February 27, 2015

Thursday's Daily Pulse

What you need to know about Florida today

| 5/2/2013

› FARO Technologies share price falls on earnings, revenue misses
The Lake Mary-based company earned $4.6 million, or 27 cents a share, on revenue of $65.4 million in the first quarter that ended March 30, compared with a profit of $6.75 million, or 39 cents a share, on revenue of $65.2 million a year earlier.

› Senate supports sales tax exemption for manufacturing equipment
The state Senate on Wednesday approved an amendment that exempts certain manufacturing equipment from the state’s sales tax. The amendment was tacked on to House bill 7007, which deals with economic incentives.

› Publix's profit soars 15.1% in 1st quarter
Lakeland-based Publix's first-quarter profit jumped 15.1 percent from the previous year, the company reported Wednesday. Sales reached $7.5 billion for a 6.1 percent increase from last year.

› Archaeologists find remnants of ancient Indian village, city’s first hotel on Miami River dig
In urban archaeology, the backhoe is a time machine: Scrape away a mountain of asphalt, dirt and rock near the river in downtown Miami, and the city’s buried history, centuries of it, suddenly comes to light in a startling reveal.

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Rising Rents
Rising Rents

A new report from Zillow shows that rents across the U.S. are increasing, and not just in the expected regions of New York City, San Francisco and Boston. 

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Gov Scott has proposed to increase funding to education, and half of those monies will come from property taxes. The debate is: A) is Scott's proposal a tax? Or, B) is Scott just using new monies that would come in because property values are increasing?

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