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Editorial Results (free)

1. BankTennessee Teams With Raymond James -

BankTennessee now has a relationship with Raymond James Financial Services Inc. that will allow the bank to now offer investment and wealth management services to its customers.

2. BankTennessee Teams With Raymond James -

BankTennessee now has a relationship with Raymond James Financial Services Inc. that will allow the bank to now offer investment and wealth management services to its customers.

3. Changing Times -

After a four-decade existence, the Morgan Keegan name has been retired.

The announcement Raymond James Financial Inc. is dropping the Morgan Keegan name was made during Raymond James’ first quarter earnings conference call last month. Raymond James CEO Paul Reilly was giving analysts listening to the call an update on the firm’s acquisition of the Memphis investment firm last year and its integration since then.

4. Slow and Steady -

The local office market saw little change in the third quarter, and brokers say the fourth quarter will likely yield similar results.

Memphis’ vacancy rate ended the quarter in the mid-14 percent range, the same levels as 2008, according to Colliers International Memphis’ Q3 office report. Vacancy during that period in 2007 was below 12 percent.

5. Christmas Spirit -

Through Friday, Nov. 30, Memphians will be dropping off toys and cash donations at Bud Davis Cadillac in East Memphis for a special purpose.

It’s part of the 2012 WRVR Toy Truck, presented by BancorpSouth Inc., and it’s one of the largest events and fundraisers each year benefiting Porter-Leath, an organization that focuses on at-risk children and families.

6. Seminar Underscores Commercial Sectors’ Highs, Lows -

Memphis’ commercial real estate market for the most part appears to mirror national trends, with all four sectors boasting challenges and bright spots so far this year.

That was a message a room full of real estate professionals received when The Daily News hosted its second annual Commercial Real Estate seminar Thursday, Nov.1, at the Memphis Brooks Museum of Art, sponsored by Magna Bank and Evans Petree PC.

7. Regions Could Be in a Shopping Mood -

The bank with the biggest customer deposit share in Tennessee – and the second biggest in Memphis – may be getting bigger soon.

That’s according to some of the analysts who follow Regions Financial Corp., the Alabama-based financial services giant that was the last of the large banks to get a green light to pay back its Troubled Asset Relief Program investment from the federal government. Regions also recently put another question mark behind it via the sale of its Memphis-based investment unit Morgan Keegan & Co. Inc. to a new owner, Florida-based Raymond James Financial.

8. Raymond James Trust Expands With Hires -

Raymond James Trust is expanding to serve the needs of financial advisers from the April acquisition of Morgan Keegan & Co. Inc., according to Joe Weaver, president of Raymond James Trust, a wholly owned subsidiary of Raymond James Financial Inc.

9. New Chapters -

It’s a new day at prominent investment firms in Memphis. Different degrees of change are on tap at Morgan Keegan & Co. Inc., Duncan-Williams Inc. and Wunderlich Securities Inc. And though it’s reshaping the inner workings of those firms at the moment, some of those changes also could have an impact on the city around them.

10. Office Market Outlook Tied to Small Biz Expansion -

Companies seeking larger blocks of office space are staying on the sidelines for the most part so far this year because of diminishing inventory in the area’s hottest submarkets of East Memphis, the Tenn. 385 corridor and Downtown.

11. Wunderlich Securities Inc. Expands Private Client Group in Houston -

Memphis-based Wunderlich Securities Inc. has expanded its private client group in Houston.

A financial group comprised of three people in Houston with $65 million in assets under administration has joined the firm.

12. Encouraging Signs -

In the weeks since it was announced last month that Raymond James Financial Inc. is paying $930 million to acquire Memphis-based Morgan Keegan & Co. Inc., more than 550 Morgan Keegan employees have trekked down to St. Petersburg, Fla.

13. More than 550 Morgan Keegan Employees Visit Raymond James HQ -

Morgan Keegan & Co. Inc. executives and financial advisers have wrapped up their trips down to Florida to the headquarters of Morgan Keegan’s soon-to-be new parent company, Raymond James Financial Inc.

14. Sale Mars Regions’ Q4, Yearly Earnings -

Regions Financial Corp. swung to a loss for the fourth quarter and ended 2011 with a loss for the full year.

15. Regions Financial Posts Q4, Full Year Loss -

Regions Financial Corp. swung to a loss for the fourth quarter and ended 2011 with a loss for the full year.

The Birmingham, Ala.-based banking company, one of the largest players in the Memphis market, reported a $602 million loss for Q4 before the stock market opened Tuesday, Jan. 24. That loss was driven largely by a write-down related to Regions’ deal announced earlier this month to sell its Memphis-based investment banking unit to Raymond James Financial Inc.

16. Morgan Keegan Deal Coming Into Focus -

The $930 million deal reached earlier this month in which Raymond James Financial Inc. is buying Morgan Keegan & Co. Inc. isn’t scheduled to close for several more weeks. Regulatory approvals are needed, plus there’s a lot of work ahead to integrate the two investment firms.

17. Raymond James Welcomes Morgan Keegan to Fla. HQ -

The integration of Morgan Keegan & Co. Inc. and Raymond James Financial Inc. isn’t officially under way yet, since the $930 million deal in which Raymond James is buying Morgan Keegan won’t close for several more weeks.

18. Raymond James Statement on Deal -

Editor’s Note: Below is a portion of the official statement Raymond James issued on the Morgan Keegan acquisition. For the complete corporate statement, plus additional coverage of the historic sale, visit www.memphisdailynews.com.

19. Trading Hands -

It’s been something of a roller coaster ride for a little more than six months in the drawn-out process by Regions Financial Corp. to sell Morgan Keegan & Co. Inc., its Memphis-based investment unit.

20. Details Emerge in Morgan Keegan Sale -

During a conference call with analysts early Thursday, Jan. 12, one day after announcing their firm’s acquisition of Morgan Keegan & Co. Inc. for $930 million, Raymond James Financial Inc. officials shared new details that employees of the Memphis firm had been waiting to hear.

21. Raymond James statement on Morgan Keegan acquisition -

Raymond James Financial's official statement about the Morgan Keegan acquisition:

RAYMOND JAMES TO ACQUIRE MORGAN KEEGAN & COMPANY

ST. PETERSBURG, Fla. – Raymond James Financial, Inc. announced today that it has entered into a definitive stock purchase agreement to acquire Morgan Keegan & Company, Inc. and related affiliates from Regions Financial for $930 million, expanding both its private client wealth management and capital markets businesses.

22. Morgan Keegan Deal Would Represent New Chapter -

If indeed a deal is close at hand for Regions Financial Corp. to sell its Memphis-based investment banking unit to either Raymond James Financial Inc. or Stifel Financial Corp., it would represent a major new chapter in the firm’s 43 years of history in the city.

23. Economists: Obama's Policies 'Fair' or 'Poor' -

WASHINGTON (AP) – President Barack Obama gets mediocre marks for his handling of the U.S. economy, and Mitt Romney easily outpolls his Republican rivals in an Associated Press survey of economists.

24. Key Storylines Emerge in 2011 Banking -

Much of the news that came out of the local banking and financial services sectors in 2011 fell into one of three buckets.

No new fees, please.

Smaller names are doing bigger business.

And, two heads are better than one.

25. FINRA Orders Raymond James to Pay Investors $1.69M -

WASHINGTON (AP) – The Financial Industry Regulatory Authority fined Raymond James & Associates, Inc. a total of $425,000 and ordered the brokerage and financial adviser company to pay $1.69 million to investors for charging excessive commissions.

26. Companies Add 67K Workers, but Jobless Rate Rises -

WASHINGTON (AP) – Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose because not enough jobs were created to absorb the growing number of people looking for work.

27. Archived Article: Small Biz - By Andy Meek

Goodman Finds Sweet Success in Franchise Venture

ANDY MEEK

The Daily News

The bouquets that Cheryl Goodman spends hours perfecting in her Cordova home are eye-catching, usually built around a specific theme and edible.

Go...

28. Archived Article: Memos - Victor Mills was named as the general manager of the Peabody hotel Victor Mills was named general manager of the Peabody hotel. He joined the Peabody Hotel Group in 1990 through the Peabody Orlando hotel. During his tenure, he earned the Peabody Gro...

29. Archived Article: Memos - Mike W Mike W. Myers has been named chief operating officer for Back Yard Burgers Inc. Myers formerly was regional vice president of Whataburger Inc. in Irving, Texas. He has a masters degree from the University of Phoenix. Lawrence C. Day has been ...

30. Archived Article: Memos - Dr Dr. Raymond R. Lagesse has been named assistant to the vice president for academic affairs at State Technical Institute. Lagesse previously worked at the State University of New York College at Geneseo where he was associate dean and director of ...