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VOL. 127 | NO. 220 | Friday, November 9, 2012

GTx Rebounds in Third Quarter

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.

Finding the Way

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.

Highpoint Church Buys Briarcrest’s East Memphis Campus

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.

Weirich Taps Myers, McFarland for Top Posts

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 CEO Talks Grizzlies Deal With Analysts

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.

Local Weather
Memphis, TN
Mostly Cloudy
Wind: South at 17.3 mph
Humidity: 77%


Memphis Light, Gas and Water Division will host the 14th annual Business of Service Conference Friday, Nov. 9, from 9 a.m. to 2:30 p.m. in the MLGW training center, 4949 Raleigh LaGrange Road. The conference provides training and networking for grassroots community leaders. Cost is $5. Register at mlgw.com/serviceleaders or 528-4820.

more events »

Norfolk, CB Richard Ellis Memphis Executives Tout Intermodal Yard

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.

School Changes Continue on Many Fronts

There won’t be much waiting around for a federal court ruling with this week’s set of suburban school board elections now decided.


Tigers: Wake-Up Call Comes Early

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.

Challenges Await New Grizzlies Owner

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.


Garland Sells Real Estate to Beat of His Own Drum

Chris Garland was drawn to the hustle and bustle of the real estate business in his early teens.


Boy Scouts Must Honor Own Motto: Be Prepared

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.

Make Sure Your Organization is Mobile

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.


Department of Children’s Services Seeks $8 Million From State

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.


Weekly US Jobless Claims Fall to 355,000

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.

Wal-Mart Raises Stake for Holiday Season's Start

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.


Obama's Health Care Overhaul Turns Into a Sprint

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.

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Blog News, Training & Events
PROPERTY SALES 78 78 13,921
MORTGAGES 93 93 16,098
BUILDING PERMITS 242 242 28,995
BANKRUPTCIES 59 59 8,985

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