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Top News & Analysis Florida

  • VERO BEACH, Fla. _ Orchid Island Capital Inc. on Thursday reported first-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Vero Beach, Florida- based company said it had net income of 7 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, April 27- R. Alexander Acosta was confirmed on Thursday by the U.S. Senate to head the Labor Department, making him the first Hispanic member of President Donald Trump's cabinet. The Senate confirmed Acosta by a 60-38 vote. Acosta had served as a law clerk to Samuel Alito from 1994 to 1995, when the conservative Supreme Court justice was a judge at the 3rd...

  • WASHINGTON, April 27- R. Alexander Acosta was confirmed on Thursday by the U.S. Senate to head the Labor Department. Acosta, a former member of the National Labor Relations Board and dean of the Florida International University College of Law in Miami, was nominated in mid-February by President Donald Trump to be labor secretary. The Senate confirmed Acosta by a...

  • MIAMI _ World Fuel Services Corp. on Thursday reported first-quarter earnings of $31.3 million. World Fuel Services shares have fallen 20 percent since the beginning of the year. Keywords: World Fuel Services, Earnings Report.

  • WASHINGTON— The Senate on Thursday confirmed Alex Acosta as Labor secretary, filling out President Donald Trump's Cabinet as he approaches his 100th day in office. Tim Scott, R- S.C., spoke for many Republicans with a statement issued just after the vote saying he hopes Acosta's focus will be "promoting labor policies that are free of unnecessarily burdensome...

  • ATLANTIC CITY, N.J.— For the second time in as many years, a deal to convert a shuttered Atlantic City casino into a water park has dried up. Florida- based TJM Properties said Thursday a deal to sell former Atlantic Club casino to a group of local investors is off. Young told The Associated Press he intends to make a renewed bid to buy the property from TJM.

  • Since inauguration day on Jan. 20, top executives from at least 186 companies have visited with Trump or senior advisers at the White House or on presidential trips, including those to Mar-a-Lago, the private, seaside Florida club where he spends many weekends. But Reuters analyzed more than 900 White House press pool reports to give the first big picture view,...

  • CHICAGO, April 27- At least 10 major U.S. airports say their rules prevent security officers from physically removing passengers from airplanes unless a crime is committed, meaning they would normally avoid incidents such as the one involving the passenger dragged off a United Airlines flight in Chicago. Officials at 10 of the busiest U.S. airports- in Atlanta,...

  • SEMINOLE, Fla. _ Superior Uniform Group Inc. on Thursday reported first-quarter earnings of $3.8 million. Superior Uniform shares have declined nearly 7 percent since the beginning of the year. Keywords: Superior Uniform, Earnings Report.

  • ALACHUA, Fla. _ RTI Surgical Inc. on Thursday reported a first-quarter loss of $1.9 million, after reporting a profit in the same period a year earlier. RTI Surgical expects full-year earnings in the range of 5 cents to 10 cents per share. Keywords: RTI Surgical, Earnings Report.

  • CLEARWATER, Fla. _ MarineMax Inc. on Thursday reported fiscal second-quarter profit of $2.7 million. MarineMax expects full-year earnings to be $1.14 to $1.24 per share. MarineMax shares have increased 13 percent since the beginning of the year.

  • PITTSBURGH— An insurance agent pleaded guilty Thursday in a promissory note scam that bilked nearly 80 clients out of $8.2 million. John Hogan, 77, of Swissvale, entered his pleas to five counts of mail fraud in the scheme run out of his Hogan& Associates business. Hogan promised they'd get at least a 10 percent return, but he instead used the money to prop up 25 homes...

  • NEW YORK— One of Comcast's fastest-growing businesses hasn't been selling cable or internet subscriptions— or making movies and TV shows, or selling TV ads. "We're expecting a big year," said Comcast CEO Brian Roberts at an investor conference in February. NBCUniversal's capital expenditures will rise 10 percent this year to about $1.6 billion, largely because...

  • JACKSONVILLE, Fla. _ Patriot Transportation Holding Inc. on Wednesday reported fiscal second-quarter earnings of $260,000. Patriot Transportation shares have fallen slightly more than 5 percent since the beginning of the year. Keywords: Patriot Transportation, Earnings Report.

  • But a leading GOP moderate criticized the reshaped legislation as a conservative exercise in "blame-shifting and face-saving" that wasn't winning new support from party centrists, leaving its fate unclear. The embrace by the hard-line Freedom Caucus Wednesday supplied fresh votes and momentum for GOP leaders, who also lined up behind the plan and crave a...

  • WINTER HAVEN, Fla. _ CenterState Banks Inc. on Wednesday reported first-quarter net income of $16.6 million, after reporting a loss in the same period a year earlier. The Winter Haven, Florida- based bank said it had earnings of 32 cents per share. Keywords: CenterState Banks, Earnings Report.

  • ST PETERSBURG, Fla. _ Raymond James Financial Inc. on Wednesday reported fiscal second-quarter earnings of $112.8 million. Raymond James shares have risen slightly more than 9 percent since the beginning of the year. Keywords: Raymond James, Earnings Report.

  • WASHINGTON, April 26- President Donald Trump unveiled a one-page plan on Wednesday proposing deep U.S. tax cuts, many for businesses, that would make the federal deficit balloon if enacted, drawing a cautious welcome from fiscal conservatives and financial markets. Only Congress can make major tax law changes, and Democrats immediately attacked the...

  • JACKSONVILLE, Fla. _ Landstar System Inc. on Wednesday reported first-quarter net income of $32.4 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. Seven analysts surveyed by Zacks expected $753.9 million.

  • NEW YORK— The CEO of a heavyweight of home shopping on TV is leaving that job to take the top spot at Weight Watchers International Inc.. The companies said separately Wednesday that Mindy Grossman is leaving HSN Inc. on May 24 and assuming the role of president and CEO of Weight Watchers in July. Weight Watchers said that until Grossman's arrival, it will continue...