BIG Leasing Corp. of San Diego and...

BIG Leasing Corp. of San Diego and Casinelli Financial Inc., a financial planning company based in Leucadia, have merged to form BIG Financial Ltd.

Hidden Valley National Bank reported that net income for the second quarter ended June 30 grew 173% to $151,907, compared to the same period a year earlier.

Escondido National Bank reported that net income for the second quarter ended June 30 grew 42% to $200,710, compared with the same period a year earlier.

The Fashion Valley J.C. Penney store is the first of the chain’s San Diego County stores to undergo a major modernization program that will include an extensive remodeling and expansion of sales space and merchandise.

Solar Turbines and Asea Stal AB of Sweden agreed to cooperate on a worldwide basis in the packaging, distribution and servicing of certain industrial gas turbine units.