Shares in beleaguered Spanish Broadcasting System Inc. again closed below the required $1 threshold Thursday, a week after Nasdaq warned the company to boost its share price or be delisted.
Claims from Tropical Storm Fay keep rolling in for the top five insurers in Florida, with a total so far at 13,795 homeowners claims, 2,127 auto claims and 1,063 flood insurance claims. Flood claims are paid through the National Flood Insurance Program.
AGRICULTURE
The raucous honking of a cistern truck carrying potable water rouses residents from their homes here each morning, clanging plastic bottles and tin pots in hand.
RETAIL CRIME
When law enforcement officials raided a Sunrise warehouse in 2005, they found millions of dollars worth of stolen Crest Whitestrips, Tylenol, Rogaine, razor blades and Senekot. That was just the beginning.
BANKING
Shares of BankUnited Financial Corp., the Coral Gables-based lender ordered by regulators to raise money or lose its ''well-capitalized'' status, fell 19 percent after Stifel Nicolaus & Co. said it may be unable to survive.
SAVINGS AND LOANS
U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.
PHARMACEUTICALS
When most patients go to the pharmacy to fill a new prescription, they don't think twice about turning over the note from their doctor. After all, how much could the scrawled writing on that tiny slip be worth?
AIRLINES
The Federal Aviation Administration said that most flights around the country were back to normal Wednesday, after a software malfunction delayed hundreds of flights on Tuesday.
Rates on workers compensation insurance are set to drop 14.1 percent statewide next year, making it the sixth consecutive annual decline in these rates in Florida.
Heico's ( HEI) third-quarter profit rose 18 percent to $12.8 million, or 47 cents per share, from $10.9 million, or 40 cents per share in the same period last year. Revenue grew 11 percent to $147.3 million. The aviation services firm, which has headquarters in Miami and Hollywood, said its flight support and electronic technologies groups reported record sales for the quarter.
Miami-based Trivest Partners has acquired ATX Networks, an Ontario-based designer and manufacturer of equipment for cable operators.
A Goldman Sachs analyst said Office Depot (ODP) will likely continue to face pressure amid a ''stiff'' macroeconomic environment that may cut into sales.
Rising costs and declining business took its toll on Benihana (BNHN) during the first quarter. The Miami-based Japanese restaurant chain earned $2.2 million or 12 cents per share, down from $4.2 million or 25 cents per share in the same period last year.
THE ECONOMY
State consumer confidence improved significantly in August, according to a University of Florida report released Tuesday. The monthly index jumped six points to 67, from a revised 61 in July. The August number also was up eight points from June's 59, which was the lowest reading in the survey's 25-year history.
Ever sit through a meeting and have no idea what happened? With increasing distractions, most of us struggle throughout the day to stay in the present.
MORTGAGE CRISIS
Thanks to the housing slump, professional couple Gladys and Raul Castillo finally found homes they could afford -- new condo units in foreclosure within walking and biking distance of their jobs in Miami's Brickell financial district.
FRAGRANCES
Shares of Fort Lauderdale-based Parlux Fragrance rose 4 percent Tuesday, hitting a new 52-week high, after an analyst upgraded the company's shares to ''Buy'' from ''Hold,'' based on strong demand for a new Jessica Simpson perfume.
HOME EQUITY
After a rash of consumer complaints, the federal agency charged with regulating savings and loan institutions issued guidance Tuesday warning lenders they could not arbitrarily change the terms of home equity loans.
MORTGAGES
While federal housing administrators continue hammering out details of a massive housing recovery package passed earlier this summer, local professionals are preparing for the tide of benefits the measure is expected to bring to South Florida, one of nation's worst hit housing markets.
Southwest Airlines (LUV), the largest low-fare carrier, will cut its schedule by 190 flights nationwide, or about 6 percent, because of lower travel demand.
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