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Editorial Results (free)

1. AutoZone Posts Positive Q1 2018 Results -

A few weeks ahead of its annual meeting here set for Dec. 20, Memphis-based auto parts retailer AutoZone Inc. has kicked off its fiscal 2018 with better-than-expected earnings for the first three months of the year.

2. AutoZone Closing Book on Unusual 2017 Performance -

A new Raymond James analyst report covering the auto parts industry suggests a few slightly concerning trends for retailers like AutoZone Inc., including a decrease in the growth rate of vehicle miles driven and an uptick in gas prices.

3. AutoZone Reports Mild Fiscal Fourth Quarter -

Memphis-based auto parts retailer AutoZone Inc. continues to find itself in an environment that’s unusual for the company and one that it’s not accustomed to, with the company’s fiscal fourth quarter sales bearing that out.

4. AutoZone’s Engine Starting to Stall -

AutoZone’s stock price is pointed in the opposite direction it’s been accustomed to for years now. Shares of the Memphis-based auto parts retailer are down more than 30 percent since the end of January. Needless to say, that’s an unusual place for the company, which continues to open new stores at a steady clip.

5. Gladney’s Career Path Leads to New Role at Commercial Bank & Trust -

When she was a freshman in high school, an English teacher identified Andrea Gladney’s writing talent and encouraged it. She loved to read and write, so it only seemed logical to start her college life at Ole Miss as an English major.

6. Gladney’s Career Path Leads Her To New Role at Commercial Bank & Trust -

When she was a freshman in high school, an English teacher identified Andrea Gladney’s writing talent and encouraged it. She loved to read and write, so it only seemed logical to start her college life at Ole Miss as an English major.

7. The Week Ahead: May 29-June 4 -

Hello, Memphis! Memorial Day is the unofficial start of summer, and there’s no shortage of activities to get you outside to celebrate. Whether you’re looking for something to do with the kids or already need a break to chill with other adults, we’ve got you covered in The Week Ahead…

8. Last Word: Sticker Shock Questions, Council Day Recap and Mueller's Move -

It’s not the final vote on the county property tax rate. But Monday’s acceptance by the Shelby County Commission of the state-certified property tax rate is an important insight into how the state and local governments get together on setting a tax rate that takes into account changes in overall property values from the countywide property reappraisal to set a tax rate that produces the same amount of revenue as the current rate.

9. AutoZone Downgraded After Disappointing Q3 -

Analysts downgraded shares of auto parts retail giant AutoZone on Tuesday, May 23, after the company reported a second straight quarter of weaker earnings and sales for its fiscal third quarter.

Raymond James Financial Inc. lowered its rating on AutoZone’s stock from “strong buy” – which it attached to AutoZone back in September 2007 – to “market perform.”

10. Commercial Bank & Trust Taps Community President -

Commercial Bank & Trust Co. has tapped Andrea Gladney as its new community president for the Memphis market.

11. Revolution Partners Quietly Growing But Holding On to Client-First Mindset -

A conversation with Revolution Partners CEO Brian Fowler about the wealth management firm he and his team have been quietly growing since its launch in 2014 eventually turns philosophical, to encompass ideas like time, values, how to identify the things that matter.

12. Commercial Bank and Trust Names Community President -

Commercial Bank and Trust Co. has tapped Andrea Gladney as its new community president for the Memphis market.

13. Investing Costs Fall Again: Fidelity, Schwab Cut Commissions -

NEW YORK (AP) – It keeps getting cheaper to invest.

Fidelity on Tuesday became the latest company to cut its fees in an ongoing industry battle that's helped mom-and-pop investors keep more of their own dollars. Rival Charles Schwab matched the price cut in a matter of hours.

14. AutoZone Reports ‘Challenging’ Q2 Results -

AutoZone’s results for the second quarter represented a bit of a slowdown for the auto parts and accessories retailer, with the company’s CEO using adjectives like “challenging” to describe the three-month period in which earnings and same-store sales were somewhat muted.

15. Moorman Named Chief Scientist at Ducks Unlimited -

Tom Moorman has been named chief scientist of Memphis-based Ducks Unlimited, the world’s largest nonprofit dedicated to conserving North American waterfowl habitats. Moorman, who will take over from retiring chief scientist Scott Yaich on March 1, has worked for DU for more than 25 years, most recently serving as head of its 13-state Southern Region.
As chief scientist, Moorman will serve as DU’s leader on waterfowl and habitat science, provide vision and direction in addressing DU’s science needs and ensure it maintains its standing and credibility as a top-notch science-based organization.

16. Final Goodbye: Roll Call of Some of Those Who Died in 2016 -

Death claimed transcendent political figures in 2016, including Cuba's revolutionary leader and Thailand's longtime king, but also took away royals of a different sort: kings of pop music, from Prince and David Bowie to George Michael.

17. Fred's, A Small Drugstore Chain, May Become National Player -

NEW YORK (AP) – Fred's, a small regional drugstore chain from Memphis, Tennessee, had a very good week last week.

It all started Tuesday, Dec. 20, when Fred's said it would pay $950 million to buy 865 stores that Rite Aid needed to sell in order to appease anti-trust regulators and close its $9.4 billion buyout deal with Walgreens Boots Alliance Inc.

18. Renasant Corp. Kicks Off Common Stock Offering -

For the parent company of Renasant Bank, now looked like the perfect time to kick off a common stock offering that will bring more than $75 million into the company’s coffers.

19. AutoZone Revs Up Net Income By 8 Percent -

The first significant cold snap of the season is at hand, something that might leave most people resigned to the corresponding inconveniences but nonetheless excites AutoZone chairman, president and CEO Bill Rhodes.

20. AutoZone Grows Quarterly Profit 6.4 Percent -

For 40 straight quarters now, Memphis-based auto parts retailer AutoZone has delivered double-digit earnings per share growth.

The company during its just-ended quarter grew its net income 6.4 percent over the year-ago period to $426.8 million. Earnings per share grew 12.2 percent to $14.30 per share.

21. OB-GYN Shweta Patel Joins Adams Patterson Gynecology -

Dr. Shweta Patel has joined Adams Patterson Gynecology & Obstetrics as a board-certified obstetrician and gynecologist. Patel, who’s a lieutenant commander of the Medical Corps of the United States Navy, comes to Adams Patterson after serving as a naval medical officer and sexual assault response liaison at Walter Reed National Military Medical Center.

22. Brooks Museum Celebrates Artist Carroll Cloar -

The Memphis Brooks Museum of Art is celebrating artist Carroll Cloar with the opening of a new gallery, a bike ride called the Tour de Cloar and a new giving level.

It stems in part from the museum seeing the success of the 2013 exhibition “Crossroads of Memory: Carroll Cloar and the American South.” The new Carroll Cloar Gallery opens to the public Sept. 24. The museum is also hosting Tour de Cloar for museum members that same day.

23. Mallory Alexander Adds To Executive Team -

Robert “Bob” E. Mallory has been appointed chief administrative officer for Memphis-based supply chain specialist Mallory Alexander International Logistics.

Mallory will be based in Memphis and will focus on developing programs to drive company growth through expansion and acquisitions. He is a member of the fifth-generation family that owns the Mallory Alexander company, and he has more than 20 years of international sales experience in former positions at Morgan Keegan & Co. and Raymond James Financial.

24. Mallory Alexander Adds To Executive Team -

Robert “Bob” E. Mallory has been appointed chief administrative officer for Memphis-based supply chain specialist Mallory Alexander International Logistics.

Mallory will be based in Memphis and will focus on developing programs to drive company growth through expansion and acquisitions. He is a member of the fifth-generation family that owns the Mallory Alexander company, and he has over 20 years of international sales experience in former positions at Morgan Keegan & Co. and Raymond James Financial.

25. Pinnacle Financial Forms Local Investment Group -

Pinnacle Financial Partners has formed an investment management group in Memphis.

The firm has hired two investment management professionals to advise clients as part of that new group. They are Pinnacle Asset Management senior vice president and financial consultant Brooks Fowler and registered sales assistant Robbin Gibson.

26. Pinnacle Financial Launches Investment Group in Memphis -

Pinnacle Financial Partners has formed an investment management group in Memphis.

The firm has hired two investment management professionals to advise clients as part of that new group. They are Pinnacle Asset Management senior vice president and financial consultant Brooks Fowler and registered sales assistant Robbin Gibson.

27. Downtown Office Market Picking Up, Industrial Market Could Get Hotter -

Memphis’ office and industrial markets saw strong second quarters, with increased absorption and positive outlooks for the rest of the year.

The quarter was dominated by ServiceMaster Global Holdings’ announcement that it was moving its headquarters from East Memphis to the shuttered Peabody Place mall. The home services and tech company will transform the former mall into a $27 million, Class A office building.

28. Humane Society Seeks New Leader After Terminating Director’s Contract -

The Humane Society of Memphis and Shelby County has terminated executive director Andrew Jacuzzi’s contract and retained Amy Howell as consulting interim director.

29. The Week Ahead: June 6-12 -

Time to get this week started, Memphis! There’s plenty to keep you busy in this week’s roundup of need-to-know happenings, from the 50th anniversary of a seminal civil rights moment to a blast from the '80s-movie past...

30. AutoZone Third-Quarter Results Miss Expectations -

Memphis-based auto parts retailer AutoZone Inc. knows how to grow its net sales, manage its balance sheet, handle shareholder capital and do a host of other things that have helped it generate an unbroken string of double-digit earnings per share growth the past 39 quarters.

31. Last Word: $4.8 Billion of TNT, North Parkway Complications and Graceland West -

FedEx sets a date next week for its acquisition of TNT Express – a $4.8 billion deal that was approved by TNT shareholders Wednesday.

32. Raymond James Fined $17M for Anti-Money Laundering Lapses -

WASHINGTON (AP) – Industry regulators have fined Raymond James $17 million, accusing the financial services firm of widespread failures in its controls against money laundering.

33. Raymond James Tower Rappel to Benefit Orphanos -

An upcoming fundraiser is giving thrill-seekers the chance to rappel down the 289-foot Raymond James Tower while supporting orphans and children around the world.

Memphis nonprofit Orphanos and Madison Realty, which owns the 21-story Downtown tower, have partnered for Over the Edge Memphis, scheduled for April 22-23.

34. Raymond James Tower Rappel Will Benefit Orphanos -

An upcoming fundraiser is giving thrill-seekers the chance to rappel down the 289-foot Raymond James Tower while supporting orphans and children around the world.

Memphis nonprofit Orphanos and Madison Realty, which owns the 21-story Downtown tower, have partnered for Over the Edge Memphis, scheduled for April 22-23. The event encompasses four fundraising rappel challenges open to adults 18 and older who weigh 110 to 300 pounds.

35. FedEx CEO Downplays Amazon ‘Industry Disruption’ -

FedEx Corp. founder and CEO Fred Smith never said the word “Amazon,” but the e-commerce giant was clearly on his mind Wednesday.

Smith addressed speculation about “industry disruption” by Amazon from the outset of Memphis-based FedEx’s quarterly earnings conference call. He also defended the Trans-Pacific Partnership trade agreement, noting that both of the frontrunners for the Democratic and Republican presidential nominations are opposed to it.

36. AutoZone Sees 8 Percent Gain in Second-Quarter Profit -

When gas prices are low and falling, consumers who have more money in their wallet to spend on other things than fueling up aren’t the only ones who are happy.

It’s also a data point that makes its way into presentations by AutoZone Inc. executives, as it did when the company walked through its second quarter results Tuesday, March 1, which reflected another period of gains in profit, net sales, store count and earnings per share for the company.

37. Murphy Joins Paragon’s Aircraft Lending -

Ronald Murphy has joined Paragon Bank as vice president, aircraft lending. Murphy – who worked at Paragon from 2005 to 2008 as senior vice president, aircraft lending – will originate and service aircraft loans for the bank by developing relationships with dealers, brokers and end users of business aircraft.

38. Gourmade Food Truck a Labor of Love for Creator -

Jared Richmond admits he’s one of “those” kinds of restaurant patrons, a lover of food and of the food experience who sweats the details at places he visits and constantly has an eye for things that could be improved and that he’d have done differently.

39. AutoZone Profit, Sales Up in Latest Quarter -

Ahead of its annual meeting in Memphis next week, AutoZone’s fiscal first-quarter results for the period ended Nov. 21 showed the car parts retailer working to deliver on its 2016 operating mantra: “Yes, we’ve got it.”

40. Memphis to Host Back-to-Back Transportation Conferences -

On Thursday, Dec. 10, Memphis’ status as a logistics hub and its future in inner-city transportation will be debated.

The University of Memphis will be hosting two back-to-back free conferences at the FedEx Institute of Technology. The Intermodal Freight Transportation Institute will host its ninth annual conference, dubbed The State of Freight, from 7:30 a.m. to noon, and the newly established University of Memphis Design Collaborative will host the Workforce to Work Transportation Summit from noon to 4:30 p.m.

41. Analysis: AutoZone Firing on All Cylinders, But Still Room for a Tune-Up in Places -

AutoZone finds itself in a position at the moment that any retailer would surely envy.

One of Memphis’ most successful, industry-leading homegrown companies, it’s also one of the largest auto parts retailers in the country and something of a Wall Street darling with a stock price that’s tended to consistently move up and to the right.

42. Why Optimism About the US Economy's Strength Has Dimmed -

WASHINGTON (AP) — Consumers, fueled by job growth, cheaper gas and higher home values, would drive the U.S. economy through a global slump.

That was the widespread hope just a few months ago. Now, doubts are growing that the United States can withstand economic pressures flowing from overseas. Economies in China, Canada, Brazil and Europe are struggling. Canada, the largest U.S. trading partner, is in recession.

43. Komen Race for the Cure Finalizes Downtown Course -

The Memphis-MidSouth Susan G. Komen Race for the Cure, slated for Oct. 31, has finalized the route for its first Downtown 5K race, certified by the Road Running Technical Council.

Starting and finishing at AutoZone Park, the route will lead more than 15,000 participants to Front Street, passing the University of Memphis Cecil C. Humphreys School of Law and Raymond James tower. It then will continue to Riverside Drive and up Beale Street, passing Beale Street Landing, The Orpheum Theatre, the new Hard Rock Cafe and BB King’s Blues Club.

44. Komen Race for the Cure Finalizes Downtown Course -

The Memphis-MidSouth Susan G. Komen Race for the Cure, slated for Oct. 31, has finalized the route for its first Downtown 5K race, certified by the Road Running Technical Council.

Starting and finishing at AutoZone Park, the route will lead more than 15,000 participants to Front Street, passing the University of Memphis Cecil C. Humphreys School of Law and Raymond James tower. It then will continue to Riverside Drive and up Beale Street, passing Beale Street Landing, The Orpheum Theatre, the new Hard Rock Cafe and BB King’s Blues Club.

45. AutoZone Profit Up 7.4 Percent in Fiscal Fourth Quarter -

Memphis-based auto parts retailer AutoZone Inc. has been scoring double-digit earnings-per-share growth every quarter for nine years running, a trend that predates Apple’s introduction of the first iPhone in 2007.

46. Raymond James Hosting Dunk-for-the-Cure Fundraiser -

Raymond James will host a Susan G. Komen Memphis-MidSouth fundraiser in Downtown Memphis Friday, Aug. 21.

The public Dunk-for-the-Cure event will offer participants a chance to bid on dunk-tank attempts. Special guests on tap for the tank include Downtown Memphis Commission president Paul Morris, Memphis Grizzlies general manager Chris Wallace and St. Jude AutoZone Liberty Bowl executive director Steve Ehrhart.

47. Wunderlich Taps New General Counsel -

Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.

He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.

48. Wunderlich Taps New General Counsel -

Memphis-based investment firm Wunderlich Securities has named James Ritt as its new chief compliance officer and general counsel.

He has 30 years of experience in the securities industry, including serving as general counsel for Memphis-based Morgan Keegan from 1998 to 2012. More recently, he served as general counsel and chief legal officer for Birmingham-based Sterne Agee Group from 2012 to 2014.

49. Salomon Joins Harkavy Shainberg -

Jason D. Salomon, one of the 25 lawyers in Tennessee certified as an estate planning specialist, has joined Harkavy Shainberg Kaplan & Dunstan PLC as a member of the firm.
Salomon focuses his practice primarily in the areas of estate planning, trust implementation and probate administration. He also addresses issues regarding disability planning, elder law, nonprofits and small-business succession.

50. Stock-Buyback Programs Hit Record Pace -

If this was a poker game, it could be said that American companies are doubling down – repurchasing their own stock at a record pace instead of betting on new, outside investments.

TrimTabs Investment Research calculated that companies had announced plans to buy back $133 billion of their own stock in April. That was a new monthly high.

51. AutoZone Reports Quarterly Revenue, Earnings Increase -

AutoZone Inc. reported Tuesday morning a 35th consecutive three-month period of double-digit earnings per share growth.

52. AutoZone Executives Talk Up Growth Prospects -

AutoZone chairman, president and CEO Bill Rhodes doesn’t often participate in investor roadshows.

The meetings between a company’s executives and analysts who cover that company’s stock can serve up insights not always found during the more formal question-and-answer sessions that accompany earnings presentations.

53. Analyst Downgrades Apple Shares as Smartwatch Goes on Sale -

NEW YORK (AP) – As consumers trekked to Apple stores to try on the company's smartwatch for the first time, a Raymond James analyst downgraded shares of the tech giant, saying its first product launch under CEO Tim Cook poses "more risk than reward."

54. Race For the Cure Moving to Downtown Memphis -

The annual Susan G. Komen Memphis-MidSouth Race For the Cure is moving Downtown in October.

The race – which was held in Collierville last year – will start and end at AutoZone Park October 31 and take in Riverside Drive as well as the Beale Street entertainment district. Sponsorships from Raymond James, AutoZone and the Memphis Redbirds are behind the move.

55. Susan G. Komen Race Moving To Downtown Memphis -

The annual Susan G. Komen Memphis-MidSouth Race For the Cure is moving Downtown in October.

The race – which was held in Collierville last year – will start and end at AutoZone Park October 31 and take in Riverside Drive as well as the Beale Street entertainment district. Sponsorships from Raymond James, AutoZone and the Memphis Redbirds are behind the move.

56. Komen Race Moves Downtown -

The annual Susan G. Komen Memphis-MidSouth Race For the Cure is moving Downtown in October.

The race – which was held in Collierville last year – will start and end at AutoZone Park October 31 and take in Riverside Drive as well as the Beale Street entertainment district. Sponsorships from Raymond James, AutoZone and the Memphis Redbirds are behind the move.

57. Memphis Industrial Portfolio Sells for $86.3 Million -

A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $86.3 million, one of the largest transactions ever recorded in the Memphis market.

Welsh Property Trust acquired the six-building, 2.3 million-square-foot portfolio from DCT Industrial Trust in a sale that was finalized last week. Built between 1998 and 2001, the six buildings are located in the Eastpark, Chickasaw and Southpoint Industrial Parks. The purchase price breaks down to about $37 per square foot.

58. Memphis Industrial Portfolio Sells for $82.6 Million -

A Minnesota-based real estate investment trust has acquired a large Memphis industrial portfolio for $82.6 million, one of the largest transactions ever recorded in the Memphis market.

Welsh Property Trust acquired the six-building, 2.3 million-square-foot portfolio from DCT Industrial Trust in a sale that was finalized last week. Built between 1998 and 2001, the six buildings are located in the Eastpark, Chickasaw and Southpoint Industrial Parks. The purchase price breaks down to about $37 per square foot.

59. Raymond James Tower Fetches $20 Million -

How much is a 21-story skyscraper overlooking the Mississippi River worth? About $1 million a floor.

New York-based investor Jacob Sofer will pay Parkway Properties around $20 million for the Raymond James Tower at 50 N. Front St. Downtown, according to several people with knowledge of the transaction. The Shelby County Assessor of Property’s 2014 appraisal for the 340,000-square-foot building is $24 million.

60. Fairgrounds TDZ Agreement Getting Closer -

The deal to win Shelby County government’s backing of Memphis Mayor A C Wharton’s plan for a Fairgrounds Tourism Development Zone is getting more complex.

The latest version outlined Tuesday, Jan. 20, at City Hall still includes a city guarantee to make up any sales tax revenue that would normally go to fund local public schools that might be lost to financing the reconfiguration of the Fairgrounds.

61. Council Approves Schools Deal, Appoints Boyd -

Two weeks after they ignored a proposed $43.1 million settlement of the six-year old schools funding legal standoff, Memphis City Council members Tuesday, Jan. 20, approved a $41.8 million settlement with Shelby County Schools.

62. New York Investor to Buy Raymond James Tower -

A New York-based investor is under contract to purchase the Raymond James tower on Front Street Downtown, one of the most recognizable office buildings in the city.

63. Commercial Success -

If, as the saying goes, everyone gets 15 minutes of fame, Bart Durham’s has come in 15- and 30-second spurts – the length of the commercials that depict him as a lawyer everyman, ever-ready to tilt at windmills for the sake of justice for the working class.

64. AutoZone Net Income Up 9.3 Percent -

AutoZone kicked off its new fiscal year with another quarter of growth, posting increases in same-store sales and earnings per share that are typical of earning announcements from the Memphis-based auto parts retailer.

65. KPMG Signs Lease In East Memphis -

After a year-long study of different options, audit, tax and advisory firm KPMG has made its move from Downtown to East Memphis official with its announcement today of the signing of a 10-year 3-month lease at Highwoods Properties’ Triad Centre III at 6070 Poplar Ave.

66. KPMG Signs Lease in East Memphis -

After a year-long study of different options, audit, tax and advisory firm KPMG has made its move from Downtown to East Memphis official with its announcement today of the signing of a 10-year 3-month lease at Highwoods Properties’ Triad Centre III at 6070 Poplar Ave.

67. KPMG Signs Lease in East Memphis, Leaving Downtown -

After a year-long study of different options, audit, tax and advisory firm KPMG has made its move from Downtown to East Memphis official with its announcement today of the signing of a 10-year 3-month lease at Highwoods Properties’ Triad Centre III at 6070 Poplar Ave.

68. 15 Apply to Fill Chancery Vacancy -

A field of 15 Memphis attorneys applied to become the newest Chancery Court judge as Chancellor Kenny Armstrong moves to a seat on the state appeals court in a week.

69. AP Survey: Fed's Outlook Correct but Not Solution -

WASHINGTON (AP) – Economists appear to be of two minds about the Federal Reserve.

They agree with the Fed that the job market still isn't healthy. Yet the latest Associated Press survey of economists finds that most fear the Fed will wait too long to raise interest rates and thereby risk stoking inflation or creating asset bubbles.

70. 15 Apply to Fill Chancery Court Vacancy -

A field of 15 Memphis attorneys applied to become the newest Chancery Court judge as Chancellor Kenny Armstrong moves to a seat on the state appeals court in a week.

71. Field of 15 Apply for Chancery Court Judge -

A field of 15 Memphis attorneys applied to become the newest Chancery Court Judge as Chancellor Kenny Armstrong moves to a seat on the state appeals court in a week.

72. Bull Market -

From his office on the 21st floor of the Raymond James tower Downtown, John C. Carson Jr. has a sweeping view of the Mississippi River as it rolls by the Bluff City.

73. ‘Significant Headwinds’ -

When Gov. Bill Haslam joined local economic development and civic officials at FedExForum in January to announce that Conduit Global would open a call center in Shelby County that would employ 1,000 people over the next three to five years, it provided a much-needed boost to the local office real estate sector.

74. Raymond James Recommits to Downtown -

Raymond James is extending its commitment to Downtown Memphis, where the investment firm will remain a key part of the city’s skyline for at least another decade.

The firm has reached a deal with Parkway Properties to extend its lease on the Raymond James Tower at 50 N. Front St. until March of 2024.

75. FedEx Seeks Office Space as Needs Shift -

FedEx Corp. is currently looking for 25,000 square feet of office space in the Memphis market, according to several real estate brokers.

76. AutoZone Quarterly Profit Rises 7.4 Percent -

Memphis-based AutoZone Inc. has enjoyed double-digit earnings per share growth every quarter since the latter part of the administration of President George W. Bush – 31 straight quarters, to be precise.

77. Shelby Farms Files $25 Million Permit for Lake Expansion -

500 Pine Lake
Memphis, TN 38134
Permit Cost: $25 million

Project Cost: $52 million
Permit Date: Applied May 2014
Completion: June 2016
Owner: Shelby Farms Park Conservancy
Tenant: Shelby Farms Park Conservancy
Architect: james corner field operations
Contractor: Montgomery Martin Contractors LLC
Details: The Shelby Farms Park Conservancy has filed a $25 million permit with the city-county Office of Construction Code Enforcement to expand Patriot Lake.

78. FedEx Consolidates Office Space -

For months, commercial real estate brokers have been watching closely for any signs that might hint at what FedEx Corp. and its subsidiaries will do with the hundreds of thousands of square feet of commercial space the Memphis-based company leases across the area.

79. Harris Files Ford Challenge at Deadline -

Memphis City Council member Lee Harris is challenging Democratic state Sen. Ophelia Ford in the August primary for District 29, the Senate seat held by a member of the Ford family since 1975.

80. Events -

B.I.G. for Memphis, a business interest group that connects Memphis Police colonels and business leaders, will meet Wednesday, March 26, from 9:45 a.m. to 11:30 a.m. at Phelps Security, 4932 Park Ave. Laura Vaughn, community chapter executive for the American Red Cross, will present “Creating Resiliency Through Preparedness.” Visit phelpssecurity.com.

81. Events -

The Memphis Challenge will kick off its Power Lunch Series, which connects young professionals with peers and industry leaders, Wednesday, March 26, from 11:30 a.m. to 1 p.m. at EmergeMemphis, 516 Tennessee St. Leanne Scull, vice president, investments for Raymond James, will present “What is Your Financial Well-Being.” Tickets are $25. Visit memphischallenge.org.

82. Events -

Rhodes College will host Maud Manzel for a Communities in Conversation lecture titled “Muslims and Jews in France: History of a Conflict,” Monday, March 24, at 6 p.m. in the McCallum Ballroom of the Bryan Campus Life Center on campus, 2000 North Parkway. Reception begins at 5:30 p.m. Cost is free. Visit rhodes.edu.

83. Eddleman Joins Family Safety Center -

Vernetta Eddleman has joined the Family Safety Center, Memphis and Shelby County’s center for victims of domestic violence, as director of client services.

In her new role, Eddleman will be responsible for the planning, design, development and management of client services, and will also supervise and train staff and partner agency providers in delivering quality care to victims and their families.

84. AutoZone Grows Sales, Net Income in 2nd Quarter -

Whenever AutoZone Inc. chairman, president and CEO Bill Rhodes presents the company’s quarterly earnings to analysts, it’s never long before he starts talking about the weather.

85. Buzz Around Spec Office Space Starts to Swirl -

International Paper Co.’s new office tower in East Memphis is under construction now, but it’s been four years since the last speculative office building opened its doors in Memphis.

86. For Love of the Game, Indeed -

“I’ve never been humbled by anything like baseball. And I’ve been humbled more coaching than playing.”  – Jonathan Lyons, former college and minor-league pitcher and now a coach of a 12-and-under competitive team

87. Butler Sevier Law Firm Expands Downtown -

Butler, Sevier, Hinsley & Reid PLLC law firm has expanded its presence at 88 Union Ave.

88. Microsoft Names Cloud Computing Chief as Next CEO -

LOS ANGELES (AP) – Microsoft has named the head of its cloud computing business as the company's next CEO, tapping a longtime insider to lead efforts to catch rivals in mobile devices and offer more software and services over the Internet.

89. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

90. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

91. KBM Group Growing at Clark Tower -

A digital marketing agency is expanding at Clark Tower in East Memphis.

KBM Group, which is part of Wunderman/WPP, one of the world’s largest marketers, is expanding at Clark Tower less than a year after moving into the East Memphis office building, 5100 Poplar Ave.

92. Midtown Medical Office Building Sells for $2.6 Million -

A partnership of two Utah-based companies has acquired a medical office building on Union Avenue near Overton Square.

Trivalis LLC and Novalis LLC, both based in Utah, acquired the medical office building built in 1967 at 2076 Union Ave., next door to the IHOP restaurant, for $2.6 million. The property, at the corner of Union Avenue and Florence Street, was appraised at $1.3 million in 2013, according to the Shelby County Assessor of Property’s office. The sellers, Missouri-based Roundabout Real Estate LLC and Visual Projects LLC, acquired the property in 2008 for $2 million.

93. Raymond James Looks to Sublease Space -

Raymond James Financial Inc. is marketing space it has vacated at its 21-story Downtown office tower for subleasing opportunities as the company continues to evaluate its real estate needs.

94. Banner Year for East Memphis Office Space -

The Memphis office real estate market began showing signs of life in 2013, with the market for Class A office space in the East Memphis submarket fueling the resurgence.

While the city’s overall office market numbers may not appear very strong, the city’s most desired office submarket – East Memphis around Poplar Avenue and Interstate 240 – began showing strong signs of improvement in the second half of the year.

95. AP Survey: US Income Gap is Holding Back Economy -

WASHINGTON (AP) – The growing gap between the richest Americans and everyone else isn't bad just for individuals.

It's hurting the U.S. economy.

So says a majority of more than three dozen economists surveyed last week by The Associated Press. Their concerns tap into a debate that's intensified as middle-class pay has stagnated while wealthier households have thrived.

96. AutoZone Posts 7.2 Percent Gain in Profit -

Memphis-based AutoZone Inc. saw its profit rise 7.2 percent during the company’s just-ended fiscal first quarter, a strong start to the company’s new year that equated to a $14.6 million increase in net income over the same period in 2012.

97. AutoZone Park Terms Move Into Focus -

The St. Louis Cardinals would pay the city of Memphis $300,000 a year for 17 years to use AutoZone Park, and the major league franchise’s front office would operate AutoZone Park for the city through a limited liability corporation owned by the St. Louis Cardinals during that time.

98. Raymond James Donating $430,000 in Memphis -

Raymond James Financial Inc. will distribute more than $430,000 in Memphis as part of the company’s distribution of $4.3 million around the country through its annual United Way giving campaign.

99. Raymond James Donating $430,000 in Memphis -

Raymond James Financial Inc. will distribute more than $430,000 in Memphis as part of the company’s distribution of $4.3 million around the country through its annual United Way giving campaign.

100. Leases Push Renaissance Center Near Capacity -

The Renaissance Center office building in East Memphis should be near capacity early next year, following a series of recent lease signings.

Financial Federal signed a lease on Tuesday, Nov. 20, to occupy 27,000 square feet on the first and second floors of the Renaissance Center, 1715 Aaron Brenner Drive. In addition to the new location, the growing financial firm will have signage atop the East Memphis office building along Poplar Avenue east of Interstate 240.