San Diego Business Journal back issues from May 2008:
Community banks thriving with Big Banks in Turmoil: community institutions not besieged by problem loans.
May 05, 2008; ... Despite the impression That the entire banking Industry is in turmoil, community banks are growing, making money and expanding markets. "We're actually growing our market share during this downturn," said Michael Perry, chief executive at San Diego Trust Bank. "We have the ...
Grocery prices climb, no shortages yet: Jimbo's says costs of import products are soaring.
May 05, 2008; ... By the looks of grocery aisle price tags, the heat won't be the only thing making San Diegans sweat this summer. But there is probably no need, or much sense, in stockpiling groceries. Lloyd Greif, president and chief executive officer of the Los Angeles-based ...
Scripps Encinitas nurses walk away from union: association 'didn't have that much to offer us'.(Scripps Memorial Hospital Encinitas)
May 05, 2008; ... Citing stronger bargaining power without union representation, registered nurses at Scripps Memorial Hospital Encinitas have voted to end a four-year relationship with the California Nurses Association. Jeanne Leonard, a registered nurse in the hospital's rehabilitation unit and ...
Real estate sectors are struggling across the board: but area shows some resiliency in job growth.
May 05, 2008; ... San Diego's housing woes hit another nadir last week after a series of reports revealed trends in falling home prices, mounting job losses in construction and related industries and an unwillingness by banks to extend credit in risky situations--all of which have left economists to wonder ...
'What got us here won't get us there'.(SDBJ INSIDER)(Scott Alevy resigns from San Diego Regional Chamber of Commerce)(Sara Wilensky Napoli resigns from San Diego Community Foundation)
May 05, 2008; ... As Shakespeare wrote, "Parting is such sweet sorrow." Two important job switches are under way among San Diego's high-profile business leadership. Scott Alevy, one of the top executives at the San Diego Regional Chamber of Commerce, is leaving to join Karen Hutchens' PR shop. Alevy should ...
2 Northrop contracts may yield thousands of jobs for the region: new hires to be tapped to develop military planes.
May 05, 2008; ... Northrop Grumman Corp.'s recent good fortune looks like good news for the San Diego economy. The Los Angeles-based company received a $1.16 billion research and development contract on April 22 to produce a Navy version of its Global Hawk surveillance plane. The ...
Julie likes silicon.(Ask the EXPERTS)(messenger services)
May 05, 2008; ... "Hey I found your profile online and wonted to know if you would like to chat. Add me to MSN messenger to chat and maybe cam!!" So began the email my friend received. What was this all about? What is the goal of such a message? People often have lots of profiles ...
NTN looks to create buzz with two new games: 2008 a pivotal year as company strives to get out of the red, CEO says.(NTN Buzztime Inc.)
May 05, 2008; ... NTN Buzztime Inc., a Carlsbad-based interactive game company, hopes the lagging and discontinued operations it sold off last year will propel it toward improved financials beginning June 30. Buzztime is targeting the "millennials," those born between 1982 and 2000. That audience ...
Executives stung by 'subpoena' e-mail scam: Websense CEO among professionals targeted, but filter-protected.
May 05, 2008; ... A bright yellow public notice on the home page of the U.S. District Court for the Southern District of California's Web site is trying to clear up a little problem. An e-mail scam targeted at executives and other high-profile individuals involved a fake subpoena from what ...
Qualcomm opens Dubai office, posts increased earnings: tech giant reports healthy results as legal row continues.(Financial report)
May 05, 2008; ... Just days after releasing its second-quarter 2008 results, Qualcomm Inc. reported it opened a new office in Dubai, United Arab Emirates. The office will serve as a hub for Qualcomm's regional business interests and will provide support for device manufacturers, network operators ...
Qualcomm Stadium expects sellout when 'futbol' fever spikes.(SPORTS BUSINESS)
May 05, 2008; ... For local soccer fans, the place to be June 4 is Qualcomm Stadium, when it hosts an exhibition match between Mexico and Argentina. If you're into futbol, enough said. In terms of its soccer pedigree, Argentina is about as big as it gets. The country is a perennial powerhouse ...
If chargers can't get their kicks in Chula Vista, they might look North to L.A.(SPORTS BUSINESS)
May 05, 2008; ... Stadium Proposal Changes Chargers' Dynamics: You could almost feel the anxiety rising among San Diego Chargers fans last month when developer Edward Roski Jr. announced the construction of a football-only stadium in the city of Industry, near Los Angeles. Roski, who developed ...
Padres' attendance and offense drop.(SPORTS BUSINESS)(Brief article)
May 05, 2008; ... Padres' Attendance And Offense Drop: The latest San Diego Padres homestand wasn't good in terms of wins, one victory in five tries, or at the gate. Although the weekend series featured the red-hot Arizona Diamondbacks, only the April 27 game drew well, at 40,000 tickets sold. This season, ...
SoftWhere event seeks to forge a path for digital arts: scholars convene to study computers' role in society and business.(University of California, San Diego. )
May 05, 2008; ... Leading scholars and engineers in the field of software studies are on a mission to re-examine and shape the way software development impacts business and media users. On May 21 and 22, UC San Diego, will host a software studies workshop dubbed SoftWhere 2008, in partnership ...
Visual Ventures' site looks to connect employers, job hunters.(Brief article)
May 05, 2008; ... San Diego-based Visual Ventures LLC planned to launch an interactive online employment community May 1. VMploy.com (dubbed "Your Visual Employment Community") enables job seekers to market themselves to potential employers using video resumes and other multimedia tools. The site ...
Banks can't keep up with buyer demand for foreclosed properties.
May 05, 2008; ... With foreclosures hitting a 16-year high, demand for bank-owned homes has outstripped lenders' ability to dispose of them. Of the 5,000 properties in escrow last week in San Diego, 20 percent are bank-owned, said Brian Yui, chief executive officer of HouseRebate.com, which has ...
Metabasis therapeutics seeking partner for diabetes treatment.(BIOTECH)(Clinical report)
May 05, 2008; ... Metabasis Therapeutics Inc. says it will look to find a partner to advance its experimental diabetes drug following studies that showed the therapy safe and effective in a midstage human trial. The second generation drug, MB07803, targets a key enzyme to control production of ...
Isis Pharmaceuticals' stock drops after FDA request.(BIOTECH)(Brief article)
May 05, 2008; ... FDA Wants More Info From Isis: Shares of Carlsbad-based Isis Pharmaceuticals Inc. sank April 25 following the FDA's request for additional data demonstrating that its experimental cholesterol-lowering drug does not cause cancer. Shares of Isis, traded on Nasdaq under the symbol ...
Lindbergh likely to avoid turbulence caused by airlines' many problems.(TOURISM)
May 05, 2008; ... [ILLUSTRATION OMITTED] A study showing that the airlines' woes were worse last year than the year before is almost an understatement considering the more recent groundings of Southwest and American. Add in skyrocketing jet fuel prices and the possible merger of Delta and ...
Pearl Hotel feels groovy, adds 24/7 brunch party.(TOURISM)(Brief article)
May 05, 2008; ... The Pearl Gets In The Brunch Groove: The Pearl Hotel, a boutique on Rosecrans Street in Point Loma, planned to launch its "Groove 24/7 Brunch Party" on May 4 and continue the event weekly from 10 a.m. to 8 p.m. on Sundays thereafter. The brunch menu ...
May is that time of year for shareholder meetings.(PUBLIC COMPANIES)
May 05, 2008; ... If it's May, it's shareholder meeting season, with many public companies hosting mandatory gatherings to elect directors, affirm auditors, and change how they pay top officials. If this sounds dull, it's because it is. Most shareholder meetings are perfunctory, and take no more ...
ImageWare Systems to be delisted from Amex.(Ticker Takes)(Brief article)
May 05, 2008; ... Ticker Takes: ImageWare Systems Inc. says it's being delisted from the American Stock Exchange because it has shareholders equity of less than $4 million and posted losses from continuing operations and net losses in three out of its four most ...
Directed Electronics Inc.(Ticker Takes)(Brief article)
May 05, 2008; ... Directed Electronics Inc. says a distribution agreement it has with Sirius Satellite Radio Inc. was extended another year from August 2008. The company says the pending merger of the Sirius and XM satellite radio ...
Iomega Corp.(Ticker Takes)(EMC Corp. acquires Iomega Corp.)(Brief article)
May 05, 2008; ... EMC Corp. began its tender offer to acquire all the outstanding shares of Iomega Corp. EMC is offering $3.85 per share for an aggregate price of $213 million for Iomega ....
Overland Storage Inc.(Ticker Takes)(financial report)(Financial report)(Brief article)
May 05, 2008; ... Overland Storage Inc. is reporting a net loss of $4.9 million on revenue of $31.8 million for its third quarter, which ended March 31. ...
Frontera Investment Inc.(Ticker Takes)(Bidnow.com)(FRNV)(Brief article)
May 05, 2008; ... Frontera Investment Inc. changed its ticker to FRNV on the Pink Sheets from its earlier symbol of BDNW.PK before conducting a reverse merger with ...
DivX Inc.(Ticker Takes)(Brief article)
May 05, 2008; ... DivX Inc. says it entered into an agreement with LG Electronics to include its technology in a new cell phone. ...
Javo Beverage Co.(Ticker Takes)
May 05, 2008; ... Javo Beverage Co. is reporting a net loss of $1.8 million on revenue of $3.9 million for the first quarter of 2008. ...
Peter Piper picking five local sites for new pizzerias.(RETAIL)
May 05, 2008; ... What's the difference between Peter Piper Pizza and Chuck E. Cheese? "Well, our pizza actually tastes good, that's one thing," said Humberto Valdez, franchise consultant for the Scottsdale, Ariz.-based Peter Piper Pizza chain. Valdez has worked with Peter Piper for 20 years, ...
Cosmederm seeks $15m in Asian sales.(RETAIL)(Brief article)
May 05, 2008; ... Cosmederm Seeks $15M In Asian Sales: La Jolla skin care development firm Cosmederm Technologies Inc. said April 8 that a Hong Kong firm will distribute its anti-aging and anti-itch products in Asia. Cosmederm has been in business since the mid-1990s, but suffered a "development ...
Skyriver expands local network with NetHere acquisition.(TECHNOLOGY )(Skyriver Communications Inc. acquires NetHere Internet Services Inc.)(Brief article)
May 05, 2008; ... Skyriver Communications Inc. said April 21 that it completed the acquisition of NetHere Inc., a local Internet service provider, for an undisclosed sum. Through the acquisition, Skyriver added a large number of business customers and expanded its network to include a substantial portion of ...
SGIS noticed for sales growth.(TECHNOLOGY)(Brief article)
May 05, 2008; ... SGIS Noticed For Sales Growth: Defense contractor SGIS said April 23 that it was named to Entrepreneur Magazine's Hot 100 list of the Fastest Growing Businesses in America for 2008. The San Diego-based company was ranked 10th for sales and job growth. "We are incredibly honored ...
Recycling honors.(TECHNOLOGY)(Kyocera Wireless Corp. receives recycling award)(Brief article)
May 05, 2008; ... Recycling Honors: Kyocera Wireless Corp. said April 28 it earned its eighth consecutive recycling award from the city of San Diego's Environmental Services Department. The honor is Kyocera's 15th award from the city--the most of any business, according to city officials. ...
Local company to make waves at Caribbean Hotel.(SOLANA BEACH)(Brief article)
May 05, 2008; ... American Wave Machines Inc. said April 28 that a Caribbean resort will incorporate its Surf Stream standing wave machine into the resort's water park expansion. The ...
Boost sales, benefit Rady Hospital at biz showcase.(SANTEE)
May 05, 2008; ... Costco plans to host a business showcase from 9:30 a.m. to 2 p.m. May 10 that allows participating businesses to show off their wares at booths inside the ...
Otay Ranch aims to be town center of attention.(CHULA VISTA)
May 05, 2008; ... Otay Ranch Town Center, an upscale mall in the Eastlake section of the city, says it is launching a Tuesday evening farmers market running each week from 4 to 8 p.m. starting May 13. In addition, ...
Wake up and celebrate Small Business Month.(POWAY)(Brief article)
May 05, 2008; ... The Chamber of Commerce has scheduled a breakfast program for May 16 to celebrate Small Business Month. To be held at Remington Club II at 16916 Hierba Drive, the "Wake Up to Small Business ...
60k will take to streets for fairly grand time.(ESCONDIDO)(San Diego Chamber of Commerce)(Downtown Business Association )(Brief article)
May 05, 2008; ... The Chamber of Commerce and the Downtown Business Association are scheduled to hold the Street Faire on May 18 along Grand Avenue. The fair features arts and crafts, a car show and a home improvement ...
Premier Food Services jobs will be available.(DEL MAR)
May 05, 2008; ... The Del Mar Fairgrounds plans to host its annual food services job fair May 13 for seasonal employment. There will be jobs available for the San Diego County Fair, which runs from June 14 through July 6, and the Del Mar Thoroughbred Club horse ...
Nassco makes 10-year, $4m commitment to area.(NATIONAL CITY)(NASSCO Holdings Inc.)(Brief article)
May 05, 2008; ... Nassco has signed a 10-year lease to expand its current shipbuilding operations. The $4 million lease is for 55,000 square feet of space at Tidelands Industrial Park on Tidelands Avenue just south of the 32nd Street Naval Station. ...
Seen after hours: Technology Executive Awards 2008.(Brief article)
May 05, 2008 ... It was an evening to remember for the local business community as close to 600 guests attended the Technology Executive of the Year Awards at the San Diego Mariott & Marina on April 23. The first annual event, which featured television news personality Jane Mitchell and the Business ...
The attorney-client relationship: helping your attorney help you.(Ask the EXPERTS)
May 05, 2008; ... When it comes to litigation, no relationship will be more important than the relationship between the client and his or her attorney. The dynamics of litigation (fast-paced, high stress and high stakes) makes the attorney-client relationship all the more important and quite obvious when ...
Groups making changes down on Main Street.(VISTA)(Brief article)
May 05, 2008; ... The city's redevelopment agency has approved spending $485,000 to buy a 6,400-square-foot building at 127 Main St., which would be leased to the Chamber of Commerce and the Vista Village Business Association, a nonprofit representing businesses in the city's core area. The ...
Beer will flow, but not with Chamber's help.(EAST COUNTY)(San Diego East County Chamber of Commerce)(La Mesa Chamber of Commerce)(Brief article)
May 05, 2008; ... The San Diego East County Chamber of Commerce will not play a role in La Mesa's Oktoberfest this year, the La Mesa City Council decided with a 4-1 vote during an April 23 meeting. The council voted to reject the chamber's application and give it to the La Mesa Village Merchants Association ...
Chamber event to help companies gain exposure.(SAN MARCOS)
May 05, 2008; ... The Chamber of Commerce plans to host the 2008 Business & Technology Expo on May 22 at Corky Smith Gymnasium near City Hall. The expo, set for 2 to 6 p.m., will cover expected trends in health care, information technology, software, construction and design, and emerging local ...
CDM gets $36m contract for naval work in Guam.(CARLSBAD)(CDM Constructors )(Brief article)
May 05, 2008; ... CDM Constructors has been awarded a $36 million contract for wastewater treatment plant repairs and upgrades at Naval Base Guam by the Naval Facilities Engineering Command Pacific. ...
Chamber's salute to the Marine Corps scheduled.(OCEANSIDE)
May 05, 2008; ... For 48 years, the Chamber of Commerce has toasted the Camp Pendleton Marines at Mission San Luis Rey in recognition of the Corps' birthday. The chamber plans to continue the tradition Nov. 6 with ...
City looks to extinguish sales of novelty lighters.(ENCINITAS)(Brief article)
May 05, 2008; ... The City Council voted unanimously last week to ban the sale and distribution of lighters that look like toys, as other cities in San Diego County have done. Opponents of so-called novelty lighters say they appeal to children who could be harmed by using them or harm someone ...
Loews resort a hit with parents, kids, magazine.(CORONADO)(Loews Coronado Bay Resort )(Brief article)
May 05, 2008; ... Loews Coronado Bay Resort was the only West Coast venue on Parents Magazine's list of the 10 best beach resorts for families, which appears in the May issue. Editors priced a resort stay for ...
Small businesses don't have to miss out on valuable resources: only 15 percent of qualified enterprises applied for share of $360 billion available in 2007.(SMALL BUSINESS QUARTERLY: WOMEN-OWNED BUSINESSES)
May 05, 2008; ... [ILLUSTRATION OMITTED] Is taking a bigger risk necessarily the only way to get a bigger reward? In launching a small business, taking out a loan is often file only choice, but other resources may be overlooked or untapped by startups. In San Diego, a disconnect ...
Cyberspace holds a world of productivity freebies for businesses: online marketer helps entrepreneurs tap into wealth of Web tools.(Special Report)
May 05, 2008; ... Online resources offer small business owners access to "the free stuff," according to Debra Simpson, and everybody likes free stuff, she says. Simpson is owner of Magic In Words, a Carlsbad-based Internet marketing business designed to help entrepreneurs increase traffic to ...
Small businesses take lessons in securing contracts for highway projects: Caltrans expects $1.2b in state, federal funds for the region through '09.(Special Report)
May 05, 2008; ... With state and federal funds earmarked for reconstructing the state's crumbling highway system, the California Department of Transportation is poised to receive more than $6.5 billion between October 2007 and September 2008. For San Diego and Imperial counties, this amounts to ...
Women-owned businesses: ranked by 2007 gross revenue.(Special Report)(Directory)(Statistical table)(Company rankings)
May 05, 2008; ... <Pre> WOMEN-OWNED BUSINESSES Ranked by 2007 gross revenue Gross revenue: * 2007 ...
Ex-naval pilot steers his career to liberty station karate studio: martial arts instructor hopes to triple current 142 enrollment in a year.(Special Report)(United States Karate Academy)(Sal Convento )
May 05, 2008; ... After retiring from the Navy, Sal Convento says he's still serving his country and the community as chief instructor at the United States Karate Academy at Liberty Station. The ex-officer opened his academy at the site of the former Naval Training Center in Point Loma last ...
Concessionaires flip their business to Mexican-style 'taqueria': partners target $320k to open Baja Tacos & Beer near SDSU this summer.(Special Report)(San Diego State University )
May 05, 2008; ... Martin Rascon and John Vallas met early last year while operating food concessions at the San Diego Auto Swap Meet at Qualcomm Stadium. It didn't take them long to team up to develop Martin's idea for a restaurant. Rascon, 39, originally from the Imperial Valley, has years of ...
Legal notice.
May 05, 2008 ... FICTITIOUS BUSINESS NAME STATEMENT File No. 2008-011033 FICTITIOUS BUSINESS NAME: PCsmart Business Networks 4187 Mt. Hukee Ave. San Diego, CA 92117 THIS BUSINESS IS HEREBY REGISTERED BY THE FOLLOWING: PCsmart ...
Golden equity showing more seniors benefits of reverse mortgages.(REAL ESTATE)
May 05, 2008; ... Seniors looking to take cash from the value of their home without actually selling it or moving out are turning to reverse mortgages in growing numbers. A reverse mortgage is essentially a loan on a portion of all of a home's equity. The latest pitch by practitioners is that ...
Summit says it's time for execs to do an about-face.(REAL ESTATE)(Brief article)
May 05, 2008; ... Summit Targets Dwindling Work Force: Woe to the real estate agent in desperate times. A conference in San Diego this week focuses on work force shortages in the commercial real estate sector. Apparently, companies cannot find and retain good talent. The tight supply of corporate ...
RJC Architects lands $7.5m navy contract for enlisted quarters, facilities.(PROGRESS REPORT)(Brief article)
May 05, 2008; ... RJC Architects, a local architecture and construction management company, has been awarded a $7.5 million contract by the U.S. Navy. The contract is for design and consulting work at various Navy and Marine Corps facilities located primarily in ...
Construction completed on $5m office campus with 5 buildings in Kearny Mesa.(PROGRESS REPORT)(Brief article)
May 05, 2008; ... Construction is complete for Highland Skypark, a 57,000-square-foot office campus sitting on 4.7 acres off of Ruffin Road in Kearny Mesa. San Diego-based Smith Consulting ...
Architects Delawie Wilkes Rodrigues Barker provided full architectural design services for the expansion and renovation of the 3,900-square-foot Rancho Bernardo Inn's spa facilities at 17550 Bernardo Oaks Drive in Rancho Bernardo.(PROGRESS REPORT)
May 05, 2008; ... Architects Delawie Wilkes Rodrigues Barker provided full architectural design services for the expansion and renovation of the 3,900-square-foot Rancho Bernardo Inn's spa facilities at 17550 Bernardo Oaks Drive in Rancho Bernardo. Seven small spa-garden ...
Serenata, a new neighborhood in College Grove, will celebrate its grand opening May 4 when the model homes will be open to the public.(PROGRESS REPORT)(Brief article)
May 05, 2008; ... Serenata, a new neighborhood in College Grove, will celebrate its grand opening May 4 when the model homes will be open to the public. The opening will take place from 11 a.m. to 2 p.m. and guests can enjoy a cooking demonstration from Sam the ...
Good & Roberts Inc. has been awarded a contract by Rexford Industrial Realty & Management Inc. for improvements at 5803 Newton Drive in Carlsbad.(PROGRESS REPORT)(Brief article)
May 05, 2008; ... Good & Roberts Inc. has been awarded a contract by Rexford Industrial Realty & Management Inc. for improvements at 5803 ...
KTGY Group Inc. has been recognized by the Building Industry Association of Southern California and the Home Builders Association of Northern California as a finalist in six categories in the prestigious MAME Awards competition, including Best Community, Best Attached Home and Best Architectural Design.(PROGRESS REPORT)(Brief article)
May 05, 2008; ... KTGY Group Inc. has been recognized by the Building Industry Association of Southern California and the Home Builders Association of Northern California as a finalist in six categories in the prestigious MAME Awards competition, including Best Community, Best Attached Home and Best ...
CoreNet Global, a professional association for corporate real estate executives, were set for members to roll up their sleeves May 2-3 for the renovation of Bayside Community Center in Linda Vista.(PROGRESS REPORT)(Brief article)
May 05, 2008; ... CoreNet Global, a professional association for corporate real estate executives, were set for members to roll up their sleeves May 2-3 for the renovation of Bayside Community Center in ...