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VOL. 125 | NO. 235 | Friday, December 3, 2010

Dunavant Poised for New Future in Logistics

After more than four decades in the cotton business, Dunavant Enterprises Inc. has officially shifted gears.

'High Regard'

Local delegates respect state’s next House speaker

As chairwoman of the Tennessee Republican Party, Beth Harwell targeted Memphis Democratic state Rep. Mike Kernell by recruiting candidates to run against him.

FedEx Returns as PGA Event Sponsor

FedEx is returning as title sponsor of the St. Jude Classic for 2011.

Aces Increases Presence With Two Leases

Aces A/C Supply North has recently signed two leases in the region – one in Memphis and one in Jackson, Tenn.

VeinViewer Evaluated in Peer-Reviewed Journal

The findings of the first peer review of a vein-viewing device manufactured by Memphis-based Christie Medical Holdings Inc. reports the device improves vascular success and is well-received by patients and staff.

U of M Seminar Stresses Importance of Estate Planning

The prospect of dying or becoming incapable of making important life decisions because of a health issue is not something most people like to think about.

Talks Continue on City Schools Charter Surrender

Memphis Mayor A C Wharton Jr. plans to talk with Memphis City Schools (MCS) board members before they take any vote on surrendering their charter.

Robertson Eager to Help Revitalize Memphis Neighborhoods

Eric Robertson gets excited when he thinks about the future of Memphis. That’s because he knows he’ll be a part of its development.

Drawing Connections

Around here, if you look closely, you’ll find a connection.

The Logistics of Thank You

Editor’s Note: This is part two of a two-part series

County Atty: Jackson Put Strong-Arm On Clerk Employees

The same day last month that General Sessions Court Clerk Otis Jackson called his employees to a “mandatory” meeting about his political ambitions, one of those employees reported him to the Shelby County attorney’s office.

Memphis Bar Names Annual Award Winners

Attorney John Cannon took the gavel Thursday as the incoming president of the Memphis Bar Association at Thursday’s MBA annual meeting at The Racquet Club.

STATEWIDE

GOP Panel to Weigh Tenn. Party Registration Plan

NASHVILLE, Tenn. (AP) – The executive committee of the state Republican Party is expected to consider a proposal Saturday to require party registration to vote in Tennessee primaries.

REAL ESTATE

Foreclosures Made Up 25 Pct of US Home Sales in Q3

LOS ANGELES (AP) – The worst summer for home sales in decades also put a chill on foreclosure sales, even as the average discounts on the distressed properties got bigger compared with other types of homes.

Signed Contracts to Buy Homes up 10.4 Pct. in Oct.

WASHINGTON (AP) – The number of people who signed contracts to buy homes jumped in October, marking the third gain since contract signings hit a decade low.

Mortgage Rates Rise to 4.46 Pct. as Economy Lifts

WASHINGTON (AP) – Rates on fixed mortgages edged up again this week after hitting their lowest level in decades last month.

NATIONAL BUSINESS

November Auto Sales Show Industry in Recovery

DETROIT (AP) – After a year of watching auto sales slowly increase month by month, industry executives are finally willing to firmly declare that the U.S. market is in recovery.

Holiday Shoppers Came Out to Spend in November

NEW YORK (AP) – Generous discounts lured American to stores and online for holiday gifts in November, providing cheer and delivering the best gains for retailers in four years.

Target November Sales Figure Beats Expectations

MINNEAPOLIS (AP) — Discount retailer Target Corp. said Thursday more shoppers came to its stores in November and spent more than a year earlier, helping a key revenue figure rise 5.5 percent during the month, more than expected.

Dillard's Key Nov. Revenue Figure Up, Tops Street

LITTLE ROCK, Ark. (AP) Dillard's Inc. said Thursday that revenue at stores open at least a year rose 8 percent in November, benefiting from strong sales of shoes and juniors' and children's clothing.

Grocer Kroger Rings Up Q3 Profit

CINCINNATI (AP)Kroger Co. rang up better sales and returned to third-quarter profitability behind a focus on building customer loyalty in a rough economy, but the nation's largest traditional grocery operator says shoppers remain cautious.

NATIONAL POLITICS

Negotiators Work on Tax Deal as House Passes Bill

WASHINGTON (AP) — The House has passed a bill to extend middle-class tax cuts while letting those for the wealthy expire, even as talks continue on extending the cuts for everyone.

Warren: Credit Markets Need Fundamental Change

WASHINGTON (AP) — The Obama administration official leading the effort to set up a consumer financial protection agency says credit markets need fundamental change to better protect consumers.

White House Presses Congress for Jobless Benefits

WASHINGTON (AP) – The White House is stepping up its push for Congress to extend unemployment insurance for out-of-work Americans, linking the benefits to an extension of expiring Bush-era tax cuts.

Jobless Claims Rise, But Trend Shows Improvement

WASHINGTON (AP) – More Americans applied for unemployment benefits last week, but the broader trend in layoffs points to a slowly healing job market. The average over the past month fell to a two-year low.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 312 16,192
MORTGAGES 0 293 18,685
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 655 33,126
BANKRUPTCIES 0 237 10,737
BUSINESS LICENSES 0 112 5,198
UTILITY CONNECTIONS 0 127 11,344
MARRIAGE LICENSES 0 94 3,867

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