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Tag Archives: Orlando

EastGroup Properties' profit rises in first quarter of 2012

JACKSON — EastGroup Properties’ profit rose in the first quarter, but not as much as analysts expected. The real estate investment trust said Thursday that quarterly profit rose to $5.4 million, or 20 cents per share. That’s up 13 percent from $4.8 million, or 18 cents per share, in year-ago quarter. Analysts polled by FactSet had predicted 23 cents per ...

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OUTDOORS WITH DR. JOHN WOODS: Death of a small outdoors business

Without naming names this is still a story to tell. It’s not about failure or bad business decisions or even poor management. It is more about market forces, constrains on running a small business, underfunded operating capitol, a prevailing “mom and pop” operating philosophy, knock off brands, and watching competitors outright stealing your product ideas and selling them cheaper than ...

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Parkway Properties further reduces Jackson presence

Company sells all but one Jackson building; exiting ‘non-core’ markets Parkway Properties is reducing its presence the Jackson market with the sale of all but one of its office properties, but Parkway officials will not make definitive comments regarding personnel reductions. Thomas Blalock, Parkway vice president of investor relations, said in an e-mail: “Given that the portfolio sale has not ...

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Parkway packs bags

The headquarters for Jackson’s Parkway Properties Inc. will move to downtown Orlando, Fla., in early 2012, according to a statement made by the upcoming CEO in a Florida newspaper in October. A handful of senior level management will transfer, but most of Parkway’s 89 Jackson employees will stay in town. Parkway Properties is a publicly traded real estate investment trust ...

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