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Editorial Results (free)

1. US Home Sales Fell in June; Would-Be Buyers Can't Find Homes -

WASHINGTON (AP) – Homebuyers faced surging prices and a shrinking number of properties for sale in June – causing the pace of sales to fall.

Sales of existing homes slipped 1.8 percent last month to a seasonally adjusted annual rate of 5.52 million, the National Association of Realtors said Monday.

2. Robertson Honored For Radio Achievement -

For almost 40 years, Howard Robertson, CEO of TRUST Marketing Inc. and SPOTSET Radio Network, has worked to establish himself in both the television and radio industries, successfully creating his own company and radio network.

3. State Court Ruling Adds Clarity to Hospital Lien Issue -

The Tennessee Court of Appeals has added another chapter to what is becoming a thick book of rulings on the issue of how much money hospitals can get from insurers.

The number of hospital liens filed by the Shelby County Health Care Corp. has spiked in the last two years as the company, also known as The Regional Medical Center at Memphis, seeks to recover a larger share of costs from insured patients.

4. Shelby County Court Filings See Sharp Dropoff From Q2 -

Court filings in Circuit, Chancery and Probate Courts for the third quarter of 2010 were relatively unchanged from the same quarter of 2009 and down significantly from the second quarter of this year

5. SCOTN Rules Against Med In Third Party Lien Case -

The Tennessee Supreme Court has put off limits to hospitals medical insurance proceeds an insurer pays to third party service providers.

The decision Wednesday came in the case of Shelby County Health Care Corp. (The Regional Medical Center) vs. Nationwide Mutual Insurance Company.

6. Bank Closings Top 100 for Year; Most Since 1992 -

WASHINGTON (AP) - Bank closings for the year surpassed 100 on Friday when regulators shut down small banks in Florida and Georgia. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession.

7. Penny Hardaway’s Insurer Sues Over Land Rover Fire -

Jaguar Land Rover North America LLC is a defendant in a lawsuit filed by Nationwide Mutual Insurance Co. on behalf of former Memphis Tiger and NBA player Anfernee “Penny” Hardaway.

8. Florida's BankUnited Fails, Will Cost FDIC $4.9B -

WASHINGTON (AP) - The federal seizure of struggling Florida thrift BankUnited FSB is expected to cost the Federal Deposit Insurance Corp. $4.9 billion, representing the second-largest hit to the FDIC's insurance fund since the financial crisis began felling banks last year.

9. Nationwide Financial Agrees to $2.4 Billion Buyout -

COLUMBUS, Ohio (AP) - Nationwide Mutual Insurance Co. said Wednesday that it will buy out its publicly traded retirement savings company Nationwide Financial Services Inc. for about $2.4 billion.

10. Archived Article: Real Recap - Construction Set to Begin on Kress Building

Construction Set to Begin on Kress Building

Three parcels

near Main Street

Cost: $4 million

Borrower: THG Main LLC

Lender: First Tennessee Bank NA

Trustee: Thomas F. Baker IV


11. Archived Article: Treasure P2 - By RICK RUSSELL Treasure trove awaits Tennesseeans By RICK RUSSELL The Daily News Tennessee state officials currently hold $151 million in unclaimed property, and are working diligently to find the rightful owners. Since its inception in 1980, the s...

12. Archived Article: Graphic - Fiscal awareness Fiscal awareness A study shows many students in the country are not familiar with basic financial terms. In a 1997 Phoenix Student Fiscal Fitness Survey, 1,200 students nationwide - from seventh-graders through college seniors &...

13. Archived Article: Standout - By SUZANNE THOMPSON A goal achieved Local agent Laurence Plummer wins insurance companys top award By SUZANNE THOMPSON The Daily News Laurence Plummer has just met one of his lifetime goals winning John Hancock Mutual Life Insurance Co.s Agent of th...