Verenium Corp. (Nasdaq: VRNM), a developer of high-performance industrial enzyme solutions, announced the closing of the sale of its cellulosic biofuels business to BP Biofuels North America for $98.3 million, subject to the additional financial terms of the transaction announced on July 15.
Officials for the Metropolitan Transit System and the Argentinean Province of Mendoza finalized the sale of 11 San Diego Trolley U-2 model light rail transit vehicles (LRVs) for $3.3 million.
Mad Catz Interactive Inc. (AMEX/TSX: MCZ), a third-party interactive entertainment accessory provider, announced that Chief Financial Officer Stewart Halpern has resigned his position to pursue other interests. Halpern will act in a transition role through Sept. 30.
Heading into Labor Day weekend, Southland travelers will be able to fill their tanks for under $3 a gallon at an increasing number of stations as fuel prices continue to drop for the third straight week, according to the Automobile Club of Southern California's Weekend Gas Watch.
Global Greensteam LLC, a subsidiary of Global Green Solutions Inc. (OTC: GGRN) said the company plans to build a biomass-to-steam power plant at Aera Energy LLC’s Belridge oilfield near Bakersfield, Calif.
Orexigen Therapeutics Inc. (Nasdaq: OREX) has entered into an exclusive partnership with Osaka-based Takeda Pharmaceutical Company Limited to develop and commercialize Orexigen's investigational obesity drug, Contrave, in the U.S., Canada and Mexico.
BofI Holding Inc. (Nasdaq: BOFI), the parent of Bank of Internet USA, announced the hiring of Tom Constantine as executive vice president, chief credit officer and chief regulatory affairs officer; and Adriaan van Zyl as executive vice president and chief operating officer for the Bank.
September 3, 2010, 5 p.m. -- San Diego's web video news: Today's breaking major business events, economic, and financial announcements from The Daily Transcript/San Diego Source newsroom.
Sept. 3, 2010 -- Executive Editor George Chamberlin speaks with Lynn Reaser, chief economist for Point Loma Nazarene University, about some hot-button issues in the economy.
After going through the 1987 stock market crash, the banking crisis in the early '90s, the junk-bond crash, then the Sept. 11 terrorist attacks -- and let's not forget 2009, which delivered the worst stock market decline since the Great Depression -- I've experienced a lot when it comes to investing client's money.
Banking & Finance is a one-stop shop for The Daily Transcript's news on the local economy, market conditions, capital and funding issues, and investment concerns.
