Finance News Archive

A lack of new construction is impeding economic growth nationwide, and San Diego County is expected to add only 2,500 single-family homes in 2014, two economists said Thursday.

Corporate earnings reports continued to drive stock market activity Thursday. The balance between positive and negative reports led to a standoff on prices.

Cubic Corp. announced it was awarded a new order valued at $4.1 million for its Instrumentable Multiple Integrated Laser Engagement Tactical Vehicle Systems from the U.S. Army’s Program Executive Office for Simulation, Training and Instrumentation, and Organovo Holdings Inc. announced it has entered into an agreement with Janssen Research and Development, a pharmaceutical company of Johnson & Johnson, to evaluate the use of 3D bio-printed tissue in a drug discovery setting, outside of Organovo’s work in 3D liver tissue for toxicity testing, according to company announcements, SEC filings and Bloomberg News.

Cabrillo Credit Union raised more than $17,000 to benefit Rady Childrenís Hospital during the Scripps Ranch-based financial institution’s annual fundraising campaign.

Qualcomm Inc. (Nasdaq: QCOM) announced late Wednesday that it has committed to investing up to $150 million in Chinese startup companies across all stages.

Twenty-six. That's the number of times the S&P 500 has closed at an all-time record high so far in 2014 including yesterday.

Major Economic Releases

Today's world is different than that of our parents. Interest rates are at all time lows and market yields seem extra volatile. According to CNN Money, while no one investment choice fits all, an Index Annuity might be a smart consideration for some of your retirement funds.

Ever wondered why your 401(k) doesn't seem to really grow like you thought it would? Except of course by your own contributions that is! The chart below shows $100,000 with no additional contributions.

Qualcomm Inc., the biggest maker of mobile-phone chips, forecast fiscal fourth-quarter profit that may fall short of analysts’ estimates, citing challenges to its technology-licensing business in China.

The stock market was mixed Wednesday as investors continue to digest corporate earnings reports for the second quarter.

The Daily Digest intends to help readers track major announcements made by and about companies on the San Diego Stock Exchange Index. The Daily Digest tracks announcements and SEC filings released from midnight until 4 p.m., or three hours after the stock markets close. To see how companies on the San Diego Stock Exchange Index performed, visit sddt.com/stocks.

BofI Holding Inc. (NASDAQ: BOFI), parent company of BofI Federal Bank, reports completing its $50 million at-the-market common stock offering, which commenced in March 2013.

Carlsbad-based online crowdlending provider Dealstruck Inc. has made a series of additions to its senior leadership team.

Waiting for something to happen. Stocks seem to be meandering these days, as they often do during the summer, waiting for something to happen that will move the markets one way or the other.

Major Economic Releases

Five years after the Great Recession, employment gains and recovering optimism may still be diluted by rising costs of doing business, according to a survey by The Daily Transcript sampling 319 business leaders in San Diego County.

While report after report shows a rebounding economy, households and consumers across the country and in San Diego seem hesitant to break out of the gloom caused by one of the deepest and longest-lasting recessions in the nation's history.

Gold prices may stabilize in the next six months after recent losses preceded by a run of weekly gains, commodities experts say.

Leanne Brown didn't set out to write a buzz-worthy cookbook for people who want fine-dining taste on a food stamp budget.