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Editorial Results (free)

1. Yellen: Fed's Bond Holdings to Drop Only Gradually -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen said Thursday that the Fed's bond holdings will likely remain at high levels for up to eight years after it starts raising short-term interest rates.

2. Scharff Elected to Legal Roles at Buckman, Bulab Holdings -

Jonathan Scharff has been elected vice president, legal and general counsel for Buckman and corporate secretary for Bulab Holdings Inc., Buckman’s parent company. Scharff has more than 22 years’ experience in the legal industry, including positions at Greensfelder, Hemker & Gale PC in St. Louis and Harris Shelton Hanover Walsh PLLC in Memphis. In his new position, he will oversee legal needs in U.S. and global operating companies and work with associates in preventing and managing legal risks.

3. Dalphis Holdings Closing Affects 75 -

A year after filing for bankruptcy reorganization and getting new investors from Atlanta, Dalphis Holdings LLC, closed abruptly last month.

4. Moody's Cuts Some Sears Holdings Ratings -

NEW YORK (AP) – Moody's Investors Service is cutting some of Sears Holdings Corp.'s rating as it anticipates the owner of the Sears and Kmart stores will likely post a significant fiscal 2011 operating loss.

5. Fed to Shift $400B in Holdings to Boost Economy -

WASHINGTON (AP) – The Federal Reserve will use more than $400 billion to try to drive down long-term interest rates, make home and business loans cheaper and invigorate the U.S. economy.

6. Dalphis Holdings Files for Chapter 11 Bankruptcy -

Memphis window covering company Dalphis Holdings LLC has filed a Chapter 11 bankruptcy reorganization petition.

7. Richland Holdings Buys Fountain Brook Lots -

Richland Holdings LLC, which shares a Memphis address with developer Kevin Hyneman Cos., has bought 55 lots in Fountain Brook Planned Development from Cadence Bank for $1.1 million. The transaction closed March 29.

8. Fed Lost $5.3B on Bear Stearns, AIG Holdings in Q1 -

WASHINGTON (AP) - The Federal Reserve lost $5.25 billion in the first quarter on the securities it acquired with last year's bailouts of Bear Stearns and insurer American International Group Inc., according to a report issued Wednesday.

9. Corbat Named CEO of Citi Holdings Unit -

NEW YORK (AP) - Citigroup Inc. on Monday took the "interim" out of Mike Corbat's title as chief executive of Citi Holdings, the business that includes the riskier assets at the big banking company.

10. Reed White Holdings To Build on G’town Lot -

Reed White Holdings LLC has filed a $737,500 construction loan to build a single-story, 3,800-square-foot office building in the Forest Hill-Irene Commercial Subdivision, on the west side of Forest Hill-Irene Road between Poplar Avenue and Poplar Pike. The loan is through Bank of Fayette County.

11. Reed White Holdings Sells G’Town Office -

Reed White Holdings LLC has sold the office building at 3012 Centre Oak Way in Germantown for $942,500 to HKC LLC. The 3,848-square-foot building was completed in 2006. It’s part of the nine-lot, 7.42-acre Forest Hill-Irene commercial subdivision, on the west side of Forest Hill-Irene Road between Poplar Avenue and Poplar Pike.

12. Scripps Plans Split Of Its Media Holdings -      E.W. Scripps Co. said Tuesday that it wants to split itself into two publicly traded media companies, one focusing on its fast-growing cable operations and its online shopping services and the other on its slumping newsp

13. Delek US Holdings to AcquireMinority Interest in Lion Oil -      Delek US Holdings Inc., an energy business devoted to petroleum refining, marketing and supply, announced Monday it has entered into agreements with several shareholders of Lion Oil Co. to acquire a minority equity inter

14.  Entercom CommunicationsExpands Its Memphis Holdings -      Pennsylvania-based Entercom Communications Corp. announced Monday it plans to expand its holdings in Memphis with the purchase of three radio stations from CBS Corp.
     CBS announced in Ma