LEHIGH ACRES FGCU softball team helps Habitat for Humanity build three homes The Florida Gulf Coast University softball team helped Habitat for Humanity build three homes Saturday.
ESTERO Home Base Golf Tournament helps SWFL Veterans Veterans hit the green at the Copperleaf Golf Course on Saturday. This was part of the Home Base golf tournament.
FORT MYERS At least one person dead after propane truck collides with golf cart Florida Highway Patrol is investigating a crash that has left one person dead and another injured Saturday morning.
Scattered storms ahead for your Saturday plans The Weather Authority is tracking weekend temperatures in the low to mid-90s this weekend with a chance for scattered storms this afternoon.
WINK NEWS SWFL Scoreboard: High School Football Week 3 Thunderstorms tried to put a stop to week three of high school football on Friday Night, but gridiron action prevailed.
Man accused of plotting murder-for-hire denied bond A man suspected of being involved with a murder-for-hire plot will stay behind bars. Ryan Toranzo had his renewed motion to set bond denied today in Collier County Court.
LABELLE Two dead after crash on State Road 80 According to the Florida Highway Patrol, there was a crash on State Road 80 that has left at least one person dead Friday evening.
DeSoto County looks to recruit more teachers While it can sometimes be easy to fill a classroom with students, it is not so easy for teachers. Schools across the nation and locally in Southwest Florida are still dealing with the challenges of teacher shortages. With class back in session, so is teacher recruiting for DeSoto County schools. The assistant superintendent, Jake Reynolds, […]
IMMOKALEE ROAD Push for change after deadly crash on Immokalee Rd. We’re told the woman was driving with two kids in the car when a semi ran a red light and hit her Thursday morning.
FORT MYERS BEACH Mobi-Mats deployed on Fort Myers Beach A walkway to paradise! Brand new and blue, the Mobi-Mat is making things easier for Fort Myers Beachgoers.
NAPLES Women of Steel business conference inspiring and empowering women Focused, hardworking, empowered. These women have made a name for themselves as Women of Steel.
NAPLES Beloved Collier County bus driver retires after 20 years After 20 years of getting kids to school safely, a beloved Collier County bus driver is retiring.
Wade Wilson has new death row mugshot Convicted double-killer Wade Wilson has a new death row mugshot.
SOUTHWEST FLORIDA Sizzle Dining is back in SWFL It’s Sizzle Season! Local restaurants are ready to welcome new faces by offering exclusive menu deals to attract new customers.
LEHIGH ACRES FGCU softball team helps Habitat for Humanity build three homes The Florida Gulf Coast University softball team helped Habitat for Humanity build three homes Saturday.
ESTERO Home Base Golf Tournament helps SWFL Veterans Veterans hit the green at the Copperleaf Golf Course on Saturday. This was part of the Home Base golf tournament.
FORT MYERS At least one person dead after propane truck collides with golf cart Florida Highway Patrol is investigating a crash that has left one person dead and another injured Saturday morning.
Scattered storms ahead for your Saturday plans The Weather Authority is tracking weekend temperatures in the low to mid-90s this weekend with a chance for scattered storms this afternoon.
WINK NEWS SWFL Scoreboard: High School Football Week 3 Thunderstorms tried to put a stop to week three of high school football on Friday Night, but gridiron action prevailed.
Man accused of plotting murder-for-hire denied bond A man suspected of being involved with a murder-for-hire plot will stay behind bars. Ryan Toranzo had his renewed motion to set bond denied today in Collier County Court.
LABELLE Two dead after crash on State Road 80 According to the Florida Highway Patrol, there was a crash on State Road 80 that has left at least one person dead Friday evening.
DeSoto County looks to recruit more teachers While it can sometimes be easy to fill a classroom with students, it is not so easy for teachers. Schools across the nation and locally in Southwest Florida are still dealing with the challenges of teacher shortages. With class back in session, so is teacher recruiting for DeSoto County schools. The assistant superintendent, Jake Reynolds, […]
IMMOKALEE ROAD Push for change after deadly crash on Immokalee Rd. We’re told the woman was driving with two kids in the car when a semi ran a red light and hit her Thursday morning.
FORT MYERS BEACH Mobi-Mats deployed on Fort Myers Beach A walkway to paradise! Brand new and blue, the Mobi-Mat is making things easier for Fort Myers Beachgoers.
NAPLES Women of Steel business conference inspiring and empowering women Focused, hardworking, empowered. These women have made a name for themselves as Women of Steel.
NAPLES Beloved Collier County bus driver retires after 20 years After 20 years of getting kids to school safely, a beloved Collier County bus driver is retiring.
Wade Wilson has new death row mugshot Convicted double-killer Wade Wilson has a new death row mugshot.
SOUTHWEST FLORIDA Sizzle Dining is back in SWFL It’s Sizzle Season! Local restaurants are ready to welcome new faces by offering exclusive menu deals to attract new customers.
Ferrari / Creative Commons Attribution 2.0 Generic Ferrari roared onto the New York Stock Exchange Wednesday and its shares, trading under the ticker symbol RACE, jumped sharply in their public debut. The automaker, based in the northern Italian town of Maranello, had been a private company since its founding in 1929 by Italian sports driver Enzo Ferrari. In 1969, Fiat-Chrysler bought a 50 percent stake in the company, which it then increased to 90 percent in 1988. For Fiat Chrysler, the IPO raises needed cash and also helps pare debt at the world’s seventh largest automaker, which has ambitious plans to expand its Alfa Romeo brand and other higher-margin luxury cars like Maserati. There were questions, however, about how becoming a public company might affect such an iconic brand. IHS Automotive, the consulting firm, said some filings suggest Ferrari might boost production from between 7,000 and 8,000 cars per year, to 9,000 by 2019. IHS acknowledged that it did not know if the company would devote any new production to higher-end models that cost well in excess of $200,000 which already exceed demand or, like in the late 1960s and early 1970s, it would again start making lower-priced models to put the Ferrari within reach of more people. “Whatever the strategy it chooses to enact, it will be keen to maintain the combination of mystique and profit-generating ability of this business,” said Ian Fletcher, an IHS analyst. In an interview with CNBC from the floor of the NYSE, Sergio Marchionne, CEO of Fiat Chrysler Automobiles and chairman of Ferrari, said he would not allow increased production to threaten the Ferrari tradition. “What is at the heart of the brand is this intimate relationship between us and the customer base. We have 60 percent of the people that buy our cars every year are returning customers,” Marchionne said. “And therefore it would be almost suicidal to try and expand volumes to the detriment of that relationship.” Fiat Chrysler Automobiles will still retain an 80 percent share in Ferrari. It plans distribute Ferrari stock to its shareholders next year. The remaining 10 percent belongs to the Ferrari family. The IPO, even in what has become a dodgy market with doubts about the economic recovery seeping into the minds of investors, raised more than $893 million this week. A number of companies in recent weeks have canceled IPO, fearing the market malaise. But investors clamored for a piece of one of the world’s premier automakers, erasing doubts about the allure of holding its stock. In midday trading, shares of Ferrari climbed almost 10 percent to $56.98.