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Tampa Bay Times from St. Petersburg, Florida • B4

Publication:
Tampa Bay Timesi
Location:
St. Petersburg, Florida
Issue Date:
Page:
B4
Extracted Article Text (OCR)

4B I Thursday, January 5, 2017 Tampa Bay Times it it it it lufflffWtjMBfflWl For more local business stories, visit tampabay.combusiness. BUSINESS Dow 30 Toronto Stock Dollar vs. Dollar Industrials 500 Nasdaq Russell 2000 Exchange Gold Silver Oil per barrel Canada vs. Euro 60.40 A 12.92 A 47.92 A 22.46 A 113.72 A $3.40 A $0,143 A $0.93 A 19,942.16 2,270.75 5,477.00 1,387.95 15,516.75 $1,163.80 $16,499 $53.26 1.3315 0.9554 Busch Gardens chief trades parks Stewart Clark Park president of Busch Gardens and Adventure Island Start date: Jan. 16.

Education: bachelor's Jim Dean oversaw new rides and attractions. Now he'll take on SeaWorld. BY JUSTINE GRIFFIN Times Staff Writer TAMPA After six years as park president, Jim Dean is leaving Busch Gardens Tampa Bay and Adventure Island to become park president of Sea-World, Aquatica and Discovery Cove in Orlando. Stewart Clark, vice president of Discovery Cove, will take over as president of Busch Gardens. SeaWorld Parks Entertainment owns and operates both Busch Gardens and SeaWorld.

Donnie Mills, current president of the Orlando parks, is retiring after 42 years with SeaWorld Parks. The change will take effect Jan. 16. department. He served as vice president of park operations at Busch Gardens and general manager of Adventure Island.

He was also the vice president of operations at SeaWorld San Diego and then at Busch Gardens in Williamsburg, Va. In 2010, he became chief operating officer for Busch Gardens and the Sesame Street branded parks. In 2015, he became the Orlando parks president. "Donnie has made a lasting contribution to our parks and our people by serving as park president in three of our six markets, leading the operations team and instilling a culture committed to the highest levels of operational execution across this great company," Manby said in a statement. Contact Justine Griffin at jgriffin tampabay.com or (727) 893-8467.

Follow SunBizGriffin. Dean, 59, has a challenging path ahead. SeaWorld Parks has struggled financially. SeaWorld announced earlier this year that it will end killer whale shows at its theme parks amid mounting consumer protests. New rides and attractions including Mako at the Orlando park and Cobra's Curse at Tampa's Busch Gardens have recently helped boost attendance.

Dean began his career as a financial analyst at the Anheuser-Busch headquarters in St. Louis, Mo. He transferred to Busch Gardens Tampa Bay as finance manager in 1990 and Sesame Place in Langhorne, in 1993 as finance vice president. Dean became the head of finance with Anheuser-Busch's European trade office in London in 2000 before returning to the U.S. five years later as vice president of accounting for the U.S.

brewing division of Anheuser- dens opened a slew of new attractions including Falcon's Fury, Cheetah Hunt and most recently, Cobra's Curse. "Jim is an outstanding theme park leader who has led excellence, performance and growth in Tampa. I am pleased to now have him at the helm of our flagship operations in Orlando," said Joel Manby, president and CEO of SeaWorld Entertainment in a statement. Clark, 52, who will take over as park president of Busch Gardens and Adventure Island, began his career at SeaWorld in 1983. Clark, who has more than 30 years of experience in the zoological and theme park arena, was vice president of Discovery Cove and led the development of the park's interactive programs and animal exhibits.

Mills, who is retiring from SeaWorld, began his career at Busch Gardens in Tampa in 1974 in the parks operations degree in applied behavior and organizational managementfrom National Louis University Other positions: chairman of the Alliance of Marine Mammal Parks and Aquariums Past careers: vice president of Discovery Cove Busch. He returned to the company's theme parks in 2008 as head of corporate finance. In 2010, he became park president for both Busch Gardens Tampa Bay and Adventure Island. Under Dean's leadership, Busch Gar New technology helps Carnival get more personal with cruisers. A SEA CHANGE IN SERVICE Walter sells insurance business for S125M Miles Clark of Carnival Corp.

demonstrates the Ocean Compass interface Tuesday before the CES International event in Las Vegas. Cruise passengers carry a medallion the size of a quarter that uses wireless technologies to communicate with sensors on the ship. Crew members are alerted, responding to individual cruisers' needs and preferences. Associated Press LAS VEGAS What if your room on a cruise ship were to unlock automatically as you approach, or if the wait staff could bring your favorite cocktail before you even ask? Carnival the operator of such cruise lines as Princess, Holland America and Carnival, wants to make that happen so it can get cozier with its guests and make cruises even more personalized. Carnival on Wednesday unveiled new concierge technology designed to help crew members anticipate and respond to passengers' needs.

It will rely on sensors and wearable trackers, and is scheduled to debut on the Regal Princess cruise ship in November. Carnival Cruise Line is the only cruise line to base two ships year-round at Port Tampa Bay. Carnival recently agreed to extend its commitment to Port Tampa Bay through 2021. Carnival operates two ships in Tampa that serve trips to the Western and Southern Caribbean. The leisure cruise industry is playing catchup with travel peers like hotels and airlines, which now let you unlock rooms with a smartwatch or fly with a boarding pass on your phone.

Personalization is important as cruise ships get bigger and come across as impersonal, said Mike Driscoll, editor in chief of Cruise Week, an industry publication. Personalization can also help cruise companies attract more first-timers, including tech-sawy millennials. "It's catching up to what life is like on the land," Driscoll said. The linchpin of the system is a tracking medallion the size of a quarter. Cruise passengers wear it as a pendant, throw it into a purse or place it in a pocket.

The medallion uses wireless technologies to communicate with sen- Times staff TAMPA Long-troubled mortgage banking company Walter Investment Management Corp. is selling off its insurance business to Assurant Inc. for $125 million. The stock purchase agreement includes the sale of stock related to GTI Holdings which is the holding company of Walter's licensed insurance agency, Green Tree Insurance Agency Inc. The sale comes after Walter's shares tumbled 67 percent in 2016 to make it the worst-performing local stock of the year.

"We are pleased to have executed the SPA with Assurant relating to the sale of our insurance business. This transaction is expected to reduce the complexity of our business operations and allow us to better focus on our process efficiency efforts to improve the performance of our core servicing and originations businesses," Anthony N. Renzi, CEO and president of Walter Investment Management, said in a statement. "We look forward to continuing our relationship with Assurant." Under the agreement, Assurant will make up to $25 million in potential future payments to Walter Investment Management, as well. Walter, which is focused on servicing residential loans and reserve loans, has about 5,000 employees.

Shares of the company closed Wednesday at $5.05 apiece, up 2 percent. Associated Press nirs or drinks. Personalization isn't new to the travel industry. Walt Disney World has a MagicBand wristband device that doubles as a room key and "FastPass" reservations to popular rides. The MagicBand is also linked to a credit card for speedier payments at restaurants and gift shops.

John Padgett, who was one of the chief architects of the MagicBand before joining Carnival in 2014, said the cruise ship's system goes further in eliminating the need to touch or tap a terminal. Sensors pick up signals automatically. Tampa Bay Times staff writer Justine Griffin contributed to this report. sors placed around the ship, cruise terminals and even airports, where staffers can provide personalized greetings as passengers fly in. Crew members armed with tablets can respond to any needs nearby.

For example, a guest could be having a drink when a crew member comes by to remind him that a yoga class starts in five minutes. Or a waiter working pool-side can ask whether a guest wants her usual gin and tonic. In addition, interactive displays can offer personalized directions to guests' rooms. And the medallion ties into a payment system, so no one has to swipe or sign anything when buying souve- Crew members armed with tablets can respond to any needs nearby. For example, a guest could be having a drink when a crew member comes by to remind him that a yoga class starts in five minutes.

Or a waiter working poolside can ask whether a guest wants her usual gin and tonic. Markets money.tampabay.com for more stock quotes. 5'520." Nasdaq composite TOP MUTUAL FUNDS NET TOTAL 52WK 500 Close: 2,270.75 Change: 12.92 (0.6) 44Q TWT. wusb. uu STOCKS RECAP Vol.

(in mil.) vs. Vol. Advanced Declined Now highs New lows NYSE 3 635 3 633 2584 454 207 6 NASDAQ 1 820 1 819 2225 647 176 25 Change: 47.92 (0.9) 5,360 10 DAYS 5,600 2,050 HIGH 19956.14 9121.54 663.22 11252.63 5482.35 2272.82 1697.42 23820.42 1388.59 LOW 19878.83 9035.34 657.00 11186.78 5440.24 2261.60 1673.46 23657.93 1366.70 CLOSE 19942.16 9115.72 659.28 11246.55 5477.00 2270.75 1695.83 23800.92 1387.95 CHG. 60.40 91.86 1.96 92.20 47.92 12.92 25.93 186.19 22.46 CHG. 0.30 1.02S 0.30 0.83 0.88 0.57 1.55 0.79 1.64 YTD 0.91 0.79 1.72 1.74 1.43 2.12 1.60 2.27 DOW DOW Trans.

DOW Util. NYSE Comp. NASDAQ 500 400 Wilshire 5000 Russell 2000 NET TOTAL 52WK NAV CHG YTD RET 500lnv 209.57 1.24 1.5 15.2 DivGr 23.72 .12 1.2 10.4 GNMA 10.54 1.7 HltCrAdml 79.79 .75 2.4 ITGradeAd 9.65 .01 .1 3.9 IntlStkldxAdm 25.04 .24 1.7 8.6 MidCpAdml 166.44 2.09 2.1 15.1 MulntAdml 13.91 .02 .2 .1 PrmcpAdml 110.50 .76 1.5 14.5 STGradeAd 10.63 2.7 SmCpldAdm 63.21 1.02 2.3 23.2 TgtRe2020 28.52 .15 .9 8.9 TgtRe2025 16.52 .10 1.0 9.7 TgtRe2030 29.54 .18 1.2 10.4 TgtRe2035 17.97 .13 1.3 11.2 TotBdAdml 10.66 .01 .1 2.5 Totlntl 14.97 .15 1.6 8.5 TotStlAdm 56.99 .45 1.6 16.3 TotStldx 56.97 .45 1.6 16.2 WellslAdm 61.94 .06 .4 9.0 WelltnAdm 68.09 .24 .9 13.1 WndsllAdm 63.37 .40 1.6 16.8 NAV CHG YTD RET American Funds AMCAPA 27.67 .20 1.6 12.4 AmBalA 24.99 .07 .7 10.4 CaplncBuA 58.17 .27 .9 9.0 CpWIdGrIA 44.52 .36 1.6 10.0 FnlnvA 55.07 .25 1.2 15.7 GrthAmA 42.74 .33 1.7 12.4 IncAmerA 21.88 .10 1.0 12.7 InvCoAmA 36.70 .20 1.3 17.6 NewPerspA 35.78 .26 1.3 5.2 WAMutlnvA 41.36 .15 1.0 16.1 Dodge Cox Income 13.61 .01 .1 5.7 IntlStk 39.00 .37 2.4 13.2 Stock 187.68 1.57 1.8 25.2 Fidelity 500ldxPr 79.48 .47 1.5 15.3 Contra 100.38 .94 2.0 7.6 ContraK 100.30 .94 2.0 7.7 LowPriStk 50.09 .40 1.2 11.4 FrankTemp-Franklin IncomeA 2.32 .9 18.4 Rowe Price BIChpGr 74.04 .70 2.0 5.5 Eqlndex 60.97 .36 1.4 15.1 GrowStk 54.22 .50 1.8 5.7 Newlncome 9.38 .1 2.6 Vanguard 500Adml 209.56 1.23 1.4 15.3 INTEREST RATES NET TREASURIES YEST PVS. CHG 3-month T-bill .52 0.52 6-month T-bill .63 0.64 1- year T-note .95 0.96 2- year T-note 1.22 1.22 5-year T-note 1.93 1.94 10-year T-note 2.44 2.45 30-year T-bond 3.04 3.05 0 YR PRIME RATE YEST AGO AGO 3.75 3.50 3.50 TAMPA BAY AREA STOCKS 52-WK RANGE NAME TICKER LOW HIGH CLOSE CHG Bloomin' Brands Inc BLMN 14.91 19.99 18.29 .19 BrownS Brown BR0 28.41 45.62 45.56 .74 CottCorp COT 9.07 17.38 11.27 Duke Energy DUK 70.35 87.75 77.65 HCI Group Inc HCI 24.35 40.45 39.59 .60 HSNInc HSNI 30.75 55.87 34.50 .25 Health Ins Innov HIIQ 3.72 19.30 17.45 .85 Jabil Circuit JBL 16.78 25.14 23.95 ORie Inc RC 14.87 25.00 24.50 .90 MarineMax Inc 0 13.56 22.05 19.75 .35 Masonite Intl DOOR 45.14 72.75 67.00 Mosaic Co M0S 22.02 31.54 30.81 1.28 NextEra Energy NEE 103.35 131.98 119.07 .35 Nicholas inancial NICK 8.56 12.50 11.84 .09 Raymond James ncl RJ 39.84 74.70 72.31 2.63 SeaWorld Entertain SEAS 11.77 21.85 19.12 Superior Uni orm SGC 13.71 21.02 18.69 .01 Sykes Enterprises SYKE 25.77 31.37 29.87 .89 Tech Data TECD 57.99 91.47 86.72 1.60 Walter Inv Mgmt WAC 2.24 16.00 5.05 .10 Wellcare Hlth Plans WCG 69.16 141.88 136.63 OTHER STOCKS OF INTEREST 52-WK RANGE 52-WK RANGE NAME TICKER LOW HIGH CLOSE CHG NAME TICKER LOW HIGH CLOSE CHG Inc 33.43 43.89 42.77 IBM IBM 116.90 169.95 169.26 2.07 Aegon AEG 3.36 6.09 5.69 .05 JPMorgCh JPM 52.50 87.76 86.91 .16 Apple Inc AAPL 89.47 118.69 116.02 LennarA LEN 37.14 49.60 43.98 1.06 AutoNatn AN 39.28 54.15 51.22 1.94 Level3 LVLT 41.73 58.94 59.12 .18 BBT 29.95 47.85 47.34 .36 Lowes LOW 62.62 83.65 71.81 .86 BkofAm BAC 10.99 23.39 22.95 .42 Macys 29.94 45.50 35.84 .61 CVS Health CVS 69.30 106.67 79.75 MarlntA MAR 56.43 86.15 82.34 ChesEng CHK 1.50 8.20 7.00 .08 McDnlds MCD 110.33 131.96 119.48 Citigroup 34.52 61.30 61.41 .82 MetLife MET 35.00 58.09 54.58 .30 CocaCola K0 39.88 47.13 41.65 NorTrst NTRS 54.38 90.96 90.49 .85 CSVInvNG DGAZ 2.70 32.28 4.31 .30 Penney JCP 6.00 11.99 8.47 .14 Dillards DDS 54.37 88.58 62.92 1.20 Raytheon RTN 115.73 152.58 146.68 1.46 DrGMBIIs JNUG 2.05 33.29 6.94 .32 RegionsFn RF 7.00 14.73 14.62 .19 DxGBulls NUGT 3.48 35.80 8.76 .16 SPY 181.02 228.34 226.58 1.34 Disney DIS 86.25 106.90 107.44 1.36 SearsHldgs SHLD 8.00 20.48 10.36 .64 ExxonMbl X0M 71.55 95.55 89.89 SwstAirl LUV 33.96 51.31 51.30 1.32 FifthThird FITB 13.84 27.88 27.42 .37 SPDR Fncl XLF 15.86 23.87 23.70 .19 FordM 11.02 14.22 13.17 .58 SunTrst STI 31.07 56.48 56.14 .65 FrankRes BEN 30.56 42.18 41.35 .91 Target TGT 65.50 84.14 73.81 1.06 GenElec GE 27.10 33.00 31.70 .01 Toyota TM 97.80 123.18 121.19 2.64 HancHId HBHC 20.01 45.50 44.80 .65 VanEGold GDX 12.40 31.79 21.92 .16 HomeDp HD 109.62 139.00 135.50 1.19 Veri onCm VZ 43.79 56.95 54.52 Honwlllntl HON 93.71 120.02 116.50 .32 WalMart WMT 60.20 75.19 69.06 .40 iShChinaLC FXI 28.10 39.17 35.51 .36 WalgBoots WBA 71.50 88.00 82.98 .02 iShEMkts EEM 27.61 38.32 35.70 .27 WellsFargo WFC 43.55 58.02 56.05 .05 NET CHG BONDS YEST PVS. AP Muni Bond Idx 2.70 2.69 0.01 Barclays USAggregate 2.63 2.65 Barclays US High Yield 6.01 6.10 Moodys AAA Corp Idx 3.94 4.00 Barclays US Corp 3.39 3.40 PHLXBank 93.71 92.68 1.03.

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