Recently added articles from US Business Journal, South Central Texas:
MedCath earnings down; annual income up
Nov 14, 2008 ... MedCath Corp., the parent company of TexSan Heart Hospital in San Antonio, reported lower earnings for its fourth quarter ended Sept. 30. Net income for the fiscal year, however rose. The company earned $721 million, or 4 cents per diluted share in the latest quarter, down from $908 million, or 4 ...
GlobalSCAPEs net income down 67 percent in third quarter
Nov 14, 2008 ... GlobalSCAPE Inc.'s earnings took a hit in the third quarter of 2008 as a result of higher expenses during the period. San Antonio-based GlobalSCAPE (AMEX: GSB) reported net income of $227,000, or 1 cent per diluted share, on revenue of $3.7 million for the third quarter of 2008. This compares to ...
Fuel prices at lowest level in nearly two years
Nov 14, 2008 ... Gasoline prices throughout the state are currently at their lowest levels since January 2007, according to the AAA Texas Weekend Gas Watch. Gasoline is currently selling for $1.98 on average in the San Antonio market. This is down 8.3 cents from last week. In fact, the statewide average price for ...
ARAMARK buys Texas Brand Coffee
Nov 14, 2008 ... ARAMARK Refreshment Services LLC has purchased Brand Coffee Service Inc., a company that provides brand-name refreshment services throughout Texas. The acquisition closed on Nov. 3, but details were only released on Friday. Brand Coffee sells premium coffee, hot and cold drinks, snacks and related ...
Alamo Bowl suffers big loss
Nov 14, 2008 ... Valero Alamo Bowl officials say the event's chairman, Bob Brincat, has lost his battle with cancer. Brincat, 56, passed away Thursday at San Antonio's Methodist Hospital. Bowl officials say Brincat had been battling a recurrence of lymphoma and died from complications arising from the illness. He ...
Former San Antonio radio vet Andrew Ashwood dies
Nov 14, 2008 ... Andrew Ashwood, the former operations manager for WOAI-AM and Ticket 760-AM radio stations, died Thursday at the age of 51. Ashwood, who had moved to the Los Angeles area to become vice president and general manager of Fox Sports Radio, passed away in a Sherman Oaks, Calif., hospital after ...
HUD awards San Antonio housing assistance grants
Nov 14, 2008 ... The U.S. Department of Housing and Urban Development will allocate $24.7 million for development projects in San Antonio and Bexar County. The federal agency is disbursing the funds through five separate grant programs, the Community Development Block Grant program, the American Dream Downpayment ...
Baptist Child & Family Services awarded expanded state contract
Nov 14, 2008 ... The Texas Department of Family and Protective Services has renewed and expanded Baptist Child & Family Services' contract to manage the Preparation for Adult Living (PAL) program for all of South Texas. In addition to providing foster-care transitional living services for San Antonio, Baptist Child ...
San Antonio loses bid to host NCAA Womens Final Four
Nov 14, 2008 ... San Antonio was named an NCAA Championship City in September. But less than two months later, the NCAA is passing on the nation's seventh largest city by selecting other host cities for its next round of Women's Final Four basketball tournaments for the years 2012-2016. The San Antonio Local ...
South Texas Money Management expands into Dallas market
Nov 13, 2008 ... South Texas Money Management Ltd., a San Antonio-based investment advisor, has opened an office in Dallas. The firm also has offices in Houston and Austin. "We are thrilled to expand our offices to the Dallas market," says Jeanie Wyatt, CEO and chief investment officer. "Dallas is a logical and ...
Abraxas reduces capital budget by 40 percent
Nov 13, 2008 ... Abraxas Petroleum Corp. on Thursday set its 2009 capital expenditure budget at $20 million, a 40 percent reduction over this year's budget. The company's capital expenditure budget will be funded from cash flow and cash on hand, including cash distributions from Abraxas Energy Partners LP (NASDAQ: ...
Edwards Aquifer Authority board holds rates steady
Nov 13, 2008 ... The Edwards Aquifer Authority board of directors has adopted a new budget for 2009 that will not raise wholesale water rates for cities and industrial users. The board approved a $14.3 million general fund operating budget for 2009. The water authority will continue to charge municipalities and ...
Kronkosky Charitable Foundation awards nearly $4 million in grants
Nov 13, 2008 ... The Kronkosky Charitable Foundation, a San Antonio nonprofit, has approved 36 grants totaling $3.6 million. The grants will assist programs and organizations in a four-county region consisting of Bexar, Bandera, Comal and Kendall. More than $837,000 worth of grants has been awarded for elderly ...
Texas real estate councils join forces
Nov 13, 2008 ... Real estate councils from across the state's major markets have formed a coalition to monitor and advocate for legislative issues that impact their industry. Christened the Real ...
Womens Club honored for fight against diabetes
Nov 13, 2008 ... The Lo Bello de San Antonio Women's Club will be honored Thursday night by the Texas Diabetes Institute for the organization's long-time support for San Antonio's diabetic community. Lo Bello de San Antonio Women's Club will be inducted into the Texas Diabetes Institute's "Wall of Honor." The ...
CB Richard Ellis seeks to raise $180M in public offering
Nov 13, 2008 ... CB Richard Ellis Group Inc. (CBRE), a commercial real estate brokerage firm, will offer 50 million shares of its Class A common stock for $3.77 per share, the company said Thursday. The public offering is expected to generate at least $180 million in net proceeds for Los Angeles-based CB Richard ...
UT System launches $15 million initiative
Nov 13, 2008 ... The University of Texas System Board of Regents has approved a $15 million initiative that is expected to encourage and recognize extraordinary efforts in undergraduate teaching and commercialization activities. The initiative will affect the UT System's nine academic institutions, including the ...
Texas foreclosure numbers a mixed bag, report shows
Nov 13, 2008 ... There's good news and bad news to report on the Texas foreclosure front. According to the recent report compiled by Irvine, Calif.-based ReatlyTrac, over the month of October 2008, a total of 9,900 homes in Texas entered the foreclosure process - a 19.4 percent decline from the volume of filings ...
Maggianos Little Italy opens San Antonio location
Nov 13, 2008 ... Maggiano's Little Italy, an Italian-American restaurant brand operating under the Brinker International umbrella, officially opened for business in San Antonio on Thursday. The restaurant is the first Maggiano's in the Alamo City. Located at 17603 Interstate Highway 10 at The Rim in Northwest San ...
AT&T makes hefty donation to Texas Tech University
Nov 12, 2008 ... AT&T Inc. is contributing $25 million to Texas Tech University in honor of the company's former chairman and CEO, Edward E. Whitacre Jr., a 1964 graduate of the school's engineering program and a former regent. As a result, Texas ...