» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome > Name & Property Search
Search results for 'Investment Group' | Search again
DeSoto Public Records:0
Shelby Public Records:5
Editorial:100
West Tennessee:8
Middle Tennessee:28
East Tennessee:10
Other:0

You must be a subscriber to see the full results of your search.

Please log in or subscribe below if you are not already a subscriber.

The Daily News subscribers get full access to more than 13 million names and addresses along with powerful search and download features. Get the business leads you need with powerful searches of public records and notices. Download listings into your spreadsheet or database.

Learn more about our services | Search again


Editorial Results (free)

1. Is Hot Market for IPOs Cooling? -

NEW YORK (AP) – A hot market for initial public offerings may soon face a cooler reception from investors.

IPOs are having their best start to a year since 2000. Eighty-nine companies have raised $19 billion through sales of new stock so far in 2014. But demand for more offerings depends largely on the health of the broader market, and after last week's sell-off, the clamor from buyers may quiet down.

2. The Business Case for Investing in Green Space -

Editor’s Note: This column will appear Tuesdays through April in honor of Sustainability Month for Memphis and Shelby County.

During 2013 the Greater Memphis Chamber formed the Chairman’s Circle, a group of over 100 Memphis business leaders organized to push for action on key issues to accelerate the regional economy. Early in the life of the organization we created “moon missions,” which are coordinated efforts to truly transform our community.

3. Savers Beware: Fees May be Shrinking Your 401(k) -

WASHINGTON (AP) – It's the silent enemy in our retirement accounts: High fees.

And now a new study finds that the typical 401(k) fees – adding up to a modest-sounding 1 percent a year – would erase $70,000 from an average worker's account over a four-decade career compared with lower-cost options. To compensate for the higher fees, someone would have to work an extra three years before retiring.

4. Loeb Midtown Center Now Fully Leased -

Loeb Properties’ Belvedere Collection on Union Avenue in Midtown is 100 percent leased.

Agilitas USA Inc., operating as Results Physiotherapy, signed a new lease for 2,280 square feet in Suites 105-106 at the retail strip center.

5. Stephens Joins Maintenance Team at Commercial Advisors -

Timothy Stephens has joined Cushman & Wakefield/Commercial Advisors as a maintenance mechanic at One Commerce Square. In his new role, Stephens will performing plumbing, painting and general maintenance services.

6. Falls Building Owner Files $6 Million Loan -

The owner of the Falls Building at 22 N. Front St. has filed a $6 million loan for the Downtown high-rise office tower.

7. Trendcasting and Innovation -

Did you wake up this morning to realize that the world has changed and your business has not changed with it? If you are a regular reader of this column you know we discuss growth strategy and innovation and all of the challenges that accompany those pursuits. We see many companies of all sizes that are dying a slow death in a saturated market with outdated business models. They fail to get out ahead of what’s next.

8. Diversified Trust Makes Promotions in Memphis -

Memphis-based Diversified Trust, a comprehensive wealth management firm with more than $5 billion in assets, has promoted seven professionals in its Memphis office.

Robin Smithwick, managing principal of Diversified’s Memphis office, attributed the move to the company’s next generation of leaders becoming more visible and taking on greater responsibility around the firm, which also is celebrating its 20th anniversary this year.

9. Growing Demand for US Apartments Pushing Up Rents -

These are good times for U.S. landlords. For many tenants, not so much.

With demand for apartments surging, rents are projected to rise for a fifth straight year. Even a pickup in apartment construction is unlikely to provide much relief anytime soon.

10. Veterans' Unemployment Edges Down but Remains High -

WASHINGTON (AP) – The unemployment rate for veterans who served since 2001 dipped slightly in 2013 to 9 percent, the Labor Department reported Thursday. That's down from 9.9 percent the year before, but well above overall civilian unemployment levels of around 7 percent over the same period.

11. Memphis Bioworks Leads New Entrepreneurship Venture -

The Memphis Bioworks Foundation has been tapped to lead a new entrepreneurship venture in Memphis called The EPIcenter, the product of one of several so-called moon mission strategies of the Greater Memphis Chamber’s Chairman’s Circle.

12. Crosstown Funding Comes With Questions -

The Memphis City Council’s approval of $15 million in city funding for the Crosstown redevelopment project last December was supposed to be the last piece of a $180 million funding puzzle for the mammoth undertaking.

13. Lakecrest II Sells for $4.6 Million -

The Lakecrest II office building in East Memphis has changed hands again.

Southland Primacy LLC acquired the 129,104-square-foot office building at 6055 Primacy Parkway from Jefferson-Pilot Investments Inc. Feb. 28 for $4.6 million.

14. Eddleman Joins Family Safety Center -

Vernetta Eddleman has joined the Family Safety Center, Memphis and Shelby County’s center for victims of domestic violence, as director of client services.

In her new role, Eddleman will be responsible for the planning, design, development and management of client services, and will also supervise and train staff and partner agency providers in delivering quality care to victims and their families.

15. US Manufacturing Boosted by Orders and Stockpiles -

WASHINGTON (AP) – U.S. manufacturing expanded more quickly last month as companies received more orders and boosted their stockpiles.

A measure of production fell to its lowest level in nearly five years, likely a casualty of severe winter weather. But the rise in orders raises the possibility that factory output will rebound in coming months, economists said.

16. Economic Club Names Tucker Executive Director -

Just because she took a voluntary buyout from FedEx in December doesn’t mean Laurie Tucker is ready to slow down.

17. Transcripts Show Fed at Times Slow to Grasp Crisis -

WASHINGTON (AP) – The Federal Reserve agonized in 2008 over how far to go to stop a financial crisis that threatened to cause a recession and at times struggled to recognize its speed and magnitude.

18. Sector Capital Management Independent Again -

Three years after its acquisition by Argent Financial Group, Memphis-based Sector Capital Management is an independent company again.

Sector CEO Reed Walters led the negotiations to buy back the wealth management firm in the wake of Louisiana-based Argent going on something of an acquisition spree in recent years. Sector also has relocated from Argent’s office at The Crescent Center to the Atrium I building at 6800 Poplar Ave.

19. Reedy Thriving As Housing Investments Skyrocket -

Jim Reedy began selling real estate in 1976 while he was a student at the University of Memphis, and within three years, he moved into selling investment properties.

20. Shelby County Mortgage Market Dips in January -

Shelby County’s mortgage market entered 2014 in less of a turbo-charged fashion than it did at the same point last year.

New figures show total mortgage volume in the county was down 5 percent in January compared to January 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. Data for this report did not include refinances.

21. Burleigh Consulting Group Changes With Times -

Robert C. Burleigh still enjoys playing tennis four times a week. But the 78-year-old founder of Burleigh Consulting Group admits he is playing more doubles matches these days.

“I’m running a little slower now, so it’s mostly doubles now, not a lot of singles,” said Burleigh with a chuckle.

22. Firm Buys Majority Stake in Sedgwick -

Investment firm KKR is acquiring a majority ownership stake in Memphis-based Sedgwick Claims Management Services Inc., a provider of technology-enabled claims and productivity management solutions.

23. Destination: Memphis -

On a slow Sunday afternoon Downtown with the Broncos and Chargers NFL playoff game on a bar TV screen, a trio of 20-somethings – two men and one woman – watched the game, speculated about whether the Grizzlies were playing a few blocks away and quizzed one another about their plans for the future.

24. Investment Firm Buys Majority Stake in Sedgwick -

Investment firm KKR is acquiring a majority ownership stake in Memphis-based Sedgwick Claims Management Services Inc., a provider of technology-enabled claims and productivity management solutions.

25. Start Co. Forms New Investment Partnership -

Andre Mouton, director of investment at the Singapore-based boutique investment firm Angaros Group, traveled to Memphis last year to participate in the “Investor Day” for Seed Hatchery, the startup accelerator whose programming culminates with participating startups to make funding pitches to investors.

26. Survey Finds CEOs More Confident on Global Economy -

DAVOS, Switzerland (AP) – With the worst of the global financial crisis behind them, CEOs are ready to move on from the fight for survival their businesses have been in for the past few years, a survey found Tuesday.

27. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

28. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

29. KBM Group Growing at Clark Tower -

A digital marketing agency is expanding at Clark Tower in East Memphis.

KBM Group, which is part of Wunderman/WPP, one of the world’s largest marketers, is expanding at Clark Tower less than a year after moving into the East Memphis office building, 5100 Poplar Ave.

30. Business Coaching Provides ROI for Companies -

It’s a new year and, like many people, business leaders are also resolving to make some personal and professional improvements.

A global look at company management trends reveals that an increasing number of executives are going the extra mile to up their A games, particularly in a shaky economy. Memphis is no exception. Locally as well as internationally, the executive coaching industry is thriving.

31. New Plan to Spur Entrepreneurship Growth -

On one of the first pages of a more than 80-page plan to kick start entrepreneurial growth in the Memphis area, a reader is greeted with a stark assessment.

“The Memphis economy is broken,” reads one of the bullet points within the newly released development plan called MEMx, a blueprint developed by Memphis-based Start Co. with help from the national JumpStart Inc. organization as well as with input from more than 200 Memphis partners and community leaders.

32. Obama Picks Ex-Bank of Israel Head as No. 2 at Fed -

WASHINGTON (AP) – President Barack Obama took a step Friday toward reshaping the Federal Reserve under incoming chairman Janet Yellen, choosing a leading expert on the global economy to be her vice chairman.

33. Midtown Medical Office Building Sells for $2.6 Million -

A partnership of two Utah-based companies has acquired a medical office building on Union Avenue near Overton Square.

Trivalis LLC and Novalis LLC, both based in Utah, acquired the medical office building built in 1967 at 2076 Union Ave., next door to the IHOP restaurant, for $2.6 million. The property, at the corner of Union Avenue and Florence Street, was appraised at $1.3 million in 2013, according to the Shelby County Assessor of Property’s office. The sellers, Missouri-based Roundabout Real Estate LLC and Visual Projects LLC, acquired the property in 2008 for $2 million.

34. Madoff-Related Fraud to Cost JPMorgan $2.5 Billion -

NEW YORK (AP) – For more than 15 years, there were signs something was amiss with what federal prosecutors in Manhattan call the "703 account" at JPMorgan Chase & Co.

35. Grocery Growth -

By the end of this year, Kroger will have spent between $150 million and $200 million on upgrades, fixes and renovations at its Memphis-area stores.

That investment is one example among many in the Memphis area of how the stiff competition among grocers and similar retailers is playing out as they make grabs for bigger slices of the customer pie.

36. Memphian Finds Success With Matchmaking Agency -

Memphian Kim Hill has always loved planning events as a hobby. She also has a knack for introducing single people who subsequently hit it off.

“For the longest time I would be doing these events and mingling around and introducing people, and then suddenly I thought, ‘Wait a minute. I could be getting paid for this.’”

37. Boston Group Buys SouthernSun Asset Management -

Boston-based Affiliated Managers Group Inc. has bought a majority equity interest in Memphis-based investment management firm SouthernSun Asset Management LLC.

38. Wunderlich Closes on $40 Million Investment -

Memphis-based Wunderlich Securities Inc. has closed on its equity capital investment of up to $40 million.

39. Massey Earns Retail Property Designation -

Shawn Massey, partner with The Shopping Center Group LLC, is one of 752 commercial real estate professionals across the world to receive a new credential from the International Council of Shopping Centers.

40. The Year That Was -

2013 brought plenty of unique and out-of-the-ordinary moments, as well as the launch of new events, businesses and civic ventures that collectively made the Memphis experience richer.

Much of it was covered in these pages, including in recent days a U.S. Supreme Court justice eliciting chuckles from and sharing his constitutional philosophy with an audience of Memphis lawyers.

41. Orangetheory Fitness Signs New Lease In Stonecreek -

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

42. Wunderlich Closes on $40 Million Investment -

Memphis-based Wunderlich Securities Inc. has closed on its equity capital investment of up to $40 million.

43. Massey Earns Retail Property Designation -

Shawn Massey, partner with The Shopping Center Group LLC, is one of 752 commercial real estate professionals across the world to receive a new credential from the International Council of Shopping Centers.

44. Boston Group Buys SouthernSun Asset Management -

Boston-based Affiliated Managers Group Inc. has bought a majority equity interest in Memphis-based investment management firm SouthernSun Asset Management LLC.

45. Wunderlich Caps 2013 With Big Investment -

In October, Wunderlich Securities Inc. CEO Gary Wunderlich traveled to Washington to testify in front of a congressional panel about promoting capital formation and job creation on behalf of the Securities Industry and Financial Markets Association.

46. Simon Property Plans Strip Mall Business Spinoff -

Mall operator Simon Property Group Inc. plans to spin off to its shareholders a business that operates strip malls and smaller enclosed malls so it can focus on bigger malls and premium outlets.

47. Simon Property Plans Strip Mall Business Spinoff -

Mall operator Simon Property Group Inc. plans to spin off to its shareholders a business that operates strip malls and smaller enclosed malls so it can focus on bigger malls and premium outlets.

48. US Ban on High-Risk Bank Trades Approved -

WASHINGTON (AP) – U.S. regulators have taken a major step toward reining in high-risk trading on Wall Street, banning the largest banks from trading for their own profit in most cases.

49. Methodist Pays $22.5 Million for Germantown Facility -

7945 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $22.5 million

50. Communication Key to Successful Acquisitions -

The responsible parties have done their parts – the accountants have certified the numbers, the lawyers have drawn up the contracts and the publicists have prepared a glowing press release. The buyer can already envision the return on investment and the seller is making plans for a new beach house. What could possibly go wrong?

51. CVS Caremark to Buy Coram for $2.1 Billion -

NEW YORK (AP) – Drugstore chain operator CVS Caremark Corp. said Wednesday that it has agreed to buy the drug infusion business Coram LLC, a unit of Apria Healthcare Group Inc., for $2.1 billion.

52. School Board Questions Teacher Residency -

One of the coming debates about education reform in Shelby County will be about the role of teacher residency programs in preparing future Shelby County Schools system teachers.

Shelby County Schools board members approved two contracts before the Thanksgiving holiday with Memphis Teacher Residency and Teach For America, the two dominant residency programs working in Shelby County.

53. Shopping Spree -

Retailers have been gearing up for a frenzied Black Friday, marking the beginning of the holiday shopping season, but industry experts expect a lukewarm year compared to moderate growth in 2012.

Both nationally and locally, many stores opened earlier than ever before in an attempt to capture customers before their competitors and maximize a shorter-than-usual shopping season.

54. Choosing Memphis Right Path for Carroll -

Although John Carroll didn’t grow up a part of Memphis, the city has become a part of him.

The Murfreesboro, Tenn., native moved here in 2004, and has become a force for good with his City Leadership consulting group and Choose901 initiative.

55. State Lease Bolsters One Commerce Square -

F. Scott Fitzgerald once said there were no second acts in American lives.

But One Commerce Square, the towering Downtown office building at Union Avenue and Main Street, is preparing for its third act.

56. Nelson Takes New Role at Alliance for Nonprofit Excellence -

Amanda C. Nelson has joined the Alliance for Nonprofit Excellence as director of consulting, a newly created position. Nelson will oversee, coordinate and promote the alliance’s management consulting services, and manage its three-year capacity-building program, the Program for Nonprofit Excellence.

57. Team Players -

The key players, from Memphis Mayor A C Wharton Jr. to St. Louis Cardinals chairman and CEO Bill DeWitt Jr., grabbed the microphone at an invitation-only rally held on the club level of AutoZone Park and made their best pitches.

58. Leases Push Renaissance Center Near Capacity -

The Renaissance Center office building in East Memphis should be near capacity early next year, following a series of recent lease signings.

Financial Federal signed a lease on Tuesday, Nov. 20, to occupy 27,000 square feet on the first and second floors of the Renaissance Center, 1715 Aaron Brenner Drive. In addition to the new location, the growing financial firm will have signage atop the East Memphis office building along Poplar Avenue east of Interstate 240.

59. Community Impact -

Attendees on the opening night of the Indie Memphis Film Festival a few weeks ago saw splashed on movie screens, before their features got underway, the logo of Memphis-based investment firm Duncan-Williams Inc. and its two-word motto of “Do Well.”

60. Fairholme Offers to Buy Fannie, Freddie Businesses -

An investment firm is offering to buy from the government core businesses of mortgage giants Fannie Mae and Freddie Mac in a $52 billion deal.

Fairholme Capital Management made the proposal Wednesday to the Federal Housing Finance Agency, which oversees Fannie and Freddie.

61. Olymbec Acquires 13-Building Bellbrook -

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

62. ServiceMaster to Spin Off Struggling TruGreen -

The ServiceMaster Co. plans to spin off its TruGreen lawn care business at the end of 2013 after several years in which the Memphis-based collection of residential- and commercial-services companies has struggled with the right business model for the TruGreen brand.

63. Olymbec Acquires Bellbrook Industrial Park -

Olymbec USA LLC has snatched up two more key Memphis properties, including the 1.8 million-square-foot Bellbrook industrial park.

64. CBRE to Acquire Norland for $400 Million -

LOS ANGELES (AP) – Real estate investment firm CBRE Group Inc. said Tuesday that it plans to acquire British commercial building engineering firm Norland Managed Services Ltd. in a mostly cash deal worth up to 300 million pounds ($480 million).

65. Law School Draws Honors, High-Profile Speakers -

From a slew of high-profile guests who’ve come to speak over the past year, to a string of recent awards, to a U.S. Supreme Court justice’s visit next month, it could be argued the University of Memphis Cecil C. Humphreys School of Law is having a moment.

66. Commercial Real Estate Market Reawakens -

After suffering through a prolonged slump, the Memphis commercial real estate market this year began to shake off the rust that gathered during the “Great Recession,” and brighter days could be ahead for the prime markets in the apartment, retail, office and industrial sectors, according to local experts.

67. Developer Buys Land for Somerset Subdivision -

26.3 Acres near Neshoba
And Germantown Roads
Sale Amount: $1.5 million

Sale Date: Oct. 28, 2013
Buyer: Somerset-Exeter GP
Seller: Owen Investments LP
Loan Amount: $2.8 million
Loan Date: Oct. 28, 2013
Maturity Date: Oct. 28, 2016
Lender: Kent Wunderlich
Details: An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

68. East Memphis Office Market Continues To Tighten -

Class A office space in East Memphis continues to be a strong performer thanks to the convenience and quality of buildings radiating from the Poplar/Interstate 240 intersection.

“East Memphis is a real bright spot regionally because if you look at the overall Memphis market it is a bit flat,” said Kemp Conrad, president of Cushman & Wakefield/Commercial Advisors Asset Services. “The East submarket, especially with Class A space, is very strong and dynamic, with strong tenants and strong institutional ownership.”

69. East Memphis Office Market Continues to Tighten -

Class A office space in East Memphis continues to be a strong performer thanks to the convenience and quality of buildings radiating from the Poplar/Interstate 240 intersection.

“East Memphis is a real bright spot regionally because if you look at the overall Memphis market it is a bit flat,” said Kemp Conrad, president of Cushman & Wakefield/Commercial Advisors Asset Services. “The East submarket, especially with Class A space, is very strong and dynamic, with strong tenants and strong institutional ownership.”

70. Williams Honored by Tennessee Urban Forestry Council -

Laurie Williams, adult education coordinator at Memphis Botanic Garden, was recently awarded the Tennessee Urban Forestry Council’s President’s Award for her contribution to establishing and maintaining viable community forests in Tennessee. Williams was one of seven individuals the urban forestry council honored this year.

71. Lamar Avenue Storage Facility Sells for $1 Million -

An affiliate of Austin, Texas-based real estate investment firm World Class Capital Group has paid $1 million for the 63,740-square-foot A-AAA Key Mini Storage facility at 3951 Lamar Ave. in Oakhaven.

72. Retiring Moore ‘Transformed’ Chamber -

When John W. Moore took the reins of the Greater Memphis Chamber in 2005, the organization was at the end of its latest economic development campaign and financial resources were strained.

“We were in incredible financial distress when I took over,” Moore said. “We weren’t even going to make the next payroll and it was really scary, but the chamber now is on great financial footing thanks to the hard work of a great team.”

73. Performance Ranges Widely at Local Companies -

Here’s a snapshot of the recent performance of some of Memphis’ publicly traded companies – businesses that cast a shadow far beyond the Memphis city limits in industries including finance, package delivery and bioscience.

74. US Airways Net Income Dips on Higher Taxes -

DALLAS (AP) — Higher taxes reduced US Airways' third-quarter profit, but the airline still beat Wall Street expectations on a combination of more traffic and higher average fares.

US Airways, the nation's fifth-biggest airline, pushed revenue higher by filling a larger percentage of seats. Including US Airways Express regional flights, passengers traveled nearly 5 percent more miles and they paid 4.4 percent more for every mile that they flew.

75. Patents: What Happens in Nature Stays in Nature -

Medical research faces an interesting conundrum. Certain medical breakthroughs offer tremendous potential for detecting and treating various diseases, which can provide monetary returns mostly through related pharmaceuticals, analytical tests and medical procedures.

76. Industry Spotlight -

An audience of a few hundred people, including investors, entrepreneurs, researchers, clinicians and musculoskeletal industry leaders, is gathering in Memphis this week to network, learn about new business opportunities and hear about companies like Restore Medical Solutions, a Memphis-based medical device startup.

77. Flagship Facility -

NexAir, one of the largest distributors of atmospheric gases and welding supplies in the country, recently debuted a new advanced welding and cutting demonstration lab at its renovated Downtown headquarters on Walnut Street.

78. Medical Office Facility Sells for $5.9 Million -

7865 Educators Lane
Memphis, TN 38133
Sale Amount: $5.9 million

Sale Date: Sept. 26, 2013
Buyer: GA HC REIT II Bartlett TN MOB LLC
Seller: APD Investments LLC, Robert S. Biscan, The Colony Group LP and Amir H. Mehrabi
Details: An affiliate of Newport Beach, Calif.-based Griffin-American Healthcare REIT II Inc. has paid $5.9 million for the medical office building at 7865 Educators Lane in Northeast Memphis.

79. Raymond James Boosts Local Community Efforts -

A new website and a significant sponsorship are two of the latest ways Raymond James Inc. is demonstrating its commitment to Memphis.

80. Medical Office Facility Sells for $5.9 Million -

An affiliate of Newport Beach, Calif.-based Griffin-American Healthcare REIT II Inc. has paid $5.9 million for the medical office building at 7865 Educators Lane in Northeast Memphis.

81. Nike Files $4.3 Million Permit for Frayser Facility -

3100 New Frayser Blvd.
Memphis, TN 38128
Permit Cost: $4.3 million

Project Cost: $301 million
Permit Date: Applied September 2013
Completion: TBA
Owner: Nike Inc.
Tenant: Nike Inc.
Architect: N/A
Contractor: Wynright Corp.
Details: Nike Inc. has filed a $4.3 million building permit with the city-county Office of Construction Code Enforcement for work on its North Memphis distribution center at 3100 New Frayser Blvd.

82. Willow Oaks Owner Files $1.9 Million Loan -

The owner of the 346-unit Willow Oaks apartment complex at 2429 Ketchum Road has filed a $1.9 million loan on the property.

83. Saint Blues Adds New Guitar Models -

Thanks to Saint Blues Guitar Workshop, Memphis native and blues guitar player Eric Gales now has a guitar with his name on it.

84. Levien: ‘Real Dialogue’ With Fans Crucial -

Last week in The Daily News, we brought you Part 1 of my interview with Grizzlies CEO Jason Levien. He talked about, among other things, ESPN The Magazine naming the franchise as the best in pro sports as just a starting point. He also said the Grizzlies will continue to keep an open mind about further player moves that could help the team.

85. Baptist Begins Construction on $14.1 Million Pediatric ER -

Baptist Memorial Health Care Corp. began construction this week on a new pediatric emergency department at Baptist Memorial Hospital for Women.

86. Study: Pentagon Could Cuts Thousands of Employees -

WASHINGTON (AP) – The Defense Department could shed 60,000 more troops than planned and 50,000 civilian employees without hurting U.S. fighting power, four former members of the Pentagon's Joint Chiefs of Staff said in a new report on military strategy and spending.

87. Levien Discusses Grizzlies’ Accolades, Offseason Focus -

A day after the news broke that ESPN The Magazine had crowned the Memphis Grizzlies the best franchise in North American pro sports, team CEO Jason Levien sat down for a one-on-one interview with The Daily News.

88. Wealthy Business Executives Eye Political Races -

CHICAGO (AP) – He has never been elected to anything, not even "student council in high school," as he boasts. He has little patience for schmoozing. In dealing with people, he admits to being "pretty blunt" - more suited to running a large private equity firm, which Bruce Rauner did successfully for 30 years, than seeking votes for governor, which he intends to do in Illinois next year.

89. Hilton Worldwide Plans to Raise $1.25 Billion From IPO -

NEW YORK (AP) – Hotel operator Hilton Worldwide Holdings Inc. plans to raise $1.25 billion from an initial public offering of its common stock.

90. Dow Average Adds Goldman Sachs, Nike and Visa -

The Dow Jones industrial average is dropping Bank of America, Hewlett-Packard and Alcoa, its three-lowest priced stocks, as part of a six-company shakeup of the most widely known barometer of the U.S. stock market.

91. Pace of US Manufacturing Hit 2-Year Peak in August -

WASHINGTON (AP) – U.S. factories expanded last month at the fastest pace since June 2011 on a jump in orders. The report signals that manufacturing output could strengthen in coming months.

92. UBS Creating Nashville Hub, Adding 1,000 Jobs -

NASHVILLE (AP) – Financial services firm UBS AG on Wednesday announced it will consolidate back office functions in Nashville, creating 1,000 jobs in the city over the next five years.

93. US Consumer Confidence Rises in August -

WASHINGTON (AP) – Americans' confidence in the economy inched closer to a 5.5-year high on growing optimism that hiring and wages could pick up in coming months.

The Conference Board, a New York-based private research group, said Tuesday that its consumer confidence index rose to 81.5 in August. That's up from a revised reading of 81 in July. And it's just below the 82.1 reading in June, which was the highest since January 2008.

94. Microsoft Says CEO Ballmer to Retire in 12 Months -

NEW YORK (AP) – Microsoft CEO Steve Ballmer, known as much for his zany personality as his business discipline, will leave a legacy of mixed results and a monumental challenge for his yet-to-be-named successor.

95. Events -

Duncan-Williams Inc. Investment Bankers will hold a small-business succession planning luncheon Tuesday, Aug. 27, from 11 a.m. to 1 p.m. at Duncan-Williams, 6750 Poplar Ave., suite 300. Topics include federal estate tax laws, choosing a successor, calculating the fair market value of your business, and more. Cost is free; space is limited. RSVP to roland.cole@duncanwilliams.com or 435-4277.

96. Events -

BlackGirlsCODE will host a mobile-app development workshop for girls ages 13 to 17 Saturday, Aug. 24, from 10 a.m. to 4 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. The event will also feature tech chats with women mobile developers. Cost is $35. Visit blackgirlscode.com.

97. Wal-Mart Pushes ‘Made in America’ at Summit -

ORLANDO, Fla. (AP) – Wal-Mart Stores Inc. is hoping for a groundswell "made-in-America" movement.

98. Hardy Pushes Intermodal Sites for New Jobs -

Carolyn Hardy admits she pushed hard to get the intermodal container yard that opened this week in Hickory Hill completed faster than the two years many contractors told her it would take.

99. EDGE Approves Incentives for Wright Medical -

Arlington-based Wright Medical Group Inc. is one step closer to relocating its headquarters to Memphis.

100. Boyle Sells More Lots at Spring Creek Ranch -

After an initial offering went so well earlier this year, a group of area homebuilders has acquired 17 more lots at The Village at Spring Creek Ranch from Boyle Investment Co.