
What you can get for: $200,000
Florida Business News
Four bedrooms, three baths on 1.75 acres off Chaffee Road on the far Westside. A new, 2,800-square-foot house on the Northside. A home built in 1948 off San Jose Boulevard.
Those are some of the homes that sold in the Jacksonville area recently for around $200,000.
Ray Rivera of Exit Realty did a quick search and found 29 properties between $180,000 and $210,000 in Mandarin/Beauclerc.
One off Collins Creek Road is almost 2,500 square feet.
Source: Business
Record high stock market closings draw mixed meanings from First Coast analysts
Florida Business News
As the record-breaking stock market continued its upward run Wednesday, many analysts agreed that some correction is coming. It?s the degree of correction that?s in play.
The Dow Jones Industrial Average added to Tuesday?s record close with a wobbly rise to another all-time high Wednesday, closing up 42 points to 14,296.24. The optimism on Wall Street has investors and analysts on the First Coast warning that the exuberance should be tempered with varying doses of bullish and bearish reality.
Source: Business
Watch: Operation 'Reveal the Deal'
Florida Business News
Sheriff John Rutherford held a press conference Wednesday afternoon talking about a joint agency investigation of Allied Veterans of the World and their sweepstakes centers call Operation "Reveal the Deal".
Source: Business
New shipping alliance will put Jacksonville on its East Coast rotation
Florida Business News
A new shipping alliance connecting East Coast ports with Asia will make stops in Jacksonville, starting in May.
The G6 Alliance will encompass 50 ships serving 30 ports while making six "loops" from Asia to the East Coast and back again.
Roy Schleicher, interim CEO of JaxPort, said the alliance will let Jacksonville compete for cargo from customers of the six shipping lines that form the alliance -- APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha, and Orient Overseas Container Line.
Source: Business
Jacksonville Business Exchange hosts networking event Thursday at Town Center
Florida Business News
Business professionals looking for connections on the First Coast could possibly find them at a Jacksonville Business Exchange networking event Thursday.
The Business Networking meeting runs from 6 p.m. to 8 p.m. Thursday at Black Finn American Grill, 4840 Big Island Drive at the St. Johns Town Center. Participants don?t have to be a member of the business exchange to take part in the event that is drawing other associations such as the Jax Chamber and LinkedIn groups as well.
Source: Business
Ancient City Ruby conference highlights First Coast tech scene
Florida Business News
Computer-programming and code-writing seminars have traditionally happened on the West Coast. A conference taking place over the next two days, though, will for the first time shine a technology light on the First Coast.
The Ancient City Ruby event is drawing about 300 top computer programmers from all over the world to St. Augustine Thursday and Friday. About a dozen speakers from the West Coast technology scene as well as experts from Europe will share ideas for coding the program known as ?Ruby? and its website development format known as ?Ruby on Rails.?
Source: Business
Firehouse Subs sales grew $100 million in 2012
Florida Business News
Firehouse Subs had a good year:
The company signed up 144 new franchisees and opened 98 new restaurants in 2012, it announced Wednesday. That puts the chain at 606 restaurants in 35 states, with expectations to grow that to 715 by the end of the year and a longterm goal of of 2,000 restaurants by 2020.
Sales grew from $285 million in 2011 to $385 million in 2012, and the average store sales grew from $648,407 to $731,006.
The chain was founded 18 years ago in Jacksonville.
Source: Business
Stein Mart keeps NASDAQ stock listing, for now
Florida Business News
Jacksonville-based Stein Mart, Inc., got some much needed good news Wednesday about its continued listing on the NASDAQ stock market.
The NASDAQ Listings Qualifications Panel had warned the department store retailer in March that its listing was under consideration for removal due to noncompliance issues. In September, Stein Mart was put on notice for not filing its second-quarter earnings report in a timely fashion, with a similar notice issued three months later, with regulators telling the company it would be ?delisted? if the issues weren?t brought into compliance.
Source: Business