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CEO turnover surges in February

After a slow start during January, chief executive officer departures surged in February to a 17-month high of 132, 48 percent more than the 89 CEO changes announced a month earlier, according to the latest report about chief executive turnover from global outplacement consultancy Challenger, Gray & Christmas Inc.

Last month's total was 61 percent higher than the 82 CEO changes recorded during February 2009. It is highest monthly total since 140 chief executives vacated their offices during September 2008, and may mark the beginning of an upturn in CEO turnover as companies shift their focus from survival to growth.

Mar 10, '10 9:13am

MGH seeking nominees for businesswomen awards

The Mason General Hospital Foundation is seeking nominations for individuals to be honored at its 13th annual American Business Women's Day Luncheon.

Every year, the foundation honors three outstanding businesswomen who are or were successful in their occupations, work or have worked in Mason County, and are active and volunteer in their community.

Mar 10, '10 8:35am

Mortgage rates decline

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.76 percent, down four basis points from 4.8 percent at this same time last week. The 30-year fixed mortgage rate fluctuated between 4.76 and 4.82 during the past week.

The rate for Washington dropped 5 basis points, from 4.82 percent to 4.77 percent.

Mar 10, '10 8:08am

Flow International reports revenue growth

Flow International Corp. reported consolidated revenue today of $45.4 million, an increase of 8 percent compared to $42 million during the fiscal 2010 second quarter.
 
This follows the previously reported 11 percent revenue growth during the second quarter compared to first quarter of fiscal 2010. Revenue in the year-ago third quarter was $48.7 million.

Mar 10, '10 8:03am

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