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Finance

  • For Subscribers Only
  • By Business Observer Staff
  • April 9, 2009
Gulf Coast Money Manager Performance

The charts on this page show the performance of Gulf Coast-based money managers and the accounts they run, through Dec. 31.

  • Finance
  • For Subscribers Only
  • By Mark Gordon
  • April 9, 2009
A Second Chance

The banking industry shakeout is underway. Former top executives of once high-flying banks are seeking — and finding — new jobs.

  • Strategies
  • For Subscribers Only
  • By Jean Gruss
  • February 26, 2009
Solutions for Land

Randy Thibaut and Ron Inge helped homebuilders gobble up land when they rushed into Lee County during the housing boom. Now, they're helping banks that are acquiring distressed projects.

  • Commercial Real Estate
  • For Subscribers Only
  • By Mark Gordon
  • January 23, 2009
Buyback Bondoggle

Repurchasing a $500,000 loan from the government sounds simple enough. It isn't, as three prominent Gulf Coast businessmen learned firsthand.

  • Florida
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • By Business Observer Staff
  • December 4, 2008
Financial Statements

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

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

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

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

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

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

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

  • Finance
  • For Subscribers Only
  • 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
  • For Subscribers Only
  • 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
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