Editorial Results (free)
1.
Foreign Holdings of Treasury Debt Up -
Saturday, May 18, 2013
Foreign demand for U.S. Treasury securities rose to a record level in March even though China, the largest foreign holder of Treasury debt, reduced its holdings slightly. The overall increase indicated that foreign investors remain confident in holding U.S. debt.
2.
Foreign Holdings of Treasury Debt Up in March -
Thursday, May 16, 2013
Foreign demand for U.S. Treasury securities rose to a record level in March even though China, the largest foreign holder of Treasury debt, reduced its holdings slightly. The overall increase indicated that foreign investors remain confident in holding U.S. debt.
3.
TruGreen Sags ServiceMaster Earnings -
Wednesday, May 15, 2013
The ServiceMaster Co. saw operating revenue and operating income decline during the first three months of 2013.
4.
ServiceMaster Reports "Disappointing" First Quarter -
Tuesday, May 14, 2013
The ServiceMaster Co. saw operating revenue and operating income decline during the first three months of 2013.
5.
Southwest Booking Memphis Flights for November -
Tuesday, May 07, 2013
Southwest Airlines will make the formal announcement Tuesday, May 7, but the long-sought, Dallas-based discount air carrier began booking Memphis flights online Monday evening, signaling the beginning of Southwest service at Memphis International Airport starting Nov. 3.
6.
Whole Foods Files Permit for Expansion -
Tuesday, May 07, 2013
5014 Poplar Ave. Memphis, TN 38117
Permit Cost: $3.1 million
Project Cost: TBA
Permit Date: Applied April 2013
7.
Stonebridge Golf Club Sells for $1.5 Million -
Friday, May 03, 2013
The Stonebridge Golf Club at 3049 Davies Plantation Road between U.S. 64 and Interstate 40 in Lakeland has sold for $1.5 million.
8.
Medical Metrics -
Thursday, May 02, 2013
A provision of the Affordable Care Act that ties patient satisfaction to reimbursement has been a boon for medical device maker Christie Medical Holdings Inc.
9.
Virginia Company Buys Poplar Avenue Retail Property -
Tuesday, April 30, 2013
7665 Poplar Ave. Germantown, TN 38138
Sale Amount: $2.9 million
Sale Date: April 19, 2013
10.
US Options Exchange Reopens After Half-Day Outage -
Friday, April 26, 2013
NEW YORK (AP) – Trading on the biggest exchange for financial options resumed Thursday following an outage caused by software problems.
The Chicago Board Options Exchange reopened at 12:50 p.m. Eastern time after being closed from the start of the trading day. The shutdown forced traders to scramble for alternatives.
11.
Haslams Try to Halt Fallout From FBI Raid on Pilot -
Thursday, April 25, 2013
NASHVILLE (AP) – Tennessee's Haslam family is furiously trying to control the damage following a federal investigation into the family business that could threaten to unravel decades of growing wealth and influence that spans business, sports and politics in the state and beyond.
12.
Report: Richest 7 Percent Got Richer During Recovery -
Wednesday, April 24, 2013
WASHINGTON (AP) – The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of U.S. households, says a report released Tuesday.
13.
Cypress Realty Pays $1.7 Million for Office Condos -
Wednesday, April 24, 2013
Memphis-based realty investment fund Cypress Realty Holdings has paid $1.7 million for a trio of office condominiums at 717 White Station Road.
14.
Four-Way Self Storage Facility Sells for $1.3 Million -
Tuesday, April 23, 2013
6780 Country Park Drive Memphis, TN 38134
Sale Amount: $1.3 million
Sale Date: April 9, 2013
15.
International Paper Talking Xpedx Merger -
Monday, April 22, 2013
Memphis-based International Paper Co. acknowledged Monday that it is in talks with Unisource about a possible merger of Unisource and IP’s xpedx printing distribution business.
16.
Davene Specializes in Helping Companies Reward Employees -
Monday, April 22, 2013
Corporations have a new reason to say “thank you” to dedicated employees – for sticking with them through the Great Recession.
One company – Davene Inc. – hopes to help businesses recognize high-achieving employees in ways they might not have been able to in the last few years.
17.
Landings Apartment Owner Files $8.7 Million Loan -
Friday, April 19, 2013
The owner of the 292-unit Landings apartments at 3550 Brownbark Drive in Hickory Hill has filed an $8.7 million loan on the property.
18.
Browns Owner: Pilot Flying J Under Criminal Probe -
Wednesday, April 17, 2013
NASHVILLE (AP) – Cleveland Browns owner Jimmy Haslam said Tuesday the federal government has launched a criminal investigation into rebates offered by the truck stop chain owned by his family, including his brother, Tennessee Gov. Bill Haslam.
19.
Foreign Holdings of US Debt Rose to $5.66 Trillion -
Tuesday, April 16, 2013
Foreign demand for U.S. Treasury securities rose to a record level in February, indicating that international investors remain confident in U.S. debt despite budget wrangling in Washington.
The Treasury Department said Monday that foreign holdings of U.S. Treasury securities increased 0.3 percent in February from January to a record $5.66 trillion. It was the 14th straight monthly increase.
20.
Harold Ford Sr. Buys Sycamore View Property -
Tuesday, April 16, 2013
1670 Sycamore View Road Memphis, TN 38134
Sale Amount: $1.8 million
Sale Date: April 8, 2013
21.
Gold Plunges to 2-Year Low -
Tuesday, April 16, 2013
NEW YORK (AP) – Gold plummeted to its lowest level in more than two years as traders rushed to sell their holdings following a big price drop on Friday.
The precious metal has plunged almost $200 over the past two days and is trading below $1,400 an ounce for the first time since February 2011.
22.
Mullany Resigns as ServiceMaster CEO -
Saturday, April 13, 2013
Hank Mullany has resigned as CEO of The ServiceMaster Co. effective Friday, April 12.
Mullany’s resignation was announced Friday along with the appointment of John Krenicki Jr. as the Memphis-based company’s interim CEO.
23.
Cordova Ridge Shops Sells for $1.8 Million -
Thursday, April 11, 2013
An affiliate of Norcross, Ga.-based Safeway Group Inc. has paid $1.8 million for Cordova Ridge Shops, a retail shopping center at 1204 Houston Levee Road in unincorporated Cordova.
24.
Canterbury Woods Owner Files Loan on Property -
Tuesday, April 09, 2013
The owner of the 400-unit Canterbury Woods apartments at 6520 Macon Road has filed a $9.8 million loan on the property.
25.
Southwest, AirTran Network Integration Complete -
Saturday, April 06, 2013
Nearly two years after Southwest Airlines Co.’s acquisition of AirTran Holdings Inc., the Dallas-based airline has fully integrated the two networks for flights beginning April 14.
26.
Southwest, AirTran Network Integration Complete -
Tuesday, April 02, 2013
Nearly two years after Southwest Airlines Co.’s acquisition of AirTran Holdings Inc., the Dallas-based airline has fully integrated the two networks for flights beginning April 14.
27.
Foreign Holdings of US Debt Rise to $5.62 Trillion -
Monday, March 18, 2013
WASHINGTON (AP) – Foreign demand for U.S. Treasury securities rose to a record level in January, providing evidence that international investors remain confident in U.S. debt despite on-going budget battles in Washington.
28.
Wills Stewarding Growth of East Memphis Land -
Monday, March 18, 2013
For Walter Wills III, taking care of his neighborhood and the surrounding area is one of his life tasks.
Wills & Wills LP has owned much of the land in the Kirby-Quince corridor for more than 40 years. The area is seeing an influx of medical office and retail users in the past few years, and more are expected with a new Regional Medical Center at Memphis outpatient center in the area.
29.
Rediscovering the Past -
Friday, March 15, 2013
High-rise office buildings surround it on two sides and even the multistoried rectory at St. Peter Catholic Church offers a downward view of the Magevney House on Adams Avenue, east of Third Street.
30.
Transportation Center Welcomes Rental Car Operations -
Friday, March 08, 2013
The first two floors of the new $90 million ground transportation center at Memphis International Airport officially opened for rental car business on Wednesday, March 6, marking the latest in a series of airport upgrades and renovations aimed at improving the traveling experience for millions each year.
31.
U of M Files Permit for New Residence -
Tuesday, February 26, 2013
3615 Central Ave. Memphis, TN 38111
Permit Cost: $43.5 million
Project Cost: $53 million
32.
Fed Minutes Show Concerns About Bond Purchases -
Thursday, February 21, 2013
Several Federal Reserve policymakers were concerned last month about the risks of the Fed’s efforts to boost the U.S. economy by keeping borrowing costs low for the foreseeable future.
Minutes of the Fed’s Jan. 29-30 policy meeting showed that some officials worried about the Fed’s monthly purchases of $85 billion a month in Treasurys and mortgage bonds. They expressed concern that the continued purchases could eventually escalate inflation, unsettle financial markets or cause the Fed to absorb losses once it begins selling its investment holdings.
33.
Jamesbridge Apartments Sells for $7.2 Million in Foreclosure -
Thursday, February 21, 2013
The 432-unit Jamesbridge apartments at 3689 James Road in Raleigh sold to a special servicer for $7.2 million after a foreclosure.
34.
Report: AMR, US Airways Boards to Meet This Week -
Tuesday, February 12, 2013
DALLAS (AP) – Directors of American Airlines and US Airways reportedly plan to meet Wednesday to consider a merger.
The Wall Street Journal reported Monday that negotiators were still considering the makeup of the combined company's board and an exact role for the CEO of American parent AMR Corp.
35.
Medtronic Buys Stake in Chinese Medical Technology Company -
Thursday, January 31, 2013
MINNEAPOLIS (AP) – Medtronic Inc. has acquired a stake in a Chinese maker of surgical instruments for $46.5 million, the latest bid by the world's largest medical device maker to expand in a fast-growing market.
36.
Victory Packaging Relocates to Memphis -
Friday, January 18, 2013
Victory Packaging soon will relocate its entire Southaven branch operation to the Southeast Memphis industrial submarket.
The Houston, Texas-based industrial packaging supplier and distributor inked 158,333 square feet in Shelby Air Park Building 1, 4500 Malone Road. The 475,000-square-foot building also houses Terminal Warehouse Inc.
37.
Realty Income Corp. Buys Herbalife Facility -
Tuesday, January 15, 2013
5025 Crumpler Road Memphis, TN 38141
Sale Amount: $16.6 million
38.
Federal Reserve Pays Government $88.9 Billion -
Saturday, January 12, 2013
The Federal Reserve paid the federal government a record $88.9 billion in 2012. The central bank earned the money from the Treasury bonds and mortgage-backed securities it has purchased to drive interest rates lower and boost the economy.
39.
Federal Reserve Pays Government $88.9 Billion -
Friday, January 11, 2013
The Federal Reserve paid the federal government a record $88.9 billion in 2012.
The central bank earned the money from the Treasury bonds and mortgage-backed securities it has purchased to drive interest rates lower and boost the economy.
40.
Owner Files $9.1 Million Loan on Hickory Hill Warehouse -
Thursday, January 10, 2013
An affiliate of Denver-based Industrial Income Trust has filed a $9.1 million loan on the 437,740-square-foot warehouse at 6380 Holmes Road in Hickory Hill.
41.
CBRE Memphis Sells $8.7 Million in Apartment Properties -
Saturday, December 29, 2012
Tommy Bronson III and Blake Pera with CB Richard Ellis Memphis’ Multifamily Division have sold six apartment communities totaling 693 units and $8.7 million in the past two weeks.
42.
CashSaver Trades Hands for $3.2 Million -
Friday, December 28, 2012
The CashSaver in Midtown has traded hands.
Kansas City, Kan.-based Super Market Developers Inc. bought the 69,017-square-foot building at 1620 Madison Ave. at Avalon Street from 1620 Madison LLC for $3.2 million. Fred Monks III, president/chief manager of 1620 Madison LLC, signed the special warranty deed.
43.
CBRE Memphis Sells $8.7 Million in Apartment Properties -
Monday, December 24, 2012
Tommy Bronson III and Blake Pera with CB Richard Ellis Memphis’ Multifamily Division have sold six apartment communities totaling 693 units and $8.7 million in the past two weeks.
44.
Roberts Benchmark Hotel on Union Sells for $3.2 Million -
Monday, December 24, 2012
164 Union Ave.
Memphis, TN 38103
Sale Amount: $3.2 million
Sale Date: Dec. 5, 2012
45.
Foreign Holdings of US Debt Hit Record $5.48 Trillion -
Tuesday, December 18, 2012
WASHINGTON (AP) – Foreign ownership of U.S. Treasury securities rose to a record level in October, a sign that overseas investors remain confident in U.S. debt despite a potential budget crisis.
46.
MED Closes on Purchase of Pauline Properties -
Tuesday, December 18, 2012
The Regional Medical Center at Memphis has closed on its $2.2 million purchase of two buildings at 135 N. Pauline St. as part of its expansion.
47.
Levenger Leases Up EastPark IV -
Friday, December 14, 2012
A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.
Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.
48.
Hickory Hill Warehouse Sells for $15.7 Million -
Tuesday, December 11, 2012
6380 Holmes Road Memphis, TN 38141
Sale Amount: $15.7 million
Sale Date: Dec. 5, 2012
49.
Hickory Hill Warehouse Sells for $15.7 Million -
Monday, December 10, 2012
An affiliate of Denver-based Industrial Income Trust has paid $15.7 million for the 437,740-square-foot warehouse at 6380 Holmes Road in Hickory Hill.
50.
I-Bank Grows in Namesake East Memphis Office Tower -
Friday, November 30, 2012
Independent Bank has expanded its headquarters at I-Bank Tower to primarily accommodate its Mortgage Lending Division.
51.
ConAgra Gobbles Up Store Brands With Ralcorp Deal -
Wednesday, November 28, 2012
NEW YORK (AP) – ConAgra Foods is set to become the nation's biggest maker of store brand foods, with its $5 billion purchase of Ralcorp expanding its stake in the fast-growing market for cereals, crackers and other packaged foods sold under private labels.
52.
Endocrinologist Detti Joins UT Medical Group -
Wednesday, November 28, 2012
Reproductive endocrinologist Dr. Laura Detti has joined the Germantown office of UT Medical Group Inc., where she specializes in male and female infertility. Detti provides genetic diagnosis and counseling; management of conditions such as polycystic ovarian syndrome, recurrent miscarriages and premature menopause; and pre- and post-cancer care for fertility issues.
53.
$3.5 Million McVay Station Begins -
Tuesday, November 27, 2012
Three Class A speculative office buildings have broken ground in Germantown at McVay Road and Poplar Pike.
The $3.5 million development, named McVay Station Professional Center, is by Jason Speed, local developer and contractor whose claim to fame was Corporate Gardens, a $24 million, 148,000-square-foot retail and office park delivered in 2001 on 14 acres at Forest Hill Irene Road and Poplar Pike.
54.
Bioventus Inks Deal for 40,000 Square Feet -
Thursday, November 22, 2012
A Durham, N.C.-based biologics company is relocating its Memphis presence, signifying a boon to the Northeast office submarket.
Bioventus LLC has inked 38,880 square feet of office and manufacturing space in Goodlett Farms Business Campus, 1900 Charles Bryan Road, in Cordova.
55.
Medtronic Quarterly Earnings Remain Flat -
Thursday, November 22, 2012
Medtronic Inc., the world’s largest medical device maker, on Tuesday, Nov. 20, announced overall net income of $902 million, or $0.88 per share, for its second quarter of fiscal year 2013, which ended Oct. 26.
56.
Medtronic Quarterly Earnings Remain Flat -
Wednesday, November 21, 2012
Medtronic Inc., the world’s largest medical device maker, on Tuesday, Nov. 20, announced overall net income of $902 million, or $0.88 per share, for its second quarter of fiscal year 2013, which ended Oct. 26.
57.
Scharff Elected to Legal Roles at Buckman, Bulab Holdings -
Wednesday, November 21, 2012
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.
58.
Delek Buys Lion Oil Facility for $6.4 Million -
Tuesday, November 20, 2012
1023 Riverside Drive Memphis, TN 38106
Sale Amount: $6.4 million
Sale Date: Nov. 7, 2012
59.
Gen X Inks State’s First Location on Austin Peay -
Friday, November 16, 2012
A trendy Vernon, Calif.-based retailer has inked its first Tennessee location in Austin Peay Plaza.
Gen X Clothing Inc. signed a 35,000-square-foot lease at 3252 Austin Peay Highway. The space was formerly occupied by Big Lots.
60.
Fed Minutes Suggest New Bond-Buying Plan is Likely -
Thursday, November 15, 2012
WASHINGTON (AP) – The Federal Reserve will likely announce a new bond buying program in December to try to spur job growth.
The purchases would be intended to lower long-term borrowing rates to encourage spending and strengthen the economy. The hope is that more hiring would follow.
61.
County Retirement Fund has Strong September -
Thursday, November 15, 2012
The size of Shelby County’s retirement fund portfolio in September represented the biggest monthly total for 2012.
In fact, the county’s nearly $950 million retirement fund – the amount it stood at as of September, the most recent figures show – is now as big as it’s been since July 2011, when the fund’s valuation approached $970 million.
62.
Delek Buys Lion Oil Facility for $6.4 Million -
Thursday, November 15, 2012
Delek Logistics Operating LLC has paid $6.4 million for the oil distribution terminal at 1023 Riverside Drive from Lion Oil Co.
63.
Ubiquiti CEO Talks Grizzlies Deal With Analysts -
Monday, November 12, 2012
Ubiquiti Networks CEO Robert Pera, who’s also the new controlling owner of the Memphis Grizzlies, briefly addressed his purchase of the team and touched on the deal’s financing while talking to analysts during Ubiquiti’s latest quarterly earnings presentation last week.
64.
Ubiquiti CEO Talks Grizzlies Deal With Analysts -
Friday, November 09, 2012
Ubiquiti Networks CEO Robert Pera, who’s also the new controlling owner of the Memphis Grizzlies, briefly addressed the completion of the deal and touched on its financing today.
65.
US Trade Panel Finds Harm From China Solar Panels -
Thursday, November 08, 2012
WASHINGTON (AP) – A federal trade panel found China responsible Wednesday for harming the U.S. solar panel industry, clearing the final hurdle for U.S. attempts to impose steep tariffs on Chinese solar companies.
66.
Limits on Class-Action Lawsuits at Supreme Court -
Tuesday, November 06, 2012
WASHINGTON (AP) – The Supreme Court appeared divided Monday in two cases in which businesses are trying to make it harder for customers or investors to band together to sue them.
The justices heard arguments in appeals from biotech company Amgen Inc. and cable provider Comcast Corp. that seek to shut down class-action lawsuits against the businesses.
67.
Storm's Cost May Hit $50 Billion; Rebuilding to Ease Blow -
Wednesday, October 31, 2012
WASHINGTON (AP) – Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.
68.
Storm Leads Companies to Postpone Earnings Reports -
Tuesday, October 30, 2012
NEW YORK (AP) – A number of major U.S. companies postponed quarterly earnings reports scheduled for Monday and Tuesday, as Hurricane Sandy barreled into the East Coast and caused the first unplanned shutdown of financial markets since 2001.
69.
Midtown Dance Club Sells for $1.1 Million -
Tuesday, October 30, 2012
The former Backstreet Night Club at 2018 Court Ave. in Midtown has sold for $1.1 million to an entity called Turner Holdings LLC.
70.
Buffett Says US Economy Still Inching Ahead -
Thursday, October 25, 2012
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Wednesday that the global economy is definitely slowing because of continued problems in Europe and the decline in Asia.
But he said that the U.S. economy is still improving modestly and business will improve regardless of who wins the presidential election.
71.
Delta Third-Quarter Profit Surges on Fuel Contract Gains -
Wednesday, October 24, 2012
NEW YORK (AP) — Delta Air Lines said Wednesday that its third-quarter profit nearly doubled mostly due to the increasing value of its fuel contracts.
The world's second-largest airline earned $1.05 billion, or $1.23 per share, compared with $549 million, or 65 cents, a year earlier. Excluding one-time items, it earned $768 million or 90 cents — just shy of Wall Street expectations of 91 cents.
72.
US may Soon Become World's Top Oil Producer -
Wednesday, October 24, 2012
NEW YORK (AP) — U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.
Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7 percent this year to an average of 10.9 million barrels per day. This will be the fourth straight year of crude increases and the biggest single-year gain since 1951.
73.
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.
74.
Economic Uncertainty Hurts Business Travel -
Wednesday, October 10, 2012
NEW YORK (AP) – U.S. companies are continuing to cut back on employee travel plans amid uncertainty surrounding the health of the economy.
Americans are expected to take 438.1 million business trips this year, down 2 percent from last year, the Global Business Travel Association said Tuesday. Overall business travel spending is expected to be up 2.6 percent, but that's only because trips are more expensive.
75.
MED Files $1.3 Million Permit for Improvements -
Tuesday, October 09, 2012
877 Jefferson Ave. Memphis, TN 38104
Permit Cost: $1.3 million
Project Cost: TBA
76.
Appeals Court Overturns $82 Million Medicare Fraud Judgment -
Monday, October 08, 2012
A federal appeals court on Friday overturned an $82.6 million judgment against three companies, saying businesses did not know they were violating Medicare's rules concerning the submission of bills for payment.
77.
Holiday Sales Seen Rising 4.1 Percent in 2012 -
Wednesday, October 03, 2012
NEW YORK (AP) – Americans are expected to spend more during what's traditionally the busiest shopping season of the year, but they're not exactly ready to shop 'til they drop like they have been in the past two years.
78.
Broadway Pizza Buys Building for East Memphis Expansion -
Tuesday, October 02, 2012
627 S. Mendenhall Road Memphis, TN 38117
Sale Amount: $365,000
Sale Date: Sept. 13, 2012
79.
Medtronic to Buy Chinese Company for $816 Million -
Monday, October 01, 2012
MINNEAPOLIS (AP) – Medtronic Inc. will buy China Kanghui Holdings for $816 million, helping it expand in one of the world’s fastest growing medical device markets.
80.
Lease Takes Appling Farms to Capacity -
Friday, September 28, 2012
A distributorship of Pella Corp. has inked 11,300 square feet in Appling Farms Corporate Park, 6972 Appling Farms Parkway.
81.
Red Deluxe Subleases Sullivan Space -
Friday, September 28, 2012
Two well-known Memphis advertising agencies have inked a unique Downtown office deal.
Red Deluxe Brand Development has subleased 10,400 square feet of office space from Sullivan Branding in the old Smooth Moves building at 85 Union Ave.
82.
Red Deluxe Subleases Sullivan Space -
Thursday, September 27, 2012
Two well-known Memphis advertising agencies have inked a unique Downtown office deal.
Red Deluxe Brand Development has subleased 10,400 square feet of office space from Sullivan Branding in the old Smooth Moves building at 85 Union Ave.
83.
Crews Holdings Files Loan on 34 Lots in Wolf River Ranch -
Thursday, September 27, 2012
Crews Holdings has filed a $1.5 million loan through Triumph Bank on 34 lots in Wolf River Ranch Planned Development in Collierville.
84.
Airlines Set Bag Fee Record in First Half of Year -
Wednesday, September 26, 2012
NEW YORK (AP) – U.S. airlines collected more than $1.7 billion in baggage fees during the first half of the year, the largest amount ever collected in that six-month period.
Delta Air Lines Inc. once again claimed the title as the airline collecting the most in baggage fees: nearly $430 million from January through June. The slightly larger United Airlines – part of United Continental Holdings Inc. – followed with $351 million in bag fees, according to a report from the Bureau of Transportation statistics released Tuesday.
85.
Shelby Oaks Red Roof Inn Sells for $1.6 Million -
Tuesday, September 25, 2012
6055 Shelby Oaks Drive
Memphis, TN 38134
Sale Amount: $1.6 million
Sale Date: Sept. 19, 2012
86.
Ike's, Super D Parent Sells Collierville Land for $800K -
Thursday, September 20, 2012
Stephen L. LaFrance Pharmacy Inc. of Little Rock – the former parent of retail pharmacies Ike’s, Super D, USA Drug, Drug Warehouse and Med-X – has sold 1.41 acres on the south side of West Poplar Avenue (Tenn. 57) near its intersection with Maynard Way.
87.
IP Looks to Future Following Temple-Inland Acquisition -
Wednesday, September 19, 2012
When International Paper Co. moved its headquarters to Memphis in 1987 it was an economic development milestone for Shelby County.
88.
Walgreen Finishes $438 Million Deal for Drugstore Chain -
Wednesday, September 19, 2012
DEERFIELD, Ill. (AP) – Walgreen Co. has completed its $438 million purchase of a regional drugstore chain that operates in several states under the USA Drug, Super D Drug and Med-X names.
89.
NCI Files $2.2M Loan On Presidents Island Facility -
Tuesday, September 18, 2012
Houston-based NCI Group Inc. has filed a $2.2 million loan through Credit Suisse AG on the warehouse at 1836 Dock St. on Presidents Island.
90.
Kmart Waives Layaway Fee, Joining Rivals -
Monday, September 10, 2012
NEW YORK (AP) – The layaway wars are heating up ahead of the winter holidays.
Kmart, a division of Sears Holdings Corp., said Friday that it's waiving the fees that shoppers pay to open its interest-free pay-over-time program at its discount stores and online through Nov. 17.
91.
Panda to Build Restaurant On Winchester Outparcel -
Monday, September 03, 2012
7525 Winchester Road
Memphis, TN 38125
Permit Cost: $791,345
Project Cost: N/A
92.
Hertz Buying Dollar Thrifty For About $2.3 Billion -
Tuesday, August 28, 2012
Hertz is one step closer to its long-awaited prize. More than two years after its original bid, it agreed Sunday to buy Dollar Thrifty Automotive Group Inc. for about $2.3 billion, giving it more ways to attract travelers and expand its international presence.
93.
Cordova Ridge Shops Sells for $2 Million -
Tuesday, August 28, 2012
An affiliate of Dallas-based CWCapital Asset Management LLC has paid $2 million for Cordova Ridge Shops, a retail shopping center at 1204 Houston Levee Road in unincorporated Cordova.
94.
Commercial Sales Drop 36 Percent -
Tuesday, August 28, 2012
Local commercial real estate sales in July posted a 36 percent decrease from the same period a year ago.
Shelby County saw 41 sales last month, down from 64 sales in July 2011, according to the latest information from real estate information company Chandler Reports, www.chandlerreports.com.
95.
Treasury Changes Fannie and Freddie Bailout Deal -
Monday, August 20, 2012
WASHINGTON (AP) – The government is changing the terms of its bailout agreement with Fannie Mae and Freddie Mac in a way that will shrink the holdings of the two mortgage giants more quickly and will require payment to the government of all quarterly profits the companies earn.
96.
Major Retailers to Launch Mobile App for Payments -
Thursday, August 16, 2012
NEW YORK (AP) – A bevy of big-name retailers including Wal-Mart Stores Inc., Best-Buy Co. and Target Corp., are teaming up to create a company that will give customers another way to make purchases: with their cellphones.
97.
Sears Spinning Off Some Stores Into Separate Co. -
Tuesday, August 14, 2012
NEW YORK (AP) – Sears is moving forward with plans to spin off its Hometown and Outlet stores as well as some hardware stores into a separate publicly traded company.
Sears had signaled that it would split the companies back in February. There are a total of 1,238 Hometown, Outlet and hardware stores as of April 28, according to Sears, which is trying to turn around its business and spruce up its image. It has already closed five Hometown stores, eight hardware stores and one Outlet store.
98.
Gaylord Entertainment Share Offering Priced at $40 -
Tuesday, August 14, 2012
NASHVILLE (AP) – Hotel and Grand Ole Opry owner Gaylord Entertainment Co. said on Monday that a secondary offering could bring in as much as $259.6 million for the selling shareholder, TRT Holdings Inc.
99.
Dot-Com Moves Distribution To Memphis -
Friday, August 10, 2012
Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.
100.
Freddie Mac Posts $1.2B Net Income for Q2 -
Wednesday, August 08, 2012
WASHINGTON (AP) – Government-controlled mortgage giant Freddie Mac posted net income of $1.2 billion for the second quarter and isn't requesting any additional federal aid for the period.