Today's number: 550

        Jobs being cut by suburban Chicago-based Tellabs Inc., which designs and builds optical networking, broadband access and switching equipment. The figure is about 6 percent of its work force.

Today's mover

        Nicholas P. Bitter has been named vice president, operations, for Parkway Products Inc., a Florence-based molder of high-performance plastic and elastomer materials. Mr. Bitter has been with the company for 21 years, most recently as general manager. He is a graduate of the University of Cincinnati and holds a master's degree from Xavier University.

Today's money tip

        Large-cap equity funds are mutual funds that invest primarily in the shares of big blue-chip corporations. Small-cap equity funds invest primarily in the shares of much smaller firms. To build a diversified mutual fund portfolio, it is generally a good idea to invest in both large-cap and small-cap funds. (From Smart Guide to Planning for Retirement.)

Today's career tip

        The average American has been in his or her job only four years and can expect to have to five different careers, according to career counseling network Five O'Clock Club. Interested in changing careers? Here's a suggestion from the group: Meet with people in your target fields and industries to see if the work is what you imagined it to be. You may think you're interested in the pharmaceutical industry, financial services or the art world — until you actually have a few meetings.

Today's company: Huff Realty

        Straddling the river: Florence-based Huff Realty was founded by Jim Huff in 1975. In 1992 the firm created its own mortgage company, and in 1995 it established its first Ohio office. Huff now has nine offices in Northern Kentucky and Cincinnati.

        Home browsing online: The complete inventory of homes from the Cincinnati Multiple Listing Service (MLS) is now available on the company's Web site: www.huff.com.

        Wide-awake web: Home buyers may search Huff Realty's Web site for neighborhood, price, home attributes, agent's name and MLS number. Once they've defined and registered their criteria, the prospective buyers will receive an e-mail each time a home matching those criteria comes on the market.

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Industry notes: Manufacturing
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