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Editorial Results (free)

1. Surprisingly Weak Jobs Report Puzzles Economists -

WASHINGTON (AP) – It came as a shock: U.S. employers added just 74,000 jobs in December, far fewer than anyone expected. This from an economy that had been adding nearly three times as many for four straight months – a key reason the Federal Reserve decided last month to slow its economic stimulus.

2. Minutes of Fed Policy Meeting Show Sharp Divisions -

WASHINGTON (AP) – Federal Reserve officials seem far from a consensus on the question that's consumed investors for months: When will the Fed slow its bond purchases?

Minutes of their June policy meeting show many members felt the job market's improvement would have to be sustained before the Fed would scale back its bond purchases, which have fueled spending and growth, lifted stocks and kept mortgage rates near record lows?

3. US Still Faces Political Fights on Spending, Debt -

WASHINGTON (AP) – A last-minute deal will keep the U.S. from driving off the so-called "fiscal cliff," but higher taxes and continued political fighting in Washington threaten to shake the fragile economy well into 2013.

4. Highpoint Church Buys Briarcrest’s East Memphis Campus -

After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.

5. Lights, Camera, Action -

The pot of state money available to spur film production in Tennessee got a couple million dollars richer a few months ago.

Thanks to a measure sponsored this past legislative session by state Sen. Mark Norris, R-Collierville, an additional $2 million is now available to incentivize film production in the state. But the good news goes deeper than that seven-figure sum for Tennessee’s film industry.

6. Retail Sales Weaken in Dec. But Cap Record Year -

WASHINGTON (AP) – America's retailers enjoyed a record 2011 and their first $400 billion sales months ever. But the final month of the year was a dud.

Sales eked out a 0.1 percent increase in December, to a seasonally adjusted $400.6 billion.

7. In the US, Two Housing Markets and Two Directions -

In America, it's starting to feel as if there are two housing markets. One for the rich and one for everyone else.

Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine, three-bedroom brick Tudor recently sold for $6,000 – about what a buyer would have paid during the Great Depression.

8. Inflation Squeezing Consumers in Weak Economy -

WASHINGTON (AP) – Consumers are spending more to fill their tanks, feed their families and pay the rent. At the same time, the number of people applying for unemployment benefits has reached the highest level in three months.

9. Economists Show Support for Obama Job-Growth Plan -

WASHINGTON (AP) – A tentative thumbs-up.

That's the assessment from economists, who have offered mainly positive reviews of President Barack Obama's $447 billion plan to stimulate job creation.

10. Few Jobs Added in May; Unemployment Up to 9.1 Pct -

WASHINGTON (AP) – U.S. employers in May added the fewest jobs in eight months, and the unemployment rate inched up to 9.1 percent. The weakening job market raised concerns about an economy hampered by high gas prices and the effects of natural disasters here and abroad.

11. Morgan Keegan Analysts Honored Nationally -

The stock pickers and corporate earnings estimators at Memphis-based Morgan Keegan & Co. Inc. are among the best of the best.

12. Court Says Judges Can Settle Mutual Fund Fee Fight -

WASHINGTON (AP) – The U.S. Supreme Court on Tuesday rejected a lower court standard that investors say would have made it almost impossible for them to sue over “excessive” fees on mutual funds.

13. Leading Economic Indicators Rise in August -

NEW YORK (AP) – A private forecast of economic activity rose in August for the fifth straight month, the latest sign the recession has ended. The New York-based Conference Board’s leading indicators point to an economy on solid ground early next year, though some analysts caution that a rising unemployment rate will restrain growth.

14. Community Foundation Portfolio Rebounds -

The investments of the Community Foundation of Greater Memphis rebounded from several months of losses during the second quarter and posted returns that beat market indices.

The foundation’s balanced fund had an 11.5 percent return, while its equity fund posted a 17.7 percent gain. In total, the foundation manages approximately $250 million in charitable assets.

15. BofA CEO Lewis: Industry Consolidating, But Not Us -

CHARLOTTE, North Carolina (AP) - Bank of America Corp.'s chief executive Ken Lewis expects consolidation in the banking industry to pick up as the economy stabilizes, but says his bank won't be participating.

16. Morgan Stanley Unveils Job Cuts -

NEW YORK (AP) - Morgan Stanley on Wednesday outlined plans to cut 10 percent of staff in its biggest business, which covers everything from investment banking to stock trading.

17. Fed Orders Emergency Rate Cut, Other Banks Follow -

WASHINGTON (AP) – The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday to steady a teetering economy.

18. Founders of Grand Events Sell Company’s Warehouse -

3347 Pearson Road
Memphis, TN 38118
Sale Amount: $2.5 Million

Sale Date: June 13, 2008
Buyer: Schwarz Properties LLC
Seller: Hoyt Mark White and John Stanley White
Loan Amount: $2.1 million
Loan Date: June 12, 2008
Maturity Date: N/A
Lender: BankTennessee
Details: Asheboro, N.C.-based Schwarz Properties LLC has bought the 130,925-square-foot warehouse that houses Grand Events and Party Rentals, which now will lease the space.

19. $20.5M Permit Filed For Briarcrest Middle School -

Briarcrest Christian School has filed a $20.5 million permit application with the city-county Department of Construction Code Enforcement to build a 151,000-square-foot elementary and middle school at 10103 Raleigh-LaGrange Road north of Collierville. The new school is adjacent to Briarcrest’s high school, which opened in 2003.

20. Shoemaker Financial's Allen Earns Circle of Excellence -

Frank Allen, a certified financial planner and financial adviser with Shoemaker Financial, has achieved the Circle of Excellence award from Securian Financial Services for his performance in 2007.

21. Archived Article -

7761 U.S. 64
Memphis, TN 38133
Sale Amount: $17 million

Sale Date: July 7, 2006

Buyer: TENN CMX Owner LLC

22. Archived Article: real recap - 76

Mixed-Use Development Planned for Arlington

76.93 acres near

Highway 385

Cost: $2.8 million

Borrower: Commercial Ventures Inc.

Lender: Paragon National Bank

Trustee: Andrew H. Taylor

Property: A 28.91-acre parcel and a 51....

23. Archived Article: Real Recap - Recap has nine entries so far because I dont have a feature interview yet

FaxonGillis Prepares to Start Downtown Condos

2.58 acres near

Carolina Avenue

Cost: $8 million

Borrower: FaxonGillis Inc.

Lender: National Bank of Commerce <...

24. Archived Article: Real Recap - 1580-1588 Union Ave

West Clinic Plans Midtown Treatment Center

1580-1588 Union Ave.

Memphis, TN 38104

Cost: $2.9 million

Borrower: West Union Partners LLC

Lender: Commercial Bank and Trust Co.

Trustee: Reid D. Evensky

Propert...

25. Archived Article: Calendar - Calendar of events: June 5 11 Calendar of events: Aug.14-Aug. 21 Aug. 14 The International Association for Administrative Professionals regular monthly meeting begins at 6 p.m. at the Holiday Inn-Memphis East, with Gary Brackett as speaker. The cost...

26. Archived Article: Calendar - Calendar of events: June 5 11 Calendar of events: Aug. 7-Aug. 13 Aug. 7 Consumer Credit Counseling Service is offering a free seminar on building a budget and the basics of money management, from 6 p.m. to 7:30 p.m. at 2158 Union Ave., Suite 400. Fo...

27. Archived Article: Calendar - Calendar of events: June 5 11 Calendar of events: July 31-Aug. 6 Aug. 1 Flying Colors, 1068 Cresthaven, Suite 550, hosts "Clinical Trials, Investigating Your Options." The monthly session is designed to provide information on overcoming my...

28. Archived Article: Calendar - Calendar of events: June 5 11 Calendar of events: July 24-July 30 July 26 The Mid-South Coliseum board meets at 3:30 p.m. in the Coliseum boardroom. The Brooks Museum presents "Fitness and Finance: A Womens Perspective," sponsored by Merri...

29. Archived Article: Law Focus1 - Memphis Bar Association announced nominees Memphis Bar Association announced nominees The Memphis Bar Association has released the report of its nominations and elections committee, which was chaired by Prince Chambliss. The association president fo...

30. Archived Article: Calendar - Sept Sept. 21 The Society of Professional Journalists will meet at noon at the Fogelman Executive Center at the University of Memphis. The speaker will be author and screenwriter Elaine Zimmerman. The cost of the buffet luncheon is $10. For more inf...

31. Archived Article: Calendar - July 13 July 13 Public Issues Forum will meet at 7 p.m. at Memphis Community Foundation, 1900 Union Ave. The topic will be the 1998 election, and the speakers include Irma W. Merrill and Marilyn Loeffel, the candidates for Shelby County Commission, ...

32. Archived Article: Calendar - July 8 July 8 The Consumer Credit Counseling Service will offer a free seminar on financing a childs education from 6 p.m. to 7:30 p.m. at 2158 Union Ave., Suite 400. For reservations, call 323-4909, Ext. 1007. Mensa will meet at the Unicorn restaur...

33. Archived Article: Calendar - June 29 June 29 Consumer Credit Counseling Service will offer a free seminar on budgeting and credit for two from 6 p.m. to 7:30 p.m. at 2400 Poplar Ave., Suite 510. For reservations, call 323-4909, Ext. 1007. June 30 Mid-South Environmental Forum w...

34. Archived Article: Memos - Lisa Sanford has been named assistant vice president of executive banking for Enterprise National Bank at its Poplar/Ridgeway location Lisa Sanford has been named assistant vice president of executive banking for Enterprise National Bank at its Popl...

35. Archived Article: N Miss Expo 97 Lj - lj 10/5 cates DeSoto County expo spotlights business By LAURIE JOHNSON The Daily News With every booth sold out and more than a thousand complimentary tickets distributed, organizers of DeSoto Countys first business exposition anticipate that the ev...

36. Archived Article: Calendar - March 17 March 17 The Institute of Management Accountants will meet at Union Planters, 6200 Poplar Ave. from 6 p.m. to 9 p.m. The seminar topic will be the Internet, and the presenter will be Dr. Larry Schmidt of Christian Brothers University. The c...

37. Archived Article: Calendar - 01/05 Calendar Feb. 12 The MidSouth Workers Compensation Association will meet at 11:30 a.m. at the Racquet Club. The speaker will be Dr. William Bourland of The Orthopaedic Clinic, who will address "Reduction of Workers Compensation Costs by P...

38. Archived Article: Small Bus Tip - 12/7 jts small bus. tip Good financial planning, investment help firms grow By JAMES SNYDER The Daily News Small and expanding businesses probably have a greater need for a good financial plan than their owners realize, according to Memphis area fin...

39. Archived Article: Inv Briefs - 11/6 inv briefs Merrill Lynch will present a free seminar, "Is Your Retirement Plan Getting the Attention It Deserves," on Wednesday from noon to 1 p.m. at the Adams Mark Hotel. Regional retirement specialist Chris Barlow will be a feature...