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Finance
NEWS
Shares of First PacTrust Bancorp (Nasdaq: FPTB) jumped in Friday trading after the company reported its second consecutive quarter of earnings growth.
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San Diego's contribution to gross domestic product grew -- even accelerated -- in 2008, according to a recent report by the National University System Institute for Policy Research, which seemed to contradict local evidence of economic weakness.
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BIOTECH
Ardea Biosciences (Nasdaq: RDEA) shrunk its quarterly loss in the third quarter thanks to an upfront fee from its license agreement with Bayer.
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San Diego-based Applied Solar Inc. (OTC: APSOQ) has closed the previously announced sale of its assets and operations to Quercus APSO LLC, a wholly owned subsidiary of The Quercus Trust in Newport Beach.
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MANAGEMENT
Medical-device company NuVasive Inc. (Nasdaq: NUVA) said Friday that it named Michael Lambert as its chief financial officer, succeeding Kevin O'Boyle.
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MANAGEMENT
North Island Credit Union has named John Tippets as its new president and chief executive officer. Tippets started work Thursday, replacing former president and CEO Michael Maslak.
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San Diego-based Mitchell International Inc. has acquired Scene Genesis, a Web-based workflow and connectivity solutions provider who aims to improve the claims-handling process for insurers, independent appraisers and shops.
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Southern California gas prices dipped very slightly in most cities this week but continue to stubbornly stick near $3 a gallon during a time of year that traditionally brings price decreases, according to the Automobile Club of Southern California.
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An infusion of stimulus funds has given the U.S. Small Business Administration more resources for helping small contractors win bids, and a new agreement between local officials is designed to help San Diego companies take advantage.
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MEDICAL
Shares of Genoptix Inc. (Nasdaq: GXDX) jumped after the Carlsbad-based laboratory services provider beat Wall Street's third-quarter earnings expectations and raised its outlook for the year.
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SPECIAL REPORT
Banking & Finance Quarterly October 2009
This quarterly report takes a closer look at San Diego banks and credit unions, with insights from local financial experts.
Previous Special Reports:

Updated:

BUSINESS NEWS

In The News

Details on the big local business stories of the day, a recap of the day's stock market, and a look at some of the next day's major economic announcements and earnings reports.

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Finance Videos

George Chamberlin on the markets

Nov. 6, 2009 -- Executive Editor George Chamberlin recaps the week's financial news, including Friday's national unemployment rate announcement and weekly payrolls, as well as Starbucks earnings.


Unique coverage of current corporate governance issues, created in partnership with the Corporate Directors Forum.

This quarterly report takes a closer look at San Diego banks and credit unions, with insights from local financial experts.

Symbol:
U.S. MARKETS
Last Updated 11/6/2009
DOW: 
10023.42 
+17.46
Nasdaq: 
2112.44 
+7.12
S&P 500: 
1069.30 
+2.67
NYSE: 
6958.29 
+8.15
Last Updated 11/6/2009
Best Performers
+0.75 
150.0%
+0.04 
66.67%
+0.08 
66.67%
+0.01 
25.00%
+1.00 
20.00%
Worst Performers
-0.01 
-50.00%
-0.01 
-25.00%
-0.12 
-25.00%
-0.13 
-13.27%
-0.01 
-12.50%

Last Updated 11/6/2009
SANTARUS INC
Proehl, Gerald T, CEO, Options Exercised
No. of Shares: 38,571
Date Filed: 11/03/2009


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