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Yahoo! News - financial aid
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Biden Addresses Harvard Financial Aid
Posted: February 3rd, 2012, 6:23am EST
Threats to tie federal funding to the cost of university tuition are unlikely to affect Harvard, Vice President Joseph R. Biden, Jr. said on a conference call with members of the media Thursday.
bizjournals.com Banking & Financial Services - Venture Capital
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Top 5: Silicon Valley graduate business programs
Posted: February 3rd, 2012, 3:06am EST by Lemery Reyes
This week the Business Journal ranked the biggest graduate business programs in the region by the total number of business graduate students enrolled in Silicon Valley*.
Here is a sneak peek of the top five graduate business programs. Information was obtained from school representatives.
In order for a school to be considered for the list, the total number of business graduate students enrolled in the valley must be provided. The top five Graduate Business Programs reportedly have over 3,100 students enrolled...
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San Jose's relaxed developer fees, rules get early response
Posted: February 3rd, 2012, 3:01am EST by Mary Ann Azevedo
San Jose officials passed a few measures this week designed to encourage companies to move here, and developers to build here, as I wrote in Friday's edition of the Business Journal. One of those measures included reducing the amount of money developers have to pay for traffic improvements in North San Jose pretty drastically — from $12.69 per square foot to $5 per square foot. The developers and brokers I talked to welcomed the move but some questioned one aspect of it: The fact that it's temporary and that there's a cap of 1 million net new square feet... -
Meridian Shopping Center filing staves off foreclosure
Posted: February 3rd, 2012, 3:01am EST by Eli Segall
The owner of San Jose’s Meridian Park Plaza has filed for bankruptcy protection, putting the sprawling shopping center in legal limbo. But if a nearby retail center is any indicator, Meridian Park’s bankruptcy case could have a happy ending. Meridian Park’s owner, Meridian Shopping Center LLC, recently filed for Chapter 11 in U.S. Bankruptcy Court in San Jose. The property owner’s only listed asset — the shopping center — is valued at $14 million, and its only listed creditor, East West Bank, is owed $10... -
Lights, camera, job interview
Posted: February 3rd, 2012, 3:01am EST by Diana Samuels
Are you ready to go on camera for your next job? I profiled GetHired.com in this week’s Business Journal, a recently-launched company with a hiring and recruiting website that emphasizes video. Companies can ask candidates to answer “pre-interview” questions with short videos. Basically so they can tell just how weird the person is before they devote an afternoon to interviewing them. That can be helpful for companies today who are flooded with resumes because so many people are out of work... -
Publix announces plans for store in Mobile
Posted: February 3rd, 2012, 1:02am EST
Officials with Publix Supermarket said Thursday that they plan to open a 45,000-square-foot store in Hillwood Plaza at the northwest corner of Hillcrest and Cottage Hill roads in Mobile. According to the Press-Register, the store is expected to open in the spring of 2013. The store will be developed by White-Spunner & Associates, which will lease the building to Publix. -
Opposition to strip mine focus of protest by UAB supporters
Posted: February 3rd, 2012, 1:02am EST
UAB students and supporters gathered Thursday outside a meeting of the University of Alabama Board of Trustees to protest the possibility of a strip mine on land owned by UA along the Black Warrior River near Cordova. According to the Tuscaloosa News, this was the second consecutive time the students and supporters have made their presence known by organizing protests during the meeting centered on issues important to their campus. The group was composed of concerned Cordova citizens, members of the Birmingham metro chapter of the NAACP, along with college students from Birmingham Southern College, UA, UAB, Montevallo and Samford. -
ThyssenKrupp picks Chicago for North American HQ
Posted: February 3rd, 2012, 1:02am EST
ThyssenKrupp AG plans to open a North American headquarters in downtown Chicago this summer. According to the Press-Register, the new headquarters will reportedly mean about 100 jobs and was not supported by public incentives. ThyssenKrupp, which is putting the finishing touches on a $5 billion stainless and carbon steel facility in north Mobile County, has about 25,000 employees in North America. -
Small markets offer top pay in transportation, production sectors
Posted: February 3rd, 2012, 1:00am EST by G. Scott Thomas
Smaller markets generate some of the larger paychecks for workers who produce and ship the nation's goods.
On Numbers used U.S. Bureau of Labor Statistics (BLS) data to evaluate the earning power of employees in two closely related sectors. The study compared annual average pay in 406 metropolitan areas and divisions.
Airline pilot is the highest-paying job in today's database. Pilots based in Louisville top the list with average salaries of $150,250, followed by New York at $148,960 and Dallas at $145,440...
Yahoo! News - student loans
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Student loans demystified
Posted: February 2nd, 2012, 11:38pm EST
If there's one thing college students have enough of, it's deleted student-loan emails. It seems our inboxes are getting so full of these emails that you may start to wonder whether or not the University is leaking student information as it raises tuition.
bizjournals.com Banking & Financial Services - Venture Capital
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Top of the List: Advertising/Marketing/Branding Firms
Posted: February 2nd, 2012, 9:40pm EST
This week in the print edition, the Business Courier ranks the 25 largest advertising/branding/marketing firms in the Tri-State.
Click on the image to the right for a slideshow of the Top 5 companies on the list. We start the countdown at No. 5, with Gyro.
For the full list of the Tri-State's larges advertising/branding/marketing firms, take a look at this week’s print edition of the Business Courier. The full list is only available in print! Want more research like this? Check out the 2012 Book of Lists in print or digital format, or get access to our interactive Book of Lists database.
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Filene's site project to restart with Boston-NYC development deal
Posted: February 2nd, 2012, 8:38pm EST by Thomas Grillo
More than three years after Vornado Realty Trust (NYSE: VNO) abandoned the Filene’s site, leaving a hole in Downtown Crossing, the New York real estate company has reached a deal to team up with a local developer to jump start the stalled project, according to Mayor Thomas M. Menino’s office.
Millennium Partners, which recently broke ground on Hayward Place, a $200 million mixed-use residential project on lower Washington Street near Downtown Crossing, signed the accord late Thursday with Vornado...
Yahoo! News - student loans
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Content on Student Loans:
Posted: February 2nd, 2012, 8:14pm EST
For the past three years I have lived a life at Virginia Tech of pretty much coming and going as I please. No curfew, no parents telling me what to do and no one forcing me to clean my room or go to class. -
Revenue gave green light to student loans boss's tax arrangement
Posted: February 2nd, 2012, 7:32pm EST
Britain's most senior civil servant personally signed off on a deal that allowed the head of the Student Loans Company to avoid paying thousands of pounds in tax and national insurance. -
Political Notebook: Bill would penalize teachers, lobbyists for defaulting on student loans
Posted: February 2nd, 2012, 5:40pm EST
NASHVILLE — Teachers and lobbyists who default on student loans could lose the right to practice their professions under legislation winning final approval in the state House on Thursday. -
Paying back student loans without breaking the bank
Posted: February 2nd, 2012, 11:14am EST
Student loans are difficult to ditch even through bankruptcy - so former students find themselves stuck paying pack thousands of dollars even if they can't find a job or are making little money. In his third State of the Union Address, President Obama warned colleges to put the brakes on rising tuition costs. "Higher education can't be a luxury it's an economic imperative that every family in ... -
Student loans boss's tax deal ended
Posted: February 2nd, 2012, 7:26am EST
The Government has said it is ending a deal under which the head of the Student Loans Company (SLC) has been paid via a company without tax being deducted. -
Loans boss 'to pay tax at source'
Posted: February 2nd, 2012, 6:51am EST
The head of the Student Loans Company will have tax and National Insurance payments deducted from his £182,000 pay package in future, ministers say. -
Student loans chief 'avoids £40,000 a year in tax' through deal approved by ministers
Posted: February 2nd, 2012, 5:06am EST
Ed Lester, chief executive of the Student Loans Company, has been paid his salary through a private company, allowing him to cut an estimated £40,000 a year from his tax bill. -
Student loans chief in tax row
Posted: February 2nd, 2012, 3:58am EST
The Treasury is to review the tax affairs of top civil servants, after it emerged the head of the Student Loans Company (SLC) is paid via a company without tax being deducted.
Yahoo! News - financial aid
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Free financial aid event to be held at URG/RGCC
Posted: February 1st, 2012, 10:06pm EST
RIO GRANDE — The University of Rio Grande/Rio Grande Community College (URG/RGCC) will host the statewide college financial aid event “College Goal Sunday” (CGS) at 2 p.m. on February 12, 2012. Th...
bizjournals.com Banking & Financial Services - Venture Capital
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Chipotle Q4 profit soars 24%; eyes 155-165 openings in 2012
Posted: February 1st, 2012, 8:44pm EST by Mark Harden
Chipotle Mexican Grill Inc. rolled to a 24 percent rise in fourth-quarter profit, propelled by a similar jump in revenue, the Denver-based mega-burrito restaurant chain reported Wednesday.
For the quarter that ended Dec. 31, Chipotle (NYSE: CMG) saw net income of $57.5 million, or $1.81 per diluted share, up from $46.4 million, or $1.47 a share, in the fourth quarter of 2010.
Earnings fell just short of analysts’ expectations of $1.83 a share, Thomson Reuters reported.
Q4 revenue came in at $596...
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Morton's backpedals on WPB closure
Posted: February 1st, 2012, 8:39pm EST by Susan R. Miller
Houston-based Landry’s Inc., which took over ownership of Morton’s The Steakhouse on Wednesday, spent its first day dealing with a public relations nightmare. Earlier in the day, Kris Guthrie, Landry's Restaurants VP of marketing, confirmed in an email that The West Palm Beach Morton’s, in the Phillips Point building, was closing. Employees were told to start calling those with reservations to inform them they were being shuttered. But a few hours later, the company admitted it was all just one big mistake... -
4 top Facebook execs earned more than Zuckerberg in 2011
Posted: February 1st, 2012, 8:39pm EST by Eli Segall
Four of Facebook Inc.’s top executives pulled in more “total compensation” than their boss last year. While the value of their Facebook stock holdings isn’t anywhere near CEO Mark Zuckerberg’s, on paper Chief Operating Officer Sheryl K. Sandberg, Chief Financial Officer David A. Ebersman, engineering chief Mike Schroepfer and General Counsel Theodore W. Ullyot all booked higher total pay packages, thanks largely to their stock awards. The disclosures were part of the Menlo Park social networking pioneer’s IPO filing Wednesday, listing last year’s base salaries, bonuses, stock awards and total compensation for its five “named executive officers... -
Labor leaders skeptical of American plan
Posted: February 1st, 2012, 8:28pm EST by Matt Joyce
Labor leaders said they were surprised by the depth of cuts that American Airlines has proposed to emerge from bankruptcy, and they’re carefully reviewing the plan as negotiations commence. Fort Worth-based American Airlines' plan for improving its performance by $3 billion per year includes laying off 13,000 employees, terminating its defined pension plan and outsourcing some maintenance work. The proposals are some of the points that American’s management will be negotiating with employee labor groups as the airline seeks to emerge from bankruptcy a smaller, more competitive company...
Yahoo! News - student loans
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Outcry at student loan boss's tax dodge
Posted: February 1st, 2012, 8:19pm EST
An urgent review has been ordered into the tax affairs of top public officials after it emerged last night that the head of the Student Loans Company (SLC) has been paid his £182,000 package without deductions for tax. Related Stories Cancer drug 'too expensive for NHS' Dean back 'home' in Albert Square Harry Redknapp interrupts evidence to lash out at 'staring' detective Suicide action reduces ...
bizjournals.com Banking & Financial Services - Venture Capital
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Arrow Electronics posts higher Q4 earnings in 1st results report since Colorado move
Posted: February 1st, 2012, 8:14pm EST by Mark Harden
Arrow Electronics Inc., in its first quarterly results report since moving its headquarters to Colorado, posted higher fourth-quarter earnings Wednesday and topped Wall Street forecasts.
The global electronics distributor (NYSE: ARW) relocated its headquarters from Melville, N.Y., to Arapahoe County near Centennial Airport on Nov. 15. It’s now Colorado’s largest public company by revenue.
For the quarter that ended Dec. 31, Arrow reported attributable net income of $174.1 million, or $1.53 per diluted share, up from $157...
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Merit Health sells Texas Hospitals, plans second deal
Posted: February 1st, 2012, 8:08pm EST by Ed Green
Louisville-based hospital operator Merit Health Systems LLC is selling off its current hospital portfolio in separate deals it describes as “successful monetization” of its hospital investments.
Merit, which is led local hospital veteran Ty Wilburn, already completed the sale of San Antonio, Texas-based Nix Health Care System and has an agreement to sell its New Jersey Hospital.
Terms of the deal were not disclosed.
According to a news release from Merit, Nix was sold to Prospect Medical Holdings Inc...
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Mysterious Facebook stock grant went to Zuckerberg family member
Posted: February 1st, 2012, 8:04pm EST by Patrick Hoge
One intriguing detail in Facebook's IPO registration document concerns a mysterious stock grant to a family member of Mark Zuckerberg's who apparently gave the company money early on, and there is mention of "potential related claims." "During 2009, our board of directors authorized us to award two million shares of Class B common stock to a family member of our CEO. This award was made in satisfaction of funds provided for our initial working capital and potential related claims," the document states... -
Slideshow: How to blow $25,000 on Valentine’s Day
Posted: February 1st, 2012, 7:58pm EST by Sarah Duxbury
To all those romantics out there who say you can’t put a price on love, I say: You must not be a member of Bloomspot.
Click the image for a slideshow of what you'll miss if you don't have an extra $25,000 to lavish on your loved one.
The InterWest-backed company is taking the latest trend in the premium daily deal space — the exclusive, curated experience — to its apparently logical conclusion: a $25,000 night (a Tuesday night, no less!) at an oceanfront Big Sur estate.
True, you get far more than a choice between three different bedrooms when you buy this deal...
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Slideshow: Get Motivated in Honolulu
Posted: February 1st, 2012, 7:58pm EST
Thousands of people attended the “Get Motivated” business seminar at the Hawaii Convention Center on Tuesday to hear such speakers as former Secretary of State Colin Powell, Forbes Media Chairman Steve Forbes, former NFL quarterback Joe Montana, former first lady Laura Bush and Rick Belluzzo, former president and chief operating officer of Microsoft, speak about such topics as business skills, leadership and management skills.
Click on the photo for a slideshow.
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Film about Bin Laden’s death to shoot in New Mexico
Posted: February 1st, 2012, 7:57pm EST by Megan Kamerick
A film version of the story behind the killing of Osama Bin Laden will be shot in New Mexico. “Code Name: Geronimo” will begin shooting this month in Santa Fe, according to the New Mexico Film Office. It tells the story of the group of Navy SEALS who conducted the mission to kill Bin Laden in Pakistan, related blow-by-blow last summer in the New Yorker. Tony Mark, a New Mexico resident and the producer of “The Hurt Locker,” will produce, along with Nicolas Chartier and Zev Foreman. John Stockwell will direct...
Yahoo! News - financial aid
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Accepted and Relieved, Until Thoughts Turn to Financial Aid
Posted: February 1st, 2012, 7:21pm EST
For Cassie Dagostino, a senior at Brooklyn Technical High school, has a mother, father, stepmother, stepfather, two half-siblings and five stepsiblings, it can be difficult to apply for financial aid.
Yahoo! News - student loans
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Student loans chief in tax row
Posted: February 1st, 2012, 7:03pm EST
The Treasury is to review the tax affairs of top civil servants after it emerged the head of the Student Loans Company (SLC) is paid via a company without tax being deducted. -
NJ student finds private student loans don't offer same protections as federal student loans
Posted: February 1st, 2012, 5:55pm EST
Last October, President Barack Obama announced a broad initiative to provide relief for college graduates struggling to repay student loans. -
UK & World News: Student loans chief in tax row
Posted: February 1st, 2012, 5:30pm EST
The Treasury is to review the tax affairs of top civil servants after it emerged the head of the Student Loans Company (SLC) is paid via a company without tax being deducted. -
Chief executive of Student Loans Company allowed to avoid £40,000 a year in tax by Coalition
Posted: February 1st, 2012, 4:44pm EST
One of Britain’s top officials has been allowed to avoid tens of thousands of pounds in income tax under a deal approved by the Coalition, it emerged tonight. -
Inquiry As Student Loans Boss In Tax Row
Posted: February 1st, 2012, 4:08pm EST
The Treasury has begun an investigation after it emerged the boss of the Student Loans Company (SLC) was paid as a firm, not as an individual, allowing him to pay less tax.Chief Secretary to the Treasury ... -
What the new student loan plans mean for you
Posted: February 1st, 2012, 1:48pm EST
Unlike a mortgage, with student loans you don't have a tangible asset that you can sell to pay it off and unlike credit card debt, they're notoriously difficult to get rid of even through bankruptcy. Fortunately, two new programs are starting this year to help people tackle this debt. -
BREAKING: Chief executive of Student Loans Company allowed to avoid £40,000 a year in tax by Coalition
Posted: February 1st, 2012, 12:10pm EST
One of Britain’s top officials has been allowed to avoid tens of thousands of pounds in income tax under a deal approved by the Coalition, it emerged last night.
Yahoo! News - financial aid
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Applying for Financial Aid: A Quick FAFSA Primer
Posted: February 1st, 2012, 10:59am EST
With the price of a college education rapidly rising over the last decade, and in the current difficult economic times, students and families are relying on financial aid more heavily -
The Choice Blog: Accepted and Relieved, Until Thoughts Turn to Financial Aid
Posted: February 1st, 2012, 6:19am EST
For Cassie Dagostino, a senior at Brooklyn Technical High school, has a mother, father, stepmother, stepfather, two half-siblings and five stepsiblings, it can be difficult to apply for financial aid.
bizjournals.com Banking & Financial Services - Venture Capital
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iPad helps Apple gain new milestone
Posted: January 31st, 2012, 10:43pm EST
Apple Inc. has passed Hewlett-Packard Co. to become the world's No. 1 maker of personal computers, counting iPads, in the fourth quarter.
Research firm Canalys said the global PC market grew by 16 percent to 120 million computers in the last three months of 2011.
Becoming the worlds' largest PC company is another milestone for the tech company that has been known as an innovator in the tech industry for decades.
Note: Click here to view the slideshow of Apple's innovations.
But taking tablet devices like the iPad out, the market actually declined by 0...
Yahoo! News - financial aid
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Thai-ASEAN News Network - Cabinet to Approve Additional Financial Aid for Flood Victims
Posted: January 31st, 2012, 10:15pm EST
Additional financial aid for flood victims in Bangkok and other 53 provinces have been approved by the Cabinet meeting, while the prime minister urged officials to expedite the canal dredging process to drain out water before the rainy season.
bizjournals.com Banking & Financial Services - Venture Capital
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Gates Foundation invites the world in with new visitors center
Posted: January 31st, 2012, 9:54pm EST by Valerie Bauman
Several months ago, I saw a young mother with a baby strapped to her in a sling walk through the front doors of the Bill & Melinda Gates Foundation, wander up to the front desk and ask, “What do you guys do?”
The people at the front desk stifled a laugh and clearly weren't sure what to say. They told her the foundation does a lot of things. They handed her one of the pamphlets sitting on the counter and she wandered away, apparently no more enlightened than when she walked in.
Should the woman come back to visit the foundation next week, she would probably walk away with a better answer after a tour through the brand-new Gates Foundation visitors’ center, opening Feb...
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In State of City address, Brewer proposes 'public engagement process'
Posted: January 31st, 2012, 9:41pm EST by Bill Roy
Mayor Carl Brewer wants to get together and talk.
In Tuesday night's State of the City address, Brewer ended by announcing what he calls a “public engagement process” to discuss important issues facing the city.
The mayor outlined some of the city's successes over the past year, including landing Southwest Airlines, reducing the city's debt service and streamlining city government.
He ended by asking a series of questions, including:
• “How do we continue to fund our economic initiatives that allow us to keep jobs for our people?”
• “How do we continue to reduce our reliance on manufacturing jobs and instead diversify into other industries?”
• “Will we be left behind or will we step up, working together to protect our quality of life and our people?”
He asked the capacity crowd in the City Council chamber if they would join him in “committing to finding long-term solutions to the challenges we face...
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Kovacevich-Buffet phone call led Wells Fargo to investment banking
Posted: January 31st, 2012, 9:17pm EST by Ed Stych
Wells Fargo & Co. is expanding into the investment banking business partially due to a 10-minute phone call between former Wells CEO Dick Kovacevich and Warren Buffett.
Bloomberg Markets Magazine details that turning point in Wells Fargo's decision to embrace investment banking — something the bank has shied away from until now.
That phone call was more than two years ago, but some analysts say the bank is now turning to investment baking to fuel growth because of new restrictions on overdraft and debit card fees...
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Mayor outlines plans to bring new jobs to Covington
Posted: January 31st, 2012, 8:48pm EST by Dan Monk
Covington Mayor Chuck Scheper has outlined an expanded package of tax rebates to lure new jobs to the Kentucky's fifth-largest city.
In his first state of the city address at the Madison Events Center Tuesday, Scheper said "the issue of white collar job loss is very serious" for Covington, which lost $1.2 million in tax revenue when Omnicare Inc. and Nielsen decided to relocate to downtown Cincinnati.
"If you think we've lost our last business to our sister city to the north, you only need to know that Cincinnati has a 2 million-square-foot glut of office space...
Yahoo! News - financial aid
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Student Wage Allotments Cut for Non-Financial Aid Pomona Students
Posted: January 31st, 2012, 8:42pm EST
In recent budget cuts, Pomona College slashed an estimated $400,000 from campus job allotments, capping total annual earnings for students not on financial aid at $1,000. The cut, the second largest in size of the 2009-2010 school year, is almost 17 percent of the $2.38 million previously allocated for student wages.Roughly half of the student body does not receive financial aid and is therefore ...
bizjournals.com Banking & Financial Services - Venture Capital
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Stonegate Bank grows earnings, loans in Q4
Posted: January 31st, 2012, 8:40pm EST by Brian Bandell
Stonegate Bank boosted both its earnings and its loan production in the fourth quarter.
The Fort Lauderdale-based bank (OTCBB: SGBK) reported net income of $2.8 million, up from net income of $1.6 million in the third quarter and net income of $925,000 in the fourth quarter of 2010. It has turned a profit for 24 consecutive quarters.
The annual results were also positive as the bank earned $11.5 million in 2011, up from earnings of $3.5 million the year before. The 2011 results include $18.8 million in purchase gains from when Stonegate Bank acquired Southwest Capital Bank and the failed First Commercial Bank of Tampa Bay...