San Diego News

Fri, Dec 19, 2014

The previous column discussed the Millionaire Next Door and pointed out how Daily Transcript subscribers, rental owners and millionaires had at least six common traits.


Working at the world's largest pure tenant representation firm is a great opportunity to interact with business owners and managers representing a broad range of industries. It gives us a lot of joy to help increase the EBITDA value of the companies we represent. In addition to providing leasing services across the country, we spend a great deal of time working with business owners interested in buying their real estate instead of leasing.


The city of Encinitas announced Friday it has closed escrow on its purchase of the Pacific View property from the Encinitas Union School District.


The unemployment rate in the San Diego County was 5.8 percent in November 2014, unchanged from a revised 5.8 percent in October 2014, and below the year-ago estimate of 7.0 percent.


As millions of Southern Californians get ready to hit the road to celebrate the holidays, gas prices are falling by 2 cents per day or more and giving drivers another holiday gift of extra cash.


Although the uppermost and lowermost job tiers have grown strongly during the economic recovery, there are still nearly 10 percent fewer middle-income jobs than they were before the recession began, according to a report released Thursday by the National University System Institute for Policy Research.


BIOTECH

Stock in Carlsbad’s Isis Pharmaceuticals (Nasdaq: ISIS) jumped nearly 10 percent Friday morning to all-time highs after CNBC commentator Jim Cramer called it “one of the most exciting companies I’ve ever come across,” partly based on prospects of a proposed treatment for blood clots.


BIOTECH

A key team of European regulators has given a green light to an anti-obesity treatment developed by La Jolla’s OrexigenTherapeutics (Nasdaq: OREX), the company announced Friday.


The following "Local Notes" appeared in The Daily Transcript's Dec. 22, 1993 issue:


Cargo vessels


Genesee Plaza, a 161,184-square-foot, multi-tenant office and medical office campus at 9333 and 9339 Genesee Ave., San Diego 92121, has been sold for $72 million.


(AP) -- Federal scientists say there is a 75 percent chance of average or above-average precipitation between January and the end of March for California.


The night before the U.S. government announced the Sony hack — which led to the cancellation of "The Interview" debut — was carried out by North Korean state actors, the U.S. Senate adjourned without reauthorizing the not widely known Terrorism Risk Insurance Act.


"Workplace flexibility" is often described as a strategic business imperative, with management encouraged to discuss flexible work arrangements with employees against the backdrop of changing demographics and technological advances. And for good reason since flexibility presents a potential "win-win-win" scenario for employees, employers and the environment. Amongst other things, workplace flexibility allows employees greater work-life balance, assists employers with employee retention and recruiting, and reduces commuting time and congestion.



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San Diego Stock Exchange

Best Performers

Company $ Chg % Chg
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Worst Performers

Company $ Chg % Chg
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INSIDER TRADES

Last Updated 12/19/2014

AVANIR PHARMACEUTICALS-CL A

Katkin, Keith A, CEO, Sold
No. of Shares: 277,680
Date Filed: 12/15/2014

LA JOLLA PHARMACEUTICAL CO

Tang, Kevin C, DO, Purchased
No. of Shares: 232,925
Date Filed: 12/11/2014

ILLUMINA INC

Walt, David R, D, Sold
No. of Shares: 12,000
Date Filed: 12/09/2014

DEXCOM INC

Gregg, Terrance H, CEO, Sold
No. of Shares: 35,000
Date Filed: 12/15/2014

ACADIA PHARMACEUTICALS INC

Hacksell, Uli, CEO, Sold
No. of Shares: 30,000
Date Filed: 12/15/2014

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