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News

    By
  • Business Observer Staff
  • November 22, 2011
Chico's earnings miss mark

The retailer earned $26 million in net income, but investors expected more.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 22, 2011
TIA connects to 2nd Cuban city

ABC Charters offers non-stop flights to Holguin, starting this morning.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • November 21, 2011
Sarasota Oct. home sales up 20%

Home sales rose 20% over the year, and condo sales increased by 10%.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • November 21, 2011
Florida banks raise $208M

A new report summarizes capital raises for Florida banks through Nov. 13.

  • News
    By
  • Business Observer Staff
  • November 21, 2011
Tech Data sales up 7% to $6.6B

The Clearwater technology distributor posted gains in every major metric.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • November 21, 2011
Naples firm breaks from NAFH

Two investment advisers leave a Naples mega-bank to run their own business.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 21, 2011
Holiday party? Skip the mistletoe

This holiday season could be less jolly for some business leaders. That is if they don't heed the advice on company holiday parties Alva Cross preaches.

  • News
    By
  • Business Observer Staff
  • November 18, 2011
Kentucky investor buys hotels for $5 million

An investment group led by majority shareholder Phil Greer of Lexington, Ky., purchased two adjacent Port Charlotte select services hotels for $5 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 18, 2011
Focus Hospitality Group buys DeSoto Village

La Jolla, Calif.-based Focus Hospitality Group purchased the 92-unit DeSoto Village Apartments for $4.65 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • November 18, 2011
Darden Restaurants buys land for new town center Olive Garden

Orlando-based restaurant group Darden Restaurants Inc. purchased 1.99 acres of vacant commercial land on Alico Road near Gulf Coast Town Center for $1.4 million.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • November 18, 2011
DRI proposed in Manatee County for Parrish Lakes mixed-use project

Bradenton farmer Claude Melli has filed a development of regional impact proposal for a large-scale development project on his 1,155-acre property in northern Manatee County.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • November 18, 2011
Arizona investment trust buys two local Popeye's

Scottsdale, Ariz.-based STORE Capital purchased Popeye's Chicken & Biscuits buildings in Sarasota and Bradenton for a total of $2.3 million.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • November 18, 2011
National hotel joint venture buys Crowne Plaza Tampa East

A joint venture of Interstate Hotels & Resorts, Waramaug Hospitality LLC, and Värde Partners purchased the 265-room Crowne Plaza Tampa East hotel for $10.15 million.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • November 18, 2011
Integritas Assets buys note to Palma Sur Apartments

Integritas Assets LLC, the St. Petersburg-based multifamily investor, purchased the note and mortgage covering the 48-unit Palma Sur Apartments in Tampa.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • November 18, 2011
Unemployment down to 10.3%

The state's jobless rate fell 0.3 percentage points over the month.

  • Tampa Bay-Lakeland
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