General Industry News
May 07, 2012 Economic Uncertainty Triggers More Caution Among Mid-size Companies- Executives of mid-size companies have become more cautious about the US
economy – a sentiment that is reflected in hiring and expansion
strategies and plans to invest in technology, according to new research.
May 07, 2012 Corporate Boards Concerned About Reputational Risk- Apart from financial risk, 66 percent of corporate board members
identified reputational risk as their primary concern, according to a
survey of 190 board directors by accounting firm EisnerAmper.
May 04, 2012 Progress Energy Says Plan to Fix Nuclear Plant Coming Soon- Progress Energy plans to release by the end of the month its engineering
proposal to repair the Crystal River nuclear plant. But the utility
cannot yet answer a far bigger question: Where will it get the $1.3
billion to actually fix the facility?
May 04, 2012 Employee Leasing Companies Can Elect to Report and Pay Unemployment Tax Using The Tax Rate for Each Client - Recent law changes allow employee leasing companies (ELC) to make an
irrevocable, one-time election to report and pay unemployment tax
contributions using the tax identification number and contribution rate
for each client company of the ELC...
May 01, 2012 Young Farmers Learn Life Lesson: Look Out for Cattle Rustlers- This year's auction raised a record-setting $688,549.15 that was to be
distributed to the 4-H and FFA members this week. Once the checks
arrive, the youngsters are expected to pay their feed suppliers first,
then use the balance of the money...
April 30, 2012 New Reporting Requirements for Private Employers Contracting With Governmental or Nonprofit Educational Institutions - Beginning with unemployment reports due on or after July 1, 2012, a
recent law change requires that private employers with a contract to
provide services to a governmental or nonprofit educational institution
must separately identify the wages...
April 26, 2012 FPL Parent's Profit Up 72 Percent- Florida Power & Light Co. and its parent company, NextEra Energy,
each saw profits increase for the quarter ended March 31, the Juno
Beach-based companies said Wednesday.
April 24, 2012 Economic Indicators for Florida's Big Bend Region- Leon County aims to emerge from the recession by leveraging the area's
strength in higher education to recruit businesses and launch startups,
says Beth Kirkland, executive director of the Economic Development
Council for Tallahassee/Leon County.
April 23, 2012 How Gas Prices Are Still Slamming Small Business- Like most Americans, Susan Zappa says
$4-a-gallon gas is weighing heavily on her finances. Aside from the
extra money she shells out just to make trips to the grocery store in
her hometown of Springfield, Illinois, she says inflated gas prices...
April 13, 2012 Is Financial Leverage Good for Shareholders?- Ever
since the 1980s wave of leveraged buyouts, it has been commonplace for
investors, academics, and commentators to suggest that levering up the
balance sheet by taking on more debt financing is beneficial for
shareholders. Our...
April 10, 2012 Gov. Scott Signs Bill to Reduce Insurance Assessments- A bill signed by Gov. Rick Scott will reduce the burden on customers of
other insurers by more than $300 each if a bad storm rocks Citizens, the
state's insurer of last resort, officials said Tuesday.
April 09, 2012 How Bean Counters Can Become Bean Growers- As
many financial executives have sadly discovered, careers can be damaged
or even lost when financial commitments are not met. Fortunately, at
many companies a big change in the analysis of financial performance is
offering their CFOs a...
April 02, 2012 Should CFOs Automate Financial Reporting?- When
Derek Yung was hired as vice president of finance and strategic
planning at NexTag a little more than a year ago, the privately held
online price-comparison company had no strategic-planning processes to
speak of. NexTag’s owners...
March 28, 2012 Florida's Building Codes Rated Best In Hurricane Protection- Florida ranks highest among 18 hurricane-region states for building codes and their enforcement, the Insurance Institute for Business & Home Safety says.
The state got 95 points out of 100, and the institute praised its "well-developed system...
March 26, 2012 First Banks Sells Florida Franchise - First Banks Inc. is getting out of Florida.
First Banks has a deal to sell its Florida operations to an unaffiliated financial institution, a filing with the U.S. Securities and Exchange Commission said.
The buyer was not identified in the filing.
March 19, 2012 FPL Files Formal Request for $690.4 Million Base-rate Increase- Florida Power & Light Co. on Monday began the months-long process of asking the Florida Public Service Commission to grant it a $690.4 million rate hike for 2013.
FPL President Eric Silagy said the company has worked hard to reduce expenses and...
March 15, 2012 Beach Replenishment a Tough Issue In Florida- PORT ST. JOE, Fla. — The St. Joseph Peninsula is picture-perfect
Florida: 17 miles of sugar sand beach interrupted by a few clusters of
homes, each with a million-dollar view of the Gulf of Mexico.
March 15, 2012 U.S.-Korea Trade Agreement Good for Florida business- Good news for Florida's businesses: The U.S.-Korea Trade Agreement
officially takes effect today. As a result, local firms have more
opportunities to sell their goods and services in the 12th-largest
economy in the world. As we all know,...
March 14, 2012 Citigroup And 3 Other Banks Fail Fed Stress Test- Reporting from Washington, Los Angeles and New—
More than three years after getting lifesaving
injections of federal cash, the nation's major banks are generally
healthy enough to withstand another economic shock.
March 12, 2012 Tax Court Disallows Cost Segregation Of Apartment Building Components- In
a case exploring the extent of allowable cost segregation in
depreciable rental real estate, the Tax Court held that all but a small
handful of items identified by the building’s owner had to be
depreciated over the life of the...
March 09, 2012 Small Businesses Lag On Sustainability: What to Do About It- All the recent headlines about corporate sustainability initiatives are
encouraging: Fortune 500 companies are embracing environmental
sustainability like never before, investing millions of dollars in
greener operations and making...
March 09, 2012 For CFOs, There’s No Place Like Home- The
turnover rate among large-company CFOs ticked up slightly in 2011 but
remained well below its 2008 peak, according to research by recruiting
firm Heidrick & Struggles.
March 08, 2012 Accounting And Finance Hiring Expected to be Flat In Q2- Hiring
in accounting and finance is likely to be flat in the second quarter of
2012 in the United States even though CFOs are confident in their
business prospects for that period, a Robert Half survey shows.
March 08, 2012 CPA Business Execs More Optimistic About U.S. Economy- CPAs who work as business executives are feeling more optimistic about
the prospects for the U.S. economy and their own businesses over the
next 12 months, according to a new survey by the American Institute of
CPAs.
February 28, 2012 Panhandle Developer St. Joe Declares Huge Loss, Shrinks Strategy- Florida's one-time prince of luxury Panhandle real estate development,
St. Joe Co., formally abdicated its role Monday and declared a stunning
$330 million loss for 2011.
February 27, 2012 CFOs: Not Just for Finance Anymore- It's time to change the way we think about CFOs—and the way they think about themselves.
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