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VOL. 128 | NO. 99 | Tuesday, May 21, 2013

Medtronic Sees Revenue Rise; Spine Sales Falter

Medtronic Inc. said Tuesday, May 21, its fourth-quarter revenue rose, aided by increasing sales of pacemakers and defibrillators. The figure beat expectations from analysts, who had expected demand to wave.

Hopping to It

New bus tour venture showcases city to tourists

Its tagline is Hop On, Tune In and Rock Out. That’s a bite-sized description of what the new Memphis Hop bus service that launched earlier this month, with the goal of whisking Memphians and tourists to several local cultural attractions, is all about.

AutoZone Beats Forecast in Third Quarter

AutoZone Inc.’s just-ended fiscal third quarter results show why it’s a rarity among public companies.

Women’s Health in Tennessee Garners ‘C’ Grade

Women’s overall health in Tennessee improved to a grade of C, but there’s still plenty of room for improvement, according to the Tennessee Women’s Health Report Card.

Commission Approves Certified Tax Rate As Prelude To Tax Debate

Shelby County Commissioners established a certified county property tax rate of $4.32 Monday, May 20, after much debate about what the calculation means in a reappraisal year where reappraisal values went down instead of up or staying roughly even.

Local Weather
Today
Memphis, TN
60°F
Fair
Wind: 5 mph
Humidity: 75%

EVENTS

Memphis Rotary Club will meet Tuesday, May 21, at noon at the University Club of Memphis, 1346 Central Ave. Tim Brown, president of Kroger’s Delta Division, will speak. Cost is $18. R.S.V.P. to Taylor Hughes at taylor@memphisrotary.org.

more events »

City Council Mulls Ending Auto Inspections

Memphis City Council member Lee Harris will propose Tuesday, May 21, exempting Memphis auto owners for two years from required auto emissions inspections.

Haslam Urges Better GOP Campaign Skills Nationally

There were no campaign stickers or push cards at the Shelby County Republican Party’s annual Lincoln Day dinner, but still plenty of hand-to-hand campaigning Friday, May 17, among the crowd of 350 at the University of Memphis Holiday Inn.

Achievement School District Adds High School

The state-run Achievement School District ventures into high school territory in August with the start of its second school year.

GOVERNMENT AGENDA

May 21 Memphis City Council Agenda

The Memphis City Council will meet Tuesday, May 21, at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for an agenda.

REAL ESTATE RECAP

Cresthaven Medical Building Sells for $2.5 Million

1068 Cresthaven Road Memphis, TN 38119

LOCAL COLUMNISTS

Teaching New Dogs Timeless Tricks

You might say that I’m a veteran in the real estate industry. A half a century in the business probably earns me that title. Much has changed since my uncle Russel Wilkinson and partner Robert Snowden founded Wilkinson & Snowden in 1946, the predecessor company to today’s Colliers International office in Memphis. In fact, Russel and Bob were the first to develop industrial real estate of any consequence here. Today there are more than 220 million square feet of industrial space in the Memphis metropolitan market.

STATE GOVERNMENT

Newest Tennessee Court of Appeals Judge Being Sworn In

MORRISTOWN, Tenn. (AP) – Gov. Bill Haslam will administer the oath of office Tuesday to the state's newest Court of Appeals judge, Thomas R. Frierson II.

REGIONAL

Court Won't Get Involved in Mississippi Redistricting

WASHINGTON (AP) – The U.S. Supreme Court won't order new legislative elections in Mississippi, despite a lawsuit that said current lawmakers were chosen in outdated districts that diluted black voting strength.

NATIONAL BUSINESS

United Restarts 787 Flights After Grounding

United Airlines is again flying the 787, four months after smoldering batteries forced the plane to be grounded worldwide.

HEALTH CARE

FDA Has Safety Concerns With Merck Insomnia Drug

WASHINGTON (AP) – Federal health regulators say an experimental insomnia drug from Merck can help patients fall asleep, but it also carries worrisome side effects, including daytime drowsiness and suicidal thinking.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 87 87 14,804
MORTGAGES 80 80 19,410
FORECLOSURE NOTICES 22 22 3,817
BUILDING PERMITS 142 142 35,472
BANKRUPTCIES 62 62 14,096
BUSINESS LICENSES 62 62 5,053
UTILITY CONNECTIONS 99 99 21,532
MARRIAGE LICENSES 37 37 4,594

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