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News

SANDAG to issue $350M in bonds

The San Diego Association of Governments last week authorized the issuance of $350 million worth of tax revenue bonds to raise money for high-priority regional transportation improvements, after gaining AAA scores from the Standard & Poor’s and Fitch bond ratings agencies.

BIOTECH

Targeson receives $776,800 in year 2 of SBIR grant

San Diego's Targeson Inc. announced it has received the Notice of Award for year 2 of the company’s 2R44 grant from the National Heart, Lung, and Blood Institute of the National Institutes of Health.

Daily Digest

Resmed Inc.: (NYSE: RMD) reported that it received a permanent injunction that prohibits sales in Germany of infringing headgear used on Apex Wizard 201 and 220 masks, and Cubic Corp.: (NYSE: CUB) announced that it was awarded a contract for more than $8 million to convert paper fare card vending machine sale- and reload-devices for SmarTrip, the contactless smart card for the Washington Metro, according to company announcements, SEC filings and Bloomberg News.

Orders for US durable goods up 0.7 percent in June

CONSTRUCTION

U.S. Construction Forecast Lowered on Lack of Public Spending

Other Finance Headlines:

Amazon Falls as Loss Widens, CEO Bezos Alarms With Spending

July 25 (Bloomberg) -- Jeff Bezos is testing the patience of investors after Amazon.com Inc. missed analysts’ estimates for a second straight quarter, sending the shares tumbling almost 10 percent.

SANDAG to issue $350M in bonds

The San Diego Association of Governments last week authorized the issuance of $350 million worth of tax revenue bonds to raise money for high-priority regional transportation improvements, after gaining AAA scores from the Standard & Poor’s and Fitch bond ratings agencies.

Targeson receives $776,800 in year 2 of SBIR grant

San Diego's Targeson Inc. announced it has received the Notice of Award for year 2 of the company’s 2R44 grant from the National Heart, Lung, and Blood Institute of the National Institutes of Health.

Australia watches debt drive up prices

Central banks from Scandinavia to the United Kingdom to New Zealand are sounding the alarm about soaring mortgage debt and trying to curb risky lending.

Rising interest rates a threat for stocks

One of the oldest rules on Wall Street is, don’t fight the Fed. When the Federal Reserve is cutting rates, you want to be long equities, and when it is tightening, get out of the way.

More Finance News
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