October 25, 2014

Wednesday's Daily Pulse

What you need to know about Florida today

| 10/30/2013

› SBA boosts loans in South Florida in fiscal 2013
The U.S. Small Business Administration said Tuesday that its South Florida District made 1,723 loans totaling more than $900 million in fiscal 2013. That was 5 percent more in terms of loans approved, and 15 percent more funds made available to small business owners to start and expand their businesses and create jobs.

› Florida Supreme Court sets Dec. 5 date for medical marijuana arguments
Advocates to legalize medical marijuana in Florida and Attorney General Pam Bondi's objections will spar over the next six weeks in the Florida Supreme Court. People United for Medical Marijuana is seeking to get the issue before voters on the November 2014 ballot and last month submitted petitions and ballot language for the vote.

› RTI Surgical sees boost from Pioneer buy,
RTI Surgical saw a $16.1 million boost in revenue in the third quarter from its acquisition of Pioneer Surgical Technology, but the combined company underperformed compared with the same period a year ago and saw a net loss in income.

› Iberia Foods Corp. acquires company to expand into the Midwest
North Miami-based Iberia Foods Corp., a manufacturer, importer and distributor of Hispanic, Caribbean and other specialty foods and beverages, said it has acquired the assets of Marcas Food Distributors, an independent distributor of Hispanic and European foods, based in Chicago.

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