The Business Journal (Serving Greater Tampa Bay) articles from January 1990

The Business Journal (Serving Greater Tampa Bay) archives from January 1990

Barnett Banks Inc. (earnings)
January 28, 1990... Barnett Banks Inc., Jacksonville: approved a quarterly dividend payment of $0.30 per share on Barnett common stock. A regular quarterly dividend of $0.625 also was declared on the company's Series B preferred stock. The dividends are payable...

NCNB Corp. (earnings)
January 28, 1990... NCNB Corp., Charlotte, NC: net income for 1989 of $447.1 million ($4.62 per share) compared to $252.5 million ($2.90) for 1988.

First Wachovia Corp. (earnings)
January 28, 1990... First Wachovia Corp., Winston-Salem, North Carolina: fourth quarter (ended Dec. 31) income of $69 million ($0.98 per share) compared to $62.1 million ($0.88) for the fourth quarter 1988.

Concept Inc. (earnings)
January 28, 1990... Concept Inc., Largo: income for quarter ended Dec. 2 of $1.6 million ($0.12 per share), compared to $1.3 million ($0.11 per share) for the same quarter of 1988.

Raymond James Financial Inc. (earnings)
January 28, 1990... Raymond James Financial Inc., St. Petersburg: earnings for 1989, $226 million ($2.22 per share), compared to $170 million ($1.06) for 1988.

The Terrace Bank of Florida. (earnings)
January 28, 1990... The Terrace Bank of Florida, Temple Terrace: earnings for 1989 of $43,681 ($0.14) per share, compared to a net loss of $198,241 ($0.63 per share loss) for 1988.

Southeast Banking Corp. (earnings)
January 28, 1990... Southeast Banking Corp., Miami: earnings for 1989 of $80.5 million ($2.34 per share), compared to $75.3 million ($2.26 per share) in 1988.

SouthTrust Corp. (earnings)
January 28, 1990... SouthTrust Corp., Birmingham, AL: declared a quarterly dividend of $.26 per share. The dividend is payable April 2 to shareholders of record at the close of business Feb. 23.

All play, no work for Bay Area Idle Club. (Tampa organization for unemployed)
January 28, 1990... All Play, No Work For Bay Area Idle Club How could getting fired be a cause to celebrate? It's the perfect excuse if you're a member of the Idle Club, a collection of out-of-work Bay Area executives and managers with a light-hearted...

State official praises St. Pete revitalization. (Thomas G. Pellham; St. Petersburg, Florida)
January 28, 1990... State Official Praises St. Pete Revitalization The City of St. Petersburg has already taken some positive steps toward revitalization and is poised for increased development and growth in the future, says Thomas G. Pelham, secretary of the...

Historic mansion moved for luxury office space. (Tampa; Biglow-Helms House)
January 28, 1990... Historic Mansion Moved For Luxury Office Space Tampa Mayor Sandy Freedman has attended ribbon-cuttings and ground-breaking ceremonies as part of her duties, but she never attended a house-moving. That was until Jan. 19 when about 80...

Eastern Europe beckons only the brave. (international trade) (column)
January 28, 1990... Eastern Europe Beckons Only The Brave The Iron Curtain is down if not completely out. Freedom is breaking out all over in Eastern Europe. Changes east of the Oder River are taking place so fast, it's almost impossible to keep track of them....

U.S trade rep urges area leaders to increase exporting ventures. (George Martinez; Tampa Bay Area)
January 28, 1990... U.S. Trade Rep Urges Area Leaders To Increase Exporting Ventures If George Martinez is right, exporting may be more than an opportunity for additional sales and profits for Bay Area manufacturers. For some, it may be a matter of survival....

Changes vital to make the grade, educators say. (Tampa Bay Area private schools)
January 28, 1990... Changes Vital To Make The Grade, Educators Say At a time when business is unifying to reform and support an ineffective education system, independent schools are looking inward to reflect on their own role as providers of a service that is...

Funding Florida: a taxing situation; USF economist says growth rate sliding. (Joseph DeSalvo)
January 21, 1990... Funding Florida: A Taxing Situation Florida's population growth rate will decline in the 1990s from its previous high in the 1980s, but it will continue to be higher than the rest of the United States, says University of South Florida...

Low rates could slow area economy. (tax rates; Florida)
January 21, 1990... Low Rates Could Slow Area Economy The fact that Florida is a low-tax state both helps and hurts those who would recruit new industry to the Sunshine State. The good news is Florida looks terrific when compared to states with tax rates...

Computer system lets handicapped speak out. (Home Automation Link system)
January 21, 1990... Computer System Lets Handicapped Speak Out When Becky French, 39, watches the Wheel of Fortune game show on television, she sometimes mistakenly thinks the word `tango' when she means the letter "t" or `alpha' for "a." The military...

City redevelopment puts beauty in eyes of investors. (Lakeland, Florida)
January 21, 1990... City Redevelopment Puts Beauty In Eyes Of Investors The Lakeland Downtown Development Authority is wasting no time implementing major recommendations in a recently completed redevelopment master plan for downtown Lakeland. The plan was...

Balloon Palace sold. (to KTL Truck Lines)
January 21, 1990... Ball Palace sold Balloon Palace sold: Jim Grant, owner of Knockers Restaurant on Ulmerton Road in Largo and Helena Gourmet Products Inc., distributor of Knockers bottled buffalo wing sauce, has announced the sale of the Balloon Palace...

High position. (Jerry Williams of Williams Securities Group Inc. is elected to board of National Association of Securities Dealers)
January 21, 1990... High position: Jerry Williams High position: Jerry Williams, chairman of Williams Securities Group Inc. of Tampa, has been elected to the 31-member board of governors of the National Association of Securities Dealers Inc. for a 3-year term...

Hospitals thriving on population boom: special care facilities, satellite centers characterize Pinellas health care market. (Pinellas County, Florida)
January 21, 1990... Hospitals Thriving On Population Boom The shrinking medical-care reimbursement for the elderly population has put Pinellas County's hospitals on the hunt for patients who can pay full price. Looking for new sources of revenue means...

Software enables blind to listen to computers. (Job Access With Speech)
January 21, 1990... Software Enables Blind To Listen To Computers Although Andoria Fernandez, a medical record transcriber for Camelot Care Center in Seminole, is blind, she is able to operate a computer as well as a person with sight. With the help of a...

Community banks thrive despite super-regionals' success. (Florida)
January 21, 1990... Community Banks Thrive Despite Super-regionals' Success The 80s may have been the decade of big banks, with multistate super-regionals and some Florida bank holding companies gaining dramatically in size, but small community banks have also...

Size of assets not indicative of strength, bankers say.
January 21, 1990... Size of Assets Not Indicative Of Strength, Bankers Say Of the 10 largest banks in the world, measured by assets, eight are Japanese. Only one, Citicorp, is American. You have to go all the way to No. 36 on the 1989 Institutional...

Milton Roy Co. (proxy report excerpts) (company profile)
January 21, 1990... MILTON ROY CO. Milton Roy Co., St. Petersburg, is a manufacturer and marketer of instruments and systems for metering, analyzing and controlling liquids and gasses. In 1988 the company acquired Liquid Metronics Inc. to solidify its position...

Florida bar taps Tampa attorney president-elect. (Benjamin H. Hill III)
January 14, 1990... Florida Bar Taps Tampa Attorney President-Elect Tampa attorney Benjamin H. Hill III, partner in the firm of Hill, Ward and Henderson, has been selected president-elect of the Florida Bar. Hill, a former president of the Hillsborough...

Five area leaders named to business Hall of Fame. (Tampa Bay Business Hall of Fame)
January 14, 1990... Five Area Leaders Named To Business Hall Of Fame Three noted business pioneers and two prominent contemporary leaders are the newest members of the Tampa Bay Business Hall of Fame. They are: Maud Cody Fowler, dubbed "Queen of the Real...

Engineering a merger. (H.J. Ross division of Baymont Engineering Co. purchased by group of investors including Robert L. Bailey)
January 14, 1990... Engineering a merger: The H.J. Ross division of Baymont Engineering Co., Clearwater, has been purchased by a group of investors, including Robert L. Bailey who was named president of H.J. Ross Associates.

Community hospitals chasing Tampa's 'fat cats.' (part 1)
January 14, 1990... Community Hospitals Chasing Tampa's `Fat Cats' Faced with constricting sources of revenue, smaller hospitals in Tampa are changing competitive strategies--either putting a fresh gloss on what's familiar and traditional or digging into a new...

Human resource consulting. (Communication Mediation Inc.) (Business in the Making)
January 14, 1990... Human resource consulting: Barbara Ann Blue has formed Communication Mediation Inc., a consulting firm specializing in human resource development and training and mediation services at 324 S. Hyde Park Ave., Suite 350, Tampa.

Title insurance. (TitleTrust Inc.) (Business in the Making)
January 14, 1990... Title insurance: Title Trust Inc., a title insurance firm, has opened an office at 14401 N. 56th St., Temple Terrace.

Supplier acquired. (Sun Bay Group acquired Pentameric Corp.)
January 14, 1990... Supplier acquired: Sun Bay Group, Tampa, has acquired Pentameric Corp., a national supplier of Du Pont Hypalon single-ply roofing systems. In a recently completed agreement Sun Bay Group, a multi-company building products group with annual...

HMOs out of critical condition. (Florida health maintenance organizations)
January 7, 1990... HMO's Out Of Critical Condition Healthy economic indicators have turned up in a once-ailing industry. For the first time in the short history of Florida's health maintenance organizations, financial performance has climbed out of the...

Renewed cable regulation could curb area rates. (Tampa Bay Area)
January 7, 1990... Renewed Cable Regulation Could Curb Area Rates Local cable franchise managers are concerned about some issues that could negatively affect their industry and foster heavier competition. These issues include proposed legislation that...

Foreign investment. (in Florida) (table only - no full text) (illustration)
January 7, 1990... Foreign Investment Total Capital Invested On Florida's West Coast (Property, Plant and Equipment, Before Depreciation) Pinellas Hillsborough Polk Manatee Saraso ta Total Canada...

Business tax proposal draws jeers.
January 7, 1990... Business Tax Proposal Draws Jeers Florida corporations could have to pay almost $400 million a year in additional corporate income tax so the state could buy environmentally sensitive lands if a proposal now being considering by the House...

Invention walls in home pest control problem. (Environmental Safety-Systems Inc.) (company profile)
January 7, 1990... Invention Walls In Home Pest Control Problem The idea of pest control usually brings to mind images of exterminators spraying pesticides into the cracks and crevices of homes. But Orlando-based Environmental Safety-Systems Inc. wants to...

Firm's service gives inside scoop on stocks. (Invest/Net) (company profile)
January 7, 1990... Firm's Service Gives Inside Scoop On Stocks Insider trading it's called, and investors can use the information to help them make investment decisions. Insider trading is buying and selling of a company's stock by its officers. It's not...

Survey shows area grabs 40% of Florida's foreign firms. (west coast area) (related chart on page 1)
January 7, 1990... Survey Shows Area Grabs 40% Of Florida's Foreign Firms Ninety-seven foreign-owned firms representing 24 countries are headquartered in Florida, according to a survey by KPMG Peat Marwick. Almost 40% of these firms are located in...

Zephyrhills company filled with liquid assets. (Zephyrhills, Florida; Zephyrhills Corp.) (company profile)
January 7, 1990... Zephyrhills Company Filled With Liquid Assets Bottled-water consumption has increased 300% since 1980, and according to Sharron Dillard, regional marketing manager for Zephyrhills Corp., "We look for it to double over the next 10 years."...

First Florida Banks Inc. (no full text - table only) (directory)
January 7, 1990... FIRST FLORIDA BANKS INC. First Florida Banks Inc., Tampa, is a bank holding company comprised of two banks--First Florida Banks NA and First Florida Bank of Orange County NA--with 148 offices and one nonbanking subsidiary. Offices are...