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Biglari Holdings Inc. reported $4.5 million in net income on revenues of $221.7 million for the 16 weeks ended April 11, 2012.
This compares to net income of $5.6 million on revenues of $211.2 million for the 16 weeks ended April 13, 2011.
San Antonio-based Biglari (NYSE: BH) is a holding company with operating subsidiaries involved in investment management and the franchising/operating of restaurants. The financial results include the operations of Steak n Shake Operations Inc., Western Sizzlin...
The North American Development Bank has closed on a $65 million loan agreement with SunEdison that will be used toward the construction of a 20-megawatt solar park in Picture Rocks, Ariz.
SunEdison will supply electricity to Tucson Electric Power over a 20-year period. The solar park will consist of hundreds of photovoltaic modules on a 250-acre lot owned by Tucson Water, a department of the City of Tucson.
San Antonio-based NADB is a financial institution established and capitalized in equal parts...
Social media giant Facebook Inc. saw its stock close slightly higher after one day of trading on the NASDAQ since completing its initial public offering.
Facebook sold shares of common stock in its IPO at $38 per share. The company?s stock closed Friday at $38.23. On Friday, the company?s stock rose as high as $45 per share before settling back down to $38.23.
Menlo Park, Calif.-based Facebook (NASDAQ: FB) is a global social networking company. As of Feb. 2, 2012, the company had 845 million...
VIA Metropolitan Transit on Friday introduced the first of its new vehicles that will be used to offer the VIA Primo bus rapid-transit service.
The new buses are 60-feet-long and are articulated in the middle. Not only are they powered by cleaner-burning compressed natural gas, but they come equipped with wireless Internet connections, an on-board video-monitor information system and inside bicycle racks.
These buses will be put into service along the Fredericksburg Road corridor once VIA Primo...
The San Antonio metropolitan area?s unemployment rate dropped to 6.2 percent in April, the lowest rate since May 2009, according to figures released Friday by Workforce Solutions Alamo.
Total non-agricultural employment in the San Antonio-New Braunfels area expanded by 5,800 jobs, or 0.7 percent, to 851,500 in April. Over the past 12 months, the metro area added 13,300 jobs.
?The unemployment rate continues to drop in the Alamo region,? says Workforce Solutions Alamo Executive Director Patrick...
CPS Energy?s board of trustees will hire a consultant to assess the quality of the natural gas and electric company?s employee compensation and benefits.
In 2011, a new state law took effect that required municipally owned utilities in Texas, like CPS Energy, to release salary information for all employees. However, with this new level of disclosure, CPS Energy faced scrutiny from both employees and the public over whether the compensation is fair. CEO Doyle Beneby recommended to the board earlier...
The nomination period for Social Madness presented by Capital One Spark Business is officially closed and nearly 100 companies in San Antonio have signed up to compete.
American City Business Journals (ACBJ), the parent company of the San Antonio Business Journal, is in the process of reviewing and approving nominations.
Companies will be notified of their approval before the next phase of the competition begins on June 1.
Companies will be judged based on votes on bizjournals.com, new LinkedIn...
SeaWorld San Antonio expects to make a big splash on Saturday when it introduces the new Aquatica Waterpark.
The new aquatic park features up-close animal experiences, high-speed thrills and, for those seeking a more relaxing setting, sandy beaches.
Back in February 2011, the Business Journal reported that SeaWorld was preparing for a transformative infusion of capital investment from its owner, The Blackstone Group, over the next few years.
?This (SeaWorld) will become a multi-day experience,?...