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Editorial Results (free)

1. In Rhythm -

It started with ice cream 25 years ago, probably vanilla with chocolate sauce, because that’s his favorite. Or maybe it was pure coincidence, except that over the years Tim Lyles noticed a pattern.

2. Valero Delays Memphis Plant Maintenance -

Valero Energy Corp. has moved maintenance work on its Memphis plant to April from March after a key parts supplier went out of business, according to a report from Bloomberg News.

3. Valero Delays Memphis Plant Maintenance -

Valero Energy Corp. has moved maintenance work on its Memphis plant to April from March after a key parts supplier went out of business, according to a report from Bloomberg News.

4. Storm Leads Companies to Postpone Earnings Reports -

NEW YORK (AP) – A number of major U.S. companies postponed quarterly earnings reports scheduled for Monday and Tuesday, as Hurricane Sandy barreled into the East Coast and caused the first unplanned shutdown of financial markets since 2001.

5. Praxair Files $2M Permit App for Pidgeon Park Site Work -

3587 Paul R. Lowry Road
Memphis, TN 38109
Permit Cost: $2 million

Permit Date: Applied June 2012
Owner: Praxair Inc.
Tenant: Praxair Inc.
Contractor: W.G. Yates & Sons Construction Co.
Details: Praxair Inc., an industrial gases company that operates an air separation complex in Frank C. Pidgeon Industrial Park, has filed a $2 million building permit application to lay a foundation at its facility, 3587 Paul. R. Lowry Road.

6. Praxair Files Permit App for Pidgeon Construction -

Praxair Inc., an industrial gases company that operates an air separation complex in Frank C. Pidgeon Industrial Park, has filed a $2 million building permit application to lay a foundation at its facility, 3587 Paul. R. Lowry Road.

7. Fueling Up -

If the political ads along these lines haven’t already started by the time this story is printed, don’t worry. They’ll arrive soon enough.

Somewhere out there, a Republican political strategist is cooking up an ad that hits President Barack Obama over the average price at the gas pump these days – which, while it has fallen in recent weeks, is still a lot higher than when the president took office. At press time, the national average for a gallon of regular gas was $3.72 – up from a little less than $2 when George W. Bush left office.

8. Liddon Solves Problems for Relocating Companies -

When Robert Liddon began as a clerk at Heiskell Donelson after his second year in law school in 1974, there were about 25 attorneys.

Now the firm known as Baker, Donelson, Bearman, Caldwell & Berkowitz PC is made up of about 600.

9. Valero Offers $25K Reward in Employee Killing -

MEMPHIS (AP) – Valero Energy Corp. on Thursday offered a $25,000 reward for information leading to an arrest in the fatal shooting of an employee of the company's refinery in Memphis.

10. Refinery Operator Valero Energy Posts Q4 Profit -

SAN ANTONIO, Texas (AP) – Valero Energy Corp. said Tuesday that it earned a profit in the fourth quarter as new refineries helped boost revenue beyond expectations.

11. Valero Awarded 15-Year Tax Freeze -

A local economic development agency granted a 15-year tax freeze to Valero Energy Corp. in return for the company spending more than $298 million in planned investments and upgrades at the Memphis refinery.

12. Valero Wins 15-Year Tax Freeze -

A local economic development agency granted a 15-year tax freeze to Valero Energy Corp. in return for the company spending more than $298 million in planned investments and upgrades at the Memphis refinery.

13. Valero Plans to Invest $298M in Memphis -

Two Memphis companies will ask for tax breaks at next week’s board meeting of the Memphis-Shelby County Economic Development Growth Engine – better known as EDGE – to help them keep and make new investments in their local operations.

14. Valero Planning $298M Investment in Memphis -

Two Memphis companies will ask for tax breaks at next week’s meeting of the Memphis-Shelby County EDGE Board to help them keep and make new investments in their local operations.

The board meets Wed., Dec. 21, at the Crescent Center, 6075 Poplar, at 3:00 p.m.

15. Valero Restarting Refinery Units After Fire -

SAN ANTONIO (AP) – Valero Energy Corp. on Thursday said it is in the process of restarting units at its Memphis refinery, which was shut down after a fire on Aug. 5. It warned the shutdown will lead to lower production and higher costs.

16. Farmers, Ethanol Makers Likely OK With No Subsidy -

CHAMPAIGN, Ill. (AP) – The likely end of a $5 billion-a-year federal subsidy that helped build the ethanol industry will likely mean two things, experts who have followed its development say.

17. No Octane -

Several of Memphis’ major publicly traded companies pointed to it during calls with analysts and presentations of their first quarter results.

An expected drop in automobile travel during the Memorial Day holiday weekend in Tennessee and neighboring states is expected to be influenced by it.

18. Special Coverage: Mid-South Flooding -

Coverage of the rising waters in the Memphis area

Scientists to Determine Exact River Crest Height

The Mississippi River at Memphis crested Tuesday. But at what level?

The river level that goes into the history books will take a few days to determine, according to Memphis National Weather Service meteorologist Richard Okulski.

19. River Rising -

The workweek began at many Memphis companies with a review of flood contingency plans.

The week ahead promises to be a challenging one.

By Monday evening, the National Weather Service had changed its forecast to keep the May 10 crest date for the Mississippi River at Memphis. But they upped the river level from 45 feet to 48 feet.

20. Praxair to Expand Capacity at Memphis Factory -

DANBURY, Conn. (AP) — Praxair Inc. said Monday it will double the capacity of the air-separation complex at its Memphis plant to produce more oxygen and nitrogen for steel maker Nucor Corp. and oil refiner Valero Energy Corp.

21. Valero Narrows 4Q Loss to $438M as Demand Improves -

NEW YORK (AP) – Valero Energy Corp. said Wednesday its fourth-quarter loss narrowed as demand for fuel and other refined petroleum products picked up.

22. Biofuel Firms Seek New Life Amid Changes -

While the Mississippi Delta region is considered a centerpiece of agricultural diversity and productivity in the southern U.S – distinguished by a variety of soil types, favorable climate and fairly long growing season – the biofuels industry must become viable to take advantage of the area’s assets.

23. Engelhardt to Step Down From Valero Board -

SAN ANTONIO (AP) – Fuel refiner Valero Energy Corp. said Tuesday that Irl Engelhardt has decided to step down from its board at the end of this year.

24. Valero Gives $10K to Agape -

Valero Energy Corp. has donated $10,000 to Agape Child & Family Services.

The donation will support Agape’s Families in Transition Program, which serves homeless pregnant women and their children.

25. Valero Donates $300K to 27 Nonprofits -

Valero Energy Corp. Thursday donated $300,000 to 27 nonprofit organizations.

The money was distributed at Creative Life Inc., which is a long-time recipient of monetary gifts from Valero.

26. Valero Margins Squeezed by Rising Crude Prices -

NEW YORK (AP) - The largest independent petroleum refiner in the U.S. said Tuesday it lost nearly $500 million in the third quarter as it was caught between a rise in oil prices and a slump in American travel.

27. Valero Shares Fall as Analyst Downgrades Stock -

NEW YORK (AP) - Shares of Valero Energy Corp. fell on Wednesday as an analyst downgraded the refiner's stock, citing a potential $1 billion asset write-down and a weak outlook for the industry.

28. Valero to Eliminate Jobs At New Jersey Refinery -

More bad news for the oil refining industry in southern New Jersey.

San Antonio-based Valero Energy Corp., which has a refinery in Memphis, has reported it plans to eliminate 100 jobs of the 550 at its Paulsboro, N.J., plant by year’s end.

29. Trade, Jobless Claims Figures Show Recession Fades -

WASHINGTON (AP) – The U.S. trade deficit in July hit the highest level in six months as a record rise in imports outpaced a third straight increase in foreign demand for American products, according to government data released Thursday. Both gains provided more evidence the worst recession since the 1930s was losing its grip on the global economy.

30. Valero Energy to Close Part of Delaware Refinery -

SAN ANTONIO (AP) - Valero Energy Corp., the nation's largest independent refiner, said Tuesday it will close an unprofitable portion of a Delaware refinery, laying off at least 150 employees and 100 contract workers.

31. Valero Reports Q2 Loss as Energy Demand Crumbles -

HOUSTON (AP) - Valero Energy Corp., the largest U.S. independent oil refiner, said Tuesday it lost $254 million in the second quarter as lower margins and weak demand for gasoline and other refined products hammered results.

32. OSHA Fines Valero for Refinery Violations -

DELAWARE CITY, Del. (AP) - Federal officials have cited Valero Energy Corp. for workplace safety and health violations at its Delaware City oil refinery.

The U.S. Department of Labor's Occupational Safety and Health Administration said Thursday that the violations carry proposed fines totaling $107,500.

33. Valero Closes Aruba Refinery For at Least Two Months -

Valero Energy Corp., which has a refinery in Memphis, said it will close its Aruba refinery for at least two months this summer as falling prices for its refined products make the plant less profitable.

34. Total Thwarts Valero in Refinery Deal -

NEW YORK (AP) – European oil giant Total S.A. blocked Valero Energy Corp. from buying Dow Chemical Co.’s stake in a Dutch refinery Friday, instead choosing Russia’s Lukoil Co. for the lucrative venture.

35. Valero, State Tension Eases -

It’s too soon to say the danger has passed for Valero Energy Corp.’s Memphis refinery, which officials had been worried would be forced to shut down if state legislation with an expensive new mandate stays on track.

36. Green Plains to Buy Two VeraSun Plants for $123.5M -

SIOUX FALLS, S.D. (AP) - Green Plains Renewable Energy Inc. said Thursday that it's buying two Nebraska ethanol plants that were acquired by a lender during VeraSun Energy Corp.'s bankruptcy auction.

37. Valero Closes on Last VeraSun Ethanol Plant -

SIOUX FALLS, S.D. (AP) - Oil refiner Valero Energy Corp. said it has closed on the sale of an ethanol plant in Albion, Neb., the last of seven it's purchasing from VeraSun Energy Corp.

38. Valero Q1 Profit Jumps 18 Pct But Revenue Tumbles -

HOUSTON (AP) - Valero Energy Corp. said Tuesday its first-quarter profit rose more than 18 percent, easily beating Wall Street expectations as higher margins for turning crude into gasoline offset weak demand for a variety of refined products.

39. Tabor Orthopedics to Renovate Newly Purchased Office Building -

1244 Primacy Parkway
Memphis, TN 38119
Permit Amount: $1.5 Million

Project Cost: $1.5 million
Permit Date: Applied April 2009
Completion: October 2009
Owner: Primacy Partners LLC
Tenant: Tabor Orthopedics
Contractor: Grinder, Taber & Grinder Inc.
Architect: Archimania

40. Valero Files Permits For Refinery Improvements -

Valero Refining Co. and Valero Energy Corp. this week filed three permit applications totaling $2.5 million with the city-county Office of Construction Code Enforcement to install new foundations and buildings at the Valero refinery at 543 Mallory Ave. off Interstate 55 near Downtown.

41. VeraSun Closes Sale of 5 Ethanol Plants to Valero -

SIOUX FALLS, S.D. (AP) - VeraSun Energy Corp. says it has closed on the sale of five ethanol plants and one development site to traditional refiner Valero Energy Corp.

42. Valero Energy Files Permit For Rivergate Road Property -

A $760,000 building permit has been filed with the city-county Office of Construction Code Enforcement for a property at 490 N. Rivergate Road. The owner and tenant are listed as San Antonio-based Valero Energy Corp. and the general contractor is listed as Performance Contractors Inc., headquartered in Baton Rouge, La.

43. Refiner Valero to Obtain 7 VeraSun Plants -

SIOUX FALLS, South Dakota (AP) - Valero Energy will buy seven ethanol plants from VeraSun Energy for $477 million, the largest biofuel buyout in terms of production capacity.

VeraSun, the second largest U.S. ethanol producer, filed for bankruptcy protection in October.

44. Valero Energy CEO's Compensation Drops 50 Percent -

NEW YORK (AP) - The chairman, president and chief executive of Valero Energy Corp. received compensation valued at $6.6 million in 2008, a 50 percent decrease from the previous year, according to an Associated Press calculation of figures disclosed in a regulatory filing.

45. Valero to Idle Delaware City Refinery for Repairs -

DOVER, Del. (AP) - Valero Energy Corp. says it will shut down its Delaware City oil refinery for at least a month while repairs are made to a major refining unit.

46. Community Groups Receive Grants From County -

Seven community groups in the neighborhoods surrounding the Premcor Refinery in South Memphis received grants totaling $150,000 from Shelby County government this week.

The money is part of a global settlement in an enforcement action filed by the U.S. Environmental Protection Agency against Valero Energy Corp., the company that owns Premcor.

47. Sector Snap: Refineries Climb on Higher Margins -

NEW YORK (AP) - Shares of refining companies gained on Thursday on news that U.S. refining margins were mostly higher this past week and on expectations that the heavily shorted stocks will rebound.

48. Valero Shares Rise on Upgrade -

NEW YORK (AP) - Shares of Valero Energy Corp. on Monday lifted after Goldman Sachs raise the refiner's price target and upgraded refineries across the board.

49. Valero Energy Posts $3.28B Q4 Loss; Shuts Gas Unit -

NEW YORK (AP) - Valero Energy Corp. said Tuesday it lost $3.28 billion in the fourth quarter as it absorbed a huge one-time valuation charge and a slowing economy kept profit margins tight.

50. Falling Energy Prices Yet to Show Economic Return -

PHOENIX (AP) - Economists believe that American consumers as a whole pocket a billion dollars every time the price for a gallon of gas drops by a penny. Given that retail gas prices have dropped by $2.44 per gallon since July, there should be a lot of money flowing back into the economy.

51. Valero Net Income Falls 9 Percent; Spending Cut -

HOUSTON (AP) - Valero Energy Corp., the largest U.S. independent oil refiner, said Tuesday its third-quarter profit fell 9 percent from a year ago, but its results were better than Wall Street forecasts.

52. Valero’s Q2 Profit Down 67 Percent -

Valero Energy Corp. reported Tuesday its second-quarter profit fell 67 percent as refining margins for products such as gasoline shrank.

The San Antonio-based company announced net income for the April to June period fell to $734 million, or $1.37 a share, from $2.25 billion, or $3.89 per share, a year ago.

53. Dillard Door Named Top 100 Security Integrator -

Memphis-based Dillard Door & Security Inc. has been named one of the Top 100 Security System Integrators in the United States, according to Security Distribution and Marketing Magazine.

This is the third time the company, which was ranked 80 out of 100, has been named to the list.

54. Valero ExploresSale of Memphis Refinery -      Valero Energy Corp., the San Antonio, Texas-based oil refiner that owns a Memphis refinery, reported fourth-quarter earnings Tuesday that were about half of that earned during the same quarter of 2006.
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55. Valero Explores Sale of Memphis Refinery -

Valero Energy Corp., the San Antonio, Texas-based oil refiner that owns a Memphis refinery, reported fourth-quarter earnings Tuesday that were about half of that earned during the same quarter of 2006.

56. Valero PresidentResigning at Year's End -      The president of Valero Energy Corp. announced Tuesday that he will resign at the end of the year.
     Greg King, 46, will resign effective Dec. 31 after 14 years with the San Antonio-based

57. Valero CompletesPremcor Acquisition - Valero Energy Corp. last week completed its acquisition of Premcor Inc., establishing its place as the largest refinery company in North America. The company will take a one-time, non-cash charge of $600 million in the third quarter in connection wit