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Child Advocates: State Missed Chance To Help Kids
TALLAHASSEE, Fla. -- A national report that shows little improvement in the well-being of Florida's 4 million children is evidence the state should have spent more of its revenue surplus on kids, a statewide advocacy group said Tuesday.
Florida failed to show significant improvement in any of the 10 indicators cited in the Annie E. Casey Foundation's 2006 Kids Count Data Book although its ranking increased slightly from 35th to 33rd among the 50 states and District of Columbia. In the two previous years, Florida had been 34th.
"Florida could have seen improvement if it had directed a fair share of the state budget surplus to Florida's children," said Amanda Ostrander, coordinator of communications and policy for the nonprofit Tallahassee-based Children's Campaign.
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Fidelity Bankshares Q2 Net Income $8.7M; EPS $0.34
WEST PALM BEACH, Fla., July 18 /PRNewswire-FirstCall/ -- Fidelity Bankshares, Inc. FFFL announced today that net income for the second fiscal quarter ended June 30, 2006 was $8.7 million or $0.35 basic and $0.34 diluted earnings per share. This compared with net income of $8.6 million, or $0.35 basic and diluted earnings per share for the second quarter of 2005.
During the quarter, the company terminated certain leases of office properties. This resulted in a pre-tax charge against income of $243,000 for early termination of a lease and write-off of unamortized leasehold improvements.
Net income for the six months ended June 30, 2006 was $16.5 million, or $0.67 basic and $0.65 diluted earnings per share, compared to $15.5 million or $0.64 basic and $0.63 diluted earnings per share for the six months ended June 30, 2005.