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Editorial Results (free)

1. Wunderlich Adds to Equity Capital Markets -

The last few weeks have been a time of expansion and growth for Memphis-based investment firm Wunderlich Securities Inc.

2. First Horizon Reports Positive Third Quarter -

The parent company of First Tennessee Bank moved back to profitable territory for the third quarter from a loss during the same period in 2013, reporting net income of $45 million, or 19 cents a share, for the period ending Sept. 30.

3. First Horizon Swings Back to Quarterly Profit -

The parent company of First Tennessee Bank moved back to profitable territory for the third quarter from a loss during the same period in 2013, reporting net income of $45 million, or 19 cents a share, for the period ending Sept. 30.

4. Wunderlich Acquires Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

5. Wunderlich Acquires Wealth Management Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

6. Meritan’s Branch Named Among Top Nurses -

Cindy Branch, Meritan’s associate vice president for health services, has been selected to represent Tennessee as one of the nation’s top 50 home care and hospice nurses by the National Association for Home Care & Hospice and the Home Healthcare Nurses Association. Branch, a registered nurse, has oversight of Meritan’s nursing programs, including home health, private duty nursing and medical residential homes. She will be recognized at NACH’s annual meeting in October.

7. First Horizon Reports Positive Quarter -

For the second quarter of its 150th anniversary year, the Memphis-based parent company of First Tennessee Bank reported growth in profit as well as increases in loans, while continuing to reduce the drag of the mortgage business the company sold in 2008.

8. We’re All Invited -

MEMPHIS, SERVED IN THE SHELL. Following up last week’s column, this from a reader:

“We have no civic pride, half the population is intent on killing as many as they can and the other part lives behind walls or gates. There was a time in the fifties when you could leave your front door unlocked and keys in the car.”

9. Wunderlich Expands, Opens New Office -

Wunderlich Securities Inc. has expanded into consumer and business services investment banking.

The Memphis-based company has hired Joe Schimmelpfennig, Jeff Ng and Eric Eindahl as managing directors to lead the group and to open a new Orange County, Calif., office. The consumer and business services investment banking team is based in Newport Beach, Calif., and is in the process of supplementing its team with investment banking, equity research and institutional sales and trading professionals.

10. Wunderlich Expands, Opens New Office -

Wunderlich Securities Inc. has expanded into consumer and business services investment banking.

11. Economic Experts Offer Analysis, Forecast -

A report from Fitch Ratings May 14 declared that going forward the U.S. economy will have to grow without the help it has enjoyed in recent years from things such as low interest rates and government spending.

12. Events -

Memphis in May World Championship Barbecue Cooking Contest will be held Thursday, May 15, through Saturday, May 17, in Tom Lee Park on Riverside Drive. Hundreds of teams compete for more than $110,000 in prizes. Visit memphisinmay.org.

13. Events -

Memphis Botanic Garden will host Farmers Market at the Garden Wednesday, May 14, from 2 p.m. to 6 p.m., and every Wednesday through Oct. 29 at the garden, 750 Cherry Road. Visit memphisbotanicgarden.com.

14. Events -

Methodist North Hospital will hold a stroke support group meeting for survivors and caregivers Tuesday, May 13, at 2 p.m. in day room one at HealthSouth Rehabilitation, 4100 Austin Peay Highway. The topic is “Meditation for the Stroke Survivor.” Visit methodisthealth.org.

15. Events -

Luna Nova Music will present the Belvedere Chamber Music Festival preview concert Monday, May 12, at 7:30 p.m. at the Beethoven Club, 263 S. McLean Blvd. The concert will feature some of the works to be performed in the June 18-21 festival. Cost is free. Visit lunanova.org.

16. The Market Whisperer -

When economic analysis gets reduced to a binary choice between opposites like bullish or bearish, up or down, strong or weak, the complexity that helps explain the way things are gets lost in a thicket of sound byte-ready oversimplification.

17. Daily News Seminar Looks at State of Economy -

The recession that gutted the economy in recent years has, among other things, replaced good, high-paying jobs with jobs that don’t pay especially well.

That’s among the findings of a new report from the National Employment Law Project, which analyzed trends related to jobs in the aftermath of the recovery. It’s one example of how there’s plenty of ground to dig into as part of an analysis of the qualities of the economy of the moment, and The Daily News’ next seminar will do just that.

18. Ugwueke Named Methodist Le Bonheur President -

Michael O. Ugwueke has been named president and chief operating officer of Methodist Le Bonheur Healthcare, as well as president and CEO of Methodist Healthcare Memphis Hospitals. In his new role, Ugwueke will be responsible for strategic management of the operations of six hospitals within the Methodist Le Bonheur Healthcare system, as well as other key corporate functions.

19. First Horizon Grows Net Income in First Quarter -

The first earnings announcement of the 150th anniversary year for First Tennessee Bank’s parent company was one of those seemingly uncommon things in banking these days – a surprise to the upside.

20. First Horizon Grows Net Income in First Quarter -

The first earnings announcement of the 150th anniversary year for First Tennessee Bank’s parent company was one of those seemingly uncommon things in banking these days – a surprise to the upside.

21. Methodist University Hospital Names Liebman New CEO -

Jeff Liebman has joined Methodist University Hospital as chief executive officer. In his new role, Liebman said, he will ensure the hospital continues to be a community resource providing the highest possible quality of care to the community while following the guidelines of the Methodist LeBonheur mission.

22. Southeastern Asset Management Posts Strong 2013 -

The annual year-end commentary from Memphis-based Southeastern Asset Management always provides an instructive look at the economic landscape and a peek at the playbook of an investment firm led by a pair of prominent Memphis businessmen.

23. First Horizon Reports Profitable Quarter -

The first earnings presentation by the Memphis-based parent company of First Tennessee Bank in 2014 – its 150th anniversary – offered a recap of the fourth quarter, in which the company reported lower revenue but higher profit than during the year-ago period.

24. First Horizon Reports Profitable Quarter -

The first earnings presentation by the Memphis-based parent company of First Tennessee Bank in 2014 – its 150th anniversary – offered a recap of the fourth quarter, in which the company reported lower revenue but higher profit than during the year-ago period.

25. First Horizon Reports Profitable Quarter -

The first earnings presentation by the Memphis-based parent company of First Tennessee Bank in 2014 – its 150th anniversary – offered a recap of the fourth quarter, in which the company reported lower revenue but higher profit than during the year-ago period.

26. Wunderlich Closes on $40 Million Investment -

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

27. Wunderlich Closes on $40 Million Investment -

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

28. 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.

29. Wunderlich Gets $40 Million to Fuel Growth -

Memphis-based investment firm Wunderlich Securities Inc. is getting up to $40 million in an equity capital investment that will be used to expand several company divisions.

30. First Horizon Hosts Investor Day -

First Horizon National Corp., the Memphis-based parent of First Tennessee Bank, is hosting an investor day at FedExForum on Thursday, Nov. 21.

31. First Horizon Reports Third Quarter Loss -

The Memphis-based parent company of the largest bank based in Tennessee swung to a third quarter loss, with a $200 million addition to its mortgage repurchase reserve contributing to a loss for the quarter of $107.5 million.

32. Wunderlich Initiates Coverage of Regions -

Memphis-based Wunderlich Securities Inc. has initiated coverage of financial services giant Regions Financial Corp with a “buy” rating.

33. Community Oasis -

A visitor walking the winding, sun-dappled paths of Memphis Botanic Garden past stands of maple trees and beds of hydrangeas might never guess that there was a time when a black cloud hung low over the East Memphis attraction.

34. Wunderlich Initiates Coverage of Regions Financial Corp. -

Memphis-based Wunderlich Securities Inc. has initiated coverage of financial services giant Regions Financial Corp with a “buy” rating.

35. Analysts Give Early Read on Government Shutdown -

Brian Sullivan, president and chief investment officer of Regions Investment Management – a division of Regions Wealth Management – is expecting the federal government shutdown to be short-lived.

36. Wunderlich Securities Grows its Ranks -

Memphis-based Wunderlich Securities Inc. has added five equity capital markets professionals to its ranks.

37. Wunderlich Securities Grows its Ranks -

Memphis-based Wunderlich Securities Inc. has added five equity capital markets professionals to its ranks.

38. Wunderlich Securities Downgrades First Horizon -

Wunderlich Securities Inc. has downgraded shares of Memphis-based First Horizon National Corp. from buy to hold and lowered the company’s price target from $13 to $11.

39. First Horizon Copes With Customers’ Evolving Needs -

First Tennessee Bank will celebrate its 150th birthday in March. Leading up to that milestone, the way the venerable institution’s customers are engaging with its products and services is in the midst of a radical transformation – something that’s been the case for the last few years but the pace of which now is accelerating, the chief executive of the bank’s parent company told analysts this week.

40. Wunderlich Securities Downgrades First Horizon -

Wunderlich Securities Inc. has downgraded shares of Memphis-based First Horizon National Corp. from buy to hold and lowered the company’s price target from $13 to $11.

41. Made in Memphis -

Memphis’ geography is limited to roughly 300 square miles, but its identity stretches beyond the city limits, resonating to the far corners of the globe.

The city’s brand has obvious cornerstones, such as its place in the nation’s cultural topography. But setting aside those no-brainers, like the rock ‘n’ roll innovator whose mansion in Whitehaven still attracts gawkers from around the world, a lot of what makes Memphis’ story is the story of what’s made in Memphis.

42. Wunderlich Securities Begins Coverage of FedEx -

Wunderlich Securities Inc. has added FedEx Corp. to its stock coverage universe, initiating coverage of the package shipping giant with a “buy” rating and a $120 price target.

43. Wunderlich Lists First Horizon as Buy -

Wunderlich Securities Inc. has an analyst note out maintaining a buy rating on First Horizon National Corp., the Memphis-based parent company of First Tennessee Bank, and keeping a price target of $13 on the stock.

44. First Horizon Posts Second Quarter Profit -

First Horizon National Corp. posted earnings per share of $0.17 for the second quarter – a “solid, but not great” period for the bank, in the words of one analyst.

45. Wunderlich Lists First Horizon as Buy -

Wunderlich Securities Inc. has an analyst note out maintaining a buy rating on First Horizon National Corp., the Memphis-based parent company of First Tennessee Bank, and keeping a price target of $13 on the stock.

46. Wunderlich Grows Equity Capital Markets Division -

Memphis-based brokerage firm Wunderlich Securities Inc. has named a new director of equity capital markets and added four equity capital market professionals to the department.

47. Wunderlich Expands Equity Capital Markets Division -

Memphis-based brokerage firm Wunderlich Securities Inc. has named a new director of equity capital markets and added four equity capital market professionals to the department.

48. Wunderlich Adds Advisers in Three Cities -

Wunderlich Securities Inc. has added new financial advisers in a few offices, including in Memphis.

49. Wunderlich Adds Advisers in Three Cities -

Wunderlich Securities Inc. has added new financial advisers in a few offices, including in Memphis.

50. First Horizon Grows Profit in Quarter -

Memphis-based First Horizon National Corp., the parent company of First Tennessee Bank, kicked off its first quarterly earnings announcement of 2013 by meeting analyst expectations and reporting a profit of $42.2 million, up from $30.5 million during the first quarter of 2012.

51. First Horizon Grows Profit as Expenses Fall -

Memphis-based First Horizon National Corp., the parent company of First Tennessee Bank, kicked off its first quarterly earnings announcement of 2013 by meeting analyst expectations and reporting a profit of $42.2 million, up from $30.5 million during the first quarter of 2012.

52. Memphis Firm Continues to Press Dell -

The Memphis-based investment firm opposing Dell Inc.’s proposed $24.4 billion buyout because it says the amount undervalues the company is continuing to press its case, sending a letter this week to Dell’s board at the same time Dell’s share price was climbing higher.

53. First Horizon Posts $41 Million Profit -

Memphis-based First Horizon National Corp. booked a profit of $41 million in the fourth quarter and generated earnings in line with Wall Street expectations of 17 cents a share.

54. Wunderlich Acquires Branches, Adds Advisers -

Wunderlich Securities Inc. has acquired three wealth management branches from Sanders Morris Harris Group Inc., which is getting out of the retail branch office business.

55. Wunderlich Acquires Branches, Adds Advisers -

Wunderlich Securities Inc. has acquired three wealth management branches from Sanders Morris Harris Group Inc., which is getting out of the retail branch office business.

56. Planning for the Future -

A few months ago, CNBC broadcaster Jim “Mad Money” Cramer all but reached up to the TV screen on his set to high-five Bryan Jordan, president, CEO and chairman of First Horizon National Corp., whose image was there via satellite.

57. NBA Approves Pera as New Grizzlies Owner -

Thanks to a unanimous vote of approval from the NBA Board of Governors, Robert Pera is a few days away from being the new owner of the Memphis Grizzlies.

58. Negative Impact -

First Horizon National Corp. reported a $26 million profit for the third quarter and improved profitability in its regional banking and capital markets businesses, though the Memphis-based company’s results still missed Wall Street’s expectations.

59. Financial Industry Continues to Evolve -

Here’s a roundup of what some of the city’s banks and bankers, investment professionals, and other financial services shops have been up to in recent weeks.

On the personnel front, Financial Federal recently appointed bank president William Tayloe to the board. Tayloe will be responsible for repositioning and expanding the company’s presence locally and elsewhere.

60. First Horizon Honored for Technology -

The parent company of First Tennessee Bank is one of the most tech-savvy banks around, according to the information technology trade publication InformationWeek.

61. Growth Streak -

Andrew Holliday and Daniel Brown, the founding partners of Memphis-based branding and marketing firm Harvest Creative, used to joke about one day making the Inc. 500|5000, the list published each year by Inc. Magazine that honors the fastest-growing private companies in the U.S.

62. Business Honors -

Thirteen Memphis-based companies can officially claim to be among the fastest-growing in the U.S.

That’s according to Inc. Magazine, which put them on its annual Inc. 500|5000 list, an exclusive ranking the magazine published a few days ago that honors the fastest-growing companies by measuring their percentage growth in revenue over a three-year period.

63. Prospective Grizz Owner, Ubiquiti Look Ahead -

Robert Pera, the California businessman who’s in the process of buying the Memphis Grizzlies, was probably ready to turn the page on a new day and a new week.

64. Shakeup Could Impact Wright’s Q2 -

Wright Medical Group Inc. over the last two years has seen its fair share of restructuring, and some analysts anticipate that realignment, coupled with sales dislocations and customer losses, will likely result in some short-term pain surrounding the company’s Q2 reported earnings.

65. Pera Open to Local Partners in Grizz Bid -

In the course of meetings with business and civic leaders here over the last couple of weeks, California technology businessman Robert Pera has decided it would be a good idea to bring local partners into his bid to purchase the Memphis Grizzlies.

66. First Horizon Reports Q2 Loss -

The Memphis-based parent company of First Tennessee Bank swung as expected to a second-quarter loss Friday, July 20, over mortgage buyback demand from Fannie Mae and Freddie Mac.

67. First Horizon Increases Mortgage, Litigation Costs -

First Horizon National Corp., the Memphis-based parent company of First Tennessee Bank, forecasts it will incur an uptick of about $272 million in mortgage repurchase and litigation costs during the second quarter.

68. Pera Shows Track Record Of Early Faith -

Editor’s Note: This is the second in a three-part series looking at Robert Pera, the potential new owner of the Memphis Grizzlies.

69. Game Plan -

Editor’s Note: This is the first in a three-part series looking at Robert Pera, the potential new owner of the Memphis Grizzlies.

70. Analyst: Potential Griz Owner is a “Strong CEO” -

The prospective owner of the Memphis Grizzlies is a “very strong CEO” who’s built a next-generation communications technology company with a “pretty dramatic growth story.”

71. County’s Mortgage Lending Up in May -

When bank customers are seen doing something seemingly as simple as making plans for the future – plans, of course, that involve spending money – that conveys a lot to someone like Mike Edwards, Paragon Bank’s president and chief operating officer.

72. Ernst & Young, Wunderlich Announce New Positions -

Glenn Mitchell is taking over as the managing partner of Ernst & Young’s Memphis office from retiring partner Bill Drummond, effective July 1.

73. Analyst: First Horizon Prime Buying Target -

In one analyst’s opinion, the parent company of First Tennessee Bank is one of the most attractive buying targets for large banks in the U.S. at the moment.

74. FHN Posts Profit, Increases Share Buyback to $200M -

The Memphis-based parent company of First Tennessee Bank reported a 12-cent per share profit for the first quarter before the stock market’s opening bell Thursday, April 19.

75. New Chapters -

It’s a new day at prominent investment firms in Memphis. Different degrees of change are on tap at Morgan Keegan & Co. Inc., Duncan-Williams Inc. and Wunderlich Securities Inc. And though it’s reshaping the inner workings of those firms at the moment, some of those changes also could have an impact on the city around them.

76. Wunderlich Securities Inc. Expands Private Client Group in Houston -

Memphis-based Wunderlich Securities Inc. has expanded its private client group in Houston.

A financial group comprised of three people in Houston with $65 million in assets under administration has joined the firm.

77. First Horizon in Savings Mode -

First Tennessee Bank’s parent company is serious about cutting costs. Memphis-based First Horizon National Corp. had originally tagged $110 million in cost savings to try and reach in 2011, which the company’s chief financial officer called “a watershed year for us” in a presentation to analysts a few days ago in Boston.

78. First Horizon Posts Q4, Yearly Profit -

A little more than three years removed from the worst of the credit crisis and with a new chairman of the board in place, the parent company of the largest Tennessee-based bank posted solid fourth-quarter and full-year 2011 numbers Friday, Jan. 20.

79. First Horizon Posts Profit for Q4, Full Year -

A little more than three years removed from the worst of the credit crisis and with a new chairman of the board in place, the parent company of the largest Tennessee-based bank posted solid fourth-quarter and full-year 2011 numbers Friday, Jan. 20.

80. Trading Hands -

It’s been something of a roller coaster ride for a little more than six months in the drawn-out process by Regions Financial Corp. to sell Morgan Keegan & Co. Inc., its Memphis-based investment unit.

81. Details Emerge in Morgan Keegan Sale -

During a conference call with analysts early Thursday, Jan. 12, one day after announcing their firm’s acquisition of Morgan Keegan & Co. Inc. for $930 million, Raymond James Financial Inc. officials shared new details that employees of the Memphis firm had been waiting to hear.

82. First Horizon Expected to Post Profit -

The parent company of First Tennessee Bank reports fourth-quarter earnings and its full-year 2011 results this month, and Wall Street analysts are expecting another quarterly profit from the Memphis-based company.

83. Wunderlich Announces 6 Energy Banking Hires -

Memphis-based Wunderlich Securities has hired six energy investment banking professionals from Pritchard Capital Partners LLC, an energy investment banking boutique.

84. Local Banks Show Signs of Rebound -

The Memphis banking market – along with that of the state – continues to bounce back. New reports out from two federal banking regulators show a surge in year-to-date profits for Memphis-area banks, including a more than doubling of net income for the area’s largest bank, First Tennessee, in the third quarter from Q3 2010. That’s from data compiled by the Federal Reserve Bank of St. Louis.

85. First Horizon’s Profit Improves in Q3 -

Between July and September, the Memphis-based parent company of First Tennessee Bank, the largest bank based in Tennessee, more than doubled its quarterly profit compared with the same period in 2010, the company announced Monday, Oct. 17.

86. First Tenn. Parent Co.’s Profit Improves in Q3 -

Between July and September, the Memphis-based parent company of the largest bank based in Tennessee more than doubled its quarterly profit compared with the same period in 2010, the company announced Monday, Oct. 17.

87. BlackBerry Blackout is New Threat to Brand -

NEW YORK (AP) – The longest BlackBerry outage in many years left customers outraged this week, threatening to cost the granddaddy of all smartphones more business when it's already struggling to keep up in a crowded marketplace.

88. Seeing Success -

On the surface, they don’t have much in common other than their home turf. They include everything from a venerable law firm, prominent regional investment companies, tech firms and even a business that manufactures food products like hot dogs and sandwich meats.

89. First Horizon, Fitch Say Risk Manageable -

Bryan Jordan, the president and CEO of First Tennessee Bank’s parent company, told his audience at an industry conference a few days ago in New York City that his company has been out of the mortgage business for three years now.

90. Analyst: First Horizon Less Exposed Than Reported -

Wunderlich Securities Inc. bank analyst Kevin Reynolds published a research report Monday, Sept. 11, related to the lawsuit filed against First Horizon National Corp. Sept. 2.

91. Biggest Local Banks Repay TARP -

The two biggest Memphis banks that got emergency capital from the federal government in 2008 as part of a dramatic bank industry rescue have now repaid that money and exited the program.

Magna Bank became the latest local institution to remove itself from the Troubled Asset Relief Program when a few days ago it finished repaying almost $14 million.

92. Wunderlich Equity Announces New Hires -

Trace Urdan and Jeff Lee have joined Wunderlich Equity Capital Markets as a senior vice president and vice president respectively. Both will cover the education services sphere.

Urdan has twice been cited as an all-star analyst by The Wall Street Journal. He is widely cited as a global expert on for-profit education and e-learning trends.

93. First Horizon Beats Forecast With Q2 Profit -

Controlling what we can control. That was a talking point used by the leadership of First Tennessee Bank’s parent company a handful of times during its second quarter earnings presentation to analysts Friday morning. It reflects things outside the company’s influence, like a volatile interest rate environment, as well as controllable factors like aggressive cost-cutting moves intended to dramatically lower the company’s efficiency ratio by 2013.

94. First Horizon Beats Forecast With Q2 Profit -

Controlling what we can control.

That was a talking point used by the leadership of First Tennessee Bank’s parent company a handful of times during its second quarter earnings presentation to analysts Friday morning. It reflects things outside the company’s influence, like a volatile interest rate environment, as well as controllable factors like aggressive cost-cutting moves intended to dramatically lower the company’s efficiency ratio by 2013.

95. Local Companies Working to Navigate Economic Straits -

The financial services business seems like a tough one to be in these days.

Investors have for the last few weeks treated bank stocks like the piñata of Wall Street. Bankers, attorneys and investment professionals have boiled a massive government overhaul of the country’s financial regulations down to clipped phrases like “finreg” and “Dodd-Frank” that they speak of often with a grumble or a shaking of the head.

96. Wunderlich Meetings Focus on Banking Issues -

Not enough people want to – or are able to – borrow money. Yet bank deposits are healthy, and with asset quality improving that means balance sheets are looking better.

Those are some of the themes that emerged at the recent Memphis in May World Championship Bank Tour hosted by Memphis-based full-service brokerage firm Wunderlich Securities Inc.

97. Renasant, Wunderlich Announce New Hires -

Tupelo, Miss.-based Renasant Bank has a new president for its regional market that includes Memphis.

Renasant chairman and CEO E. Robinson McGraw announced Wednesday that Jeff Hudson has been tapped as West Tennessee president for Renasant.

98. Wunderlich Securities Continues Growth Streak -

Memphis-based Wunderlich Securities Inc. has added six institutional fixed-income professionals over the past two months, continuing a growth streak for the firm that’s seen multiple offices open within the past year and scores of new employees hired.

99. First Horizon Reports Profitable Q1 -

Bryan Jordan, president and CEO of Memphis-based First Horizon National Corp., told his audience at Tuesday’s annual meeting that the parent of First Tennessee Bank is becoming “more efficient and nimble.”

100. First Horizon Reports Profitable Q1 -

Bryan Jordan, president and CEO of Memphis-based First Horizon National Corp., told his audience at Tuesday’s annual meeting that the parent of First Tennessee Bank is becoming “more efficient and nimble.”