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The San Diego Daily Transcript is San Diego’s only information company offering business news, data and resources daily and hourly. We report on San Diego business, finance and the San Diego economy, real estate, construction, the U.S. military in San Diego, and San Diego government construction bids.
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Finance
NEWS
Job security is a hard thing to come by in this economy. But for most active-duty military members, it's something they have, something to be cherished and something that can be exploited these days.
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The nation recently passed the 100-day mark since the American Recovery and Reinvestment Act was passed.
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The president of Pacific Office Properties Trust is leaving a firm with an ownership interest in nine office complexes here.
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Foreclosures in San Diego County reached their highest monthly totals since September 2008, while notices of default spiked after two months of decline.
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San Diego Mayor Jerry Sanders reiterated his stance against the state government borrowing funds from local municipalities Thursday, saying the city plans to sue over at least one of Sacramento’s tactics.
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California’s rebate program aimed at encouraging consumers to purchase alternative fuel vehicles, recently expired after having awarded nearly $2.6 million in incentives.
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MEDICAL
Shares of Illumina Inc. (Nasdaq: ILMN) sank Thursday after the genetic analysis instrument maker said revenue in the second quarter fell short of its own forecast and Wall Street estimates.
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The U.S. Justice Department joined a whistleblower lawsuit against SAIC Inc. (NYSE: SAI), the San Diego-based defense contractor that specializes in computer services, saying the company conspired with government employees to obtain a $3.2 billion federal contract.
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Illumina Inc. announced it has launched GoldenGate Indexing, a high-throughput genotyping solution that utilizes multi-sample indexing technology, and Senomyx Inc. announced that its Executive Vice President of Discovery and Development and Chief Scientific Officer Mark Zoller has died, according to company announcements, SEC filings and Bloomberg News.
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Opus West Corp., a firm with about 1 million square feet of office and industrial space in San Diego County will be filing for Chapter 11 bankruptcy protection in July,
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SPECIAL REPORT
SBA News Notes
Each month the San Diego district of the Small Business Administration provides news and information on working with the SBA for small business needs. This section also profiles business owners that have successfully worked with SBA lending partners to attain SBA loans.
Previous Special Reports:

Updated:

Finance Videos

George Chamberlin on the markets

July 2, 2009 -- Executive Editor George Chamberlin recaps the week's stock market activity and other financial news, including the nation's unemployment rate.

More Videos...

Corporate Directors Forum
Corporate Directors Forum helps directors be better directors through education and peer networking.

Each month the San Diego chapter of the Small Business Administration provides news and information on working with the SBA for small business needs. This section also profiles business owners that have successfully worked with SBA lending partners to attain SBA loans.

Symbol:
U.S. MARKETS
Last Updated 7/2/2009
DOW: 
8280.74 
-223.32
Nasdaq: 
1796.52 
-49.20
S&P 500: 
896.42 
-26.91
NYSE: 
5775.24 
-178.77
Last Updated 7/2/2009
Best Performers
+0.16 
34.78%
+0.01 
33.33%
+0.09 
15.00%
+2.05 
10.28%
+0.02 
7.14%
Worst Performers
-0.04 
-40.00%
-0.02 
-22.22%
-0.11 
-18.03%
-0.07 
-17.50%
-0.03 
-13.04%

Last Updated 7/1/2009
LIGAND PHARMACEUTICALS-CL B
Bvf, Partners L P, B, Sold
No. of Shares: 829,265
Date Filed: 06/25/2009

ILLUMINA INC
Flatley, Jay T, CEO, Sold
No. of Shares: 25,000
Date Filed: 06/25/2009

ILLUMINA INC
Cabou, Christian G, GC, Sold
No. of Shares: 10,000
Date Filed: 06/25/2009

ILLUMINA INC
Cabou, Christian G, GC, Options Exercised
No. of Shares: 10,000
Date Filed: 06/25/2009


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