Wednesday, May 23, 2018
Business

Five things to know about Apple's stock split

SAN FRANCISCO — Apple's resurgent stock may have as much to do with financial engineering as the company's technological wizardry. Monday marked Apple's first stock split in nine years, a move designed to make it more affordable to buy shares of the tech giant. The 7-for-1 split provided a boost even before it was completed. Since the split was announced in late April, Apple's stock has climbed 24 percent, creating more than $100 billion in shareholder wealth. Other factors contributed to the Apple rally: The company raised its quarterly dividend, committed $30 billion more to buying back its stock, struck a $3 billion deal to buy headphones maker Beats Electronics and previewed its latest software for iPhones, iPads and Mac computers. Here are five things to consider about the split:

Associated Press

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Lee Roy Selmon’s original Tampa restaurant is closing, marking the end of an era

Lee Roy Selmon’s original Tampa restaurant is closing, marking the end of an era

Lee Roy Selmon’s, the restaurant that paid homage to the community icon who rose to fame as a Tampa Bay Buccaneer and grew to become a popular civic leader, will shutter the doors of its original location on Tampa’s Boy Scout Boulevard in June.Employ...
Updated: 3 hours ago
At Bay 3, developers of Tampa’s Armature Works transform old industrial space into new co-work offices

At Bay 3, developers of Tampa’s Armature Works transform old industrial space into new co-work offices

TAMPA — The name of the new Bay 3 co-working space at the Armature Works goes back to World War I, when the red-brick warehouse overlooking the Hillsborough River was the maintenance barn for Tampa Electric’s streetcar system.As the name suggests, it...
Updated: 4 hours ago
New restaurants on the horizon: Metro Diner and Zoes Kitchen in Tampa, Trophy Fish and Oak & Stone in St. Pete

New restaurants on the horizon: Metro Diner and Zoes Kitchen in Tampa, Trophy Fish and Oak & Stone in St. Pete

OPEN NOW: BAHAMA BUCK’SFeel a shiver? Just in time for Florida’s sultry summer, Bahama Buck’s opened this week in Trinity with an avalanche of sno. The 2,346-square-foot island-inspired shop opened at 8815 Mitchell Blvd. with more than 91 flavors of ...
Updated: 4 hours ago
Comcast may outbid Disney for Twenty-First Century Fox

Comcast may outbid Disney for Twenty-First Century Fox

Associated PressPHILADELPHIA — Comcast may make an offer for Twenty-First Century Fox, potentially putting it in a head-to-head bidding war with Disney. Comcast Corp. on Wednesday did not provide specific details on a bid, other than to say that it w...
Updated: 4 hours ago
Brunch-based alcohol will be available at First Watch’s new Orlando location

Brunch-based alcohol will be available at First Watch’s new Orlando location

ORLANDO — The popular breakfast and brunch chain First Watch will be opening a new restaurant in Orlando that will add cocktails, beer and wine to the menu. The new concept restaurant, set to open on Memorial Day at 1448 N Alafaya Trail, will be 1,00...
Updated: 4 hours ago
St. Petersburg’s Jabil expands in Israel with new innovation center

St. Petersburg’s Jabil expands in Israel with new innovation center

St. Petersburg-based contract electronics company Jabil announced Wednesday it has expanded in Israel by opening an Optics Technology Innovation Center.The 2,000-sqaure-foot complex is in Haifa, Israel’s third-largest city. "Our Optics Innovation Cen...
Updated: 5 hours ago
Humana hiring 100 for phone sales, Medicare enrollment assistance

Humana hiring 100 for phone sales, Medicare enrollment assistance

Kentucky-based health care provider Humana is hiring 100 phone sales employees in Tampa Bay. The new hires will field sales calls and offer enrollment assistance for Humana’s Medicare plans and other products.The positions, which are being added to h...
Updated: 5 hours ago
Downtown St. Pete Ford’s Garage and Yeoman’s to open Wednesday

Downtown St. Pete Ford’s Garage and Yeoman’s to open Wednesday

ST. PETERSBURG — Ford’s Garage, a car junkie’s haven, has proven to be popular eatery across the state.Now it has a chance to drive customers to its seats in St. Petersburg. The restaurant opens its ninth location downtown Wednesday at 200 First Ave....
Updated: 5 hours ago
Target: New Tampa, Clearwater stores part of company-wide makeovers

Target: New Tampa, Clearwater stores part of company-wide makeovers

Target is renovating more than 1,000 stores by the end of 2020, including two SuperTarget locations in New Tampa and Clearwater.The Clearwater store’s makeover — which the corporation calls ‘‘reimagining" — just wrapped up, according to Target spoke...
Updated: 5 hours ago
Many Americans still cannot afford a $400 set back

Many Americans still cannot afford a $400 set back

Could you pay an unexpected $400 expense?More than four in 10 Americans said they couldn’t without borrowing money or selling something, according to the Federal Reserve’s Report on the Economic Well-Being of U.S. Households released Tuesday.That’s a...
Published: 05/22/18