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Columbia Real Estate Update 8-24-2011

Posted By: Craig Summerall In: Local News
Date: Wed, Aug 24th 2011 2:29 pm


S.C. banks trim payrolls; profits return

Banks in South Carolina cut more than 2,000 jobs collectively over the past year and returned to profitability, according to new data from the Federal Deposit Insurance Corp. The data tallies information from all insured institutions operating in the state.

Progress, Duke shareholders approve merger

Under the merger agreement announced Jan. 10, and approved, each share of Progress Energy's common stock will be converted into 2.6125 shares of Duke Energy common stock upon closing of the merger, to be adjusted for the reverse stock split approved by Duke Energy shareholders.

SRNL a National Safety Council Industry leader

The National Safety Council said Savannah River National Laboratory, operated for the U.S. Department of Energy by Savannah River Nuclear Solutions, has been awarded a 2011 Industry Leader Award.

USC briefs Energy Secretary on hydrogen economy

The meeting was an opportunity to give Chu an overview of fuel cell and energy research at USC and the state's leading role in promoting the hydrogen economy and future fuel sources nationally and globally.

Three Columbia businessmen sentenced for fraud

All three were ordered to service time in prison, home confinement and to pay $55,000 toward a total restitution figure of $165,000 owed to the victim, Bayer Healthcare.

Job of the Week

Hawkes Learning Systems is seeking a full-time sales professional in educational courseware based in Charleston. A successful candidate should have one to three years' experience. A bachelor's degree, 3.5 GPA, and strong math skills are required. Duties include nationwide travel to sales presentations, trade shows, and implementation meetings; heavy phone work; market research; and maintenance of contact database. Learn more or apply here.

The Daily Report is published by the Columbia Regional Business Report,
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