San Diego Business Journal articles from August 2005

San Diego Business Journal archives from August 2005

Otay industrial land being eyed for homes: builders contribute millions as area's plan update continues.
August 1, 2005... Otay Mesa -- like a phoenix rising--seems to be emerging from the ashes this year, sparked by an increased demand for its commercial and industrial land on both sides of the border. The recent purchase of a 40-acre parcel and the pending...

A new look in Old Town: Bazaar del Mundo reopens after losing state park concession.
August 1, 2005... After losing a hard-fought battle to hang on to the Old Town San Diego Slate Historic Park concession, Diane Powers looked anything but wounded as she worked to prepare for Bazaar del Mundo's grand reopening celebration in its new quarters...

Sycuan bets SDSU gaming program will be a winner: legal, policy issues will be part of new school's studies.(San Diego State University)
August 1, 2005... The business of American Indian gaming goes under the microscope at San Diego State University with the creation of an academic center dedicated to the subject. A $5.47 million gift from the Sycuan Band of the Kumeyaay Nation, owners of...

Mayor's race becomes a matter of business: campaigns for Donna Frye, Jerry Sanders likely to see seven figures being spent.
August 1, 2005... Who is perceived as pro-business has often played a role in San Diego politics, but it seems to be especially resonant in the current race for mayor. On July 26, in a special election to replace Mayor Dick Murphy, who stepped down July 15,...

Correction.(Correction Notice)
August 1, 2005... A reference to the ticker symbol for Discovery Bancorp in the July 25 edition of the San Diego Business Journal was incorrect. The correct tickers is DVBC.OB. The Business Journal regret the error.

Starwood hangs 'for sale' sign on downtown hotel: Westin Horton Plaza could fetch up to $130m.(Real Estate)
August 1, 2005... An overall strategy to fine-tune its balance sheet has prompted Starwood Hotels & Resorts Worldwide Inc. to place some of its assets on the block, including the posh Westin Horton Plaza Hotel, a high-ranking company executive has confirmed. ...

Wine Adventure starts in tough magazine market: pair producing bimonthly publication geared toward women.(Media)
August 1, 2005... At a time when more magazines are acquired or falter than rise to success, two San Diego wine lovers are braving the odds. Last week, Michele Ostrove, 50, and her life and business partner, Lucien Bonnafoux, 63, premiered Wine Adventure, a...

'Mouse effect' affecting visitor numbers locally: Anaheim and Honolulu running 1 and 2 as San Diego looks for a sustained effort.(Tourism)
August 1, 2005... Midway through the summer tourism season, San Diego's hotels were running in third place behind Anaheim and Honolulu in a comparison of occupancy rates nationwide. Tennessee-based Smith Travel Research, which tracks U.S. hotel statistics,...

Bank's shareholders take stock while acquisition nears: deal for Rancho Bernardo bank follows purchase of Cuyamaca.(Finance)
August 1, 2005... Shareholders of Rancho Bernardo Community Bank, a single-office institution with about $124 million in assets, are cheering on the rise of shares by the bank's proposed owner, Community Bancorp. As the stock of Escondido-based Community...

Ten Merrill Lynch staffers make move to RBC Dain Rauscher: lawsuit charges misappropriation of trade secrets.(Finance)
August 1, 2005... Ten former Merrill Lynch employees, including three brokers, recently moved to work for competitor RBC Dain Rauscher at its University City office, prompting a lawsuit by Merrill Lynch against its former employees. "They came over in two...

Cooling and lighting tips to help save energy.
August 1, 2005... Higher than normal temperatures have recently heightened everyone's concerns for power reliability. The increased need for electricity throughout California during the heat spell, put a strain on the electric system. While, SDG&E[R] has worked...

Gateway gains market share; seeking profits next: computer maker is advancing at the expense of HP.(High-Tech)
August 1, 2005... Irvine-based Gateway Inc. is showing signs of progress on a key plank in its turnaround strategy: selling more computers through big retailers. Thanks to sales at Best Buy, CompUSA and other big chains, Gateway's share of the PC market is...

Cymer chips in with nice surprise for analysts.(PUBLIC COMPANIES)
August 1, 2005... Operating within the volatile industry of semiconductor chip manufacturing, San Diego-based Cymer Inc. refuses to forecast how much its profits will be. But when the company, which makes specialized laser producing equipment, recently beat...

Callaway looking for a better score in 2005.(Callaway Cog Co. financial statements)(Brief Article)
August 1, 2005... Teeing Off: Carlsbad-based Callaway Cog Co. reported net income for the second quarter was $18.4 million on revenues of $323 million, compared with net income of $13.7 million on sales of $297.9 million for the same period of 2004. For the...

Downhill: K2 Inc.(PUBLIC COMPANIES)
August 1, 2005... Downhill: K2 Inc., a Carlsbad-based manufacturer of sports equipment, reported second-quarter earnings of $1.45 million on $301.4 million in revenues for its second quarter, compared with net income of $6.71 million on revenues of $251 million...

Spike In Orders: Cohu Inc.(PUBLIC COMPANIES)
August 1, 2005... Spike In Orders: Cohu Inc., which makes testing equipment used by the manufacturers of semiconductors, said new orders for the second quarter increased 60 percent from the first quarter to $71 million, the highest level since 2000. Cohu...

New financing, new auditor: American Technology Corp.(auditor change)(Brief Article)
August 1, 2005... New Financing, New Auditor: American Technology Corp., a San Diego maker of proprietary sound technology used by defense and commercial entities, said it raised $14 million in an institutional financing involving the sale of 2.8 million shares...

Making amends: Cricket Communications Inc., a wholly owned subsidiary of San Diego-based Leap Wireless International Inc., said July 25 that it amended its credit agreement.(PUBLIC COMPANIES)(Brief Article)
August 1, 2005... Making Amends: Cricket Communications Inc., a wholly owned subsidiary of San Diego-based Leap Wireless International Inc., said July 25 that it amended its credit agreement to increase its borrowing by $100 million to invest in an Alaskan...

ImageWare closes on offering: ImageWare Systems Inc.(PUBLIC COMPANIES)(Brief Article)
August 1, 2005... ImageWare Closes On Offering: ImageWare Systems Inc., a San Diego-based maker of identity management software, said it should net about $2.8 million from a private placement involving the sale of both stock and warrants. The placement was...

More losses: PriceSmart a San Diego-based operator of retail warehouse stores mostly in the Caribbean.(PUBLIC COMPANIES)(Brief Article)
August 1, 2005... More Losses: PriceSmart, a San Diego-based operator of retail warehouse stores mostly in the Caribbean, reported a net loss of $13.1 million on sales of $169.6 million for its third quarter ended May 31, compared with a net loss of $7.5 million...

Covering your assets: intellectual property law focuses on protecting clients' Valuable ideas.(Special Report: LAW)
August 1, 2005... Keeping the wolves from the door. That's what intellectual property law is all about--making sure clients are protected from the moment they dream up, invent or discover some potentially lucrative drug, gadget or gizmo, until they finally reach...

Law, Science marriage appeals to some attorneys: intellectual property lawyers must have technical know-how and sound judgment.(patent litigation business)
August 1, 2005... Intellectual property lawyers are a rare breed--professionals who not only made it through law school and passed the bar, but also managed to acquire some impressive scientific credentials. Attorneys can practice patent law as litigators...

Law firms: ranked by number of lawyers in local offices as of Jan. 1, 2005.(Illustration)
August 1, 2005... LAW FIRMS Ranked by number of lawyers in local offices as of Jan. 1, 2005 Rank Company Telephone (last Address Fax year) Web site Toll-free number...

Recipe for success: Knobbe Martens Olson & Bear Ranks as leader In Intellectual Property Law On West Coast, Projecting A Strong Future/is San Diego Biotech And Technology Industries Continue To Grow.(Company Profile)
August 1, 2005... Knobbe Martens Olson & Bear is the largest specialty intellectual properly law firm in the Western United States, and has been consistently recognized by trade groups and publications as one of the leading firms in the county, and the world....

County of San Diego in fine financial form.(Business in the North County)
August 1, 2005... It's that time of year again--elections are right around the corner. It appears that these elections in particular are more significant to the City of San Diego than a routine primary and general election. In San Diego a major overhaul is about...

County's industrial market rivals the demand from 2000.(REAL ESTATE)
August 1, 2005... Glad tidings from Burnham Real Estate. According to its second-quarter study, the San Diego County industrial market is on its way to its best year since 2000, with increasing tenant demand driving strong net absorption. "The 1.8 million...

Sunroad embarks upon 3-building class a office park in S.D. spectrum.(Sunroad Enterprises business park construction)(Brief Article)
August 1, 2005... Sunroad Also Rises: Sunroad Enterprises will begin construction in October on the first phase of Sunroad Centrum, a three-building, 1 million-square-foot Class A office park that will be built on the former General Dynamics site in Kearny Mesa....

Big buys.(Bernardo Hills sale report)(Brief Article)
August 1, 2005... Big Buys: Bernardo Hills, a 248-unit condo rental community in Rancho Bernardo, has sold for $53 million, reported CB Richard Ellis. The seller was RREEF, and the buyer, Asian Realty Group of Irvine, plans to convert the property into...

Coming to the neighborhood.(Sapphire Tower construction work)(Brief Article)
August 1, 2005... Coming To The Neighborhood: Downtown San Diego continues to percolate. Groundbreaking is scheduled in September for Austin Veum Robbins Partners' Sapphire Tower, a 30-story, 187,000-square-foot, mixed-use residential and commercial high-rise at...

Sales.(PROGRESS REPORT)(Brief Article)
August 1, 2005... Property: 10225 Austin Drive, Spring Valley. Seller: Rancho San Diego Medical Plaza, LLC. Selling agents: Jeff Abramson of Grubb & Ellis represented the buyer and Chad lafrate, Bruce Schiff and Phil Lyons of Grubb & Ellis represented the...

Leases.(real estate industry reports on office leases)(Brief Article)
August 1, 2005... Property: 10806 Willow Court, San Diego. Lessor: Z-7 Properties, Ltd. Leasing agents: Arnie Friedman, Jay Alexander, Ryan Grove and Ryan Egli of Colliers International represented the lessor and Pat Rohan of Burnham Real Estate and...

Bilbro Construction Co.(CONSTRUCTION CONTRACTS)(Brief Article)
August 1, 2005... Bilbro Construction Co. in San Diego has been awarded a contract by La Jolla Country Day School for an infrastructure and utilities upgrade to its middle school facility. Construction on the buildings, which will provide classrooms, a science...

Eastlake Co.(construction contracts)(Brief Article)
August 1, 2005... Eastlake Co. has started construction on the Eastlake Design District, a 450,000-square-foot home improvement complex featuring furniture, flooring, windowcoverings, appliance and other showrooms in one location. Slated to open in November,...

Gillespie Design Group, Inc.(CONSTRUCTION JOURNAL)(Brief Article)
August 1, 2005... Gillespie Design Group, Inc. is designing the landscape for The Lido-Rio Vista West by Concordia Homes in Mission Valley along the San Diego River. The project includes 220 three- and four-story podium condos. The Lido will include a custom...

Reno Contracting.(construction contracts)(Brief Article)
August 1, 2005... Reno Contracting of San Diego has completed construction on Ridge Park Office Center, a commercial office complex on 5.5 acres in Temecula. It consists of three buildings--a three-story-plus basement, 32,000-square-foot center structure flanked...

Web connect directory.(Directory)
August 1, 2005... Advertising Agencies/Marketing Communications Square One Advertising, Inc. www.squareoneadv.com erin@squareoneadv.com 858.716.4714 Whitelaw Marketing www.whitelawmarketing.com info@whitelawmarketing.com ...

Rocket launch.(Friday, July 22)(Northrop Grumman Corp Fire Scout aircraft )(Brief Article)
August 1, 2005... Rocket Launch: Northrop Grumman Corp. successfully test fired rockets from its Fire Scout aircraft at Yuma Proving Grounds in Arizona. The helicopter, which does not have a pilot on board, fired two 2.75-inch Mark 66 unguided rockets on...

All eyes on Titan.(Monday, July 25)
August 1, 2005... All Eyes On Titan: New York-based L-3 Communications Holdings Inc. kicked off the week by announcing private placements amounting to $1.5 billion--later raised to $1.6 billion--to help fund its acquisition of San Diego defense contractor Titan...

VCs spread joy.(venture capital funds for companies)(Brief Article)
August 1, 2005... VCs Spread Joy: Ten San Diego companies received about $252 million in venture funding during the second quarter, according to a survey released by Ernst & Young LLP and Venture One. The total funding amount and the number of companies...

Aguirre Airs plan for also-rans.(mayor elections)(Brief Article)
August 1, 2005... Aguirre Airs Plan For Also-Rans: The day after the special election to replace Mayor Dick Murphy, City Attorney Michael Aguirre called for the City Council to consider three former mayoral candidates for appointment to the beleaguered San Diego...

USD Index stays stable.(Thursday, July 28)(University of San Diego's Index of economic indicators)(Brief Article)
August 1, 2005... USD Index Stays Stable: The University of San Diego's Index of Leading Economic Indicators for San Diego County in June remained relatively unchanged from May. Gains and losses in six components that make up the index canceled one another...

Lotsa slots.(Casinos slot machines addition)(Brief Article)
August 1, 2005... Lotsa Slots: The county released the Viejas Band of Kumeyaay Indians' plans to add 45,000-square-foot addition to its casino near Alpine. Some 18,000 square feet of the two-story expansion will be devoted to gaming; Viejas plans to add 250 slot...

San Diego public stocks.(stock price indexes)(Illustration)
August 1, 2005... Index Watch Net % Index 7/16/05 7/18/05 Change Change San Diego Business Journal 1286.70 1218.30 68.40 5.61% Index Dow...

SeraCare Life Sciences, Inc.(profile)(Company Profile)
August 1, 2005... SERACARE LIFE SCIENCES, INC. NASDAQ--SRLS SeraCare Life Sciences, Inc. is a manufacturer and provider of biological products and services for diagnostic, therapeutic, drug discovery and research organizations. It is a...

Calendar.(BUSINESS EVENTS)(Calendar)
August 1, 2005... If you would like your business event that costs less than $75 to attend included in the calendar section, make sure your press release arrives at our offices at least 15 working days before the event. Send requests to: Calendar Attn:...

Amazon.com has announced that it has inducted Ken Blanchard, a San Diego-based author and management consultant, into the Amazon Hall of Fame for being a top 25 all-time best-selling author.(AWARDS & RECOGNITION)
August 1, 2005... Amazon.com has announced that it has inducted Ken Blanchard, a San Diego-based author and management consultant, into the Amazon Hall of Fame for being a top 25 all-time best-selling author. Blanchard is the author or co-author of more than 30...

American National Investments, Inc.(BANKING AND FINANCE)(Scan Germon appointed as principal)(Jennifer Viane Riese appointed as director)(Brief Article)
August 1, 2005... American National Investments, Inc. has hired Scan Germon as principal and Jennifer Viane Riese as director of marketing and business development. Germon comes from National City Mortgage and brings more than 14 years in originating residential...

Courtney-Ford Design.(Jennifer Toomey appointed as vice president)(Donna Rowley appointed as vice presient)(Jim Wight appointed as manager)(Brief Article)
August 1, 2005... Jennifer Toomey has been named vice president of merchandising at Courtney-Ford Design. Toomey joined the firm in 1996, and most recently served as a project manager. In her new position, she will oversee the management of design, staff and...

Southwestern College.(Fusako Yokotobi appointed as vice president)(Barry Dragon appointed as superintendent of Escondido Union High School District)(Brief Article)
August 1, 2005... Fusako Yokotobi has been appointed the new vice president of human resources for Southwestern College. Before being appointed, Yokotobi was vice chancellor of human resources for the California Community Colleges Chancellor's Office. Barry...

Centre City Development Corp.(Robert McNeely, Gina Champion-Cain and Fredric Maas appointed to boards of directors)(Brief Article)
August 1, 2005... Robert McNeely, Gina Champion-Cain and Fredric Maas were appointed to the Centre City Development Corp. board of directors by then-Mayor Dick Murphy and the San Diego City Council to three-year terms. McNeely is a senior vice president and...

Grande Colonial Hotel and Nine-Ten Restaurant.(Mandy Blackford appointed as human resource manager)(Sharlene Thompson appointed as sales manager)(Brief Article)
August 1, 2005... Mandy Blackford has been appointed to human resources manager and Sharlene Thompson has been appointed to catering sales manager of Grande Colonial Hotel and Nine-Ten Restaurant. Blackford will oversee all personnel functions for the property's...

Latham & Watkins LLP .(law firms appointments)(Brief Article)
August 1, 2005... Latham & Watkins LLP has announced that Stephen E Swinton is joining the firm as a partner in the litigation department. Swinton comes from Cooley Godward LLP, where he chaired the intellectual property litigation practice. His practice...

Bailey Gardiner Inc.(Jessica Gimber appointed as account executive)(Mario Cabading appointed as production manager)(Brief Article)
August 1, 2005... Bailey Gardiner Inc. has announced the hire of Jessica Gimber as an advertising account executive and Mario Cabading as production manager for its creative design team. Gimber has more than four years of industry experience and will oversee a...

Partnership With Industry.(Mark Berger appointed as president)(Brief Article)
August 1, 2005... Mark Berger has been named president and chief executive officer of Partnership With Industry. Berger formerly was principal of Mark I. Berger & Associates. "His expertise in management and board development are unparalleled and we are looking...

Colliers International.(real estate industry appointments)(Brief Article)
August 1, 2005... Stephen M. Willmore has joined Colliers International as a senior associate. Before joining Colliers, Willmore held executive management positions, including president of Meracor Management Corp. He is a member of the International Council of...

Philanthropy.(Sharp HealthCare Foundation campaign donation)(Brief Article)
August 1, 2005... The Sharp HealthCare Foundation has received a $5 million gift from the Helen K. and James S. Copley Foundation for the Campaign for Sharp HealthCare. The gift is the largest made to the campaign.

Brian T. Galligan.(Kilroy Realty Corp vice president appointed)(Brief Article)
August 1, 2005... Kilroy Realty Corp. has named Brian T. Galligan the vice president of asset management for the San Diego region. He will be responsible for overseeing the day-to-day operations of Kilroy Realty's San Diego properties. Galligan has 18 years of...

Spotlight: PCF Group.(Small Business management)
August 1, 2005... Whether it's building architectural replicas of classical civilizations, giant medallions depicting ancient warriors or oversized teapots, dog bowls and jukeboxes, Scott J. Buckley says his company does it all. Buckley, partner and vice...

Coaching employees is a varied responsibility.(Human resource management)
August 1, 2005... Question: I seem to have difficulty coaching the very different employees who work for me. Is there some kind of magic coaching formula? Answer: Sometimes, your employees fit into one of these four broad types: * The Smart...

Michael S. Gallegos.(Executive Profile)
August 1, 2005... Michael S. Gallegos says he got his start in the hospitality industry as a "hotel brat" doing chores such as counting change and refilling a stamp machine to help his mother, Pat Davis, who was the controller for La Fonda Hotel in Santa Fe,...

Questions about a story.(Letters)(Letter to the Editor)
August 1, 2005... Editor: There are several issues about your story "Questions Surrounding S.D. Financial Planning Firm" (San Diego Business Journal, July 18) that require clarification. The article quotes a source unassociated with Debtco--who claims...

Grandstanding on eminent domain issue in Encinitas.(Letters)(Letter to the Editor)
August 1, 2005... Editor: Leucadians read the San Diego Business Journal's July 25 article on eminent domain with more insight than your general readership. The article points out that (Encinitas City Councilman) Jerome Stocks was at the head of the...

Armstrong's heroism a story with a moral for all.(Opinion)
August 1, 2005... When Lance Armstrong rode through Paris a week ago, crowning his unprecedented seventh consecutive victory in the grueling Tour de France, he put an exclamation mark on what is more than merely an extraordinary athletic career. By this...

China's booming economy.(VIEWPOINT)(Illustration)
August 1, 2005... China's BOOMING economy Some indicators that show China's rapid economic growth: GDP In billions '80 $266 '85 $306 '90 $388 '95 $706 '00 $1,072 '04 $1,649 Trade volume In billions ...

West takes stock in China's latest currency policy.
August 1, 2005... The Chinese government's dramatic decision to reform its currency policy offers tremendous meaning to virtually every American. For starters, it offers a measure of reassurance (to use a ludicrously far-fetched if topical analogy) that the...

Chula Vista event center plan draws fire: competition may hamper S.D.'s convention business.(San Diego)
August 8, 2005... San Diego Unified Port District officials, eager to bring tourism dollars to Chula Vista, are jumping at the chance to make a deal with a Nashville, Tenn.-based developer interested in building a multimillion-dollar hotel and conference center...

L-3 brings home the Titans: with its deal complete, top exec, new ship come to San Diego.(L-3 Communications Corp.)
August 8, 2005... Among the things L-3 Communications acquired in its $2.6 billion purchase of San Diego's Titan Corp.--on top of Titan's order book, its contracts to provide various goods and services to the Pentagon, and roughly 5,000 employees with high-level...

Class A finds home in 'burbs: land costs are lower, demand is growing.
August 8, 2005... San Diego's office market has long been a pot of alphabet soup--with a selection of Class A, B and C buildings dotting the county. But lately, the traditional recipe has been gradually changing to meet the demands of an evolving market. ...

SDSU's biz college enters golden era.(San Diego State University College of Business Administration)
August 8, 2005... As the first accredited business school in the California State University system, the San Diego State University College of Business Administration set a precedent of success from the start. The 2005-06 school year marks the 50th...

Corporate travelers drive business at small airports: rentals at airstrips a growing niche for large agencies.(Transportation)
August 8, 2005... Five years ago, American companies weren't too concerned about spending a mound of cash on a last-minute plane ticket across the country, a luxury rental car and a five-star hotel. Now that companies struggle with financial reality, strict...

CAFTA's passing: more symbolic than substance: Central American Free Trade Agreement not likely to have major impact on regional economy.(Government)
August 8, 2005... For all the passion the Central American trade debate generated in Washington, D.C., it hasn't created much buzz in Southern California. After intense deal making among Republicans, representatives last month passed the Central American...

Unisys planning to close Rancho Bernardo facility: some employees to get jobs in Mission Viejo.(Workplace)
August 8, 2005... Unisys Corp. stands to boost its Orange County operations for the first time in years in a consolidation of its San Diego County unit. The Blue Bell, Pa.-based technology consulting company and maker of high-end servers is set to shutter a...

Northrop Grumman office revs up its Raptor: Air Force eyes 180 more jets at $130m Apiece.(HIGH-TECH)
August 8, 2005... Four fires, four kills. Not too shabby for a first-time flier. While most people might think driving the world's most advanced fighter jet is a task better left to the professionals, this particular reporter found the F/A-22 Raptor to be...

Cohns give $2.5m makeover to Harbor Island Restaurant.(HOSPITALITY)(Cohn Restaurant Group)
August 8, 2005... The vast, nearly empty parking lot al the new Island Prime and C Level Lounge tempted me to do a doughnut when I drove over to take a peek a couple of weeks ago, before the restaurant opened. It's hard to believe it's just a short distance...

Spicy pickle makes its move to S. California.(HOSPITALITY)(Southern California)(Brief Article)
August 8, 2005... Spice It Up: Mark and Linda Bailow, who moved to San Diego from Denver a little more than a year ago, have imported a business from their former residence. The couple announced the opening of California's first Spicy Pickle restaurant...

Las Americas reports brisk business with stores.
August 8, 2005... Since the Shops at Las Americas, the outlet center in San Ysidro just north of the Mexican border, opened its 180,000-square foot expansion in May, some stores reported sale jumps of more than 15 percent by June, according to the center's...

Three local malls losing Robinsons-May stores.(RETAIL)(stores closing)(Federated Department Stores Inc. acquires May Department Stores Co)(Brief Article)
August 8, 2005... Department Store Demise: Three local Robinsons-May stores will close as the result of a pending acquisition of Robinsons-May's parent, May Department Stores Co., by the Federated Department Stores Inc., which runs Macy's. The acquisition,...

Numbers appear strong through first half of year.(FINANCE)(banks)
August 8, 2005... Through the halfway point of 2005, profits at most local commercial banks are sing along with the size of their loan portfolios, but growth alone doesn't always ensure expanding profits. For savings banks that are mostly making home loans,...

Fred Baranowski leaves United Way for Southwest Community Bank.(FINANCE)(Brief Article)
August 8, 2005... Baranowski Joins Southwest Bank: Fred Baranowski, who left the banking industry to head up the Downtown San Diego Partnership, a neighborhood advocacy group, and later, United Way of San Diego County, has come full circle, taking. a job at...

Accredited profits up 15 percent.(FINANCE)(Accredited Home Lenders Holding Co.)(Brief Article)
August 8, 2005... Accredited Profits Up 15 Percent: Accredited Home Lenders Holding Co., a San Diego-based company specializing in sub-prime home loans, reported net income of $39.6 million for the second quarter, up 15 percent from the comparable period of...

Regents profits and assets rise.(FINANCE)(Regents Bank)(Brief Article)
August 8, 2005... Regents Profits And Assets Rise: La Jolla-based Regents Bank reported net income for the six months of $630,000, up 24.5 percent from the first half of 2004. As of June 30, total assets were $180 million, up 22 percent from the like period of...

Firm's urban-style unit regroups as sales slow: seller of clothes inspired by musicians faces more competition.(Retail)(Pacific Sunwear of California Inc.)
August 8, 2005... D.e.m.o. has helped drive strong gains at teen apparel retailer Pacific Sunwear of California Inc. But lately the urban-style clothing unit is showing its age. All eyes now are on Lou Ann Bett, a veteran of Limited Brands Inc., who...

Major media paying big bucks to reach youths: News Corp., Viacom spend hundreds of millions to buy two popular social Web sites.(Marketing)(MySpace.com and NeoPetscom)
August 8, 2005... Do you know where your children are? The major media conglomerates are looking for them--and they're willing to shell out big bucks. Recent deals by News Corp. and Viacom Inc. for two popular social Web sites --MySpace.com and...

Connect sets out on new path.(structure change)(David Hale promoted)(Brief Article)
August 8, 2005... A group that helps technology and life science entrepreneurs build their businesses has decided to amicably cut its 20-year-old ties to the local university that started it all. Representatives for Connect, an internationally recognized...