VOL. 127 | NO. 76 | Wednesday, April 18, 2012
Analysts are expecting the parent company of First Tennessee Bank to report a profit of 13 cents per share when it reports first quarter earnings Thursday.
Local homebuilding activity, sales slowly pick up
Local homebuilders filed 20 percent more new home permits during the first quarter compared with the same period last year, but industry experts say the market won’t see significant recovery until next year.
Memphis Mayor A C Wharton Jr. took a $628.3 million city operating budget proposal Tuesday, April 17 to the Memphis City Council with a 47-cent property tax hike proposed to meet the city’s obligation to fund Memphis City Schools.
Last month proved to be a positive one for local homebuilding activity, with a 47 percent increase year over year in new home permits.
The week that two solar farms located in Haywood County and Memphis were dedicated, a bill that would increase property taxes on owners of solar production facilities like the two arrays was undergoing more changes in Nashville and encountering increased opposition from the state’s solar industry.
As the population ages, hospice and the volunteers who provide comfort and support to end-of-life patients and their families play a significant role in more lives.
Allison Cook has been named market director at Memphis Farmers Market. Cook brings her marketing and business management experience to the position, and also has volunteered at the market and its Harvest Celebration fundraisers for three years.
All hail Facebook Timeline. Like it or not, the social media giant’s much anticipated design overhaul for individual users early this year has now been applied to all business pages, too.
The Flows Knows While rationality has returned to the markets, occasional bouts of volatility (as we have experienced over the last few trading days) can muddy the analytical waters. After a 30 percent advance in the S&P 500 from the October lows, a pullback seems appropriate, and the reaction to the recent pullback couldn’t be more telling.
Despite increased awareness of cybercrime, cyber-attacks continue to plague companies from Memphis to Brussels to Subic Bay.
NASHVILLE, Tenn. (AP) — A proposal to strip employers of the right to ban firearms on company property is advancing again in the House, even though Gov. Bill Haslam says he doesn’t think it will pass.
JACKSON, Miss. (AP) – Part of a north Mississippi thoroughfare is being named the William R. "Bill" Minor Memorial Highway, for a state transportation commissioner who died in November 2010.
WASHINGTON (AP) – With big postal cuts looming, the Senate is deciding whether to stabilize the ailing U.S. Postal Service with a short-term cash infusion while delaying most decisions on closing post offices and ending Saturday mail delivery by requiring further review.
WASHINGTON (AP) – General Services Administration witnesses came under sharp criticism from Congress for a second day on Tuesday, as lawmakers expressed outrage over junkets, bonuses and parties paid for by taxpayers.
WASHINGTON (AP) – U.S. builders requested the most permits in March for single-family homes and apartments in 3½ years, suggesting that many expect the housing market to improve over the next year.