VOL. 127 | NO. 220 | Friday, November 9, 2012
Memphis-based biopharmaceutical company GTx Inc. on Thursday, Nov. 8, reported net income of $7.4 million for the third quarter, fueled primarily from $18.8 million in net proceeds from the sale in early October of Fareston, a breast treatment medication.
Concord Academy marks 30 years of individualized student attention
As David Strand was taking a group of eight students through the rigors of algebra in a computer lab at Concord Academy, there were some familiar indicators that usually can be found in any high school algebra class.
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.
Shelby County District Attorney General Amy Weirich has appointed Carter Myers as Deputy District Attorney to fill the position recently held by John Campbell.
Ubiquiti Networks CEO Robert Pera, who’s also the new controlling owner of the Memphis Grizzlies, briefly addressed the completion of the deal and touched on its financing today.
Norfolk Southern Corp.’s most ambitious intermodal terminal to date, the $105 million, 380-acre Memphis Regional Intermodal Facility in Rossville, is making steady progress toward becoming a driving force for industrial development in Tennessee and Mississippi.
There won’t be much waiting around for a federal court ruling with this week’s set of suburban school board elections now decided.
A few weeks ago, an ESPN blogger asked University of Memphis sophomore Adonis Thomas about what the Tigers had learned from their dreadful performance against Saint Louis in last season’s NCAA Tournament loss.
The professional sports clock has its own idea of time. We were reminded of this when NBA Commissioner David Stern came to Memphis for the Grizzlies’ home opener Nov. 5, which also served as a welcoming party for new franchise chairman Robert Pera.
MEMPHIS STANDOUT
Chris Garland was drawn to the hustle and bustle of the real estate business in his early teens.
LOCAL COLUMNISTS
PROTECT THE SCOUTS, NOT THE INSTITUTION. Scouts are at risk, not just from the sick, twisted creatures who would prey on them – documented in print, on air and online – but from adults who have twisted the truth and continue to excuse the inexcusable if not in fact, in effect. Allowing even one of these monsters a pass, not turning them over to the police, is a monstrous crime in and of itself. And the monster grows even larger, even more dangerous with every revelation of omission and every buried file.
Part one of a three-part series. Life has gone mobile. For many, life is lived on the move and cell phones and mobile devices are our guides helping with communication, directions, purchases, music, news updates, videos and more. “Mobile” has become the way much of America is using their computer. IPhones, Androids and BlackBerries are replacing laptops and desktop computers. Tablets and mobile phones are replacing the way that people access the information when they are on the road.
STATE GOVERNMENT
NASHVILLE – The Tennessee Department of Children's Services requested more than $8 million on Thursday to hire new staff and make other improvements to the agency that has been highly scrutinized over children's deaths.
NATIONAL BUSINESS
WASHINGTON (AP) – The number of people seeking unemployment benefits fell last week by 8,000 to a seasonally adjusted 355,000, a possible sign of a healing job market. But officials cautioned that the figures were distorted by Superstorm Sandy.
NEW YORK (AP) – Attention frustrated Black Friday shoppers who can never grab that hot product: Wal-Mart is hoping to relieve some of that anxiety.
HEALTH CARE
WASHINGTON (AP) – The long slog has turned into a sprint. President Barack Obama's health care law survived the Supreme Court and the election; now the uninsured can sign up for coverage in about 11 months.