San Diego News

Wed, Aug 8, 2012

About $9.5 million has been devoted by the San Diego County Board of Supervisors to fulfill the next year’s obligations of the county’s former redevelopment agency.


The San Diego County Board of Supervisors denied Wednesday an appeal seeking to reverse the June 8 decision of the county Planning Commission to approve a 230-kilovolt overhead transmission line in Jacumba, moving forward a project meant to connect wind turbines planned for construction in Mexico to the San Diego Gas & Electric network.


Council President Tony Young and Councilman Carl DeMaio appeared together Wednesday to highlight educational disparities between the city’s eight council districts.


BIOTECH | FINANCE

(The Associated Press) -- Bristol-Myers Squibb Co. completed its purchase of diabetes drug maker Amylin Pharmaceuticals Inc. Wednesday.


Walt Ekard, chief administrative officer for the County of San Diego, announced Wednesday during the afternoon session of the county’s Board of Supervisors meeting that he’s leaving county service effective Dec. 1.


The number of homes in San Diego County receiving notices of default (NODs) jumped 8.1 percent in July from June, as the number of trustee deeds filed increased by 3.2 percent, according to the San Diego County Assessor’s Office.


The San Diego Gas & Electric loan repayment program aimed toward providing the utility’s commercial customers with money for energy-efficient equipment recently surpassed 1,000 qualified customers, bringing the annual savings in energy costs achieved to more than $10 million, the utility announced Wednesday.


Jack in the Box Inc. said Wednesday that its net income fell 38 percent in its fiscal third quarter, as it booked restructuring costs amid its turnaround efforts. But the fast food chain said a key sales figure is improving in the current quarter and raised its outlook for the year.


The government has never paid as much attention to small business as it is now, according to Frank Kendall, under secretary of Defense for Acquisition, Technology and Logistics.


Kilroy Realty Corp. (NYSE: KRC), which acquires, develops and manages real estate properties in San Diego, has announced it has priced its public offering of 5 million shares of its common stock at $46.10 per share.


San Diego-based Encore Capital Group Inc. (Nasdaq: ECPG) has announced the pricing for the underwritten public offering of 1,213,799 shares of its common stock by two of the company's stockholders, Red Mountain Capital Partners II LP and Red Mountain Capital Partners III LP.


BioMed Realty Trust Inc. (NYSE: BMR) has unveiled a new brand identity that highlights the company's commitment to the life science industry by delivering laboratories and office spaces to meet the needs of its tenants.


The following "Local Notes" appeared in The Daily Transcript's Aug. 8, 1911 issue:


Miami-based homebuilder Lennar announced six sales of the seven homes offered during the grand opening weekend for its Belmont at San Elijo Hills in San Marcos.


(AP) -- In what is being hailed as a major land acquisition in the Sierra Nevada, conservation groups say they have reached an agreement to purchase 3,000 acres atop Northern California's Donner Summit.



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Wed, Aug 8, 2012
 

contact info: Iam Pam