San Diego News

Wed, Dec 12, 2012

California Western School of Law raised $2,700 for the Toussaint Academy of San Diego during its 24th Annual Halloween Auction and Bake Sale.

Fred Gordon and Rhonda Holmes, partners in the San Diego-based law firm Gordon & Holmes, have donated $200,000 to California Western School of Law to support the school's trial teams.

The operations of four UltraStar theater complexes in San Diego County and one in Temecula are part of a multimillion asset acquisition by Westfield, N.J.-based Digital Cinema Destinations and Start Media LLC.

Cellular traffic in the United States today is 40,000 times greater than it was 10 years ago. That equates to 37 gigabytes of data used per second, which is only expected to increase as the number of cellular subscribers and their data usage rates continue to climb.

The housing market is anxiously waiting at the starting line for the gun to fire, and for buyers and sellers to start the race.

San Diego attorney Aaron Arpi has joined the law firm Kilpatrick Townsend & Stockton as an associate in the electronics and software team of the firm's intellectual property department.

In the third major downtown San Diego office building sale this year, a joint venture of Lincoln Property Co. and Angelo Gordon & Co. have completed their purchase of the 600 B St. office tower at that same address -- and at least one more big sale is on the way.

The Chula Vista City Council unanimously approved an Exclusive Negotiating Agreement (ENA) on Tuesday with HomeFed Corp. to establish a master plan developer for a future university park and research center.

Farrah Douglas joined the staff of the Tri-City Hospital Foundation on Dec. 12 as the executive director of major gifts and development.

An administrative law judge will reconsider San Diego-based Overland Storage's (Nasdaq: OVRL) patent infringement claims against Germany-based BDT-Solutions GmbH, following a ruling by the U.S. International Trade Commission Wednesday.

In response to patron usage patterns and to improve library access, the Murrieta Library will revise its operating hours, effective Thursday, Jan. 3, 2013.


San Diego-based Cadence Pharmaceuticals Inc. (Nasdaq: CADX), a biopharmaceutical company focused on acquiring, in-licensing, developing and commercializing proprietary products principally for use in the hospital setting, has entered into an agreement to terminate its exclusive option to acquire privately-held Incline Therapeutics Inc.

MicroPower Technologies Inc., a provider of wireless surveillance services, appointed a former Skype and eBay executive to its advisory board.

International real estate firm Hines said the 13-story, 415,000-square-foot building under construction at La Jolla Commons in San Diego will become the nation’s largest carbon-neutral office building to date.


Acadia Pharmaceuticals Inc. announced a private placement equity financing and will receive gross proceeds of $86.4 million from the sale of its securities.

Acadia Pharmaceuticals Inc. announced a private placement equity financing pursuant to which it will receive gross proceeds of $86.4 million from the sale of its securities, and AMN Healthcare Services Inc. announced it has increased the size of its board to eight, and appointed Mark Foletta as a new director, effective immediately, according to company announcements, SEC filings and Bloomberg News.

The following "Local Notes" appeared in The Daily Transcript's Dec. 13, 1927 issue:
James H. Rand himself yesterday steered the Spitfire V to victory in the speedboat races winning the $6,000 trophy. The Buffalo millionaire covered the five-mile course in six minutes and 52 seconds, breaking all former records.

The 24-story, 359,218 square-foot office building at 600 B St., downtown San Diego 92101, has been sold for $49 million.

(AP) -- Federal officials say rising demand and falling supply pose a risk of water shortages over the next 50 years for some 40 million people, including Native Americans, businesses, ranchers and farmers in seven Western states dependent on the Colorado River.

Wed, Dec 12, 2012

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