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Editorial Results (free)

1. Highland Row Developer Approved for $11 Million Permit -

The developer of the mixed-use Highland Row project won approval for for an $11 million building permit from the city-county Office of Construction Code Enforcement.

Highland Row LLC, an affiliate of Indianapolis-based Milhaus Ventures, received the permit to construct a four-story, wood-framed building at 395 S. Highland St. The permit lists Milhaus Construction LLC as the general contractor.

2. Flexing Its Muscles, LA Fitness Eyes Third Store -

LA Fitness is eyeing a property in the heart of East Memphis for its third Memphis-area location.

The California-based fitness center chain is considering opening its third store in the Memphis market at 1285 Ridgeway Road, according to sources.

3. County Home Sales Dip in January -

Fewer homes were sold in Shelby County in January when compared to last year, but pricing remained strong.

There were 1,018 homes sold in Shelby County in January, down 7.5 percent from 1,100 sales in January 2014, according to real estate information company Chandler Reports, www.chandlerreports.com.

4. Google Teams With 3 Wireless Carriers to Combat Apple Pay -

SAN FRANCISCO (AP) – Aiming to undercut Apple's latest hit service, Google is teaming up with three major U.S. wireless carriers to prod more people into using its mobile wallet.

The counterattack announced Monday is just the latest example of how the competition between Google Inc. and Apple Inc. is extending beyond the technology industry's traditional boundaries. Besides payments, Silicon Valley's two richest companies are expanding into fields such as home appliances and cars to increase their power and profits.

5. Developer Charlie Ryan Focusing on Central-Cooper Intersection -

765 Tanglewood St.
Memphis TN 38104
Sale Amount: $27,000

Sale Date: Feb. 9, 2015
Buyer: Charles S. “Charlie” Ryan
Seller: Cowles Development Company LLC
Details: Developer Charles S. “Charlie” Ryan has acquired a key piece of Midtown property.

6. High Flyer -

She does not want to tell this first story, the one that could have meant there would be no more stories. There is fear in sharing the story about how two airplanes nearly collided because she never wants to say anything that might dissuade people from flying.

7. Coca-Cola Awarded Incentives to Stay, Expand in Memphis -

Coca-Cola appears poised to grow its Memphis presence.

The city-county Economic Development Growth Engine awarded Coca-Cola Refreshments USA Inc. a 15-year tax break Wednesday, Feb. 18 to consolidate distribution operations in Memphis and West Memphis, Ark., into one facility in Memphis.

8. Maines Paper & Food Service Continues Work in Arlington -

11420 Gulf Stream Road
Memphis, TN 38002
Permit Amount: $2.5 million

Permit Application Date: February 2015
Owner: W D Arlington LLC
Tenant: Maines Paper & Food Service
Details: More new construction is planned at the Maines Paper & Food Service cold-storage facility in Arlington.

9. Beyond Gaming -

Nearly 60 years ago – even before the Hernando DeSoto Bridge was built across the Mississippi River – Southland Park opened with greyhound dog racing in West Memphis.

Since then it has become Southland Park Gaming and Racing with gambling on horse races simulcast from Oaklawn as well as slot machines and table games.

10. Facebook, LinkedIn Join to Help Women in Tech -

MENLO PARK, Calif. (AP) – Facebook and LinkedIn want to boost dwindling numbers of women studying engineering and computer science with a collaborative initiative announced Friday that they hope will eventually fill thousands of lucrative Silicon Valley jobs long dominated by men.

11. Brean Capital Looks to Expand, Grow in Memphis -

Brean Capital LLC arrived in Memphis a few months ago and sees 2015 as a year of forward momentum for the company, with a planned move to a new office as well as interest in adding to the firm’s local ranks.

12. Word of Mouth Still Crucial for Adding Sales -

Building the customer base of a small business is not the same challenge it was 10 years ago. As digital content grows and it becomes more affordable to access, business owners are competing with more voices to be heard by potential customers.

13. Shelby Farms Conservancy Seeks $7.2 Million in Permits -

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

14. Council Gives Third Look at Beale Street Authority -

For a third consecutive session, Memphis City Council members are scheduled to vote Tuesday, Feb. 3, on establishing a Beale Street Tourism Development Authority.

The resolution establishing the authority to oversee and further develop the entertainment district was delayed two weeks ago as some council members, led by Harold Collins and Wanda Halbert, talked about the council approving actions of the development authority.

15. Barbie Blues Gave Mattel Holiday Disappointment -

Slumping sales of Barbie did little to bring a happy holiday to her maker, Mattel Inc.

Mattel's fourth-quarter earnings release Friday drilled down into the details of a weak performance that led to the resignation of its chairman and CEO.

16. Agency Services Appoints New Partner and COO -

Angie Pettinger has been appointed as partner and chief operating officer at Agency Services Inc.

She’s filled several leadership roles at the company, a full-service life and health brokerage agency, since joining in 1994. She was originally recruited to lead the firm’s third-party administration division and went on to become a member of the senior leadership team.

17. Airport Business Park Sells for $4.7 Million -

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

18. 100 North Main Seeks Historic Designation -

An effort to redevelop a Downtown skyscraper may have received a boost this week. A state board is recommending that the tower at 100 N. Main St. be listed on the National Register of Historic Places, a move that could allow the owner to seek tax credits and grants to redevelop the building.

19. Agency Services Appoints New Partner and COO -

Angie Pettinger has been appointed as partner and chief operating officer at Agency Services Inc.

She’s filled several leadership roles at the company, a full-service life and health brokerage agency, since joining in 1994. She was originally recruited to lead the firm’s third-party administration division and went on to become a member of the senior leadership team.

20. Randy Odom Named CEO of Memphis Athletic Ministries -

Randy Odom has been named president and chief executive officer of Memphis Athletic Ministries. Odom joined MAM in 2006 as a neighborhood center director and became chief operating officer in 2012. In his new role, he oversees all operations and programming for 10 neighborhood youth centers that serve more than 900 underserved youth after school each day.

21. Airport Business Park Sells for $4.7 Million -

A group affiliated with a Dallas-based commercial real estate financing company has acquired Airport Business Park at a significant discount.

CRE ABP Memphis LLC, which is affiliated with Dallas-based Gearing Capital Partners Inc., bought Airport Business Park from Allegiance Realty Corp. for $4.7 million, according to a Jan. 21 warranty deed.

22. First Horizon Ends 2014 on Upswing -

The parent company of First Tennessee Bank wrapped up its 150th anniversary year by delivering $213 million in net income to shareholders, up from $24 million for 2013.

23. Reports: Google Planning to Sell Wireless Phone Service -

SAN FRANCISCO (AP) – Google is planning to sell wireless phone service directly to consumers using the networks of Sprint and T-Mobile, according to reports published Wednesday.

If everything falls into place, Google Inc. could offer discounted wireless data plans that would pressure other major carriers to offer better deals and services or risk losing customers to a powerful rival.

24. Microsoft Shows Off Windows 10 and 'HoloLens' -

REDMOND, Wash. (AP) – Microsoft has taken the wraps off a new version of Windows – and a new wearable 3D gadget it calls the HoloLens.

The HoloLens is worn over the eyes like virtual reality headsets. While it's unclear when it might be available for sale, a Microsoft engineer showed how it could be used to view and edit three-dimensional renderings of people, machines or other objects.

25. Caesars Tunica Casinos Open, Despite Bankruptcy -

Despite the company’s Chapter 11 bankruptcy filing, Caesars Entertainment casino properties in Tunica are open for business, the company says, adding that all operations at Horseshoe Tunica and Tunica Roadhouse continue as normal.

26. Hitting the Accelerator -

Five years after the Great Recession rocked the nation and nearly destroyed auto manufacturing in Tennessee, the Midstate’s industry is booming again.

Nissan’s growth is no small part of that, largely because of the company’s confidence in the state of Tennessee and Gov. Bill Haslam, according to José Muñoz, executive vice president of Nissan Motor Co. and chairman of Nissan North America, which is headquartered in Franklin.

27. Caesars Tunica Casinos Open, Despite Bankruptcy -

Despite the company’s Chapter 11 bankruptcy filing, Caesars Entertainment casino properties in Tunica are open for business, the company says, adding that all operations at Horseshoe Tunica and Tunica Roadhouse continue as normal.

28. Federal Deficit in October-December Up Slightly at $176.7 Billion -

WASHINGTON (AP) – The federal deficit for the first three months of the budget year is up slightly from the same period a year ago, reflecting the absence of a special payment from mortgage company Freddie Mac that helped narrow the gap in 2014.

29. TennCare Ends Contract With Computer Vendor -

NASHVILLE, Tenn. (AP) – TennCare says it is ending its contract with computer vendor Northrop Grumman Corp. and will find another company to develop a computer system to determine Medicaid eligibility.

30. Fred’s Names New Chief Operating Officer -

Discount merchandiser Fred’s Inc. has tapped a new president and chief operating officer, a key hire that adds to a fresh executive team for the retailer.

Effective Jan. 12, Michael Bloom has joined Fred’s as president and COO, bringing to the company more than 30 years of experience in small-box general merchandising, supply chain management and store operations. He’s seen the industry from vantage points that include stints at companies like Family Dollar Stores Inc., where he likewise was president and COO, and at CVS Caremark Corp, where he held a variety of positions.

31. Two Tennessee Towns Losing Nearly 2,000 Jobs -

Two Tennessee towns will lose nearly 2,000 jobs over the next three years as Goodman Manufacturing moves the positions to a new plant being built in Texas.

Media report Goodman officials announced on Tuesday that the company plans to consolidate operations at an all-inclusive campus in Houston, which is expected to open in 2016. Daikin Industries Ltd. acquired Goodman, which manufactures heating, cooling and refrigerant products, in 2012.

32. Two Tennessee Towns Losing Nearly 2,000 Jobs -

Two Tennessee towns will lose nearly 2,000 jobs over the next three years as Goodman Manufacturing moves the positions to a new plant being built in Texas.

Media report Goodman officials announced on Tuesday that the company plans to consolidate operations at an all-inclusive campus in Houston, which is expected to open in 2016. Daikin Industries Ltd. acquired Goodman, which manufactures heating, cooling and refrigerant products, in 2012.

33. Tanger Outlets Confirms Southaven Involvement -

Tanger Factory Outlet Centers Inc. has confirmed what The Daily News first reported in December: It will play a key role in the development of a massive outlet mall in Southaven.

34. Final Mothballing Underway at Verso Mill in Maine -

PORTLAND, Maine (AP) – A handful of employees at the shuttered Bucksport paper mill will likely remain as caretakers until a metal recycling company takes over the property, the owners said.

35. Loeb Acquires Newby’s Restaurant Space -

Memphis-based Loeb Properties has acquired one of the most venerable locations on the Highland strip.

Loeb purchased the long-time home of club and restaurant Newby’s at 535 and 539 Highland St. from Paragon Bank. A purchase price was not disclosed Friday, Jan. 2.

36. Command and Control -

On the fourth floor of Module F at a non-descript but sprawling FedEx campus nestled between Winchester Road and Shelby Drive on Airways Boulevard, a massive video wall featuring 36 40-inch LED screens displays real-time information on global weather patterns and the locations of hundreds of FedEx Express jets.

37. Big League Movers is on the Move -

Big League Movers is on the move and yes, they’ll be doing the moving themselves.

The Memphis-based company, which can handle virtually every type of moving need from residential moves to corporate relocations, is moving its office headquarters to a 4,000-square-foot space at the Minglewood Hall complex at 1559 Madison Ave. to accommodate more growth.

38. City, County Catch Late-Year Economic Development Surge -

Through September, things were looking somewhat bleak for Memphis and Shelby County on the economic development front.

At that point in the year the city and county were on pace to tie a record low for the number of payments-in-lieu-of-taxes, or PILOT, agreements granted to companies in a year. While granting fewer tax incentives could be viewed as good news because companies were more fiscally sound or confident about operating in Memphis and Shelby County, the lower level of activity represented a dip in the level of economic investment in the area.

39. Caesars Entertainment to Buy Affiliate -

LAS VEGAS (AP) – Caesars Entertainment Corporation says it will buy an affiliate as it tries to smooth the reorganization of a struggling division and balance its debt load.

40. It's Down to the Wire for Online Shopping -

ATLANTA (AP) – As the holiday shopping season winds down, FedEx, UPS and online retailers are using the last few days to try to avoid the problems that occurred last year when severe winter weather and a surge in late orders from shoppers caused delivery delays.

41. Charter Operator AB Jets Soaring to New Heights -

David Turner began working for a local charter plane operation in 2000, but five years later Turner decided he needed a change of scenery and started flying for Memphis-based AB Jets.

42. Yamaha Jet Boat to Grow Tenn. Plant, Add 150 Jobs -

Yamaha Jet Boat Manufacturing USA is expanding its production facility in East Tennessee, creating 150 new jobs.

The company announced it will spend about $18 million to buy a 36,000-square-foot building next to its current plant in Vonore that will be used for offices and production.

43. FedEx Reports 23 Percent Earnings Boost -

FedEx on Wednesday, Dec. 17, reported net income of $616 million for the September-November quarter, a 23 percent increase from $500 million in the same period last year but slightly below Wall Street estimates.

44. Yamaha Jet Boat to Grow Tennessee Plant, Add 150 Jobs -

Yamaha Jet Boat Manufacturing USA is expanding its production facility in East Tennessee, creating 150 new jobs.

The company announced it will spend about $18 million to buy a 36,000-square-foot building next to its current plant in Vonore that will be used for offices and production.

45. Target Bringing 400-Job Project to Memphis -

Memphis is poised to land hundreds of new jobs and retain several hundred more. Target will seek incentives from Memphis and Shelby County as early as next week for an online fulfillment center that will create over 400 new jobs.

46. AutoZone Net Income Up 9.3 Percent -

AutoZone kicked off its new fiscal year with another quarter of growth, posting increases in same-store sales and earnings per share that are typical of earning announcements from the Memphis-based auto parts retailer.

47. Milhaus Acquires Highland Row Property -

44 S. Highland St.; 366, 374 and 380 Ellsworth St.
Memphis, TN 38111
Sale Amount: $4.3 million

48. These Retailers Could Use Some Holiday Cheer -

NEW YORK (AP) – The holiday shopping season is always a make-or-break period for struggling retailers.

But this year, the fight to grab shoppers has intensified, making it difficult for stores to use the season that accounts for about 20 percent of the retail industry's annual sales to bounce back.

49. Amazon's New Robot Army is Ready to Ship -

TRACY, California (AP) – A year ago, Amazon.com workers like 34-year-old Rejinaldo Rosales hiked miles of aisles each shift to "pick" each item a customer ordered and prepare it for shipping.

50. Boyle Sees Opportunity in East Memphis -

Memphis-based Boyle Investment Co. hopes to break ground next year on a new office building at its Ridgeway Center complex near Poplar Avenue and Shady Grove Road, according to company officials.

51. Expedient Data Centers Expands to Memphis -

Expedient Data Centers, a leading provider of cloud computing and other related services, has settled on Memphis as the site of its first data center in Tennessee.

Expedient currently operates 10 data centers in six markets, and its 11th is planned for 3180 Players Lane in Memphis, close to the TPC Southwind Golf Course and FedEx headquarters.

52. Feds: Bullying, Lying Debt Collectors an Epidemic -

NEW YORK (AP) – The country is facing an epidemic of unscrupulous debt collectors willing to pose as law enforcement and threaten arrest to squeeze dollars out of Americans, a top prosecutor said Tuesday as he announced the arrests of seven people who worked for an Atlanta-area company.

53. Microsoft Surpasses Exxon as 2nd Most Valuable Co. -

SAN FRANCISCO (AP) – The bull run in Microsoft's stock this past year has helped the tech giant surpass Exxon Mobil and seize the rank of the second most valuable company, behind Apple Inc.

54. Makowsky Ringel Greenberg Still Going Strong -

In 2008, Memphis-based Makowsky Ringel Greenberg LLC acquired land inside the Schilling Farms community in Collierville for a new high-end apartment development.

55. Blackberry Expanding Its Mobile-Security Arsenal -

SAN FRANCISCO (AP) – BlackBerry is expanding its efforts to sell mobile-security software on its rivals' smartphones and tablets to help counter the waning popularity of its own devices.

56. FedEx Freight CEO Retiring at End of Year -

William J. Logue, the chief executive and president of FedEx Freight, will retire at the end of the year due to health concerns, the company announced Wednesday, Nov. 5.

On Jan. 1, Michael L. Ducker, a 40-year company veteran and current chief operating officer of FedEx Express, will replace Logue as the head of FedEx Freight, Memphis-based FedEx’s less-than-truckload freight transportation arm.

57. Survival of the Fittest -

Back in 2010, as the video rental giant Blockbuster was circling the drain in the wake of its Chapter 11 bankruptcy filing, the irony was inescapable to Matt Martin.

Martin, co-owner of Black Lodge Video in Memphis, told a reporter for the Christian Science Monitor how Blockbuster employees “literally laughed in our faces” when the independent video rental shop first opened its doors.

58. FedEx Freight CEO Retiring for Health Reasons -

William J. Logue, the chief executive and president of FedEx Freight, will retire at the end of the year due to health concerns, the company announced Wednesday, Nov. 5.

On Jan. 1, Michael L. Ducker, a 40-year company veteran and current chief operating officer of FedEx Express, will replace Logue as the head of FedEx Freight, Memphis-based FedEx’s less-than-truckload freight transportation arm.

59. Fred's Taps New CEO -

Memphis-based Fred’s Inc. has shuffled its executive ranks, tapping executive vice president and chief financial officer Jerry Shore as its new CEO following CEO Bruce Efird giving his resignation to the company’s board.

60. Inclinator Remains Elusive at The Pyramid -

In the 23 years since The Pyramid was built and opened as an arena, some of the frustrations of developing the building for more than one use remain.

Its brief life as an arena now gone, The Pyramid is being converted to a Bass Pro Shops superstore with a hotel and other attractions inside, including restaurants and an aquarium at the top of the structure. There are also glass extensions at the top to view the city and the Mississippi River.

61. Wright Medical, Tornier Merge in $3.3 Billion Deal -

Wright Medical Group Inc. of Memphis announced Monday, Oct. 27, a merger of the specialty orthopedic company with Tornier N.V., a global medical device company headquartered in Amsterdam that makes and markets joint replacement and soft tissue repair devices.

62. Wright Medical, Tornier Merge in $3.3 Billion Deal -

Wright Medical Group Inc. of Memphis announced Monday, Oct. 27, a merger of the specialty orthopedic company with Tornier N.V., a global medical device company headquartered in Amsterdam that makes and markets joint replacement and soft tissue repair devices.

63. Wright Medical Merges With Tornier In $3.3 Billion Deal -

Wright Medical Group Inc. of Memphis announced Monday, Oct. 27, a merger of the specialty orthopedic company with Tornier N.V., a global medical device company headquartered in Amsterdam that makes and markets joint replacement and soft tissue repair devices.

64. Ford Profit Falls in Third Quarter on Truck Costs -

DEARBORN, Mich. (AP) — Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it goes on sale later this year. But for now it's a serious drag on profits.

Net income dropped 34 percent to $835 million in the third quarter, largely due to the cost of launching the pickup. The new F-150, which is 700 pounds lighter due to its aluminum construction, is scheduled to go on sale by the end of this year.

65. Out-of-Patience Investors Sell Off Amazon -

NEW YORK (AP) — Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded into the stock as the company revolutionized shopping, upended the book industry and took on the cloud — even though its vast range of initiatives ate up all the company's profits.

66. Memphis Economic Indicator Finds Optimism -

The latest Memphis Economic Indicator, a quarterly survey measuring general business sentiment produced jointly by The Daily News and Dixon Hughes Goodman LLP, found a downward trend in sentiment measured by almost all of the survey’s six standard questions.

67. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

68. Collierville Storage Facility Sells for $3.9 Million -

A California-based owner and operator of self-storage facilities has purchased a Collierville storage facility for $3.9 million.

LifeStorage, through an entity operating as SSTN 651 S. Rowlett Street LLC, acquired the 62,170-square-foot facility at 651 S. Rowlett St. from LottaStorage LLC, according to an Oct. 6 special warranty deed. The Shelby County Assessor of Property’s 2014 appraisal is $2.2 million.

69. Thinner iPads, Sharper iMacs in Apple's Lineup -

CUPERTINO, Calif. (AP) – Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. The company also released an update to its Mac operating system and introduced a high-resolution iMac model that might appeal to heavy watchers of television over the Internet.

70. Collierville Storage Facility Sells for $3.9 Million -

A California-based owner and operator of self-storage facilities has purchased a Collierville storage facility for $3.9 million.

LifeStorage, through an entity operating as SSTN 651 S. Rowlett Street LLC, acquired the 62,170-square-foot facility at 651 S. Rowlett St. from LottaStorage LLC, according to an Oct. 6 special warranty deed. The Shelby County Assessor of Property’s 2014 appraisal is $2.2 million.

71. Unequal Pay: Must Be a Lot of Good Karma Out There -

NEW YORK (AP) – Don't ask for a raise. Keeping quiet will give you "superpowers" that will translate into employer trust and other "good karma" that will eventually come back around to your purse.

72. Commission’s First Partisan Challenge Lingers -

Shelby County Commissioners appeared last week to be on the way to putting behind them their first political controversy of their term of office.

Six of the seven Democratic commissioners along with Republican commissioner Steve Basar voted last month to delay the slate of committee assignments made by new chairman Justin Ford.

73. TGI Fridays Franchisee Buys 3 Local Restaurants -

A New Orleans-based restaurant group has acquired three local TGI Fridays restaurants.

Southeast Restaurant Group bought the restaurants at 8325 U.S. 64, 7733 Winchester Road and 176 Goodman Road in Southaven, part of a broader 20-restaurant deal.

74. Williams-Sonoma Growth Highlights DeSoto Push -

In 1999, Williams-Sonoma Inc. opened its first DeSoto County distribution center on Polk Lane in Olive Branch.

75. Triumph Bank Surpasses $500 Million in Assets -

Triumph Bank didn’t choose its new tagline, “Let’s talk growth,” earlier this year only because it sounded hopeful or was an ideal to strive for.

76. Stonebridge Crossing Sells for $29.8 Million -

9135 Morning Ridge Road
Memphis, TN 38016
Sale Amount: $29.8 million

Sale Date: Sept. 11, 2014
Buyer: IRT Stonebridge Crossing Apartments Owner LLC
Seller: AB Merion Stonebridge LLC
Details: The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

77. Sergeant’s Pet Care Closing Memphis Operations -

Sergeant's Pet Care Products will close its Memphis distribution facility and shift those operations to Omaha, Neb., according to press reports.

Sergeant’s will shift around 60 jobs from Memphis to a 350,000-square-foot warehouse and distribution center under construction now in the Omaha area, according to the Omaha World-Herald.

78. Cummins Eyes Memphis Site for Expansion -

Cummins Inc. is eyeing a Memphis property for a planned expansion of the company’s distribution operations, a move that would be welcome news for Memphis officials.

79. Apple Pulls Software Update for iPhones -

SAN FRANCISCO (AP) – Apple has stopped providing an update to its new iOS 8 mobile operating software, following complaints that the update interferes with users' ability to make phone calls.

80. Sergeant’s Pet Care Closing Memphis Distribution Center -

Sergeant's Pet Care Products will close its Memphis distribution facility and shift those operations to Omaha, Neb., according to press reports.

Sergeant’s will shift around 60 jobs from Memphis to a 350,000-square-foot warehouse and distribution center under construction now in the Omaha area, according to the Omaha World-Herald.

81. Limits on Overseas Mergers Prompt Renewed Debate -

WASHINGTON (AP) – The Obama administration's decision to curb the ability of U.S. corporations to skirt taxes by merging with foreign companies kicked off an immediate election-season debate over when and how to tackle the nation's complex corporate tax code.

82. Terminix Launches International Push -

The former chief operating officer of Memphis-based Terminix is the new president of the company’s international division.

Larry Pruitt was one of two new appointments made Monday, Sept. 22, by Terminix, which is part of Memphis-based The ServiceMaster Co.

83. FedEx Profits Surge Above Wall Street Estimates -

FedEx said fiscal first-quarter profits surged to $606 million, driven by gains in its freight, ground and express operations and a share buyback program.

Memphis-based FedEx reported earnings Wednesday, Sept. 17, of $2.10 per diluted share for the first quarter ended Aug. 31, up 37 percent from last year’s $1.53 per share and above Wall Street estimates. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.96 per share. FedEx shares were up 4.29 percent following the earnings release and conference call with company executives.

84. UPS Expects to Hire Up to 95,000 Seasonal Workers -

ATLANTA (AP) – UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season – an increase from last year, when the company was caught unprepared for a boom in online shopping.

85. IP Names Mark Sutton Chairman and CEO -

Mark Sutton is the new chief executive officer and chairman of International Paper Co., named this week as the board of the Memphis-based company prepares for the retirement of current CEO and chairman John Faraci.

86. International Paper Names Mark Sutton Chairman and CEO -

Mark Sutton is the new chief executive officer and chairman of International Paper Co., named this week as the board of the Memphis-based company prepares for the retirement of current CEO and chairman John Faraci.

87. International Paper Names Mark Sutton Chairman and CEO -

Mark Sutton is the new chief executive officer and chairman of International Paper Co., named this week as the board of the Memphis-based company prepares for the retirement of current CEO and chairman John Faraci.

88. Legal Obligation -

The package arrived at the FedEx facility in Spokane, Wash., in early July, and as it moved along the parcel delivery system a conveyor belt malfunctioned and damaged the shipping box.

A FedEx employee inspecting the damaged package discovered what was believed to be illegal prescription pills in the container and the company contacted law enforcement, including the Spokane Police Department and the local Drug Enforcement Administration office.

89. FedEx Decides Not to Renew a Renaissance Center Lease -

FedEx has decided not to renew a lease at a prominent East Memphis office building.

FedEx Services is not renewing a roughly 11,000-square-foot lease at the 189,644-square-foot Renaissance Center office building at 1715 Aaron Brenner Drive that expires Oct. 1. Employees affected by the decision will be moved to FedEx facilities, part of a broader consolidation and efficiency plan the company has been pursuing.

90. Human Resources Seminar to Examine Office Cultures -

Russ Williams, CEO of Memphis-based marketing communications firm archer-malmo, doesn’t want to take credit for the creative vibe and culture found inside his firm – and, moreover, he doesn’t even think the firm has necessarily cracked any kind of secret code to put its own culture in place.

91. Indmar Marine Engines Files Expansion Permit -

5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million

92. TriMetis Acquires Biologistics Startup -

The pre-clinical research services company TriMetis Life Sciences has expanded by acquiring FoundationBio, a biospecimen procurement startup with offices in Memphis and Boston.

FoundationBio uses access to tissue donors via hospitals and community oncology clinics and their supporting pathology and laboratory services partners around the world to get specimens for research. Terms of the deal were not disclosed.

93. People Power -

Meg Crosby and her fellow principals at the HR-focused consulting firm PeopleCap chose that name for their organization because of the way they think about the modern workplace – particularly, the ever-changing nature of the employees who populate it.

94. Indmar Marine Engines Files Expansion Permit -

An affiliate of Indmar Marine Engines has filed a $2 million building permit with the city-county Office of Construction Code Enforcement to expand its 5400 Old Millington Road facility.

95. Medtronic Spends $350 Million on Another European Deal -

U.S. medical device maker Medtronic is building stronger ties to Europe, a couple months after announcing a $42.9 billion acquisition that involves moving its main executive offices across the Atlantic, where it can get a better tax deal.

96. Alco Files $4 Million Loan on Todd Creek Apartments -

Alco Management Inc. has filed a $4 million loan on the 155-unit Todd Creek Apartments at 1541 Northside Dr. in Frayser.

97. TriMetis Acquires Biologistics Startup -

The pre-clinical research services company TriMetis Life Sciences has expanded by acquiring FoundationBio, a biospecimen procurement startup with offices in Memphis and Boston.

FoundationBio uses access to tissue donors via hospitals and community oncology clinics and their supporting pathology and laboratory services partners around the world to get specimens for research. Terms of the deal were not disclosed.

98. Target Cuts Outlook as Breach Fallout Lingers -

NEW YORK (AP) – Target Corp. slashed its annual profit outlook for the second time in three months as the retailer reels from a massive customer-data breach, a botched Canadian expansion and sluggish U.S. sales.

99. Screwpulp Carves Out Identity in Amazon-Led Industry -

It’s no secret Amazon is the subject of intense public scrutiny at the moment over a flurry of controversial decisions from the online retailing giant against some of the publishers with which it does business.

100. Dollar General Enters Bidding for Family Dollar -

NEW YORK (AP) – Dollar General isn't about to be left out in the cold. The discounter is starting a bidding war for Family Dollar with an approximately $8.95 billion offer as it attempts to trump a Dollar Tree bid.