Strong results in its aviation and marine units boosted World Fuel Services' (INT) profits 7 percent to $15.8 million, or 55 cents per share. The company beat analysts' estimates. Revenue at the Miami-based seller of fuel products increased to $4.5 billion from $2.7 billion.
Pediatrix (PDX), the Sunrise company offering neonatal and other healthcare services, reported increases in revenue and profit, but its stock fell because the company said it might not meet a previous profit forecasts.
Winn-Dixie is trying to make it easier for customers to spend their federal economic stimulus checks. The Jacksonville-based grocery chain will cash the checks for customers and is offering advertised specials under a ''Stretch Your Check'' program. The grocer will feature special offers each week, starting with a $5 off coupon in the May 14 advertising circular.
Office Depot's (ODP) board of directors was reelected unanimously last month, but compensation committee members lacked support from a significant group of shareholders.
The Federal Aviation Administration is investigating an incident onboard an American Airlines flight from Dallas to Paris, in which a Miami-based captain continued flying after crew members heard what they believed to be an explosion in the cargo hold shortly after take-off.
Americans rank last in a new National Geographic-sponsored survey released Wednesday that compares environmental consumption habits in 14 countries.
FOOD PRODUCTION
Earth, we have a problem. Humans are consuming fish faster than the oceans can replenish them. Scientists, who warn that overfishing could destroy the world's fish stock in the next 40 years, are seeking more commercially viable ways to increase fish production.
INSURANCE
A Gulf Coast-backed effort to add wind coverage to the National Flood Insurance Program was soundly defeated Wednesday in the Senate amid concerns that it would be too expensive.
FILM INDUSTRY
A golden age of South Florida moviemaking is upon us, but experts don't expect it to last much longer. In fact, they give it about seven more weeks.
AIRLINE INDUSTRY
Nearly 30 percent of domestic flights were late or canceled in March, more bad news for an industry plagued with safety concerns and buckling under record fuel costs.
Florida home builder WCI Communities ( WCI) reported its sixth consecutive loss as orders plunged. First-quarter net loss widened to $84.1 million, or $2 a share, from $15.8 million, or 38 cents, a year earlier. Sales slid 59 percent to $137.1 million.
Grants from Enterprise Florida to promote international business include $150,000 to the Beacon Council and $100,000 to the Miami-based Florida Foreign Trade Association.
Global Crossing has relocated a data center from Fort Lauderdale to a larger facility in Miami, a move the company says will help it accommodate growing demand for U.S. customers interested in connectivity with Latin America.
Improved expenses and operating efficiencies lifted Miami-based Continucare's ( CNU) third-quarter profit to $3.7 million, or 5 cents per share, from $1.8 million, or 2 cents per share in 2007. Revenue grew 9 percent to $65.9 million at the provider of primary care outpatient services.
Southwest Airlines will launch a daily nonstop flight between Fort Lauderdale and Denver beginning Aug 4. The airline also is adding service from Denver to other cities, including New Orleans.
OPKO Health ( OPK), a Miami company developing drugs for the eye, has acquired Vidus Ocular, a privately held company developing Aquashunt, an implantable shunt to treat glaucoma.
Fort Lauderdale-based Ener1 has been approved for listing on the American Stock Exchange. Its new symbol is HEV. Ener1 is developing lithium ion batteries for hybrid and electric vehicles.
Clearwire and Sprint Nextel said Wednesday they will combine their wireless broadband units to create a $14.55 billion communications company.
Chairman Brad Weiser said Tuesday that the restaurant will be closing at the end of the month. Known for its artist's loft design and tapas menu, Tango opened in February 1991 as one of CocoWalk's original tenants.
Grand Theft Auto IV, the latest version of Take-Two Interactive Software's gangland video game, generated a record $500 million in sales during its first week in stores.
Previous
