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Finance

  • By Business Observer Staff
  • January 23, 2009
Victims or Culpable

Once Art Nadel is apprehended and answers questions about themoney, investors will focus next on the other partners: What did they know?

  • Finance
  • By Business Observer Staff
  • January 15, 2009
Middle Market

A pair of Northeast transplants is trying to put fun and family into retail banking on the Gulf Coast. So much for bankers' hours.

  • Finance
  • By Jean Gruss
  • December 4, 2008
Public Challenge

Investors flocked to publicly traded banks during the recent boom. But they've punished the banking sector in the downturn, pushing down stock prices to multi-year lows. 

  • Finance
  • By Business Observer Staff
  • December 4, 2008
Financial Statements

View Financial Statements from Teco Energy Inc and First State Financial Corp.

  • Finance
  • By Business Observer Staff
  • November 28, 2008
Financial Statements

View Financial Statements from GepPharma Inc. and Superior Uniform Group Inc.

  • Finance
  • By Business Observer Staff
  • November 20, 2008
Financial Statements

View Financial Statements from Walter Industries Inc. and PGT Inc.

  • Finance
  • By Business Observer Staff
  • November 20, 2008
Gulf Coast Week

Pinellas home constructionTo promote more single-family home construction, Pinellas County has been buying commercial properties and rezoning them to attract builders.SRI breaks groundSRI International recently broke ground on its new maritime research and development facility at the Port of St. Petersburg's Bayboro Harbor Marine Science district. AMD opensAdvanced Medical Disposal Inc. recently opened operations in Largo serving healthcare, chemical and pharmaceutical companies throughout the Tampa Bay region.Next up: BaltimoreA week after officially losing the Boston Red Sox spring training sweepstakes, some Sarasota County officials and tourism executives are switching focus to a rival of the Red Sox: the Baltimore Orioles.PL plans rate cutFlorida Power & Light filed proposals with the Florida Public Service Commission that would lower the typical residential customer bill in 2009 by 1.4%.Direct Air's new serviceDirect Air, a low-cost carrier based in Myrtle Beach, S.C., plans to start nonstop service from Charlotte County Airport in Punta Gorda to Worcester, Mass.; Kalamazoo, Mich.; Toledo, Ohio; Allentown, Penn.; Niagara Falls, N.Y., Plattsburgh, N.Y., and Myrtle Beach on Nov. 22.Pepper Ranch conservedCollier County plans to buy Pepper Ranch in eastern Collier County for $33.3 million. The land measures 2,512 acres.Proscenium moves alongThe Proscenium, a supersized mixed-use project for an underdev

  • Finance
  • By Business Observer Staff
  • November 14, 2008
Gulf Coast Week

Council, TECO at oddsThe Tampa City Council recently rejected a 25-year franchise agreement proposal offered by Tampa Electric Co., asking the utility to bury its power lines and adopt more environmentally friendly policies.Beckner vs. sprawlThe Gulf Coast construction industry will be keeping an eye on Kevin Beckner, who recently defeated conservative incumbent Brian Blair for a seat on the Hillsborough County Commission, running on a platform of limiting sprawl, protecting the environment and building mass transit.Developer pleads guilty One of the biggest mortgage fraud cases ever on the Gulf Coast saw its first guilty plea recently when onetime developer Michael A. Tringali admitted to his role in the scheme. Pappas resurfaces The Selby Foundation, one of the most well known charitable groups in Greater Sarasota, has chosen a new leader, one almost as well known as the organization.Lee visitors declineThe number of visitors who traveled to Lee County in September dropped 21% to 262,439, compared with the same month a year ago, according to Davidson Peterson Associates.Lely canal widenedCollier Enterprises and Collier County government have widened the Lely Main Canal from 50 feet to 125 feet.

  • Finance
  • By Business Observer Staff
  • November 14, 2008
Financial Statements

View Financial Statements from Roper Industries Inc. and Lincare Holdings Inc.

  • Finance
  • By Business Observer Staff
  • November 6, 2008
Gulf Coast Week

Developments approvedWater restrictions addedSox stay putPermits remain lowRoad project finishedProject moves alongCompany to make cuts

  • Finance
  • By Business Observer Staff
  • October 30, 2008
Gulf Coast Week

Alaka'i expandsAlaka'i Consulting & Engineering Inc., a Largo-based defense contractor that makes bomb-detection devices, has moved from a Pinellas County business incubator to a new facility in Largo that will allow it to expand.Gymboree closesA Tampa Bay area franchisee of Gymboree Play & Music centers, who sought protection from creditors in U.S. Bankruptcy Court in March, has closed some of its Bay area locations.Another Indigo HotelA joint-venture partnership of Seaboard Hotel Associates LLC, Tampa-based BayStar Hotel Group and St. Petersburg-based Ballast Point Group plans to begin construction later this year on a 168-room Hotel Indigo in downtown Tampa's Channelside District.Bed tax for BoSoxLee County is considering diverting 20% of the taxes it collects on tourist accommodations to pay for a new stadium and training facility for the Boston Red Sox baseball team.Visitor count dropsThe number of visitors to Collier County in September declined 12.9% to 57,700 compared with one year ago, according to consulting firm Research Data Services.Airport traffic dropsThe number of passengers who traveled through Southwest Florida International Airport in Fort Myers in September dropped 15% to 328,000 compared with the same month a year ago.Airport traffic decreasesTotal passenger traffic through Sarasota-Bradenton International Airport dipped almost 7% in September, but the drop wasn't as steep as officials thought

  • Finance
  • By Business Observer Staff
  • October 30, 2008
Financial Statements

View Financial Statements from Source Interlink Cos. Inc. and Jabil Circuit Inc.

  • Finance
  • By Business Observer Staff
  • October 23, 2008
Gulf Coast Week

Farmer's market opensWorkers and visitors tiring of the same sandwich, or looking to do shopping in downtown Tampa, will be able to visit the outdoor farmer's market, which begins Friday, Oct. 24, and will run every Friday from 10 a.m. to 2 p.m. in Lykes Gaslight Square in downtown Tampa.Road work speeds upBusinesses should benefit from some speeded up road projects in Hillsborough County, among 179 that Gov. Charlie Crist is accelerating to help Florida's economy.Bond market uncertaintyConcerns over global credit have affected the bond market, and that is delaying some development and infrastructure projects in the Tampa Bay area.Bond market uncertaintyConcerns over global credit have affected the bond market, and that is delaying some development and infrastructure projects in the Tampa Bay area.Convention center suffersAdd the Manatee Convention Center to the list of businesses and entities that reported a financial slowdown during the past fiscal year.Banker pleads guiltyPhilip Coon, a former executive vice president with what was Coast Bank, plead guilty to fraud and money laundering charges in criminal accusations that officials say indirectly led to the Bradenton-based bank's demise. Developer funds schoolsBonita Bay Group, a Bonita Springs-based developer, recently gave nine public schools in Collier, Hendry and Lee counties more than $62,500 for innovative programs that enhance the curriculum.Napl

  • Finance
  • By Business Observer Staff
  • October 16, 2008
Gulf Coast Week

Utilities lower costsTwo Gulf Coast utilities lowered their fuel cost estimates and, as a result, readjusted their projected 2009 prices for electricity.Veto power toutedBackers of an elected Hillsborough County mayor failed to get the measure on the November ballot. But they did succeed in getting something related to it before voters.Getting energy from wasteIn what may be a first on the Gulf Coast and for Florida, Tampa is meeting with seven companies who may build a waste-to-energy plant for the city.Tourism taxes riseOne bright spot in an otherwise gloomy economic setting in Manatee County continues to be tourism.Red Sox talks ... continueSarasota County and the City of Sarasota sent out a press release Tuesday morning announcing they had ended negotiations with the Boston Red Sox to lure the team's spring training complex to Sarasota. Naples gets big conferenceThe 2009 Florida Venture Capital Conference will be held in Naples from Feb. 3-4. Collier tourism increasesThe number of Collier County tourists increased 2.1% in August, according to Research Data Services, a Tampa-based research firm reported for the Marco Island, Everglades Convention and Visitors Bureau.Hodges University growsHodges University, a private Naples-based university, reported its enrollment surge 13% to 2,163 students, the first time the school has exceeded 2,000 students.

  • Finance
  • By Business Observer Staff
  • October 16, 2008
Financial Statements

View Financial Statements from Miva Inc. and Geo Pharma Inc.

  • Finance
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