Two more deals sites launch in Austin (really) — blog

By On July 29, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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Two more daily deals websites have added Austin to their service list.

Saveology and BuysForBrides.com were the latest to join the ever-expanding roster of virtual coupon peddlers. Like most launched in the wake [...]

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Cedar Park storage facility sold

By On July 29, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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The Hill Country Self Storage facility in Cedar Park was sold for an undisclosed amount.

Local resident Don Clauson purchased the 68,777-square-foot site from Legend Communities. The Class A storage facility, built in [...]

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Hanger Orthopedic revenue jumps 14 percent

By On July 27, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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Hanger Orthopedic Group Inc. reported $15.4 million net income on $234.8 million revenue during the recent quarter, up from a $9.8 million profit on $205.8 million net sales during the same three months [...]

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IPO activity back to pre-recession levels

By On July 27, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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The .S. initial public offering outlook improved in the recent quarter, hitting the highest number of potential deals since the recession started in 2007.

The number of companies looking to go public reached [...]

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Cullen/Frost posts hearty second-quarter earnings

By On July 27, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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Cullen/Frost Bankers Inc. generated its second-highest quarterly net income ever in the recently ended period.

The San Antonio-based financial holding company earned a $55.7 million profit in the second quarter this year, or [...]

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Apple stock closes first time over $400

By On July 27, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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Apple Inc. shares breached $400 for the first time on Tuesday and stayed there, finishing the day at $403.36.

The Cupertino, Calif. company’s (Nasdaq:AAPL) shares have been rising steadily since it reported blowout [...]

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Apple-Google patent war drives up prices

By On July 27, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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The growing war between Google Inc. and Apple Inc. to buy up patents reportedly could drive up the price of the latest target, Interdigital Inc., above the $4.5 billion that Nortel’s intellectual property [...]

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U.S. new home sales fall in June

By On July 26, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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New home sales fell for the second consecutive month in June, according to U.S. Commerce Department data released Tuesday.

National new homes sales, which represent a fraction of the overall housing market, fell [...]

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Silicon Labs profit, revenue down in Q2

By On July 25, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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Silicon Laboratories Inc. reported a $13.4 million profit on $126.2 million revenue in the recent quarter, down from $21.1 million net income on $134.6 million revenue during the same three months last year.

[...]

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Austin unemployment jumps to 7.6 percent, job creation flat in June

By On July 22, 2011 · Leave a Comment

Austin Business News – Local Austin News | Austin Business Journal
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The Central Texas region experienced a significant increase in unemployment last month, rising to 7.6 percent from 6.8 percent in May, according to the Texas Workforce Commission.

The region from Round Rock to [...]

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