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VOL. 128 | NO. 210 | Monday, October 28, 2013
EMPHASIS Public Companies

Chasing Growth

Memphis’ Fortune 500 companies chart paths forward

The pressure to show investors growth and a return is one of the most basic realities of operating as a public company.

State Lags for Women in Corporate Positions

Tennessee’s corporate boards are showing slow growth in gender diversity levels, although rankings are still among the lowest in the nation, according to the latest findings of an annual study.

Performance Ranges Widely at Local Companies

Here’s a snapshot of the recent performance of some of Memphis’ publicly traded companies – businesses that cast a shadow far beyond the Memphis city limits in industries including finance, package delivery and bioscience.

Chafetz Helps Businesses Navigate Financial Straits

When the economy took a swan dive five years ago, many companies found themselves on the bargain basement rack.

Local Weather
Today
Memphis, TN
78°F
Mostly Cloudy
Wind: 7 mph
Humidity: 68%

EVENTS

Memphis Rotary Club will meet Tuesday, Oct. 29, at noon at the University Club of Memphis, 1346 Central Ave. University of Memphis interim president Brad Martin will speak. Cost for nonmembers is $18. RSVP to Taylor Hughes at taylor@memphisrotary.org.

more events »

Retiring Moore ‘Transformed’ Chamber

When John W. Moore took the reins of the Greater Memphis Chamber in 2005, the organization was at the end of its latest economic development campaign and financial resources were strained.

School Board Weighs Suburban Plan

Shelby County Schools board members could vote as early as Monday, Oct. 28, on the first elements of what amounts to a coexistence plan with the almost-formed suburban school districts.

Ritz: Commission Should Block City’s EDGE Appointments

Shelby County Commissioner Mike Ritz wants to hold up county approval of Memphis Mayor A C Wharton Jr.’s nominees to the board of the Economic Development Growth Engine (EDGE).

Early Voting Opens in Three Suburbs for Boards

Early voting in three of Shelby County’s six suburban towns and cities opens Monday, Oct. 28, at locations in Germantown, Bartlett and Millington for newly created suburban school boards.

GOVERNMENT AGENDA

Oct. 28 Shelby County Commission Agenda

The Shelby County Commission will meet Monday, Oct. 28, at 1:30 p.m. in the Shelby County Administration Building, 160 N. Main St. Click on the meeting icon for an agenda.

SMALL BUSINESS SPOTLIGHT

Yuletide Office Solutions Adapts to Changing Industry

Paperless office. It’s a phrase to strike fear in the heart of any office supply provider. “I used to sell ‘While You Were Out’ pads in the two-part books every day,” said Chris Miller, president of Yuletide Office Solutions. “I might sell a dozen ‘While You Were Out’ pads once every three months now.”

LOCAL COLUMNISTS

You Should Play to Win in Business

A.G. Lafley, CEO of Procter & Gamble, the keynote speaker at the FedEx Institute of Technology’s Innovation Expo, shared a wealth of insights on leadership and strategy from his experience and his collaboration with Peter Drucker. However, his most impactful message was so simple, many in the audience may have missed it – strategy is about making choices. That’s all there is to it. Make decisions about what business you are in, how you win in this business and then stick to them.

NATIONAL GOVERNMENT

Both Sides Agree: No Major Budget Deal Foreseen

WASHINGTON (AP) — On this, GOP budget guru Rep. Paul Ryan and top Senate Democrat Harry Reid can agree: There won't be a "grand bargain" on the budget.

HEALTH CARE

Cos., Patients Shop for Better Health Care Deals

Paul Freeman drove 600 miles last year to save himself — and his employer — thousands of dollars on his surgery.

5 Keys to Successful Health Care Shopping

Patients are being pushed to shop more for health care by insurance plans that require them to pay higher out-of-pocket costs. But finding the right deal is often no easy task. Here are five things to consider if you decide to shop around:

NATIONAL BUSINESS

United Airlines Fined $1.1 Million for Tarmac Delays

WASHINGTON (AP) — United Airlines will pay more than $1 million in fines for stranding passengers on 13 planes for more than three hours on the tarmac last year in Chicago.

REGIONAL

Jack Daniel's in Legal Fight With Small Distiller

LOUISVILLE, Ky. (AP) — A white whiskey named for a famed Appalachian moonshiner started out being sold in Mason jars, to honor its roguish roots, but switched to square-shaped bottling.

Hospitality Industry Struggling to Find Workers

NASHVILLE, Tenn. (AP) — The hospitality industry in Nashville is facing an unexpected problem as it grows — finding enough qualified applicants to fill the number of open positions.

Furniture Maker England Inc. Announces Expansion

NEW TAZEWELL, Tenn. (AP) — Furniture maker England Inc. is marking its 50th anniversary in Tennessee by announcing an expansion that will include 300 new jobs.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 182 13,079
MORTGAGES 135 267 17,025
FORECLOSURE NOTICES 15 36 3,336
BUILDING PERMITS 366 366 30,930
BANKRUPTCIES 69 135 12,478
BUSINESS LICENSES 23 43 4,532
UTILITY CONNECTIONS 182 328 19,221
MARRIAGE LICENSES 32 67 3,976

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