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Editorial Results (free)

1. There’s an App for That -

Cole Giovannetti is one of those weekend athletes who can’t stop training, or finding different ways to train.

“I found I like to work out at high-end gyms doing different things,” the 37-year-old Red Door Wealth Management executive said. “My wife said, ‘Enough with all these gym memberships,’ but I didn’t want to stop.”

2. Bain Capital Buying Varsity Brands for $2.5B -

Memphis-based Varsity Brands Inc. is being purchased by Bain Capital Private Equity in a deal Varsity says will help it "accelerate our growth to the next level."

3. Bain Capital Buying Varsity Brands for $2.5B -

Memphis-based Varsity Brands Inc. is being purchased by Bain Capital Private Equity in a deal Varsity says will help it "accelerate our growth to the next level."

4. 100 North Main -

The city’s tallest building, the 37-story 100 North Main Building – may or may not become the city’s second convention center hotel. But the skyscraper that has been vacant for four years and counting is the centerpiece of a 3-acre planned commercial complex anchored by a 600-room hotel, no matter where it winds up in the footprint. The complex, as much as the hotel, promises to change more than the city’s convention business.

5. Inner Fortitude -

Amid a teacher shortage attributed partly to economic opportunities luring away candidates, local educators are creating urban teaching programs and adopting new recruitment strategies.

Rhodes College is launching a master’s program in urban education in June and is offering a $10,000 scholarship to each student. If the student receives a Stafford federal loan of $15,000 and commits to teaching at a “high-need” school, the degree essentially will be free.

6. Memphis Army Depot, CA Building Get New Owners -

2028 Memphis Depot Pkwy.
Memphis, TN 38114

Sale Amount: $50 million

7. Starbucks to Close Stores for Afternoon for Bias Training -

NEW YORK (AP) — Starbucks, trying to tamp down a racially charged uproar over the arrest of two black men at one of its stores in Philadelphia, plans to close more than 8,000 U.S. stores for several hours next month to conduct racial-bias training for its nearly 175,000 workers.

8. Frontier Gun Maker Remington Seeks Bankruptcy Protection -

Remington, the storied gun maker that began turning out flintlock rifles when there were only 19 states in the Union, has filed for bankruptcy reorganization amid years of slumping sales and legal and financial pressure over the Sandy Hook school massacre.

9. CSE’s Martin Helping Students Find Their Voice -

Katie Martin’s required coursework in her dual degree master’s program at the University of Texas in Austin had the Texas native walking the length of a specific dichotomy every day.

10. Memphis Investment Firm Wins Industry Award -

Highland Capital Management in Memphis has been awarded a Top Guns designation by Informa Investment Solutions’ PSN manager database, North America’s longest-running database of investment managers.

11. Memphis Investment Firm Wins Industry Award -

Highland Capital Management in Memphis has been awarded a Top Guns designation by Informa Investment Solutions’ PSN manager database, North America’s longest-running database of investment managers.

12. Orpheum CEO Batterson Honored For Excellence in Performing Arts -

Brett Batterson, president and CEO of the Orpheum Theatre Group, has been named the North American Performing Arts Managers and Agents’ 2017 Presenter of the Year. The award honors individuals in the performing arts field for their excellence in exemplifying mentoring; setting an example of best practices, achievement and leadership in their discipline; and cultivating diversity, practicing inclusion, and creating equity for underserved members of the community.

13. City's Tentative Fairgrounds Plan Confirms Separating Coliseum from Youth Sports -

Memphis Mayor Jim Strickland’s tentative plan for the redevelopment of the Mid-South Fairgrounds, presented Monday, Nov. 6, included a renovation of old Melrose High School in neighboring Orange Mound and a confirmation that the city administration doesn’t think the Mid-South Coliseum should be part of a youth sports tournament complex.

14. Shelby County to Overhaul Criminal Justice Center -

201 Poplar Ave.
Memphis, TN 38103

Permit Amount: $17 million

Application Date: October 2017

15. Apartment Community Sells for $50 Million -

One of Memphis’ largest apartment communities, the 1,002-unit Madison Cypress Lakes Apartments, has sold for $47.8 million, or $47,704 per unit.

Rockville, Maryland-based CAPREIT, working as Tilden Fundamental Cypress Lakes Apartments LLC, bought the East Memphis property Friday, Oct. 6, from Water Grove Investors LLC, an affiliate of Philadelphia-based Madison Apartment Group LP.

16. Investor Buys Quince Road Apartments for $47.8 Million -

One of Memphis’ largest apartment communities, the 1,002-unit Madison Cypress Lakes Apartments, has sold for $47.8 million, or $47,704 per unit.

Rockville, Maryland-based CAPREIT, working as Tilden Fundamental Cypress Lakes Apartments LLC, bought the East Memphis property Friday, Oct. 6, from Water Grove Investors LLC, an affiliate of Philadelphia-based Madison Apartment Group LP.

17. Southeast Shelby County Apartments Sell for $56M -

Preserve at Forest Creek, a sprawling southeast Shelby County apartment complex, has switched hands for more than $56 million.

In the deal, Blackstone, a New York City investment firm doing business as BRE Piper MF Forest Creek TN, sold the roughly 36-acre property to Columbus, Ohio-based investment management firm Coastal Ridge Real Estate doing business as PFC Memphis Borrowers for $56.6 million, according to a warranty deed filed on Sept. 14 with the Shelby County Register of Deeds.

18. 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,

19. One Decade Later: Effects of Financial Crisis Still Linger -

Ten years removed from the worst financial crisis since the Great Depression, the banking industry has transformed itself and wealth managers say investors remain leery.

Among other things, First Tennessee Bank jettisoned its national mortgage operation in the wake of the crisis. It refocused its attention and efforts around being a strong regional bank, as opposed to one with aggressive national ambitions. It trimmed headcount, boosted investment in technology and began to specialize, creating new industry-specific teams in verticals like health care and music-industry banking.

20. Bartlett Shopping Center Sells for Nearly $30M -

An Atlanta-based real estate investment firm has made its first purchase in the Memphis market with the acquisition of a 198,103-square-foot shopping center in the heart of Bartlett.

The Bartlett Towne Centre, located at 6005 Stage Road, was acquired by Branch Properties LLC from Houston-based real estate investment trust Weingarten Realty for $28.8 million.

21. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1-million-square-foot industrial portfolio for $33.1 million. Details on that and more commercial real estate news in this week's Real Estate Recap...

22. Faropoint Acquires Massive Industrial Portfolio for $33.1M -

Looking to continue its recent trend of bullish activity in the Memphis market, Faropoint Ventures has acquired a 1.1 million-square-foot industrial portfolio for $33.1 million.

The seller was Greenfield Partners LLC, a Connecticut-based private equity firm. 

23. $12 Million Permit Filed For Hickman Building -

240 Madison Ave.
Memphis, TN 38103

Permit Amount: $12 million

Project Cost: $16 million

Application Date: February 2016

24. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert part of a historic but long-vacant Downtown building into its new headquarters.

The $16 million project seeks to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses the Memphis-based investment firm's headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

25. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

26. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

27. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

28. SouthernSun Converting Historic Downtown Building to New HQ -

SouthernSun Asset Management is preparing to convert a historic but long-vacant Downtown building into its new headquarters.

The Memphis-based investment management firm plans to invest around $16 million to turn the nine-story Hickman Building, 240 Madison Ave., into a mixed-use project that houses its headquarters as well as 40 apartments, 5,000 square feet of street-level retail and a connected parking structure.

29. Attorney Harkavy Named To Wyatt’s Executive Committee -

Lee A. Harkavy is one of two attorneys from the Memphis office of Wyatt, Tarrant & Combs LLP to be named to the regional law firm’s executive committee. Harkavy is a commercial transactional attorney focused primarily on representing businesses in their external growth endeavors or exit strategies. In that capacity, he advises clients on mergers, acquisitions and dispositions, and capital-raising transactions.

30. Stanifer Takes On Creative Role at Hollywood Feed -

Hollywood Feed has promoted Katherine Stanifer to graphic art manager, a role that includes serving as the lead graphic designer for brand assets for the retailer’s 50 locations across the Southeast. Stanifer works closely with Hollywood Feed’s director of advertising & creative, Billie Claire Darby, on a variety of projects ranging from internal training videos to monthly sales catalogs.

31. McDonald's Sells China Business in Deal Worth Up to $2.1B -

HONG KONG (AP) – Fast-food giant McDonald's is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion, the companies said Monday.

32. Convention Center Hotel Plan Hinges on Financing -

For years the Memphis convention and tourism industry has known which comes first in the chicken-and-egg argument about drawing more convention business. More hotel rooms with meeting space take top priority in an environment where there is just enough political will for a $60 million renovation of the Memphis Cook Convention Center but not enough to build and finance a new convention center.

33. Convention Center Hotel Proposal Surfaces -

A Denver financier whose work in the last 15 years is in developing and financing convention center hotels has very general plans for a 600-room Memphis Convention Center hotel at Front and Poplar where the Mud Island parking garage is currently.

34. Convention Center Hotel Proposal Surfaces -

A Denver financier whose work in the last 15 years is in developing and financing convention center hotels has very general plans for a 600-room Memphis Convention Center hotel at Front and Poplar where the Mud Island parking garage is currently.

35. Real Estate Awakening -

The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.

When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.

36. Another Bid From China for US Hotel; $6.5B for Hilton Stake -

NEW YORK (AP) – HNA Group is snapping up a 25 percent ownership stake of the Hilton hotel chain for about $6.5 billion, the latest attempt by a Chinese interest to acquire real estate in the U.S.

37. SEACAP Financial Helping Clients Navigate Economic Waves -

What, a prospective client might fairly wonder, is a Memphis-based business advisory group doing with the name SEACAP Financial? Don’t they realize their nearest shore is beside the Mississippi River?

38. Smith Helps Mayor Pick the Right Team -

As chief human resources officer for the city of Memphis, Alexandria Smith is responsible for the HR strategy and talent management for the city as an employer. She provides advice to the mayor and senior leadership team, a role that has played an important part in shaping the city’s future, including leading the recent search for a police chief.

39. Hostess, Four Years After Bankruptcy, Will Go Public Again -

NEW YORK (AP) – Almost four years after seeking bankruptcy protection under a barrage of labor issues and rapidly changing appetites, the maker of Twinkies and Ding Dongs will take the stage once again as a publicly traded company.

40. As Desire to Acquire Mounts, So Does Risk of Losses -

NEW YORK (AP) – The word suggests compassion, benevolence. It even sounds nice: Goodwill. Mankind needs more of it. But in the financial world, there may be far too much already.

Goodwill is the accounting term for the premium that companies pay when they buy each other, over the value of the actual assets being purchased, such as factories, products in a warehouse and office equipment. Goodwill is the value placed on the intangible, special something about the company being bought – its reputation, perhaps, or its skilled workforce or corporate culture.

41. Snapshot: How Memphis-Based Public Companies are Faring -

Acquisitions have been a common theme among many Memphis-based public companies the past few quarters. Here is a roundup of those transactions and other business highlights from each of the companies.

42. Tennessee Leads the Nation in Bankruptcies -

Tennessee has a model program for financial literacy in its public schools. All high school students must pass a personal finance course to graduate, and even kindergartners are learning about money under a new initiative to extend the curriculum to primary school.

43. Financial Adviser, To Millennial Investors: Don’t Rush -

As a financial adviser with Morgan Stanley Global Wealth Management in Memphis, Kevin Kimery’s vantage point gives him visibility into the full spectrum of investment behaviors and client types – as well as common mistakes he sees new investors make.

44. Memphis-based Payday And Title Lender Acquired -

Cleveland, Tenn.-based Check Into Cash has acquired a private, family owned and operated payday and title lending operation - Equity Management Group Inc. - that’s based in Memphis.

45. $12.6M Building Permit For New Ballet Memphis HQ -

2144 Madison Ave.
Memphis, TN 38104
Permit Amount: $12.6 million

Owner: Ballet Memphis
Tenant: Ballet Memphis
Architect: Archimania
Contractor: Grinder, Taber & Grinder
Details: Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

46. Memphis Payday and Title Lender Acquired -

Cleveland, Tenn.-based Check Into Cash has acquired a private, family owned and operated payday and title lending operation – Equity Management Group Inc. – that’s based in Memphis.

47. LEDIC Founder Buys Metro 67 Apartments -

The Metro 67 Apartments in Downtown Memphis has been sold by a Dallas equity firm to Scott Ledbetter, founder and chairman-emeritus of LEDIC Management Group in Memphis, and members of his family.

48. Metro 67 Apartments Bought by LEDIC Founder -

The Metro 67 Apartments in Downtown Memphis has been sold by a Dallas equity firm to Scott Ledbetter, founder and chairman-emeritus of LEDIC Management Group in Memphis, and members of his family.

49. Last Word: Election Day, Luttrell Makes It Six, And About "Executive Sessions" -

Can You Feel It? Tuesday is election day in Memphis and across the state in this presidential election year. And all indications are the turnout locally should be above the 24 percent mark we’ve been at in the last two presidential election years.

50. 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.

51. The 5 Applicants for Mud Island Redevelopment -

Each company that applied to redevelop Mud Island River Park has a month to submit its detailed proposal, including specific plans and how they would be financed, to the Riverfront Development Corp.

52. Five Mud Island Proposals Go Public -

A Memphis resort hotel group headed by mortgage banker and hotel manager Paul Westphal is proposing a 500-room resort hotel and spa in Mud Island River Park that would incorporate the island’s River Walk in its lobby.

53. 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.

54. Varsity Brands Acquires Texas-Based Company -

Memphis-based Varsity Brands has acquired Allgoods LLC of Grand Prairie, Texas, an apparel school fundraising company.

55. Varsity Brands Acquires Texas-Based Company -

Memphis-based Varsity Brands has acquired Allgoods LLC of Grand Prairie, Texas, an apparel school fundraising company.

56. Memphis Tennis Tournament’s New Owners Hope to Rejuvenate Annual Event -

Another year, and another new owner of the Memphis men’s professional tennis tournament with big plans for restoring luster to the event – this time as the Memphis Open presented by ServiceMaster celebrates its 40th year.

57. Beale Authority Prepares to Negotiate Lease With Memphis Leaders -

The Beale Street Tourism Development Authority is at what Downtown Memphis Commission president Paul Morris describes as an “awkward interim stage.”

58. Graceland Hotel Developers File $84 Million Construction Loan -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million

59. Graceland Hotel Developers File $84 Million Construction Loan -

The developers behind a massive hotel near Graceland are ready to shake, rattle and roll on the project.

Guest House at Graceland LLC, formed to develop the hotel, has filed an $84 million construction loan for the 450-room resort-style hotel at 3600 Elvis Presley Blvd.

60. Investors Pumping Hundreds of Millions Into Tennessee Startups -

The assignment sounded simple enough: Find out whether more money is coming into Nashville for startups.

If so, where is it coming from and what does it means to entrepreneurs, investors and the rest of us?

61. Avondale Partners Expands Into Memphis -

Avondale Partners, a Nashville-based boutique investment banking and wealth management firm, has opened a new office in Germantown with John Santi heading up the location as managing director.

The new office brings to the Mid-South investment banking and equity research focused on the health care, transportation, logistics and business services sectors as well as a fiduciary investment practice for individuals and institutions.

62. Highland Capital Management Merges With Florida Firm -

Memphis-based investment firm Highland Capital Management has merged with a Florida-based financial firm.

Highland Capital has acquired the assets of ICC Capital Management, a combination that increases client assets under management at Highland to $2.8 billion. As a result, Highland’s parent company, Louisiana-based wealth management firm Argent Financial Group, is now responsible for client assets of more than $11 billion.

63. Crosstown Crossroads -

Richard Spore and his colleague at the Memphis office of the Bass Berry & Sims law firm have worked on several ambitious, game-changing projects like the transformation of Overton Square and Bass Pro Shops’ redevelopment of The Pyramid.

64. Bass Pro Shops Preparing to Build Bowling Alley -

1 A.W. Willis Ave.
Memphis, TN 38103
Permit Amount: $600,000

Application Date: November 2014
Completion: May 2015
Owner: Bass Pro Shops
Tenant: Bass Pro Shops
Architect: OT Marshall Architects
Details: Bass Pro Shops is preparing to install a bowling alley inside The Pyramid.

65. BankTennessee Celebrates 80 Years in Business -

The bank got its start in 1934 as First Federal Savings and Loan Association, founded by a group of local Memphis bankers and businessmen.

In 1997, its name was changed to BankTennessee. And this year, it’s celebrating its 80th anniversary – a milestone that finds the institution as a more expansive organization, coming off one of its most successful years in 2013, with a larger geographic footprint and a much more robust suite of products and services than it started with.

66. 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.

67. Investment Group Buying Varsity Brands -

A private equity firm is in the process of leading an acquisition of Memphis-based Varsity Brands.

The latter is comprised of a portfolio of three school achievement brands – Herff Jones, BSN Sports and Varsity Spirit. Varsity Brands’ current leadership, under the terms of the proposed acquisition agreement, will get to both keep their current positions and join the investment group led by Charlesbank Capital Partners that’s buying the firm.

68. 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.

69. Graceland Expansion Ready to Rock -

After nine years of different ownership and talk of a $250 million expansion beyond Elvis Presley’s mansion, the revitalization of Graceland into a 120-acre campus gets underway Thursday, Aug. 14.

70. Carlisle Corp. Buys Sharky’s Property -

6201 Poplar Ave.
Memphis, TN 38119
Sale Amount: $2.9 million

Sale Date: July 29, 2014
Buyer: Wendelta Property Holdings LLC
Seller: Aaron Muschel
Details: An affiliate of Carlisle Corp. has paid $2.9 million for the recently closed Sharky’s Gulf Grill at 6201 Poplar Ave.

71. Simmons First National Moves Into Tennessee -

A similar history, a foundation in agriculture lending and growth potential attracted Arkansas-based Simmons First National Corp. to buy Community First Bancshares Inc. of Union City, Tenn., and its $1.9 billion subsidiary First State Bank, says Simmons’ Chairman and CEO George A. Makris.

72. Time to Invest in Emerging Markets? -

Emerging markets are a group of countries that are in the process of developing both their infrastructure and economic system.

Emerging countries include the big names that have dominated the space for years like Brazil, Russia, India and China (known as the BRIC), but also smaller developing countries in Emerging Asia, South America and Eastern Europe.

73. Start Co. Forms New Investment Partnership -

Andre Mouton, director of investment at the Singapore-based boutique investment firm Angaros Group, traveled to Memphis last year to participate in the “Investor Day” for Seed Hatchery, the startup accelerator whose programming culminates with participating startups to make funding pitches to investors.

74. Boston Group Buys SouthernSun Asset Management -

Boston-based Affiliated Managers Group Inc. has bought a majority equity interest in Memphis-based investment management firm SouthernSun Asset Management LLC.

75. Wunderlich Closes on $40 Million Investment -

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

76. Wunderlich Closes on $40 Million Investment -

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

77. Boston Group Buys SouthernSun Asset Management -

Boston-based Affiliated Managers Group Inc. has bought a majority equity interest in Memphis-based investment management firm SouthernSun Asset Management LLC.

78. 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.

79. Team Players -

The key players, from Memphis Mayor A C Wharton Jr. to St. Louis Cardinals chairman and CEO Bill DeWitt Jr., grabbed the microphone at an invitation-only rally held on the club level of AutoZone Park and made their best pitches.

80. Elvis’ Intellectual Property Rights Sold -

Authentic Brands Group, a New York City intellectual property corporation, has bought Elvis Presley’s intellectual property and the right to operate Graceland from CORE Media Group, becoming the latest of four companies to own a majority share in the intellectual property assets of the late Memphis entertainer.

81. Healthy Memphis Common Table Marks 10 Years of Promoting Health -

With a motto of “eat healthy, eat less and move more,” Healthy Memphis Common Table (HMCT) has made its mark in the local community during the past decade, encouraging the public to lead healthier lifestyles and to “get activated” with their health and health care options.

82. Beyond Graceland -

Graceland – the Whitehaven mansion and the artifacts in it – is not for sale.

But 85 percent of Elvis Presley Enterprises, the corporation that operates Graceland and owns the rights to the entertainer’s image, royalties and publishing on his music, is for sale as another Elvis Week reaches its end.

83. Dell Delays Vote on Buyout, Sign It Lacks Support -

ROUND ROCK, Texas (AP) – Dell has delayed Thursday's vote on founder Michael Dell's plan to take the slumping computer maker private in a sign the board needs more time to rally support.

84. Shareholders Voting on $24.4 Billion Dell Buyout -

DALLAS (AP) – Dell Inc. is making a late push to win shareholder support for founder Michael Dell's plan to take the slumping computer maker private, an indication that Thursday's scheduled vote could be close.

85. Commercial Advisors Adds Jensen to Capital Markets Group -

Luke Jensen has joined Cushman & Wakefield/Commercial Advisors’ Capital Markets Group. In his new role with the commercial real estate firm, Jensen focuses on investment sales, debt and equity, development, and principal deal sourcing and structuring.

86. Priced to Rent -

Local property management companies like Lubin Property Management LLC and Renshaw Property Management are capitalizing on the trend for young potential homebuyers choosing to rent instead of buy.

87. In Need of Relief -

Perhaps it is only too appropriate that baseball is played without a clock. For securing the future of the Memphis Redbirds may require extra innings, not to mention extra effort.

The ballpark was on the leading edge of revitalizing Downtown when it opened in 2000 at Third and Union. This, of course, was “B.G.” in Memphis – Before the Grizzlies. Also, before FedExForum. The city was ready for something big and bold – something that showed Memphis could overachieve, not underachieve.

88. Argent Financial Sees Growth in Memphis, Beyond -

Argent Financial Group hasn’t let its foot off the gas since arriving in Memphis.

The Louisiana-based wealth management firm, which is now responsible for more than $5.5 billion in client assets, has continued to expand both in Memphis and beyond.

89. Argent Financial, Highland Capital Merging -

Memphis-based Highland Capital Management LLC and Louisiana-based Argent Financial Group, which entered the Memphis market a few years ago, are merging.

90. Shadowy Tennessee Donor Behind Record Campaign Contributions -

WASHINGTON (AP) – A lawyer in Tennessee who is mysteriously linked to millions of dollars in campaign contributions steered to congressional candidates doubled his investments in the weeks before Election Day and quietly funneled $6.8 million more to a prominent Tea Party group, according to new financial statements filed with the government.

91. Capital Influx -

Capital is finally being set free in the Memphis industrial market, with opportunities on both the buy and sale side of investment deals.

Nearly $200 million has been spent since June, as public and private institutional buyers alike make large plays.

92. Commercial Advisors Capital Markets to Zero In on ‘Untapped Segment’ -

Cushman & Wakefield/Commercial Advisors Asset Services LLC has launched a Capital Markets Group, a new service line to complement the firm’s tenant representation and third-party leasing and management businesses.

93. 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.

94. Report: US Health Care System Wastes $750 Billion a Year -

WASHINGTON (AP) – The U.S. health care system squanders $750 billion a year – roughly 30 cents of every medical dollar – through unneeded care, byzantine paperwork, fraud and other waste, the influential Institute of Medicine said Thursday in a report that ties directly into the presidential campaign.

95. Robinson’s Memphis Roots At Center of Career -

It could be said a passion for the Bluff City runs deep in fourth-generation Memphian Daniel T. Robinson Jr., who practices corporate law as an attorney with Evans Petree PC, a 105-year-old Memphis law firm.

96. New Coupons Aim to Keep People Off Generic Drugs -

TRENTON, N.J. (AP) – If brand-name prescription medicines cost you as little as generic pills, which would you choose? A few drugmakers are betting Americans will stick with the name they know.

97. Magna Bank Taps Stewart To Lead SBA Division -

Tom Stewart has been named senior vice president and manager of the small business administration division at Magna Bank. Since joining Magna in March, Stewart has led the bank in obtaining national preferred lending provider status. In his new role, Stewart will oversee all business development activities for the Mid-South along with portfolio management and loan servicing.

98. Firms Make Investments in Memphis Distribution -

In the past month, a pair of out-of-town firms have scooped up local distribution warehouses, growing its Memphis industrial real estate portfolio and planning for more.

Montreal-based Olymbec USA LLC recently closed on its $1.5 million purchase of 3615 Lamar Ave. from an entity affiliated with Miami-based loan servicer LNR Partners LLC.

99. HMCT Makes Strides In Improving Community Health -

Over the last three years, Healthy Memphis Common Table has made a number of strides toward its mission of improving the health of Memphians.

Although founded in 2003 as a nonprofit by a group of volunteers concerned with the declining health of Memphians, Healthy Memphis Common Table really began to flourish in 2009 after hiring its first employee, CEO Renee Frazier, who began hiring additional employees and implementing new programs.

100. Forum Gives Sober Economic Outlook -

Attendees of The Daily News’ recent “Money and Markets” seminar got a clear-eyed, sober assessment of what’s happening on the local, national and international level from an economic perspective.

And they could be forgiven for perhaps clutching their wallets a little tighter as they left, thinking about national and world events to come.