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Archive By Section - Business

Atlantic Southern records 2Q loss

Atlantic Southern Financial Group (NASDAQ: ASFN) reported a net operating loss of $4.3 million, or $1.01 per diluted share, for the second quarter of 2009. The net operating loss was primarily driven by elevated credit costs including a $5.7 million provision in the allowance for loan losses.

August 06, 2009 | Staff Report | Business

Can you invest for college or retirement?

You most likely need to save and invest for retirement. But if you have children, you also may want to put money away for their college education. Are these two goals mutually exclusive?

August 06, 2009 | Frank Bevenour Guest Columnist | Business

Stores, shoppers ready for sales tax free weekend

In spite of a down economy, Georgia's tax-free shopping will take place this weekend.

July 30, 2009 | Rick Lott | Business

Adding to the collection

SAVANNAH - The goal, Richard Kessler said, is to have exuberant guests.

July 30, 2009 | Patrick Donahue Editor | Business

IDA: Tier status isn’t helping Effingham

The Effingham Industrial Development Authority continues to host prospects, but CEO John Henry warned members that the county's own success may be a detriment.

July 30, 2009 | Patrick Donahue Editor | Business

Chamber backs ‘Pack-A-Pack’

It's back-to-school time. Join the Effingham County Chamber of Commerce in welcoming students back to school.

July 30, 2009 | Staff Report | Business

Housing market on the rebound?

A two-year decline in real estate sales is showing signs of slowing, according to local real estate professionals.

July 27, 2009 | Rick Lott | Business

Grandview group urges county action

The group marketing an expansive tract off Old Augusta Road is ready to bring in prospects - but they need water, sewer and roads, too.

July 27, 2009 | Patrick Donahue Editor | Business

Have your parents made their financial plans?

As an adult, you're fortunate if you still have your parents. However, as they get older, you may well have to assist them in some key areas of their life. Specifically, they may need you to get involved in some of their financial issues. And if you do, you may need to focus on two areas: leaving a legacy and managing finances during retirement.

July 27, 2009 | Frank Bevenour Guest Columnist | Business

Metro Savannah jobless rate rises to 8.6 percent

ATLANTA - The Georgia Department of Labor reported that the preliminary unadjusted unemployment rate in the metro Savannah area rose to 8.6 percent in June, up seven-tenths of one percentage point from a revised 7.9 percent in May.

July 27, 2009 | Staff Report | Business

Volume down, but Savannah keeps status as 4th-busiest port

Georgia Ports Authority's Chairman of the Board Steve Green announced the GPA handled more than 2.4 million TEUs (20-foot Equivalent Unit containers), added additional services and maintained its position as America's fourth highest volume container port in fiscal year 2009.

July 27, 2009 | Staff Report | Business

Effingham Chamber to offer ID theft prevention seminars

The Effingham County Chamber of Commerce will hold a second in a series of Identity Theft Prevention Seminars on Aug. 12-13.

July 27, 2009 | Staff Report | Business

Stoner steps down from Chamber

Effingham County Chamber of Commerce Director Ken Stoner is stepping down from his position, and his last day on the job is today.

July 23, 2009 | Patrick Donahue Editor | Business

Durrence joins Reiser and Reiser

Kendra Zittrouer Durrence recently joined Reiser and Reiser CPAs, LLC, as a staff accountant. Her responsibilities include tax preparation, general accounting and small business consulting.

July 23, 2009 | Staff Report | Business

The Marketplace coming to Savannah Mall

Savannah Mall announces The Marketplace at Savannah Mall, a new indoor shopping destination that convenes neighborhood-style shops with dazzling and curious wares.

July 20, 2009 | Staff Report | Business

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Articles by Section - Business

French company to open operation in Effingham

DRT, a specialist in processing rosin and turpentine oil distilled from pine resin since 1932, announces plans to purchase land in Effingham County. This marks ...

October 07, 2015 | Staff report | Business

Time for annual 401(k) review?

Once you've started contributing to your 401(k) plan and funded it with investments that are appropriate for your needs, you might think you ...

October 06, 2015 | By Ryan Waters | Business

Kolovich joins Optim Orthopedics

Optim Orthopedics has added orthopedist Gregory Kolovich, MD, who will be seeing patients in Rincon. Having recently completed his fellowship, Dr. Kolovich joins Optim from ...

October 06, 2015 | Staff report | Business

What’s smarter — paying off debts or investing?

It probably doesn't happen as much as you'd like, but from time to time, you have some extra disposable income. When this happens ...

September 29, 2015 | By Ryan Waters | Business

Unemployment in Effingham falls to 5.1 percent

ATLANTA-The Georgia Department of Labor announced Thursday that unemployment in Effingham County was down to 5.1 percent for August, a drop from the ...

September 29, 2015 | Staff report | Business

After another big year, port projects even more growth

In his annual state of the port address, Georgia Ports Authority Executive Director Curtis Foltz reported on a year of extraordinary growth, and provided a ...

September 29, 2015 | Staff report | Business

Palmetto Pipeline plans still going forward, executive says

The company proposing to build a billion-dollar pipeline through much of southeast Georgia, including Effingham County, expects to submit its environmental permit applications later this ...

September 29, 2015 | By Patrick Donahue | Business

A new name, a new future

Called a re-grand opening, Saturday's event at Georgia Transformer served as a commitment from the plant's new management to the Rincon facility.

September 29, 2015 | By Patrick Donahue | Business

Container volume up 16.6 percent at port

At the Georgia Ports Authority board meeting Monday, Executive Director Curtis Foltz reported a 16.6 percent calendar year to date increase in container volumes ...

September 22, 2015 | Staff report | Business

Charitable giving pays off — for everyone

Americans are pretty generous - in fact, 83 percent of us donated money to charitable organizations last year, according to a Gallup survey.

September 22, 2015 | By Ryan Waters | Business

Moon River says default will be rectified soon

A default on Moon River Studios' purchase of a Florida movie and lighting equipment is expected to be resolved shortly, the studios' board chairman said ...

September 22, 2015 | By Patrick Donahue | Business

Isakson calls start of Savannah port dredging 'a great victory'

WASHINGTON, D.C.-U.S. Sen. Johnny Isakson, R-Ga., applauded the official beginning of the Savannah Harbor Expansion Project as dredging began to deepen the ...

September 16, 2015 | Staff report | Business

Economic monitor predicts more growth

Armstrong State University's latest Coastal Empire Economic Monitor reports the Savannah-metro economy continues its streak of winning growth through the first half of 2015 ...

September 16, 2015 | Staff report | Business

What to do with an inheritance

Will you ever receive a sizable inheritance? You can't plan on it. But if you do get one, you can plan on using it ...

September 15, 2015 | By Ryan Waters | Business

Moon River expects groundbreaking soon

With several of its benchmarks now out of the way, Moon River Studios is gearing up for a new groundbreaking.

September 15, 2015 | By Patrick Donahue | Business

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