October 2011 News
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VSU Names Five Distinguished Alumni of the Year
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Chexar Networks, Inc. To Create 500 Jobs In Crisp County
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SunTrust Responds to Client Feedback, Eliminates Check Card Fee
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Online Labor Demand Dips 13,600 in October
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Venture Investment in China Climbs in Third Quarter
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Nearly 60% of Business Owners Use Social Media Tools to Communicate With Their Customers
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September U.S. Containerized Imports Fall 6% From August as Retailers Restrain Inventories
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Restaurant Performance Index Rose Above 100 in September, as Sales and Traffic Levels Improved
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Only 17% of Americans Report Better Financial Situation than One Year Ago
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Metro Valdosta’s Unemployment Rate Unchanged at 9.3% in September
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Georgia-Based Newell Rubbermaid Posts Q3 Loss, Cutting 500 Jobs
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JP Morgan Chase Won't Charge Its Customers a Debit Card Fee
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Commercial Real Estate Execs Trim Expectations Amid Weak Job Growth. Regulations
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Study Reveals Inflation Can Reduce a Retiree's Purchasing Power by 68%
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Nearly Half of Metros Areas Still Losing Jobs
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Georgia Keeps AAA Bond Ratings
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Synovus Reports Profit for Third Quarter of 2011
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Aflac Beats 3Q Estimates, Raises Dividend
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Georgia Small Business Development Center Turns to Franchising to Help Create Jobs
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Turnaround Activity Sees Small Bounce
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Two-thirds of Americans Rate Job Market in Their Region as Bad
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More Small Businesses Turning to Asset-Based Lending
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The Conference Board Leading Economic Indexfor the Euro Area Continued to Decline in September
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VSU Presents "Coffee is Hot" Symposium
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Sitel Adding 150 Positions to Augusta, GA Customer Care Call Center
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Deepening Vital to Savannah Port, Regions Continued Success
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Southern Company Reports $916M Profit in Q3
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Despite Availability of Capital, Commercial Real Estate Industry Facing Long Grind to Recovery
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Optimism for the U.S. and World Economy Hits All-Time Low, According Q3 2011 Manufacturing Barometer
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Companies to Pay More for Plane Tickets and Hotel Rooms Next Year
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Visa’s Quarterly Profit Beats Estimates as Credit-Card Spending Increases
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Hailo USA Bringing 200 Jobs To Georgia
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Delta Q3 Profit Grows Despite Fuel Costs
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Regions Financial Posts $101M Profit for 3Q
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The Conference Board Consumer Confidence Index Declines
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Survey Finds 30% of Invoices Paid Late; 3% Defaulted On
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North American Hotel Industry Sees Growth in 2012
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Truck Tonnage Index Increased 1.6% in September
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Solid US Corporate Earnings Continue in Third Quarter
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Corporate Cash Hoarding Rises in 3Q, Slows Year-Over-year
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FedEx to Boost Holiday Hiring 18% to 20,000 as Seasonal Deliveries Climb
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52% of Shoppers Will Spend $500 or More on Gifts This Holiday Season
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Public Sector Employers Struggling With Benefit Costs
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Venture Investment Into US Companies Rises in Third Quarter of 2011
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To Create Jobs, America Can Learn from China
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Southwest Georgia Financial 3Q Results Up, Driven By Valdosta Market
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Georgia’s Jobless Rate Increases to 10.3 Percent in September
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The Conference Board Leading Economic Index for the U.S. Increases Slightly
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US Healthcare Costs Rise 5.73% Over the 12-Months Ending August 2011
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Small Businesses Lead the Way in Green Technology Innovation
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U.S. Mobile Social Media Audience Grows 37% in the Past Year
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Indicator Reveals Investors are Still Bullish but Expect Increased Inflation
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Georgia Companies Join State Trade Mission To Mexico
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The SB Authority Index Continues to Show Tepid Growth in the Small Business Economy
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Construction Industry to Remain Flat in 2012, Report Says
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The Conference Board Leading Economic Index for China Increased Again in August
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Longer Loan Closing Timeframes and Increased Rates in U.S., Survey Reveals
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Coca-Cola Third Quarter Revenue Up 45%
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Stock Deals Outperform Cash Deals, Defying Past Trends
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IT Employment Continues Ascent in September
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U.S. Businesses Increase Time It Takes to Pay Bills in Q3
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Bank of America Reports Third-Quarter 2011 Net Income of $6.2 Billion
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Packaging Corporation of America Reports $42M Net Income
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Georgia-Based Suniva to Supply Solar Panels to Residential Leasing Program
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Consumer Spending Index Sinks to Lowest Level Since May 2009
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IT Execs View Security & Privacy, Cloud Computing & Social Media as Top Priorities
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Lowes to Close 20 Stores, Cut 2,000 Jobs
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Wells Fargo Reports Record $4.1B Third-Quarter Profit
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U.S. Companies Lead Pack as Acquirers of Emerging Market Companies in First Half of 2011
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Hedge Fund Index Falls 3.20% in September - Over $24B Allocated to Hedge Funds Year to Date
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October 2011 Housing Report: Rental Demand Rising
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Piedmont Bank of Gray Fails, 20th Georgia Bank to Fail in 2011
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Hartsfield-Jackson Passenger Traffic Up for Eighth Month in a Row
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87% of U.S. Consumers Expect to Spend Same or Less in 2011 Holiday Season
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Air Ticket Sales by U.S. Travel Agents Running 6% Ahead of Last Year
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Georgia Governor Announces Higher Education Funding Commission
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Home Sales Remain Higher than Last Year, Prices Fall Modestly
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U.S. Containerized Exports Reach Three-Month High in August
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Ex-Im Bank Export Financing Sets Record High
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Governor to Lead Economic Trade Mission to Asia
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Georgia Center For Nonprofits Announces New Georgia Leadership Initiative
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Georgia's Graphic Packaging Reducing Workforce, Closing Indiana Plant
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CFO Optimism Plummets as Global Economic Woes Persist
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Commerce Index Falls for the Third Month in a Row - Down 1.0% in September
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MIT, Stanford Named at the Top of U.S. College Rankings
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Global Handset Revenue to Yield Nearly $1.3 Trillion in 2011-2016 Period
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Verizon Foundation Awards Over $100,000 to Georgia Non-Profits
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The Conference Board Employment Trends Index Declines in September
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CEO Confidence Declines Again
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September Housing/Finance Indicators Show Consumers Pessimistic About Economy
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Business Monitor International Warns of China's Economic Slowdown
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Delta Wins Top Airline Honors from Business Travel News Survey
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Smartphones and Tablets Drive Nearly 7 Percent of Total U.S. Digital Traffic
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Mid-Market Executives Increase Long-Term Investments Despite Economic Uncertainty
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Private Equity Fund-Raising Falls in U.S.; European Fund-Raising Exceeds 2010 Total
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OPEC Crude Oil Output Drops to 30 Million Barrels per Day in September
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Georgia September Revenue Numbers Up 5.6 Percent
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U.S. Unemployment Rate Plateaus, As Hiring Speeds Up
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Small Business Owners Downgrade Outlook for U.S. Economy, Dismiss Hiring Incentives
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Worker Confidence Rebounds Following Three Consecutive Months of Decline
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Study Shows the Strength, Resiliency and Viability of the Middle Market
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October 2011 Hiring Weak, Recruiting Tough, Compensation Up
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Hedge Fund Index Fell 4.23% in September
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Consumer Confidence Remains Flat For Third Straight Month
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Demand For U.S. Office Sector Continues on Positive Trajectory
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Airlines Record Fifth Successive Month of 5% Capacity Growth Worldwide
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August Home Price Index Shows Month-Over-Month and Year-Over-Year Decline
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Delta Air Lines September Traffic Down Slightly
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Georgia Fabrication Company Awarded NATO Contract
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Investor Sentiment Index Declines Sharply In Third Quarter of 2011
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Funded Status of U.S. Pensions Falls to 70.1 Percent in September
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Commercial Real Estate Execs See Improving Revenue
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Board Confidence Index for 3Q 2011 Shows Director Confidence at All Time Low
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U.S. Companies Add $9.6 Billion to Dividend Payments in Third Quarter
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Georgia's Global Payments Q1 Profit Up 30%
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Netflix Abandons Plan to Separate DVD, Streaming Services
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Apple Launches iPhone 4S, iOS 5 & iCloud
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U.S. CFOs Still See Opportunities as Outlook Dims for U.S. and Global Economies in 3Q
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Travel Outlook Strong for Remainder of 2011
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Kohl's Department Stores Anticipates Hiring More than 40,000 Associates for Holiday Season
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U.S. Office Market Sees Absorption Rates Eclipse 2010 Levels by More Than 75 Percent
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Boeing Projects $760 Billion Market for 7,530 New Airplanes in North America
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Venture Atlanta Revs Up Jobs Creation Across Georgia
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Bank Failures Decline 42% in 2011
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Average Cost of Health Coverage per Employee is Expected to Top $10,000 by 2012
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Foreclosure Starts Rose Nearly 20% in August
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Surprising Appetite for Mergers & Acquisitions Despite Market Turbulence
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Despite Revenue Pressures, Few Countries Changed Top Personal Income Tax Rates in 2011
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Auto Loan Originations Now Consistent With Pre-Recession Levels
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Pending Home Sales Decline in August but Remain Above a Year Ago
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State’s Official Tourism Website Goes Mobile
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Georgia Lands $1.07M in Federal Grants to Promote Trade for Small Businesses
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2011 New Credit Growth Highest in Two Years
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Healthcare Consumer Confidence Improves in September
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Restaurant Performance Index Falls to Lowest Level in 13 Months