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Editorial Results (free)

1. June 27-July 3: This week in Memphis history -

2013: Groundbreaking for the renovation of the Lee House in Victorian Village as a bed and breakfast. To symbolize the transition of the home built in 1841, members of the Lee family gathered beside the house and rang the large bell in the side yard.
The property is one of several homes of James Lee, who ran the Lee line of riverboats on the Mississippi River. The Lee House LLC – a partnership that includes Jose Velazquez, J.W. Gibson and Kathy Buckman Gibson – invested more than $2 million in restoring the house, which opened in April. Among the features is a 114-year old Steinway piano in the home’s living room.

2. Lawmakers Press GM on Report's Findings -

WASHINGTON (AP) – Lawmakers expressed disbelief Wednesday at General Motors' explanation for why it took 11 years to recall millions of small cars with defective ignition switches, and also confronted its chief executive with evidence that the company dragged its feet on a similar safety issue in different vehicles.

3. Study: New Madrid Fault Zone Alive and Active -

LOS ANGELES (AP) – The New Madrid fault zone in the nation's midsection is active and could spawn future large earthquakes, scientists reported Thursday.

It's "not dead yet," said U.S. Geological Survey seismologist Susan Hough, who was part of the study published online by the journal Science.

4. This week in Memphis history: November 1-7 -

2012: On the front page of The Daily News, Memphis-based International Paper Co. confirmed it was exploring its options in expanding its Memphis headquarters, including looking at relocating in other cities. The company’s leaders later decided to expand the Memphis footprint in the Poplar Corridor with another building in the complex near Poplar Avenue and Massey Road.

5. Five Years in the Life -

Delta Airlines and Northwest Airlines has just merged with more than 150 flights a day at Memphis International Airport shifting to the Delta brand. And Delta’s CEO, Richard Anderson, said Memphis would be an integral hub with more traffic.

6. Super Bowl Ad Preview -

The victory of the Ravens or the 49ers won’t be all people are talking about after the Super Bowl. After all, there are the commercials, and considering 110 million viewers are anticipated for this year’s football matchup, it’s no wonder advertisers pony up big bucks. Thirty-second spots went for $3.8 million to $4 million this year – an all-time record, up from $3.5 million in 2012.

7. Morgan Keegan Future Finally Taking Shape -

A Raymond James Financial Inc. spokesman said as the week began the company has no comment about what additional personnel shifting or cuts might still be to come in the days and weeks ahead, with longtime Memphis financial firm Morgan Keegan & Co. Inc. now officially owned by St. Petersburg, Fla.-based Raymond James.

8. Iberiabank Reaches Deal To Acquire Florida Bank -

It has a pristine new local market headquarters building on Poplar Avenue near the Erin Way Shopping Center.

But there are plenty of other indications of the health of Louisiana-based Iberiabank, which turns 125 years old this year.

9. Actor Freeman Out of Dining Biz -

JACKSON, Miss. (AP) – Memphis-born actor Morgan Freeman and his business partner, lawyer Bill Luckett, are ending their 10-year run as owners of Clarksdale’s Madidi Restaurant, an upscale establishment in the heart of the Mississippi Delta.

10. J.C. Penney Gets Rid of Hundreds of Sales -

NEW YORK (AP) – J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers no longer have to wait for sales to get bargains.

Penney said Wednesday that it is getting rid of the hundreds of sales it offers each year in favor of a simpler approach to pricing. Starting on Feb. 1, the retailer is rolling out an "Every Day" pricing strategy with much fewer sales throughout the year.

11. 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.

12. That's a Wrap -

If the grand sweep of 2011 could be captured on celluloid and presented to an audience on the big screen, all the components of a great film would be readily apparent.

There was drama, in the form of a deluge and historic flooding that led the Mississippi River to crest at nearly 48 feet early in the year. One of the year’s big surprises saw President Barack Obama give the commencement address for the Booker T. Washington High School class of 2011 at the Memphis Cook Convention Center.

13. Mobile to Surpass Web by 2015 -

By 2015, more people will access the Web via a mobile device – such as a smartphone, Kindle, iPad, video game or GPS system – than through traditional desktop Internet access.

This shocking finding, uncovered in a robust study conducted last year by global financial services firm, Morgan Stanley, serves as a giant wake-up call to companies large and small. You had better have a mobile strategy, toot sweet.

14. Morgan Keegan Details Could Come Soon -

Regions Financial Corp. CEO Grayson Hall said during Regions’ second quarter earnings conference call Tuesday, July 26, that details would be forthcoming soon about the Memphis-based investment banking franchise Regions put on the auction block in June.

15. Morgan Keegan Bid Deadline Arrives -

Monday, July 25, was reportedly a deadline for Regions Financial Corp. to get initial bids for the Memphis-based investment bank Regions put on the auction block in June.

16. Morgan Keegan Fraud Case Dismissed -

Morgan Keegan & Co. Inc. has won the dismissal of a securities fraud case brought against it by the U.S. Securities and Exchange Commission in 2009.

17. Judge Rules for Morgan Keegan in Securities Fraud Case -

Morgan Keegan & Co. Inc. has won the dismissal of a securities fraud case brought against it by the U.S. Securities and Exchange Commission in 2009.

18. Morgan Keegan Speculation Begins -

More than one analyst is predicting Morgan Keegan & Co. Inc. could fetch a minimum of $700 million if its parent company, Regions Financial Corp., follows through on an anticipated sale of the Memphis-based investment firm.

19. Companies Embracing Twitter To Spread News -

Social media experts have often described Twitter as a cocktail party – join in the many ongoing conversations as you hit up different groups in the room.

The reverse is also true. If one stands in the corner and doesn’t embrace the dialogue, no networking is accomplished, and the attendee loses relevance.

20. Roundtable Tackles Trademark Infringement -

The law firm of Baker Donelson Bearman Caldwell & Berkowitz PC will hold a roundtable discussion Thursday on the topic “Use of Competitor’s Trademark in Keyword Advertising: Infringement or Not?”

The event is part of the American Bar Association’s Intellectual Property litigation series.

21. 2010 Year of Changes for Financial Services Industry -

From the high finance of Wall Street to the Main Street banks in Memphis that make loans and collect deposits, no corner of the financial services industry was spared from dramatic changes in 2010.

22. Whalum and Webb Draw Challengers In School Board Races -

Memphis school board members Betty Mallott and Martavius Jones were unopposed at Thursday’s filing deadline for the four Memphis school board races on the Nov. 2 ballot. Noon was the deadline for candidates to file their qualifying petitions in the school board races as well as three sets of municipal elections in Bartlett, Collierville and Germantown.

23. Whalum and Webb Draw Opposition At Filing Deadline -

Memphis school board members Betty Mallott and Martavius Jones were unopposed at Thursday’s filing deadline for the four Memphis school board races on the Nov. 2 ballot, according to a list from the Shelby County Election Commission.

24. Brighter Future -

The financial services industry in Memphis is apparently back to thinking about tomorrow, rather than simply making it through today.

Firms are hiring again, deepening their bench strength in key areas, recommitting to a focus on customer relationships – and, in some cases, once more turning a tidy profit.

25. California Judge Rejects Morgan Keegan Appeal of $1.5M Award -

A federal judge in California has thrown out an attempt by Morgan Keegan & Co. to vacate a nearly $1.5 million arbitration award won against the firm by retired NBA star Horace Grant.

26. Ole Miss Marketer Discusses Higher Ed Challenges -

Jim Ebel, executive director of marketing communications for the University of Mississippi, outlined his vision for the Ole Miss brand on Thursday.

Speaking to the Memphis Chapter of the American Advertising Federation, Ebel addressed the marketing challenges faced by institutions of higher learning and those particular to Ole Miss.

27. Morgan Keegan Responds to Federal, State Charges -

Morgan Keegan & Co. Inc. CEO John Carson has written a letter to investors replying to charges from federal and state regulators for his firm's alleged mishandling of six mutual funds that lost $2 billion.

28. Magna Strikes Balance With Conservative Approach -

In baseball terms, Magna Bank’s just-released annual report depicts a bank that stepped to the plate in 2009 after several innings of bad omens and knocked a few solid base hits.

29. Potential Reform Legislation Could Change Banking -

The chief financial officer of Memphis-based First Horizon National Corp. told an audience of bank analysts last week the parent company of First Tennessee Bank is crossing its fingers over economic recovery.

30. MED Officials Brace for News In Bredesen’s Budget Address -

After having made their case to Nashville powerbrokers this week for more funding for the Regional Medical Center at Memphis, officials with The MED are bracing for the news that will come Monday night.

31. CSG Sues Over RMK Losses -

A new participant has stepped into the long-running legal fray over why six Morgan Keegan bond funds lost $2 billion between March 2007 and March 2008.

Memphis-based Consulting Services Group, a firm that provides investment advice to Shelby County’s retirement board and other clients, has filed a lawsuit against Memphis-based investment and brokerage firm Morgan Keegan & Co. Inc. The asset management arm of Morgan Keegan ran the six funds in question.

32. Consulting Services Group Sues Morgan Keegan Over RMK Funds -

A new participant has stepped into the long-running legal fray over six Morgan Keegan bond funds that lost $2 billion of their value between March 2007 and March 2008.

Memphis-based Consulting Services Group, a firm that provides investment advice to clients including Shelby County’s retirement board, has filed a lawsuit against Memphis-based investment and brokerage firm Morgan Keegan & Co. Inc. The six funds in question were run by the asset management arm of Morgan Keegan.

33. Mixed Signals Remain for Local Banking Industry -

The old proverb about the fear of dismounting a tiger – once you’re riding one, you can’t hop off without becoming easy prey for the beast – seems applicable to the banking industry at the moment.

The tiger it’s riding is an economy marked by delinquent mortgages, companies shedding jobs and unpaid consumer loans stacking up as borrowers fall further behind. As a result of that upheaval, the U.S. government has basically turned into a vast holding company sitting on giant stakes in automakers and hundreds of banks.

34. Residential Building Heats Up in November -

Arlington is back in the news, although this time it has nothing to do with Mayor Russell Wiseman posting remarks on his Facebook page about President Obama and “A Charlie Brown Christmas” television special.

35. Hacks Cross Center Foreclosed, to be Sold -

The Shoppes at Misty Meadows, a two-parcel retail center at 3800 Hacks Cross Road in Southeast Shelby County, has been foreclosed and will be sold in a substitute trustees’ sale, according to a notice that appears on Page 40 of today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

36. TV Ad at Center of FedEx, UPS Feud -

Shipping rivals FedEx Corp. and UPS Inc. will be back in Memphis federal court July 13 for a routine scheduling conference related to a lawsuit over a television commercial.

37. Loyal Featherstone Faces Foreclosure on Nine Lots -

Six first-run foreclosure notices have been filed for nine lots owned by Loyal Featherstone Realtors & Builders doing business as Loyal Featherstone Construction Inc. The notices appear in today’s issue of The Daily News beginning on Page 40.

38. Mays Consolidates Regions Funds Suit -

The class action cases pending in U.S. District Court for the Western District of Tennessee on behalf of investors who lost money in several Regions Morgan Keegan mutual funds slowly are taking shape.

39. RMK Funds Handoff Conceived Months Ago -

Over the past several months, federal lawsuits have mounted in West Tennessee on behalf of investors who suffered large losses in a group of beleaguered Regions Morgan Keegan mutual funds.

During that time, the U.S. Securities and Exchange Commission has requested information about the low-performing funds from Regions Financial Corp., the parent company of Memphis-based Morgan Keegan. And investors from around the country have peppered the Financial Industry Regulatory Authority with requests for arbitration related to the funds.

40. Lawsuits Active, Multiplying Against Morgan Keegan -

At 5 p.m. Feb. 18, an attorney-client meeting was called to order at the Poplar Avenue law offices of Apperson Crump & Maxwell PLC.

In attendance was a group of about 10 people. It included at least four lawyers, Regions Morgan Keegan mutual fund shareholders and representatives of other shareholders who were not present. The first item of business: mapping out the next few steps in a complex securities class action suit filed on behalf of those shareholders against the Memphis-based Morgan Keegan brokerage firm.

41. 'Routine' Sale Finds Major Banks In Court -

The transaction was a routine sale. And compared to the size of the large multibillion-dollar financial services companies involved in the deal, only a relatively small amount of money would have changed hands.

42. Report Looks at Link Between Education, Quality of Life in State -

NASHVILLE (AP) - A new report examines thousands of statistics from Tennessee to try to quantify the relationship between education and quality of life issues such as jobs, health and civic participation.

43. Investigation of CollapseOf RMK Funds Continues -      An investigation into the collapse of several Regions Morgan Keegan mutual funds is still unfolding, prodded along by an ad hoc group of four separate law firms.
     Lawyers from other firms

44. RMK Funds Have Legal Wheels Rolling -

At the four law firms across the U.S. where attorneys are jointly investigating the recent management and performance of several Regions Morgan Keegan mutual funds, the phones ring just about every day.

45. Lawsuits Imminent on Behalf of RMK Investors -

Lawyers from four firms across the U.S. are working together to investigate the management and performance of several Regions Morgan Keegan mutual funds.

As a result of that investigation, as many as a dozen complaints are expected to be filed in the near future on behalf of investors who've seen the value of their investments in those funds plummet dramatically. If other investigators and lawyers are looking into the funds too, still more complaints could be on the way.

46. Tinker Works To Out-Fundraise Cohen For His Congressional Seat -

In last Friday's edition of The Washington Post, columnist Mary Ann Akers introduced her readers to Memphis congressman Steve Cohen, summing up her interviewee as a "fun-loving hipster in an aging man's body."

47. Archived Article: Marketplace - Professional services marketing: Professional services marketing: Increased profits through increased communication By Sandra McQuain Glankler Brown PLLC Special to The Daily News Conversation at a cocktail party several years ago. "So, Sandra,...

48. Archived Article: Riverfront (lead) - By LAURIE JOHNSON Riverfront committee plans focus groups, town meetings By LAURIE JOHNSON The Daily News In 1924, a detailed drawing depicting an ambitious development plan for the Downtown stretch of Memphis Mississippi riverfront graced the front...

49. Archived Article: Market Briefs - Union Planters Corp Union Planters Corp. reported first quarter earnings of $74.6 million compared to $66.4 million for the first quarter of 1997. Diluted earnings per common share were 86 cents compared to 79 cents for the same period a year ago. T...

50. Archived Article: Year 2000 Chg - Year 2000 problem: Crisis or hoax Year 2000 problem: Crisis or hoax? Companies gear up for possible millennium bug By CAMILLE H. GAMBLE The Daily News Large and small companies using computer systems now have three years and two weeks to fix a probl...

51. Archived Article: Elvis Technology - Elvis rocks on CD-ROM, Internet Elvis rocks on CD-ROM, Internet New technology tested out on virtual Graceland CD-ROM By CAMILLE H. GAMBLE The Daily News The test version of a new technology called navigatable video, created by a firm in California,...

52. Archived Article: Real Fcs C Morgan - lj 10/5 cates Memphis home builder Charles Morgan tapped as HBAM president for 1997 By LAURIE JOHNSON The Daily News One hard and fast rule that anyone in the building industry quickly learns is that while sometimes you get to master the schedule, o...

53. Archived Article: Real Briefs - 04-23 real briefs Beginning May 1, the National Association of Real Estate Investment Trusts (NAREIT), the REIT industry trade group, will debut its enhanced Internet home page at http://www.nareit.com. Visitors to the NAREIT site will be able to ch...