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Editorial Results (free)

1. Experts Say Untruthful Jurors Pose a Rare Hazard -

NASHVILLE, Tenn. (AP) — Guilty verdicts in some of the nation's most high-profile criminal cases have been thrown out recently because of jurors who were not truthful. But despite the recent problems with jurors, legal experts say these cases are the exception.

2. FedEx St. Jude Classic Gets Two Top-Tier Commits -

The FedEx St. Jude Classic field is getting deeper. Reigning FedExCup champion Billy Horschel and 2012 U.S. Open champion Webb Simpson have committed to play in the tournament at TPC Southwind, June 8-14. They join a field for the $6 million event that already includes fan favorite Phil Mickelson and 2012 FESJC champ Dustin Johnson.

3. FedEx St. Jude Classic Gets Two Top-Tier Commitments -

The FedEx St. Jude Classic field is getting deeper.

Reigning FedExCup champion Billy Horschel and 2012 U.S. Open champion Webb Simpson have committed to play in the tournament at TPC Southwind, June 8-14. They join a field for the $6 million event that already includes fan favorite Phil Mickelson and 2012 FESJC champ Dustin Johnson.

4. US Retail Sales Heat Up in March; Has Big Thaw Arrived? -

WASHINGTON (AP) – Americans increased their spending on autos, furniture, clothing and building materials in March, lifting retail sales for the first time in four months.

Retail sales jumped 0.9 percent last month, after declining 0.5 percent in February, the Commerce Department said Tuesday. The rebound suggests that shoppers are returning after an unseasonably cold winter froze sales.

5. American Economy Bounces Back From Brutal Winter -

WASHINGTON (AP) – The American economy shrugged off the end of a brutal winter last month, rebounding with the biggest hiring surge in two years and suggesting that the job market's gains could endure.

6. Sales of US Existing Homes Slip to 20-Month Low -

WASHINGTON (AP) – Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.

7. FDIC Sues 16 Big Banks That Set Key Rate -

WASHINGTON (AP) – The Federal Deposit Insurance Corp. has sued 16 big banks that set a key global interest rate, accusing them of fraud and conspiring to keep the rate low to enrich themselves.

8. US Manufacturing Boosted by Orders and Stockpiles -

WASHINGTON (AP) – U.S. manufacturing expanded more quickly last month as companies received more orders and boosted their stockpiles.

A measure of production fell to its lowest level in nearly five years, likely a casualty of severe winter weather. But the rise in orders raises the possibility that factory output will rebound in coming months, economists said.

9. Complaint Alleges Deutsche Bank Discrimination -

Deutsche Bank allegedly discriminated against minority neighborhoods in the Memphis area in the way it handled bank-owned properties, according to a complaint filed with the federal government.

10. Orpheum Files Permit For Performing Arts Center -

225 S. Main St.
Memphis, TN 38103

Permit Cost: $10.2 million

Project Cost: $14.5 million

11. Industrial Portfolio Sells for $17 Million -

An affiliate of Boston-based Taurus Investment Holdings LLC has paid close to $17 million for a 650,000-square-foot industrial portfolio on South Mendenhall Road in Hickory Hill.

12. Fears of Slowdown Sharpen Focus on US Jobs Report -

WASHINGTON (AP) – Fears of an economic slowdown are heightening anticipation of what Friday's U.S. jobs report for January might reveal.

Stock markets have sunk after signs of weaker growth in the United States, Europe and China. Turmoil in developing countries has further spooked investors. The upheaval has renewed doubts about the Federal Reserve's next steps.

13. JetBlue, Southwest Win Rights at DC Airport -

DALLAS (AP) – Southwest and JetBlue say they are the beneficiaries of a deal requiring American Airlines to give up some of its coveted operating rights at Washington's Reagan National Airport.

14. T-Mobile to Buy Spectrum Licenses From Verizon -

BELLEVUE, Wash. (AP) – T-Mobile said Monday that it's reached deals to buy spectrum licenses from Verizon Wireless for $2.37 billion in cash, allowing it to improve certain kinds of cellular service in markets across the U.S.

15. Weekly US Jobless Claims Hit 9-Month High of 379,000 -

WASHINGTON (AP) – The number of people seeking U.S. unemployment benefits rose 10,000 last week to a seasonally adjusted 379,000, the highest since March. The increase may reflect volatility around the Thanksgiving holidays.

16. US Construction Spending Up 0.8 Percent in October -

U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government projects. But spending on home construction and commercial projects both fell.

17. US Construction Spending Up 0.8 Percent in October -

U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government projects. But spending on home construction and commercial projects both fell.

18. Justice Department Official Admonishes Nation's Bankers -

WASHINGTON (AP) – Admonishing the nation's bankers, the Justice Department's No. 2 official says too many financial institutions have failed in their duty to ensure that their businesses are run cleanly.

19. US Businesses Boost Hiring Despite the Shutdown -

WASHINGTON (AP) – The U.S. economy may be sturdier than many had assumed.

Employers added a surprisingly strong 204,000 jobs in October despite the 16-day government shutdown, the Labor Department said Friday. And they did a lot more hiring in August and September than previously thought.

20. Sluggish US Hiring Shows Effects of Budget Impasse -

A dim view of the U.S. job market emerged Tuesday with a report that employers cut back on hiring in September just before a partial government shutdown began.

Just 148,000 jobs were added last month, a steep drop from August’s gain, though they were enough to lower unemployment to 7.2 percent from 7.3 percent in August. The report bolsters expectations that the Federal Reserve will maintain its pace of bond purchases for the rest of 2013 to try to keep long-term loan rates low.

21. Sluggish US Hiring Shows Effects of Budget Impasse -

A dim view of the U.S. job market emerged Tuesday with a report that employers cut back on hiring in September just before a partial government shutdown began.

Just 148,000 jobs were added last month, a steep drop from August’s gain, though they were enough to lower unemployment to 7.2 percent from 7.3 percent in August. The report bolsters expectations that the Federal Reserve will maintain its pace of bond purchases for the rest of 2013 to try to keep long-term loan rates low.

22. US Builders Boost Single-Family Home Construction -

WASHINGTON (AP) – U.S. builders started work in August on the most single-family homes in six months and requested permits to construct even more in future months. The figures suggest housing remains a driver of economic growth despite higher mortgage rates.

23. US Economy Grew at Sluggish 1.7 Percent Pace in Second Quarter -

WASHINGTON (AP) – The U.S. economy grew from April through June at an annual rate of 1.7 percent – a sluggish pace but stronger than in the previous quarter. Businesses spent more, and the federal government cut less, offsetting weaker spending by consumers.

24. US Unemployment Benefit Applications Rise to 360,000 -

WASHINGTON (AP) – The number of people applying for U.S. unemployment benefits rose 16,000 last week to a seasonally adjusted 360,000, although the level remains consistent with steady hiring.

25. Slower US Growth Might Lead Fed to Delay Tapering -

WASHINGTON (AP) – The U.S. economy may not be strong enough for the Federal Reserve to slow its bond purchases later this year.

That's the takeaway from economists after the government cut its estimate Wednesday of growth in the January-March quarter to a 1.8 percent annual rate, sharply below its previous estimate of a 2.4 percent rate. The main reason: Consumers spent less than previously thought.

26. Reacting To Fed Dread -

In an otherwise exceptionally dull trading week, markets worldwide reacted violently last Wednesday to Ben Bernanke’s mixed congressional testimony and the Fed meeting minutes released later in the day. Why so skittish?

27. US Consumers Boost Spending 0.2 Percent in March -

WASHINGTON (AP) – Americans kept increasing their spending in March and their income grew, further indication that consumers are shaking off higher taxes.

The Commerce Department said Monday that consumer spending rose 0.2 percent in March from February. That followed a 0.7 percent jump in February and a 0.3 percent gain in January.

28. FedEx Wins $10.5 Billion Contract With USPS -

FedEx Corp. said Tuesday, April 23, it won a $10.5 billion contract to carry mail between domestic airports for the U.S. Postal Service.

29. US Housing Starts Surpass 1 Million in March -

WASHINGTON (AP) – U.S. homebuilders broke the 1 million mark in March for the first time since June 2008. The gain signals continued strength for the housing recovery at the start of the spring buying season.

30. US Jobless Aid Applications Fall to 5-Year Low -

WASHINGTON (AP) – The number of Americans seeking unemployment aid plummeted to a five-year low last week, a hopeful sign the job market may be improving. But much of the decline reflects seasonal volatility in the data.

31. UPS Scraps $6.9 Billion TNT Buyout -

United Parcel Service Inc. has scrapped plans to grow in Europe through the acquisition of Dutch delivery company TNT Express because European regulators were getting ready to reject the $6.9 billion deal.

32. UPS Abandons $6.9 Billion Takeover for TNT Express -

AMSTERDAM (AP) – Shares in package delivery company TNT Express NV lost almost half their value Monday after that United Parcel Service Inc. had decided to ditch its €5.2 billion ($6.9 billion) takeover of the struggling Dutch company, citing objections from European regulators.

33. US Still Faces Political Fights on Spending, Debt -

WASHINGTON (AP) – A last-minute deal will keep the U.S. from driving off the so-called "fiscal cliff," but higher taxes and continued political fighting in Washington threaten to shake the fragile economy well into 2013.

34. US Home Prices Rise in October From Previous Year -

US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the more dormant fall and winter sales period.

35. US Home Prices Rise in October From Previous Year -

US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the more dormant fall and winter sales period.

36. US Unemployment Aid Applications Drop to 370,000 -

The number of people seeking U.S. unemployment aid fell sharply last week as a temporary spike caused by Superstorm Sandy has faded. Weekly applications have fallen back to a level consistent with modest hiring.

37. US Unemployment Aid Applications Drop to 370,000 -

The number of people seeking U.S. unemployment aid fell sharply last week as a temporary spike caused by Superstorm Sandy has faded. Weekly applications have fallen back to a level consistent with modest hiring.

38. UPS Offers Regulators Concessions on TNT Bid -

United Parcel Service Inc. says it has offered the European Union’s regulatory watchdog some concessions in its proposed €5.16 million ($6.8 billion) takeover of TNT Express NV.

39. Fewer Seek Jobless Aid as Storm Distorts Data -

WASHINGTON (AP) – The number of people seeking U.S. unemployment benefits fell sharply to a seasonally adjusted 410,000, though the figure was elevated for the second straight week by Superstorm Sandy.

40. Pera’s Ubiquiti Reports Earnings Next Week -

The last time his company held its quarterly earnings conference call for analysts, Robert Pera was asked rather pointedly by one analyst whether he was still going to pull the trigger on his purchase of the Memphis Grizzlies.

41. US Suit Alleges 'Brazen' Fraud at Countrywide -

NEW YORK (AP) — The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to churn out loans, accepted fudged applications and tried to hide ballooning defaults.

42. FedEx Sees Online Shoppers Powering Holiday Record -

FedEx expects to ship a record number of packages during the holidays, thanks to shoppers’ growing fondness for buying online.

The company expects to handle 280 million shipments between Thanksgiving and Christmas, up 13 percent from the same stretch last year.

43. Rise in US Home Sales Reflects Steady Improvement -

WASHINGTON (AP) – Americans bought more homes in July than in June, the latest evidence that the housing market is slowly, but steadily, improving.

Sales of previously occupied homes rose to a seasonally adjusted annual rate of 4.47 million in July, a 2.3 percent increase from the previous month's rate, the National Association of Realtors said Wednesday.

44. Gaylord Entertainment Share Offering Priced at $40 -

NASHVILLE (AP) – Hotel and Grand Ole Opry owner Gaylord Entertainment Co. said on Monday that a secondary offering could bring in as much as $259.6 million for the selling shareholder, TRT Holdings Inc.

45. Prospective Grizz Owner, Ubiquiti Look Ahead -

Robert Pera, the California businessman who’s in the process of buying the Memphis Grizzlies, was probably ready to turn the page on a new day and a new week.

46. Bumps Ahead for Pera's Tech Co., Despite Strong Quarter -

Ubiquiti Networks Inc., the communications technology company founded by prospective Memphis Grizzlies owner Robert Pera, saw its share price plummet Friday morning after the stock market's opening bell.

47. Criminal Probe led Gov't to Change Release of Data -

WASHINGTON (AP) – Federal criminal and civil investigators looked into possible leaks of economic data that the government provides early to news organizations, according to a report released Tuesday by the Labor Department.

48. Big US Banks Submit "Living Wills" to Regulators -

Nine of the largest U.S. banks have submitted plans to the federal regulators that show how they would break up and sell off their assets if they are in danger of failing.

The Federal Deposit Insurance Corp. released summaries of the "living wills" on Tuesday for Bank of America, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Morgan Stanley and UBS.

49. Deutsche Bank Analyst Boosts AutoZone to "Buy" -

NEW YORK (AP) – A Deutsche Bank analyst on Tuesday raised his rating for AutoZone Inc. to "Buy" from Hold," saying that the auto parts retailer will soon get a boost from slowing new car sales and falling gas prices.

50. T-Mobile USA to Buy, Swap Spectrum With Verizon -

NEW YORK (AP) – Verizon Wireless on Monday said that it has agreed to sell some wireless spectrum rights to T-Mobile USA and swap others, in a continuing quest to get regulators to approve a bigger spectrum deal it has worked out with a consortium of cable companies and another wireless carrier.

51. Sprint to Shut Nextel as Early as June 2013 -

NEW YORK (AP) – Sprint Nextel Corp. on Tuesday said it will shut down the Nextel network as early as June 30 next year, cutting off service for its characteristic walkie-talkie-like Nextel phones.

52. JPMorgan Suspends Stock Repurchase Plans -

JPMorgan Chase CEO Jamie Dimon says the bank is suspending plans to buy back its own stock.

Dimon said Monday the bank will continue to pay a dividend despite the $2 billion trading loss disclosed on May 10.

53. JPMorgan Loss Sets Off Call for Heavier Regulation -

WASHINGTON (AP) – A surprise $2 billion trading loss by a division of JPMorgan Chase triggered calls Friday for tougher regulation of banks three years after their near-death experience in the financial crisis.

54. US Phone Subscribers Hang Up on Contracts -

NEW ORLEANS (AP) – U.S. consumers have had their fill of expensive, contract-based phone plans.

Figures from T-Mobile USA on Thursday, added to earlier reports from other companies, indicate that the U.S. wireless industry lost subscribers from contract-based plans for the first time in the first quarter. Contract-based plans are the most lucrative ones for phone companies. The industry default over the past several decades, they account for the vast majority of revenue at the big phone companies.

55. New York Co. Buys Into Four Lenox Park Bldgs. -

3150 Lenox Park Blvd., 6750 Lenox Center Drive, 6745 Lenox Center Court and 6775 Lenox Center Court Memphis, TN 38115

56. Westwood Apt. Complexes Sell for $1M in Foreclosure -

Memphis-based Washington Manor Investments LLC has bought the Oak Run and Southern Pines apartment complexes at 1960 Florida St., 25 Belz Blvd. and 41 Belz Blvd. at a Friday, April 27, foreclosure sale for $1 million.

57. Contracts for US Homes Rose Last Month -

WASHINGTON (AP) – An index that tracks the number of signed contracts to buy U.S. homes rose to its highest level in nearly two years last month, the latest sign the battered housing market is slowly improving.

58. Momentum in Hiring, Home Sales Appears to Slow -

WASHINGTON (AP) — Momentum in U.S. hiring and home sales appears to be slowing, according to fresh data.

The average number of people seeking U.S. unemployment benefits over the past month is at a three-month high. And fewer Americans bought previously owned homes in March after mild weather boosted sales in the previous two months.

59. UPS to Buy TNT Express for $6.8 Billion -

AMSTERDAM (AP) – United Parcel Service Inc. said Monday it will buy Netherlands-based TNT Express NV for $6.77 billion (€5.16 billion) in a cash deal that will create a company with annual sales of €60 billion.

60. US Unemployment Applications Hover Near Low Levels -

WASHINGTON (AP) – Slightly more Americans applied for unemployment benefits last week. But the overall level stayed low enough to suggest the job market is strengthening.

The Labor Department said Thursday that weekly applications increased by 8,000 to a seasonally adjusted 362,000.

61. All Areas of the Country Show Growth, Fed Reports -

WASHINGTON (AP) – The U.S. economy started the year off well with busier factories, higher retail sales, more jobs and growth in home sales.

The Federal Reserve said Wednesday that all 12 of its banking districts reported some level of growth in January and the first half of February.

62. Will Higher Gas Prices Derail the Economy? -

NEW YORK (AP) – The price of gas has jumped 45 cents since Jan. 1 and is the highest on record for this time of year, an average of $3.73 a gallon. On Wall Street, talk has turned from the European debt crisis to another worry: Will higher gas prices derail the economic recovery?

63. Dutch Logistics Co. TNT Rejects UPS' $6.43B Bid -

NEW YORK (AP) – United Parcel Service, the world's largest package delivery company, said Friday it is still in talks to acquire TNT Express even after the Dutch package delivery company rejected a $6.43 billion bid.

64. Economy Gains as Businesses Spend More, Fire Less -

WASHINGTON (AP) – Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers.

Government figures on manufacturing and unemployment claims released Thursday raised hopes on the eve of a report on how much the economy grew in the October-December quarter.

65. Delta, Lufthansa to Hike Prices to Cover Emissions -

NEW YORK (AP) – Within days of new European rules on carbon emissions produced by passenger jets, two major airlines say they will raise fares.

Delta Air Lines Inc. began adding $6 per round trip to the price of tickets sold in the U.S. for travel to Europe. And Deutsche Lufthansa AG said it will raise prices but not right away.

66. Lamar Crossing Apts. Changes Owners Again -

2881 Lamar Ave.
Memphis, TN 38114
Loan Amount: $3.5 million

Loan Date: Oct. 7, 2011
Maturity Date: n/a
Borrower: Lamar Apartments LP
Lender: Nessko TN LLC

67. Cross Creek Apartments Financed for $11.2M -

Cross Creek-Millington LLC has filed an $11.2 million multifamily deed of trust through Deutsche Bank Berkshire Mortgage Inc. for Cross Creek Apartments, 8594 Blue Creek Circle in Millington.

68. LNR Buys Germantown Apartments for $17.1M -

7491 Wyndhurst Place or
7455 Wolf River Blvd.
Germantown, TN 38138

69. Justice Dept Wants to Put Off AT&T-T-Mobile Trial -

WASHINGTON (AP) – The Justice Department said Friday it wants to withdraw or postpone its antitrust case against the proposed merger between AT&T Inc. and smaller rival T-Mobile USA now that the two companies pulled their application with the Federal Communications Commission to approve the deal.

70. LNR Partners Buys Germantown Apts. -

DMARC 2006-CD2 Wyndhurst Place LLC, an entity affiliated with Miami-based LNR Partners LLC, has bought Oakwood temporary housing apartment complex at 7455 Wolf River Blvd. in Germantown at a foreclosure sale for $17.1 million.

71. Cable Companies to Resell Verizon Wireless Service -

NEW YORK (AP) – Cable companies Comcast Corp., Time Warner Cable Inc. and Bright House Networks are giving up on their dreams of creating their own wireless network, opting instead to resell Verizon Wireless service.

72. Railroads Avert Looming Strike -

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

73. Railroads Avert Looming Strike -

NEW YORK (AP) – Railroads have cleared a major hurdle as the industry averted a looming strike, paving the way for growth ahead, analysts said Friday.

The freight rail industry announced late Thursday it has settled labor disputes with two unions and agreed to extend talks with a third. Without the agreements, the railway unions could have launched a strike as early as Tuesday, when a federal "cooling off" period was set to expire. The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.

74. FCC Chairman Opposes AT&T Takeover of T-Mobile -

LOS ANGELES (AP) – The chairman of the Federal Communications Commission has come out against the merger of cellphone giant AT&T and T-Mobile USA.

Julius Genachowski made his position known in a document he circulated to fellow commissioners Tuesday.

75. Europe’s Unappealing Options: Print or Perish -

Call The European crisis tour stopped in Italy last week. Bond yields climbed above the feared 7 percent, triggering immediate hysteria worldwide. Compounding the issue, Italy and Greece both had “help-wanted” ads out for prime ministers and received no applicants.

76. Lightman Entity Buys Sanderlin Centre -

5101 Sanderlin Ave.
Memphis, TN 38117
Sale Amount: $5.3 million

Sale Date: Nov. 1, 2011

77. Job Market Improves Modestly as Unemployment Falls -

WASHINGTON (AP) – The American job market improved modestly in October, and economists looking deeper into the numbers found real reasons for optimism – or at least what counts for optimism in this agonizingly slow economic recovery.

78. Germantown Retirement Home Financed for $12.9M -

Germantown-based Germantown Plantation Retirement Communities LLC has filed a $12.9 million loan through Deutsche Bank Berkshire Mortgage Inc. for Germantown Plantation Senior Living Community at 9293 Poplar Ave. The loan matures in June 2045.

79. For Investors, Playing it 'Safe' Can be Risky -

CHICAGO (AP) – Investors remain anxious to find safety even as the stock market moves back toward positive territory for the year.

They're on pace to yank more than $20 billion out of stock funds this month, the fourth time in the last five months, scarred by the volatility over everything from the sluggish economy to Europe's debt crisis to the threat of another global recession.

80. Mortgage Fraud Reports Spike as Lawsuits Pile Up -

VIENNA, Va. (AP) – The wave of lawsuits and other demands from investors in mortgage-backed securities contributed to a big spike in reports of likely mortgage fraud during the second quarter, according to a Treasury Department report.

81. Mixed Impact on Consumers From Fed's 'Twist' -

Operation Twist doesn't give consumers much to shout about.

The Federal Reserve's latest effort to boost the economy by driving down long-term interest rates won't have a big impact on home and car buyers, savers or credit card users.

82. 7 State AGs Join Justice Case Against AT&T Merger -

WASHINGTON (AP) – Seven state attorneys general have joined the Justice Department's lawsuit to block the merger of AT&T Inc. and T-Mobile USA Inc.

83. First Horizon, Fitch Say Risk Manageable -

Bryan Jordan, the president and CEO of First Tennessee Bank’s parent company, told his audience at an industry conference a few days ago in New York City that his company has been out of the mortgage business for three years now.

84. Feds Sue 17 Major U.S. Banks, Including First Tenn. Parent -

The federal agency that oversees the government-sponsored mortgage entities Fannie Mae and Freddie Mac has filed lawsuits seeking billions of dollars in compensation from several major U.S. banks, including the parent company of First Tennessee Bank.

85. Feds Sue 17 Major U.S. Banks, including First Tenn. Parent -

The federal agency that oversees the government-sponsored mortgage entities Fannie Mae and Freddie Mac has filed suit seeking billions of dollars in compensation from several major U.S. banks, including the parent company of First Tennessee Bank.

86. Government Sues to Block AT&T, T-Mobile Merger -

WASHINGTON (AP) – The Justice Department filed suit Wednesday to block AT&T's $39 billion deal to buy T-Mobile USA on grounds that it would raise prices for consumers.

The government contends that the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition and that would lead to price increases.

87. Automakers Rebound in July to Lift Factory Output -

WASHINGTON (AP) – U.S. automakers rebounded in July to boost factory production by the most since the Japan crisis. But builders broke ground on fewer single-family houses, leaving home construction at depressed levels.

88. Airport Hotel, Conference Center Sells for $4.4M in Foreclosure -

2240 Democrat Road
Memphis, TN 38132
Sale Amount: $4.4 million

Sale Date: July 22, 2011

89. Retail Sales Rose 0.5 Percent in July -

WASHINGTON (AP) – Consumers spent more on autos, furniture, clothing and gas in July, pushing up retail sales by the largest amount in four months. The gain signaled that Americans are a little more confident in the economy and could helped dispel fears that the country is headed for another recession.

90. Waterford Place Apartments Sells in Foreclosure for $18.2M -

Waterford Place Apartments at 8037 Waterford Circle in Southeast Shelby County’s 38125 ZIP code has sold for $18.2 million in a substitute trustee’s sale following a foreclosure. The complex sold May 11 but wasn’t recorded by the Shelby County Register of Deeds until this week.

91. Economy Slowed Sharply in First Half of Year -

WASHINGTON (AP) — The economy expanded at a meager 1.3 percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday.

92. Villas at Cordova Complex Sells for $14.2M in Foreclosure -

8546 Prestine Loop
Cordova, TN 38018
Sale Amount: $14.2 million

Sale Date: May 11, 2011

93. Economy's Spring Slump Could Last Through Summer -

WASHINGTON (AP) – The economy's spring slump appears to be extending into the summer, according to a slew of mixed data released Thursday.

Layoffs are rising. Manufacturing activity in the Northeast expanded only slightly in July after contracting in June. Economic growth is projected to pick up this fall, but not enough to give businesses confidence to hire and speed the recovery.

94. Villas at Cordova Sells for $14.2M -

The Villas at Cordova apartment complex at 8546 Prestine Loop in Cordova has sold in a substitute trustee’s deed following a foreclosure for $14.2 million.

95. Factories Busier in June After Spring Slump -

NEW YORK (AP) – U.S. factory activity picked up in June after a sluggish May, helped by lower gas prices and some easing of supply disruptions.

The Institute for Supply Management, a trade group of purchasing executives, said Friday that its index o activity rose to 55.3. The sector has now grown for 23 straight months. Last month's growth was the slowest in 20 months.

96. Mortgage Exec Gets 30 Years for $3 Billion Fraud -

ALEXANDRIA, Va. (AP) – An executive convicted of orchestrating a $3 billion fraud as chairman of one of America's largest private mortgage companies was sentenced Thursday to 30 years in prison.

97. Energy Prices Held Back Growth in First Quarter -

WASHINGTON (AP) – High gasoline prices, government budget cuts and weaker-than-expected consumer spending caused the U.S. economy to grow only weakly in the first three months of the year.

98. Job Gains Should Offset Higher Gas and Food Prices -

WASHINGTON (AP) – Consumers spent more in April, but most of their money went to pay higher food and gas prices.

The rising cost of basic necessities is threatening to slow economic growth in the coming months. But hiring gains are the best in five years, commodity prices are easing, and gas prices could follow in the weeks ahead.

99. More People Applied for Unemployment Benefits -

WASHINGTON (AP) – More people sought unemployment benefits last week, the second rise in three weeks, a sign of the slow and uneven jobs recovery.

Applications for unemployment benefits jumped 25,000 to a seasonally adjusted 429,000 for the week ending April 23, the Labor Department said Thursday. That's the highest total since late January.

100. Fewer People Sought Unemployment Aid Last Week -

WASHINGTON (AP) – Fewer people applied for unemployment benefits last week, resuming a downward trend that signals stronger job growth ahead.

Applications for unemployment benefits fell to a seasonally adjusted 403,000 in the week ending April 16, the Labor Department said Thursday. The decline partially reversed a jump in applications from the previous week, which economists said was largely the result of a seasonal quirk.