MIAMI-The two-year-old telecommunications and technology provider is attracting funding from private groups led by GE Equity, J.P. Morgan Capital and Banc of America Securities. TeleNova plans to grow its 60-employee staff to 110 by 2002.
ORLANDO-The nation's 11th largest issuer plans to occupy Banco Popular's 5,000-sf offices near International Drive when the bank's lease expires early next year and probably will be searching for additional space to house 200 new hires. Metris is creating a national Hispanic operations center here.
ORLANDO-David A. Siegel, founder/chairman of Central Florida Investments Inc., is asking a circuit court judge to throw out the 1997 deal he made with his wife of 29 years because his firm's CEO allegedly misinformed him of the company's projected financial health.
MIAMI-Rhode Island-based CVS Corp., the nation's largest pharmaceutical/retail organization, is planning a near-future Miami Beach presence with the $4.2 million purchase of the former Food Fair supermarket building.
ORLANDO-The original award-winning club in Nashville, however, will continue to be owned by Gaylord Entertainment Co. Disney is retaining its rights to the Wildhorse name and logo.
EUSTIS, FL-The Charlotte-based utility says the site, 32 miles northwest of Downtown Orlando, is ideal because of a nearby natural-gas pipeline. But residents fear the planned 640-megawatt plant would use too much water.
BOCA RATON, FL-The 800-employee National Council of Compensation Insurance is moving into a $45-million, 300,000-sf headquarters building it designed specifically to boost productivity and morale.
ORLANDO-Friday is Decision Day for the 13-member Florida Board of Regents to select one of three cities for Florida A&M University's 120,000-sf College of Law building. Orlando, Tampa, FL and Lakeland, FL are the finalists. Daytona Beach has dropped out. The law school will be part of a $1 billion commercial redevelopment program planned for Downtown.
ORLANDO-The Nov. 7 ballot issue jolted the establishment, winning by a 53% to 47% margin. Now all legislators have to do is find the money to pay for the estimated $4 billion, 200-mile high-speed rail system.
ORLANDO-The locally-based themed restaurant chain lost 11.9 million or $1.20 per share on revenue of $47.6 million in the third quarter ended Sept. 24. But that was an improvement from the posted $96 million loss or 88 cents a share on sales of $80.4 million in the comparable 1999 period.
