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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • November 2, 2009
Foley & Lardner survey finds local IPO, M&A interest

The mood for public offerings and mergers and acquisitions is improving, according to an annual survey by Foley & Lardner LLP, an international business law firm.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
TECO avoids pains of regulatory lag

TECO Energy's third-quarter earnings show signs of positive change, as most key metrics have improved over the past nine months.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Franklin Property buys Verizon 56th Street building

Franklin Property & Development Group LLC purchased a 57,347-square-foot, two-story office building at the northwest corner of 56th Street and Serena Drive for $2.6 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Berth 12 dredging work starts at Port Manatee

Construction has started on the first phase of Port Manatee's Berth 12 dredging project.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Bogey's Restaurant, Sports Pub buys original, Venice building

Albert Myara's Bogey's of Venice Holdings LLC purchased the 4,692-square-foot Bogey's Restaurant & Sports Pub building at the southwest corner of Venice Avenue and Florida 45 for $850,000.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
CVS Pharmacy buys land for third Immokalee Road store

Woonsocket, R.I.-based drug store company CVS Pharmacy purchased several acres at the corner of Immokalee Road and Randall Boulevard for $2.5 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Economic Snapshot: Cash from Clunkers

The jump in auto sales in almost every area of the Gulf Coast in August shows consumers took advantage of the government's “cash for clunkers” program. However, the benefits were uneven.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
This just in: Customers matter

The state agency that gives and takes away licensees to do business in a litany of professions, from real estate to cosmetology, has a message to its own employees: You work for your customers (read: Florida citizens).

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Foreclosures falling: Has foreclosure fever broken?

Recent data suggest that the worst of the residential foreclosure crisis has passed, especially in some of the hardest-hit areas of the Gulf Coast.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Politicians not shy about criticizing Amendment 4

When the subject of Amendment 4, the so-called “Hometown Democracy” amendment to the state constitution, came up for discussion during the Oct. 23 South County Tiger Bay Club meeting in Venice, two of the state legislators in attendance gladly weighed in.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Architecture firm is hiring again

Mike Bryant isn't as bold as to say his Bradenton-based architecture firm is going on a hiring binge, not with the supposed collapse of the entire planning and design industry hanging over his head.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Real estate entrepreneur seeks to dump conduct code

Tom Mullins' $1.5 million real estate appraisal business was already being bludgeoned to death by the recession. But the last thing Mullins expected was the federal government to come in and play Grim Reaper.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Banks get honest with balance sheets

Scanning banking industry headlines can be a downright depressing task for some. But there's something to be said for letting the market fix itself.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Strings attached to hopeful promises

In the shadow of growing fears of more commercial loan foreclosures in coming months the Obama administration wants community banks of up to $1 billion in assets to increase commercial lending.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 30, 2009
Century Bank hits another hurdle

Sarasota-based Century Bank has been dealt another blow in its yearlong battle to survive the recession.

  • News
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