by The Editors on May 3, 2008
Self-help goddess Louise Hay, 81, is one of the best-selling women writers in history and her publishing company Hay House Publishing is based in Carlsbad.
The New York Times is featuring a comprehensive profile on the woman who is responsible for a self-improvement empire that works with some of the biggest names in the business.
Today the company turns out books, CDs, calendars and card decks by many of the titans of the large world that booksellers are now calling “Mind/Body/Spirit,” a category that includes the literature of psychics/intuitives, angel therapy, positive thinking, New Thought, water therapy and motivational speaking. Wayne Dyer, Suze Orman, Deepak Chopra, Marianne Williamson, Sylvia Browne and Doreen Virtue are all Hay House clients. Last year, Hay House — which is owned jointly by Louise Hay and the company president, Reid Tracy, 45 — sold 6.3 million products, taking in $100 million, 8 percent of which was profit.
Selling solutions to those who hunger for help sounds like a great market, huh? Click the link for the rest of the Hay House story.
[Link: New York Times]
by The Editors on May 3, 2008
Carlsbad’s Callaway Golf announced their financial results for the quarter ending March 31, 2008 and they say it’s a record quarter for net sales. Up 10% over last year at this time.
We are pleased with our results for the first quarter,” commented George Fellows, President and CEO. “The improvements made in our product development process and supply chain have positively contributed to our ability to achieve record first quarter sales.”
Unfortunately, we missed the conference call.
[Link: Businesswire]
by The Editors on May 1, 2008
Days after giving our favorite Carlsbad-based life sciences company a completely uninformed “buy” rating, Invitrogen’s board of directors announces that the stock is going to split.
The stock split will be distributed May 27 to shareholders of record as of May 16. . . .Shares of Invitrogen (nasdaq: IVGN – news – people ) rose 51 cents to $94.08 in after-hours electronic trading, after falling 35 cents to close at $93.57 in the regular trading session.
We may wait until after the split to see where the stock settles out.
[Link: Forbes.com]
by The Editors on April 30, 2008
Hard to believe it’s already been six months since the last Carlsbad Street Faire, but don’t kid yourself. Time flies.
On Sunday, May 4, 2008 expect to see the streets of Carlsbadistan shut down so traveling QVC salespeople can clutter our Village with push-up tents filled with junk of all shapes and sizes. Get out early and load up. And don’t forget the beer garden. Because it’s usually the safest place to stand in the whole faire. Plus, in the beer garden you won’t have to worry about tripping over any neon coyote doorstops with macramé tails.
by The Editors on April 29, 2008
Nothing makes us feel worse about what our country is doing in Iraq than seeing America’s valiant, courageous young servicemen and women coming home missing limbs.
Yesterday, at Carlsbad’s TaylorMade Golf headquarters three young amputees were treated like PGA pros. They received complete sets of golf clubs and swing training with the world renowned golf coach Jim Flick, according to a story in the San Diego Union-Tribune.
This day was dubbed “Operation: Game On!” by Tony Perez, the San Diegan who had the idea for the project. Perez, the president of the local Pin Pals golf program for underprivileged youth, is a Vietnam veteran who wanted to do something special for wounded military personnel.
Thanks, Tony and TaylorMade for setting such a great example for all of us.
[Link: San Diego Union-Tribune]
by The Editors on April 29, 2008
Our favorite life sciences company, Carlsbad’s Invitrogen, just announced that its first quarter profits have doubled since the first quarter of 2007. Looks like CEO Greg Lucier is worth every penny of his package.
Analysts have attributed this encouraging bottom line to improved profit margins, share buybacks and lower taxes. So much so that the Carlsbad, California-based company did better than the $334.5m in revenue analysts had been predicting. . . . Looking ahead to full-year 2008, the company said that revenue growth was expected, ‘in percentage terms to be in the high single digits.’ This is up from a previous forecast for mid-single-digit growth.
If we knew anything about the stock market we’d probably give Invitrogen a strong buy rating.
[Link: Lab Technologist]
by The Editors on April 27, 2008
Last week The Carlsbad Village Improvement Partnership asked the City for $500,000 spread out over three years so they can “revitalize the city’s downtown core,” according to a story in the San Diego Union-Tribune.
Frank Hutchins, a corporate banker and president of the partnership, asked the council Tuesday night for “seed money” to get it established – $200,000 in each of the first two years and $100,000 in the third year. . . . Councilmen Matt Hall and Mark Packard sat out the discussion because they own property downtown.
That means only three people have to agree. If some of the money goes toward more closing antique stores, we’re all for it.
[Link: San Diego Union-Tribune]
by The Editors on April 16, 2008
In the April 16, 2008 edition of the Los Angeles Times, Peter MacLaggan, Senior Vice President of Poseidon Resources Corp., (the company that hopes to put in “the largest and most technologically advanced [desalination plant] in the Western Hemisphere”) in our lagoon has written an Op-ed piece titled From Sea To Tap, as a response to Mindy McIntyre’s Op-Ed of April 10, 2008 titled The SUV of Water.
California’s water supply system is based largely on pumping water from environmentally sensitive watersheds in Northern California and the Colorado River over hundreds of miles to Southern California through an elaborate and costly network of dams, canals and reservoirs. But proven desalination technology now allows us to produce higher-quality water along the coast, where the majority of the state’s population resides, at a comparable cost and without damaging the environmentally sensitive upstream habitats.
No matter what you think about the Carlsbad desalination factory, both of these opinions are good reading.
[Link: LA Times]
by The Editors on April 14, 2008
Steven Russolilo of the Dow Jones Newswires checks in with Callaway Golf. Will the company’s “relatively wealthy customers” save it from the perils of a tanking golf market?
The consumer wasn’t super strong last year, yet Callaway couldn’t keep its $499 driver in stock because there was such high demand for it,” said Bill Chappell, an analyst at SunTrust Robinson Humphrey Inc. Callaway’s 2007 net sales rose 10 percent, to a record $1.12 billion. . . . Despite Callaway’s growth drivers, its sales could take a hit as consumers struggle with rising gas prices and paying their mortgages. . . . It’s very easy for a consumer to say they have enough golf clubs sitting in their garage that they may realize they don’t need a new set of Callaways,” said John Shanley, an analyst at Susquehanna Financial Group.
While reading this story we were reminded that market analysts are professional guessers. But yet, we all seem to care what they have to say when it comes to business. Why is that?
[Link: Chicago Tribune]
by The Editors on April 10, 2008
Photo Therapeutics Inc., a Carlsbad-based company that claims to be the world leader in light therapy has teamed up with ETS Tan, an Indianapolis-based company to create “the first indoor tanning bed that features FDA-cleared, clinically proven light therapy technology to reduce fine lines and wrinkles and rejuvenate skin in the face and neck areas,” according to a press release.
The Rejuvasun with Omnilux is a commercial-grade spa bed that now features FDA-cleared, medically proven light therapy panels. Consumers have the option to experience full-body tanning and light therapy sessions for the face and neck areas simultaneously, tanning sessions alone or light therapy sessions alone.
Now if they could just merge this whole contraption with a computer monitor then we could sit here typing all day getting tanner and younger looking by the minute.
[Link: Inside Indiana Business]
Self-help goddess Louise Hay, 81, is one of the best-selling women writers in history and her publishing company Hay House Publishing is based in Carlsbad. 
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