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Editorial Results (free)

1. Visa Discloses Stake in Dorsey's Company, Square -

NEW YORK (AP) — Shares in the mobile payment services company Square rose sharply Friday after Visa disclosed the details of its ownership stake in the company.

While Visa's stake amounts to about 1 percent of the company, and the stake was established at least 5 years ago, investors interpreted the announcement as a major endorsement of Square by Visa, the world's largest payment processing company.

2. Visa Discloses Stake in Dorsey's Company, Square -

NEW YORK (AP) — Shares in the mobile payment services company Square rose sharply Friday after Visa disclosed the details of its ownership stake in the company.

While Visa's stake amounts to about 1 percent of the company, and the stake was established at least 5 years ago, investors interpreted the announcement as a major endorsement of Square by Visa, the world's largest payment processing company.

3. Meeting the Demands of a Rapidly Aging Population -

When Gov. Bill Haslam gave his annual State of the State address on February 1, he proposed a $34.8 billion plan providing new spending on colleges and universities, road projects and a large deposit into Tennessee’s emergency budget reserves.

4. 276-Unit Cordova Apartments Sell for $29.2M -

The 276-unit Orleans at Walnut Grove apartment community has sold for $29.2 million.

PC Orleans LLC, an entity of Provo, Utah-based investment firm Peak Capital Partners, paid an equivalent of $105,731 per unit to buy the property at 317 Royal Chartres Square E. from Orleans Apartment Community LLC, according to a Feb. 4 warranty deed.

5. 276-Unit Cordova Apartments Sell for $29.2 Million -

The 276-unit Orleans at Walnut Grove apartment community has sold for $29.2 million.

PC Orleans LLC, an entity of Provo, Utah-based investment firm Peak Capital Partners, paid an equivalent of $105,731 per unit to buy the property at 317 Royal Chartres Square E. from Orleans Apartment Community LLC, according to a Feb. 4 warranty deed.

6. Tackling Debt Confusion -

Ray’s Take If we’re honest, we should admit that debt is only incurred when we want something that we haven’t saved for. That said, there are two types of debt – good debt and bad debt. And it’s important that you know not only the difference between them, but how they affect your lifestyle and financial plans. This gives you confidence to know when it’s prudent to go ahead and borrow money.

7. New Numbers: Memphis Industrial Market Breaks Records -

The Memphis industrial sector had a banner year in 2015. According to year-end data from Cushman & Wakefield/Commercial Advisors, last year’s absorption level came in at 8.4 million square feet, 2 million square feet higher than 2006’s pre-recession levels and a record for the market.

8. OneJet Chooses Pittsburgh Over Memphis -

OneJet has announced its second focus city, and Memphis didn’t make the cut.

Memphis International Airport was a top contender to become OneJet’s second focus city, but Pittsburgh garnered the expansion instead, according to a company statement released Thursday, Feb. 11.

9. Burger King's Next Conquest: Hot Dog King -

NEW YORK (AP) — Burger King is looking for a new crown: Hot Dog King.

The Miami-based chain says it plans to put hot dogs on its menu nationally for the first time starting Feb. 23. It may seem like a jarring addition for those who know the chain for its Whoppers. But Burger King says its ability to flame-grill meat makes hot dogs a natural fit on its menu.

10. Jack Daniel Distillery Announces $140 Million Expansion -

NASHVILLE, Tenn. (AP) — Gov. Bill Haslam has announced that the historic Jack Daniel Distillery is planning a $140 million expansion project to help meet global demand for prized Tennessee Whiskey.

11. Glazed With Tradition, Gibson’s Keeps Customers Coming Back -

While word-of-mouth and nostalgia might get customers in the door of Gibson’s Donuts, great donuts and a commitment to customer service are what keep them coming back.

Gibson’s has been a Memphis icon since Lowell Gibson and his brother opened it in 1967 at 760 Mount Moriah Road, the East Memphis locale where it’s still going strong nearly 50 years later.

12. Winners and Losers From Super Bowl 50’s Advertising Game -

The Super Bowl is the biggest advertising competition of the year. Brands that win big can reap the viral benefits for months to come. And those that fail do so publicly, oftentimes with mounting consumer criticism that can take just as long to overcome.

13. Workforce Effort Leaders Talk About Skills Gap -

Before Olympus Corp. announced last month its plan to locate a service and distribution center in Bartlett, a bigger medical device manufacturing company was on the hook for the town.

14. Stanford Financial Doc Accepted to UK Festival -

A documentary about the rise and fall of a financier who had prominent ties to Memphis has been accepted to the UK Screen One Film Festival.

The film’s title is, “Where’s the Money? The Rise and Fall of Stanford Financial.” The downfall of Stanford was the second biggest financial scam in U.S. history after that of Bernie Madoff’s.

15. Memphis Symphony Receives $50K Grant -

The Memphis Symphony Orchestra has been awarded a grant from The Andrew W. Mellon Foundation for planning a musician diversity fellowship program.

The foundation, which invests in the arts and cultural heritage, has been a strong supporter of MSO innovation and community engagement work in the past.

16. Glazed with Tradition, Gibson’s Donuts Keeps Customers Coming Back -

While word-of-mouth and nostalgia might get customers in the door of Gibson’s Donuts, great donuts and a commitment to customer service are what keep them coming back.

Gibson’s has been a Memphis icon since Lowell Gibson and his brother opened it in 1967 at 760 Mount Moriah Road, the East Memphis locale where it’s still going strong nearly 50 years later.

17. Orders to US Factories Fell Sharply in December -

WASHINGTON (AP) — Orders to U.S. factories fell sharply in December, closing out a year in which demand for American manufactured goods retreated for the first time in six years.

Factory orders dropped 2.9 percent in December, the fourth decline in the past five months, the Commerce Department reported Thursday. Orders were down 6.6 percent for the full year, marking the first annual fall since 2009, a year when the country was struggling to emerge from the Great Recession.

18. Memphis Symphony Receives $50K Grant -

The Memphis Symphony Orchestra has been awarded a grant from The Andrew W. Mellon Foundation for planning a musician diversity fellowship program.

The foundation, which invests in the arts and cultural heritage, has been a strong supporter of MSO innovation and community engagement work in the past.

19. Financial Steps for Executors -

Ray’s Take The death of a spouse is high on the list of the most stressful events in life. But, as bad as the emotional trauma can be, the financial fallout can be equally traumatic – and can last much longer. Most spouses name each other as their executor, which makes sense. But the job is not an easy one, and few are fully prepared for the responsibility.

20. EDGE Grants Development Loans to 4 Inner-City Businesses -

Memphis’ inner-city neighborhoods garnered $79,000 in business development loans at the Feb. 3 meeting of the Memphis-Shelby County Economic Development Growth Engine’s finance committee.

21. FedEx Targets $200M in Giving By Decade’s End -

Memphis-based FedEx has decided to approach its corporate giving in a new way, one focused on figuring out how to use its assets to make the biggest possible impact in communities.

The company announced this week it’s planning to invest $200 million in more than 200 communities by the end of the decade, part of a new global giving platform – FedEx Cares – the logistics giant has unveiled.

22. Cates Wants Detail on Downtown Agreements -

From Mud Island River Park across the Memphis harbor to The Pyramid and further east to St. Jude Children’s Research Hospital – there are a lot of connections as the areas head toward a new incarnation.

23. Last Word: History As Geology, Beyond the Greensward and City Hall's HR Director -

History can be like geology once you get it in something that isn’t in the form of a book.
There are layers on top of layers that you may not ever see or miss until a site is wiped clean for the next present that used to be the future and will eventually become the past.
That’s the case with the city’s historic Medical Center where much has come and gone several times over as our city’s considerable investment in medicine and health approaches the end of its second century.
Health Sciences Park used to be the site of a hospital. You would think something as massive as the tower of Baptist Memorial Hospital’s central campus on Union Avenue would be missed. Yet even those of us who grew up with its presence drive past it every day without a thought of what was once there.
The same with the site of Russwood Park on the north side of Madison Avenue and the old bus barns where Beale used to run further east than it does now.
In recent years, new facilities have arisen as the medical center makes itself over in a kind of economic regeneration without a comprehensive plan.
There is now an effort to come up with a comprehensive plan for the area that is more than different ventures buying or leasing land and making plans for their needs.
Eight of the institutions in the area have hired a consulting firm to develop a master plan that includes not just facilities but residential and retail areas.
It’s a significant step for an area that remains intriguing for those of us trying to remember what was where and how long some of the survivors have been holding out in much different streetscapes than were there when they arrived.
The Masonic lodge at the dead end of Dunlap into Union Avenue is a survivor. It’s where the funerals were held for some of those killed in the 1925 river disaster in which Tom Lee rescued so many others.
The lodge at one time had an earth-shaking pipe organ that I had the rare privilege of hearing at a concert following its restoration in the 1980s – the ancient 1980s.
And I still wonder about the tiny medical textbook storefront and how it endures at a time when students rent books and others use digital versions.
There are still remnants of the porous border between the medical center and the Union Avenue auto row that used to exist and arose around the old Ford plant.

24. Survey: Growth at US Services Companies Slowed in January -

WASHINGTON (AP) — A private survey says U.S. services companies grew in January at the slowest rate in nearly two years, as global economic challenges are showing some signs of spreading to consumers.

25. Bourbon, Tennessee Whiskey Producers Toast More Strong Sales -

FRANKFORT, Ky. (AP) — Producers of Kentucky bourbon and Tennessee whiskey are toasting another year of strong sales and revenue growth, led by consumers increasingly ordering high-priced, super-premium brands.

26. Stanford Financial Doc Accepted to UK Festival -

A documentary about the rise and fall of a financier who had prominent ties to Memphis has been accepted to the UK Screen One Film Festival.

The film’s title is, “Where’s the Money? The Rise and Fall of Stanford Financial.” The downfall of Stanford was the second biggest financial scam in U.S. history after that of Bernie Madoff’s.

27. Boyd: Tennessee Shifting to ‘Product Development’ Site Selection -

Elected officials are going to say it if they talk long enough about economic development.

They will talk about how quality of life plays a role in business growth, specifically the move or expansion of corporations into a city or region they weren’t in previously.

28. Collaborative Aims to Enhance Memphis Medical District -

In 2016, the Memphis Medical Center will see $1.8 million in upgrades and enhancements aimed at creating a unified, livable district. That’s the annual budget for the newly established Medical District Collaborative, a nonprofit entity made up of the area’s stakeholders and executives.

29. Exxon's 4Q and Annual Profit Plunge With Oil Prices -

DALLAS (AP) — The big plunge in crude prices is taking a toll on Big Oil.

Exxon Mobil Corp. said Tuesday that fourth-quarter profit fell 58 percent to $2.78 billion. It was the oil giant's smallest profit since the third quarter of 2002.

30. Super Bowl Advertising Huge Gamble -

History has already been made at this year’s Super Bowl of advertising – thanks to a record price tag of $5 million for a 30-second spot. It’s a hefty spike from the $4.5 million advertisers ponied up last year, but it didn’t slow CBS from nearly selling all of its big-game ad time by last November.

31. Haslam Outlines Conservative Approach to Surplus -

Tennessee Gov. Bill Haslam told state legislators Monday, Feb. 1, that the state’s estimated $500 million surplus has to be balanced with a global economy that could change for the worse.

“Our approach is to realize that good times are not going to last forever,” Haslam said in his annual state of the state address on Capitol Hill in Nashville.

32. Haslam Touts New Spending On Teacher Raises, Urges Caution In Use of Reserve -

Tennessee Gov. Bill Haslam told state legislators Monday, Feb. 1, that the state’s estimated $500 million surplus has to be balanced with a global economy that could change for the worse.

“Our approach is to realize that good times are not going to last forever,” Haslam said in his annual state of the state address on Capitol Hill in Nashville.

33. Save-A-Lot to Anchor New Sam Cooper Shopping Center -

Southeast Corner of Sam Cooper
Boulevard and Tillman Street
Memphis, TN 38104

Tenant: Save-A-Lot

Size: 16,300 square feet

Tenant’s Agent: Frank Dyer, Loeb Realty Group

34. Applications Open for Start Co. Accelerator Slots -

The window is open now for entrepreneurs to apply for $25,000 in investment capital and a spot in one of the Start Co. organization’s three startup accelerators.

35. ProLogis Sells 90M Square Feet of Property -

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

36. Q&A: U of M’s Dan Pallme Points to Shipping Changes, Challenges in 2016 -

Dan Pallme is heavily involved in the University of Memphis’ logistics industry departments. He runs the Freight Transportation Leadership Academy, a program that consists of technical tours, sessions with industry experts, and overviews of historic and current trends to encourage leadership in Memphis’ primary modes: rail, river, road and runway.
He is also the senior associate director and freight industry liaison for the U of M’s Intermodal Freight Transportation Institute and the private-sector coordinator for the Southeast Transportation Workforce Center. He has worked with air, rail and trucking companies over the past 25 years.

37. Fenced Out -

There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

38. ProLogis Sells 90 Million Square Feet of Property -

ProLogis has unloaded nearly 90 million square feet of its industrial holdings in six separate deals.

ProLogis, working under a number of affiliated names, sold multiple properties – including two warehouses housing Cummins Inc.’s distributions operations – to Exeter Property Group, according to warranty deeds signed Dec. 29. They include:

39. Things to Consider Before You Invest -

Ray’s Take The great recession of 2007-2009 and its associated bear market seem like a long time ago. The relatively small setback of 2015 seems very tame in the context of the gains since March of 2009. This is a good time to take a few steps back and review investment goals and expectations.

40. Memphis CFO Brian Collins 'Constantly at 50,000 Feet' -

If you think about the city’s chief financial officer at all, you might imagine a robotic figure forever tethered to numbers and a desk, taking a microscopic view of life in search of where to squeeze out a few more dollars here, a few more dollars there.

41. Medical Startup Trades Texas for Germantown -

David Leon’s medical device startup is the latest addition to a rapidly expanding health care, biotech and life sciences landscape in the Memphis area.

42. Applications Being Taken Now For Start Co. Accelerator Slots -

The window is open now for entrepreneurs to apply for $25,000 in investment capital and a spot in one of the Start Co. organization’s three startup accelerators.

43. Belz Sells Linden Camilla Towers for $14.4 Million -

256 S. Camilla Street
Memphis, TN 38104

Sale Amount: $14.4 million

Sale Date: Dec. 6, 2015

44. Logistics Startup Exec: Amazon Gunning for FedEx -

The number of voices in the technology world convinced that Amazon has stuck a target on the back of FedEx – as well as its larger competitor, UPS – continues to grow.

The latest is Matthew Hertz, director of operations at package shipment startup Shyp. He took to social networking service LinkedIn in recent days to pen a commentary about why Amazon’s emergence as a significant logistics alternative appears to be a matter of when, not if.

45. International Real Estate Firms Find Purchase Potential in Memphis -

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

46. The Week Ahead: Jan. 25, 2016 -

We hope everyone survived Snow Terror ‘16 and is looking forward to a fun, productive week ahead that’s free of milk and bread runs. (Saturday’s high temp is 60 degrees – woohoo!) Here’s your weekly rundown of events and happenings worth paying attention to…

47. Blight Authority of Memphis Convenes to Tackle Problem Properties -

“This is historic,” attorney Steve Barlow said at the inaugural meeting of the Blight Authority of Memphis, held Thursday, Jan. 21, at the Downtown Memphis Commission’s office.

48. Study: Transportation Issues Cost $5.6B in Tenn. -

A new study finds that traffic congestion and road deficiencies in Tennessee cost motorists in the state $5.6 billion a year.

The Washington-based transportation research group Trip conducted the study that calls for boosting investment in Tennessee roads, bridges and transit.

49. Exeter Property Group Transfers 13 Properties -

Exeter Property Group has sold 13 Memphis industrial properties for a combined $143.3 million – all part of the massive deal in which Exeter sold its U.S. industrial portfolio for $3.2 billion.

50. Southwest Airlines' 4Q Profit Soars on Cheaper Jet Fuel -

DALLAS (AP) — Southwest Airlines Co. earned a record fourth-quarter profit of $536 million as fuel costs fell by nearly one-third and offset lower fares and rising labor costs.

51. Some Funds Offer to Tame Market's Chaos, But at a Price -

NEW YORK (AP) — Freaked out by the stock market's big swings?

Then the investment industry has something it built just for you: funds that hope to offer a steadier ride. That sounds especially comforting after this year's jarring start for markets, in which drops of more than 1 percent have become typical. But be careful, the funds carry their own risks.

52. Growth in Health Care Means Busy Time for Recruiters -

Health care has been a leading engine of U.S. job creation lately, a reality that’s particularly evident in Memphis where the health care community is humming along with growth and investment.

All of which means a jam-packed schedule that shows no signs of slowing down for the likes of Shane Davis.

53. Olymbec Compiling Airport-Area Office Park -

Olymbec USA LLC is gaining critical mass near Memphis International Airport with the planned purchase of a 133,600-square-foot office building at 2600 Nonconnah Blvd.

54. Study Finds $5.6B Cost of Transportation Issues in Tennessee -

NASHVILLE, Tenn. (AP) — A new study finds that traffic congestion and road deficiencies in Tennessee cost motorists in the state $5.6 billion a year.

The Washington-based transportation research group Trip conducted the study that calls for boosting investment in Tennessee roads, bridges and transit.

55. DHL Triples Space in New Memphis Service Center -

International shipping provider DHL is undergoing a Memphis growth spurt and has expanded a service center to meet growing need.

This week, operations got fully underway at the new 30,000-square-foot facility at 3560 Air Center Cove, near the Memphis International Airport. Previously, DHL was housed at an 11,000-square-foot space at 4140 Getwell Road.

56. Exeter Property Group Transfers 13 Properties -

Exeter Property Group has sold 13 Memphis industrial properties for a combined $143.3 million – all part of the massive deal in which Exeter sold its U.S. industrial portfolio for $3.2 billion.

57. Delta Posts $980 Million 4Q Profit on Lower Fuel Prices -

DALLAS (AP) — Cheaper jet fuel thanks to falling oil prices helped Delta Air Lines earn $980 million in the fourth quarter despite lower revenue than a year ago.

Delta shares rose almost 5 percent in midday trading Tuesday, recovering some of their January losses.

58. Faced With Array of Risks, CEOs Increasingly Pessimistic -

DAVOS, Switzerland (AP) — Facing a cocktail of risks from the economic slowdown in China to the rise of the Islamic State group, chief executives around the world are more pessimistic about the global economy than at any time in three years — a development that has the potential to seriously affect their investment and growth plans.

59. Get Used to it: Big Drops for Stocks are Back Again -

NEW YORK (AP) — Yes, this is scary. Stock prices plunged again Friday and are down 8 percent in just two weeks, an unprecedented slide for a start of a year.

The vicious drops feel even more unsettling because they're such a departure from the placid and strong returns that investors had been enjoying for years. Like vacationers returning from a warm beach to a slushy commute to work, the shock of change is making something already painful even more so.

60. Insider Q&A: Allianz Strategist Hooper on Market Turmoil -

WASHINGTON (AP) — Last year was the stock market's first down year since 2008, and this year has opened with a thud. The market is down 8 percent in the first two weeks of trading, the worst start to a year ever.

61. Main Event Entertainment Transferred in Sale-Leaseback -

Operators of the newly opened Main Event Entertainment complex at 7219 Appling Farms Parkway participated in an $8 million sale and leaseback transaction, according to a Dec. 17 special warranty deed.

62. Gastro One Sells Five Shelby County Properties -

A health care real estate investment trust has acquired five of Gastro One’s Shelby County property holdings in transactions totaling $15 million, according to deeds filed with the Shelby County Register’s Office.

63. EdR Selling 5.5M Shares In Public Offering -

Memphis-based real estate investment trust EdR plans to sell 5.5 million shares of common stock in an underwritten public offering, the company announced Monday, Jan. 12.

EdR, which is one of the nation’s largest owners, developers and managers of collegiate housing, priced the stock at $35.50 per share to the public, with the offering expected to close on or about Jan. 15. The company also plans to grant the underwriters a 30-day option to purchase up to 825,000 additional shares of common stock.

64. CCRFC Approves $1.7M For Convention Center Work -

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

65. First Tennessee Invests in Tri-State Bank -

As of Dec. 31, Tri-State Bank of Memphis has secured almost $5 million in new capital, an investment fueled in part by an “unprecedented transaction” between it and First Tennessee Bank.

66. Building A Fundraising Team -

This is the fourth in a series focused on the prerequisites for fundraising success.

We can do so much more together than we can alone. A fundraising team that includes board members, staff and volunteers can transform your nonprofit. It will take time, energy and talent to build and manage such a team, but we believe it is worth the investment. Here’s what we have learned.

67. First Building Permit Pulled For Crosstown Concourse Build-Out -

495 N. Watkins St.
Memphis, TN 38104

Permit Amount: $15.6 million

Application Date: January 2016

68. Wright CEO: Merger Fuels Growth -

In the wake of the closing of its merger with Tornier N.V., a global medical device company headquartered in Amsterdam that makes and markets joint replacement and soft tissue repair devices, Wright Medical Group Inc. has transformed itself into a high-growth extremities and biologics company.

69. Outside the Box -

Southwest Tennessee Community College is opening its new Whitehaven Center on Tuesday, Jan. 19. The building, which accommodates nearly 2,000 students at 1234 Finley Road off Elvis Presley Boulevard, is seeing new life following its run as a Kroger store that closed in 2011.

70. Tennessee Startups Chasing Greater Opportunities -

When it comes to launching startup companies, Tennessee is best described as “early stage.”

The less than $200 million in venture capital invested in Tennessee businesses in 2014 is a rounding error compared to the $30 billion invested in California. And when the final tally for 2015 comes out later this month, the disparity won’t be much smaller.

71. Gastro One Sells Five Shelby County Properties -

A health care real estate investment trust has acquired five of Gastro One’s Shelby County property holdings in transactions totaling $15 million, according to deeds filed with the Shelby County Register’s Office.

72. Haslam: No Gas Tax Push, For Now -

Tennessee Gov. Bill Haslam confirmed Thursday, Jan. 14, that there won’t be a state gas tax hike proposal in this year’s session of the Tennessee Legislature.

But Haslam, who previously said he wasn’t necessarily pushing for such a tax hike as a solution to funding road projects, said that is the most likely future option.

73. Ikea Brings Sustainability Practices to Memphis -

Sustainability at large businesses sometimes might seem to only focus on buzzwords such as solar panels, carbon footprints and LEED certification.

Those practices are good steps in today’s sustainable world. Sometimes, though, the little things go a long way.

74. US Stocks Rebound a Day After Plunge, Led by Energy Sector -

The major U.S. stock indexes veered higher in afternoon trading, recovering from an early slide. Energy companies led the rally, climbing along with the price of crude oil. The gains came a day after the market had its worst drop since September. Exxon Mobil and Chevron each jumped about 5 percent, by far the largest gains in the Dow Jones industrial average.

75. No Great Places to Shelter From This Market Turmoil -

NEW YORK (AP) — Stock prices are crumbling around the world, but the usual place for investors to go for safety, bonds, can't provide as much cover as usual.

Bonds are still doing their job this year as investors' best friends during a downturn: They're holding up better than stocks, cushioning the blow for balanced investors. High-quality, investment-grade U.S. bonds have returned 0.9 percent through Wednesday, while the Standard & Poor's 500 index has lost 7.4 percent on worries about the strength of the global economy.

76. RVC Outdoor Submits Ambitious Mud Island Plan -

RVC Outdoor Destinations, the Memphis-based company headed by Andy Cates, is proposing a conservancy for Mud Island River Park similar to the Overton Park Conservancy. And its proposal seeks an agreement directly with the city for his company to develop the park, bypassing the Riverfront Development Corp.

77. Main Event Entertainment Transferred in Sale-Leaseback -

Operators of the newly opened Main Event Entertainment complex at 7219 Appling Farms Parkway participated in an $8 million sale and leaseback transaction, according to a Dec. 17 special warranty deed.

78. Tourism Goes Beyond Graceland, Beale Street -

This week, hundreds of investors, community builders and federal leaders gathered at the third annual Rural Opportunity Investment Conference, which ended with a discussion of spurring economic development through tourism.

79. St. Louis Cardinals Adding Big Video Board at Stadium -

ST. LOUIS (AP) — The St. Louis Cardinals could not help but notice the size and the clarity of the video boards at refurbished Wrigley Field during the NL Division Series last fall.

For the upcoming season, their 10th at Busch Stadium, the Cardinals will be adding some of the same wow factor for fans: St. Louis announced details Tuesday of a multimillion-dollar investment in high-definition LED video boards that just might make the stadium feel brand new all over again.

80. CCRFC Approves $1.7M For Convention Center Work -

The Center City Revenue Finance Corp. approved up to $1.7 million in revenue bonds Tuesday, Jan. 12, for Memphis Cook Convention Center improvements.

81. EdR Selling 5.5M Shares In Public Offering -

Memphis-based real estate investment trust EdR plans to sell 5.5 million shares of common stock in an underwritten public offering, the company announced Monday, Jan. 12.

EdR, which is one of the nation’s largest owners, developers and managers of collegiate housing, priced the stock at $35.50 per share to the public, with the offering expected to close on or about Jan. 15. The company also plans to grant the underwriters a 30-day option to purchase up to 825,000 additional shares of common stock.

82. What Are the Odds? -

I am writing this article as the Powerball lottery jackpot prepares to pay out $1.3 billion to some lucky fool – I mean lucky winner.

I’m always amazed at the long lines and hype surrounding these potential payouts from the lottery. It seems Americans just can’t pass up the possibility that, “I might win it.” So they stand in line, buy a ticket (or several) and hope.

83. US Stocks Veer Lower Following Another Drop in Price of Oil -

A slump in crude oil prices and other commodities weighed on stocks in afternoon trading Monday. Energy companies were among the biggest decliners as the price of crude oil sank to the lowest level in more than a decade. Investors also weighed the implications of another drop in China's stock market.

84. Helping Memphis Make the Shift to Startups -

It’s been quite a year! We saw Memphis’ first joint Demo Day with Start Co. and Zeroto510, graduated 18 startups from accelerator programming and hosted several investors and startup enthusiasts from all over the country here for the Memphis in May World Championship Barbecue Cooking Contest. However, on a national scale, our startup community still has plenty of work to do.

85. Collierville Assisted Living Facility Sells for $17 Million -

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

86. Muller: Memphis On Strong Footing, With Bright Future -

A key Greater Memphis Chamber official is preparing to retire this week after 15 years, at a time when he thinks the city of Memphis is on strong footing, and with a bright future that abounds with potential.

87. Tennessee Legislature Opens 2016 Session on Capitol Hill -

The Tennessee General Assembly's 2016 session will be a short one, likely done by early April. The gavels fall in the House and Senate chambers in Nashville at noon Tuesday, Jan. 12, opening the election year session.

88. Last Word: El Chapo and Memphis, First Filers for August and Origins in Graffiti -

The Mississippi River at Memphis crested and then it rained.
The weekend rain added about two-tenths of an inch by Saturday to Friday’s crest.
But by Sunday, the river had dropped to 39.12 feet, which is still more than five feet above flood stage.

89. Innova’s Bouten Talks Growing Health Care Hub -

When Jan Bouten looks out his office window at 20 S. Dudley St., he can count no less than five medical institutions in his field of view.

90. Shelby County Tax Property Sale Features Two Firsts -

When the Shelby County Trustee’s office puts a set of tax delinquent properties up for auction Jan. 19-21, it will be a first in several ways.

The auction will be the first such sale in Tennessee online and it will be the first tax sale with shorter redemption periods for some of the property, depending on how far behind the original owner is on their property taxes.

91. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

92. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

93. 7-Building Century Center Sells For $48.3 Million -

A light industrial business park in Northeast Memphis has sold for $48.3 million.

Boston-based Taurus Investment Holdings LLC acquired the seven-building Century Center Business Park on Dec. 30 from GID Investment Advisers, which had owned it for a decade. Miami-based Holliday Fenoglio Fowler LP marketed the park on behalf of GID.

94. 7-Building Century Center Sells For $48.3 Million -

A light industrial business park in Northeast Memphis has sold for $48.3 million.

Boston-based Taurus Investment Holdings LLC acquired the seven-building Century Center Business Park on Dec. 30 from GID Investment Advisers, which had owned it for a decade. Miami-based Holliday Fenoglio Fowler LP marketed the park on behalf of GID.

95. Back to Basics: Investing 101 -

Ray’s Take Learning how to invest your money is one of life’s more important lessons. You don’t need to be Warren Buffet to start investing. But you do need to have a basic understanding of investment and investment terms along with the confidence to make a plan.

96. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

97. Council OKs Strickland's Directors, He Defends Pay Raises -

Memphis City Council members approved Mayor Jim Strickland’s slate of 12 division chiefs and directors Tuesday, Jan. 5, at the first council meeting of 2016. And Strickland defended the pay raises for some of those positions compared to the salaries those appointed positions paid in the Wharton administration.

98. Pilot Distribution Center Sells for $11.9 Million -

The 605,000-square-foot Pilot Distribution Center in Southeast Memphis has sold for $11.9 million.

Sealy Strategic Equity Partners LP, working as Sealy Pilot LLC, purchased the industrial warehouse at 4221 Pilot Drive from Pilot Distribution Center Inc. on Dec. 22, according to a warranty deed.

99. Meteoric Rise of Digital Leaves TV in Dust -

Editor’s Note: This column is the eighth in an 11-part series on the Top Ten 2016 Marketing Trends. Check back for the remainder of the series and a deep dive into each of these trends.

100. St. Jude, Methodist, Le Bonheur Prep For a Year of Expansion -

Flush with updated master plans, plentiful resources and abundant cash to spend, the arrival of 2016 finds at least three Memphis hospitals with ambitious New Year’s resolutions.

A flurry of announcements over the past month has set the stage for a veritable building and investment boom Downtown and in the medical district between Methodist University Hospital, Le Bonheur Children’s Hospital and St. Jude Children’s Research Hospital. The activity will play out starting this year and beyond, resulting in everything from expanded campus footprints to the deployment of new cutting-edge equipment.