Editorial Results (free)
1. $47 Billion Offer to Create World's Biggest Tobacco Company
- Monday, October 24, 2016
LONDON (AP) — British American Tobacco has offered to buy out Reynolds American Inc. for $47 billion in an attempt to gain a strong presence in the U.S., a lucrative market where sales of electronic cigarettes are booming as traditional smoking fades.
2. How the Incredible Shrinking Stock Market Affects Your Fund
- Friday, September 23, 2016
NEW YORK (AP) – More companies don't want you, or any other investor, to buy their stock.
Instead of listing their shares on a stock exchange, businesses are going private or never going public in the first place. Security company ADT, for example, pulled its shares off the market this spring after going private in a nearly $7 billion buyout. Uber, meanwhile, makes it simple for customers to hail a car, but investors can't easily buy a piece of the privately held company, which is valued at more than $60 billion.
3. Revenue Up, Profit Down At Gannett
- Thursday, July 28, 2016
Shares of The Commercial Appeal’s parent company are down some 12 percent this year, compared to a more than 6 percent year-to-date gain in the S&P 500 index, and the company’s second quarter earnings released Wednesday, July 27, help partly explain why.
4. McDonald's US Sales Disappoint Amid Turnaround Efforts
- Wednesday, July 27, 2016
NEW YORK (AP) – McDonald's is again looking for ways to win back customers, less than a year after launching a widely touted all-day breakfast menu that makes Egg McMuffins available around the clock.
5. What Verizon's Acquisition Means for Yahoo Users
- Tuesday, July 26, 2016
NEW YORK (AP) – If you have a Yahoo email account or regularly visit services like Yahoo Finance and Yahoo Sports, you might be wondering what will happen to the once-venerable brand once Verizon takes over.
6. Wright CEO: Merger Fuels Growth
- Tuesday, January 19, 2016
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.
7. 'Call of Duty' Creators Buy 'Candy Crush' Maker for $5.9B
- Wednesday, November 04, 2015
NEW YORK (AP) — The company behind the hugely successful "Call of Duty" has struck a $5.9 billion deal to buy the makers of the highly addictive "Candy Crush" and take advantage of the way video games are moving out of living rooms and onto smartphones and tablets.
8. AP Analysis: More 'Phony Numbers' in Reports as Stocks Rise
- Tuesday, June 09, 2015
NEW YORK (AP) – Those record profits that companies are reporting may not be all they're cracked up to be.
As the stock market climbs ever higher, professional investors are warning that companies are presenting misleading versions of their results that ignore a wide variety of normal costs of running a business to make it seem like they're doing better than they really are.
9. Not Your Ma's Bell: AT&T Evolves Beyond Phones
- Wednesday, May 20, 2015
NEW YORK (AP) – The company whose name has long been synonymous with telephones is looking for new ways to reach out and touch someone.
AT&T, which had a popular "Reach Out and Touch Someone" slogan in the 1980s, now wants to be on your TV, car and even trashcan.
10. Verizon Slices Up the Bundle, Lets Customers Choose
- Monday, April 20, 2015
NEW YORK (AP) – Under pressure from an expanding number of cheaper online video services, the long-dominant bundle of channels offered by pay-TV companies is becoming a bit more flexible.
11. American Express, Costco to End US Exclusivity Deal
- Friday, February 13, 2015
Costco shoppers who have been limited for years to American Express credit cards may be able to pluck a new option from their wallets or purses next year after an exclusivity deal between the companies expires.
12. These Retailers Could Use Some Holiday Cheer
- Friday, December 05, 2014
NEW YORK (AP) – The holiday shopping season is always a make-or-break period for struggling retailers.
But this year, the fight to grab shoppers has intensified, making it difficult for stores to use the season that accounts for about 20 percent of the retail industry's annual sales to bounce back.
13. Methodist University Hospital Names Liebman New CEO
- Wednesday, April 02, 2014
Jeff Liebman has joined Methodist University Hospital as chief executive officer. In his new role, Liebman said, he will ensure the hospital continues to be a community resource providing the highest possible quality of care to the community while following the guidelines of the Methodist LeBonheur mission.
14. Analyst: Wal-Mart Facing More Issues
- Monday, February 24, 2014
The growing list of issues facing Wal-Mart is becoming more of a concern for a Stifel Nicolaus analyst, who downgraded the world's biggest retailer on Friday.
On Thursday, Wal-Mart reported a 21 percent decline in its fourth-quarter profit. The company said that the Nov. 1 expiration of a temporary boost in food stamps is hurting its shoppers' ability to spend. It's also caught up in the debate about minimum wages and dealing with increasing competition from dollar stores and grocers. That's in addition to increased taxes, tighter credit and bad winter weather keeping some shoppers away from stores.
15. BlackBerry Weighs Putting Itself Up for Sale
- Tuesday, August 13, 2013
TORONTO (AP) – BlackBerry will consider selling itself after the long-awaited debut of its new phones failed to turn around the struggling smartphone maker.
The company said Monday that its board has formed a special committee to explore "strategic alternatives" in hopes of enhancing the company's value and boosting adoption of its BlackBerry 10 platform.
16. Medtronic Slips After Infuse Reviews Detailed
- Wednesday, June 19, 2013
Shares of Medtronic Inc. slipped Tuesday, a day after the medical device maker announced findings from independent reviews of studies of its Infuse bone graft
17. Amro Milestone Attributed to Seasoned Staff
- Wednesday, April 17, 2013
For the music retailer that traces its history back to 1921 and to the second-floor Downtown studio Mil Averwater opened to give piano lessons, 2013 is a time of reflection, celebration and pride in a few impressive numbers.
18. Memphis Farmers Market Returns Downtown
- Saturday, April 06, 2013
It’s opening week for the Memphis Farmers Market, which returns for its new season this Saturday at the Central Station Pavilion.
There will be music with JoJo Jefferies, authors Paul and Angela Knipple signing their book “The World in a Skillet,” plus the usual – fresh flowers and greens, handmade goat cheese, salads, side dishes, baked goods, local roasted coffee and more.
19. Memphis Farmers Market Returns Downtown
- Friday, April 05, 2013
It’s opening week for the Memphis Farmers Market, which returns for its new season this Saturday at the Central Station Pavilion.
There will be music with JoJo Jefferies, authors Paul and Angela Knipple signing their book “The World in a Skillet,” plus the usual – fresh flowers and greens, handmade goat cheese, salads, side dishes, baked goods, local roasted coffee and more. Hours will be from 7 a.m. to 1 p.m.
20. Regions Financial Shares Drop as Yields Shrink
- Wednesday, October 24, 2012
BIRMINGHAM, Ala. (AP) — Regions Financial Corp. on Tuesday posted sharply higher third-quarter earnings, as the regional bank set aside less cash to cover loan losses. But its shares fell sharply in morning trading after the results showed record-low interest rates cut into interest income from loan and deposits.
21. Tricare Won't Return Walgreen to Pharmacy Network
- Friday, September 07, 2012
NEW YORK (AP) – The military health insurance plan Tricare says Walgreen Co.'s drugstore chain, the largest in the U.S., will not be part of the network where plan members can get their prescriptions filled.
22. MAA Completes $175M Senior Unsecured Notes Offering
- Wednesday, September 05, 2012
Memphis-based MAA and its operating partnership, Mid-America Apartments LP., have completed an issuance of $175 million of Senior Unsecured Notes.
23. FedEx Cost Reduction Gains Attention
- Friday, June 22, 2012
A few minutes into this week’s earnings conference call with analysts, FedEx Corp. founder and CEO Fred Smith used three words that came to define much of the rest of the nearly hour-long conversation – “cost reduction program.”
24. Duncan-Williams Involved In Largest Bond Deal to Date
- Thursday, May 03, 2012
Memphis-based broker-dealer Duncan-Williams Inc. is one of the book-runners involved in a $1.8 billion bond deal with the state of Illinois – Duncan-Williams’ largest bond deal to date.
25. Auto Sales Surge in March, Led by Small Cars
- Wednesday, April 04, 2012
DETROIT (AP) – Appealing small cars, low interest rates, truck deals and unseasonably warm weather helped the auto industry achieve its best monthly performance in almost four years in March.
26. Will Higher Gas Prices Derail the Economy?
- Thursday, March 01, 2012
NEW YORK (AP) – The price of gas has jumped 45 cents since Jan. 1 and is the highest on record for this time of year, an average of $3.73 a gallon. On Wall Street, talk has turned from the European debt crisis to another worry: Will higher gas prices derail the economic recovery?
27. Shoppers Say 'Ho-Hum' Not 'Ho-Ho-Ho' to Sales
- Thursday, December 08, 2011
Used to be, customers would come running when stores cut prices. But these days, more Americans are becoming blasé about bargains.
Jennifer Beasley recently left a Toys R Us in Cary, N.C., unimpressed by the retailer's offers that day of 50 percent discounts on things like a $150 Sylvania tablet computer and a $45 My Baby Alive Doll.
28. MF Global's Dive Shows Few Changes on Wall Street
- Friday, November 11, 2011
WASHINGTON (AP) – After countless new rules designed to make Wall Street safer, it's come to this: Another securities firm has collapsed from risky, poorly disclosed bets.
Not enough, in other words, has changed since the U.S. financial system nearly toppled three years ago.
29. Jazz Orchestra Swings Into Calvary and the Arts Concert
- Wednesday, November 09, 2011
The Memphis Jazz Orchestra’s date at the annual Calvary and the Arts series usually falls the same week as Veterans Day.
That is the case again this Wednesday, Nov. 9, for the concert, which begins at 12:05 p.m. and ends 45 to 50 minutes later with a light lunch for $5 at the historic Calvary Episcopal Church, 102 N. Second St.
30. MasterCard Q3 Profit Up 38 Pct as Card Use Rises
- Thursday, November 03, 2011
NEW YORK (AP) – MasterCard Inc. said Wednesday its third-quarter profit soared 38 percent on a big spike in card use around the world.
31. Analyst Downgrades Walgreen and Cuts Estimates
- Wednesday, October 19, 2011
NEW YORK (AP) – Jefferies and Co. downgraded shares of Walgreen Co., saying the drugstore chain is in a weak negotiating position in its dispute with pharmacy benefits manager Express Scripts Inc.
32. Making Up: Free Apps for Furious Blackberry Users
- Tuesday, October 18, 2011
TORONTO (AP) – The Blackberry has left a bitter taste in the mouths of its users.
Trying to make amends for massive outages last week, Research In Motion on Monday promised Blackberry users free premium apps and a month of technical support. But the apology is unlikely to placate miffed customers, many of whom are considering whether to part with the tarnished brand in favor of more popular devices such as Apple's newest iPhone.
33. Netflix Lowers Subscriber Forecast, Shares Fall
- Friday, September 16, 2011
NEW YORK (AP) – Netflix Inc. lowered its expectations for U.S. subscribers for the third quarter by 4 percent on Thursday, just weeks after separating its DVD and streaming services, which increased the price for customers who want both.
34. Analyst: Kroger 2Q Shows Grocery Chain Troubles
- Tuesday, September 13, 2011
NEW YORK (AP) – A Jefferies & Co. analyst said Monday that Kroger Co.'s disappointing second-quarter results illustrate the difficulties the grocery store industry is facing.
35. FedEx CFO Points to ‘Positive Changes’ on Way
- Friday, August 12, 2011
The chief financial officer of FedEx Express told analysts at a New York conference this week the Memphis-based shipping giant sees growth in international markets, especially China, Mexico and Latin America.
36. Pfizer Q2 Net Up 5 Pct. on Lower Charges, Taxes
- Wednesday, August 03, 2011
Generic competition cut deeper into drugmaker Pfizer Inc.'s sales in the second quarter – with the U.S. patent expiration for its cholesterol fighter Lipitor, the world's top-selling drug, just five months away.
37. MAA Completes Offering of Senior Unsecured Notes
- Tuesday, August 02, 2011
Memphis-based MAA and its operating partnership, Mid-America Apartments LP, have completed an issuance of $135 million of Senior Unsecured Notes.
38. GTx Offers 10 Million Shares
- Friday, June 24, 2011
Memphis-based biotechnology company GTx Inc. on Thursday, June 23, announced it is pricing 10 million shares of stock offered to the public at $4.75 per share.
39. Walgreen Says it Will Split With Express Scripts
- Wednesday, June 22, 2011
NEW YORK (AP) – Walgreen Co. said that it is willing to walk away from more than $5 billion in annual revenue because pharmacy benefits manager Express Scripts doesn't pay it enough to fill prescriptions.
40. McDonald's Sales Climb, But Gains Weaken in May
- Thursday, June 09, 2011
OAK BROOK, Ill. (AP) – Sales of McDonald's fruit and maple oatmeal and drinks like frozen strawberry lemonade pushed the fast-food chain's revenue at restaurants open at least 13 months up 3.1 percent in May.
41. Regions Financial Posts Q1 Profit, Reversing Loss
- Wednesday, April 20, 2011
BIRMINGHAM, Ala. (AP) – Regions Financial Corp. on Tuesday reported a surprise profit for the first quarter, reversing a year-ago loss, reflecting a much smaller amount reserved to cover loan defaults and a big drop in loans written off as uncollectible.
42. Dan Cornell Joins Morgan Keegan Group
- Wednesday, April 06, 2011
Dan Cornell has joined Morgan Keegan & Co. Inc. as a managing director of the firm’s security and defense investment banking group.
43. Morgan Keegan Plots 2011 Growth
- Monday, January 17, 2011
Morgan Keegan & Co. Inc. has kicked off 2011 with plans to open several new offices in the Northeast and by adding new executives to the firm’s public finance and investment banking teams.
44. Harrah's Cancels Plans for IPO
- Monday, November 22, 2010
LAS VEGAS (AP) – Harrah's Entertainment Inc. canceled its initial public offering Friday, folding its hand for now on a risky bet on returning to the stock market just three years after it went private.
45. Wal-Mart Names Operating Chief Simon as New US CEO
- Wednesday, June 30, 2010
BENTONVILLE, Ark. (AP) – Wal-Mart Stores Inc. said Tuesday that Bill Simon is taking over as president and CEO of its U.S. operations, replacing Eduardo Castro-Wright, who is shifting to lead the retailer's e-commerce unit Global.com and its global sourcing division.
46. Memphians Have Multiple Choices for ‘Nutcracker’ This Season
- Monday, December 14, 2009
he Nutcracker” fans are in luck as three Mid-South arts groups stage traditional, contemporary and comic variations on the theme this month. The variations of the ballet will be staged at The Orpheum Theatre, Germantown Performing Arts Centre and Germantown Community Theatre, respectively.
47. Commodities Resume Climb as Dollar Weakens
- Tuesday, October 20, 2009
NEW YORK (AP) - Another drop in the dollar is lifting prices for gold, oil and other commodities.
The Reuters/Jefferies CRB index, a widely used measure of global commodities trading, gained 1.3 percent to its highest level of the year as the dollar fell against other currencies.
48. Pawnshops Clients Today are Driving BMWs
- Friday, January 02, 2009
PHILADELPHIA - At Society Hill Loan, a pawnshop in a middle-class neighborhood here, a steady rain fell outside as a fashionably dressed young man parked his Cadillac Escalade outside. Looking around warily, he came in to speak with Nat Leonard, co-owner of the store.
49. Sector Snap: Specialty Apparel
- Tuesday, November 11, 2008
NEW YORK (AP) - Shares of specialty apparel retailers were mixed Monday, ahead of several fiscal third-quarter earnings reports.
After many retailers reported dismal October sales in stores open at least on year, a key retail metric known as same-store sales, last week, analysts are pessimistic about third-quarter results. However, shares are down so much over the past several months, few expect retailers' stocks to fall a significant amount further.
50. Treasurys Edge Up After Manufacturing Contraction
- Tuesday, November 04, 2008
NEW YORK (AP) - Treasury prices rose modestly in quiet trading Monday after a bleaker-than-expected reading on the manufacturing sector, but investors avoided making large bets ahead of Tuesday's presidential election. Meanwhile, key interbank lending rates extended their declines, a sign of further easing in the credit markets.
51. Interbank Rates Drop, Investors Sell Off T-Bills
- Wednesday, October 22, 2008
NEW YORK (AP) – Bank-to-bank loan rates and yields on Treasury bills returned to their late September levels Tuesday, extending a recovery in the credit markets. Market watchers are now wondering, though, how much more the credit environment can improve given the economy's weakness.
52. Stocks Tumble After Government Bailout of AIG
- Thursday, September 18, 2008
NEW YORK (AP) - Wall Street plunged again in a crisis of confidence Wednesday as anxieties about the financial system still ran high after the government's bailout of insurer American International Group Inc. The Dow Jones industrial average dropped about 340 points, and investors seeking the safety of hard assets and government debt sent gold, oil and short-term Treasurys soaring.
53. Stocks Plummet After Retail, Unemployment Data
- Friday, September 05, 2008
NEW YORK (AP) - Wall Street plunged Thursday, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery.
54. Treasurys Advance on Worries About Credit Market
- Thursday, August 14, 2008
NEW YORK (AP) - Treasury bond prices advanced Tuesday, driven by continued concern about credit losses from major Wall Street banks and uncertainty about the value of risky mortgage-backed securities.
55. NovaStar to Cut Back on New Loans, Pulls Stock Offering Amid Deteriorating Mortgage Market
- Thursday, September 06, 2007
KANSAS CITY, Mo. (AP) - Mortgage lender NovaStar Financial Inc. said Tuesday it was all but eliminating sales of new loans and will lay off more than 30 percent of its work force as it deals with continued deterioration in the mortgage market.
56. Credit Crunch Spurs Uncertainty On Bankruptcy Exit Loans
- Friday, August 31, 2007
WASHINGTON (Dow Jones/AP) - Companies trying to emerge from Chapter 11 protection by the end of this year may have trouble securing financing, as credit market woes extend into the niche arena of bankruptcy lending.
57. Sills Appointed To AANS Bulletin Advisory Board
- Wednesday, May 23, 2007
Dr. Allen K. Sills Jr., medical director of the Neuroscience Institute at Methodist University Hospital, associate professor at the University of Tennessee Health Science Center and neurosurgeon at Semmes-Murphey Neurologic & Spine Institute, has been appointed to the American Association of Neurological Surgeons' (AANS) Bulletin advisory board. Sills will contribute articles to the AANS' quarterly publication, "The Bulletin."
58. Archived Article: Newsmakers
- Wednesday, March 09, 2005
Smith & Nephew Announces New Division and Promotions
Smith & Nephew Announces New Division, Promotions
Steve Hirsch was named president of Smith & Nephew Orthopaedics, a new division of the company opening in Europe. The following ...
59. Archived Article: Newsmakers
- Wednesday, April 14, 2004
The Daily News has hired Don Fancher as the Advertising Sales Director
Baptist-DeSoto Names New Administrator
Randy King was named administrator and chief executive officer of Baptist Memorial Hospital-DeSoto. He was previously vice president ...
60. Archived Article: Newsmakers
- Wednesday, March 24, 2004
Goldsmith Honored Posthumously with Lion Heart Award
Goldsmith Honored Posthumously by Youth Villages The late Elias J. E.J. Goldsmith was honored with Youth Villages 5K Lion Heart Award. Goldsmith, who served Goldsmiths stores, his family busine...
61. Archived Article: Memos
- Wednesday, March 19, 2003
Memphis Memos March 19
Ken Newberry was appointed senior vice president at Memphis Area Teachers Credit Union. He earned a bachelors degree from Christian Brothers University. Prior to joining MATCU, he worked at Union Planters Bank. Stan Cardwel...
62. Archived Article: Memos
- Wednesday, March 14, 2001
Carlos Webb was named executive vice president-chief executive officer of Memphis Area Teachers Credit Union Carlos Webb was named executive vice president-chief executive officer of Memphis Area Teachers Credit Union. The designation is a new one a...
63. Archived Article: Real Briefs
- Tuesday, September 05, 2000
Local Chick-fil-A restaurant are joining with Lifeblood, Mid-South Regional Blood Center, in September to help rebuild the reg Local Chick-fil-A restaurants are joining with Lifeblood, Mid-South Regional Blood Center, in September to help rebuild th...
64. Archived Article: Memos
- Wednesday, September 03, 1997
Lisa Sanford has been named assistant vice president of executive banking for Enterprise National Bank at its Poplar/Ridgeway location Lisa Sanford has been named assistant vice president of executive banking for Enterprise National Bank at its Popl...