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1. Eastgate Set for Possible Makeover
- Friday, May 02, 2014
A venerable shopping center in East Memphis could be getting a significant makeover, according to a recent retail market report from CB Richard Ellis Memphis.
Eastgate Center LLC, the owner of Eastgate Shopping Center at Park Avenue and White Station Road in East Memphis, could make significant aesthetic improvements to the retail center beginning this year.
2. Yellen Signals More Aggressive Stance Toward Banks
- Wednesday, April 16, 2014
WASHINGTON (AP) – The Federal Reserve may be about to turn more aggressive in its regulation of the financial system.
Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.
3. Invacare Inks Lease in SE Memphis
- Friday, August 17, 2012
Invacare Continuing Care Inc. has inked a 3,500-square-foot lease at 4187 Senator St. in Southeast Memphis.
4. Morgan Stanley Closes a Bleak Bank Earnings Season
- Friday, July 20, 2012
NEW YORK (AP) — It's tough being a big bank these days.
Morgan Stanley, the storied investment house, reported Thursday that its revenue was down sharply for April through June and its profit missed Wall Street expectations. Its stock was clobbered — down more than 5 percent.
5. As US Economy Steadies, Bank Closings Become Rarer
- Friday, July 06, 2012
WASHINGTON (AP) – Fewer U.S. banks are failing than at any time since the financial crisis erupted in 2008. The healthier banking industry is helping sustain an economy slowed by lackluster hiring, weak manufacturing and Europe's debt crisis.
6. Architect Honored for Remarkable Achievements
- Wednesday, March 24, 2010
Before St. Jude Children’s Research Hospital became the sprawling complex of medical buildings in Uptown Memphis, the original facility was more modest, but no less important to the city’s landscape.
7. Gov't Helps Keep Loans Cheap – If You Can Get One
- Friday, September 18, 2009
NEW YORK (AP) - It's a good time to borrow money for a home, car or small business.
A year after a global freeze in the credit markets prompted massive government intervention to prevent the financial system from collapsing, interest rates remain at historic lows. But banks are demanding more collateral, bigger down payments and detailed financial histories from borrowers.
8. Bank Stress Tests Show Some Banks Need More Funds
- Friday, May 08, 2009
WASHINGTON (AP) - Some of the largest U.S. banks will be scrambling to demonstrate that they can raise capital after results of government stress tests leaked out, showing many need more funds. The Treasury Department will officially release results later Thursday.
9. BofA Delays Release of Votes on CEO Lewis
- Thursday, April 30, 2009
CHARLOTTE, North Carolina (AP) - Ken Lewis is keeping his seat on the Bank of America Corp. board, but his job title is less certain.
10. Recession Pits Small, Big Banks Against Each Other
- Tuesday, April 21, 2009
WASHINGTON (AP) – First they felt their reputations were stained by the financial meltdown. Now they’re paying a price they protest is unfair.
Small bankers are complaining loudly that they had nothing to do with the excesses of big Wall Street firms, freewheeling deals in the mortgage market and risky investments that precipitated the economic crisis.
11. Moffett Resigning as Freddie Mac CEO
- Tuesday, March 03, 2009
WASHINGTON (AP) - The top executive of Freddie Mac is quitting after less than six months on the job as the company continues to hemorrhage from mortgage losses and plans to ask the government for up to $35 billion in additional aid.
12. Fannie Mae Shakes Up Management Team
- Friday, August 29, 2008
WASHINGTON (AP) - Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for the third straight day as investors appeared less certain a government bailout of the two troubled companies is imminent.
13. Fannie, Freddie Rescue Plans Leave Many Anxious
- Monday, August 25, 2008
WASHINGTON (AP) - A government rescue of Fannie Mae and Freddie Mac could be costly for scores of investment, banking and insurance companies that hold billions of dollars in preferred shares in the mortgage finance giants.
14. Fannie, Freddie fall on Renewed Bailout Fears
- Wednesday, August 20, 2008
WASHINGTON (AP) - Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario into reality.
15. Insulated Industry
- Monday, September 17, 2007
In a sluggish economy replete with residential housing woes, it's easy to see how real estate and its peripheral industries can suffer.
If consumers have fears about buying a home, they merely wait it out and stay in their rental for another six months while builders, Realtors and mortgage bankers - among others - feel the ripple effects of the delay.
16. Mortgage Giants may not Provide Silver Bullet for Distressed Market, Experts Say
- Wednesday, August 08, 2007
WASHINGTON (AP) - Easing the investment constraints faced by Fannie Mae and Freddie Mac may not be enough to rescue homeowners and investors caught up in the mortgage market turbulence.
Shares of the government-sponsored home-loan financiers have surged in recent days on speculation that regulators will raise the amount of mortgage securities Fannie and Freddie can hold as investments. Mainstream Wall Street analysts believe such a move would ease the country's housing woes by injecting more cash into the market.
17. New Nursing School, Other Developments Beef Up Local Bioscience Sector
- Monday, November 13, 2006
Talk to Dr. Steve Bares for even a little while about Memphis' emerging bioscience industry, and he'll usually offer up a meaty metaphor to describe either himself, his thoughts on new developments or a forecast of things to come.
18. Archived Article: Law Briefs
- Thursday, March 23, 2000
The Memphis Bar Association presents ``How to Get an Uncontested Divorce Approved by the Court, at noon April 19 at the Peab The Memphis Bar Association presents ``How to Get an Uncontested Divorce Approved by the Court, at noon April 19 at the Peab...
19. Archived Article: Real Fcs (leco) Lj
- Tuesday, April 30, 1996
lj 10/5 cates LECO Realty finds niche handling small properties By LAURIE JOHNSON The Daily News A local real estate firm has found that duplexes, small apartment complexes and single-family homes make good building blocks for a thriving property ma...