Qualcomm Inc., the giant semiconductor maker, announced that for the quarter ending Dec. 25, 2011, it had a profit of $1.4 billion, compared with a lower $1.17 billion at the same time in 2010. With an international workforce numbering more than 20,000 employees, the company is one of the largest providers of microchips and other technologies for the growing smartphone market.
Florida REIT adds to its investment portfolio
With the commercial real estate markets remaining soft, a recent acquisition may bring hope for some real estate investors. A real estate investment trust, Parkway Properties Inc., based in Orlando, Florida, recently purchased a Class A office building in Tempe, Arizona, adding to its growing investment fund portfolio.
Two entrepreneurs win grants to start their own businesses
When you hear the word entrepreneur you might think of a creative individual who is willing to take a risk or someone who has a groundbreaking idea. Well, for two students who graduated from the Southwest Florida MicroEnterprise Program, they can now view themselves as entrepreneurs for their creative business plans. Each student will receive $2,500 to start-up their businesses.
Commercial real estate market expected to remain soft
While the housing market has been struggling nationwide, there are problems on the horizon in Florida with commercial properties trying to refinance, sell or recapitalize.
