VOL. 126 | NO. 16 | Tuesday, January 25, 2011
Duncan-Williams Inc. has added a heavyweight of the local financial services industry to its executive team as the firm seeks to grow its private client group and complete its 500@50 initiative – $500 million in annual revenue by 2019.
Home stagers get creative to get clients
With a plethora of homes on the market – many of them languishing there for months – home staging is one of those rare subsets of the housing industry that’s benefited from the economy’s downturn.
Shelby County Commissioners approved the agreement and $22 million in bond financing Monday to bring the Electrolux plant to the Pidgeon Industrial Park.
The Memphis City Schools board has another compromise plan for breaking a consolidated school system into several districts.
The organization at the forefront of the NoBaby campaign, Girls Inc. of Memphis emerged in the national spotlight last week when NBC news outlets reported on teen pregnancy rates at Frayser High School.
On what turned out to be a school day with snow in the afternoon, the Shelby County Schools board had a lot on its agenda last week.
2514 Kentucky Drive, Memphis, TN 38106, Sale Amount: $2.4 million -
Louis Dreyfus Commodities Memphis Warehousing LLC has bought two parcels from Westside Compress Co. Inc. for $2.4 million.
Recently, I caught a morning news program and found myself completely amazed by the rhetorical skill of a particular bearish money manager emphasizing an obscure market variable. As his argument progressed, it became clearer to me that his fact set was flawed.
MEMPHIS AREA
MEMPHIS (AP) – Shipping company FedEx Corp. said Monday it started a Deep Frozen Shipping Solution to ship temperature-sensitive healthcare products around the world.
REGIONAL
JACKSON, Miss. (AP) – The Mississippi Religious Leadership Conference is asking lawmakers to put payday lenders out of business in the state.
NATIONAL BUSINESS
NEW YORK (AP) – Drugstore operator and pharmacy benefits manager CVS Caremark Corp. said Monday that Larry Merlo will succeed Thomas Ryan as CEO on March 1, about two months earlier than expected.
NEW YORK (AP) – Bank of America Corp. on Monday launched an initiative targeting what it calls "mass affluent" customers with $50,000 to $250,000 in investable assets.
NEW YORK (AP) – RadioShack said Monday its chairman and CEO Julian Day is leaving and announced disappointing fourth-quarter guidance that sent shares down 12 percent in midday trading.
WASHINGTON (AP) – Industry economists say the U.S. economic recovery is gaining strength, with more firms expressing positive hiring plans than in over a decade.
NATIONAL POLITICS
WASHINGTON (AP) – Senate Republicans want to box majority Democrats into allowing a health care repeal vote even if GOP lawmakers expect to be on the losing side.
SCHENECTADY, N.Y. (AP) – More than half the nation disapproves of President Barack Obama's policies to reduce stubbornly high unemployment, a new Associated Press-GfK poll said Friday as Obama refocused his job-creation efforts on a business-friendly vision emphasizing innovation and exports to other countries.
WASHINGTON (AP) – Few expect any major shifts when the Federal Reserve's policymaking panel meets this week, even though two of its new voting members have been skeptics of the Fed's $600 billion Treasury bond purchase plan.