Business briefs: Buchanan urges airline to maintain service between SRQ and D.C.

December 7, 2013 

Buchanan wants to keep SRQ-D.C. service

MANATEE -- U.S. Rep. Vern Buchanan will be hosting a press conference with Sarasota International Airport Authority Chairman Jack Rynerson on the need to maintain nonstop flight service between Sarasota-Bradenton International Airport and Washington Reagan International Airport.

The impending merger between American and U.S. Airways set to be finalized Dec. 9 has put the flight in jeopardy. The press conference will take place at noon Monday at the airport.

Agent wins a Lexus through an M&I event

Tina Doxtator, an agent with Keller Williams On The Water, won a brand new 2014 Lexus through M&I's One Night, One Event, One Lexus, One Winner event.

M&I Homes held a contest for all area agents to sell an inventory home in any of their communities. Doxtator sold a home in M&I's Creekside Preserve located in Parrish. She was notified a few weeks later that to be eligible to win the 2014 Lexus she needed to be present at the A La Carte Pavilion.

She was one of 400 agents to qualify to win, but she had the winning key to the car.

Flood insurance forum with Buchanan scheduled

SARASOTA -- Congressman Vern Buchanan will host a public forum with the Federal Emergency Management Agency to discuss changes to the National Flood Insurance Program.

The Chief of FEMA's Floodplain Management and Insurance Branch, Susan Wilson will attend Tuesday's 10 a.m. meeting in Sarasota to discuss what the changes mean for the program and the community, as well as the timing of these changes. Manatee County Floodplain Manager Sandy Tudor and Sarasota County Community Rating System Coordinator Desiree Companion will also be available to discuss local implementation and help respond to constituent concerns.

The event will be held Tuesday at 10 a.m. at Sudakoff Center at New College of Florida, 5845 General Dougher Place, Sarasota.

B&N shares fall on news of SEC investigation

Shares of Barnes & Noble fell on Friday after the company said it was cooperating in a Securities and Exchange Commission investigation into its accounting.

The SEC told the bookseller Oct. 16 that it was investigating the company's restatement of earnings announced in July as well as an employee allegation that it improperly allocated some information-technology expenses between its Nook and retail segments, according to a filing made after the market closed Thursday.

Barnes & Noble has been working on a turnaround in the face of tough competition and customers increasingly choosing digital books, music and video.

Shares fell $1.23, or 7.5 percent, to $15.16 in midday trading. The stock is up about 9 percent since the beginning of the year.

-- Herald staff and wire reports

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