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Editorial Results (free)

1. Playing the Pullback -

After four years of up, markets have quickly entered correction territory. Unfortunately, since most investors operate with short memories, the current pullback feels major since recent comparisons have been minor. However, markets corrections don’t presage negative annual returns.

2. Shelby County Mortgage Market Up 25 Percent in July -

As David May sees it, the Memphis-area real estate market is in the fortunate position of dealing with a bounty of positive surprises lately.

One example the West Tennessee area president for Regions Bank points to deals with home values. Four or five years ago, he explains, if Regions was in the midst of setting up a home equity loan or a refinance for a borrower and ordered an appraisal, the figure that came back was often a negative surprise.

3. Detroit Newspaper Wins Appeal Over Getting Federal Mug Shots -

DETROIT (AP) — The government must release mug shots of federal criminal defendants in Michigan and three other states, including Tennessee, an appeals panel said Wednesday in a clash over privacy and public records.

4. Wunderlich Taps New General Counsel -

Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.

He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.

5. Regions Wealth Executive Talks Expansion, Growth Opportunities -

Travis LeMonte has been on the job for a little more than two months, but the executive leading Regions Private Wealth Management in West Tennessee already is talking expansion and adding to his team’s wealth management firepower.

6. Wunderlich Taps New General Counsel -

Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.

He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.

7. Regions Adds to Wealth Management Team -

Regions Bank has added a few new professionals to Regions Private Wealth Management in Memphis.

Amy O’Bannon and Holly Clark have joined as wealth advisers.

8. West-Ward Pharmaceutical Plans Distribution Center Expansion -

4750 Pleasant Hill Road
Memphis, TN 38116
Loan Amount: $6.1 million

9. Study Says West Tennessee Economy Has Lagged -

West Tennessee’s economy has been lagging behind other regions in the state but is starting to make inroads in employment growth and technology-related hirings, a new report says.

The region’s mayors and economic development officials met Thursday at Jackson State Community College to review the report, The Jackson Sun reported. The study was financed by a $50,000 grant given by the Tennessee Department of Labor and Workforce Development.

10. US Home Sales Surged in June to Fastest Pace in 8-Plus Years -

WASHINGTON (AP) — Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed the availability of houses on the market.

11. Charles Hughes to Head Rhodes’ Memphis Center -

Dr. Charles L. Hughes has been named director of Rhodes College’s Memphis Center, an academic hub focused on the human experience of the Memphis and Mid-South region. He will be teaching classes on Memphis history and culture, coordinating student projects and developing programs, and also will be continuing his own research on the area.

12. Fed Survey Finds Economic Growth in All Regions of US -

WASHINGTON (AP) – The U.S. economy was expanding in all regions of the country in the late spring, aided by strong sales of autos and other consumer goods.

In its latest survey of business conditions, the Federal Reserve said Wednesday that some of its regions reported that lower energy prices were encouraging consumers to shop and eat out more. Growing sales of homes and commercial real estate also boosted the economy.

13. Sisters Carry On Father’s Legacy at Bancroft Leasing -

For the Bancroft sisters, talking about best-fit leasing options for agricultural equipment comes as easily as navigating the Memphis streets they've known all their lives. Together, the pair make up the second generation of Bancroft Leasing, an equipment leasing brokerage company started by their father, Charlie Bancroft, in 1977.

14. Dollar Tree Completes $8.5 Billion Purchase of Family Dollar -

NEW YORK (AP) – Dollar Tree has completed its $8.5 billion acquisition of rival discount chain Family Dollar after a year-long struggle that drew in antitrust regulators and rival bids.

15. Mark Mosteller Joins Evolve Bank & Trust -

Mark E. Mosteller Sr. recently joined Evolve Bank & Trust as executive vice president, accounting and finance.
The new role includes a variety of responsibilities, including management of the accounting and finance department team, accounting internal controls, internal and external financial reporting, budgeting and forecasting, taxes and treasury management. Mosteller also works with senior and executive management and the board on accounting, finance and operational issues.

16. Solana Senior Living Facility Sells for $65.5 Million -

8199 Poplar Ave.
Germantown, TN 38138

Sale Amount: $65.5 million

Sale Date: May 27, 2015

17. Regions Bank Taps New Area Wealth Executive -

Regions Bank has tapped Travis LeMonte to be its new area wealth executive for Regions Private Wealth Management in West Tennessee.

18. YMCA of Memphis Buys Downtown YMCA for $2.9M -

The YMCA of Memphis & the Mid-South has purchased the Fogelman Downtown YMCA for $2.9 million, according to public records.

YMCA acquired the building at 245 Madison Ave. from Forum 245 Madison LLC, according to a May 27 warranty deed. In conjunction with the purchase, the organization filed a $2.1 million loan with Regions Bank, according to a May 26 deed of trust. Keith Johnson, president and chief executive of the YMCA of Memphis & the Mid-South, signed the deed of trust.

19. Fed Sees Moderate Economic Growth Around Country This Spring -

WASHINGTON (AP) – The U.S. economy was growing at a moderate pace in most regions of the country in April and May, as consumers ramped up spending at retailers and auto dealers, the Federal Reserve said Wednesday.

20. YMCA of Memphis Buys Downtown Facility for $2.9 Million -

The YMCA of Memphis & the Mid-South has purchased the Fogelman Downtown YMCA for $2.9 million, according to public records.

YMCA acquired the building at 245 Madison Ave. from Forum 245 Madison LLC, according to a May 27 warranty deed. In conjunction with the purchase, the organization filed a $2.1 million loan with Regions Bank, according to a May 26 deed of trust. Keith Johnson, president and chief executive of the YMCA of Memphis & the Mid-South, signed the deed of trust.

21. Regions Bank Taps New Area Wealth Executive -

Regions Bank has tapped Travis LeMonte to be its new area wealth executive for Regions Private Wealth Management in West Tennessee.

22. AutoZone Park Ranked No. 2 in Minor Leagues -

When AutoZone Park opened in 2000, with an exhibition game against the St. Louis Cardinals, it was the undisputed best ballpark below the major leagues. Before the first pitch was ever thrown, everyone from then-Cardinals manager Tony La Russa to then-beloved slugger Mark McGwire raved about the gorgeous new ballpark at Third Street and Union Avenue.

23. Events -

Mid-South Association for Financial Professionals will meet Thursday, May 21, from 11:30 a.m. to 1 p.m. at Regions Bank, 6200 Poplar Ave. Memphis Mayor A C Wharton Jr. will discuss jobs and economic growth for the city of Memphis. Register at midsouthafp.org.

24. Events -

Sales and Marketing Society of the Mid-South will meet Wednesday, May 20, from 11:30 a.m. to 1 p.m. at Chickasaw Country Club, 3395 Galloway Ave. Bill Piper with Sandler Training will present “The Buyer Seller Dance.” Cost for nonmembers is $30 in advance or $35 at the door. Visit sms-midsouth.org.

25. Events -

The Center City Development Corp. board will meet Wednesday, May 20, at 9 a.m. in the Downtown Memphis Commission conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

26. AutoZone Park Ranked No. 2 Among Minor League Parks -

When AutoZone Park opened in 2000, with an exhibition game against the St. Louis Cardinals, it was the undisputed best ballpark below the major leagues. Before the first pitch was ever thrown, everyone from then-Cardinals manager Tony La Russa to then-beloved slugger Mark McGwire raved about the gorgeous new ballpark at Third Street and Union Avenue.

27. Events -

The Orpheum Theatre will present “Kinky Boots” Tuesday, May 19, through May 24 at the theater, 203 S. Main St. Visit orpheum-memphis.com or call 901-525-3000 for showtimes and tickets.

28. Memphis Is No. 2 ‘Sneeziest and Wheeziest’ City -

The Memphis area is ranked as the country’s second worst city for exposure to ragweed pollen and ozone pollution that can worsen respiratory allergies and asthma, according to the Natural Resources Defense Council.

29. Events -

Dixon Gallery and Gardens will host Art After Dark: Movie Night Thursday, May 21, at Dixon, 4339 Park Ave. Bring a blanket and lawn chairs for live music at 6 p.m. and a screening of “The Big Lebowski” at 8 p.m. Free popcorn; wine, beer and soda available for purchase. Admission is free for members and $5 for nonmembers. Visit dixon.org.

30. East Tennessee’s Endangered 8 -

The East Tennessee Preservation Alliance’s list of endangered heritage sites for the region:

1. The Stonecipher-Kelly House in Morgan County was built around 1814 by the first permanent white settlers in that area, as part of a Revolutionary War land-grant.

31. Small Banks Find Ways to Compete With Giants -

Nashville’s InsBank began 15 years ago, founded by a group of insurance agents. Originally, it was known as Insurors Bank of Tennessee, its target market was independent insurance agents in the state. But that has changed somewhat over the years as the bank has evolved from that particular niche.

32. Memphis is No. 2 ‘Sneeziest and Wheeziest’ City -

The Memphis area is ranked as the country’s second worst city for exposure to ragweed pollen and ozone pollution that can worsen respiratory allergies and asthma, according to the Natural Resources Defense Council.

33. Starbucks Hopes 'Mini Frappuccino' Tempts New Customers -

NEW YORK (AP) – If a small Frappuccino seems like too much of an indulgence, Starbucks is now selling a more petite version of the sugary coffee drink.

The Seattle-based coffee chain says it will start selling a "Mini Frappuccino" starting Monday through July 6. The new size is just 10 ounces, compared with 12 ounces for the company's "tall" or small size.

34. Conduit Job Cuts Follow Bass Pro Gain -

The news that Conduit Global would lay off nearly 600 of its 700 Memphis call center employees happened so quickly that Mayor A C Wharton Jr. was caught by surprise when the word came Wednesday, May 6.

35. McDonald's Challenge: Make It Simpler, But Add Choices -

NEW YORK (AP) – McDonald's wants to simplify, simplify, simplify – but also add a bunch of choices for customers to avoid growing stale.

CEO Steve Easterbrook said Monday that he will strip away the bureaucracy at McDonald's so the company can move more nimbly to keep up with changing tastes. The overhaul comes after McDonald's saw its profit drop 15 percent last year, with sales dipping in regions around the world.

36. Pinnacle CEO Talks Memphis Plans in Wake of Acquisition -

Flush from its newly announced acquisition of Magna Bank and the hire of a team from First Tennessee Bank, the newest entrant into the Memphis banking market already is looking down the road, planning more hires and a careful expansion of Magna’s existing footprint.

37. Live at the Garden Concert Series Announces Lineup -

The Memphis Botanic Garden has announced the lineup for this year’s Live at the Garden concert series.

The series gets started June 26 with Aretha Franklin, followed on July 17 by Rob Thomas, then on August 15 is ZZ Top, with Martina McBride next on Sept. 4, and finally on Sept. 18 Daryl Hall & John Oates.

38. Live at the Garden Concert Series Announces Lineup -

The Memphis Botanic Garden has announced the lineup for this year’s Live at the Garden concert series.

The series gets started June 26 with Aretha Franklin, followed on July 17 by Rob Thomas, then on August 15 is ZZ Top, with Martina McBride next on Sept. 4, and finally on Sept. 18 Daryl Hall & John Oates.

39. US Home Sales Bounced Back in March, But Can the Gain Last? -

WASHINGTON (AP) – U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing.

Sales of existing homes jumped 6.1 percent last month to a seasonally adjusted annual rate of 5.19 million, the National Association of Realtors said Wednesday. The gains were solid enough to suggest that housing might be returning to stable footing after enduring a boom, a bust and a stubbornly tepid recovery over the past dozen years.

40. Monogram Loves Kids to Award $140,000 -

The Monogram Loves Kids Foundation will award $140,000 to charitable organizations that sponsor programs benefiting children in the six regional areas where Monogram does business.

The regions are Memphis; Martinsville, Va.; Chandler, Minn.; Bristol, Ind.; Schulenburg, Texas; and Harlan, Iowa.

41. Monogram Foods Charitable Fund to Award $140,000 -

The Monogram Loves Kids Foundation will award $140,000 to charitable organizations that sponsor programs benefiting children in the six regional areas where Monogram does business.

The regions are Memphis; Martinsville, Va.; Chandler, Minn.; Bristol, Ind.; Schulenburg, Texas; and Harlan, Iowa.

42. Highland Capital Management Merges With Florida Firm -

Memphis-based investment firm Highland Capital Management has merged with a Florida-based financial firm.

Highland Capital has acquired the assets of ICC Capital Management, a combination that increases client assets under management at Highland to $2.8 billion. As a result, Highland’s parent company, Louisiana-based wealth management firm Argent Financial Group, is now responsible for client assets of more than $11 billion.

43. As Fed Weighs a Rate Hike, US Economy is Looking a Bit Paler -

WASHINGTON (AP) – Just as the Federal Reserve seems to be inching toward an interest rate hike because of the strengthening U.S. job market, its task is getting more complicated:

Several key sectors of the economy are flashing some signs of weakness.

44. Mortgage Market Up 8 Percent in February -

Regions Bank saw a 14 percent gain in its mortgage volume year-over-year last month, a fact that Regions’ Memphis-area mortgage production manager Dean Puryear attributes to resurgent confidence in market conditions among consumers, as well as optimism in their own circumstances.

45. Tennessee Launches Statewide Pothole Repair Plan -

NASHVILLE, Tenn. (AP) – The Tennessee Department of Transportation has launched a massive mission to patch the plethora of potholes across the state.

TDOT officials said in a statement that the agency plans to make use of the forecast for warmer temperatures over the next few days by using all available manpower to make repairs as quickly as possible. There will be multiple crews in all four regions of the station patching the damage left behind by snow and ice. Repairing all the damage will take weeks.

46. UTHSC Researchers Part of Global Brain Study -

In the largest collaborative study of the brain to date, researchers from the University of Tennessee Health Science Center are part of a global consortium of 190 institutions working to identify eight common genetic mutations that appear to age the brain an average of three years. The discovery could lead to targeted therapies and interventions for Alzheimer’s disease, autism and other neurological conditions.

47. Roy’s Events Take Wine, Travel, Even Chocolate to New Audience -

Entrepreneur Maja Djorcev Roy knows the value of connecting people, sharing stories and developing an appreciation for artisan quality goods

Roy, a native of Slovenia, follows her passion and shares her knowledge of wine and the stories of the vineyards through her business, Wine Forté.

48. Eakin: Rising Rents Hitting All of Middle Tennessee -

Selling business people on the idea of relocating to Nashville is easy for commercial real estate broker Barry R. Smith because he, too, bought into the city’s charm when he first came to town in 1981.

49. Space Race -

Businesses looking for office space in Nashville are learning a painful lesson that homebuyers already know – prices are high, and if you take time to shop around for a better deal, someone else is likely to snap up the property, leaving you out in the cold.

50. UTHSC Researchers Part of Global Brain Study -

In the largest collaborative study of the brain to date, researchers from the University of Tennessee Health Science Center are part of a global consortium of 190 institutions working to identify eight common genetic mutations that appear to age the brain an average of three years. The discovery could lead to targeted therapies and interventions for Alzheimer’s disease, autism and other neurological conditions.

51. 270 Tennessee Supermarkets Expected to Sell Wine in 2016 -

NASHVILLE, Tenn. (AP) – Tennessee regulators expect 270 stores across the state to be among the first wave of supermarkets to sell wine under a new state law going into effect in July 2016.

52. As Tastes Change, Big Food Makers Try Hipster Guises -

HUNTINGTON BEACH, Calif. (AP) – At a taco shop in Southern California, milkshakes are served in mason jars and a chalkboard menu lists "The 1%er" made with lobster meat.

The logo is a pink skull and instead of buzzers, customers are given license plates so servers can identify them when bringing out orders.

53. Regional One Health Foundation Adds to Board -

Regional One Health Foundation has added five new members to its board of directors.

They represent a range of industries that span farming, security, credit unions and insurance.

The new members are Dillard Door and Entrance Control president and CEO Christopher Bird; Regions Insurance of Tennessee president and CEO Mark Forrester; Jefferson Mortuary owner/operator Preston Jefferson; Bowdre Place/Owen Family Farming Partners managing partner Norman Davis Owen Sr.; and Orion Federal Credit Union president and CEO Daniel Weickenand.

54. European Cruise Giant Viking Plans Mississippi River Tours -

NEW ORLEANS (AP) – European river cruise giant Viking, already gaining a high profile in the United States with its sponsorship of popular PBS television shows, announced Tuesday that it will make New Orleans its first North American home port for Mississippi River cruises expected to begin by late 2017.

55. US Home Sales Plunge 4.9 Percent in January -

WASHINGTON (AP) – U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.

The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 percent last month to a seasonally adjusted annual rate of 4.82 million. That brings sales down to their lowest level since April 2014.

56. Regional One Health Foundation Adds to Board -

Regional One Health Foundation has added five new members to its board of directors.

They represent a range of industries that span farming, security, credit unions and insurance.

The new members are Dillard Door and Entrance Control president and CEO Christopher Bird; Regions Insurance of Tennessee president and CEO Mark Forrester; Jefferson Mortuary owner/operator Preston Jefferson; Bowdre Place/Owen Family Farming Partners managing partner Norman Davis Owen Sr.; and Orion Federal Credit Union president and CEO Daniel Weickenand.

57. Ready.Fund.Grow! Offers Help for Women-Owned, Small Businesses -

Small and women-owned businesses will have new sources of capital and know-how in 2015, thanks to a new initiative, Ready.Fund.Grow!, being developed by Pathway Lending and the Tennessee Small Business Development Center (TSBDC), along with a new Women’s Business Center which will be operated by Pathways.

58. Forensic Center to Collect Data on Sudden Deaths -

The West Tennessee Regional Forensic Center, which is managed by the University of Tennessee Health Science Center, is one of four Tennessee locations participating in the new Sudden Death in the Young Case Registry, a national data collection project to learn more about the reasons for sudden and unexplained deaths of those under the age of 20.

59. Forensic Center to Collect Data on Sudden Deaths -

The West Tennessee Regional Forensic Center, which is managed by the University of Tennessee Health Science Center, is one of four Tennessee locations participating in the new Sudden Death in the Young Case Registry, a national data collection project to learn more about the reasons for sudden and unexplained deaths of those under the age of 20.

60. Record iPhone Sales Drive Blowout Quarter for Apple -

SAN FRANCISCO (AP) – Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.

Apple said Tuesday that it sold 74.5 million iPhones during the three months that ended Dec. 31, beating analysts' expectations for the latest models of Apple's most popular gadget, introduced in September.

61. Regions Launches Digital Financial Education Game -

Regions Bank has started the new year by adding something new to its collection of financial advice, guidance and educational materials for consumers.

62. Fed Survey Finds Moderate Economic Growth -

WASHINGTON (AP) – The U.S. economy was growing at a moderate pace in December and early January, helped by gains in sales of autos and other consumer products, increased factory production and a pickup in tourism in various parts of the country, the Federal Reserve reported Wednesday.

63. 2014 Was Best Hiring Year Since '99; Jobless Rate 5.6 Percent -

WASHINGTON (AP) – The United States capped its best year for hiring in 15 years with a healthy gain in December, and the unemployment rate hit a six-year low. The numbers support expectations that the United States will strengthen further this year even as overseas economies stumble.

64. European Job Hunt -

When I visited Dublin, Ireland, in 2013, I was surprised at what I found. It was a European city that in some ways reminded me of home. People were incredibly friendly. The culture was built around music, food and socializing. The city’s core is a similar size to Downtown Memphis, and it’s built around a river.

65. Forest Service Yanks $10 Million Contract to Boost Its Image -

GRANTS PASS, Ore. (AP) – The U.S. Forest Service has abruptly decided not to spend $10 million on a five-year nationwide public relations campaign to brand itself as a public agency that cares about people and nature.

66. Business Development -

Today, Larry Colbert is president and CEO of Junior Achievement of Memphis and the Mid-South.

But in 1972, he was a high school student in a Junior Achievement program in Atlanta.

67. Building the Base -

It was late September, and local officials were deeply engaged with retail giant Target as the company explored investing in an online fulfillment center in Memphis when the discussions turned toward a familiar subject.

68. TruGreen Donates $125,000 Through ‘Lawn Stars’ -

TruGreen has announced it has donated more than $125,000 to several local and national charities through the company’s Lawn Stars program.

Each quarter, the TruGreen Lawn Stars program recognizes 21 local sales and service teams that lead their respective regions in customer growth. Each winning branch is awarded a $2,000 donation towards any charity of their choice.

69. 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.”

70. US Consumer Sentiment at Highest Point in 8 Years -

WASHINGTON (AP) – U.S. consumers are more optimistic about the economy than at any other time in the past eight years, buoyed by more jobs and falling gas prices, a survey finds.

The University of Michigan said Tuesday that its index of consumer sentiment has jumped to 93.6 from 88.8 in November. December's reading is the highest since January 2007, nearly a year before the Great Recession officially began.

71. 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.

72. TruGreen Donates $125,000 Through ‘Lawn Stars’ -

TruGreen has announced it has donated more than $125,000 to several local and national charities through the company’s Lawn Stars program.

Each quarter, the TruGreen Lawn Stars program recognizes 21 local sales and service teams that lead their respective regions in customer growth. Each winning branch is awarded a $2,000 donation towards any charity of their choice.

73. Junior Achievement Plans After-School Program -

Junior Achievement of Memphis and the Mid-South Inc. has partnered with Regions Bank and the Memphis Public Library & Information Center to offer ninth- through 12th-graders the JA Company Program in an after-school setting starting in January.

74. Junior Achievement Plans After-School Program -

Junior Achievement of Memphis and the Mid-South Inc. has partnered with Regions Bank and the Memphis Public Library & Information Center to offer ninth- through 12th-graders the JA Company Program in an after-school setting starting in January.

75. Shelby County Sees Drop in Unemployment Rate -

The unemployment rate in Shelby County dropped in October but remains above the state average.

The preliminary unemployment rate for Shelby County in October was 7.9 percent, down from 9.8 percent in October of 2013 and 8.3 percent in September, according to the state Department of Labor and Workforce Development.

76. Average Affordable Care Premiums Going Up in 2015 -

WASHINGTON (AP) – Many people covered under President Barack Obama's health care law will face higher premiums next year, the administration acknowledged Thursday. While the average increases are modest, it's more fodder for the nation's political battles over health care.

77. Shelby County Sees Drop in Unemployment Rate -

The unemployment rate in Shelby County dropped in October but remains above the state average.

The preliminary unemployment rate for Shelby County in October was 7.9 percent, down from 9.8 percent in October of 2013 and 8.3 percent in September, according to the state Department of Labor and Workforce Development.

78. Shelby County Unemployment Rate Drops -

The unemployment rate in Shelby County dropped in October but remains above the state average.

The preliminary unemployment rate for Shelby County in October was 7.9 percent, down from 9.8 percent in October of 2013 and 8.3 percent in September, according to the state Department of Labor and Workforce Development.

79. Shelby County Unemployment Rate Drops -

The unemployment rate in Shelby County dropped in October but remains above the state average.

The preliminary unemployment rate for Shelby County in October was 7.9 percent, down from 9.8 percent in October of 2013 and 8.3 percent in September, according to the state Department of Labor and Workforce Development.

80. US Pending Home Sales Slip in October -

The number of Americans signing contracts to buy homes fell slightly in October as tight credit and lagging wages remained financial hurdles for would-be homebuyers.

The National Association of Realtors said Wednesday its seasonally adjusted pending home sales index fell 1.1 percent in the past month to 104.1. The index remains below its 2013 average but is 2.2 percent higher than last October.

81. Germantown Mayor-Elect Discusses Revenue, Schools -

The incoming mayor of Germantown wants to grow the city’s sales tax base to make its government a bit less reliant on property tax revenue.

Property taxes fund about 60 percent of Germantown city services, said mayor-elect Mike Palazzolo, who takes office Dec. 16. Sales tax revenue funds another 16 percent, with the rest coming from fees and state and federal funding.

82. Fed Sees Solid US Economy, Despite New Threats -

WASHINGTON (AP) – Federal Reserve policy-makers discussed a variety of economic threats at their October meeting – from turbulent financial markets to overseas weakness – but decided to move forward with plans to end their landmark bond buying program.

83. Lending a Hand -

Mid-South Drug Testing president Kelly Dobbins is the kind of entrepreneur banks and lenders are increasingly making it a point to seek out.

84. Nashville Serves Lesson in Equality Via Steam Table -

Attending the Southern Foodways Alliance symposium meant homework before class. Leading up to the meeting, we received a list of about 14 articles, 26 books, two thesis papers, five oral histories and nine films to help put the talks and meals we would have into context.

85. First Tennessee Grows Beyond Home State -

This year may mark its 150th anniversary, but 2014 has proven to be a significant period for First Tennessee Bank for reasons beyond the celebration of a milestone birthday.

86. Incentive Applications Lag Previous Years -

Until a spate of activity this month, Memphis and Shelby County were on pace to tie a record-low for the number of payment-in-lieu-of-taxes agreements granted to companies in a year.

Through September, the city-county Economic Development Growth Engine, the primary business incentive body in Memphis and Shelby County, had awarded just four PILOTs, tied with 2006 for the lowest amount of PILOTs issued in a year since 2002.

87. Events -

Church Health Center and MIFA will hold a farmers market Tuesday, Oct. 21, from 10 a.m. to 2 p.m. at Church Health Center Wellness, 1115 Union Ave. Visit churchhealthcenter.org.

88. 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.

89. Regions Bank Grows Local Deposit Share -

Regions Bank has grown its share of customer bank deposits in both Shelby County and in Tennessee as a whole, according to a new report from the Federal Deposit Insurance Corp.

90. Regions Insurance Expands in Memphis -

The recent expansion of the employee benefits practice of Regions Insurance in Memphis involved the addition of Stuart Zalowitz and Jonathan Frisch, owners of Zalowitz Frisch Benefits Group, along with a team of associates.

91. Regions Bank Grows Local Deposit Share -

Regions Bank has grown its share of customer bank deposits in both Shelby County and in Tennessee as a whole, according to a new report from the Federal Deposit Insurance Corp.

92. Fed Survey Finds Moderate Growth Nationwide -

WASHINGTON (AP) – The U.S. economy was strengthening in most regions of the country in September to early October, helped by gains in consumer spending, manufacturing and commercial construction, according to the Federal Reserve's latest survey of business conditions.

93. ‘Wake-Up Call’ -

Last week, Joel Hobson, broker-owner of Memphis-based Hobson Realtors, posted notes in the workplace and a message on the company’s website notifying clients that they may have to meet sales staff at the office or provide proof of identification.

94. Commission Moves Past First Partisan Divide -

As quickly as it surfaced, the Shelby County Commission’s first partisan divide of their term of office appeared to subside Monday, Oct. 13.

With little discussion, commissioners approved chairman Justin Ford’s slate of committee assignments for the next year.

95. Commission Approves Committee Slate -

With very little discussion, Shelby County Commissioners approved Monday, Oct. 13, chairman Justin Ford’s slate of committee assignments for the next year.

96. Medtronic, Covidien Detail Senior Leadership Plans -

The medical device maker Medtronic has laid out its leadership plans for life after it acquires Ireland's Covidien for nearly $43 billion.

The Minneapolis company said the combined business will be divided into four major groups and geographic regions, led by a new executive committee. Medtronic Chairman and CEO Omar Ishrak will continue in those roles in the combined company.

97. Startup Looks to Help Cab Companies Evolve -

Ride-sharing services like Uber and Lyft seem to have been eating the traditional cab industry’s lunch.

A recent graduate of one of the Start Co. startup accelerators in Memphis, though, wants to help cab companies fight back.

98. Contracts to Buy US Homes Slide in August -

WASHINGTON (AP) – Fewer Americans signed contracts to buy homes in August, suggesting that real estate sales will remain sluggish over the next few months.

The National Association of Realtors said Monday that its seasonally adjusted pending home sales index fell 1 percent over the past month to 104.7. Higher prices and weak wage growth has limited buying, as the index is 2.2 percent below its level from a year ago.

99. Stonebridge Crossing Sells for $29.8 Million -

9135 Morning Ridge Road
Memphis, TN 38016
Sale Amount: $29.8 million

Sale Date: Sept. 11, 2014
Buyer: IRT Stonebridge Crossing Apartments Owner LLC
Seller: AB Merion Stonebridge LLC
Details: The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

100. Century Center Land Sold for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.