San Diego News

Mon, Oct 8, 2012

California ranked first with 148,400 expected job losses in 2014 because of cuts in defense spending. While job losses will spread among a wide range of manufacturing industries, many of these jobs tend to be at the direct and indirect suppliers of defense equipment and supplies.


Sequestration conjures images of unemployment and dried-up spending, but another area likely affected will be housing.


Revised plans for the Lane Field North hotels and some big hotel leases are each scheduled to come before the Board of Port Commissioners Tuesday.


Lockheed Martin Corp. (NYSE: LMT) reacted to a challenging defense budget by cutting hundreds of jobs this year, but now the contractor won’t warn employees if their jobs are at stake because of the possibility of sequestration.


Lemon Grove-based JCI Metal Products is in freeze mode until it figures out how much the impending budget cuts will affect its business.


The date Jan. 2 will trigger $1.2 trillion across-the-board spending cuts, threatening to kill businesses and jobs. But that message still isn’t getting through to the general public.


The median price of a single-family home in the county surpassed the $400,000 level in September, up more than 3 percent from August, and more than 12 percent from September 2011, according to data from the San Diego Association of Realtors (SDAR), compiled from the Multiple Listing Service (MLS).


MEDICAL

Life Technologies Corp., maker of the Ion Torrent line of DNA sequencers, bought Compendia Bioscience Inc. to help cancer doctors connect gene mutations with available treatments.


This year is expected to be the strongest year for industrial leasing since 2006, despite a lackluster third quarter, according to a new Cushman & Wakefield report


Science Applications International Corp. (NYSE: SAI) has been awarded a prime contract by the U.S. Navy Space and Naval Warfare Systems Center Pacific (SSC Pacific) to provide In-Service Engineering Agent (ISEA) functions support services. Work will be performed primarily in San Diego.


MEDICAL

San Diego-based medical device maker CareFusion Corp. (NYSE: CFN) said Monday it agreed to buy Intermed Equipamento Medico Hospitalar, a Brazilian respiratory technology company.


MEDICAL

San Diego-based Optimer Pharmaceuticals Inc. (Nasdaq: OPTR) said Monday it is selling its remaining stake in its Taiwanese affiliate Optimer Biotechnology for $60 million.


The White House is acknowledging an attempt to infiltrate its computer system, but says it thwarted the effort


CareFusion Corp announced an agreement to buy Brazilian company Intermed Equipamento Medico Hospitalar, and EdgeWave Inc. announced it has hired Scott Steele as senior vice president of engineering, according to company announcements, SEC filings and Bloomberg News.


The following "Local Notes" appeared in The Daily Transcript's Oct. 9, 1929, issue:


(Bloomberg) -- CH2M Hill Constructors Inc. was awarded a $76.7 million contract to design and build a water treatment system that includes pump stations and a potable water reservoir at the Camp Pendleton base in Southern California.



Special Reports

Construction Works - 2013

This special report takes a closer look at some of the projects and trends in construction here in San Diego.
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Last Updated 5/17/2013
Best Performers
+0.33 
253.8%
+0.02 
200.0%
+0.05 
33.33%
+0.04 
25.00%
+0.04 
25.00%
Worst Performers
-0.01 
-50.00%
-0.10 
-33.33%
-0.09 
-24.32%
-0.58 
-10.00%
-0.08 
-6.72%

Last Updated 5/17/2013
SANTARUS INC
Cosmo, Technologies Ltd, B, Sold
No. of Shares: 4,887,500
Date Filed: 05/15/2013

SANTARUS INC
Herman, Michael E, D, Sold
No. of Shares: 25,000
Date Filed: 05/14/2013

KRATOS DEFENSE & SECURITY
Demarco, Eric M, CEO, Purchased
No. of Shares: 28,647
Date Filed: 05/14/2013

DIGIRAD CORP
Eberwein, Jeffrey E, D, Purchased
No. of Shares: 30,000
Date Filed: 05/07/2013

DIGIRAD CORP
Gillman, Charles M, D, Purchased
No. of Shares: 30,000
Date Filed: 05/07/2013






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Mon, Oct 8, 2012
 

contact info: Iam Pam