ParkerVision News

The average compensation package for chief executive officers of Jacksonville-based public companies fell by 23 percent last year, according to data filed by the companies on their proxy statements and annual reports.

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ParkerVision has entered into a securities purchase agreement to issue 8.1m ordinary shares, priced at USD1.05 each, to certain institutional and other investors as part of a registered offering.

In trading on Friday, manufacturing shares were relative laggards, down on the day by about 2.5%. Helping drag down the group were shares of Powerwave Tech , off about 31.7% and shares of Parkervision down about 7.7% on the day.

The Jacksonville Bank reported a net profit of $3.3 million in 2011 in its year-end reports filed two months ago with banking regulators.