Editorial Results (free)
1. Recruiter’s Career Twist
- Saturday, October 18, 2014
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.
2. Frayser Town Center Would be Based on Manhattan Park
- Tuesday, July 29, 2014
The town center plan for Frayser that debuted this past weekend at the first annual “Frayser Day” celebration is built on the model of Bryant Park in Manhattan only on a smaller scale to fit the Frayser Plaza Shopping Center.
3. $1,000-a-Pill Sovaldi Jolts US Health Care System
- Wednesday, June 18, 2014
WASHINGTON (AP) – Your money or your life?
Sovaldi, a new pill for hepatitis C, cures the liver-wasting disease in 9 of 10 patients, but treatment can cost more than $90,000.
Leading medical societies recommend the drug as a first-line treatment, and patients are clamoring for it. But insurance companies and state Medicaid programs are gagging on the price. In Oregon, officials propose to limit how many low-income patients can get Sovaldi.
4. What Does Wal-Mart Not Sell?
- Thursday, May 01, 2014
NEW YORK (AP) – The news that Wal-Mart is getting into the car insurance business begs the question: is there anything that the world's largest retailer doesn't hawk?
Surprisingly, the answer is plenty.
5. Employers, Workers Navigate Compliance Rules
- Saturday, March 29, 2014
As a certified health care reform specialist, Tim Finnell can stand back and from a distance say the Affordable Care Act does not really have a beginning and an end.
“There will never be final rules,” said Finnell, the president and founder of Group Benefits LLC. “Everything’s going to keep changing.”
6. Miller Creek Apartment Complex Sells for $44 Million
- Tuesday, January 28, 2014
The 330-unit Miller Creek at Germantown apartment complex in Southeast Shelby County has sold for $43.8 million.
TS Miller Creek LLC, an affiliate of Aventura, Fla.-based real estate investment trust Trade Street Residential, bought the relatively new apartment complex in a Jan. 21 special warranty deed from the developer, Miller Creek Residences LLC.
7. Target Scales Back Health Coverage
- Thursday, January 23, 2014
NEW YORK (AP) – Target Corp. says it will no longer be offering health care coverage for its part-time workers.
8. JPMorgan Chase Reaches $4.5 Billion Deal With Investors
- Monday, November 18, 2013
JPMorgan Chase & Co. has reached a $4.5 billion settlement with investors who said the bank deceived them about bad mortgage investments.
9. Self-Tucker Focused on Designs to Inspire
- Saturday, June 15, 2013
Self-Tucker Architects wants to lift the aspirations of the community through great architecture and design.
The firm is currently involved with a variety of high-profile projects across the area, including the National Civil Rights Museum and the new ground transportation center at Memphis International Airport, and past work includes the Stax Museum, Stax Music Academy and the FedExForum.
10. Boyle Celebrates 80 Years, Sponsors Art Exhibit
- Monday, March 18, 2013
Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.
11. US Citing Security to Censor More Public Records
- Tuesday, March 12, 2013
WASHINGTON (AP) – The Obama administration answered more requests from the public to see government records under the Freedom of Information Act last year but more often than ever cited legal exceptions to censor or withhold the material, according to a new analysis by The Associated Press. It frequently cited the need to protect national security and internal deliberations.
12. Reardon Cautions Downtowners About Heritage Trail
- Thursday, February 14, 2013
The University of Memphis professor spearheading the opposition of demolishing the city’s last remaining public housing project in the Vance Avenue neighborhood says that while the Heritage Trail Community Redevelopment Plan appears to be on “indefinite hold,” it is not dead, and Downtowners should beware.
13. Memphis Marriott Sells for $12.4 Million in Foreclosure
- Tuesday, February 12, 2013
2625 Thousand Oaks Blvd. Memphis, TN 38118
Sale Amount: $12.4 million
14. Filling the Voids
- Saturday, February 02, 2013
Last year was a banner year for adaptive reuse projects in Midtown and Downtown.
Developers announced plans for the Sears Crosstown building, Overton Square, Hotel Chisca, James Lee House and old United Warehouse in the South Main Historic Arts District. Construction began on The Pyramid, turning it into a 220,000-square-foot mega-Bass Pro Shop Outdoor World, and Memphis in May moved into its new headquarters at 56 S. Front St., a 14,600-square-foot building that’s on the National Register of Historic Places.
15. Ciaramitaro Joins Grace-St. Luke’s as School Counselor
- Wednesday, September 26, 2012
Licensed clinical social worker Courtney Ciaramitaro has joined Grace-St. Luke’s Episcopal School as school counselor. She will work primarily with middle school students.
16. Answering What Memphis Means
- Tuesday, February 21, 2012
Last week we explored Friends for Life Corp., which is an organization helping people affected by HIV/AIDS live well. This week let us focus on one question that is helping our community create a powerful narrative and a shared voice: “What does Memphis mean to you?”
17. Lucas Encourages Women to be Proactive
- Tuesday, February 14, 2012
Geralyn Lucas, author of “Why I Wore Lipstick to My Mastectomy,” was at Baptist Memorial Hospital-Memphis Friday, Feb. 10, to share her personal story and encourage Mid-South women to be more proactive when it comes to their health.
18. State Cuts to Medicaid Affect Patients, Providers
- Wednesday, December 28, 2011
ATLANTA (AP) – Just as Medicaid prepares for a vast expansion under the federal health care overhaul, the 47-year-old entitlement program for the poor is under increasing pressure as deficit-burdened states chip away at benefits and cut payments to doctors.
19. FDA Revokes Approval of Avastin for Breast Cancer
- Monday, November 21, 2011
WASHINGTON (AP) – The government delivered a blow to some desperate patients Friday as it ruled the blockbuster drug Avastin should no longer be used to treat advanced breast cancer.
Avastin is hailed for treating colon cancer and certain other malignancies. But the Food and Drug Administration said it appeared to be a false hope for breast cancer: Studies haven't found that it helps those patients live longer or brings enough other benefit to outweigh its dangerous side effects.
20. Be Prepared
- Monday, September 26, 2011
In remarks to the National Press Club in Washington earlier this month, former New York City Mayor Rudy Giuliani singled out two people in his administration as being largely responsible for helping him make it through a day that started like any other day in 2001 but changed the course of the nation’s history before it was over.
21. Job Fair to be Held Tuesday at Hilton
- Tuesday, August 23, 2011
Jobnewsmemphis.com will host a career fair Tuesday, Aug. 23, from 10 a.m. to 2 p.m. at the Hilton Memphis, 939 Ridge Lake Blvd.
22. Drug Prices to Plummet in Wave of Expiring Patents
- Tuesday, July 26, 2011
The cost of prescription medicines used by millions of people every day is about to plummet.
The next 14 months will bring generic versions of seven of the world's 20 best-selling drugs, including the top two: cholesterol fighter Lipitor and blood thinner Plavix.
23. A Ripple Effect For Leadership
- Monday, July 25, 2011
Last week, we refocused on the genesis of this column by discussing how community engagement makes a good corporate and personal growth strategy. This week, let us talk about an organization that is recruiting, cultivating and engaging diverse talent to move Memphis forward: The Leadership Academy.
24. Germantown Collection Sells for $7.3M in Foreclosure
- Monday, July 04, 2011
7810 Poplar Ave.
Germantown, TN 38138
Sale Amount: $7.3 million
Sale Date: June 23, 2011
Buyer: GA Poplar Avenue Germantown LLC (c/o Principal Real Estate Investors)
Seller: Jason A. Strain, substitute trustee
Original Borrower: CH Realty III/Germantown LLC
Original Lender: Principal Life Insurance Co.
Orig. Loan Amount: $8.7 million
Orig. Loan Date: Oct. 12, 2004
25. Principal Buys G’Town Collection for $7.3 Million
- Wednesday, June 29, 2011
The 60,724-square-foot Germantown Collection shopping center that includes tenants such as Chili’s and Panera Bread at the corner of Poplar Avenue and Exeter Road has been bought out of foreclosure.
26. Germantown Collection Center in Foreclosure
- Thursday, June 02, 2011
The Germantown Collection shopping center that includes tenants such as Chili’s and Panera Bread at the corner of Poplar Avenue and Exeter Road has been foreclosed.
A first-run foreclosure notice for the 6.1 acre, Class A retail property appears in the Wednesday, June 1, edition of The Daily News and at The Daily News Online, www.memphisdailynews.com.
27. Census: US Men Narrowing the Gender Gap of Old Age
- Friday, May 27, 2011
WASHINGTON (AP) – Women still outlive men, but the gender gap among U.S. seniors is narrowing.
New 2010 census figures, released Thursday, show men are reducing women's population advantage, primarily in the 65-plus age group. It's a change in the social dynamics of a country in which longevity, widowhood and health care for seniors often have been seen as issues more important to women.
28. Retail Sector Adding Jobs, But Not Always Careers
- Wednesday, April 06, 2011
Erin Abell left a job in finance to volunteer for John McCain's presidential campaign in early 2008. She had hoped to return to the industry after the election, but by then Wall Street was on life support, and Abell had to live off credit cards until joining a friend's startup.
29. Inspiring City From Stage
- Monday, March 28, 2011
Last week we discussed Shelby Residential and Vocational Services, which is helping adults with disabilities enjoy productive lives and pursue their dreams. Now let us turn the spotlight on an organization that is dancing their way across sold-out stages from the famous John F. Kennedy Center for the Performing Arts in Washington to Paris and New York, all while pushing our own city to greater heights – Ballet Memphis.
30. Moving Forward
- Monday, December 27, 2010
As the commercial real estate market remained soft in 2010, a handful of major deals – including some to close the year – indicated light at the end of the tunnel.
The year ended with the top retail investment sale of the year when Loeb Properties Inc. bought Park Place Centre from Belz Enterprises Inc. for $10.3 million.
31. Blackstone-Affiliated LLCs Buy Warehouses for $22M
- Tuesday, December 21, 2010
4460 E. Holmes Road
Memphis, TN 38118
Sale Amount: $12.1 million
Sale Date: Dec. 8, 2010
Buyer: BRE/EX TN Properties LLC
Seller: Exeter 4460 Holmes LLC
Loan Amount: $18.4 million
Loan Date: Dec. 10, 2010
Maturity Date: n/a
32. Hernandez’s Journey Leads to Campbell Clinic
- Monday, November 22, 2010
George Hernandez’s career in health care administration has taken him across the country and back.
Now the CEO of Campbell Clinic in Germantown says a national perspective on health care will determine the clinic’s strategies for the future.
33. Walgreen CEO Gets Nearly 30 Pct Pay Boost on Bonus
- Friday, November 05, 2010
NEW YORK (AP) – The CEO of Walgreen Co. made nearly 30 percent more in fiscal 2010 because of a boost in his performance-related bonus as the nation's largest drugstore chain improved profits and revenue despite the down economy.
34. Winbranch Apartments Sell for $2.4 Million
- Tuesday, September 21, 2010
3595 Millbranch Road
Memphis, TN 38116
Sale Amount: $2.4 million
Sale Date: Sept. 7, 2010
Buyer: Winbranch Realty Partners LLC
Seller: LBUBS 2004-C4 Millbranch Road LLC
Loan Amount: $975,000
Loan Date: Sept. 7, 2010
Maturity Date: Sept. 1, 2011
Lender: The Leshum Group LLC
35. 'A New Day'
- Monday, September 20, 2010
Marvell Mitchell has had it with numbers.
“I’ve read the numbers and I hear people talking about the recession but frankly, there’s an opportunity here,” said Mitchell, who owns Mitchell Technology Group LLC with his wife, Ledelle.
36. AIG Sells Alico Unit to MetLife for $15.5 Billion
- Tuesday, March 09, 2010
CHARLOTTE, North Carolina (AP) - American International Group Inc. said Monday it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government.
37. AIG Narrows Q4 Loss, Continues Restructuring
- Monday, March 01, 2010
CHARLOTTE, N.C. (AP) – AIG said Friday it lost $8.87 billion in the fourth quarter as its general insurance business remained weak and the company ran up expenses from paying back government loans.
38. Little Guys, Big Guys
- Monday, February 22, 2010
No one would mistake a local institution like Tri-State Bank for one of Wall Street’s mighty titans of finance, whose recent woes brought the U.S. and world economies to their knees.
39. Obama Meets With GOP
- Wednesday, February 10, 2010
WASHINGTON (AP) – Appealing for bipartisanship in a town where it's hard to find, President Barack Obama sat down with Democrats and Republicans Tuesday to spur cooperation on job creation, deficit reduction and health care overhaul. He promised to do his part – but warned he would take Republicans to task if they don't do the same.
40. Southern Heritage Classic Founder Receives Lifetime Achievement Award
- Wednesday, February 03, 2010
Fred Jones has received the Arthur S. Holmon Lifetime Achievement Award from the University of Memphis Black Student Association.
41. Drug Benefit Expanded to 1 Million More Seniors
- Monday, January 11, 2010
WASHINGTON (AP) - In case the prospect of nearly $4,000 in prescription assistance isn't enough to perk up low-income seniors, the government is using '60s singer Chubby Checker to publicize "the twist" in the Medicare drug program.
42. AIG Reduces Government Borrowings by $25 Billion
- Wednesday, December 02, 2009
NEW YORK (AP) - American International Group Inc. on Tuesday slashed the amount of money it owes the government by $25 billion, completing a move of two subsidiaries into special holding units ahead of their planned spinoff or sale.
43. Report: AIG CEO Ready to Quit Over Pay Constraints
- Thursday, November 12, 2009
NEW YORK (AP) - After just three months as head of embattled insurer American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight and restrictions on what the bailed-out company can pay employees, according to a published report.
44. AIG Posts 2nd Consecutive Quarterly Profit
- Monday, November 09, 2009
NEW YORK (AP) - AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the company's bailout by the government last year.
45. New Jobless Claims Fall to Lowest Level Since January
- Friday, October 09, 2009
WASHINGTON (AP) – The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early January, as layoffs eased a bit amid a fledgling economic recovery.
46. Banking Field Trip Shows Signs Of Local Recovery
- Monday, September 28, 2009
The economy is beginning to see a small break in the clouds.
Local banks are warm to the possibility of gobbling up other banks and failed rivals if government financial backing is part of the deal.
47. GOP Senators Put Cost Control First In Health Care Reform
- Monday, August 31, 2009
The sign over a hospital toilet illustrated why health care costs are soaring in the United States, said U.S. Sen. John Barrasso of Wyoming after touring Baptist Memorial Hospital-DeSoto.
48. GOP Senators Put Cost Control First in Health Care Reform
- Thursday, August 27, 2009
The sign over a hospital toilet illustrated why health care costs are soaring in the United States, said U.S. Sen. John Barrasso of Wyoming, who toured Baptist Memorial Hospital Southaven today.
“Upstairs in this hospital, I went into the restroom and there’s a sign on the toilet, ‘Maximum weight of this toilet 350 pounds,” Barrasso said. “Think about that. There was a story that came out last week in USA Today, in the Wall Street Journal, in The New York Times about the cost of obesity to the health care system. It was $178 billion a year in added costs because of people who are eating too much and exercising too little.”
49. Remember Me? Wall Street Repackages Debt for Sale
- Tuesday, August 25, 2009
WASHINGTON (AP) - Wall Street may have discovered a way out from under the bad debt and risky mortgages that have clogged the financial markets. The would-be solution probably sounds familiar: It's a lot like what got banks in trouble in the first place.
50. AIG Places AIU Holdings Into Special Unit
- Tuesday, July 28, 2009
Insurer American International Group Inc. reported Monday it placed its AIU Holdings operations into a special unit ahead of a previously planned spinoff of the business.
51. Appeals Loom in GM Plan to Sell Assets
- Wednesday, July 08, 2009
NEW YORK (AP) - Groups representing plaintiffs in car accidents said Monday they would oppose General Motors' attempt to quickly exit bankruptcy protection, arguing that hundreds of victims could be hurt by the government-led plan.
52. AIG Annual Meeting a Short, Relatively Calm Affair
- Wednesday, July 01, 2009
NEW YORK (AP) - American International Group Inc.'s annual shareholder meeting ended without drama Tuesday after a handful of shareholders voiced disappointment over the embattled insurer's near-collapse last fall.
53. Fowlkes Takes Helm At Small Business Chamber
- Friday, June 26, 2009
Becoming the executive director of the Memphis Small Business Chamber is another facet of coming home for Andre K. Fowlkes.
Although he’s a native Memphian, he brings a big-city perspective and financial expertise to the job. He’s lived in New York and San Francisco where he worked for high-profile firms Fisher Investments and Guardian Life Insurance Company of America, respectively.
54. Judge Denies GM Retirees' Request for Committee
- Friday, June 26, 2009
NEW YORK (AP) - A bankruptcy judge on Thursday ruled that a group representing General Motors Corp.'s salaried retirees cannot form a formal committee to negotiate with the automaker as it attempts to reorganize and emerge from Chapter 11 as a new company.
55. AIG Moves to Spin Off 2 Units, Reduce Gov't Debt
- Friday, June 26, 2009
NEW YORK (AP) - American International Group Inc. said Thursday it will reduce outstanding federal loans by $25 billion by giving the government a preferred stake in two units that will be spun off from the insurance giant.
56. With Liddy Leaving, AIG Revamp Reaches New Phase
- Tuesday, May 26, 2009
NEW YORK (AP) - After creating a plan to radically alter American International Group Inc.'s operations to help repay billions in government loans, chairman and chief executive Edward Liddy is leaving his vision for the insurer in the hands of a whole new set of managers.
57. AIG Plans to Spin Off Asian Life Insurance Unit
- Tuesday, May 19, 2009
NEW YORK (AP) - American International Group Inc. plans to spin off its Asian life insurance unit in an initial public offering to help repay billions of dollars in U.S. government loans.
58. Insurers Get OK For Treasury Funds
- Monday, May 18, 2009
LOS ANGELES (AP) – The U.S. Treasury Department has agreed to extend billions in bailout funds to six major life insurers, following a months-long quest by some in the sector for government help in shoring up capital positions in the wake of major investment losses.
59. Lawmakers Question AIG Plan, Future
- Thursday, May 14, 2009
WASHINGTON (AP) - The government-installed head of AIG told Congress Wednesday the insurance giant is making progress toward repaying U.S. taxpayers by selling many of its foreign assets, but lawmakers questioned whether the plan makes sense and demanded details.
60. AIG Sells Japan Headquarters for $1.2 Billion
- Tuesday, May 12, 2009
CHARLOTTE, North Carolina (AP) - Embattled insurer American International Group Inc. said Monday it is selling its Japanese headquarters to Nippon Life Insurance Co. for $1.2 billion in cash.
61. New Jobless Claims Fall More than Expected to 646K
- Friday, March 20, 2009
WASHINGTON (AP) - New jobless claims fell more than expected last week, but continuing claims set a new record for the eighth straight week and few economists expect the labor market to improve anytime soon.
62. Valero Energy CEO's Compensation Drops 50 Percent
- Thursday, March 19, 2009
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.
63. Gov’t Extends New Aid Package To AIG
- Tuesday, March 03, 2009
WASHINGTON (AP) – The government on Monday unveiled a revamped rescue package to insurance giant American International Group and will provide the troubled company with another $30 billion in taxpayer money on an “as needed” basis.
64. Report: Insurer AIG Reportedly Could be Split
- Friday, February 27, 2009
CHARLOTTE, N.C. (AP) - Beleaguered insurer American International Group Inc. could be split into at least three separate government-controlled divisions in an effort to save the business, according to a report on Thursday by the Financial Times.
65. AIG Looking at Alternatives for Government Loan
- Wednesday, February 25, 2009
CHARLOTTE, N.C. (AP) - Beleaguered insurer American International Group Inc. is apparently asking for its fourth loan from the federal government just days before it is expected to report a fourth-quarter loss.
66. More Sour Economic Reports for Employment, Retail
- Monday, February 09, 2009
WASHINGTON (AP) - More people sought unemployment benefits than expected last week and laid-off workers found it harder to land new jobs as the economy struggled to show signs of life.
Sour economic indicators Thursday also plagued the retail industry: Weak factory orders were reported for December and sales declines last month for many major stores raised concerns about the industry's health.
67. As Unemployment Rises, Uncle Sam Has Jobs
- Tuesday, February 03, 2009
WASHINGTON (AP) - The economic downturn has forced private industry and state and local government to shed jobs, but one major employer in the country is hiring: The federal government.
While the nation's 11 million unemployed and the millions more who fear losing their jobs may feel Washington should streamline too, economists say a strong federal work force is key to economic recovery. Were President Barack Obama to put any of the nearly 2 million federal civil servants out in the street in the middle of the worst economic downturn since the Great Depression, the consequences could be dire.
68. Newly Merged Renal Firm To Improve Poplar Ave. Building
- Tuesday, January 06, 2009
1333-1341 Poplar Ave.
Memphis, TN 38104
Permit Amount: $1.2 Million
Project Cost: $1.2 million
Permit Date: Applied December 2008
Owner: National Renal Alliance LLC
Tenant: National Renal Alliance LLC
69. REIT Files $20.9M Loan on New Assets
- Friday, January 02, 2009
WRI HR Venture Properties I LLC, the real estate investment trust (REIT) that recently bought the Commons at Dexter Lake and Mendenhall Commons shopping centers, filed on Dec. 22 a $20.9 million deed of trust, assignment of leases and rents and security agreement for the properties through New York Life Insurance Co.
70. Avoiding the Ax: Where the Jobs Are
- Friday, December 26, 2008
While the employment landscape looks sparse right now, the outlook for 2009 isn't uniformly bleak – and is downright bright in some recession-resistant industries.
Employers that provide necessary products and services – hospitals and insurers, for example – tend to always need recruits. And areas employers deem critical to their survival, like accounting and information technology, rarely get cut. What's more, some fields, such as bankruptcy law and crisis-management consulting, are thriving because of the downturn.
71. Developers Ask for Bailout as Massive Debt Looms
- Tuesday, December 23, 2008
With a record amount of commercial real-estate debt coming due, some of the country's biggest property developers have become the latest to go hat-in-hand to the government for assistance.
They're warning policymakers that thousands of office complexes, hotels, shopping centers and other commercial buildings are headed into defaults, foreclosures and bankruptcies. The reason: according to research firm Foresight Analytics LCC, $530 billion of commercial mortgages will be coming due for refinancing in the next three years – with about $160 billion maturing in the next year. Credit, meanwhile, is practically nonexistent and cash flows from commercial property are siphoning off.
72. AIG Sells Hartford Steam Boiler for $742 Million
- Tuesday, December 23, 2008
CHARLOTTE, N.C. (AP) - American International Group Inc. said Monday that it will sell its Hartford Steam Boiler unit to German reinsurer Munich Re for $742 million as the embattled New York-based insurer divests itself of units to pay back a U.S. government bailout loan.
73. Government Provides Record Aid Package to AIG
- Tuesday, November 11, 2008
WASHINGTON (AP) – In a record bailout of a private company, the government Monday provided a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership.
74. AIG Repays More of $85 Billion Fed Loan
- Monday, November 10, 2008
CHARLOTTE, N.C. (AP) - American International Group Inc. reduced the amount it owes the U.S. government by another $2.3 billion as the insurer continues to use the Federal Reserve's new commercial-paper-funding program.
75. AIG Takes $85B Deal from Fed
- Thursday, September 25, 2008
CHARLOTTE, N.C. (AP) - American International Group Inc. may have agreed to take the U.S. government up on a two-year, $85 billion loan to help stave off bankruptcy, but now the nation's largest insurer faces an FBI investigation.
76. SEC Bans Short-Selling of Financial Stocks
- Monday, September 22, 2008
WASHINGTON (AP) – The federal government, trying to boost investor confidence in the face of a market crisis, took the dramatic step Friday of temporarily banning a practice of betting against financial stocks.
77. Furor Builds on SEC Indexed Annuity Oversight Plan
- Tuesday, September 09, 2008
NEW YORK (AP) - It sounds like an arcane topic that would concern only a few, but a proposal by the Securities and Exchange Commission has generated a mini furor.
The subject of this highly charged debate? Whether or not equity-indexed annuities, a specialized financial product that combines the promise of regular payments with the potential for gains linked to the stock market, should be considered securities or insurance.
78. Rising College Costs Call for Real Plans
- Monday, August 25, 2008
Amid these shaky economic times, saving money for an occasion 18 years in the future might not seem critical. But as college tuition rises annually, so does the need for parents – and perhaps those hoping to be parents someday – to plan financially for their children’s education.
79. Growth Continues for Finance for Life
- Monday, August 04, 2008
It’s easy to track the growth of Finance for Life, the premium finance brokerage firm that Ronnie Katz launched in 2004 as a one-man operation in a 120-square-foot office on June Road in East Memphis.
80. Lawsuits Active, Multiplying Against Morgan Keegan
- Monday, April 28, 2008
At 5 p.m. Feb. 18, an attorney-client meeting was called to order at the Poplar Avenue law offices of Apperson Crump & Maxwell PLC.
In attendance was a group of about 10 people. It included at least four lawyers, Regions Morgan Keegan mutual fund shareholders and representatives of other shareholders who were not present. The first item of business: mapping out the next few steps in a complex securities class action suit filed on behalf of those shareholders against the Memphis-based Morgan Keegan brokerage firm.
81. First Horizon CEO Got $3M in 2007
- Tuesday, February 19, 2008
NEW YORK (AP) - Gerald L. Baker, president and chief executive of First Horizon National Corp., received compensation valued at about $3 million in fiscal 2007, according to a regulatory filing Friday.
82. ' ... And to All a Good Life'
- Tuesday, December 18, 2007
Every parent would like to get at least one special Christmas gift for their children, whether it's an iPod, MP3 player, computer or digital camera. You know - that one item the kids can brag about when they go back to school after winter break.
- Friday, September 14, 2007
The Memphis Association of Insurance and Financial Advisors will host sales management consultant and author Garry Kinder at its luncheon today at 11:30 a.m. at The Racquet Club of Memphis, 5111 Sanderlin Ave. To reserve space, call 360-1478.
- Thursday, September 13, 2007
The Cordova Leadership Council and the Memphis Area Home Builders Association will host "The Future of Cordova Politics: City Candidates Forum" today at 6 p.m. at the Memphis Area Home Builders Association, 776 N. Germantown Parkway. For additional information, contact Gene Bryan at email@example.com or 486-9679.
85. Hopes and Dreams Continue for Hattiloo
- Thursday, August 30, 2007
Hattiloo Theatre's second season is well under way and it includes a production by the Nubian Dance Company called "Uniquely Us," an adaptation of Charles Dickens' classic "A Christmas Carol."
On this, the eve of the theater's one-year anniversary, executive director Ekundayo Bandele said one of the key obstacles he's faced has been getting Memphis residents to realize that Hattiloo offers just the type of diversity the city needs.
86. Bond Insurers See Ill Winds
- Tuesday, August 28, 2007
When a hurricane slams into Florida, investors dump shares of companies that insure homes. When a storm of defaults engulfs the bond market, investors naturally sell the companies that insure bonds. In both cases, the selloffs are often overdone.
87. Real Estate Insiders Recognize Greater Need for Natural Disaster Insurance
- Tuesday, March 20, 2007
When Hurricane Katrina ripped through New Orleans in August 2005, it shed light on the chaos a major metropolitan area can experience during and after a natural disaster.
The citizens who don't perish could be left without utilities or food and water for days. And the buildings that don't crumble could be weakened from heavy damage.
88. Archived Article
- Tuesday, February 20, 2007
1215 E. Shelby Dr.
Memphis, TN 38116
Sale Amount: $20 million
Sale Date: Jan. 10, 2007
Buyer: Southland Mall Shopping Center LLC
- Friday, November 03, 2006
Lipscomb & Pitts Insurance LLC hosts a "Driven to Success" workshop Saturday from 9 a.m. to 1 p.m. at 2670 Union Ave. Ext., Ste. 200. Business adviser Tim Brady will lead the workshop. Attendees will learn how to rethink their business expenses, plan a mobile office and determine a break-even point across the board. Call 800-292-8072 to register.
90. Archived Article
- Tuesday, September 05, 2006
Loan Amount: $12.1 million
Loan Date: Aug. 1, 2006
Maturity Date: Oct. 1, 2024
91. ProLogis Finances WarehouseIn Memphis Distribution Center
- Thursday, August 31, 2006
ProLogis-Macquarie Tennessee III LLC has filed a $9 million mortgage through New York Life Insurance Co. for Memphis Distribution Center Building J at 5700 Challenge Drive. The 427,500-square-foot warehouse was built in
92. NuVasive Moves Into Memphis Biotech Sector
- Monday, August 07, 2006
The prescription being offered to medical device makers by the City of Memphis is a fascinating thing to watch because it can be distilled into two simple words: Come hither.
Some of the most potent ingredients in that prescription include Memphis' central location and FedEx's presence in the city. Both of those are key reasons behind the recent purchase of a 100,000-square-foot warehouse in Memphis by NuVasive Inc., a San Diego-based company that manufactures devices for minimally invasive spinal surgery.
93. $30 Million Mortgage FiledFor Distribution Center Property
- Wednesday, June 07, 2006
CRP Holdings B LP has filed a $30 million mortgage through JP Morgan Chase Bank for three warehouse storage facilities in Memphis Distribution Center near the northwest corner of Hickory Hill and Raines roads. The property inc
94. 30 BIG ONES
- Friday, May 12, 2006
The sale this month of three industrial properties in southeast Memphis, whose more than 880,000 square feet were snapped up for $30 million, illustrates a peculiar truth about the local market.
While some Memphis residents are incapable of seeing past suburban sprawl, election drama, taxes, crime statistics, school consolidation or the city's four-term mayor, that's not necessarily true for national real estate investors.
95. Distribution Center WarehousesSell for $30 Million
- Wednesday, May 10, 2006
CRP Holdings B LP has purchased three buildings in Memphis Distribution Center from New York Life Insurance Co. for $30 million. The purchase includes Building B, a 218,924-square-foot warehouse built in 1996 on 12.54 acres on the west side of Hickor
96. Storied Levitt and Sons Moves into Memphis Real Estate Market
- Monday, April 03, 2006
White picket fences. Rows of mass-produced houses. Vacant land gobbled up by suburban sprawl. They're all the hallmarks of Levitt and Sons, the famed homebuilding family and 77-year-old company that's credited with inventing the modern suburb.
97. Money Also Grows on Trees Outside Law Firms
- Thursday, February 16, 2006
Attorneys don't have to work in law firms to make good money, according to a national survey by Chicago-based consulting firm Abbott, Langer and Associates Inc. And in most cases, Memphis attorneys who aren't in law firms are not far behind the national average for lawyers' salaries.
98. AR Memphis FinancesSouthpark Property
- Wednesday, January 18, 2006
AR Memphis LLC has financed property at 4540 and 4600 Pleasant Hill Road through INTRUST Bank NA for $2.8 million. The property measures 24.65 acres near Shelby Drive in Southpark Industrial Park. AR Memphis purchased the parcels from New York Life I
99. Boyle Finances Village Shops of Forest Hill
- Tuesday, July 19, 2005
The Village Shops
of Forest Hill
Cost: $17.8 million
Borrower: BIC-MTS Partners
Lender: New York Life Insurance Co.
Trustee: Ronald I. Feldman
Property: The Village Shops of Forest Hill, located on three lots in Germantown. The borrower, BIC-MTS Partners, is affiliated with Boyle Investment Co.
According to Cary Whitehead III, senior vice president of Boyle and executive manager of BIC-MTS, the transaction marked a refinancing of the 12-year-old Germantown property.
"It is a community shopping center anchored by Target, Schnucks, Marshalls, Malco and Old Navy, and the rest of them are general retail stores," Whitehead said. "(Boyle) built it. The Target store, the Schnucks and the Marshalls went through major renovations in 2004."
Whitehead said Boyle is working on another retail project, Gallina Centro, which is currently under development near Poplar Avenue and Houston Levee Road. Current tenants include Kroger, Kohl's, Stein Mart and Pier 1 Imports.
"(Gallina Centro) will be sort of the connection between Poplar and the new Carriage Crossing project, which is also on Houston Levee," Whitehead said.
100. Archived Article: Real Estate Recap
- Tuesday, June 07, 2005
Brunswick Forest Subdivision Planned in Bartlett
34.99 acres near
Cost: $3.2 million
Borrower: Brunswick Forest Partnership
Lender: 1st Trust Bank for Savings
Trustee: Paul F.T. Edwards
Property: 34.99 acres...