April 24, 2024

Tuesday's Afternoon Update

What you need to know about Florida today

| 11/22/2016

Tech Data beats expectations with $36.5 million in quarterly profit

Shares in Tech Data have risen nearly 30 percent since the beginning of the year, driven in part by news of its $2.6 billion acquisition of Avnet Technology Solutions. The deal could propel the company into rivaling Publix Super Markets as the largest company in Florida. See financial details from the company, here. Also read more at  the Tampa Bay Times.

» Earlier, from Florida Trend: A CEO's lessons (profile of Bob Dutkowsky and Tech Data)

Florida Department of Transportation preparing for holiday surge of drivers

Millions of Americans are expected to drive to their destination this Thanksgiving holiday, and the Florida Department of Transportation is preparing for the traffic increase. More from the WPLG.

Zika cases near 1,200 in Florida

Health officials reported three more cases of the Zika virus Monday, as Florida moved closer to 1,200 cases since the outbreak began. Two of the new cases involved infections that occurred in Miami-Dade County, which has been the focus of concerns about mosquitoes transmitting the virus. More from WJXT.

Jacksonville’s Patriot Rail adds to its rail service holdings

From its Jacksonville hub, Patriot Rail Company LLC (Patriot Rail) has ramped up its assets with the recent acquisition of the Midwest-based United Transportation Group (UTG), which specializes in rail tank car and tanker truck cleaning. More from Florida Business Daily.

New GOP leaders poised to take over Florida Legislature

Florida's Republican-controlled Legislature is officially picking new leaders. The Legislature meets Tuesday for one-day session to swear in new members after elections that saw all 160 seats up for grabs. More from the AP.

See also:
» Florida Senate reopens chamber after $6 million upgrade

Business Basics
Protecting your assets

florida Most responsible individuals and business owners hold insurance policies to cover the unexpected turns in life’s journey. Insurance does play an important role in protecting individuals and organizations, but insurance alone will not effectively protect resources. [Sponsored report]

» Full story from Shinn & Co., here.

Business Profile
ThemeWorks

themeworks In a nondescript warehouse south of downtown High Springs, the 105 employees of ThemeWorks have been creating the props and scenery that transport museum and theme park visitors around the world into fictional scenes, exotic habitats and historic moments.

» More from the Gainesville Sun

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

Florida shoe cobbler mends more than soles
Florida shoe cobbler mends more than soles

Jim McFarland, a fourth-generation shoe cobbler in Lakeland, Florida, never anticipated his trade mending shoes would lead to millions of views on social media. People are captivated by his careful craftsmanship: removing, then stitching and gluing soles on leather footwear.

Video Picks | Viewpoints@FloridaTrend

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