The Business Journal (Serving Greater Tampa Bay) articles from January 1996

The Business Journal (Serving Greater Tampa Bay) archives from January 1996

Morton Plant Foundation head resigns. (Russell Raker)
January 12, 1996... The Morton Plant Foundation and its CEO, Russell Raker, have parted ways barely a year after appointing him to the job. Raker, who took over at the $27 million foundation in the fall of 1994, said that his departure was not prompted by any...

Medical kit maker puts together rapid growth. (Maxxim Medical Inc.)
January 12, 1996... Long-haired chairman plays a winning tune Ken Davidson, a self-described "child of the '60s," runs a big business now. But he still dreams about a rock 'n' roll lifestyle. "The reality is, if I could have done anything in life, I would...

Lincare Holdings. (Proxy Report Excerpts)(Company Profile)
January 12, 1996... (LNCR, Nasdaq) 19337 U.S. 19 N., Suite 500, Clearwater 34624 (813) 530-7700 Lincare provides oxygen and other respiratory therapy services to patients at their homes. Third quarter profits were up 23 percent compared to third quarter 1994....

Eckerd battles Blue Cross co-pay. (Eckerd Corp. urging customers to transfer from Blue Cross Blue Shield Medicare to new health schemes)
January 5, 1996... At stake: Millions in managed care contracts Eckerd Corp., finding itself stung by managed care, has sent out notices to thousands of its customers in 13 states urging them to switch from Blue Cross Blue Shield Medicare coverage to new health...

Busch Gardens, hotel firms talk. (negotiation for hotel construction in theme park)
January 5, 1996... Busch Gardens has been quietly meeting with hotel companies in recent months to explore building a major hotel in the theme park. The meetings, which have been held in Tampa and at the invitation of Busch Gardens' management, are viewed as a...

An energized TECO may give workers 10% bonus. (Tampa Electric Co.)
January 5, 1996... Tampa Electric Co.'s 2,700 employees stand to receive a hefty reward to start the new year - a performance-based bonus of up to 10 percent of their annual salaries, or about $12 million in all. It would be the largest payout to Tampa Electric...

Polk bank, 2 others to merge, go public. (First Commerce Banks of Florida Inc.; First Mercantile National Bank; Prime Bank of Central Florida)
January 5, 1996... Three independent Florida banks, including First Commerce Banks of Florida Inc. in Winter Haven, are merging to create a holding company with assets of $278 million and are setting their sights on a public stock offering. First Mercantile...

Sports & Recreation Inc. (proxy report excerpts)(Company Profile)
January 5, 1996... Sports & Recreation Inc. is a specialty retailer of name-brand sporting equipment and athletic footwear and apparel. It operates 74 superstores in 27 states. Rapid growth was blamed for the 80 percent drop in profits, to $551,000 for the 1995...