Lennar Buys Home-Building Lots In Texas 
Miami-based Lennar Corp. bought 813 lots in Texas from affiliates of Covington Group Inc., a Dallas-based development firm.
Florida News
Lennar Buys Home-Building Lots In Texas
Office Depot Selling Joint Venture Stake For $690 Million
Boca Raton-based Office Depot is selling its 50 percent stake in a Latin American joint venture to partner Grupo Gigante SAB de CV for about $690 million.
First Passengers Back In U.S. After Royal Caribbean Ship Fire
The first passengers from a Royal Caribbean cruise that was cut short by a fire have arrived back in Baltimore on a charter flight. Many are praising the crew's handling of the emergency and say they'd be eager to take another Royal Caribbean cruise.
Florida's Consumer Confidence Hits Post-Recession High
Consumer confidence in Florida is approaching levels not seen since before the Great Recession.
Natural Gas Pipeline Would Cross Through Florida
County officials in Alabama are set to discuss a proposed natural gas pipeline that cover an estimated 465 miles across portions of three states. The plan is a response to a request for proposals from Florida Power & Light to provide natural gas transportation for its power generation needs by May 2017.
Parent Of Tampa Electric To Buy New Mexico Gas In Deal Worth $750 Million
Teco Energy, the owner of Tampa Electric, said it reached an agreement to buy New Mexico Gas in a deal worth about $750 million, boosting its customer base by 50 percent. Teco said it expects the addition to increase its profits in the first full year after closing.
Fidelity National Buying Lender Processing
Jacksonville-based Fidelity National Financial agreed to buy Lender Processing Services for about $2.82 billion in order to broaden and diversify its business. Lender Processing is a technology company and Fidelity National provides title insurance, mortgage and other services.
Investment Banker's Rise Started On Janitor's Salary
Jane Gladstone of Evercore Partners made her career by knowing details of how swaps trade or what the requirement to clear transactions means for the investment banking industry.
PGT Shareholder Boosts Offering To 11 Million Shares
North Venice-based PGT, which makes windows and doors, said one of its major shareholders has boosted the size of its underwritten secondary offering of PGT common stock by 1 million shares to 11 million shares and priced the offering at $7.75 per share.
Carnival Declines Most In 16 Months On Lower Profit Forecast
Carnival Corp. fell the most in more than 16 months after lowering its forecast for the rest of the year. The lower forecast demonstrates the continuing fallout from several incidents at sea involving ships operated by Miami-based Carnival that attracted news coverage.
Gulf Power To Seek Rate Hike
Little more than a year after receiving approval to increase base electric rates, Pensacola-based Gulf Power Co. has given notice that it will file another rate-hike proposal this summer.
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