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Editorial Results (free)

1. -
EMPHASIS Securities & Investments
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2. -

SPECIAL EDITION Securities & Investments
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3. Shelby County Schools Seeks New Funding for Classroom Investments -

The bottom line on the Shelby County Schools budget proposal headed to Shelby County Commissioners is $973.5 million, but the dollar figure commissioners will be considering is $14 million.

That’s the amount of new funding the system is seeking from county government for the fiscal year that begins July 1. Otherwise, the school system’s budget is balanced.

4. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

5. Brewery Developers Buy Key Property on Butler -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

6. Brewery Developers Acquire Butler Avenue Land -

The team behind the development of the historic Tennessee Brewery has acquired a key piece of property adjacent to the long-vacant structure as plans for the new Brewery Revival series of events there move forward.

7. Tax-Smart Investment Strategies -

RAY’S TAKE: I’ve heard it said that it’s not what you make, it’s what you keep that counts. Taxes matter, and over time they matter a lot. Using tax smart investments can reduce the amount of taxes you pay while you are in your accumulation years and also impact taxes you pay after you retire.

8. 2015 Financial Markets Off to Converse Start From 2014 -

The first two months of the calendar year can present an intriguing opportunity to examine the state of the financial markets, as fourth quarter earning’s season is basically complete. Let’s take a look first at the broad equity markets, starting with a 2014 review:

9. Saving for Retirement: Obama Proposal Sets Up Wall Street Fight -

WASHINGTON (AP) – Tapping the anxieties of aging baby boomers, President Barack Obama on Monday called for tougher standards on brokers who manage retirement savings accounts, a change that could affect the investment advice received by many Americans and aggravate tensions between the White House and Wall Street.

10. Former Miami Mayor Diaz to Speak in Memphis -

In his forward to former Miami mayor Manny Diaz’s book “Miami Transformed,” Michael Bloomberg said Diaz will go down in history as one of the country’s most innovative urban leaders.

11. Ready to Spend -

Elizabeth Moss is in the middle of a total kitchen renovation at the Hendersonville home she bought on August 4, 2013.

12. Comfy Camping -

The way Andy Cates explains it, camping out hasn’t changed a lot in about half a century.

And while “roughing it” appeals to many of those in search of outdoors experiences, for others – sometimes in the same family – it doesn’t or it isn’t possible.

13. Professional Development Pays Dividends -

We were reviewing a proposal for a client this week and noticed in the funder’s guidelines a request for information about the organization’s ongoing training and professional development activities, and the budget for these. Needless to say there was silence in the room.

14. Saudi Prince set to Visit Memphis Monday -

A member of the Saudi royal family, Prince Khaled bin Alwaleed, is scheduled to visit Memphis Monday, touring locations that include the Ronald McDonald House of Memphis.

The prince, who’s also the founder of private investment company KBW Investments, is set to tour the Ronald McDonald House facilities and have lunch with the organization’s staff, board members and founders. While there, he’ll also speak with families and learn about the organization’s history and mission, among other things.

15. House Votes to Make Expired Business Tax Breaks Permanent -

WASHINGTON (AP) – The House voted Friday to make permanent an expired tax break designed to help small businesses invest in equipment and property, defying a veto threat by the White House.

16. Crosstown Crossroads -

Richard Spore and his colleague at the Memphis office of the Bass Berry & Sims law firm have worked on several ambitious, game-changing projects like the transformation of Overton Square and Bass Pro Shops’ redevelopment of The Pyramid.

17. American Express, Costco to End US Exclusivity Deal -

Costco shoppers who have been limited for years to American Express credit cards may be able to pluck a new option from their wallets or purses next year after an exclusivity deal between the companies expires.

18. County Commission Approves Kings Pointe Development -

On Monday, Feb. 9, Shelby County Commissioners approved a planned development at Riverdale Road and Kings Crown Drive as the King’s Pointe planned development.

The plan is to build 220 units of townhouses and multi-family apartments with a clubhouse and other amenities.

19. Wade to Lead Southern College of Optometry's Hayes Center -

Dr. Lisa Wade has been named director of the Hayes Center for Practice Excellence at Southern College of Optometry, which focuses on teaching business principles to help optometrists succeed in independent practice.

20. Growth is Great, But Where Will Workers Live? -

For the past two years, developers, property owners and Realtors alike have been treated to what some call the best real estate market in the country. Sellers are realizing astronomical returns on their investments as they shed properties that they have been strapped with for years.

21. Editorial: Government Cheese(cake) -

We are too easy. Say the words “Cheesecake Factory” and we act like we’ve won the lottery.

All of our problems are solved. The historically high poverty rate that has plagued us for generations is about to become a thing of the past.

22. Net Neutrality and What It Could Mean to You -

WASHINGTON (AP) – A top U.S. regulator just announced he wants more power to oversee Internet service, much in the same way that the government already regulates phone service and other public utilities. The goal is to prevent Internet service providers like AT&T, Verizon, Comcast, Sprint and T-Mobile from blocking or slowing down Web traffic, or striking deals with companies that provide content like Amazon, Google or Netflix to move their data faster than others.

23. S&P Paying $1.38 Billion to Settle Charges Over Crisis-Era Ratings -

WASHINGTON (AP) – Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis, the Justice Department announced Tuesday.

24. Wharton Defends, Touts Record at State of the City -

Memphis Mayor A C Wharton Jr. defended and touted Thursday, Jan. 29, his administration’s pursuit of the economic development projects that his challengers in the October city elections will likely use to make their case.

25. Almost Half of US Households Exhaust Their Salaries -

WASHINGTON (AP) – The Federal Reserve has declared economic growth "solid." But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating.

26. $42 Million Permit Filed For Target Fulfillment Center -

5461 Davidson Road
Memphis, TN 38118
Permit Amount: $42 million

27. Hickory Hill Retail Center Fetches $1.6 Million -

A Hickory Hill shopping center has been sold for $1.6 million.

GG Memphis Investments LLC acquired the Kirby Parkway Center at 6433 Winchester Road from Hickory Ridge 178 LLC, an affiliate of Palm Beach Gardens, Fla.-based Ram Realty Services, according to a Jan. 8 warranty deed. The registered agents for the buyer are Amit Gulati and Ajay Gulati, according to public records.

28. First Horizon Ends 2014 on Upswing -

The parent company of First Tennessee Bank wrapped up its 150th anniversary year by delivering $213 million in net income to shareholders, up from $24 million for 2013.

29. Cadillac Wants Small Dealers to Upgrade to 'Boutique' Stores -

DETROIT (AP) – In an effort to better compete with BMW and Mercedes, Cadillac wants about 700 smaller U.S. dealers to create "boutique" stores that focus on the General Motors luxury brand.

30. Hickory Hill Retail Center Fetches $1.6 Million -

A Hickory Hill shopping center has been sold for $1.6 million.

GG Memphis Investments LLC acquired the Kirby Parkway Center at 6433 Winchester Road from Hickory Ridge 178 LLC, an affiliate of Palm Beach Gardens, Fla.-based Ram Realty Services, according to a Jan. 8 warranty deed. The registered agents for the buyer are Amit Gulati and Ajay Gulati, according to public records.

31. UAW ‘Considers Itself a Partner’ With GM -

General Motors’ Spring Hill plant is firmly entrenched with the United Auto Workers.

In fact, it might not have retooled and started assembling vehicles again without the union’s efforts.

32. Financial Terms You Should Know -

Ray’s take: Do you know the RMD for your IRA? How about your AGI for the IRS? Or does the alphabet soup of financial terms leaving you scratching your head?

Some people watch interviews with investment professionals and look for subtitles, as if the conversation is in another language. It often is. Investment and tax news is typically delivered in cryptic acronyms which seem to be designed to confuse rather than inform.

33. Key Interest Rate Falls as Investors Seek Safety -

NEW YORK (AP) – A barometer of Wall Street's anxiety flashed red on Wednesday, when traders rushed to the safety of U.S. government bonds.

The surge in demand for Treasurys knocked a key interest rate to its lowest level since May 2013.

34. Executive Inn Demolition Long Time Coming -

The old Executive Inn hotel on Airways Boulevard where Brooks Road dead ends is the latest problem vacant property to be demolished and touted by Memphis Mayor A C Wharton Jr. as another step in his administration’s anti-blight effort.

35. Departing Postmaster General Slams Banking Duties Proposal -

WASHINGTON (AP) – Retiring Postmaster General Patrick R. Donahoe scoffed Tuesday at suggestions that the Postal Service could ease some of its chronic financial woes by branching out and offering basic banking services to its customers.

36. Bioworks Helped Spur Memphis Economy in 2014 -

In a variety of ways, the biosciences industry in Memphis helped lead the way in 2014 in terms of job creation and laying a foundation for economic growth in the future.

About that groundwork for growth to come, for example, the Memphis Bioworks Foundation got tapped early in 2014 to lead a new entrepreneurship venture in the city called The EPIcenter, with the goal of creating 1,000 entrepreneurs and 50 companies in the city over the next decade.

37. Volcker Critical of Delays in Bank Rule -

Former Federal Reserve Chairman Paul Volcker on Friday criticized a decision to delay full implementation of a rule that bears his name and aims to curb banks' risky investments.

The Fed said Thursday that it would delay until July 2017 the deadline by which U.S. banks will have to sell off potentially volatile holdings in private equity, venture capital and hedge funds.

38. St. Louis Fed Updates Memphis Board -

The Federal Reserve Bank of St. Louis has announced some changes to the board of directors of its Memphis branch, effective Jan. 1.

39. A Long And Winding Road -

Pennsylvania Hospital, the first hospital, was founded in 1751 by Dr. Thomas Bond and Benjamin Franklin in order to “care for the sick-poor and insane who were wandering the streets of Philadelphia.”

40. St. Louis Fed Updates Memphis Board -

The Federal Reserve Bank of St. Louis has announced some changes to the board of directors of its Memphis branch, effective Jan. 1.

41. US Home Sales Hit Slowest Pace in 6 Months in November -

WASHINGTON (AP) – Fewer Americans bought homes in November as buying slid to its slowest pace in six months.

The National Association of Realtors said Monday that sales of existing homes fell 6.1 percent to a seasonally adjusted annual rate of 4.93 million. That was down from a revised annual pace of 5.26 million in October. Over the past 12 months, sales have risen 2.1 percent.

42. Two In-Rel Properties Fetch $16.8 Million -

6263 Poplar Ave. and
2670 Union Ave. Extended
Memphis, TN

43. Volcker Critical of Delays in Namesake Rule -

Former Federal Reserve Chairman Paul Volcker on Friday criticized a decision to delay full implementation of a rule that bears his name and aims to curb banks’ risky investments.

The Fed said Thursday that it would delay until July 2017 the deadline by which U.S. banks will have to sell off potentially volatile holdings in private equity, venture capital and hedge funds.

44. In-Rel Sells 2 Office Buildings for $16.8M -

Affiliates of Clark Tower owner In-Rel Properties Inc. have sold two of the company’s other Memphis office buildings to a private equity firm for $16.8 million as part of a larger portfolio.

45. Knoxville Area a Magnet for Retirees -

Retired air traffic controller Sterling King moved to Knoxville when his brother needed him. Five years later, he has fallen in love with the area and everything it has to offer.

Moderate weather, without the bone-chilling Northern winters or the searing heat of Florida summers, is a big draw, along with its location in the foothills of the Great Smoky Mountains, says King, 58, who migrated from Dayton, Ohio, to Raleigh, North Carolina, and then to Knoxville.

46. In-Rel Sells Two Memphis Office Buildings for $16.8 Million -

Affiliates of Clark Tower owner In-Rel Properties Inc. have sold two of the company’s other Memphis office buildings to a private equity firm for $16.8 million as part of a larger portfolio.

47. Fear Drives US Stocks Higher -

In 2014, more than 600 hedge funds have disbanded. Even accounting for the carnage of 2009, this amounts to a record pace of “smart money” failures. In the more pedestrian mutual fund realm, active money managers are having their worst year of relative performance ever.

48. AutoZone Net Income Up 9.3 Percent -

AutoZone kicked off its new fiscal year with another quarter of growth, posting increases in same-store sales and earnings per share that are typical of earning announcements from the Memphis-based auto parts retailer.

49. Collierville Land Sells for $1.5 Million -

Commercial property at Winchester and Byhalia roads in Collierville has sold for $1.5 million.

CGL Investments LLC sold two parcels of vacant land to Innovative Investments LLC. The address given on the Nov. 18 warranty deed was 484 Winchester Road, located on the northeast corner of Winchester and Byhalia.

50. What Could It Hurt to Wait for a Better Offer? -

As hot as this market is, the old axiom of pigs get fat and hogs get slaughtered can apply.

In numerous situations across town, buyers and their agents are receiving offers quickly after the homes are listed only to inform those would-be buyers that they are holding all offers for a day or two and, in some cases, as long as three days.

51. Bass Pro Shops Preparing to Build Bowling Alley -

1 A.W. Willis Ave.
Memphis, TN 38103
Permit Amount: $600,000

Application Date: November 2014
Completion: May 2015
Owner: Bass Pro Shops
Tenant: Bass Pro Shops
Architect: OT Marshall Architects
Details: Bass Pro Shops is preparing to install a bowling alley inside The Pyramid.

52. Collierville Land Sells for $1.5 Million -

Commercial property at Winchester and Byhalia roads in Collierville has sold for $1.5 million.

CGL Investments LLC sold two parcels of vacant land to Innovative Investments LLC. The address given on the Nov. 18 warranty deed was 484 Winchester Road, located on the northeast corner of Winchester and Byhalia.

53. Lynnfield Place Apartments Sell for $22.4 Million -

The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

Lynnfield Apartments LLC, an affiliate of Hyde Capital LLC, purchased the 400-unit community at 1400 Lynnfield Road, between Park Avenue and Quince Road in East Memphis, from Lynnfield Holdings LLC, according to a Nov. 7 special warranty deed. Hyde Capital LLC lists an address of 3094 Autumnwood Ave. in Memphis, the same address of the 324-unit Autumnwood Apartments, which is owned by an affiliate of Hyde Multifamily Investments LLC.

54. Lynnfield Place Apartments Sell for $22.4 Million -

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: Nov. 7, 2014
Buyer: Lynnfield Apartments LLC
Seller: Lynnfield Holdings LLC
Loan Amount: $20 million
Loan Date: Nov. 3, 2014
Borrower: Lynnfield Apartments LLC
Lender: Arbor Commercial Funding LLC
Details: The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

55. Lynnfield Place Apartments Sell for $22.4 Million -

The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

Lynnfield Apartments LLC, an affiliate of Hyde Capital LLC, purchased the 400-unit community at 1400 Lynnfield Road, between Park Avenue and Quince Road in East Memphis, from Lynnfield Holdings LLC, according to a Nov. 7 special warranty deed. Hyde Capital LLC lists an address of 3094 Autumnwood Ave. in Memphis, the same address of the 324-unit Autumnwood Apartments, which is owned by an affiliate of Hyde Multifamily Investments LLC.

56. AutoZone Shares Draw Interest From New Research Firms -

The stock of Memphis-based AutoZone Inc. has picked up new coverage from a handful of investment firms in recent weeks that have assigned a range of ratings to the stock.

57. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

58. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

59. Paragon Bank Launches Wealth Solutions Group -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

60. Global Banks Fined Billions for Rigging Market -

LONDON (AP) – Traders with nicknames like the "Three Musketeers" and the "A-Team" plotted over Internet chat rooms to manipulate currency markets for years, profiting at the expense of clients – and then congratulating themselves for their brilliance – regulators said Wednesday, as they fined five banks $3.4 billion.

61. Highland Row Developer Applies for $6.7 Million Permit -

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

62. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

63. Analysts: How GOP Congress Could Boost US Economy -

WASHINGTON (AP) – Voters made clear Tuesday that they're worried about the economy, despite steady job gains, a robust stock market and faster economic growth this year.

So what can – and should – the now-dominant Republicans in Congress and President Barack Obama do together to benefit more Americans?

64. Council Votes Down Whitehaven Car Lot -

The Memphis City Council voted down Tuesday, Nov. 4, the move of a used car lot on land owned by Graceland to a lot further north on Elvis Presley Boulevard near the new 450-room resort-style hotel Elvis Presley Enterprises is building.

65. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

66. Courtyard Memphis East Fetches $11.7 Million -

The Courtyard Memphis East/Park Avenue has sold for $11.7 million as part of New York-based NorthStar Realty Finance Corp.'s $1.1 billion acquisition of 52 hotels nationwide.

67. Council Votes Down Elvis Presley Boulevard Car Lot -

The Memphis City Council voted down Tuesday, Nov. 4, the move of a used car lot on land owned by Graceland to a lot further north on Elvis Presley Boulevard near the new 450-room resort style hotel Elvis Presley Enterprises is building.

68. Navigating a New Era of Medical Innovations -

Executive director of Cleveland Clinic Innovations, Gary Fingerhut, discusses the emerging era of medical innovation and commercialized new inventions and platforms.

Fingerhut opens by echoing a recurring theme; innovation begins with empathy. A deep understanding of the humanity, the personal narratives, fears and inspirations of patients empowers better care and inspires hospital systems to treat people differently than in the past.

69. $400 Million in Road Projects Delayed in Tennessee -

The uncertainty of federal funding has led Tennessee's highway director to delay road projects worth $400 million.

The Tennessean reports 12 construction projects and 21 right-of-way acquisitions were supposed to be complete by Sept. 30, 2015; now they will have to wait until fiscal year 2016.

70. Sears Secures $7.3 Million Loan on East Memphis Store -

The parent company of Sears has taken out a $7.3 million loan on the store at 4570 Poplar Ave. in East Memphis, part of a broader effort to pump hundreds of millions into the struggling retailer.

71. Rural Tennessee Museum a Success in First Year -

UNION CITY, Tenn. (AP) – When Discovery Park of America opened on a cornfield in rural Tennessee, its founders expected the museum described as a "mini-Smithsonian" to draw about 150,000 visitors in its first year.

72. $400 Million in Road Projects Delayed in Tennessee -

The uncertainty of federal funding has led Tennessee’s highway director to delay road projects worth $400 million.

The Tennessean reports 12 construction projects and 21 right-of-way acquisitions were supposed to be complete by Sept. 30, 2015; now they will have to wait until fiscal year 2016.

73. Bigger LIFT -

The former Cadence Bank branch on Court Avenue Downtown is the new and bigger home for Community LIFT, the local intermediary with community development corporations founded by a coalition of nonprofits and the city of Memphis four years ago.

74. CWCapital Sheds Willow Lake Buildings -

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

75. Sears Secures $7.3 Million Loan on East Memphis Store -

The parent company of Sears has taken out a $7.3 million loan on the store at 4570 Poplar Ave. in East Memphis, part of a broader effort to pump hundreds of millions into the struggling retailer.

76. A Gift That Can Give For A Lifetime -

Ray’s Take Every so often, a client calls and asks if I would spend some time with their son or daughter to help them get off on the right foot financially. When they look back on their own early choices, they can see how much a few right decisions, and the avoidance of a few poor ones, would have been worth.

77. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

78. Waterford Place Apartments Sells for $28.3 Million -

The 320-unit Waterford Place Apartments in Southeast Shelby County has sold to an entity affiliated with Chicago-based Trilogy Real Estate Group for $28.3 million, or about $88,438 per unit.

TMF III Waterford Place Partnership purchased the complex in an Oct. 16 special warranty deed from WRF-Waterford Place LLC, an entity related to Boston-based real estate investment trust Winthrop Realty Trust. Winthrop bought the property in April 2012 for $21.5 million.

79. Recruiter’s Career Twist -

Ask Janet Miller about her remarkable career at the Nashville Area Chamber of Commerce and she’ll likely attribute it to good timing or pass credit onto others.

80. Collierville Storage Facility Sells for $3.9 Million -

A California-based owner and operator of self-storage facilities has purchased a Collierville storage facility for $3.9 million.

LifeStorage, through an entity operating as SSTN 651 S. Rowlett Street LLC, acquired the 62,170-square-foot facility at 651 S. Rowlett St. from LottaStorage LLC, according to an Oct. 6 special warranty deed. The Shelby County Assessor of Property’s 2014 appraisal is $2.2 million.

81. Collierville Storage Facility Sells for $3.9 Million -

A California-based owner and operator of self-storage facilities has purchased a Collierville storage facility for $3.9 million.

LifeStorage, through an entity operating as SSTN 651 S. Rowlett Street LLC, acquired the 62,170-square-foot facility at 651 S. Rowlett St. from LottaStorage LLC, according to an Oct. 6 special warranty deed. The Shelby County Assessor of Property’s 2014 appraisal is $2.2 million.

82. Urban Wilderness a Paradise for Outdoors Enthusiasts -

Knoxville Urban Wilderness offers 42 miles of trails, four Civil War sites and the Ijams Nature Center on public and private lands, connecting parks, neighborhoods and schools.

It’s the perfect place for adventurous souls to hike and rent bikes, kayaks or paddleboats to get closer to nature in the midst of Knoxville.

83. Room for Growth -

Sardor and Gulam Umarov are used to fighting battles with seemingly long odds.

Between 2005 and 2009, the brothers waged a high-profile human rights campaign against the authoritarian government in their native Uzbekistan for the release of their father, Sanjar Umarov, a Germantown businessman thrown into prison for opposing the regime.

84. Olive Branch Business Park Closer to Development -

A Texas-based development firm could start turning dirt soon on a massive new business park in Olive Branch.

Hillwood Investment Properties is expected to close on a land purchase next week that will clear the way for Legacy Park, a 265-acre distribution and business park on the south side of Goodman Road, just east of Hacks Cross Road near Polk Lane.

85. The Return of King Dollar -

The market’s game ball in the third quarter goes to the U.S. dollar. The U.S. dollar rose 7 percent, boosted by the comparative hawkishness of the U.S. Fed. The currency has now advanced for 11 consecutive weeks, its longest winning streak in nearly 20 years (although the uptrend actually started in mid-2011). What should you know about the return of King Dollar?

86. Smart Growth Plan Sets Stage in Germantown -

In 2007, the city of Germantown adopted its Smart Growth plan and accompanying zoning regulations, which promoted more walkable, accessible mixed-use development in its central business district and surrounding neighborhoods.

87. Certified Financial Planner – One Big Thing -

Ray's take: In today’s world of financial specialists, each one has their own view of what you should do – because each one is focused on their own focused area of the big picture: the CPA, the insurance agent, the attorney, etc.

88. Robotic Rise of the S&P -

The S&P 500 hit a new all-time high again last week for the 34th time so far this year. However, U.S. stocks appear increasingly detached.

While the S&P 500 has risen nearly 10 percent year-to-date, stocks outside the US have returned less than 3 percent. In fact, U.S. stocks have pummeled their international competition by an astounding 70 percent over the last five years.

89. Germantown Land Sells for $6 Million -

Neshoba-Exeter Real Estate Partners, whose managing general partner is M. Spence Ray, has acquired property in Germantown for $6 million.

Neshoba-Exeter Partners acquired roughly 16 acres of vacant land zoned for residential development in two parcels owned by Owen Investments LP near the northeast corner of South Germantown and Neshoba roads on Sept. 15, according to a warranty deed.

90. US Wealth Gap Putting the Squeeze on State Revenue -

WASHINGTON (AP) – Income inequality is taking a toll on state governments.

The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according to a report being released Monday by Standard & Poor's.

91. Will More Rentals Slow Rising Home Prices? -

Hardly a day goes by that a residential real estate broker is not asked: “When will it end?”

Elliot Eisenberg, Ph.D., authors Elliot Eisenberg’s Brief Blog and sends it daily to subscribers. Here’s what he had to say on the subject in his August 25 edition:

92. Regulators Set Rules Meant to Ward Off Bank Crisis -

WASHINGTON (AP) – Federal regulators are set to require big banks to keep enough high-quality assets on hand to survive during a severe downturn, the latest move under congressional mandate to lessen the likelihood of another financial meltdown.

93. Is It Really Time to Relax Lending Standards? -

Just when you thought it was safe to believe in the wisdom of the system, they pull this.

Back in 2008, when the Great Recession made its way into Middle Tennessee and the area began to feel the pain that other regions had endured for several years, the financial world collapsed.

94. Survey: Americans' Pessimism on Economy Has Grown -

WASHINGTON (AP) – Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health.

95. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

96. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based Yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

97. Council Rejects Utility Construction Contract -

The Memphis City Council approved on the first of three readings Tuesday, Aug. 19, an ordinance that adjusts the city’s policy on the investment of the city’s pension fund. The change would up the percentage of investments in real estate from 5 percent to 10 percent.

98. Source: Horizon Under Contract To Be Purchased -

The Horizon, an uncompleted 16-story residential tower overlooking the Mississippi River on the southern end of Downtown, could change hands soon.

A yet-to-be-identified buyer is under contract to purchase the tower, according to sources familiar with the effort.

99. Bank of America Reaches $17 Billion Settlement With US -

WASHINGTON (AP) – Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.

100. Council Rejects Utility Construction Contract -

The Memphis City Council approved on the first of three readings Tuesday, Aug. 19, an ordinance that adjusts the city’s policy on the investment of the city’s pension fund. The change would up the percentage of investments in real estate from 5 percent to 10 percent.