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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
Horizon hangs on, chief sees better

Charlie Conoley, a veteran Gulf Coast community banker at the helm of Bradenton-based Horizon Bank, has had better weeks than the one that began Nov. 17.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
Tweeting isn't free, but still useful

If you own a business, you must know by now: you've just got to be on Twitter! It's free advertising, right?

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
And now playing, the health care dodge

Lee Memorial Health System President Jim Nathan doesn't usually avoid tough questions.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
October Gulf Coast Employment

Economic Snapshot: Every area of the Gulf Coast reported larger percentage declines in year-over-year employment in October than the state (-4.4%) except for Punta Gorda, the smallest metro area.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
The news is brought to you by ...

A new online business and news magazine for parts of the Gulf Coast has a group of financial backers that is raising eyebrows: At least 10 local governments and public-private organizations supported by business and individual taxes.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
GM, Tampa and corporate PR

The Tampa Bay market has a prominent place in General Motors' latest marketing strategy — a city-by-city, grassroots campaign to improve the company's tattered image.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
Better luck next time

Bank of Florida, the three-bank holding company in Naples, was forced to postpone a plan to raise at least $71 million after investors shunned its stock offering (symbol: BOFL).

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
Company seizes opportunity

Homeowners associations are well-documented victims of the recession: Across Florida, HOA boards and developer-owned communities are in dire cost-cutting modes, as the amount of homeowners left to pay dues shrinks with every foreclosure.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
Add FDIC Friday to the holiday calendar

Betting on which Gulf Coast bank is going to fail next has become a grim sport for bankers.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
Minnesota bank enters Fort Myers

Minnesota-based Central Bank grew out of the last recession when Naples part-time resident John Morrison acquired the struggling bank with the help of regulators in 1988.

  • News
  • For Subscribers Only
    By
  • Mark Gordon
  • November 25, 2009
Workout World

A pair of commercial real estate veterans has formed a business born of the recession, to help banks and landlords navigate the miserable market. It could be a big business.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 25, 2009
Technology group ushers in changes

A four-year-old support organization for technology executives and entrepreneurs in Sarasota and Bradenton is getting a new name and a new partner.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 24, 2009
First Financial Network selling $190-million in loans

An undisclosed Florida bank is looking to unload a lot of its Gulf Coast mortgage risk.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 23, 2009
Did jobs actually increase or decrease?

Most published versions of Florida's latest unemployment numbers will quote 8,500 as the number of jobs “lost” from September 2009 to October 2009. However, 20,800 more individuals were working in October than in September.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • November 20, 2009
Sunnyridge Farms buys Plant City warehouse

Winter Haven-based Sunnyridge Farms purchased a 51,000-square-foot warehouse building with refrigerated storage on Jim Johnson Road north of Roberts Ranch Road for $2.9 million.

  • Tampa Bay-Lakeland
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