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When evaluating performance, avoid some common mistakes

As an investor, you might think it's easy to evaluate your investments" performance. After all, the bigger the gain, the better, right? This statement is true enough, but as an investment strategy, it's incomplete - and, if followed rigidly, it could lead you to make some mistakes that could hinder your progress toward your financial goals.

April 08, 2010 | By Frank Bevenour | Business


Clock ticks on tax credit extension

Effingham County residents can benefit from the Homebuyer's Tax Credit Extension legislation, which has been extended to include sales occurring between Jan. 1, 2009 and April 30.

April 08, 2010 | Staff Report | Business


A sweet day for Sweetwater Grill

Sweetwater Grill co-owners Wyatt Aiken and Lori Masters couldn't have been happier as members of the Effingham Chamber of Commerce gathered Saturday morning for a formal ribbon cutting, to welcome the new restaurant to the county.

April 05, 2010 | Staff Report | Business


A double celebration

The Effingham County Chamber of Commerce held a ribbon cutting Thursday as Troy Allen opened his new business as the representative for Grant Financial and New York Life on Thursday afternoon. The event also marked the sixth anniversary of Burns Insurance Associates, owned by Brooke Burns.

April 05, 2010 | Staff Report | Business


State eyes huge impact from EFACEC

EFACEC's power transformer manufacturing plant outside of Rincon looks to play a vital role in re-energizing the regional economy with a net state impact of $23.75 million and an additional Effingham County impact of $39 million by 2017, according to figures from the Georgia Department of Economic Development's Global Commerce Division.

April 05, 2010 | Staff Report | Business


Upgrades continue throughout Rincon

Georgia Power is getting ready to upgrade transformers in the Rincon commercial area in advance of a planned power outage April 12. The affected area will include the Subway Shop, the Sonic, the Days Inn, Effingham Herald offices and others in the commercial center along Highway 21.

April 05, 2010 | By Rick Lott | Business


Effingham Hospital Employee of the Year

Christine Hendrix, the social service coordinator at the Effingham Care Center, was named the Effingham Hospital and Care Center employee of the year for 2009.

April 01, 2010 | Staff Report | Business


Goody’s welcomed back to square

It didn't take long for the crowds to start filling up the reborn Goody's in Rincon.

March 25, 2010 | By Patrick Donahue | Business


Georgia Ports riding a wave of increased trade

Georgia Ports Authority's Executive Director Curtis J. Foltz announced Monday at its board meeting that the GPA continued to experience positive growth during February and has recorded three consecutive months of increased trade through its ports.

March 22, 2010 | Staff Report | Business


Back in business

The finishing touches are going in place for the rebirth of Goody's. District manager Phillip Brown and store manager Mark McDuffie, and a host of employees, are preparing the Fort Howard Square anchor for its March 24 grand opening. A ribbon cutting will take place at 8:45 a.m. that day, with the doors swinging open at 9 a.m. The total process started months ago, Brown said, when the company decided to get back into the ...

March 18, 2010 | By Patrick Donahue | Business


Notable achievements at Effingham Hospital

Kay R. Zettler, RHIT, recently completed the American Health Information Management Association in Chicago Cluster Coding certification

March 16, 2010 | Staff Report | Business


GSU seminar to cover ADA responsibilities for managers

Georgia Southern University invites business leaders to attend a 90-minute seminar and learn how the Americans with Disabilities Act affects them.

March 13, 2010 | Staff Report | Business


Metro jobless rate jumps

ATLANTA –- The Georgia Department of Labor reported Wednesday that the preliminary unadjusted unemployment rate in metro Savannah rose to 9.3 percent in January, up eight-tenths of one percentage point from a revised 8.5 percent in December. Meanwhile the number of unemployed workers in the area increased to 16,315, up 1,496 from 14,819 in December.

March 13, 2010 | Staff Report | Business


A year after market low, how should you invest?

It's been about a year since stock prices hit their low point during the long bear market. Since then, of course, we've seen a big rally, but some of the decisions you made when the market was at its lowest point may still be affecting your portfolio's performance and prospects. So now that we've reached the one-year anniversary of the market bottom, it's a good time to see where you are today and how you can prepare for tomorrow.

March 13, 2010 | By Frank Bevenour | Business


USDA revises farmers trade aid program

Hobby Stripling, state executive director of USDA's Farm Service Agency in Georgia announced that USDA has a revised Trade Adjustment Assistance for Farmers Program. Under the program, the USDA provides technical assistance and cash benefits to eligible producers of raw agricultural commodities and fishermen who have been hurt by import competition.

March 13, 2010 | Staff Report | Business


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Articles by Section - Business


The Pit opens for business in Rincon

Cindy and Rob VanNorman and the staff of The Pit American Bar and Grill cut the ribbon along with Effingham Chamber of Commerce representatives Aug. 20 at the restaurant's grand opening.

August 22, 2011 | Staff Report | Business


State jobless rate jumps to 10.1 percent in July

ATLANTA-State Labor Commissioner Mark Butler said Thursday that Georgia's seasonally adjusted unemployment rate rose to 10.1 percent in July, up two-tenths of a percentage point from 9.9 percent in June. The state's jobless rate was also 10.1 percent in July a year ago.

August 19, 2011 | Staff Report | Business


Barrow to host job fair at Savannah Civic Center

U.S. Rep. John Barrow (D-Savannah) is hosting a local job fair Aug. 24 in Savannah to pair 12th District job seekers with local employers looking to hire.

August 19, 2011 | Staff Report | Business


Olliff promoted to small biz relationship manager

SAVANNAH-The Coastal Bank recently promoted Wesley Olliff to small business relationship manager. In his new position, Olliff will work closely with local small businesses, providing comprehensive financial solutions tailored to meet their banking needs. He will be based at the bank's Stephenson Avenue office.

August 19, 2011 | Staff Report | Business


Georgia Power names energy education coordinator

ATLANTA-Continuing its implementation of the statewide education initiative to increase awareness and understanding of the importance of using energy wisely and efficiently, Georgia Power announced the selection of Wayne Grimes as the energy education coordinator in Georgia Power-served schools in Bulloch, Camden, Chatham, Effingham, Glynn, Liberty and other coastal Georgia counties.

August 15, 2011 | Staff Report | Business


Hospital to present Helmey Award

People who offer extraordinary service in their everyday job can find satisfaction in their work by hearing a word of thanks or receiving a simple smile. Effingham Hospital and Care Center believes its top employees deserve more than these simple gestures, and instead feels strongly about offering special recognition opportunities to those who go above and beyond.

August 15, 2011 | Staff Report | Business


GPA deal could benefit biofuels, Brunswick port

SAVANNAH-The Georgia Ports Authority and Logistec USA, Inc. signed a partnership Thursday that will modernize the East River Terminal at the Port of Brunswick to facilitate the growing international market for wood pellets. Logistec, a leading marine and environmental services provider, will invest $5 million to expand the biofuel export market in Georgia and increase capacity for handling a broad range of general and bulk cargo. "We welcome this renewed partnership with Logistec ...

August 11, 2011 | Staff report | Business


Farmers could get income tax break for conserving land

Would you be surprised to learn Congress has made it possible for you to pay no federal income tax for the next 16 years?

August 11, 2011 | Staff report | Business


Savannah Tech, Workforce Development to hold town hall

SAVANNAH-Savannah Technical College will host one of several statewide town hall meetings on the development of a Soft Skills curriculum for middle and high school students as a part of a broader initiative of the Governor's Office of Workforce Development, led by Director Melvin Everson. The purpose of the meetings is to unite Georgia as it works to establish an effective set of soft skills to ensure that the emerging workforce is prepared to achieve ...

August 08, 2011 | Staff Report | Business


DOT seeks review, comments at local meetings

The Georgia Department of Transportation (GDOT) will be presenting the Draft FY 2012 -2015 Statewide Transportation Improvement Program (STIP) for public review and comment.

August 08, 2011 | Staff Report | Business


Concerted Services applies for weatherization grant

Moving forward with a goal to invest in lives and transform communities, Concerted Services, Inc. is applying for a weatherization grant with the Department of Agriculture's Rural Housing Service. The purpose of this submission is to meet more housing needs in Southeast Georgia. According to the grant's notice of funding, a statement of activities must be made available to the public.

August 04, 2011 | Staff Report | Business


GSU course preps HR pros for national exam

Starting Sept. 6, this fall's 12-week Certificate in Professional HR Management class in Savannah provides an in-depth study of key areas in human resources.

August 01, 2011 | Staff Report | Business


Heritage parent reports net loss

ALBANY-Heritage Financial Group, Inc. (NASDAQ: HBOS), the holding company for HeritageBank of the South, announced unaudited financial results for the quarter ended June 30. Key aspects of the Company's results for the second quarter of 2011 include:

August 01, 2011 | Staff Report | Business


State helps citizens claim $6.2M more in disputed claims

ATLANTA-In the first six months of 2011, Insurance Commissioner Ralph T. Hudgens' said his department has helped thousands of Georgians settle disputes with their insurance companies in the first six months of 2011. Without his help, Hudgens said, policyholders might not have seen the $6.2 million of insurance claims that was returned.

August 01, 2011 | Staff Report | Business


GSU launching OSHA seminar series

Georgia Southern University will launch a series of workplace health and safety training seminars in Savannah and Statesboro this summer and fall.

August 01, 2011 | Staff Report | Business


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