LAKELAND -- Publix Super Markets Inc.'s stock price has increased to $33.85 per share, the company announced Thursday.
The new price is up $1.35, or 4.2 percent, since the last valuation in May. The price of Publix stock is determined by the company's board of directors, using an independent appraisal.
Shares are not publicly traded, and are sold only to employees and board members.
Lakeland-based Publix was scheduled to release its second-quarter financial results on Friday. First-quarter profits were $493.7 million, up 4.8 percent from the year before.
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Smart tech comes to Longboat Key condos
LONGBOAT KEY -- The latest new home technology is coming to some condominiums under construction on Longboat Key.
The "INFINITY Smart Home System" features an integrated controls system for lighting, multimedia home entertainment, motorized shades, thermostat and locks as well as providing real-time streaming video for security cameras. With every system in the residence connected on a single platform, all devices work together whether the owner is home or in a meeting far away.
Sarasota-based tech company Wicked Smart Homes, developed the system specifically for INFINITY, allowing each homeowner to create customized "soft touch" buttons with pre-set functions.
INFINITY homeowners will be able to access and operate the system from anywhere in the world via their iPhone, iPad or other wireless phone, tablet or computer system.
INFINITY Longboat Key is a private beachfront condo community featuring customizable open floor plans with terraces offering views of the Gulf of Mexico.
Gov't meets goal for small business contracts
NEW YORK -- The government has reached its annual goal of giving small businesses 23 percent of contracts for the first time in eight years.
Small companies received 23.39 percent of federal contracts in the fiscal year ending Sept. 30. The contracts were worth $83.1 billion.
Small Business Administration head Maria Contreras-Sweet made the announcement Friday.
The 23 percent goal is for primary contracts awarded by the government as a whole.
All but five agencies met individual goals. Those five were the Departments of Defense, Energy, Homeland Security and Justice and the National Science Foundation.
The government didn't meet its goal to give small businesses 36 percent of subcontracts.
House Small Business Committee Chairman Sam Graves, R-Mo., who sponsored contracting legislation in recent years, wants the government's goal raised to 25 percent.
-- Herald staff and wire reports