SCBT Financial releases fourth-quarter earnings
COLUMBIA -- SCBT Financial, parent company of Rock Hill-based South Carolina Bank and Trust of the Piedmont and Charlotte-based The Scottish Bank, on Tuesday released its unaudited earnings report for the fourth quarter and year 2007.
The company reported an 8.9 percent increase in consolidated net income to $21.6 million and an 11.5 percent increase in net operating income to $22.1 million for the year 2007, according to the report. Total assets for SCBT grew 19.2 percent to $2.6 billion for the year. In the fourth quarter, net income totaled $5.7 million, up 19.1 percent from 2006.
The board of directors of SCBT also announced a quarterly cash dividend of $0.17 per share payable on its common stock.
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Cakeman's studio to host grand opening Thursday
Cakeman's Sugar Art Studio, owned by cake designer Jef Bailey, will hold a grand opening from 6 to 8 p.m. Thursday in downtown Rock Hill.
Located inside the Cookie Cafe, at 113 E. Main St., Suite 110, Cakeman's grand opening will include free samples, demonstrations and door prizes.
For more details, visit the Web site www.cakemanonline.com.
Carowinds conducting job fair Saturday
FORT MILL -- Carowinds will be accepting applications and conducting on-site interviews for the 2008 season during the park's 22nd annual job fair from 10 a.m. to 2 p.m. Saturday. Additional job fairs also are slated for Feb. 9 and 16.
The job fair is open to applicants who are looking for seasonal employment at the 112-acre theme and water park and are at least 15-year-old. More than 1,800 associates will be hired to fill seasonal positions in the areas of food and beverage, rides, games, merchandise, admissions, marketing, aquatics, security, warehouse, cash services and guest services. Interviews will be conducted on a first-come, first-served basis. Seasonal applicants can report to the employment office located behind the park on Catawba Trace Boulevard.
Those interested in working at Carowinds who are not able to attend one of the job fair sessions may apply at the park's employment office daily (including weekends) from 9 a.m. to 5 p.m., or at the Web site www.jobs4fun.com.
For more information, applicants can call 548-5300 or 1-800-888-4386 or visit the park's Web site at www.carowinds.com.
The park opens March 21 for its 36th season.
Chamber to conduct law seminar next week
The York County Regional Chamber of Commerce and Kennedy, Covington, Lobdell & Hickman, Attorneys at Law will co-host an employment law seminar from 8:30 a.m. to noon on Tuesday at the Piedmont Realtors Association office in downtown Rock Hill.
Topics will include criteria for temporary employees, the status of at-will employment in South Carolina, wage and hour landmines and recent amendments to the state's Workers Compensation Act.
The seminar will be presented by Beverly A. Carroll of Kennedy, Covington, Lobdell & Hickman. Carroll will provide legal updates, written materials and discussion of practical considerations for use by human resource professionals, business owners and managers.
The registration fee is $35 per chamber member and $45 for non-members. The cost includes all printed materials and a continental breakfast. For more information or to register for the program, contact Trina Ricks at the chamber at 324-7500 or e-mail tricks @yorkcountychamber.com.
Apple first-quarter profit jumps 57 percent
SAN JOSE, Calif. -- Apple blew past Wall Street's bullish expectations in the first quarter with a 57 percent jump in profit, but a dramatically lower forecast sent shares plunging on fears about slowing consumer spending on electronics.
The Cupertino-based company's report, released after the market closed Tuesday, reinforced investors' worries that even a hot company such as Apple isn't immune from sluggishness in the U.S. economy or fears of a recession.
Speculation over airline merger continues
CHICAGO -- United Airlines parent UAL is in "very good position" to pair up with another carrier despite a money-losing fourth quarter, CEO Glenn Tilton said Tuesday.
Tilton wouldn't tip his hand about the status of talks widely reported to be under way with Delta Air Lines, which is looking at potential combinations with either United or Northwest Airlines.
But he did nothing to dampen speculation that the nation's second-biggest airline is pushing hard to team up with Delta or, if those talks fail, another carrier such as Continental Airlines.