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Editorial Results (free)

1. Yahoo Chief Mayer Says She's Pregnant With Twins -

SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer is pregnant with identical twins.

Mayer, 40, said on her blog that she and her husband are expecting twin girls in December.

"I have some exciting news to share — I'm pregnant!" wrote on Tumblr late Monday.

2. Hotel Developer Moves On Scimitar Building Conversion -

179 Madison Ave.
Memphis, TN 38103

Permit Cost: $5.2 million

Permit Date: Applied August 2015

3. New York Life Sells Warehouses for $13M -

New York Life Insurance Co. has sold two distribution centers in Southpark Distribution Center for a combined $13 million.

4. Despite Stock Fall, Financial Health of Many Remains Solid -

WASHINGTON (AP) — Many Americans have just absorbed a financial beating — at least as measured by their stock holdings. It's the kind of blow that can feed a sense of helplessness about retirement, college savings and higher-than-expected bills.

5. New York Life Sells Warehouses for $13M -

New York Life Insurance Co. has sold two distribution centers in Southpark Distribution Center for a combined $13 million.

6. Famed Wine Cellar Maker Toasts East Memphis Job -

An international, custom wine cellar company has uncorked its crown jewel in Memphis. Michigan-based Revel Custom Wine Cellars has been working for two years to craft the perfect wine haven for a local tech entrepreneur.

7. Renshaw Rehabs Spiffs Up Houses To Fetch Bigger Price Tags -

With a recent market uptick, Memphis-area Realtors are having to bring in outside help to get properties ready for sale.

Renshaw Property Management has launched a new division, Renshaw Rehabs, for the purpose of aiding distressed properties.

8. Sales of Senior Living Facilities Up in 2015 -

Mirroring national trends that show an increase in interest by investors in senior living facilities, the number of nursing home/elderly housing facilities that have changed hands is on the rise in Shelby County.

9. Target Is Getting its Groove Back: Turnaround Takes Hold -

NEW YORK (AP) — Target is on its way back.

Shoppers are visiting the company's stores more often and spending more on each trip, the Minneapolis-based discount-store chain said Wednesday. The company raised its annual profit outlook and said its second-quarter net income more than tripled.

10. Home Depot Separates Itself From Retail Crowd in 2Q -

NEW YORK (AP) — Homes are getting a lot of TLC from their owners of late, which means better sales for businesses like Home Depot.

The world's largest home improvement retailer reported second-quarter results on Tuesday that surpassed Wall Street expectations, thanks largely to consumers opening their wallets. But Home Depot knows it's a change in mindset that is spurring homeowners to action.

11. Pay Raises, Store Spruce-Ups Crimp Wal-Mart's Profit -

NEW YORK (AP) — Wal-Mart's second-quarter earnings report was a mixed bag: Its investments to overhaul its stores are helping to perk up sales, but they're causing more pain to the bottom line than expected.

12. Equity Firms Should Leverage Innovation -

On the strategy side of our business, we work with many private equity-backed companies. We get called in when the growth trajectory and investment thesis aren’t being realized as projected.

We complete a diagnosis, based on a holistic evaluation of the market, competition, culture, marketing and operations of the firm. Applying a variety of in-depth primary and secondary forms of research and analysis, we develop a roadmap of real, organic growth.

13. Onyx Equities Expands Operations to Memphis -

A New Jersey-based real estate investment, management and development firm has added a Memphis office to accommodate its growing management portfolio of real estate owned (REO) and receivership properties.

14. Indie Memphis Doubles Length, Adds Downtown -

The Indie Memphis Film Festival will extend its presence back Downtown this year – for the first time since 2006 – with a series of events scheduled on top of its Midtown offerings.

This year’s festival, set for Nov. 3-10, will also be bigger – up from four days in previous years. In addition to hosting screenings and events in Overton Square, this year’s festival will offer programs Downtown at the new Halloran Centre for Perfoming Arts & Education next door to the Orpheum Theatre.

15. Demo Day Brings Together Start Co., ZeroTo510 Entrepreneurs -

The entrepreneurial ecosystem was more abundant than ever at Demo Day 2015, where Start Co. and ZeroTo510 worked in conjunction for the first time to present graduates of their business accelerator programs to investors and community leaders.

16. Onyx Equities Expands Operations to Memphis -

A New Jersey-based real estate investment, management and development firm has added a Memphis office to accommodate its growing management portfolio of real estate owned (REO) and receivership properties.

17. Kraft Heinz Slashing 2,500 Jobs in US, Canada After Merger -

NEW YORK (AP) — Kraft Heinz says it is cutting about 2,500 jobs as part of its plan to slash costs after the food companies combined.

Spokesman Michael Mullen says affected workers are in the U.S. and Canada and were to be notified in person. About 700 of the cuts were coming in Northfield, Illinois, where Kraft had been headquartered.

18. Google Forms a New Holding Company, 'Alphabet' -

SAN FRANCISCO (AP) — Google is creating a new company to oversee its highly lucrative Internet business and a growing flock of other ventures, including some — like building self-driving cars and researching ways to prolong human life — that are known more for their ambition than for turning an immediate profit.

19. $9.5 Million Permit Filed For Downtown Hotel -

310 Union Ave.
Memphis, TN 38103

Permit Cost: $9.5 million

Permit Date: Applied August 2015

20. Buffett's Biggest Bet: Berkshire Hathaway Buying Precision Castparts for About $32B -

OMAHA, Neb. (AP) — Warren Buffett is making the biggest bet of his long investment career, a $32.36 billion buyout of Precision Castparts in a deal that will continue to reshape his Berkshire Hathaway conglomerate.

21. Indie Memphis Doubles Length, Adds Downtown Presence -

The Indie Memphis Film Festival will extend its presence back Downtown this year – for the first time since 2006 – with a series of events scheduled on top of its Midtown offerings.

This year’s festival, set for Nov. 3-10, will also be bigger – up from four days in previous years. In addition to hosting screenings and events in Overton Square, this year’s festival will offer programs Downtown at the new Halloran Centre for Perfoming Arts & Education next door to the Orpheum Theatre.

22. Why Hesitate? Innovate. -

Often there is so much anxiety about innovation. Is it just a fad, or is it a viable, potent form of value generation?

Is it something that needs to be outsourced, set up as a skunk works, or can I add it to the existing responsibilities of our employees?

23. The Shops of Collierville Sells for $7.4 Million -

Mount Pleasant, S.C.-based Ziff Properties Inc. has acquired The Shops of Collierville for $7.4 million, according to a special warranty deed filed Aug. 3.

24. 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.

25. The Shops of Collierville Sells for $7.4 Million -

Mount Pleasant, S.C.-based Ziff Properties Inc. has acquired The Shops of Collierville for $7.4 million, according to a special warranty deed filed Aug. 3.

26. Be Prepared for That Inevitable Computer Crash -

Editor’s note: This is the second part of a series on being nimble and proactive with technology in the small-business world.

Recently our team received a flood of support requests for failed hard drives. Users were frantic to salvage documents or key projects from their devices. Fortunately we were able to recover quite a few. But each instance serves as a reminder that success is 90 percent preparation and 10 percent perspiration.

27. HGTV Helps Boost Scripps Networks Second-Quarter Profit -

KNOXVILLE, Tenn. (AP) – Strong ratings at HGTV and a rise in revenue from the home improvement network, provided a second-quarter boost for parent company Scripps Networks Interactive.

28. 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.

29. Is the Market Flourishing Or Flailing Right Now? -

4 Percent: On Feb. 4 of this year, the S&P 500 closed at 2,041. In the nearly six months since that date, the S&P 500 has basically been boxed into a trading range. That range has had a floor of 2,040 and a ceiling of 2,130 (an all-time high that was reached on May 21).

30. Earnings Season Roundup -

International Paper Reports Q2 Earnings Growth: International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

The Memphis-based company, which released its quarterly financial results Wednesday, July 29, said second-quarter earnings totaled $227 million, or 54 cents per share. That’s up from $161 million, or 37 cents per share, in second quarter 2014, but down from $313 million, or 74 cents per share, in first quarter 2015.

31. 'En Fuego' -

When Southaven Mayor Darren Musselwhite took office in June 2013, one of the first tasks that landed on his desk was a long-planned regional outlet mall.

The outlet mall, planned for a roughly 33-acre site at Church Road and Interstate 55 in the DeSoto County city, had been on the drawing board for some time, but the recession and its aftermath caused developers and Mississippi officials to put it on hold.

32. EdR Reports Rising Second-Quarter Earnings -

EdR reported rising second-quarter earnings Thursday, July 30.

The Memphis-based college housing real estate investment company reported net income of $2.9 million, or 6 cents per share. That compares to an $8.8 million, or 23-cent per share, loss over the same three-month period last year.

33. MAA Reports Surging Profits -

Mid-America Apartment Communities Inc. reported a banner second quarter highlighted by surging profits.

34. LYFE Kitchen, 5 Spot Seek Approval for New Signage -

Two Downtown businesses, including the Chisca Hotel, are seeking approval from regulators for new external signs.

Carlisle Corp. is asking the Downtown Memphis Commission’s Design Review Board to approve a new sign for a LYFE Kitchen restaurant at the Chisca, 272 S. Main St., which the Memphis-based company is redeveloping into apartments and some commercial space.

35. New Daisy Renovation Signals New Era for Historic Building -

With a national partner found in Live Nation Entertainment, the New Daisy Theater is getting all dolled up to host nearly 200 musical acts annually.

The job doesn't just call for a new coat of paint to cover the decades of graffiti: the historic theater at 330 Beale is getting a complete overhaul.

36. Build Out -

Boyle Investment Co. is building a 52,000-square-foot office building at its Schilling Farms community in Collierville in which Helena Chemical Co.’s Southern Business Unit will lease half of the space.

37. Memphis Sole -

The football field measurements are perhaps inevitable in describing just how big Nike’s Northridge distribution center in Frayser is after its $301 million expansion.

The 2.8 million-square-foot facility – the equivalent of 49 football fields – is Nike Inc.’s largest distribution center in the world.

38. GM Tops 2Q Profit Forecasts on Trucks, SUVs -

DETROIT (AP) — Big profits from trucks and SUVs helped General Motors overcome a sales slowdown in China, economic problems in Venezuela and payments to ignition switch crash victims as the automaker's second-quarter net income rose sixfold to nearly $1.12 billion.

39. Cheaper Fuel Helps Southwest, United Post Record 2Q Profits -

DALLAS (AP) — Cheaper fuel and full planes are adding up to record airline profits, and the carriers are sharing the bounty with stockholders.

They're finally even giving passengers a break on fares.

40. Amazon Shares Jump on Surprise 2Q Profit -

SEATTLE (AP) — Amazon.com reported a surprise second-quarter profit Thursday on continued strength of its cloud-computing business and strong revenue both domestically and abroad.

41. Dunavant Bulks Up in Memphis, Texas -

Richard McDuffie was busy working in his East Memphis office when a company representative delivered the news.

42. Why Airlines Keep Pushing Biofuels: They Have No Choice -

NEW YORK (AP) — The number of global fliers is expected to more than double in the next two decades. In order to carry all those extra passengers, airlines are turning to a technology very few can make work on a large scale: converting trash into fuel.

43. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

44. Google Shareholders Revel in Record 1-Day Windfall of $65.1 Billion -

SAN FRANCISCO (AP) – Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.

45. REIT Buys Sears Properties in Sale-Leaseback -

In part of a major transaction to increase cash flow and make their retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

46. As Amazon Turns 20, A Look at Its Biggest Bets -

NEW YORK (AP) – Amazon has come a long way from selling books out of a Seattle garage.

The company had an inauspicious start in July 1995 at the dawn of the Web as an online bookseller. It narrowly escaped the dot-com bust of 2000 to reinvent online retailing. And eventually, it morphed into the global e-commerce powerhouse it is today with $89 billion in annual revenue.

47. LRK Launches Expansion in Downtown Memphis -

Looney Ricks Kiss is embarking on an expansion of its Downtown Memphis headquarters.

The Memphis-based architecture, planning and design firm is expanding its office footprint by about 60 percent as part of a long-term lease extension at the Toyota Center building adjacent to AutoZone Park, 175 Toyota Plaza.

48. REIT Buys Sears Properties in Sale-Leaseback Transaction -

In part of a major transaction to increase cash flow and make its retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

49. Madeline Patterson Joins Burson Campaigns -

Madeline Patterson has joined the Memphis office of Burson Campaigns, the corporate issues management unit of Burson-Marsteller, as a vice president. In her new role, Patterson will work with Burson clients on issues and crisis management, communications strategy, and integrated marketing and communications campaigns.

50. JPMorgan 2Q Profit Up As Bank Trims Expenses -

NEW YORK (AP) — JPMorgan Chase & Co.'s second-quarter profit rose 4 percent as the bank made up for lower revenue by cutting expenses.

51. Boner, Fate and the Summer of Shame -

Phil Bredesen knew what he was trying to do. He just didn’t know if he could accomplish it.

“I had this sense that Nashville was ready for change,” says the former Metro mayor and Tennessee governor, reflecting on his early motivation for taking on the system that had run Nashville for decades.

52. IBM Claims Breakthrough in Making Chips Even Smaller -

NEW YORK (AP) – IBM says it has achieved a breakthrough in making computer chips even smaller, creating a test version of the world's first semiconductor that shrinks down the circuitry by overcoming "one of the grand challenges" of the tech industry.

53. NYSE Resumes Trading After Outage of More Than 3 Hours -

NEW YORK (AP) – Trading has resumed on the New York Stock Exchange after an outage of more than three hours caused by technical problems.

There was no interruption at the dozens of other U.S. stock exchanges Wednesday, including the Nasdaq, so investors were still able to buy and sell stocks easily.

54. Phillip Rogers Joins Wunderlich Wealth Management -

Phillip Rogers recently joined the Wunderlich Wealth Management office in Memphis as a managing director and financial adviser. Rogers’ financial services practice is focused on the needs of high net worth individuals, as well as endowments and foundations. He applies his background in and knowledge of the fixed income capital markets to extend an institutional level of expertise to individual investors.

55. Fino’s Taking a Bite Out of East Memphis -

The Brookhaven Circle area, an emerging restaurant row in the heart of East Memphis, is welcoming a new neighbor.

Jerry Wilson, owner of Fino’s from the Hill at 1853 Madison Ave. in Midtown, has acquired the property at 703 W. Brookhaven Circle in East Memphis for $526,600.

56. Engaging Followers Via LinkedIn -

LinkedIn, the world’s largest social media platform specifically targeting the business community, has grown to roughly 350 million users in 2015 according to Statista. And businesses have taken note with more than 4 million of them flocking to create company pages in order to tap into this critical mass of business professionals.

57. Culture Trumps Concepts -

When many people hear the word “Innovation” they think of a service that created a category: Xerox or FedEx. Or, they think of one that made bold, brilliant moves to earn a leadership position in an emerging space: Google, Facebook, Uber and Airbnb.

58. Uncomfortable Truths in Real Estate Contracts -

Bill Decker of Decker Wealth Management was recently discussing a contract issue he had with one of his vendors, the issue being whether Decker should be allowed to purchase additional product at a certain price.

59. Business in Politics -

One of the first things Shea Flinn noticed when he left the Memphis City Council this year was that benches for audience members in the council chamber are less comfortable than council members’ seats.

60. Nike Formally Opens $301 Million Frayser Expansion -

Executives of Nike Inc. are in Memphis Friday, June 26, to formally open the $301 million expansion of the sports shoe and apparel giant’s Northridge distribution center at 3100 New Frayser Boulevard.

61. UBS Adding New Office in Nashville Area -

NASHVILLE, Tenn. (AP) — State officials say financial services company UBS is investing $11 million in a new office in Williamson County, adding 350 jobs in the next several years.

Officials said the new office in Franklin will accommodate the growth of the UBS Business Solution Center in Nashville, as well as a satellite branch office for Wealth Management Americas financial advisors.

62. Spanish Auto Parts Maker Gestamp Expanding in Chattanooga -

CHATTANOOGA, Tenn. (AP) — Spanish auto parts maker Gestamp is expanding operations in Chattanooga with a $180 million investment the company says will triple its capacity in the city and create 550 new jobs.

63. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -

5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million

Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

64. Modern Throwback Over the Moon Diapers Finds Growth in Online Sales -

New parents often look to their own mothers for support and advice, but Courtney Moser found a business partner in her mother, Janice Bogott. The pair operates Over the Moon Diapers, a web-based distributor for cloth diapers, breastfeeding accoutrements and other baby supplies.

65. Memphis Startup ‘Pickle’ Lands $135,000 in Funding -

A local entrepreneur has secured $135,000 in funding for her startup company, Pickle.

Morgan Steffy, an entrepreneurship fellow at the University of Memphis Crews Center for Entrepreneurship, has secured the funds for the competitive “selfie” and photo sharing application. Users can upload photos to challenge in categories such as “best dog selfie” or “most disheveled morning face” and other users vote for a winner.

66. Building Green in a Red-Hot Market -

Counting cranes has become a Nashville pastime, and the perks of all that development are clear – a robust economy, vibrant real estate market and more jobs.

Naturally, there is concern among some residents that all of the construction and increased population could harm the area’s environment, water and air quality and green space.

67. Kroger First-Quarter Earnings Rise, Top Expectations -

CINCINNATI (AP) – Kroger's fiscal first-quarter profit rose, free of some pension-related charges that weighed it down last year.

A profit that beat expectations and an upgraded sales forecast helped push the supermarket chain's stock higher in premarket trading.

68. Memphis Startup 'Pickle' Lands $135,000 in Funding -

A local entrepreneur has secured $135,000 in funding for her startup company, Pickle.

Morgan Steffy, an entrepreneurship fellow at the University of Memphis Crews Center for Entrepreneurship, has secured the funds for the competitive “selfie” and photo sharing application. Users can upload photos to challenge in categories such as “best dog selfie” or “most disheveled morning face” and other users vote for a winner.

69. Dayco Wins Tax Break For Distribution Operations -

Michigan-based manufacturer Dayco Products Ltd. will consolidate its distribution operations in the Memphis area, but exactly where remains undecided.

“Due to the continued growth in demand for our products and increased product complexity over the past several years, we have committed to this significant capital investment in order to deliver increased value to our customers,” said Ed Rammel, president of the North American and Australian Aftermarket for Dayco, in a company statement.

70. CVS Health Launches Health, Beauty Makeover for Drugstores -

CVS drugstores that quit tobacco sales last year are now getting health and beauty makeovers and a shot of ethnic diversity in some cases to attract customers who want more than a prescription refill.

71. Zacks Expects FedEx to Beat Earnings Estimates  -

Zacks said it is “impressed by FedEx’s efforts to control costs in a bid to boost the bottom line.”

Consequently, Zacks expects FedEx to achieve its fiscal 2015 earnings per share outlook in the band of $8.80 to $8.95. The investment research firm also said it was encouraged by the Memphis-based company’s “focus on share buybacks and regular dividend payments to enhance shareholder value.”

72. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

73. Memphis Economic Indicator Taking Third-Quarter Responses -

Investors in some of Memphis’ largest publicly traded companies are likely to feel somewhat encouraged about the current state of the economy – at least, when looking at their portfolios.

74. Hillwood Pays $17.7M for FedEx SupplyChain Facility -

Hillwood Investment Properties, a Dallas-based commercial real estate investment company based, has purchased the Summit Distribution Center Building II, according to a special warranty deed filed June 4.

75. MAA Outgrowing Its East Memphis Headquarters -

MAA has tapped Cushman & Wakefield/Commercial Advisors to explore its long-term corporate office needs.

The apartment-focused real estate investment trust says internal growth and the 2013 acquisition of Colonial Properties Trust means space at its East Memphis headquarters is getting tight.

76. Do More Jobs Mean More Economic Security? Not for Some -

WASHINGTON (AP) – The U.S. economy is churning out a lot of jobs these days but not a lot of financial security for many of the people who hold them.

Pay growth, though improving, remains tepid. Many workers have few opportunities to advance. Others have taken temporary, part-time or freelance jobs, with little chance of landing full-time permanent work with benefits.

77. AP Analysis: More 'Phony Numbers' in Reports as Stocks Rise -

NEW YORK (AP) – Those record profits that companies are reporting may not be all they're cracked up to be.

As the stock market climbs ever higher, professional investors are warning that companies are presenting misleading versions of their results that ignore a wide variety of normal costs of running a business to make it seem like they're doing better than they really are.

78. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

Hillwood Investment Properties, a Dallas-based commercial real estate investment company based, has purchased the Summit Distribution Center Building II, according to a special warranty deed filed June 4.

79. 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

80. Wal-Mart Keeps It All in the Family, Chair Passed to Penner -

FAYETTEVILLE, Ark. (AP) – Wal-Mart is passing the chairmanship of the world's largest retailer from the eldest son of late founder Sam Walton to a third generation.

The company said that board Chairman Rob Walton will step down and be succeeded by Vice Chairman Greg Penner, who is his son-in-law.

81. Downtown Developer Gene Carlisle Laid to Rest -

Downtown developer Gene Carlisle was laid to rest Monday, June 1, following his death late last week. He was 72.

Carlisle was chairman and founder of Carlisle Corp., a multifaceted real estate development firm and restaurant operator, including numerous franchised Wendy’s locations. In 2014, Carlisle Corp. made an equity investment in LYFE Kitchen, which is planning to open two Memphis locations and move its headquarters here.

82. Buster's Boom: Popular Liquor and Wine Store Expanding -

Buster’s Liquors & Wines is expanding its footprint. The popular wine and liquor store near the University of Memphis is taking over the space occupied by La Hacienda Mexican Restaurant in the University Center retail development at Poplar Avenue and Highland Street.

83. Making the Connection -

Archie Willis III had just earned his master’s degree in business at the University of North Carolina at Chapel Hill when he returned to Memphis in 1981 to help his father, A.W. Willis Jr., redevelop the Adler Hotel Annex.

84. Ashley Furniture Talking With Investment Banker -

ARCADIA, Wis. (AP) – Ashley Furniture Industries has acknowledged that it's in "exploratory" discussions with investment banking firm Goldman Sachs, but downplays the possibility of a sale.

85. The Solana Germantown Bought for $65.5 Million -

An affiliate of a Fortune 500 real estate investment trust has bought a senior living facility in Germantown for nearly $65.5 million.

HCP Germantown LLC, an affiliate of health care-focused real estate investment trust HCP, bought The Solana Germantown facility at 8199 Poplar Ave. in Germantown from FSP-Germantown, an affiliate of Brookdale Senior Living, according to a May 27 warranty deed.

86. Medtronic Beats Street Fourth-Quarter Forecasts -

Medtronic lost $1 million in its fiscal fourth quarter, as costs tied to its $42.9 billion acquisition of Covidien and other expenses weighed on the medical device maker's performance.

The company, which moved its headquarters to Dublin earlier this year after completing the deal, absorbed $368 million in acquisition-related costs and $207 million in restructuring. Medtronic's selling, general and administrative expenses also soared 56 percent to $2.4 billion. Its cost of products sold also more than doubled in the quarter that ended April 24.

87. Dollar General First-Quarter Profit Tops Street, Key Sales Metric Rises -

GOODLETTSVILLE, Tenn. (AP) – Dollar General's fiscal first-quarter profit topped Wall Street's expectations, and a key sales measurement rose thanks to better traffic and shoppers spending more per transaction.

88. Downtown Developer Gene Carlisle Laid to Rest -

Downtown developer Gene Carlisle was laid to rest Monday, June 1, following his death late last week. He was 72.

Carlisle was chairman and founder of Carlisle Corp., a multifaceted real estate development firm and restaurant operator, including numerous franchised Wendy’s locations. In 2014, Carlisle Corp. made an equity investment in LYFE Kitchen, which is planning to open two Memphis locations and move its headquarters here.

89. 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.

90. Prepare for Takeoff -

At Southern Airways Express’ hub in a Memphis International Airport executive terminal, movement is at a peaceful lull.

There are no loudspeaker announcements or TSA check-in points. Patrons sip complimentary coffee. The lobby opens right onto the tarmac where a fleet of 9-passenger Cessna 208 Caravan jets land about 12 times daily.

91. VIA Productions Expands With Acquisition -

Growth is the name of the game these days at Memphis-based VIA Productions, which in the last 30 days has grown by 25 percent with five new hires.

The company also announced in recent days the acquisition of Memphis-based Otter Creek Productions, a company that rents cameras and equipment to production companies throughout the U.S., a service that VIA previously hadn’t offered.

92. TruGreen Selects East Memphis for New Headquarters -

TruGreen is moving more than 300 Memphis-area employees and its corporate headquarters to a 65,000-square-foot space at the Forum II office building in East Memphis, the company announced Friday.

The new headquarters, which will eventually house up to 400 of TruGreen’s corporate associates, will be part of the three-building Forum Office Complex, situated at the intersection of Kirby Parkway and Poplar Avenue.

93. Snapshot: Memphis-Based Public Companies -

Here's a look at what's going on at the dozen public companies headquartered in Memphis:

AutoZone Inc.

AutoZone Inc. is one of the largest auto parts retailers and distributors in the U.S., with a store count of 5,476 as of Feb. 14. Since 1998, the company has repurchased $15.7 billion worth of its own shares. At the end of March, AutoZone continued its share buyback program with the authorization to buy back another $750 million in company stock. The company followed that news with plans to pursue a $650 million debt offering to be used for “general corporate purposes.” – Andy Meek

94. Stock-Buyback Programs Hit Record Pace -

If this was a poker game, it could be said that American companies are doubling down – repurchasing their own stock at a record pace instead of betting on new, outside investments.

TrimTabs Investment Research calculated that companies had announced plans to buy back $133 billion of their own stock in April. That was a new monthly high.

95. Conn’s Acquires Site for Third Memphis-Area Location -

A Texas-based retailer has acquired a fully leased shopping center in Southaven and will build a new store on an outparcel of the existing retail center.

Conn’s Appliances Inc. acquired the Stateline Square Shopping Center at 550 Stateline Road in Southaven for $5 million from Brixmor Commercial Real Estate, which was doing business as NPK Southaven LLC.

96. AutoZone Reports Quarterly Revenue, Earnings Increase -

AutoZone Inc. reported Tuesday morning a 35th consecutive three-month period of double-digit earnings per share growth.

97. Justices Make It Easier to Sue Over 401(k) Retirement Plans -

WASHINGTON (AP) – The Supreme Court ruled unanimously Monday in favor of participants in employee retirement plans who object to companies' investment decisions that eat into retirement savings.

98. Investors Pumping Hundreds of Millions Into Tennessee Startups -

The assignment sounded simple enough: Find out whether more money is coming into Nashville for startups.

If so, where is it coming from and what does it means to entrepreneurs, investors and the rest of us?

99. Verizon Buys AOL for $4.4 Billion in Mobile Video Bet -

NEW YORK (AP) – After selling millions of Americans their mobile phones, Verizon now wants to capture their eyeballs, too.

As its phone business slows down, the nation's largest wireless carrier is making a $4.4 billion bet that it can find growth in mobile video and advertising by buying AOL, one of the Internet's oldest brands, which has been through its own share of transformations since introducing much of America to the online world nearly a generation ago.

100. Total Concept Launching Fully Online Enterprise -

If you’ve learned about an in-store sale while shopping for groceries, this Memphis-based printing company could have been the one to help you save those extra pennies.

For nearly 20 years, Total Concept has worked as a full-service printing company for large manufacturers and retail chains in the Memphis area. This year, it will launch a fully online enterprise, Eco Signs and Banners Memphis, within the parent company.