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Editorial Results (free)

1. Slide in banks, energy firms weighs on US stock indexes -

Stocks drifted mostly lower in late-afternoon trading on Wall Street Thursday, on track to add to the market's modest losses a day earlier. A slide in banks and energy companies offset solid gains for the technology sector. Homebuilders also declined following new data showing sales of new U.S. homes slumped in July.

2. S&P 500 Touches All-Time High as Earnings Drive Stock Gains -

U.S. stocks moved higher Tuesday afternoon, placing the S&P 500 on track for an all-time high. The benchmark index of large U.S. companies briefly traded just above its last closing high set seven months ago. The latest gains came as investors welcomed solid results from homebuilders, retailers and other companies. Technology stocks and banks also rose.

3. What Trade War? Markets Shrug Off US-China Dueling Tariffs -

Trade war? What trade war?

Wall Street shrugged off the escalation of a trade dispute between the world's two largest economies Friday after the U.S. imposed tariffs on billions in Chinese goods and China responded in kind.

4. US Stocks Finish Lower in Light Trading Ahead of US Holiday -

U.S. stocks closed lower Tuesday following a swift sell-off in the final minutes of a shortened trading session ahead of the Independence Day holiday.

The losses snapped a three-day winning streak for the stock market, wiping out modest gains from earlier in the day.

5. Hollywood Feed Promotes Ross To Director of Marketing -

Anne Ross has been promoted to director of marketing at Hollywood Feed. Having been with the Memphis-based natural pet food chain for more than five years, she now oversees all of the company’s marketing and communication efforts throughout the region in its 70 stores.

6. Events -

The Super Chevy Show auto show kicks of its 2017 national tour Friday through Sunday, April 7-9, at Memphis International Raceway, 5500 Victory Lane in Millington. The show will feature drag racing, a professionally judged car show, a nonjudged “Show ‘n’ Shine,” an automotive swap meet, a pro show with jet cars and wheelstanders, and more. Visit superchevy.com/show for hours and tickets.

7. Events -

The Metal Museum will kick off its 2017 Whet Thursday series April 6 from 5 p.m. to 8 p.m. at 374 Metal Museum Drive. Attendees can tour the museum and grounds, watch a metalsmithing demonstration, and enjoy food trucks, cash bar and live music. Cost is free. Visit metalmuseum.org.

8. 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.

9. Millennials Hire Computers to Invest Their Money -

PHOENIX (AP) – Computers help us decide what route to take to the grocery store, who to date, and what music to listen to. Why shouldn't they also decide how we invest?

Younger investors, particularly those born in the early 1980s to late 1990s known as millennials, are increasingly adopting apps and what are known as robo-advisers to make their retirement decisions for them. In the last year Betterment, Wealthfront, Acorns and others have brought in several billions of dollars in assets that used to be handled by traditional brokerages or wealth advisers.

10. Autopilot For Faster Accumulation -

Ray’s Take Out-of-sight, out-of-mind saving and investing is a great way to increase your money.

Automatic money transfers can be your best friend when it comes to investing and saving. By setting up an “autopilot” for your investment and saving accounts, you don’t touch, or see, the money. It goes directly into your savings and investment vehicles. This is a great way to pay yourself first (PYF) with no effort beyond setting up the money transfer from your paycheck.

11. Red Door Wealth Management Launches App -

Banks tend to be the ones most frequently jumping into the smartphone app game among financial services companies. But that doesn’t mean other such firms don’t see plenty to like about putting all those layers of functionality into their clients’ hands.

12. How Well Did the Fed's Stimulus Work? -

NEW YORK (AP) – Soaring inflation. A collapsing dollar. Bubbles in financial markets that would soon pop. One presidential candidate even suggested that the Federal Reserve chairman should be roughed up.

13. Why Rate Hikes are Good News for Stocks -

NEW YORK (AP) – It's no surprise that the prospect of a Federal Reserve rate hike worries stock investors.

The Fed's unprecedented economic stimulus has in large part driven a surge in stock prices since 2009. The central bank has bought trillions of dollars of bonds and kept short-term interest rates close to zero. That's allowed businesses and consumers to refinance their debt at lower rates, freeing up cash to spend.

14. FedEx Founder Highlights Economic Club Fall Slate -

FedEx founder Fred Smith will make a rare public speaking appearance in Memphis Nov. 6, as part of the fall 2014 lineup of speakers planned for the Economic Club of Memphis.

15. Guidingpoint Financial Adds New Adviser -

Michael Turner has joined Guidingpoint Financial Group, a financial advisory practice of Ameriprise Financial Services Inc., as an adviser.

16. Guidingpoint Financial Adds New Adviser -

Michael Turner has joined Guidingpoint Financial Group, a financial advisory practice of Ameriprise Financial Services Inc., as an adviser.

17. 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.

18. Workers Going It Alone for Retirement Funds -

When it comes to funding their retirements, most workers say they will need to come up with the money themselves rather than rely on government assistance, according to a survey released Thursday by Charles Schwab Corp.

19. Workers Going It Alone for Retirement Funds -

When it comes to funding their retirements, most workers say they will need to come up with the money themselves rather than rely on government assistance, according to a survey released Thursday by Charles Schwab Corp.

20. Waddell’s Ideals Centered on Consistency, Honesty -

At a recent appearance in Nashville before an audience of 100 clients, friends and employees at the Country Music Hall of Fame, David Waddell of Waddell & Associates Inc. gave his company’s annual state of the union address.

21. Schwab Completes Acquisition of Compliance 11 -

SAN FRANCISCO (AP) – Discount broker Charles Schwab Corp. said on Wednesday that it has completed its acquisition of Compliance11 Inc., a provider of software that companies use to ensure their trading and other operations comply with financial regulations.

22. Ellis Joins Kelman-Lazarov As Client Services Rep -

Kristen Mattingly Ellis has seen a whirlwind of personal and professional change over the past few months.

23. Stocks Recover After Bernanke Predicts US Growth -

Stocks rose in afternoon trading Friday after Federal Reserve Chairman Ben Bernanke said the U.S. is on track for long-term economic growth.

Trading volume was light, a sign that many traders were leaving the New York area ahead of Hurricane Irene. The storm is expected to reach the region late Saturday night. A spokesman for the New York Stock Exchange said trading is expected to open as usual on Monday.

24. Kelman-Lazarov Announces New Hire -

Kristen Mattingly Ellis has joined wealth management and financial planning firm Kelman-Lazarov Inc. as a registered representative.

25. Stocks Mixed After Biggest Day in a Year -

NEW YORK (AP) — One day after the Dow Jones industrial average had its best day this year, the stock market is drifting between slight gains and losses Wednesday. Analysts say concerns about lifting the U.S. debt limit are trumping strong earnings from Apple and a slew of new deals.

26. Retirement Investors Await Debt Ceiling Solution -

DES MOINES, Iowa (AP) – They have one eye on Washington and the other on Wall Street. Investors are paying close attention because the contentious debate in Congress could have very serious implications for their 401(k) accounts.

27. Charles Schwab Client Trading Tumbles in May -

SAN FRANCISCO (AP) – Retail brokerage Charles Schwab Corp. said on Tuesday that trading by its clients dropped nearly 23 percent in May compared with the same month a year ago.

28. IronHorse Capital Finds Niche Within Complex Economy -

David Waddell, Kerr Tigrett and Chad Cunningham recognized opportunity amid the Great Recession two years ago.

29. BofA, Citi, Wells Warn of Mortgage Lawsuits -

NEW YORK (AP) – Large U.S. banks are saying they could face rising costs related to litigation related to mortgage loans.

In regulatory filings Friday, Bank of America Corp., Citigroup Inc., and Wells Fargo & Co. warned that they are being sued by investors which could lead to losses.

30. Banking Group Spent $390K Lobbying in First Quarter -

The Consumer Bankers Association spent $390,000 lobbying the federal government in the first quarter on sweeping legislation to overhaul financial regulation and a number of other issues, a disclosure report shows.

31. Government Soon To Require Clearer 401(k) Fees -

DES MOINES, Iowa (AP) – Who would choose to buy something without knowing exactly how much it costs? Few people would. Yet that’s what millions of investors do when they sign up for a 401(k) plan.

32. Fuhrman Joins Investec Realty Services -

Eric Fuhrman has joined Investec Realty Services. Fuhrman is a Certified Commercial Investment Member and a six-year veteran in commercial sales and leasing.

Hometown: Born in Des Plaines, Ill., a suburb of Chicago
Work Experience: One of my favorite work experiences was training police divers in underwater search and recovery with the National Academy of Police Diving. Later I worked as an estimator/project manager for a commercial construction firm and most recently transferred to Investec Realty Services after five-plus years with Crye-Leike Commercial.
Family: My wife, Joanna, is a local and we have five children – Gabe, 11; Audrey, 10; Sam, 8; Ellie, 4; and Molly, three weeks.
Favorite quote: “A man can succeed at almost anything for which he has unlimited enthusiasm,” Charles M. Schwab.
Activities you enjoy outside of work? I love running with the family. We try to hit most of the 5Ks around town. As of one week ago, I am the director of the SYS Golden Saints Track & Field Team. Go Saints!
Why did you pursue a career in real estate? I believe that God never wastes life experiences on us. This field seemed like a blend of many of my life experiences.
What do you consider your greatest professional accomplishments? Earning my designation as a Certified Commercial Investment Member was a proud moment although I feel that it is an equally great accomplishment anytime I am able to meet a need for one of my clients through a commercial real estate transaction.
What do you most enjoy about your work? I really like the team concept promoted at Investec. I couldn’t be happier to work alongside Jon Albright and tackle some of the amazing projects we have coming down the pipeline.

33. Schwab Settles Mortgage-Backed Securities Suit -

SAN FRANCISCO (AP) - Charles Schwab will pay $200 million to resolve a federal class action lawsuit filed by investors who say the financial holding company misled them over the safety of mortgage-backed securities.

34. UT’s Hathaway Named To Ruth Neil Murry Endowed Chair -

Dr. Donna Hathaway has been named to the Ruth Neil Murry Endowed Chair in Nursing at the University of Tennessee College of Nursing.

35. SEC Chief Says New Short-Selling Rules a Priority -

WASHINGTON (AP) - The head of the Securities and Exchange Commission said Tuesday she is making the issue of new rules restricting short-selling a priority as the agency heard from an array of interests about ways to limit trades that bet against a stock.

36. Down Market Hits 1-Year Mark with No Clear Bottom -

CHICAGO (AP) - The bear market that is ravaging investor portfolios is now one of the worst in modern U.S. history and has wiped out more than $7 trillion in shareholder value, with no bottom clearly in sight.

37. SEC Bans Short-Selling of Financial Stocks -

WASHINGTON (AP) – The federal government, trying to boost investor confidence in the face of a market crisis, took the dramatic step Friday of temporarily banning a practice of betting against financial stocks.

38. Small Firms Beef Up Retirement Services -

Small businesses are helping employees become better managers - of their own money.

When it comes to managing their retirement-savings accounts, small-business employees often are at a disadvantage compared with their counterparts at large companies. Corporations typically employ large in-house human-resources staff and offer analytical tools and money-management services that are cost prohibitive for small firms.

39. Employers Boost 401(k)s To Meet Workers’ Demand -

CHICAGO (AP) – Corporate America may have turned its back on traditional pensions, but it appears to be embracing 401(k)s more than ever.

While retirement savings remain largely up to employees, companies are spending more to strengthen their plans through features that boost savings such as automatic enrollment, advice and more investment options. Some also are increasing or initiating matching contributions.

40. Bank of America's Lewis Says Deal for Countrywide "Is a Go" -

CHARLOTTE, N.C. (AP) - Bank of America Corp. is moving forward with its purchase of beleaguered mortgage lender Countrywide Financial Corp., Chief Executive Ken Lewis said Tuesday.

"At this point, everything is a go to complete this transaction," Lewis said at an investor conference in New York.

41. Frey Named Alpha Eta Society National President -

Dr. William R. Frey recently was selected as the national president of the Alpha Eta Society, the largest scholastic honor for allied health professionals. The organization has more than 60 chapters throughout the U.S.

42. Investors See Ingredients of Black Monday in Today's Markets, Also Differences -

NEW YORK (AP) - "We who are about to die salute you."

A wary Art Cashin heard this phrase in its original Latin - morituri te salutamus - from a fellow trader and student of the classics early on a day 20 years ago that would earn the ignoble title Black Monday and serve as a lesson about the fragility of rising stock markets.

43. Archived Article: Daily Digest - $10 Million Restoration

$10 Million Restoration

Planned for Wolf River

An agreement between Shelby County, the U.S. Army Corps of Engineers and the Chickasaw Basin Authority will lead to a $10 million environmental restoration project on th...

44. Archived Article: Calendar - Calendar of events April 21-27

Calendar of events April 21-April 27

April 21

Memphis Investors Group presents Surviving as a Real Estate Investor at 7 p.m. at the Memphis Area Home Builders Association, 776 N. Germantown Parkway. For inform...

45. Archived Article: Calendar - Calendar of events March 24-30

Calendar of events March 24-March 30

March 26

The Metropolitan Inter-Faith Association presents its RSVP Lunch and Learn Series from 10 a.m. to 1:30 p.m. at Evergreen Presbyterian Church, 613 University St. Co...

46. Archived Article: Daily Digest - House passes

House approves

bankruptcy bill

The U.S. House of Representatives passed an omnibus bankruptcy reform measure Wednesday, the seventh time such a measure has passed in recent years. The bipartisan vote was 315-113, with 90 Democr...

47. Archived Article: Focus (invest) - Technology pits tradition, trends in stock trading Technology pits tradition, trends in stock trading By KATHLEEN BURT The Daily News Its been a struggle since two people inhabited the earth old ideas vs. new. On one side, a tempting morsel, in this...

48. Archived Article: Graphic (tech) - Top sites revenues grow 1,000 percent Top sites revenues grow 1,000 percent The Top 100 Web sites have reported average revenue growth greater than 1,000 percent according to Peterborough, N.H.-based ActivMedia Research. In order to make the Top 100...

49. Archived Article: Benchmark - Internet Broker Outages Cause Losses, Spur Investors sue Internet broker Recent glitches and outages at online brokers have caused some investors to rethink their rapid "day trading" approach to the stock market and spurred others to file ...

50. Archived Article: Tech Focus - Ready to take on the roller coaster ride of the stock market Taking stock in the 'Net   Discount brokerages offer Web sites for investors, some offer human touch as well through local offices By KATHLEEN BURT The Daily News Ready to take on the...

51. Archived Article: Marketplace Chg - Online trading Tops in íNet trading The number of online brokerage firms increases 39 percent from last year; Barrons surveys the top online brokers By CAMILLE H. GAMBLE The Daily News A year ago investing online was farfetched to some invest...

52. Archived Article: Tech Focus Chg - Jobs online Jobs online Employment search sites and corporate sites offer information on job opportunities By CAMILLE H. GAMBLE The Daily News There are more ways to find a job that just searching the classifieds. More and more people, especially co...

53. Archived Article: Focus Chg - Trading on the Web Trading on the Web Brokerage firms are popping up on the Internet with trading services By CAMILLE H. GAMBLE The Daily News Trading stocks on the Internet via the personal computer may allow investors to save a little money, but l...