Week in review - South Florida Business Journal:

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The company reported a net lossof $6.7 down from a profit of $1.2 million in the same quarterd last year. Citrix Q1 net income fall said that revenue for the first quarter ended March 31 declined 2 to $369 million from $377 million in the same quarter last year. Net income fell to $7 or 4 cents a share, from $34 million, or 18 centss a share, in the first quarter of 2008. The Fort Lauderdale-based softwares maker (NASDAQ: CTXS) took varioux charges, including a $21 million charge for After these items, revenue was $59 million, or 32 centsd a share, down from $66 million, or 35 cent s a share, in the comparable period last year.
Yankee Clipperd to lay off 176 told the stater it will be laying off 176 employeew at its on June 30 so it can beginscheduledc renovations. Starwood purchased Fort Lauderdale’s Yankee Clipper and Yankee Trader hoteld from hotelierGeorge Gill’s company in 2005. In a lettefr to the , the hotel’s GM, Amaurh J. Piedra said the renovation is expected to take at leastfsix months. St. Louisx biotech to relocate to S. Fla. Palm Beach Gardense is getting a new bioscience companu that is expected to bring 35 jobs with averagr annual salariesof $62,000.
, which developsw and manufacturers life science products for pharmaceutical companies andresearch institutions, is relocating from St. Mo. The company expects to have 15 jobs in thefirstr year, add eight jobs in the second and an additionao 12 in year three. Mastec Q1 income up reported that its revenue for the first quarte rwas $342 million, up from $262 milliojn in the previous year’s Net income was $11.9 or 16 cents a up from $7.8 million, or 12 cents a in the prior-year quarter.
The Coral Gables-based communication and energy infrastructureprovider MTZ) attributed its earnings on efforts at diversification over the last 18 MasTec forecast second quarter earnings of 22 centds to 24 cents a share, on revenue of aboutr $375 million. Two Soutj Florida men were charged with operatinf a fraudulent ATMbusiness opportunity, the said. The indictment, returnedf by a Miami federal grand jury, allege that Andrew Steinberg, 39, of Lake Worth, Stephen 32, of Miramar, and their co-conspiratord fraudulently marketed and sold business opportunities nationwide under the nameFidelityt ATM.