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Editorial Results (free)

1. Last Word: Doubling Down at City Hall, Karl Dean in Collierville & Your Credit Report -

Memphis City Council chairman Berlin Boyd doubling down right at the start of a Monday morning meeting of the Beale Street Task Force on that conflict of interest issue involving his company’s contract with the Beale Street Merchants Association. Meanwhile, it is council day at City Hall Tuesday and lots to discuss on several fronts including the Bicentennial Gateway and Convention Center projects and the move of Golden India just off Overton Square.

2. Wunderlich Preparing Downtown Space for HQ Move -

By this time next year, Memphis-based investment firm Wunderlich Securities Inc. will have a prominent new headquarters space Downtown,

3. Downtown Core Attracting More Corporate Tenants -

Hamida Mandani, who with her husband Sunny owns City Market at the corner of Main Street and Union Avenue, is anticipating lots of potential new customers soon for her small grocery and deli enterprise.

4. Wunderlich Securities Moving Downtown -

Wunderlich Securities Inc. is preparing to move its corporate headquarters from East Memphis, where the investment firm employs 110 people, to Downtown’s One Commerce Square.

5. Wunderlich Securities Plans to Move HQ to One Commerce Square -

Wunderlich Securities Inc. is preparing to move its corporate headquarters – currently in East Memphis, where the investment firm employs 110 people – to Downtown’s One Commerce Square.

6. Financial Federal Hits $500M in Assets -

Financial Federal has hit a milestone in recent weeks – reaching $500 million in assets – that bank president William Tayloe said confirms the plan the bank is following to achieve organic growth is working.

7. CEO: Wunderlich Acquisition ‘A Good Thing for Memphis’ -

In providing context for his firm’s pending acquisition by a Los Angeles-based financial services firm, Wunderlich Securities Inc. CEO Gary Wunderlich explained that “there’s been a ton of consolidation in our industry,” and that “size and scale matter.”

8. Wunderlich Securities Acquired by LA Firm in $67M Deal -

Memphis-based investment firm Wunderlich Securities Inc. will be acquired by a publicly traded Los Angeles-based financial services firm, B. Riley Financial, in a $67 million deal expected to close in June.

9. Economy In Flux -

With apologies to Dickens’ “A Tale of Two Cities,” for the professionals who follow economics for a living this is very much the best of times and the worst of times.

The moment is one of abundant optimism and rampant uncertainty. “Directionally,” they like to say, things look positive. And yet so much could still go very, very wrong.

10. Memphis Economists: Trump Tweets Turn the Page on GOP Playbook -

It’s long been a cornerstone of Republican political orthodoxy that government should “get out of the way” of businesses, and that the fewer mandates and regulations, well, the better.

11. Boyle Investment's New CFO Brings Investment Banking Background to Post -

Memphis-based Boyle Investment Co. has shaken up its executive staff in promoting Matt Hayden as CFO and treasurer. Hayden joined the real estate company in 2014 as part of a succession plan for Charles Claiborne, who held the position since 1983.

12. Boyle Promotes Hayden to CFO -

Matt Hayden has been promoted to treasurer and chief financial officer of Boyle Investment Co.

Hayden joined the Memphis-based real estate company in 2014 as deputy treasurer. Prior to joining Boyle, he worked as senior vice president of Wunderlich Securities Inc. and first vice president of Morgan Keegan & Co. Inc.

13. Boyle Promotes Hayden to CFO -

Matt Hayden has been promoted to treasurer and chief financial officer of Boyle Investment Co.

Hayden joined the Memphis-based real estate company in 2014 as deputy treasurer. Prior to joining Boyle, he worked as senior vice president of Wunderlich Securities Inc. and first vice president of Morgan Keegan & Co. Inc.

14. Wunderlich Names Head of Institutional Equity Sales -

The Wunderlich investment firm has added Ed Apple Jr. to its Equity Capital Markets division as managing director and head of the institutional equity sales effort.

With more than 10 years of institutional sales experience, Apple will oversee the firm’s institutional sales teams located in Memphis, Boston, New York, Baltimore, Denver and Newport Beach.

15. Wunderlich Names Head Of Institutional Equity Sales -

The Wunderlich investment firm has added Ed Apple Jr. to its Equity Capital Markets division as managing director and head of the institutional equity sales effort.

With more than 10 years of institutional sales experience, Apple will oversee the firm’s institutional sales teams located in Memphis, Boston, New York, Baltimore, Denver and Newport Beach.

16. Fed Hikes Rate, Finance Pros Expect Minimal Immediate Impact -

Borrowers and savers aren’t likely to see an immediate impact from the historic move Wednesday, Dec. 16, by the Federal Reserve to raise interest rates by a quarter point for the first time in almost a decade, according to several Memphis-area financial industry professionals.

17. A List of Mayor-Elect Jim Strickland’s Appointments So Far -

Memphis Mayor elect Jim Strickland still has some appointments to make, but he is methodically filling key positions in his administration ahead of taking office Jan. 1.

18. Memphis Financial Advisers Talk the Psychology of Money -

Wunderlich Securities Inc. financial adviser Jason Fair got a call in recent days from a client spooked over the volatility in financial markets.

19. 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.

20. 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.

21. Phillip Rogers Joins Wunderlich Wealth Management -

Phillip Rogers recently joined the Wunderlich Wealth Management office in Memphis as a managing director and financial adviser. Rogers’ financial services practice is focused on the needs of high net worth individuals, as well as endowments and foundations. He applies his background in and knowledge of the fixed income capital markets to extend an institutional level of expertise to individual investors.

22. Daily News Seminar Brings Focus to Economy -

As part of his keynote address during The Daily News’ latest seminar, this time focused on the economy, Century Wealth Management president and founder Jay Healy pointed to a photo depicting a crowd a decade ago assembled near St. Peter’s Basilica at the Vatican.

23. Wunderlich Acquires Dallas Investment Firm -

Memphis-based Wunderlich Investment Co. has reached a deal to acquire Dallas-based independent investment advisory firm Fiduciary Financial Services of the Southwest.

24. Wunderlich Acquires Dallas Investment Firm -

Memphis-based Wunderlich Investment Co. has reached a deal to acquire Dallas-based independent investment advisory firm Fiduciary Financial Services of the Southwest.

25. Economic Microscope -

Back in 2012, Century Wealth Management president and founder Jay Healy was telling the firm’s clients that the U.S. stock market was behaving like a coiled spring.

26. Wunderlich Investment Taps New Finance Chief -

Wunderlich Securities Inc. has a new chief financial officer at its holding company, Wunderlich Investment Co.

27. Wunderlich Investment Taps New Finance Chief -

Wunderlich Securities Inc. has a new chief financial officer at its holding company, Wunderlich Investment Co.

28. Wunderlich Taps New Chief Financial Officer -

Wunderlich Securities Inc. has a new chief financial officer at its holding company, Wunderlich Investment Co.

The Memphis-based investment firm has tapped Stacy Hodges as its new CFO. She brings two decades of financial services experience to the role, mostly with Dallas-based Southwest Securities. She also has a background in public accounting.

29. Wunderlich Adds to Equity Capital Markets -

The last few weeks have been a time of expansion and growth for Memphis-based investment firm Wunderlich Securities Inc.

30. Wunderlich Acquires Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

31. Wunderlich Acquires Wealth Management Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

32. Meritan’s Branch Named Among Top Nurses -

Cindy Branch, Meritan’s associate vice president for health services, has been selected to represent Tennessee as one of the nation’s top 50 home care and hospice nurses by the National Association for Home Care & Hospice and the Home Healthcare Nurses Association. Branch, a registered nurse, has oversight of Meritan’s nursing programs, including home health, private duty nursing and medical residential homes. She will be recognized at NACH’s annual meeting in October.

33. We’re All Invited -

MEMPHIS, SERVED IN THE SHELL. Following up last week’s column, this from a reader:

“We have no civic pride, half the population is intent on killing as many as they can and the other part lives behind walls or gates. There was a time in the fifties when you could leave your front door unlocked and keys in the car.”

34. Wunderlich Expands, Opens New Office -

Wunderlich Securities Inc. has expanded into consumer and business services investment banking.

The Memphis-based company has hired Joe Schimmelpfennig, Jeff Ng and Eric Eindahl as managing directors to lead the group and to open a new Orange County, Calif., office. The consumer and business services investment banking team is based in Newport Beach, Calif., and is in the process of supplementing its team with investment banking, equity research and institutional sales and trading professionals.

35. Wunderlich Expands, Opens New Office -

Wunderlich Securities Inc. has expanded into consumer and business services investment banking.

36. Economic Experts Offer Analysis, Forecast -

A report from Fitch Ratings May 14 declared that going forward the U.S. economy will have to grow without the help it has enjoyed in recent years from things such as low interest rates and government spending.

37. The Market Whisperer -

When economic analysis gets reduced to a binary choice between opposites like bullish or bearish, up or down, strong or weak, the complexity that helps explain the way things are gets lost in a thicket of sound byte-ready oversimplification.

38. Daily News Seminar Looks at State of Economy -

The recession that gutted the economy in recent years has, among other things, replaced good, high-paying jobs with jobs that don’t pay especially well.

That’s among the findings of a new report from the National Employment Law Project, which analyzed trends related to jobs in the aftermath of the recovery. It’s one example of how there’s plenty of ground to dig into as part of an analysis of the qualities of the economy of the moment, and The Daily News’ next seminar will do just that.

39. Ugwueke Named Methodist Le Bonheur President -

Michael O. Ugwueke has been named president and chief operating officer of Methodist Le Bonheur Healthcare, as well as president and CEO of Methodist Healthcare Memphis Hospitals. In his new role, Ugwueke will be responsible for strategic management of the operations of six hospitals within the Methodist Le Bonheur Healthcare system, as well as other key corporate functions.

40. First Horizon Grows Net Income in First Quarter -

The first earnings announcement of the 150th anniversary year for First Tennessee Bank’s parent company was one of those seemingly uncommon things in banking these days – a surprise to the upside.

41. Southeastern Asset Management Posts Strong 2013 -

The annual year-end commentary from Memphis-based Southeastern Asset Management always provides an instructive look at the economic landscape and a peek at the playbook of an investment firm led by a pair of prominent Memphis businessmen.

42. First Horizon Reports Profitable Quarter -

The first earnings presentation by the Memphis-based parent company of First Tennessee Bank in 2014 – its 150th anniversary – offered a recap of the fourth quarter, in which the company reported lower revenue but higher profit than during the year-ago period.

43. First Horizon Reports Profitable Quarter -

The first earnings presentation by the Memphis-based parent company of First Tennessee Bank in 2014 – its 150th anniversary – offered a recap of the fourth quarter, in which the company reported lower revenue but higher profit than during the year-ago period.

44. First Horizon Reports Profitable Quarter -

The first earnings presentation by the Memphis-based parent company of First Tennessee Bank in 2014 – its 150th anniversary – offered a recap of the fourth quarter, in which the company reported lower revenue but higher profit than during the year-ago period.

45. Wunderlich Closes on $40 Million Investment -

Memphis-based Wunderlich Securities Inc. has closed on its equity capital investment of up to $40 million.

46. Wunderlich Closes on $40 Million Investment -

Memphis-based Wunderlich Securities Inc. has closed on its equity capital investment of up to $40 million.

47. Wunderlich Caps 2013 With Big Investment -

In October, Wunderlich Securities Inc. CEO Gary Wunderlich traveled to Washington to testify in front of a congressional panel about promoting capital formation and job creation on behalf of the Securities Industry and Financial Markets Association.

48. Wunderlich Gets $40 Million to Fuel Growth -

Memphis-based investment firm Wunderlich Securities Inc. is getting up to $40 million in an equity capital investment that will be used to expand several company divisions.

49. First Horizon Stresses Patience to Investors -

The business of banking isn’t exactly a picnic at the moment for a company like First Horizon National Corp., which has made big strides toward lowering its risk profile but continues to see lower near-term profitability than it would like.

50. Developer Buys Land for Somerset Subdivision -

26.3 Acres near Neshoba
And Germantown Roads
Sale Amount: $1.5 million

Sale Date: Oct. 28, 2013
Buyer: Somerset-Exeter GP
Seller: Owen Investments LP
Loan Amount: $2.8 million
Loan Date: Oct. 28, 2013
Maturity Date: Oct. 28, 2016
Lender: Kent Wunderlich
Details: An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

51. Developer Buys Land For Somerset Subdivision -

An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

52. Analysts Give Early Read on Government Shutdown -

Brian Sullivan, president and chief investment officer of Regions Investment Management – a division of Regions Wealth Management – is expecting the federal government shutdown to be short-lived.

53. Wunderlich Securities Grows its Ranks -

Memphis-based Wunderlich Securities Inc. has added five equity capital markets professionals to its ranks.

54. Wunderlich Securities Grows its Ranks -

Memphis-based Wunderlich Securities Inc. has added five equity capital markets professionals to its ranks.

55. Mock Development Pitches Presented to Investors -

At first glance, the four sharks seemed pretty intimidating.

They sat in a row and watched the men in front of them with interest, weighing their options, considering their plans of action.

Then one of them cracked a joke and took a long pull out of a bottle of Bud Light and the mood lightened considerably.

56. Made in Memphis -

Memphis’ geography is limited to roughly 300 square miles, but its identity stretches beyond the city limits, resonating to the far corners of the globe.

The city’s brand has obvious cornerstones, such as its place in the nation’s cultural topography. But setting aside those no-brainers, like the rock ‘n’ roll innovator whose mansion in Whitehaven still attracts gawkers from around the world, a lot of what makes Memphis’ story is the story of what’s made in Memphis.

57. Wunderlich Grows Equity Capital Markets Division -

Memphis-based brokerage firm Wunderlich Securities Inc. has named a new director of equity capital markets and added four equity capital market professionals to the department.

58. Wunderlich Expands Equity Capital Markets Division -

Memphis-based brokerage firm Wunderlich Securities Inc. has named a new director of equity capital markets and added four equity capital market professionals to the department.

59. First Horizon Grows Profit in Quarter -

Memphis-based First Horizon National Corp., the parent company of First Tennessee Bank, kicked off its first quarterly earnings announcement of 2013 by meeting analyst expectations and reporting a profit of $42.2 million, up from $30.5 million during the first quarter of 2012.

60. First Horizon Grows Profit as Expenses Fall -

Memphis-based First Horizon National Corp., the parent company of First Tennessee Bank, kicked off its first quarterly earnings announcement of 2013 by meeting analyst expectations and reporting a profit of $42.2 million, up from $30.5 million during the first quarter of 2012.

61. Memphis Firm Continues to Press Dell -

The Memphis-based investment firm opposing Dell Inc.’s proposed $24.4 billion buyout because it says the amount undervalues the company is continuing to press its case, sending a letter this week to Dell’s board at the same time Dell’s share price was climbing higher.

62. NBA Approves Pera as New Grizzlies Owner -

Thanks to a unanimous vote of approval from the NBA Board of Governors, Robert Pera is a few days away from being the new owner of the Memphis Grizzlies.

63. J.D. Byrider Brings First Franchise To Memphis -

The nation’s largest used car franchise company has entered the Memphis market. Carmel, Ind.-based J.D. Byrider has inked 30,900 square feet at 2580 Mount Moriah Road, marking the company’s second Tennessee dealership.

64. Financial Industry Continues to Evolve -

Here’s a roundup of what some of the city’s banks and bankers, investment professionals, and other financial services shops have been up to in recent weeks.

On the personnel front, Financial Federal recently appointed bank president William Tayloe to the board. Tayloe will be responsible for repositioning and expanding the company’s presence locally and elsewhere.

65. Growth Streak -

Andrew Holliday and Daniel Brown, the founding partners of Memphis-based branding and marketing firm Harvest Creative, used to joke about one day making the Inc. 500|5000, the list published each year by Inc. Magazine that honors the fastest-growing private companies in the U.S.

66. Pera Open to Local Partners in Grizz Bid -

In the course of meetings with business and civic leaders here over the last couple of weeks, California technology businessman Robert Pera has decided it would be a good idea to bring local partners into his bid to purchase the Memphis Grizzlies.

67. Analyst: Potential Griz Owner is a “Strong CEO” -

The prospective owner of the Memphis Grizzlies is a “very strong CEO” who’s built a next-generation communications technology company with a “pretty dramatic growth story.”

68. County’s Mortgage Lending Up in May -

When bank customers are seen doing something seemingly as simple as making plans for the future – plans, of course, that involve spending money – that conveys a lot to someone like Mike Edwards, Paragon Bank’s president and chief operating officer.

69. FHN Posts Profit, Increases Share Buyback to $200M -

The Memphis-based parent company of First Tennessee Bank reported a 12-cent per share profit for the first quarter before the stock market’s opening bell Thursday, April 19.

70. New Chapters -

It’s a new day at prominent investment firms in Memphis. Different degrees of change are on tap at Morgan Keegan & Co. Inc., Duncan-Williams Inc. and Wunderlich Securities Inc. And though it’s reshaping the inner workings of those firms at the moment, some of those changes also could have an impact on the city around them.

71. Wunderlich Securities Inc. Expands Private Client Group in Houston -

Memphis-based Wunderlich Securities Inc. has expanded its private client group in Houston.

A financial group comprised of three people in Houston with $65 million in assets under administration has joined the firm.

72. Trading Hands -

It’s been something of a roller coaster ride for a little more than six months in the drawn-out process by Regions Financial Corp. to sell Morgan Keegan & Co. Inc., its Memphis-based investment unit.

73. Details Emerge in Morgan Keegan Sale -

During a conference call with analysts early Thursday, Jan. 12, one day after announcing their firm’s acquisition of Morgan Keegan & Co. Inc. for $930 million, Raymond James Financial Inc. officials shared new details that employees of the Memphis firm had been waiting to hear.

74. Wunderlich Announces 6 Energy Banking Hires -

Memphis-based Wunderlich Securities has hired six energy investment banking professionals from Pritchard Capital Partners LLC, an energy investment banking boutique.

75. Seeing Success -

On the surface, they don’t have much in common other than their home turf. They include everything from a venerable law firm, prominent regional investment companies, tech firms and even a business that manufactures food products like hot dogs and sandwich meats.

76. Biggest Local Banks Repay TARP -

The two biggest Memphis banks that got emergency capital from the federal government in 2008 as part of a dramatic bank industry rescue have now repaid that money and exited the program.

Magna Bank became the latest local institution to remove itself from the Troubled Asset Relief Program when a few days ago it finished repaying almost $14 million.

77. Wunderlich Equity Announces New Hires -

Trace Urdan and Jeff Lee have joined Wunderlich Equity Capital Markets as a senior vice president and vice president respectively. Both will cover the education services sphere.

Urdan has twice been cited as an all-star analyst by The Wall Street Journal. He is widely cited as a global expert on for-profit education and e-learning trends.

78. Local Companies Working to Navigate Economic Straits -

The financial services business seems like a tough one to be in these days.

Investors have for the last few weeks treated bank stocks like the piñata of Wall Street. Bankers, attorneys and investment professionals have boiled a massive government overhaul of the country’s financial regulations down to clipped phrases like “finreg” and “Dodd-Frank” that they speak of often with a grumble or a shaking of the head.

79. Wunderlich Securities Continues Growth Streak -

Memphis-based Wunderlich Securities Inc. has added six institutional fixed-income professionals over the past two months, continuing a growth streak for the firm that’s seen multiple offices open within the past year and scores of new employees hired.

80. Dollar Signs -

From wealth management to accounting to investment firms, plenty of financial services companies in Memphis are enjoying a robust level of growth that might seem surprising to an outsider.

Yet it’s clear the economic recovery is well under way, and companies with strong fundamentals are reaping rewards.

81. All Eyes on First Horizon in Advance of Q4 Report -

The consensus estimate of how First Tennessee Bank’s parent company fared in the fourth quarter is that it dipped back into the red following two straight quarterly profits.

82. 2010 Year of Changes for Financial Services Industry -

From the high finance of Wall Street to the Main Street banks in Memphis that make loans and collect deposits, no corner of the financial services industry was spared from dramatic changes in 2010.

83. First Horizon to Repay TARP Funds -

First Tennessee Bank’s top brass can cross two big items off the company to-do list.

The largest Tennessee-based banking company has announced its intention to repay the investment of $866 million in emergency federal funds injected into the company in late 2008.

84. First Tennessee Parent to Repay TARP -

First Tennessee Bank's top brass can cross two big items off the company to-do list.

The largest Tennessee-based banking company has announced its intention to repay the investment of $866 million in emergency federal funds injected into the company in late 2008 as part of the government rescue of the financial system.

85. First Horizon Scores Another Surprise Profit -

For the second quarter in a row, the parent company of First Tennessee Bank has posted a surprise profit and soundly beat even the most optimistic analyst forecast.

86. First Horizon Scores Another Surprise Profit -

For the second quarter in a row, the parent company of First Tennessee Bank has posted a surprise profit and soundly beat even the most optimistic analyst forecast.

87. First Tennessee on Cusp of Profitability -

Memphis’ most prominent local bank – which is also the largest based in Tennessee – looks close to breaking an eight-quarter string of earnings losses.

The average estimate among 26 analysts who cover the stock of Memphis-based First Horizon National Corp., the parent company of First Tennessee Bank, is that First Horizon will report another loss when it unveils its second quarter earnings in two weeks. But the loss will likely be a small one.

88. Reform Views Vary Among Local Bankers -

U.S. Sen. Bob Corker, R-Tenn., slammed the debate over financial reform legislation in no uncertain terms during the Tennessee Bankers Association annual meeting last week in Nashville.

“My strategy is to pray,” said Corker, who’s also a member of the congressional negotiating team that will reconcile differences between separate reform bills and merge them together.

89. Cohen Joins Fight Against Mega-Banks -

Limit risk-taking.

Create a new super-regulator. Use a sale of bank assets to pay for cleaning up the next mammoth meltdown.

As lawmakers consider those and other ideas in putting the final touches on financial overhaul legislation, U.S. Rep. Steve Cohen, D-Memphis, wants another proposal placed on the table: putting a ceiling on how large banks can grow.

90. Little Guys, Big Guys -

No one would mistake a local institution like Tri-State Bank for one of Wall Street’s mighty titans of finance, whose recent woes brought the U.S. and world economies to their knees.

91. Slow Road to Rebound -

Don’t bother listening for the sound of champagne corks popping.

Instead of celebrating the end of 2009’s financial turmoil, many bankers and industry professionals in the Memphis area are greeting the arrival of a new year with a sigh of relief. And they’re recommitting themselves to game plans cobbled together either last year or back in 2008 to put their institutions on firmer footing.

92. Mixed Signals Remain for Local Banking Industry -

The old proverb about the fear of dismounting a tiger – once you’re riding one, you can’t hop off without becoming easy prey for the beast – seems applicable to the banking industry at the moment.

The tiger it’s riding is an economy marked by delinquent mortgages, companies shedding jobs and unpaid consumer loans stacking up as borrowers fall further behind. As a result of that upheaval, the U.S. government has basically turned into a vast holding company sitting on giant stakes in automakers and hundreds of banks.

93. Banking Field Trip Shows Signs Of Local Recovery -

The economy is beginning to see a small break in the clouds.

Local banks are warm to the possibility of gobbling up other banks and failed rivals if government financial backing is part of the deal.

94. Banks Pay Back $30M in Interest on TARP Money -

The federal government has collected almost $30 million in interest payments from Memphis-area banks that got emergency capital starting last year, according to a new report from the U.S. Treasury.

95. Time Warner Expects $25B Charge, Loss for Year -

NEW YORK (AP) - Media company Time Warner Inc. said Wednesday that it expects a fourth-quarter charge of $25 billion to write down the value of its cable, publishing and AOL assets, leading to a loss for the year.

96. U of M Names Slater Emergency Preparedness Coordinator -

Shelby L. Slater has been hired at the University of Memphis as its first emergency preparedness coordinator.

Slater will assess, develop and maintain the university’s crisis management plan, facilitate integration of the Incident Command System into emergency planning activities and evaluate emergency communication needs.

97. Phillips to Become President of Optometry School -

Dr. Richard W. Phillips has been named president-elect of Southern College of Optometry in Memphis. Phillips is a 1978 graduate of the college and the former regional executive director for Tennessee operations for TLC - Laser Eye Centers. He will be only the sixth person to hold the office in the college's 75-year history. Phillips will assume the presidency May 17. He is replacing William E. Cochran, who is retiring.

98. Wunderlich to Open Office in New York -     Wunderlich Securities Inc., an investment banking firm headquartered in Memphis, signed a five-year lease Thursday to open a new branch office at 200 Old Country Road in Mineola, New York.
    The comp