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News

EDUCATION

Bridgepoint Education sees revenue decline

Bridgepoint Education (NYSE: BPI) saw a 9 percent decrease in revenue in the first quarter of 2015 compared with the same period the year prior, though it saw a much smaller operating loss.

Daily Digest

Organovo Holdings Inc. announced a partnership with L’Oreal USA, the largest subsidiary of the world’s leading beauty company, to develop 3-D bioprinted skin tissue, and Qualcomm Inc. announced that its subsidiary Qualcomm Technologies Inc. will integrate NXP Semiconductors N.V.’s industry-leading near field communication and embedded secure element solutions across Qualcomm Snapdragon 800, 600, 400 and 200 processor-based platforms, according to company announcements, SEC filings and Bloomberg News.

GREEN

SDG&E funds state's largest-ever on-bill financing loan for Pala Casino project

The Pala Band of Mission Indians received on Monday a loan for more than $1.2 million from San Diego Gas & Electric for energy-efficient equipment scheduled to be installed in the nearly 630,000-square-foot Pala Casino Spa & Resort.

Rosenstein calls for Qualcomm to improve management pay

Cavignac names Chalfant account manager

Other Finance Headlines:

Greece begins stumbling toward the Club Euro exits

As the weeks since the Greek election have rolled into months, the government elected in January seems no closer to resolving the dichotomy between its anti-austerity inclinations and the reforms its creditors demand, as the cost of handing over more money.

San Diego Stock Exchange

The San Diego Stock Exchange Index closed lower Tuesday at 188.69, down 1.72 percent from Monday. Declining issues beat advancers 72 to 21, and 86 issues were unchanged. NuVasive Inc. (Nasdaq: NUVA) was the top dollar gainer, up 99 cents to $46.65. Receptos Inc. (Nasdaq: RCPT) was the top dollar loser, down $7.36 to $146.09. For the complete, updated San Diego Stock Exchange Index, visit sddt.com/stocks.

Paper companies’ bid to reduce tax bills curtailed by IRS

Packaging companies including International Paper Co. and Rock-Tenn Co. won’t be able to separate their containerboard operations into tax-advantaged vehicles, under rules proposed Tuesday by the IRS.

Sprint takes low road to recovery via prepaid users, tablets

Sprint Corp.’s recovery route is heading down market, relying on tablet promotions and prepaid bargain plans to compensate for the loss of the more lucrative monthly subscribers in an industry where growth is drying up.

U.S. Oil Rises to $60 for First Time This Year as Glut Recedes

(Bloomberg) -- Oil rose to $60 a barrel in New York for the first time since December, extending the biggest monthly advance since May 2009 on signs the U.S. supply glut is easing.

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