Business briefs for Oct. 9, 2008
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Anytime Fitness to open downtown
Anytime Fitness has signed a deal to occupy the first floor of the old Coca-Cola bottling building at 200 Government St. and should open early next year.
Latter & Blum broker Brad Way represented the building’s owners Remson Haley Herpin Architects and Herpin & deGeneres law firm in the five-year deal that would put the fitness center in 4,300 square feet. The architecture and law firms occupy about 5,000 square feet on the second floor.
Feds award grant to aid GM workers
The U.S. Department of Labor awarded Louisiana a $1 million grant Wednesday to help workers affected by layoffs in the auto industry in Shreveport.
The companies are General Motors, AI-Shreveport LLC, Innertech-Shreveport, Johnson Controls and Tango Transport. The federal grant, awarded to the state Labor Department, will help about 334 workers access counseling, job search assistance and job placement, among other services.
Whitney warns of lower earnings
NEW ORLEANS — Whitney Holding Corp. said Tuesday its third-quarter earnings will fall short of analysts’ average forecast because of losses tied to ongoing troubles in the real estate and credit markets.
The New Orleans company, owner of Whitney National Bank, expects to report profit of $6 million to $8 million, or 10 cents to 12 cents per share. The bank plans to put aside $38 million to $42 million in the quarter to cover potentially bad loans and will book expenses and casualty losses between $1.5 million and $2.5 million related to Gustav and Ike.
Anytime Fitness has signed a deal to occupy the first floor of the old Coca-Cola bottling building at 200 Government St. and should open early next year.
Latter & Blum broker Brad Way represented the building’s owners Remson Haley Herpin Architects and Herpin & deGeneres law firm in the five-year deal that would put the fitness center in 4,300 square feet. The architecture and law firms occupy about 5,000 square feet on the second floor.
Feds award grant to aid GM workers
The U.S. Department of Labor awarded Louisiana a $1 million grant Wednesday to help workers affected by layoffs in the auto industry in Shreveport.
The companies are General Motors, AI-Shreveport LLC, Innertech-Shreveport, Johnson Controls and Tango Transport. The federal grant, awarded to the state Labor Department, will help about 334 workers access counseling, job search assistance and job placement, among other services.
Whitney warns of lower earnings
NEW ORLEANS — Whitney Holding Corp. said Tuesday its third-quarter earnings will fall short of analysts’ average forecast because of losses tied to ongoing troubles in the real estate and credit markets.
The New Orleans company, owner of Whitney National Bank, expects to report profit of $6 million to $8 million, or 10 cents to 12 cents per share. The bank plans to put aside $38 million to $42 million in the quarter to cover potentially bad loans and will book expenses and casualty losses between $1.5 million and $2.5 million related to Gustav and Ike.
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