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VOL. 125 | NO. 209 | Wednesday, October 27, 2010

Wharton Files Blight Suits

For months, Memphis Mayor A C Wharton Jr. has been standing outside old homes and warning owners of the vacant decaying properties that the city is coming with attorneys and legal papers.

Consensus Seeker

One year in, Wharton feels ‘right at home’

With a few unscripted remarks in late 2009, Memphis Mayor A C Wharton Jr. laid out what could be considered the theme of his just-ended first year in office.

Norris, Conference Enhance IFTI Mission

When it comes to logistics and distribution capabilities, Memphis’ leverage lies in the four Rs – roads, river, railway and runway.

He’ll Wear Your Shirt to Convey Your Message

When Buzz Aldrin competed against the likes of actress Pamela Anderson and football star Chad Ochocinco on ABC’s “Dancing with the Stars” earlier this year, the former astronaut hired professional T-shirt wearer Jason Sadler of iwearyourshirt.com to help garner votes in hopes of maintaining his spot on the popular reality show.

Outgoing Rep. Tanner Touts 8th District as Bipartisan

Outgoing U.S. Rep. John Tanner of Union City says Congress is a more partisan place than it was 22 years ago when he arrived.

Local Weather
Currently
Memphis, TN
47.0°F
Fair
Wind: Northwest at 9.2 mph
Humidity: 69%

EVENTS

Talk Shoppe will present “Speed Networking: Book Yourself on the Supersonic Flight to Referrals!” Wednesday from 9 a.m. to 10 a.m. at the Better Business Bureau, 3693 Tyndale Drive. For more information, call 482-0354.

more events »

Election Fracas Nearing End

There is still a report from the state election coordinator to come on the Aug. 5 Shelby County elections, but this week’s findings from District Attorney General Bill Gibbons on the problems at the polls across the county that day confirm the controversy and criticism cuts across party lines.

Drake, masterIT Recognized for Innovation

Michael Drake is founder, chairman and chief executive officer of masterIT. masterIT has been named one of North America’s Most Innovative MSPs by Everything Channel’s CRN Magazine. The list recognizes the IT industry’s top 40 managed service providers for their ingenuity, leadership and success.

Quarterly Report: Record Earnings On Horizon

Earnings Bonanza We have now completed a quarter of third quarter’s earnings season. Traditionally, 60 percent of the companies within the S&P 500 top earnings expectations as managements issue conservative guidance followed by better results. Many forecasted a surprise ratio below the historical norm as economic softness threatens revenue growth and efficiency gains become more difficult.

Employees Perk Up For Diverse Reasons

If you’re an outdoorsy person, you may very well have purchased some type of outerwear from Patagonia, a sporting goods company headquartered in Ventura, Calif.

STATEWIDE

Haslam Company Bans Firearms in Lots

NASHVILLE, Tenn. (AP) — Republican gubernatorial candidate Bill Haslam's support for requiring businesses to allow their workers to store guns in vehicles parked on company property conflicts with the policy in place for the 20,000 employees at a chain of truck stops his family owns.

Tea Party Event Seeks to Rally Tenn. Voters

NASHVILLE, Tenn. (AP) — The latest Tea Party rally in Nashville is necessary to spur people to vote conservative candidates into office, Tennessee Republican lawmakers said Tuesday.

REGIONAL

Beebe Tops $5M Mark in Campaign Funds

LITTLE ROCK, Ark. (AP) — Gov. Mike Beebe has raised more than $5 million for his re-election campaign.

MDA Hosts Trade Mission to Central America

JACKSON, Miss. (AP) — The Mississippi Development Authority will lead a delegation of business leaders on a trade mission to Costa Rica and Panama from March 20-26.

Judge Says 'Personhood' Measure Can go on Ballot

JACKSON, Miss. (AP) — A Mississippi judge has ruled that a proposed "personhood" amendment seeking to define life as beginning at conception can be placed before voters in 2011.

NATIONAL BUSINESS

Consumer Confidence Rises Slightly in October

NEW YORK (AP) — Americans’ confidence in the economy stayed stuck in gloomy territory in October, with Wall Street’s gains in recent months not boosting spirits much.

Regions Financial Shares Tumble on Q3 Loss

BIRMINGHAM, Ala. (AP) — Shares of Regions Financial Corp. tumbled on Tuesday after the bank posted a wider-than-expected loss on sales of troubled real estate assets and an increase in charge-offs of bad loans.

BancorpSouth Q3 Profit Down, But Beats Forecasts

TUPELO, Miss. (AP) — Regional banker BancorpSouth Inc. watched its third-quarter earnings drop 47 percent as troubled loans grew, but the profit still handily beat analysts' forecasts, the company reported.

REAL ESTATE

Home Price Index Falls 0.2 Percent in August

WASHINGTON (AP) — Home prices are weakening around the country, even in metro areas that were showing strength earlier in the year.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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