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Editorial Results (free)

1. Raiders File Papers to Move From Oakland to Las Vegas -

LAS VEGAS (AP) – The Oakland Raiders have filed paperwork to move to Las Vegas.

The NFL and officials in Nevada confirmed Thursday that the team is asking league owners to approve the move, although the team made no immediate comment and a group that wants to keep the team in Oakland vowed it was still in the game and "playing to win."

2. Metropolitan CEO Explains Renasant Merger -

Not many people were racing to start up banks in 2008, with the underpinnings of the financial system teetering. One of the few who did was Curt Gabardi, a former Regions Bank executive who envisioned a bank that would focus primarily on commercial and private banking clients.

3. View From the Hill: Cooperatives Ready to Fill Broadband Void -

Rural broadband backers such as Misty O’Beirne in Rutherford County can take heart. Legislation to spread high-speed internet into cyberspace deserts is making the right connections.

4. 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.

5. GM to Add or Keep 7,000 US Jobs, Make $1B Factory Investment -

DETROIT (AP) – General Motors plans to invest $1 billion in U.S. factories and add thousands of new white-collar jobs, measures that have been in the works for years but were announced Tuesday after criticism from President-elect Donald Trump.

6. Rent Like a Champion Eyes Memphis PGA Event -

"Shark Tank" alumni home-rental platform Rent Like A Champion is looking to move into the Memphis market just in time to sign up homeowners and provide private housing for the FedEx St. Jude Classic golf tournament in June.

7. Rerouting Regulations -

With every new administration comes some degree of uncertainty when it comes to federal regulations.

But after an especially unpredictable campaign season, all eyes are now on the president-elect to see what he’ll do next. 

8. 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.

9. Scenarios Emerge to Keep Booksellers at Laurelwood Going -

For sale: One beloved, 32-year-old independent bookstore. Asking price? $800,000. That’s what Booksellers at Laurelwood owner Neil Van Uum says he’d accept to unload the store, days after announcing its impending closure and a liquidation sale that begins on Friday, Jan. 6.

10. Nordstrom Rack Files $1.5M Permit for Memphis Store -

4572 Poplar Ave.

Memphis, TN 38117

Permit Amount: $1.5 million

Project Cost: $25.2 million

Application Date: December 2016

11. Ford Cancels Plan to Build New Mexican Plant, Adds US Jobs -

FLAT ROCK, Mich. (AP) – The auto industry's relationship with President-elect Donald Trump took a dramatic turn Tuesday as Ford Motor Co. decided to shift investment dollars targeted for Mexico to the U.S., while Trump threatened General Motors with a tax on some imported small cars.

12. First Horizon CEO: 2017 Brings ‘Good Growth Opportunities’ -

A week ahead of his bank’s earnings presentation to analysts – which will close the books on 2016 with a fourth quarter and full-year report – the top executive at First Tennessee Bank’s parent company is in an optimistic mood.

13. Record E-Commerce Sales Lead to More Return Shipments -

As holiday e-commerce sales continue to reach all-time highs, so does an inevitable byproduct – return shipments – bringing more business to shipping giants such as FedEx and UPS once January rolls around.

14. Germantown Park Offices Sell for Nearly $48 Million -

A large office park near the intersection of Germantown Parkway and Walnut Grove Road in Cordova has been sold for nearly $50 million.

New York-based DRA Advisors LLC, acting as DRA CRT Germantown Center LP, sold six parcels to Real Capital Solutions, acting as EAT-1615 LLC, for $47.8 million.

15. Riding Momentum -

Around this time each year, everyone tends to start fetishizing the blank slate a bit, with its attendant allure of reinvention and that sweeping away of the old order to make way for what comes next.

16. Germantown Park Offices Sell for Nearly $48 Million -

A large office park near the intersection of Germantown Parkway and Walnut Grove Road in Cordova has been sold for nearly $48 million.

New York-based DRA Advisors LLC, acting as DRA CRT Germantown Center LP, sold six parcels to Real Capital Solutions, acting as EAT-1615 LLC, for $47.8 million.

17. Last Call: Economic Indicator Survey Closes On Dec. 31 -

Memphis-based FedEx Corp. rightfully is considered an economic bellwether because of the front-line view the package delivery giant has on economic activity thanks to consumers’ purchasing and shipping habits.

18. Last Word: Change at the Top, Legislature New Year's Resolution and Election Selfies -

It’s the Grizz and the Thunder Thursday at the Forum followed by the Tigers and South Carolina at the Forum Friday. And yes there are still people in town watching football. They are here for the AutoZone Liberty Bowl earlier in the day Friday between Georgia and TCU. You should join them.

19. Liz Weston: 6 Money Resolutions You Can Actually Keep -

Let's face the grim truth: Those 10 pounds you want to lose will likely be among your New Year's resolutions next year, too.

If you really want a sense of accomplishment, take care of money tasks that don't require ongoing discipline and that you typically don't have to repeat every year. Some of these are "one and done," while others you may have to revisit as your life changes, but all will give you a sense of progress toward your financial goals.

20. Midtown Retail Property Sells for $5 Million -

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

21. New Business Ideas for the New Year -

It won’t be long before the ball will be dropping in Times Square, signaling a new year and a new start. While people everywhere vow to make changes in their personal lives, businesses should be no different.

22. Large Deals, Office Construction Among Memphis' Commercial Real Estate Trends -

Coming off of a strong year in 2015, the commercial real estate market in the Memphis metropolitan area continued to do well in 2016.

Larry Jensen, president and CEO of Cushman & Wakefield/Commercial Advisors, said his company was tracking approximately 6 million square feet of net absorption in the industrial market headed into the last week of 2016, as compared to 8.4 million in 2015.

23. Cordova’s Future LA Fitness Site Sells for $2.4M -

LA Fitness is one step closer to opening a Cordova location.

Insomnia Inc., the company owned by former topless-club operator Steve Cooper, sold two parcels near its former restaurant/nightclub on Fischer Steel Road to Orlando, Florida-based National Retail Properties Inc. for $2.4 million, according to a Dec. 20 warranty deed. The same day as the sale, Fitness International LLC, an affiliate of L.A. Fitness International LLC, signed a lease with National Retail Properties for the property.

24. Hickory Hill Apartments Sell for $28 Million -

A California-based real estate investment and advisory firm has purchased the 630-unit Trails at Mt. Moriah apartment complex for $28 million, or $44,444 per unit.

MDO Trails LLC, an affiliate of Newport Beach, California-based CORE Realty Holdings Management Inc., purchased the Class B multifamily property from NNN Mt. Moriah Apartments LLC and 39 related entities in a Dec. 13 warranty deed.

25. Impact Innovations Rolling With Recent Wal-Mart Deal -

Wal-Mart’s shift to more US manufacturing is benefitting a Memphis business.

Impact Innovations is now producing more than 20 million rolls of Christmas wrapping paper at the former Cleo Inc. facility in Southeast Memphis that was previously produced in China for Wal-Mart’s 4,500 stores.

26. ‘Love is The Answer’ -

A talk at the Back End of Innovation conference by Christy Amador, senior communications manager, Global Public Affairs and Communications for The Coca-Cola Co., highlights how one company engages its employees more deeply.

27. Father-Son Duo Dickens Built Taps Infill Market In Collierville, Piperton -

A father-son home builder duo of Doug and Chris Dickens has taken advantage of a strengthening housing market recently by specializing in infill development, primarily in the Collieville and Piperton areas.

28. Impact Innovations Rolling With Recent Wal-Mart Deal -

Wal-Mart’s shift to more US manufacturing is benefiting a Memphis business.

Impact Innovations is now producing more than 20 million rolls of Christmas wrapping paper at the former Cleo Inc. facility in Southeast Memphis that was previously produced in China for Wal-Mart’s 4,500 stores.

29. Developer Buys Former Merle Norman Warehouse -

3670 S. Perkins Road

Memphis, TN 38118

Sale Amount: $1.3 million

Sale Date: December 2016

Buyer: Farnsworth Investment Co.

30. Last Word: Boca Ends Badly, Fred's Deal Still Moving and The Couch Dylan Sat On -

Z Bo ejected and the Grizz fall to the Celtics 112 – 109 Tuesday at the Forum. Post game, Fizdale says the team has a leadership problem.

The Tigers at the Forum Wednesday, playing the Incarnate Word Cardinals.

31. Hickory Hill Apartments Sell for $28 Million -

A California-based real estate investment and advisory firm has purchased the 630-unit Trails at Mt. Moriah apartment complex for $28 million, or $44,444 per unit.

MDO Trails LLC, an affiliate of Newport Beach, California-based CORE Realty Holdings Management Inc., purchased the Class B multifamily property from NNN Mt. Moriah Apartments LLC and 39 related entities in a Dec. 13 warranty deed.

32. Developer Buys Former Merle Norman Warehouse -

Merle Norman Cosmetics Inc. has sold its former Memphis distribution center to local real estate developer Thomas Farnsworth Jr. for $1.3 million.

33. Cordova-North Making a Comeback -

One of the hardest-hit areas of the recent foreclosure crisis is seeing major improvements this year.

Once dominated by foreclosures and bank sales, Cordova’s 38016 ZIP code is recording its highest level of home sales activity in almost 10 years.

34. Last Word: Epping Way, Conley's Return and 'Ascend' -

What is the encore after a year that has included the opening of Big River Crossing, the eastward expansion of the Shelby Farms Greenline across Germantown Parkway to the old town part of Cordova and the opening of Shelby Farms Park’s Heart of the Park renovation? Two words: Epping Way.

35. December 16-22, 2016: This week in Memphis history -

2015: A record high temperature of 70 degrees at Memphis, according to the National Weather Service. The 70-degree mark ties a record for the date set in 1982.

2011: On the front page of The Daily News, the Memphis City Council approves a planned development for the south side of Madison Avenue in Overton Square, including a new $16 million public parking garage to be built by the city. The garage is eligible for public funding because it is to include a water detention basin in its base that alleviates a chronic flooding problem in the area, which includes Lick Creek. Loeb Properties Inc. has a contract with the Colorado company that owns the entertainment district and the contract runs out at the end of 2011. A Loeb plan to make a supermarket the anchor of a revitalized square has fallen through and Loeb is now envisioning Overton Square as a theater district with a $19.2 million investment by Loeb in the area.

36. Local Developer Buys Former Merle Norman Warehouse -

Merle Norman Cosmetics Inc. has sold its former Memphis distribution center to local real estate developer Thomas Farnsworth Jr. for $1.3 million.

37. Development Projects Tied to Mid-South Reach $9.2B -

The number of development projects in the Memphis market has risen above $9 billion, according to data compiled by Cushman & Wakefield/Commercial Advisors.

The updated number comes from an ambitious project the commercial real estate firm began earlier this year called 901REnews.

38. Avison Young Names Director Of Property Management -

Avison Young has named Tim Norwood the new director of property management for its Memphis office, the Toronto, Canada-based commercial real estate services firm announced Monday, Dec. 12.

39. Fred’s Considering HQ Relocation in Revamp -

Memphis-based retailer fred’s Inc. is studying a few options for relocating its Memphis headquarters at 4300 New Getwell Road, locations that CFO Rick Hans told The Daily News are all within a few miles of the current headquarters.

40. Coca-Cola CEO Muhtar Kent to Step Down Next Year -

NEW YORK (AP) — Coca-Cola said Friday that CEO Muhtar Kent will step down as CEO next year and be replaced by Chief Operating Officer James Quincey.

The world's largest beverage maker has been under pressure to grow as people around the world drink less soda, including its flagship Coke. In October, the Atlanta company reported that its third-quarter profit fell 28 percent.

41. FedEx's Smith Critical of Trump Opposition to NAFTA, TPP -

FedEx Corp. founder Fred Smith says withdrawing from the North American Free Trade Agreement, as advocated by President-elect Donald Trump repeatedly in the 2016 presidential campaign, would be “catastrophic for the U.S. economy” and “have massive economic repercussions.”

42. Fred’s Inc. Considering HQ Relocation as It Works to Revamp Business -

Memphis-based retailer Fred’s Inc. is studying a few options for relocating its Memphis headquarters at 4300 New Getwell Road, locations that Fred’s CFO Rick Hans told The Daily News are all within a few miles of the current headquarters.

43. Study: Shelby County Saw Most GDP Growth in Tenn. -

Shelby County saw more than $2.6 billion growth in its gross domestic product over the last four years, the most among Tennessee’s 95 counties, according to a new study by financial technology company SmartAsset.

44. Last Word: St. Jude Dollar Amounts, Fred's On The Move and The Treble Clef -

Grizz over the Trailblazers 88 – 86 Thursday evening at the Forum. At the end of the first half, Grizz coach David Fizdale had to be restrained by players on the way off the court after a technical was called on him. And welcome to Memphis, Toney Douglas. We love what you are doing with the fourth quarter.

45. Evolving PILOT Programs in Memphis Look to Restore Competitive Balance -

When the Memphis-Shelby County Economic Development Growth Engine approved its Fast Track payment-in-lieu-of-taxes (PILOT) program earlier this year, it was with the hopes of bringing back a competitive balance between Memphis and North Mississippi.

46. ‘MemphisWorks’ Jobs, Training App Launches -

A new “MemphisWorks” app unveiled Wednesday, Dec. 7, at the Greater Memphis Chamber’s Annual Chairman’s Luncheon is a comprehensive jobs and training effort that took nine months to get in one digital place, with help from an anonymous donor.

47. Supreme Court Upholds Broad Power to Curb Insider Trading -

WASHINGTON (AP) – A unanimous Supreme Court on Tuesday sided with the government in a legal clash over the nation's insider trading laws, a victory for prosecutors seeking to curb corruption on Wall Street.

48. AutoZone Revs Up Net Income By 8 Percent -

The first significant cold snap of the season is at hand, something that might leave most people resigned to the corresponding inconveniences but nonetheless excites AutoZone chairman, president and CEO Bill Rhodes.

49. Tyson Announces Plans for $150 Million Venture Fund -

SPRINGDALE, Ark. (AP) – Arkansas-based Tyson Foods Inc. announced plans Monday to create a venture fund aimed at developing innovations in food production.

50. Study: Shelby County Saw Most GDP Growth in Tenn. -

Shelby County saw more than $2.6 billion growth in its gross domestic product over the last four years, the most among Tennessee’s 95 counties, according to a new study by financial technology company SmartAsset.

51. Memphis is Startup USA -

Umer Adnan, founder and CEO of Cowlar, came to Memphis from Pakistan to continue to grow his startup, which is a wearable device in the form of a collar for dairy cows. This aids farmers by providing health and wellness data and recommendations to improve the overall health of cows, thereby increasing milk yields.

52. MAA Closes Merger With Post Properties -

Memphis-based real estate investment trust MAA has completed its $4 billion merger with rival Post Properties Inc., creating a combined company with an equity market capitalization of about $11 billion and overall market cap of $15 billion.

53. Last Word: Fire Recovery, Justice Department Work Begins and Rocky Top Angst -

The death toll in the East Tennessee wildfires goes to 10 Thursday as the recovery effort moves beyond a search for those missing. The count of buildings burned in Sevier County is estimated at more than 700 – 300 just in Gatlinburg. And 47 people are injured by the latest count. The count of those who died in the fires includes confirmation that Jon and Janet Summer of Memphis are among the dead recovered so far.

54. FedEx Expanded Its Network For Busiest Holiday Season on Record -

FedEx and retail businesses across the Mid-South are gearing up for a merry holiday season, with FedEx projecting a 10 percent increase in shipping volume over last year during the peak season from Black Friday to Christmas.

55. MAA Closes Merger With Post Properties -

Memphis-based real estate investment trust MAA has completed its $4 billion merger with rival Post Properties Inc., creating a combined company with an equity market capitalization of about $11 billion and overall market cap of $15 billion.

56. Olympic Hero Michael Phelps Looks to Dip His Toes in Tech -

SAN JOSE, Calif. (AP) – Michael Phelps wants to dive into Silicon Valley's investment opportunities as he tries to make the transition from Olympic swimming star and product pitchman to entrepreneur.

57. Dollar General Key Sales Figure Falls As Store Traffic Drops -

GOODLETTSVILLE, Tenn. (AP) – Dollar General put up weak earnings numbers for the third quarter in an environment that has largely favored bargain stores, with so many people still looking to cut costs where they can.

58. Medtronic Profit Surges, Revenue Misses Estimates -

Medtronic PLC’s fiscal second-quarter profit more than doubled on higher sales of its heart and surgical devices. But revenue fell short of Wall Street expectations, helping to drag shares lower.

59. Jernigan Capital to Invest $12.6M in Florida Facilities -

Jernigan Capital Inc. is investing $12.6 million in two storage facilities in Florida, the Memphis-based real estate investment trust has announced.

60. Morris Auction Group Adds New Services in Destin, Fla. -

Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.

Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.

61. Jernigan Capital to Invest $12.6M in Florida Facilities -

Jernigan Capital Inc. is investing $12.6 million in two storage facilities in Florida, the Memphis-based real estate investment trust has announced.

62. Morris Auction Group Adds New Services in Destin, Fla. -

Six months after Memphis-based Morris Auction Group expanded into Destin, Florida, the company is expanding the scope of its services there.

Morris’ Destin branch, Luxury Estates Auction Co., has added a new arm focused on traditional real estate services. Called Luxury Estates Realty Group, the arm will focus on showcasing and selling high net worth properties in the Destin/30A area and the Northwest Florida region.

63. Gill Seeks $25 Million Permit For New MAA Headquarters -

6815 U.S. 72

Germantown, TN 38138

Permit Amount: $25 million

Future Tenant: MAA

64. Medtronic Profit Surges, Revenue Misses Expectations -

Medtronic PLC’s fiscal second-quarter profit more than doubled on higher sales of its heart and surgical devices. But revenue fell short of Wall Street expectations, helping to drag shares lower.

65. Tyson Foods Says CEO Will Step Down at End of Year -

SPRINGDALE, Ark. (AP) – Tyson Foods said Monday that CEO Donnie Smith will step down at the end of the year and be replaced by the meat producer's president, Tom Hayes.

66. Volkswagen to Shed 30,000 Jobs, Cutting Costs After Scandal -

FRANKFURT, Germany (AP) – Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests.

67. Gill Seeks $25M Permit For Future MAA Headquarters -

The future home of Memphis-based MAA has taken another step forward.

Developer Gill Properties, working as Gill Poplar GP, has applied for a $25 million building permit for a five-story office building and five-story parking garage – two main components of the $90 million TraVure development in Germantown’s western gateway.

68. Demand for Long-Term Care Insurance Expected to Rise -

With the youngest of the country’s 70 million baby boomers now in their 50s and the average life expectancy for Americans having increased to nearly 80 years, the need for long-term illness care either at home or in assisted living facilities is on the rise. Rates for long-term care insurance have spiked in the past several years, making the decision tougher for many considering the coverage.

69. EDGE Board Approves Fast Track PILOT -

The Economic Development Growth Engine of Memphis and Shelby County approved an incentives request from International Distributors USA to relocate from Olive Branch and expand in Memphis.

The Fast Track payment-in-lieu-of-taxes (PILOT) clears the way for International Distributors to move from its current 165,000-square-foot location in Olive Branch to a 510,310-square-foot facility at 4770 Hickory Hill Road in South Memphis.

70. Gill Seeks $25M Permit for Future MAA Headquarters -

The future home of Memphis-based MAA has taken another step forward.

Developer Gill Properties, working as Gill Poplar GP, has applied for a $25 million building permit for a five-story office building and five-story parking garage – two main components of the $90 million TraVure development in Germantown’s western gateway.

71. St. Jude Planning Renovation Of Tri Delta Place -

350 N. Third St.

Memphis, TN 38105

Permit Amount: $3.5 million

Application Date: November 2016

72. Unfinished Nuclear Plant Sold, Buyer Vows to Get It Running -

BIRMINGHAM, Ala. (AP) – A development company that purchased an unfinished nuclear power plant from the Tennessee Valley Authority for $111 million on Monday said it plans to spend as much as $13 billion to make the nuclear generator operational.

73. Auto Safety Supplier Autoliv Moves Into Memphis -

Autoliv, the world’s largest auto safety supplier, has signed a lease to move into a 157,366-square-foot distribution facility in Olive Branch, Mississippi.

Hillwood Investment Properties announced the lease Monday, Nov. 14.

74. Penney's Reports 3Q Sales Shortfall, Cuts Outlook -

J.C. Penney cut its sales outlook for the year after reporting a surprise decline in a key sales figure for the third quarter as it wrestled with sluggish clothing sales.

The report is a setback for Penney, whose business has been volatile, bouncing back in the summer after a tough start to the year.

75. First South Financial Credit Union Expands Its Reach Into Collierville -

First South Financial Credit Union, a Mid-South full-service financial provider, has expanded into Collierville with the opening of its 16th branch location. Thanks to its continued growth, the credit union is now the largest in West Tennessee based on capital.

76. Specialized Lending Teams Helping Banks Build Business Relationships -

Standing apart from the competition in banking is not necessarily the simplest thing to do, given that key aspects of the industry – making loans, taking deposits and the like – look so similar from one institution to the next.

77. Last Word: The Long Count, Bigger Than Boutiques and God's View of the NBA -

It's Veterans Day with the annual Downtown parade starting at 10 a.m. Friday and a wreath-laying ceremony an hour later at the Doughboy Statue in Overton Park.

The long local vote count since Tuesday is still underway as Thursday becomes Friday. It should wrap up Friday with the provisional ballot count completed.

78. Kohl's Tops Earnings Forecasts on Lower Costs -

NEW YORK (AP) – Kohl's Corp. reported a fiscal third-quarter profit that beat Wall Street expectations as lower costs offset a decline in sales.

79. Developer Wins Approval For Downtown Aloft Hotel -

Mississippi-based Vibrant Hotels Inc. is one step closer to developing a new full-scale hotel in the heart of Downtown Memphis after its special use permit was approved by the Land Use Control Board Thursday, Nov. 10.

80. Events -

Junior League of Memphis Merry Marketplace will take place Thursday through Saturday, Nov. 10-12, at the Racquet Club of Memphis, 5111 Sanderlin Ave. Special events include a Girls’ Night Out, holiday happy hour, painting classes and more. Visit merrymarketplace.com for hours, details and advance tickets.

81. Wendy's Profit Surges on Shift to Franchise Operations -

NEW YORK (AP) – Wendy's Co. reported a boost in profit as it dramatically cut costs while it continues to sell company-owned restaurants and shift to a more franchise-heavy operation.

82. GM Laying Off Over 2,000 at 2 Car Plants as Sales Slow -

DETROIT (AP) – Shifting demand from cars to trucks and SUVS is forcing General Motors to lay off more than 2,000 workers indefinitely at two assembly plants in Ohio and Michigan starting in January.

83. Financial Pros Digest, Analyze Impact of Trump Win -

Money managers in Memphis were up late Tuesday night, digesting the impact of Donald Trump’s surprise election win like everybody else, and are still sorting through the impact on markets and stock sectors.

84. Downtown May Get New 12-Story Boutique Hotel -

A plan to redevelop the former Tenoke Building into a hotel may be revived several years after a similar idea for the vacant Downtown office high-rise fell through.

Vibrant Hotels Inc., an affiliate of Batesville, Mississippi-based development company JVD Enterprises, is seeking a special use permit that would allow the conversion of the century-old Tenoke, located at 161 Jefferson Ave., and the adjacent one-story office at 191 Jefferson Ave. into an “upper-brand franchised full-service hotel,” according to an application filed with the city-county Office of Planning and Development in August.

85. Events -

The Project Management Institute Memphis Chapter and Mid-South Health Care Executives will host a panel discussion on Wednesday, Nov. 9, at 6 p.m. at the Crescent Club, 6075 Poplar Ave., suite 909. Three experts will discuss cybersecurity and information technology security alignment with a company’s or industry’s regulations, business goals and organizational risk. Visit pmimemphis.org for details.

86. Shelby County Home Sales Continue Momentum in October -

Memphis Realtors gathered at Minglewood Hall recently for a Residential Housing Summit, at which they heard from local community and economic development leaders as well as chief economist at Realtor.com Jonathan Smoke.

87. Shelby County Mortgage Market Up 9 Percent in October -

Consumers have plenty of reasons to be optimistic about the domestic economy, the investment professionals at Memphis-based Summit Asset Management wrote in an October update to clients. Among them, “a sustained recovery in housing.”

88. Events -

Talk Shoppe will meet Wednesday, Nov. 9, from 9 a.m. to 10 a.m. at the University of Phoenix’s Memphis campus, 65 Germantown Court, first floor. Erich Eurich of FocalPoint Business Coaching will present “2017 Starts Now: Hit the ground running through effective goal setting.” Cost is free. Visit talkshoppe.com.

89. EdR Reports $3.5M Loss For Third Quarter -

Memphis-based EdR recorded a net loss of $3.5 million, or 5 cents per share, in the third quarter, the real estate investment trust reported Oct. 31. That compares to a net loss of $4.7 million, or 10 cents per share, during the same period a year ago.

90. Jernigan Capital Earns $5M Q3 Profit -

Dean Jernigan is one of those CEOs who’s happy to spend big chunks of earnings calls with analysts leading a deep dive into the macroeconomics of his public company’s industry.

91. Thomson Reuters to Cut 2,000 Jobs, Spares Newsroom -

NEW YORK (AP) – Thomas Reuters said Tuesday that it plans to cut 2,000 jobs and take a charge of up to $250 million as the news and financial information company seeks to streamline its business.

92. EdR Reports $3.5M Loss For Third Quarter -

Memphis-based EdR recorded a net loss of $3.5 million, or 5 cents per share, in the third quarter, the real estate investment trust reported Monday, Oct. 31. That compares to a net loss of $4.7 million or 10 cents per share, during the same period a year ago.

93. Amazon Courts Food Shoppers -

NEW YORK (AP) – Amazon wants you to order your turkey, stuffing and cranberry sauce online this Thanksgiving – its latest effort to make its Prime subscription service a central part of food shopping, much the way it's done for other consumer goods.

94. At Least 7 Lawmakers Had Financial Ties to GOP Donor Miller -

NASHVILLE, Tenn. (AP) – At least seven current and former Republican lawmakers in Tennessee had financial ties to a prominent GOP donor who recently settled a federal fraud case involving the military health care program.

95. First Tennessee Capital Markets Unit Acquires Houston Firm -

First Tennessee Bank’s Memphis-based capital markets business, FTN Financial, is acquiring a Houston company that specializes in Small Business Administration loans.

96. Local Multifamily Market Continues To Log Higher Sales, Strong Demand -

Multifamily real estate sales have been strong in Memphis for a couple of years, and the 41 transactions posted in the third quarter mark the most recorded in a quarter in two years.

“The multifamily market continues to be very strong and has been the strongest real estate sector for the past several years,” said Mark Fogelman, president of Memphis-based Fogelman Management Group, a national multifamily property management company.

97. Industrial Real Estate Competition Heats Up Between DeSoto, Marshall -

A North Mississippi industrial park more than 10 years in the making is reaching the finish line. By next May, Hillwood Investment Co. will wrap construction on a 947,000-square-foot warehouse on the final parcel in the DeSoto Trade Center.

98. 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.

99. How Energy-Efficient Upgrades Can Increase Your Home's Value -

Energy-efficient upgrades can not only shrink your utility bill; they can increase the value of your home.

Homebuyers are becoming increasingly aware of the benefits of energy-efficient homes. In fact, they're often willing to pay more for homes with "green" upgrades, says Sandra Adomatis, a specialist in green valuation with Adomatis Appraisal Service in Punta Gorda, Florida.

100. Outlook Weighs on Hilton -

MCLEAN, Va. (AP) – Hilton cut its expectations for a key revenue figure, overshadowing an otherwise solid third-quarter performance.

Hilton had previously expected its revenue per-available room to rise between 3 percent and 4 percent for 2016. On Wednesday, it trimmed those expectations to just a 1.5 percent to 2 percent increase compared with last year, and flat to 1 percent for the current and final quarter of 2016.