Tampa bay’s 10 biggest public companies in 2013 electricity facts label


Tech Data is refocusing on the fundamentals after moving beyond an accounting scandal that kept the company from reporting financial results for much of last year. Dutkowsky said his company needs to be flexible, reactive and visionary in identifying growing niches within IT. For instance, because of an industry shift from company-centered servers to sharing data on the cloud, Tech Data is increasing its in-house expertise in data storage.

How does an advanced manufacturer with workers flung across 33 countries in 90 plants stay disciplined, creative and competitive? By sustaining a high-performance corporate culture on a global scale. And by making smart choices about which fast-changing business niches it considers most promising. Health care? Yes. Consumer packaging? Yes. Solar power? Maybe. BlackBerry devices? Not anymore.

Short term, WellCare is in the hunt for a new leader after it ousted Alec Cunningham late last year, saying it wanted someone who could lead a larger organization. Simultaneously, it needs a new chief financial officer. Longer term, the company is focused on handling both the costs and opportunities tied to the Affordable Care Act as it expands its Medicare and Medicaid offerings in different states.

After integrating fellow broker Morgan Keegan, Raymond James has strived to position itself as the leading alternative to Wall Street brokerage firms. The company has grown to a record $458 billion in client assets under administration and anticipates its sluggish mergers and acquisition business will pick up this year. With low interest rates, the fixed-income side of Raymond James‘ portfolio continues to be the most challenged.

As the company, which includes the brands Outback Steakhouse, Carrabba’s Italian Grill and Bonefish Grill, Fleming’s Prime Steakhouse & Wine Bar and Roy’s, continues to implement growth and productivity initiatives, it faces persistent competition from fast-casual restaurants, which are outpacing full-service restaurants in sales. While consumers spent more money per restaurant visit in 2013, industrywide traffic numbers were down.

After a difficult start to the year because of bad weather up north and softness in the women’s apparel industry, HSN continues to focus on "boundary-less retail” that allows customers to shop when and where they want through TV, digital and mobile sources. "Agile is the new smart,” said Grossman, stressing that the retailer must be flexible and open to change.

"For the Tampa Electric and Peoples Gas utilities, we need to secure government leadership, at all levels, who support constructive energy policy," Ramil says. "On our pending purchase of New Mexico Gas Co., after our anticipated regulatory approval and a successful closing, we will be doubling our customer base, so we will need a successful integration process as we expand our TECO Energy family of companies."

Fierce competition from rival beverages such as coffee, water and tea. The consumption of soda in the United States has also steadily declined in the past decade as sugary drinks grow more unpopular with consumers and regulators. But Cott also faces another challenge: $458.3 million of debt. The company paid down that debt in 2013, but its annual report warned that it still leaves the company vulnerable if the market continues to decline.

Managing rapid growth. As revenue soared, Walter was hit by federal regulators threatening legal action against its mortgage-servicing business for alleged violations of consumer financial laws. Now law firms anticipating a class-action lawsuit against the company for alleged internal control failures have forced the company to defend itself. Shares that traded within the past year at $45 now hover closer to $29.

As a doormaker, Masonite’s success rises and falls with new construction, and it is still healing from the housing bust. Climbing mortgage rates, changes to the mortgage interest tax deduction and tighter lending for home loans and improvements could hurt sales and profitability. Builders also are increasingly turning to multifamily construction, like apartments, which generally use fewer of their products than the typical single-family home.