San Diego News

Thu, Oct 30, 2014

Health care has become one of the largest job sectors in the local economy, employing more than 121,000 and representing 9 percent of the county's labor force, according to a report released Thursday by the National University System Institute for Policy Research.


Over the past week, Democratic organizations have raised $1.2 million to fund a last-minute media blitz supporting Rep. Scott Peters' re-election campaign, nearly tripling the amount of $480,000 in Republican funds independently aiding Republican challenger Carl DeMaio's campaign.


The Port of San Diego and the city of Chula Vista celebrated the completion of the H Street Extension project in a ribbon-cutting ceremony on Thursday.


The city of San Diego has started the process of replacing its traditional parking meters with so-called “smart meters” that will allow customers to use their credit cards to pay for parking.


There are many challenges that small businesses in America face, and the likelihood of the challenges decreasing in the coming years is not evident.


Planning a successful and memorable holiday party on a budget is no small feat. Expectations are high, while costs for venue, entertainment, and food can be at a premium for the holiday season. But, there are ways to save so that no one will ever notice that some expense has been spared. With over 34 years experience, Hornblower Cruises & Events specializes in unforgettable, flawless events on the water and their professional event planners are experts when it comes to making budget tradeoffs. They have several “tricks of the trade” to share:


The newly formed Richman Group of California has broken ground on its first residential project, a 95-unit seniors affordable community, located at 345 Commonwealth Avenue in Fullerton, Calif.


Morgan Petriello has joined Gerson Law Firm APC and will work as a member of the firm’s real estate and environmental practice groups.


Latham & Watkins has named Matthew Bush a partner in its San Diego office and named Jeffrey Carlin, Drew Gardiner and James Mann as counsel.


BIOTECH | FINANCE

Vical Inc. (NasdaqGS: VICL) announced Thursday morning it lost $4.4 million in the third quarter, or 5 cents per share, which is 1 cent below what Wall Street analysts were projecting, but less than half the $9.9 million it lost in the same period in 2013.


Mitek Systems, a developer of mobile imaging for financial transactions, announced Thursday that more than 3,000 financial institutions have signed for its mobile deposit system, more than doubling the number from last year.


BIOTECH

San Diego’s Neurocrine Biosciences (Nasdaq: NBIX) on Thursday announced that the U.S. Food and Drug Administration has designated its proposed treatment for tardive dyskinesia as a breakthrough therapy, which should help expedite it through the regulatory review process.


Neurocrine Biosciences Inc. announced that the FDA has granted Breakthrough Therapy Designation for its Vesicular Monoamine Transporter 2 inhibitor, NBI-98854, in tardive dyskinesia, and Illumina Inc. announced it entered into an agreement with HTG Molecular Diagnostics Inc., under which HTG will have the right to develop certain in-vitro diagnostic test kits that utilize Illumina sequencing technology, according to company announcements, SEC filings and Bloomberg News.


The following "Local Notes" appeared in The Daily Transcript's Oct. 31, 1919, issue:


Voters in Chula Vista will decide whether to pass Proposition A and amend the city’s charter to change the way the city bids and awards public works contracts next Tuesday during the midterm election.


Eighty-nine percent of construction firms surveyed in California say they are having trouble finding qualified workers to meet the growing demand for construction services, according to a report released Wednesday by the Associated General Contractors of America.


REAL ESTATE | MANAGEMENT

Networking opportunities for real estate professionals abound for members of the Commercial Real Estate Alliance of San Diego.


REAL ESTATE | HOSPITALITY | BIOTECH | GOVERNMENT | TECHNOLOGY | MANAGEMENT

This list was compiled from properties featured from Jan. 1, 2014 to Sept. 30, 2014 in “Deal of the Week,” a weekly column by Daily Transcript Real Estate Editor Richard Spaulding. Transactions are listed by property type.


While public markets don't always succeed, restauranteur David Spatafore and The Corky McMillin Cos. are banking they will have the right formula for the Liberty Public Market in Point Loma.



5 DAY NEWS ARCHIVE

Special Reports

Commercial Property - 2014

This special report covers current market conditions, new projects and industry highlights.

San Diego Stock Exchange

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INSIDER TRADES

Last Updated 10/30/2014

DEXCOM INC

Balo, Andrew K, O, Sold
No. of Shares: 10,000
Date Filed: 10/27/2014

DEXCOM INC

Balo, Andrew K, O, Options Exercised
No. of Shares: 10,000
Date Filed: 10/27/2014

VIASAT INC

Nash, Jeffrey M, D, Sold
No. of Shares: 325
Date Filed: 10/28/2014

PICO HOLDINGS INC

Hart, John Russell, CEO, Purchased
No. of Shares: 45
Date Filed: 10/24/2014

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