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Editorial Results (free)

1. Caffeine Shot: Coke Bets ‘Coke Plus Coffee’ Boosts Soda -

ATLANTA (AP) – Coca-Cola thinks it may have found a new drink that will give soda sales a shot of caffeine: Coke Plus Coffee.

The company introduced the canned and bottled product in Australia last year, and has since rolled it out to Vietnam, Cambodia and Thailand. It did not say where it would next introduce the drink, but CEO James Quincey said during a call with analysts Wednesday that "early results are promising."

2. Youth Villages' New Board Chair, Jimmy Lackie, Believes in the Process -

A lot has changed since 1984 when James “Jimmy” D. Lackie first became involved with the forerunner to Youth Villages. Spence Wilson, CEO of Kemmons Wilson, Inc., had asked Lackie to assist on a capital campaign at Dogwood Villages. This was two years before Dogwood merged with Memphis Boys Town to create Youth Villages.

3. Heat Wave -

After what was a banner year in many ways for Memphis commercial real estate in 2017, projections for this year were bullish. But at the halfway point of 2018, have expectations in the area risen with the temperatures or have they begun to dry out under the sweltering summer heat? 

4. Tesla Cuts 9 Pct. of Workforce in Bid to Post a Profit -

DETROIT (AP) – Electric car maker Tesla Inc. is laying off about 3,600 workers mainly from its salaried ranks as it slashes costs in an effort to deliver on CEO Elon Musk's promise to turn a profit in the second half of the year.

5. Bitcoin Fans Rave, But Understand It’s Still a Risky Business -

By now, anyone who follows Wall Street even slightly has heard of cryptocurrency and its most famous spawn – bitcoin, which launched in 2009 but grabbed headlines last year for its wild swings in valuation.

6. Massive Mixed-Use Project Slated for Broad Avenue -

In many ways the Broad Avenue water tower has become the defining emblem of the iconic arts district, but the empty warehouse it sits on stands in stark contrast from the vibrant shops, restaurants and art galleries that line the more developed south side of the street.

7. Digest -

Memphis Grizzlies Suffer 15th Consecutive Loss

The Grizzlies lost their 15th straight game, 119-110 at Chicago, on Wednesday, March 7.

The team has not won since defeating the Phoenix Suns at FedExForum on Jan. 29.

8. Plaques at Ole Miss Acknowledge Its Historic Ties to Slavery -

JACKSON, Miss. (AP) – The University of Mississippi is acknowledging its historical connections to slave labor, slave owners and officials who set policies that stripped African-Americans of voting rights after the Civil War.

9. In Public Spat, Trump Taunts Sessions, AG Doesn't Keep Quiet -

WASHINGTON (AP) – President Donald Trump renewed his verbal attacks on his attorney general Wednesday, describing as "disgraceful" his handling of Republican complaints that the FBI abused its surveillance power during the early stages of the Russia investigation.

10. Investors are Winners as Companies Lay Out Tax-Saving Plans -

NEW YORK (AP) – It's just what the GOP said we'd hear from a CEO after being handed a big tax break.

But when Charles Scharf announced plans last month to spend his company's tax savings on higher wages and technology, investors began selling.

11. Jernigan Capital Launches Preferred Stock Offering -

Memphis-based Jernigan Capital Inc. has launched a public offering of Series B preferred stock.

The company – which provides debt and equity capital to private developers, owners and operators of self-storage facilities – said it expects to grant the underwriters a 30-day option to purchase additional shares of Series B preferred stock.

12. Jernigan Capital Launches Preferred Stock Offering -

Memphis-based Jernigan Capital Inc. has launched a public offering of Series B preferred stock.

The company – which provides debt and equity capital to private developers, owners and operators of self-storage facilities – said it expects to grant the underwriters a 30-day option to purchase additional shares of Series B preferred stock. And Jernigan Capital is planning to use the net proceeds from the offering to fund an investment in bridge financing related to five self-storage facilities in the Miami, Florida, metro area.

13. Revised Suit Faults Google for Asking Hires About Prior Pay -

SAN FRANCISCO (AP) – A revised gender-pay lawsuit seeking class-action status against Google faults the search giant for asking new hires about their prior salary, a practice now banned in California.

14. Analysis: AutoZone May Be Set Up for Stronger 2018 -

Analysts who cover the stock of AutoZone Inc. are split into two sizable camps at the moment. Some 44 percent think the stock is worth rating a “buy,” while more than 50 percent think investors that already own shares should hold on to them and do nothing for now.

15. Disney Buying Large Part of 21st Century Fox in $52.4B Deal -

NEW YORK (AP) – Disney is buying the Murdoch family's Fox movie and television studios and some cable and international TV businesses for about $52.4 billion, as the home of Mickey Mouse tries to meet competition from technology companies in the entertainment business.

16. AutoZone Posts Positive Q1 2018 Results -

A few weeks ahead of its annual meeting here set for Dec. 20, Memphis-based auto parts retailer AutoZone Inc. has kicked off its fiscal 2018 with better-than-expected earnings for the first three months of the year.

17. AutoZone Closing Book on Unusual 2017 Performance -

A new Raymond James analyst report covering the auto parts industry suggests a few slightly concerning trends for retailers like AutoZone Inc., including a decrease in the growth rate of vehicle miles driven and an uptick in gas prices.

18. Tenet Healthcare To Cut 1,300 Jobs -

Tenet Healthcare plans to cut 1,300 jobs, more than 1 percent of its workforce, in an attempt to cut costs as it reported a quarterly loss of $367 million on Friday, Oct. 27..

It was not immediately clear whether some of the layoffs would come at St. Francis-Memphis or St. Francis-Bartlett hospitals in the Memphis area market that Tenet owns.

19. Last Word: Bredesen's Note, Serious Sewer Talks and Protest Vs. Process -

Another lively week in state politics as former Tennessee Gov. Phil Bredesen says he is considering a run for the U.S. Senate seat Bob Corker is giving up. This came Monday in a note to the Associated Press in which Bredesen said he will make his decision quickly about an entry into the Democratic primary.

20. Trump’s Bluster Cascades Through State Politics -

The chaos emanating from President Donald Trump’s administration is changing the landscape of Tennessee politics, setting the stage for upheaval within the dominant Republican Party.

“This is a really big moment for the Tennessee Republican Party,” with the Trump wing or far-right wing “firmly in control,” says Kent Syler, Middle Tennessee State University political science professor.

21. AutoZone Reports Mild Fiscal Fourth Quarter -

Memphis-based auto parts retailer AutoZone Inc. continues to find itself in an environment that’s unusual for the company and one that it’s not accustomed to, with the company’s fiscal fourth quarter sales bearing that out.

22. Life After Tony Allen? A Lot More Boring Than Life With Tony Allen -

Tony Allen at his best was the best. Or as he loved to remind us all with a gesture and a shout: FIRST-TEAM ALL-DEFENSE!

But God love him, he was never easy.

No player, just like no person, is always at his best. We know this. We all have our highs and lows. Thing is, most of us spend much of life in that vast middle ground of our own, personal, averageness.

23. American Paper Optics, St. Jude Promote Safe Solar Eclipse -

In anticipation of the historic solar eclipse Aug. 21, Bartlett-based American Paper Optics (APO) is partnering with St. Jude Children’s Research Hospital to educate the public on safe solar eclipse viewing.

24. AutoZone’s Engine Starting to Stall -

AutoZone’s stock price is pointed in the opposite direction it’s been accustomed to for years now. Shares of the Memphis-based auto parts retailer are down more than 30 percent since the end of January. Needless to say, that’s an unusual place for the company, which continues to open new stores at a steady clip.

25. Last Word: Rachel Heck, Beale Street's Cover and The Old Peabody -

The “fifth wave” of judicial appointments by President Donald Trump, as The White House termed them, are already causing some political ripples here primarily from state Senator Mark Norris’s appointment to the federal bench.

26. Gunman Who Shot Congressman Had History of Anti-GOP Activity -

BELLEVILLE, Ill. (AP) – The gunman who shot a top GOP congressman and several other people Wednesday at a baseball practice outside the nation's capital had a long history of lashing out at Republicans and once frightened a neighbor by firing a rifle into a field behind his Illinois house.

27. Nordstrom Family Considering Buyout of Department Store -

NEW YORK (AP) – Members of the Nordstrom family including co-presidents Blake, Peter and Erik Nordstrom are considering making an offer to buy out the 70 percent of the department store's stock they don't already own.

28. CEO Pay By the Numbers: How Big Were Last Year's Raises? -

The typical big-company CEO raked in $11.5 million last year in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press. That's an 8.5 percent raise from a year earlier, the biggest in three years.

29. Last Word: Sticker Shock Questions, Council Day Recap and Mueller's Move -

It’s not the final vote on the county property tax rate. But Monday’s acceptance by the Shelby County Commission of the state-certified property tax rate is an important insight into how the state and local governments get together on setting a tax rate that takes into account changes in overall property values from the countywide property reappraisal to set a tax rate that produces the same amount of revenue as the current rate.

30. AutoZone Downgraded After Disappointing Q3 -

Analysts downgraded shares of auto parts retail giant AutoZone on Tuesday, May 23, after the company reported a second straight quarter of weaker earnings and sales for its fiscal third quarter.

Raymond James Financial Inc. lowered its rating on AutoZone’s stock from “strong buy” – which it attached to AutoZone back in September 2007 – to “market perform.”

31. Last Word: Centennial, Hackett Retires -- Sort Of and Baseball Dreams -

Monday marks 100 years since a mob took Ell Persons off a train and to the Macon Road Bridge across the Wolf River and burned him alive. It was the lynching that gave birth to the Memphis Branch NAACP one month later. The national NAACP field office investigator who came to Memphis at great personal peril to investigate Person’s death was none other than James Weldon Johnson, the man who also composed “Lift Every Voice and Sing.”

32. How Did Vols Not Win More With This Talent? -

One check of the 2017 NFL Draft shows why Tennessee was the favorite to win the SEC East Division last fall.

UT had six players drafted in the first four rounds, the most for the program since 2002, breaking a two-year drought with no players. The six Vols drafted tied for the most since 2010 and 2007. Eight Vols were drafted in 2003 and 10 drafted in 2002.

33. Revolution Partners Quietly Growing But Holding On to Client-First Mindset -

A conversation with Revolution Partners CEO Brian Fowler about the wealth management firm he and his team have been quietly growing since its launch in 2014 eventually turns philosophical, to encompass ideas like time, values, how to identify the things that matter.

34. Vols Work to Impress NFL Scouts in Advance of Draft -

Derek Barnett knows he will hear his name called in the April 27-29 NFL Draft. He’s just not sure when.

“Earliest as possible,” says the Nashville native and former Tennessee defensive end. “But it’s out of my control.”

35. Trump's SEC Pick, an Ex-Goldman Lawyer, to Face Skepticism -

WASHINGTON (AP) – Goldman Sachs may be about to get another friend in Washington.

Jay Clayton, a well-connected Wall Street lawyer who is President Donald Trump's pick to lead the Securities and Exchange Commission, is sure to face sharp questions from Democrats at his confirmation hearing Thursday over his years of work for Goldman and other financial giants.

36. 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.

37. AutoZone Reports ‘Challenging’ Q2 Results -

AutoZone’s results for the second quarter represented a bit of a slowdown for the auto parts and accessories retailer, with the company’s CEO using adjectives like “challenging” to describe the three-month period in which earnings and same-store sales were somewhat muted.

38. Last Word: The Borders of Violence, Guilty Verdict and Blue Suede Security -

Whenever there is a shooting of or near school children, one of the first things that happens once the police have investigated is detailing exactly where the incident happened – specifically whether it was actually on school property or near school property.

39. Fred's, A Small Drugstore Chain, May Become National Player -

NEW YORK (AP) – Fred's, a small regional drugstore chain from Memphis, Tennessee, had a very good week last week.

It all started Tuesday, Dec. 20, when Fred's said it would pay $950 million to buy 865 stores that Rite Aid needed to sell in order to appease anti-trust regulators and close its $9.4 billion buyout deal with Walgreens Boots Alliance Inc.

40. 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.

41. Renasant Corp. Kicks Off Common Stock Offering -

For the parent company of Renasant Bank, now looked like the perfect time to kick off a common stock offering that will bring more than $75 million into the company’s coffers.

42. Fed Raises Key Interest Rate and Foresees 3 Hikes in 2017 -

WASHINGTON (AP) – The Federal Reserve has raised a key interest rate in response to a strengthening U.S. economy and expectations of higher inflation, and it foresees three more rate hikes in 2017.

43. 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.

44. 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.

45. Editorial: Noah Ludlow and The Way to Memphis -

It was at about this season in 1817 that an actor named Noah Ludlow came through what would soon be the city of Memphis. It was just before the U.S. government opened the area to settlement.

Ludlow was not only an actor; he was a show business impresario building theater companies on what was the American frontier.

46. Spanish McGregor Walk A Gasol-Conley Production -

Put aside the big contracts the Grizzlies gave center Marc Gasol and point guard Mike Conley. Because truth is, although the Grizzlies could pay them more as returning agents, Conley and Gasol also could have earned rich deals in bigger cities where the rosters were closer to being title-ready.

47. AutoZone Grows Quarterly Profit 6.4 Percent -

For 40 straight quarters now, Memphis-based auto parts retailer AutoZone has delivered double-digit earnings per share growth.

The company during its just-ended quarter grew its net income 6.4 percent over the year-ago period to $426.8 million. Earnings per share grew 12.2 percent to $14.30 per share.

48. Last Word: After The Fire, Hard Changes at Fred's and Durham Doesn't Go Quietly -

The immediate questions have simple answers. It was a short in an air conditioner cord that caused the fire that killed 9 people – three adults and six children – before dawn Monday morning in South Memphis.

49. Sports Notebook: If He’s Available, Should Grizzlies Take Labissiere In First Round? -

While it’s difficult to imagine the NBA matching the NFL for draft night drama this year – hopefully there are no Twitter bong photos seconds before tipoff – the mock drafts don’t seem to agree a lot beyond LSU forward Ben Simmons going to Philadelphia first overall and Duke forward Brandon Ingram going second overall to the Los Angeles Lakers.

50. AutoZone Third-Quarter Results Miss Expectations -

Memphis-based auto parts retailer AutoZone Inc. knows how to grow its net sales, manage its balance sheet, handle shareholder capital and do a host of other things that have helped it generate an unbroken string of double-digit earnings per share growth the past 39 quarters.

51. Woman Sentenced to Prison for Defrauding Disabled Couple -

MEMPHIS, Tenn. (AP) – Federal prosecutors say a West Tennessee woman has been sentenced to three years and five months in prison for defrauding a disabled couple of more than $500,000.

52. FedEx CEO Downplays Amazon ‘Industry Disruption’ -

FedEx Corp. founder and CEO Fred Smith never said the word “Amazon,” but the e-commerce giant was clearly on his mind Wednesday.

Smith addressed speculation about “industry disruption” by Amazon from the outset of Memphis-based FedEx’s quarterly earnings conference call. He also defended the Trans-Pacific Partnership trade agreement, noting that both of the frontrunners for the Democratic and Republican presidential nominations are opposed to it.

53. AutoZone Sees 8 Percent Gain in Second-Quarter Profit -

When gas prices are low and falling, consumers who have more money in their wallet to spend on other things than fueling up aren’t the only ones who are happy.

It’s also a data point that makes its way into presentations by AutoZone Inc. executives, as it did when the company walked through its second quarter results Tuesday, March 1, which reflected another period of gains in profit, net sales, store count and earnings per share for the company.

54. AutoZone Profit, Sales Up in Latest Quarter -

Ahead of its annual meeting in Memphis next week, AutoZone’s fiscal first-quarter results for the period ended Nov. 21 showed the car parts retailer working to deliver on its 2016 operating mantra: “Yes, we’ve got it.”

55. Analysis: AutoZone Firing on All Cylinders, But Still Room for a Tune-Up in Places -

AutoZone finds itself in a position at the moment that any retailer would surely envy.

One of Memphis’ most successful, industry-leading homegrown companies, it’s also one of the largest auto parts retailers in the country and something of a Wall Street darling with a stock price that’s tended to consistently move up and to the right.

56. Why Optimism About the US Economy's Strength Has Dimmed -

WASHINGTON (AP) — Consumers, fueled by job growth, cheaper gas and higher home values, would drive the U.S. economy through a global slump.

That was the widespread hope just a few months ago. Now, doubts are growing that the United States can withstand economic pressures flowing from overseas. Economies in China, Canada, Brazil and Europe are struggling. Canada, the largest U.S. trading partner, is in recession.

57. Komen Race for the Cure Finalizes Downtown Course -

The Memphis-MidSouth Susan G. Komen Race for the Cure, slated for Oct. 31, has finalized the route for its first Downtown 5K race, certified by the Road Running Technical Council.

Starting and finishing at AutoZone Park, the route will lead more than 15,000 participants to Front Street, passing the University of Memphis Cecil C. Humphreys School of Law and Raymond James tower. It then will continue to Riverside Drive and up Beale Street, passing Beale Street Landing, The Orpheum Theatre, the new Hard Rock Cafe and BB King’s Blues Club.

58. Komen Race for the Cure Finalizes Downtown Course -

The Memphis-MidSouth Susan G. Komen Race for the Cure, slated for Oct. 31, has finalized the route for its first Downtown 5K race, certified by the Road Running Technical Council.

Starting and finishing at AutoZone Park, the route will lead more than 15,000 participants to Front Street, passing the University of Memphis Cecil C. Humphreys School of Law and Raymond James tower. It then will continue to Riverside Drive and up Beale Street, passing Beale Street Landing, The Orpheum Theatre, the new Hard Rock Cafe and BB King’s Blues Club.

59. AutoZone Profit Up 7.4 Percent in Fiscal Fourth Quarter -

Memphis-based auto parts retailer AutoZone Inc. has been scoring double-digit earnings-per-share growth every quarter for nine years running, a trend that predates Apple’s introduction of the first iPhone in 2007.

60. NYSE Resumes Trading After Outage of More Than 3 Hours -

NEW YORK (AP) – Trading has resumed on the New York Stock Exchange after an outage of more than three hours caused by technical problems.

There was no interruption at the dozens of other U.S. stock exchanges Wednesday, including the Nasdaq, so investors were still able to buy and sell stocks easily.

61. Stock-Buyback Programs Hit Record Pace -

If this was a poker game, it could be said that American companies are doubling down – repurchasing their own stock at a record pace instead of betting on new, outside investments.

TrimTabs Investment Research calculated that companies had announced plans to buy back $133 billion of their own stock in April. That was a new monthly high.

62. AutoZone Reports Quarterly Revenue, Earnings Increase -

AutoZone Inc. reported Tuesday morning a 35th consecutive three-month period of double-digit earnings per share growth.

63. AutoZone Executives Talk Up Growth Prospects -

AutoZone chairman, president and CEO Bill Rhodes doesn’t often participate in investor roadshows.

The meetings between a company’s executives and analysts who cover that company’s stock can serve up insights not always found during the more formal question-and-answer sessions that accompany earnings presentations.

64. Analyst Downgrades Apple Shares as Smartwatch Goes on Sale -

NEW YORK (AP) – As consumers trekked to Apple stores to try on the company's smartwatch for the first time, a Raymond James analyst downgraded shares of the tech giant, saying its first product launch under CEO Tim Cook poses "more risk than reward."

65. HJ Heinz Buys Kraft To Build $28 Billion Food Giant -

NEW YORK (AP) – Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage companies.

66. Raymond James Tower Fetches $20 Million -

How much is a 21-story skyscraper overlooking the Mississippi River worth? About $1 million a floor.

New York-based investor Jacob Sofer will pay Parkway Properties around $20 million for the Raymond James Tower at 50 N. Front St. Downtown, according to several people with knowledge of the transaction. The Shelby County Assessor of Property’s 2014 appraisal for the 340,000-square-foot building is $24 million.

67. AutoZone Net Income Up 9.3 Percent -

AutoZone kicked off its new fiscal year with another quarter of growth, posting increases in same-store sales and earnings per share that are typical of earning announcements from the Memphis-based auto parts retailer.

68. Simonson Joins IRIS Orchestra Staff -

Jenna Simonson has joined IRIS Orchestra as community relations coordinator. In her new role, Simonson will oversee community engagement programs and office management for the orchestra, which kicked off its 15th season in October.

69. Victorian Village Homes See Demand -

A new single-family residential project in the heart of Victorian Village is doing very well, thank you very much.

Five of the eights lots inside Planters Row II, a unique master planned community on Jefferson Avenue in Victorian Village between the Medical Center and Downtown core, are already optioned or under contract after the first day of sales, according to Scott Blake, president of Design 500 Inc.

70. Presenting Mid-October Economic Snapshot -

The heightened volatility month of October continued last week. On Wednesday alone, the Dow Jones Industrial Average moved nearly 460 points from its high point in the day to its low point (before closing in between). Granted, a 400-point move from a 16,000 altitude translates into much milder percentage moves when compared to a similar move off of a lower base, but with the number on CNBC constantly, it gives investors pause.

71. 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.

72. Lee Joins MOGA’s DeSoto Office -

Dr. Daniel Lee has joined the DeSoto office of Memphis Obstetrics & Gynecological Association PC. Lee provides comprehensive women’s health services, including office gynecology, obstetrics and surgical management, to women of all ages.

73. AP Survey: Fed's Outlook Correct but Not Solution -

WASHINGTON (AP) – Economists appear to be of two minds about the Federal Reserve.

They agree with the Fed that the job market still isn't healthy. Yet the latest Associated Press survey of economists finds that most fear the Fed will wait too long to raise interest rates and thereby risk stoking inflation or creating asset bubbles.

74. Membership Rises Again for Indie Bookstores -

NEW YORK (AP) – Independent booksellers may never regain the stature of the pre-digital, pre-superstore era, but their presence continues to grow.

The American Booksellers Association, the independents' trade group, told The Associated Press on Tuesday that core membership has increased to 1,664, up from 1,632 last year and more than 200 higher since 2009. It's the fifth straight increase for an organization that was losing members for decades and seemed in danger of permanent shrinkage under the combined pressures of Amazon.com, Barnes & Noble Inc. and Borders, discount clubs and a weak economy.

75. AutoZone Quarterly Profit Rises 7.4 Percent -

Memphis-based AutoZone Inc. has enjoyed double-digit earnings per share growth every quarter since the latter part of the administration of President George W. Bush – 31 straight quarters, to be precise.

76. Fed Clarifies Guidance on Short-Term Rates -

WASHINGTON (AP) – The Federal Reserve sought Wednesday to clarify a question that investors have been trying to determine: When it might start to raise short-term interest rates from record lows.

77. Triumph Bank Meeting To Highlight Banner Year -

Triumph Bank is holding its annual meeting next month in a locale that’s different from the traditional conference room setting where banks tend to make their yearly presentation to shareholders.

78. AutoZone Grows Sales, Net Income in 2nd Quarter -

Whenever AutoZone Inc. chairman, president and CEO Bill Rhodes presents the company’s quarterly earnings to analysts, it’s never long before he starts talking about the weather.

79. Microsoft Names Cloud Computing Chief as Next CEO -

LOS ANGELES (AP) – Microsoft has named the head of its cloud computing business as the company's next CEO, tapping a longtime insider to lead efforts to catch rivals in mobile devices and offer more software and services over the Internet.

80. AP Survey: US Income Gap is Holding Back Economy -

WASHINGTON (AP) – The growing gap between the richest Americans and everyone else isn't bad just for individuals.

It's hurting the U.S. economy.

So says a majority of more than three dozen economists surveyed last week by The Associated Press. Their concerns tap into a debate that's intensified as middle-class pay has stagnated while wealthier households have thrived.

81. AutoZone Posts 7.2 Percent Gain in Profit -

Memphis-based AutoZone Inc. saw its profit rise 7.2 percent during the company’s just-ended fiscal first quarter, a strong start to the company’s new year that equated to a $14.6 million increase in net income over the same period in 2012.

82. Abundance of Diet Soda Starts Stats Revolution -

One man, one room, one micro-fridge stocked with diet soda.

In his Lawrence, Kan., home, this is where Bill James would hunker down and create his yearly “Baseball Abstract.” It was an obsessive, solitary labor of love that started a statistical revolution in baseball. It’s just that it took another generation and Brad Pitt starring in a movie inspired by a book, “Moneyball,” for much of the world to notice numbers in a new way.

83. Chasing Growth -

The pressure to show investors growth and a return is one of the most basic realities of operating as a public company.

And the three Memphis-based companies on this year’s Fortune 500 list are pressing forward on their own distinct paths toward satisfying that pressure.

84. GTx Layoffs Show Drug Market’s Volatility -

The layoffs at Memphis-based GTx Inc., announced Tuesday, Oct. 1, came with the resignation of the drug manufacturing company’s chief financial officer and pay cuts for GTx’s top three leaders.

85. AutoZone Reports Mixed Quarterly Results -

AutoZone Inc. arguably has shifted temporarily into the slow lane, but the Memphis-based auto parts retailer is confident its engine still has enough horsepower to outrace the competition.

86. Combined Net Worth of America's Richest Rises -

NEW YORK (AP) – Life is good for America's super wealthy.

Forbes on Monday released its annual list of the top 400 richest Americans. While most of the top names and rankings didn't change from a year ago, the majority of the elite club's members saw their fortunes grow over the past year, helped by strong stock and real estate markets.

87. Muddled US Jobs Picture to Weigh on Fed Decision -

WASHINGTON (AP) – Employers are sketching a hazy picture of the U.S. job market for the Federal Reserve to weigh in deciding this month whether to reduce its stimulus for the economy – and, if so, by how much.

88. Nasdaq Resumes Stock Trading After 3-Hour Outage -

NEW YORK (AP) – Trading on the Nasdaq stock exchange resumed Thursday after a three-hour halt caused by a technical glitch.

Other exchanges were operating normally.

Nasdaq trading resumed at 3:25 p.m. EDT after being halted shortly after noon because of problems with a quote dissemination system. The Nasdaq composite rose in afternoon trading.

89. Banks' Earnings Pop Masks Deeper Concerns -

NEW YORK (AP) – Major U.S. banks have turned in big profit gains this season, but the news isn't all good.

Much of the earnings increase is coming from cutting costs, rather than growing their core lending businesses. A boom in mortgage refinancing looks like it's about to peter out. And regulators are considering stricter new rules that would force the banks to shore up their cash.

90. Five Years in the Life -

Delta Airlines and Northwest Airlines has just merged with more than 150 flights a day at Memphis International Airport shifting to the Delta brand. And Delta’s CEO, Richard Anderson, said Memphis would be an integral hub with more traffic.

91. Rising Home, Stock Prices Boost US Confidence -

WASHINGTON (AP) — Americans are more confident in the U.S. economy than at any point in the past five years, thanks to surging home values, a brighter job market and record-setting stock prices.

92. AutoZone Beats Forecast in Third Quarter -

AutoZone Inc.’s just-ended fiscal third quarter results show why it’s a rarity among public companies.

The Memphis-based auto parts retailer – the nation’s largest in the sector – is an earnings machine. Net sales were $2.2 billion for the quarter, and profit was up 6.8 percent to $265.6 million. The quarter also included AutoZone’s 27th straight period of double-digit earnings-per-share quarterly growth.

93. April 19-25: This Week in Memphis History -

1993: Memphis-based Back Yard Burgers Inc. announced plans to go public with a proposed initial public offering of 1.3 million shares of common stock at a planned price of $6 a share.

94. Downshift -

No company is completely immune to the effects of political squabbling in Washington, the stakes of which have intensified lately for the average taxpayer.

That includes even a company as seemingly unrelated to the political world as Memphis-based AutoZone Inc., the leading car parts retailer in the U.S.

95. AutoZone Blames Slower Sales on Tax Refund Delay, Winter Weather -

No company is completely immune to the effects of political squabbling in Washington, the stakes of which have intensified lately for the average taxpayer.

That includes even a company as seemingly unrelated to the political world as Memphis-based AutoZone Inc., the leading car parts retailer in the U.S.

96. Payne Joins Fulton CPAs as Senior Accountant -

Tarasha Payne has joined Fulton CPAs PLLC as a senior accountant in the areas of taxation, compilation and reviews, and client services. Payne has more than 15 years’ experience in the field and is working toward CPA certification. The announcement comes on the heels of big changes at the accounting firm, including new ownership and a name change from Polsgrove & Fulton. (See The Daily News’ Monday, Dec. 17, edition for more information.)

97. AutoZone Continues Earnings Streak -

AutoZone Inc. reported lower-than-expected sales during its fiscal first quarter ended Nov. 17, partly the result of a warmer-than-expected winter that resulted in less of a need to replace car components because of parts wearing out.

98. AutoZone Income Rises 7.4 Percent -

Memphis-based auto parts retailer AutoZone Inc. is in a rare club among publicly traded retail companies: It’s in a position to rack up strong same-store sales and earnings per share growth regardless of the economic cycle.

99. Expectations High for Fed to Announce Major Action -

WASHINGTON (AP) – If the world's investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy.

And many expect the central bank, which began a two-day meeting Wednesday, to unleash its most potent weapon: a third round of bond purchases meant to ease long-term interest rates and spur borrowing and spending. It's called "quantitative easing," or QE.

100. McBroom Joins Indie Memphis as Director of Operations -

Mandy McBroom has been named director of operations for Indie Memphis, the first full-time staff member to hold the position. In her new role, she will oversee festival operations, shorts programming, volunteer opportunities and membership growth.