Florida Business

Marquis Who's Who Celebrates Gustavo Chaparro-Baquero for Professional Excellence

14 12 2017

    MIAMI, FL, December 14, 2017 -- Dr. Gustavo Chaparro-Baquero has been included in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.Dr. Chaparro-Baquero has served as a research assistant with Florida International University since 2012, as well as a lecturer in the Department of Electrical and Computer Engineering since 2011. Prior to joining FIU, he was an assistant professor with the Universidad del Turabo from 2006 to 2011, as well as a researcher for the school's Puerto Rico Energy Center in 2010, and a research assistant for the University of Puerto Rico Mayaguez Campus College of Engineering from 2004 to 2006. He worked with Hewlett Packard Enterprise Development LP in Palo Alto, CA as a researcher in 2004....

United® Real Estate Introduces Sixteen New Franchises to Their Network

14 12 2017

Dallas, TX, December 14, 2017 -- United® Real Estate, a fast-growing real estate and franchise organization, welcomes sixteen new offices to its growing national network. The United model provides franchise owners with territory rights and real estate agents with a full-service competitive solution including the latest training, marketing, technology and access to a national referral network.The following have affiliated with United Real Estate in their respected markets:United Real Estate | Aiken – Located in Aiken, South Carolina, and owned by Brenda and Patrick DalyUnited Real Estate | Central PA – Located in Harrisburg, Pennsylvania, and owned by Sean KieffUnited Real Estate | Chapel Hill – Located in Chapel Hill, North Carolina, and owned by Tristan PanUnited Real Estate | Charleston – Located in Charleston, South Carolina, and owned by Winston Velpula and Al HeathUnited Real Estate | Cleveland – Located in Cleveland, Ohio, and owned by Cherryl SparlingUnited Real Estate...

Davidson Realty to Sponsor Professional Networking Event on December 20 Featuring Live Music, Local Vendors

14 12 2017

Davidson Realty's monthly professional networking event on Wednesday, December 20, will feature numerous business vendors, complimentary food and live music. Jacksonville Beach, FL, December 14, 2017 -- Davidson Realty's monthly professional networking event will be held on Wednesday, December 20, at Southern Swells Brewing Company in Jacksonville Beach. The event, which regularly attracts more than 100 local professionals, will feature numerous business vendors, complimentary food and live music.Bank of England Mortgage will sponsor appetizers. Beginning at 6 p.m., Landmark Title will provide a complimentary glass of beer or wine to the first 62 attendees. Happy hour prices will be provided by Southern Swells all evening.Speakers and introductions will begin at 6:30 p.m. The event will feature product and service offerings from Gypset & Pearl Boutique, Rethreaded, Jax Surf & Paddle, Grumpshine Candles, Couture Jems, Gumbinger Woodwork & Design, Aja Brown with Plexus...

Have Holiday Plans, Will Travel: Record-Breaking 107 Million Americans to Celebrate Holidays Away From Home

14 12 2017

ORLANDO, Fla., Dec. 14, 2017 -- 'Tis the season to traditionally spend with family and friends and this year Americans are traveling in record numbers. AAA forecasts 107.3 million Americans will take to planes, trains, automobiles and other modes of transportation during the year-end holiday period from Saturday, Dec. 23 through Monday, Jan. 1. This will be the highest year-end travel volume on record and a 3.1 percent increase in travel volume compared with last year. 2017 marks the ninth consecutive year of rising year-end holiday travel. Since 2005, total year-end holiday travel volume has grown by 21.6 million, an increase of more than 25 percent. "More expensive gas prices are not swaying holiday revelers to stay home," said Bill Sutherland, AAA senior vice president, Travel and Publishing. "In fact, across the board this year, travel has increased year-over-year for every major holiday weekend – Memorial Day, Independence Day, Thanksgiving – and we project the same...

Comerica Bank Raises Prime Rate

13 12 2017

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Landstar Announces Increase to Stock Purchase Program and Special Dividend

13 12 2017

JACKSONVILLE, Fla., Dec. 13, 2017 -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 11, 2017, its Board of Directors increased the number of shares of its common stock that the Company is authorized to purchase under its stock purchase program to 3,000,000. The increase to the share purchase program reflects a new authorization to purchase 1,964,875 shares of Landstar System common stock in addition to the remaining capacity under the existing authorization to purchase 1,036,125 shares.The Company also announced that its Board has declared a special one-time cash dividend in the amount of $1.50 per share, payable on January 26, 2018, to stockholders of record as of the close of business on January 12, 2018. “Landstar believes its financial strength enables us to continue to return value to our stockholders through a significant...

Toll Brothers Announces Cash Dividend

13 12 2017

HORSHAM, Pa., Dec. 13, 2017 -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today announced that its Board of Directors has approved a quarterly cash dividend to shareholders.  The dividend of $0.08 per share will be paid on January 26, 2018 to shareholders of record on the close of business on January 12, 2018. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/814fb041-e889-497b-a7cb-e52b3259227aToll Brothers, Inc., A FORTUNE 500 Company, is the nation's leading builder of luxury homes. The Company began business fifty years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves move-up, empty-nester, active-adult, and second-home buyers and operates in 20 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Maryland,...

John Turner Named President of Regions Bank and Regions Financial Corp.

13 12 2017

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corporation (NYSE:RF) announced today that John M. Turner Jr. has been named President of Regions Bank and Regions Financial Corporation, its bank holding company. Turner, 56, is a Senior Executive Vice President, a member of the bank’s Executive Council, and head of Regions’ Corporate Banking Group, which serves small businesses as well as middle market and corporate firms, and provides capital markets services and real estate banking. He is also responsible for corporate strategic planning and will remain head of the Corporate Banking Group. He joined Regions in 2011. “John’s promotion is an example of Regions’ talent management process, which ensures that the company develops its executives to assume greater responsibility and provides continuity of management,” Hall said. Grayson Hall, 60, was named President of Regions in 2009 and remains Chairman and Chief Executive Officer. Hall became Chief Executive Officer in...

EastGroup Properties Announces Recent Investment And Financing Activities

13 12 2017

RIDGELAND, Miss., Dec. 13, 2017 -- EastGroup Properties (NYSE: EGP) announced today its recent investment and financing activities.  On December 12, 2017, EastGroup acquired Gwinnett Progress Center in Atlanta for $29.2 million.  The property includes four newly completed distribution buildings totaling 392,000 square feet and an additional 10.5 acres for future development of an 85,000 square foot building.    Marshall Loeb, President and CEO, stated, "We are pleased to announce the acquisition of Gwinnett Progress Center in Northeast Atlanta. We are excited about the opportunity to acquire the 17% leased, state of the art buildings in an off market, value add transaction. This acquisition raises our Atlanta portfolio to over 700,000 square feet with two adjacent development sites which upon development will raise the total to over 900,000 square feet." Also, the Company closed $60 million of senior unsecured private placement notes with an insurance company;...

RedHawk Initiates Plan to Eliminate Debt

13 12 2017

LAFAYETTE, La., Dec. 13, 2017 -- RedHawk Holdings Corp. (OTCQB:IDNG) (“RedHawk” or the “Company”) announced today that it has received a favorable order from the Circuit Court of the Twelfth Judicial Circuit Court in the State of Florida (Case No. 2017 CA 5554) granting the Company approval of a settlement transaction (the “Transaction”) for RedHawk to issue up to $117,000 of its common stock (“Issued Shares”) in full satisfaction of up to $153,000 of 3rd party trade obligations and broker fees. The Issued Shares are exempt from registration pursuant to Section 3(a)(10) of the Securities Act of 1933, as amended, and will be issued at a 35% discount to market, as defined.Simultaneous with announcing the Transaction, RedHawk said it has entered into a common stock purchase and sale agreement (the “Purchase and Sale Agreement”) with Beechwood Properties, LLC (“Beechwood”) who beneficially owns approximately 60% of the Company’s outstanding common stock. Mr. G. Darcy...

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