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St. Joe Company Experiences 4th Quarter Loss, Depends on New Airport   Published: 02/25/10 09:09:06

An article from Businessweek.com reports that St. Joe's "fourth-quarter loss more than doubled" last year. The St. Joe Company deals heavily in real estate sales and has been affected by Florida's volatile housing market of the past few years. The Businessweek.com article further states that "St. Joe is banking on the success of a venture near a new airport in Panama City." Northwest Florida Beaches International Airport is scheduled to open May 23rd, 2010 and offer discounted airfare to cities such as Nashville, Houston, Baltimore and Orlando. For more information visit st. Joe's website at www.joe.com


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