Editorial Results (free)
1.
Changing the Fiber of Your Nonprofit -
Friday, May 17, 2013
A capital campaign – or any other quantum leap in your fundraising – will pull at every fiber of your nonprofit. These are not “business as usual” activities. If you want to grow from one level of donated revenue to another you have to do things differently. It’s no different than a business seeking to enter a new market or release a new product. New, more and different thinking, actions and people are required for new, more and different results.
2.
Hospital Billings Vary Widely in Memphis -
Wednesday, May 15, 2013
Government data released for the first time last week showed that hospitals across the nation bill Medicare widely different amounts for the same procedures.
St. James Mercy Hospital in Hornell, N.Y., charged $29,637 for patients who received a respiratory system diagnosis and remained on a ventilator more than 96 hours, while Stanford Hospital in Stanford Hospital, Calif., charged $929,119.
3.
Wright Joins Magna Bank as Senior Vice President -
Wednesday, April 24, 2013
Andy Wright has joined Memphis-based Magna Bank as senior vice president and manager of commercial banking. Wright, who previously held senior vice president positions at Iberiabank and First Tennessee Bank, has experience working with a variety of industries, with in-depth expertise in the transportation and logistics industries.
4.
Tennessee Lags in Hospital Care Spending -
Wednesday, April 24, 2013
Hospital care spending in Tennessee averaged $2,160 per person in 2009, a figure that is among the 10 lowest in the nation on a state-by-state comparison.
Tennessee ranked No. 10 in the country for the states with the lowest hospital care spending, including services for outpatient care, operating room fees and the services of physician residents, data from the Kaiser Family Foundation showed. Nationally, hospital spending averaged $2,475 per person in 2009. That’s about 14.6 higher than the average per person hospital spending in Tennessee.
5.
First Horizon Grows Profit in Quarter -
Monday, April 22, 2013
Memphis-based First Horizon National Corp., the parent company of First Tennessee Bank, kicked off its first quarterly earnings announcement of 2013 by meeting analyst expectations and reporting a profit of $42.2 million, up from $30.5 million during the first quarter of 2012.
6.
First Horizon Grows Profit as Expenses Fall -
Friday, April 19, 2013
Memphis-based First Horizon National Corp., the parent company of First Tennessee Bank, kicked off its first quarterly earnings announcement of 2013 by meeting analyst expectations and reporting a profit of $42.2 million, up from $30.5 million during the first quarter of 2012.
7.
The Cyprus is Falling! -
Thursday, March 28, 2013
The Cyprus economy is $23 billion. (The Vermont economy is $26 billion.) Bank loans in Cyprus are eight times the size of GDP, compared with 3.5 times in the Eurozone and 1 times U.S. GDP. With leverage ratio’s that high, a small deterioration in loan performance can render the banking system insolvent.
8.
Make Memorable Impressions at Networking Events -
Wednesday, March 27, 2013
Find yourself attending countless networking events with little result in new business generated? It’s possible you’re just not leaving a memorable impression. But don’t take it personally. Most attendees are more focused on what they’re going to say than what you or anyone else is saying. That’s why deploying attention-grabbing strategies are essential to generating a real return on your networking time investment.
9.
Explore Alternatives to Banks -
Thursday, March 21, 2013
Ray’s Take In decades past you built a relationship with your bank and, more importantly, your banker. After so many mergers, that’s become harder to do. Generation low interest rates have banks piling up fees on their customers as well as limiting services It might be worthwhile to at least consider options other than the neighborhood brick-and-mortar bank.
10.
Hattiloo Theatre Ready to Rise at Overton Square -
Thursday, March 21, 2013
Hattiloo Theatre is preparing to break ground on its build-to-suit facility at Overton Square in Midtown within the next 45 days, as it finalizes some last-minute financing and lines up subcontractors.
11.
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
12.
Conference Brings Jobs Creation Into Focus -
Monday, February 11, 2013
Jim Clifton, CEO of the Gallup organization since 1998, believes the stakes are extraordinarily high in the global arms race for jobs.
He made the point in stark terms in a recent interview he gave to Forbes.
13.
US Service Firms Grew More Slowly in January -
Wednesday, February 06, 2013
WASHINGTON (AP) – Growth at U.S. service companies slowed slightly in January behind weaker new orders and business activity. But hiring improved, a bright sign for the economy.
The Institute for Supply Management said Tuesday that its index of non-manufacturing activity dipped to 55.2 in January. That’s down from 55.7 in December, which was the highest level in nearly a year. Any reading above 50 indicates expansion.
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.
It’s All About Commitment -
Friday, February 01, 2013
Part two of a two-part series Commitment is at the heart of all successful nonprofit fundraising. It needs to be developed and sustained. It starts with the organization’s leadership – the executive director or CEO, board members as well as leadership level employees and volunteers. The purpose and vision for proposed fundraising needs to be carefully discussed by these parties, ideally through one-on-one conversations with time for challenging questions and clear answers.
16.
Delta Posts Hugely Profitable 2012 -
Wednesday, January 23, 2013
Delta Air Lines Inc. on Tuesday, Jan. 22, reported a profitable quarter despite taking a substantial hit from Superstorm Sandy in October.
17.
Argent Financial, Highland Capital Merging -
Wednesday, January 09, 2013
Memphis-based Highland Capital Management LLC and Louisiana-based Argent Financial Group, which entered the Memphis market a few years ago, are merging.
18.
U.S. Employers Add 155,000 Jobs in December -
Monday, January 07, 2013
WASHINGTON (AP) – U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.
The solid job growth wasn’t enough to reduce the unemployment rate, which remained 7.8 percent last month, the Labor Department said Friday. The rate for November was revised up from an initially reported 7.7 percent.
19.
$4 Million Permit Filed For Regional Medical Center -
Saturday, January 05, 2013
Plans have been submitted for $4 million worth of capital improvements at the Regional Medical Center at Memphis.
A building permit application with the city-county Office of Construction Code Enforcement calls for interior demolition and infill of approximately 17,500 square feet of an existing floor at The MED, 877 Jefferson Ave.
20.
$4 Million Permit Filed For Regional Medical Center -
Wednesday, January 02, 2013
Plans have been submitted for $4 million worth of capital improvements at the Regional Medical Center at Memphis.
A building permit application with the city-county Office of Construction Code Enforcement calls for interior demolition and infill of approximately 17,500 square feet of an existing floor at The MED, 877 Jefferson Ave.
21.
Bioworks Seeks to Restore Hotel -
Thursday, December 20, 2012
Memphis Bioworks Foundation is working to renovate the old Holiday Inn building in Memphis Medical Center into a mixed-use facility.
Brandon Wellford, chief financial officer and director of real estate for Memphis Bioworks Foundation, said the vision is to redevelop the 12-story property with hotel space on the top; apartments for Memphis Medical Center students, staff and faculty in the mid-levels; and retail on the ground floor.
22.
These are Taxing Times -
Tuesday, December 18, 2012
I find it very curious that the fiscal cliff was not a topic of any of the presidential debates of 2012. It was not mentioned by the candidates or the moderators. Yet within a week of the election results, it seems as though everyone has heard of the looming fiscal cliff and the black hole that lies beneath it. Ignorance may be bliss, but the unknown can be downright scary. Right now, most of us are staring into the black hole and wondering how this country will address the growing national deficit and in particular, how inevitable changes in tax policy and accounting rules will affect us in 2013 and beyond.
23.
Shadowy Tennessee Donor Behind Record Campaign Contributions -
Monday, December 10, 2012
WASHINGTON (AP) – A lawyer in Tennessee who is mysteriously linked to millions of dollars in campaign contributions steered to congressional candidates doubled his investments in the weeks before Election Day and quietly funneled $6.8 million more to a prominent Tea Party group, according to new financial statements filed with the government.
24.
Securities and Exchange Official Elisse Walter Chosen to Lead Agency -
Tuesday, November 27, 2012
WASHINGTON (AP) – President Barack Obama has chosen Elisse Walter, one of five members of the Securities and Exchange Commission, to head the agency. Chairman Mary Schapiro will leave next month after a tumultuous tenure in which she helped lead the government's regulatory response to the financial crisis.
25.
First Horizon Gets Buyout Takers -
Wednesday, November 21, 2012
First Tennessee Bank’s parent company is not yet in a position to report how many of its employees have accepted or will be accepting a voluntary buyout package the company offered last month to about 400 employees.
26.
Tayloe Brings Banking Knowledge, Energy to Financial Federal Board -
Monday, November 12, 2012
At the age of 34, William Tayloe became the youngest president in the 27-year history of Financial Federal Savings Bank. Now, at 39, he has been named to the bank’s board of directors.
27.
Optimism Finds Way Into Local Banks, Financial Institutions -
Monday, November 12, 2012
Here’s a look at what’s going on in the world of finance, and the ways it’s all affecting Memphis.
First up, to quote the Bard, “But soft: what light through yonder window breaks?”
28.
‘Let’s Do This’ -
Monday, November 12, 2012
There was just something about FedExForum. Something about touring the more than 800,000-square-foot arena for the first time that made him think it’s “just awesome, being inside here.”
29.
Memphis Area Legal Services Relies on City’s Legal Community -
Monday, November 05, 2012
The description of Memphis Area Legal Services Inc. as a law firm works in some ways.
But unlike conventional law firms, the attorneys work with clients across several institutional boundaries that might not ordinarily be part of the services offered by a conventional law firm.
30.
Brinkley Plaza Sells to Olymbec for $7.2 Million -
Monday, October 29, 2012
Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.
Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.
31.
Brinkley Plaza Sells to Olymbec for $7.2M -
Friday, October 26, 2012
Downtown’s Brinkley Plaza has sold for $7.2 million to a Canadian real estate investment firm.
Montreal-based Olymbec USA LLC, an entity of Olymbec Corporate Group, acquired the 219,557-square-foot tower at 80 Monroe Ave., its ground lease and the adjacent 300-space covered parking garage.
32.
Weekly US Jobless Aid Applications Fall -
Friday, October 26, 2012
WASHINGTON (AP) — Weekly applications for U.S. unemployment aid fell last week to a seasonally adjusted 369,000, a level consistent with modest hiring.
The Labor Department said Thursday that unemployment benefit applications dropped by 23,000, from a revised 392,000 the previous week. The four-week average, a less volatile measure, rose to 368,000.
33.
J.D. Byrider Brings First Franchise To Memphis -
Friday, October 26, 2012
The nation’s largest used car franchise company has entered the Memphis market. Carmel, Ind.-based J.D. Byrider has inked 30,900 square feet at 2580 Mount Moriah Road, marking the company’s second Tennessee dealership.
34.
Fed Cites Moderate US Growth, Takes no new Action -
Thursday, October 25, 2012
WASHINGTON (AP) — Two weeks before a U.S. election focused on the economy, the Federal Reserve said Wednesday that its help is still needed to increase growth and lower unemployment.
The Fed took no action after a two-day policy meeting. It wants time to assess whether the aggressive steps it launched in September will help the economy.
35.
You Better Care About Global Economy -
Thursday, October 25, 2012
Ray’s Take Most people tend to think provincially. We see and weigh what is closer to us more heavily than things and events that are further away. Americans in particular have long believed that what happens to the economies outside our borders doesn’t really affect us. The euro may be threatened and certain countries facing default, but we tend to believe that our economy is so massive and insulated that it won’t really bother us.
36.
Negative Impact -
Monday, October 22, 2012
First Horizon National Corp. reported a $26 million profit for the third quarter and improved profitability in its regional banking and capital markets businesses, though the Memphis-based company’s results still missed Wall Street’s expectations.
37.
After Pandit, a Smaller Citigroup Could Get Smaller Yet -
Thursday, October 18, 2012
NEW YORK (AP) – The incredible shrinking bank may have to shrink more.
In the hours after Tuesday's surprise announcement that Citigroup CEO Vikram Pandit was stepping down, speculation was rife, and facts scant, about what lay ahead for the nation's third-largest bank.
38.
Local Mortgage Market Up 25 Percent -
Wednesday, October 10, 2012
Chris Low, chief economist for First Horizon National Corp.’s capital markets division FTN Financial, has been on the road in recent days.
39.
St. Louis Fed President Talks Economy, New Rules -
Monday, October 08, 2012
A regional Federal Reserve president got a big applause in front of an audience of Memphis businessmen and bankers, acknowledging concern about new rules that would force banks to build higher capital cushions to absorb future losses.
40.
Easy Money -
Monday, October 08, 2012
When the Federal Reserve announced a few weeks ago its newest – i.e., third – round of quantitative easing intended to once again try to juice a sluggish economy, an employee of FTN Financial couldn’t resist a metaphor for the Fed’s open-ended commitment.
41.
Does Your Net Worth Really Matter? -
Thursday, October 04, 2012
Ray’s Take Do you know your net worth? Mathematically it’s the dollar amount by which your assets exceed your liabilities. It can be a nice number to know and it’s important to keep tabs on it. However, it’s not all that important in and of itself. What is important is how closely you are on track to reaching your long-term financial goals.
42.
RedRover Names Thomson Account Manager -
Wednesday, October 03, 2012
Melissa Thomson has been promoted to account manager from account executive at RedRover Sales & Marketing. In her expanded role, Thomson serves as a fractional chief marketing officer for growing Mid-South companies by conducting critical market research then creating and executing marketing strategies.
43.
Be Realistic in Fundraising Forecast -
Friday, September 28, 2012
Part two of a two-part series. How do you report that your nonprofit has not met its fundraising goal? Do you extend your campaign? Lay off employees? Close programs? Do more with less? Do you simply stop talking about the campaign and hope no one will ask about it?
44.
Feds Order Discover to Refund $200 Million to Cardholders -
Tuesday, September 25, 2012
WASHINGTON (AP) – Discover Bank will pay millions in fees to settle accusations by regulators that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring.
45.
Slow, Steady Growth Suits Summit Asset Management -
Monday, September 24, 2012
For Summit Asset Management LLC, steady organic growth over the past 20 years has been spurred by building strong local relationships.
46.
No Shortcuts to Meeting Your Fundraising Goal -
Friday, September 21, 2012
Part one of a two-part series “Sadly, I have to report that I and we failed.” That is not a good message to have to deliver. But it is part of life. The above quote is from a report given by Robert D. Sweeney, senior vice president for development and public affairs to the University of Virginia board of visitors at its Sept. 14 meeting. Sweeney was reporting on the progress of the University’s $3 billion capital campaign.
47.
First Horizon Honored for Technology -
Monday, September 17, 2012
The parent company of First Tennessee Bank is one of the most tech-savvy banks around, according to the information technology trade publication InformationWeek.
48.
AP IMPACT: Aggressive Start for Consumer Bureau -
Thursday, September 13, 2012
WASHINGTON (AP) – The new federal agency charged with enforcing consumer finance laws is emerging as an ambitious sheriff, taking on companies for deceptive fees and marketing and unmoved by protests that its tactics go too far.
49.
Growth Streak -
Monday, September 10, 2012
Andrew Holliday and Daniel Brown, the founding partners of Memphis-based branding and marketing firm Harvest Creative, used to joke about one day making the Inc. 500|5000, the list published each year by Inc. Magazine that honors the fastest-growing private companies in the U.S.
50.
US Service Firms Grew at Faster Pace in August -
Friday, September 07, 2012
WASHINGTON (AP) – U.S. service companies expanded at a faster pace in August than July, helped by stronger hiring. The growth at firms that employ roughly 90 percent of the work force suggests the economy is slowly improving.
51.
Vision, Mission and Fundraising -
Friday, September 07, 2012
This is the second in a two-part series. In part one of this series we discussed the role that the vision, mission and strategic plan play in the life of a nonprofit’s fundraising. These are the starting point.
52.
Drop in Key US Durable Goods Orders Shows Weakness -
Monday, August 27, 2012
WASHINGTON (AP) – Signs that U.S. manufacturing is faltering emerged from a report Friday that orders for long-lasting factory goods, excluding the volatile transportation category, fell in July for the fourth time in five months.
53.
City Leaders Look to New Governing Plan -
Tuesday, August 21, 2012
When 10 of the 13 Memphis City Council members get together around a table it is usually in their committee room on the fifth floor of City Hall for their regular meetings.
But last week they gathered in Memphis Mayor A C Wharton Jr.’s seventh-floor conference room at his request.
54.
Kickstarter Projects Generate Millions of Dollars -
Monday, August 20, 2012
NEW YORK (AP) – A funny thing happens on Kickstarter, the website where people ask for money to finance their projects. Sometimes, they get more money than they ask for.
Sometimes, they get millions more.
55.
MALS History Stretches Far Back -
Thursday, August 16, 2012
Context for a capital drive launched by Memphis Area Legal Services Inc. to pull the organization back from the financial brink can be found in MALS’ history, including its formation in the wake of the death of Dr. Martin Luther King Jr.
56.
US Trade Deficit Falls to Lowest in 18 Months -
Friday, August 10, 2012
WASHINGTON (AP) – The U.S. trade deficit fell to its lowest level in 18 months in June, pushed down by a steep drop in oil imports and a rise in exports.
The trade gap narrowed to $42.9 billion in June, down from $48 billion in May, the Commerce Department said Thursday.
57.
US Economic Outlook Brightens on Jobs, Trade Data -
Friday, August 10, 2012
WASHINGTON (AP) – The outlook for the U.S. economy brightened a little Thursday after new data pointed to improvement in hiring and greater exports.
The number of Americans applying for unemployment benefits last week fell by 6,000 to a seasonally adjusted 361,000, the Labor Department said. Economists noted that the level suggests the modest job creation in July could carry over into August.
58.
US Hiring Picks Up in July With 163,000 Jobs Added -
Monday, August 06, 2012
WASHINGTON (AP) – Employers added 163,000 jobs in July after three months of sluggish hiring, a pleasant surprise that could signal the U.S. economy may be resilient enough to shake off a midyear slump.
59.
Evolve Bank ‘Hitting on All Cylinders’ -
Monday, August 06, 2012
Scott Stafford, president and CEO of Evolve Bank and Trust, said his bank is forecasting a strong second half of the year, and it’s not hard to see where that optimism comes from.
60.
Fed Could be Moving to More Bond Buying -
Wednesday, August 01, 2012
WASHINGTON (AP) – The Federal Reserve appears to be moving toward announcing some new step to try to energize the troubled U.S. economy. The question is whether it will do so after its policy meeting this week.
61.
US Consumers More Confident in the Economy in July -
Wednesday, August 01, 2012
NEW YORK (AP) – Americans breathed a bit easier about the economy in July, as a better outlook on short-term hiring and lower gas prices offset lingering worries about poor income growth.
62.
Raymond James Execs Pleased With Acquisition -
Monday, July 30, 2012
Executives with Raymond James Financial Inc. remain pleased with what their company got out of its $1.2 billion acquisition of Memphis-based investment firm Morgan Keegan & Co. Inc.
63.
AT&T Smartphone Sales Fall in Q2, Boosting Net -
Wednesday, July 25, 2012
NEW YORK (AP) – AT&T Inc. on Tuesday posted the best profitability ever in its wireless arm, paradoxically because it sold fewer smartphones.
64.
First Horizon Reports Q2 Loss -
Monday, July 23, 2012
The Memphis-based parent company of First Tennessee Bank swung as expected to a second-quarter loss Friday, July 20, over mortgage buyback demand from Fannie Mae and Freddie Mac.
65.
Fed Survey: Growth, Hiring Slowed in Parts of US -
Thursday, July 19, 2012
WASHINGTON (AP) — The U.S. economy expanded modestly in June and early July, but growth and hiring slowed in several parts of the country. The key findings of the Federal Reserve survey echoed the gloomier outlook that Chairman Ben Bernanke offered to Congress this week.
66.
Capital One to Pay $210M Over Marketing Tactics -
Thursday, July 19, 2012
WASHINGTON (AP) — The Obama administration's consumer watchdog agency flexed its enforcement muscles for the first time Wednesday and ordered Capital One Bank to repay millions of credit card customers allegedly tricked into buying costly add-on services.
67.
US Economy Appears Weaker as Retail Sales Slump -
Tuesday, July 17, 2012
WASHINGTON (AP) — The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June.
The report led some economists to downgrade their estimates for economic growth in the April-June quarter. Many now think the economy grew even less than in the first quarter of the year, when it expanded at a sluggish 1.9 percent annual rate.
68.
Where Do Retirement Dollars Go Further? -
Thursday, July 12, 2012
Ray’s Take There are many things to consider when selecting a place to spend your retirement years, or as I prefer to call them, your financial independence years. Not the least is selecting a place where your financial resources have the best odds of achieving your goals. State policies on property, income, sales, and estate taxes have a large bearing on this. However, the right combination for each retiree is different.
69.
MRI Interventions Completes $6 Million Financing -
Monday, July 09, 2012
MRI Interventions, a Memphis-based medical device business, has completed a private placement equity financing in which the company received gross proceeds of $6 million from the sale of approximately 5.45 million units at a purchase price of $1.10 per unit.
70.
As US Economy Steadies, Bank Closings Become Rarer -
Friday, July 06, 2012
WASHINGTON (AP) – Fewer U.S. banks are failing than at any time since the financial crisis erupted in 2008. The healthier banking industry is helping sustain an economy slowed by lackluster hiring, weak manufacturing and Europe's debt crisis.
71.
Tuition Hike Comes As Funding Restrictions Could Ease -
Tuesday, July 03, 2012
Tuition increases for the fall approved last week by the Tennessee Board of Regents come as years of tight funding by the state for colleges, universities and community colleges may be about to ease.
72.
Consumer Spending Flat in May -
Monday, July 02, 2012
WASHINGTON (AP) – U.S. consumers spent no more in May than in April after seeing almost no gain in their pay. The lack of growth in consumer spending and wages suggests that a faltering job market is slowing the economy.
73.
Pera Shows Track Record Of Early Faith -
Wednesday, June 27, 2012
Editor’s Note: This is the second in a three-part series looking at Robert Pera, the potential new owner of the Memphis Grizzlies.
74.
FedEx Cost Reduction Gains Attention -
Friday, June 22, 2012
A few minutes into this week’s earnings conference call with analysts, FedEx Corp. founder and CEO Fred Smith used three words that came to define much of the rest of the nearly hour-long conversation – “cost reduction program.”
75.
Four Pillars Will Strengthen Your Business -
Wednesday, June 13, 2012
For the past couple years, our company, SEACAP Financial, has been invited to make presentations to various groups on the topic of “Managing Your Business Through Tough Times.” The list of things to do or not do has been lengthy. For many business owners, the days and nights have been challenging, depleting, debilitating and most any other derogatory adjective you chose to use. And the decisions and actions often became personal.
76.
CCRFC Approves Chisca Hotel Tax Break -
Wednesday, June 13, 2012
Memphis Center City Revenue Finance Corp. at its Tuesday, June 12, board meeting approved a 20-year PILOT (payment-in-lieu-of-taxes) program for the restoration of the Chisca Hotel led by Main Street Apartment Partners LLC.
77.
Questions Abound in Grizzlies Sale -
Wednesday, June 13, 2012
Robert Pera, a young tech industry multimillionaire, is close to adding a new title to his resume: NBA team owner.
78.
CCRFC Approves Chisca Hotel Tax Break -
Tuesday, June 12, 2012
Memphis Center City Revenue Finance Corp. at its Tuesday, June 12, board meeting approved a 20-year PILOT (payment-in-lieu-of-taxes) program for the restoration of the Chisca Hotel led by Main Street Apartment Partners LLC.
79.
Dodd-Frank Could Have ‘Dire Impact’ On Economy -
Monday, June 11, 2012
As banks nationwide are feeling the pressure of regulatory change like the Dodd-Frank Wall Street Reform and Consumer Protection Act, commercial real estate lending standards by community banks will likely remain stringent for the foreseeable future.
80.
Jobs Data Signals Slower Recovery -
Wednesday, June 06, 2012
The next employment data showing jobless figures for the state of Tennessee will be released next week. The next local data comes the week after that.
They are the next markers in what’s been a long parlor game since the depths of the financial crisis, one that’s been played from Washington to Main Street and everywhere in between.
81.
$7.5 Million Permit App Filed for Fieldstone Apts. -
Tuesday, June 05, 2012
7986 Tournament Drive
Memphis, TN 38125
Permit Cost: $7.5 million
Permit Date: Applied May 2012
Owner: Fieldstone Apartments III Co.
Contractor: Patton & Taylor Construction Co.
82.
US Economy Appears Weaker Ahead of Jobs Report -
Friday, June 01, 2012
WASHINGTON (AP) – The U.S. economy is looking slightly weaker one day before a critical report on May job growth.
Economic growth was a little slower in the first three months of the year than first estimated, largely because governments and consumers spent less and businesses restocked their supplies more slowly.
83.
Look Closely at Entry Point Valuations -
Wednesday, May 30, 2012
Chase Vacuums not Bubbles Markets regained their composure last week as the threat of a Greek tragedy diminished. While there are a couple of mile markers before the Greek election on June 17, markets will remain anxious until the ballots are cast.
84.
Hancock Fabrics at a Crossroads -
Thursday, May 24, 2012
BALDWYN, Miss. (AP) – Hancock Fabrics faces many challenges, according to analysts and the company.
The Baldwyn-based company last month reported it lost nearly $11.3 million in the most recent fiscal year. The fabric and craft retailer additionally had to cope with falling sales and self-admitted merchandise problems.
85.
Fitch Ratings Downgrades Memphis Airport Bonds -
Monday, May 21, 2012
The credit rating agency Fitch Ratings reacted Friday, May 18, to decreasing passenger flights and passenger counts at Memphis International Airport by downgrading airport bonds from an A+ rating to an A and revising its rating outlook from negative to stable.
86.
Fed: Several Members Could Support Further Easing -
Thursday, May 17, 2012
WASHINGTON (AP) – Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate.
Minutes of the central bank's April 24-25 meeting released Wednesday stated that "several members" thought additional Fed support could be needed if the recovery lost momentum or if the risks to the economy became great enough.
87.
US Economy Picks Up After Early Spring Slump -
Thursday, May 17, 2012
WASHINGTON (AP) – Maybe the U.S. economy's strength this winter wasn't just weather-related after all.
Home construction is near a three-year high. And factory output has risen in three of the year's first four months.
88.
Dimon Survives Votes on Pay, Chairmanship -
Wednesday, May 16, 2012
TAMPA, Fla. (AP) – The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.
89.
MAA Acquires Atlanta Apartment Complex -
Tuesday, May 15, 2012
MAA has completed the acquisition of Allure in Buckhead Village – a 230-unit mid-rise multi-family apartment community in Atlanta.
Developed in 2002 by Trammell Crow Residential, Allure in Buckhead Village is located in the Buckhead sub-market of Atlanta – one of the nation’s largest mixed-use development areas. Major employers in the area include AT&T, IBM, Fidelity and Morgan Stanley.
90.
Rhodes Thankful for Hometown -
Tuesday, May 15, 2012
On May 12, Rhodes College graduated 409 seniors, most of whom come from someplace other than Memphis. They successfully completed the rigorous academic demands in our classrooms, yet it is our city that has provided each of them access to a truly unique educational experience. Simply stated, Memphis, and the college’s connections to it, are now as much a part of the Rhodes education as any lab or lecture hall.
91.
Next Up for Dimon: Facing the Shareholders -
Tuesday, May 15, 2012
NEW YORK (AP) – JPMorgan Chase CEO Jamie Dimon came clean to stock analysts and accepted blame in a TV interview for a $2 billion trading mistake. Next he faces the shareholders, who have taken a big hit from the bank's blunder.
92.
Buffett Says Investors Shouldn’t Act on Headlines -
Tuesday, May 08, 2012
OMAHA, Neb. (AP) — Billionaire Warren Buffett said Monday that Europe will have a hard time resolving its fiscal problems because of the structure of the European Union and this weekend’s election results in Greece and France.
93.
Global Connections -
Monday, May 07, 2012
Although the Memphis in May International Festival is widely known for its Beale Street Music Festival and World Championship Barbecue Cooking Contest, the festival’s focus on developing international economic trade and fostering Memphis companies’ global business relationships remains central to its mission.
94.
Duncan-Williams Involved In Largest Bond Deal to Date -
Thursday, May 03, 2012
Memphis-based broker-dealer Duncan-Williams Inc. is one of the book-runners involved in a $1.8 billion bond deal with the state of Illinois – Duncan-Williams’ largest bond deal to date.
95.
Analyst: First Horizon Prime Buying Target -
Monday, April 30, 2012
In one analyst’s opinion, the parent company of First Tennessee Bank is one of the most attractive buying targets for large banks in the U.S. at the moment.
96.
Craft Brewery on Tap for Edge District -
Wednesday, April 25, 2012
A new microbrewery has its sights set on Memphis’ Edge District for a September opening.
High Cotton Brewing Co. – which its partners say will be housed in a Monroe Avenue property, though a contract has yet to be finalized – will join Boscos and Ghost River Brewing in bringing locally crafted beers to the Memphis market.
97.
Craft Brewery on Tap for Edge District -
Tuesday, April 24, 2012
A new microbrewery has its sights set on Memphis’ Edge District for a September opening.
High Cotton Brewing Co. – which its partners say will be housed in a Monroe Avenue property, though a contract has yet to be finalized – will join Boscos and Ghost River Brewing in bringing locally crafted beers to the Memphis market.
98.
FHN Posts Profit, Increases Share Buyback to $200M -
Friday, April 20, 2012
The Memphis-based parent company of First Tennessee Bank reported a 12-cent per share profit for the first quarter before the stock market’s opening bell Thursday, April 19.
99.
Cuts in European Bank Lending to Drag Growth -
Thursday, April 19, 2012
WASHINGTON (AP) — The International Monetary Fund warned Wednesday that European banks are under pressure to preserve capital and could cut back sharply on lending over the next two years, slowing the region’s growth.
100.
Performance Of Memphis Public Cos. Varies Widely -
Monday, April 16, 2012
Memphis is home to several publicly traded companies that have made an indelible mark on industries ranging from transportation to finance and manufacturing.
Here’s a snapshot of how those companies are faring at the moment. (For a detailed look at AutoZone, see related story, "The Fast Lane.")