South Florida Business Journal articles from October 1995

South Florida Business Journal archives from October 1995

Sano Corp. plans IPO. (initial public offering)
October 6, 1995... MIRAMAR - A group of former Noven Pharmaceuticals and IVAX Corp. executives who formed their own drug development company three years ago will tackle some pretty stiff competition when the company goes public and starts marketing its products....

Amex targets South Florida. (American Express Co.)
October 6, 1995... Whether you need plumbing supplies, a cigar or a dozen eggs, American Express wants you to charge it. While you can't use your green or gold card to buy a cab ride or baseball cap outside the stadium, American Express said the card can be used...

Shareholders sue to stop TPI merger. (TPI Enterprises Inc.)
October 6, 1995... PALM BEACH GARDENS - Two shareholders have filed suit against TPI Enterprises Inc. and Shoney's Inc. of Nashville, Tenn., to stop a planned merger between the two companies. Last month, Shoney's said it had signed a letter of intent to acquire...

Koons Ford - moving?
October 20, 1995... Dealer eyeing Pembroke Pines location PEMBROKE PINES - The owner of one of South Florida's largest car dealerships paid $6.5 million for 23 acres in Pembroke Pines and plans to move his business there - if he can get zoning approval. Jim...

IVAX deal creates mega-Rx company. (merger of IVAX Corp. and Hafslund Nycomed Pharma AG)
October 20, 1995... MIAMI - The global health care market just got a whole lot more competitive this week with the announced merger of Miami-based IVAX Corp. and Norway-based Hafalund Nycomed Corp. The $6.5 billion dollar deal brings together the world leader in...

Carnival plans merger with Mercury Air. (Carnival Airlines Inc.; Mercury Air Group Inc.)
October 20, 1995... FORT LAUDERDALE - In a deal valued at about $50 million, Carnival Air Lines has signed a letter of intent to merge with Los Angeles-based Mercury Air Group Inc. Mercury, a provider of petroleum products, cargo and aviation services, plans to...

Mr. Pottery changes gears.
October 20, 1995... DANIA - Twenty-four years ago, when Lanny Altshuler opened his first housewares store in North Miami, no one had ever heard of a category killer. These days, Altshuler's Mr. Pottery chain is up against everyone from Burdines and...

Tisch on new hotel, service and state of the industry. (Jonathan Tisch)(Hospitality Quarterly)(Interview)
October 20, 1995... In the fall of 1997, the City of Miami Beach will get its first new convention hotel in nearly 30 years - and Dade County will get its largest hotel since the 1,200-room Fontainebleau Hilton opened in 1954. Heading the $135 million project is...

Happy days are here for again for Dycom. (Dycom Industries Inc.)
October 20, 1995... Profits return after consecutive years of losses WEST PALM BEACH - After four consecutive years of losses, Dycom Industries Inc. has posted a profit, and its stock price has nearly quadrupled since January. The telecommunications company is...

A fast-food approach to computers. (COMPrehend)
October 20, 1995... New franchise firm launched HOLLYWOOD - Mark Miller and Dean Snow started MacInstitute five years ago, helping clients learn how to maximize their Apple Macintosh computers, adding repair and consulting services along the way. Now called...

Post Edge racks up 19 new clients.
October 20, 1995... MIAMI BEACH - Post Edge Inc., a South Florida production company recently acquired by New York-based International Post Limited, has been raking in the business, winning 19 new clients in the past four weeks. New clients for the studio - which...

ProxyMed gaining ground with on-line prescriptions. (ProxyMed Pharmacy Inc.)
October 20, 1995... DAVIE - Now that it has some 1,000 doctors throughout Florida sending prescriptions to pharmacies via computer, ProxyMed Inc. wants to add managed care and physician practice management organizations to its list of clients. The Davie-based...

SEC files complaint vs. Met Capital.
October 20, 1995... A Boca Raton company didn't live up to its end of some bargains and filed misleading reports, according to a complaint filed by the Securities and Exchange Commission. Met Capital Corp., whose principal asset is an interest in a trust that...

SunBank money unit chief plans to sell at local level. (James R. Wood, president of SunBank Capital Management)(Interview)
October 20, 1995... James R. Wood is the new president and chief operating officer of SunBank Capital Management, the Orlando-based money management unit of SunTrust Banks Inc. It's a company he's pretty familiar with, having helped launch the unit 10 years ago as a...

Film company expanding. (Venture Productions)
October 20, 1995... MIAMI - After two years of planning, Venture Productions will launch a multi-million dollar expansion to include new facilities five times its current size, beefed-up crews and equipment and a new programming division. The new space, at 1000...