First Horizon sets date for merger vote
In a proxy statement filed with the U.S. Securities and Exchange Commission, FHN has disclosed detailed information on its merger with Toronto-Dominion Bank.
Rob Moore
There are 762 articles by Rob Moore :
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April 2022
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Business Sylvamo takes action to avoid takeover
The Memphis-based company’s board of directors unanimously adopted a limited-duration shareholder rights plan, known as a “poison pill.”
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Ford Megasite Ford’s Blue Oval City on display at Memphis International Auto Show
This year’s show is the first since the start of the pandemic and the first since Ford announced its $5.6 billion manufacturing campus in West Tennessee.
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Ford Megasite Ford announces $16.5M partnership with UT
Ford, UT reveal agreement to restore stream waters flowing through Lone Oaks Farm, located about 70 miles from Memphis.
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Business First Horizon reports first quarter 2022 earnings
FHN president and CEO Bryan Jordan said in a statement released Tuesday that higher long-term rates and global uncertainty impacted operations. Jordan also said FHN is “well positioned” to benefit from rising short-term rates.
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Ford Megasite Lightning in a throttle: Ford to showcase F-150 at Memphis Auto Show
Ford Motor Co. plans to bring a 10,000-square-foot display that will include updates on its project at the Megasite of West Tennessee, future Blue Oval City, as well an outdoor EV track.
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Ford Megasite Local leaders, businesses focused on smart growth for Blue Oval City
While Memphis-based Fogelman Properties doesn’t have real estate interest in Haywood County, president Mark Fogelman said his experience in regions like Chattanooga following Volkswagen’s investment could be used to gauge what could happen in West Tennessee.
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Premium
BusinessWhat are International Paper’s options for its Russian investment?
A note from a packaging and forest products analyst dated Wednesday, March 13, mentions the “logistical, legal and financial challenges” IP faces by suspending or exiting operations with Ilim.
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Ford Megasite House amends bill requiring review of Blue Oval City contractors
The bill would require the Megasite Authority of West Tennessee to submit a report detailing the name and location of each business or third-party entity contracted to perform construction work at the site.
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Real Estate FedEx Logistics global headquarters opens at former Gibson Guitar factory
The decision to consolidate more than 600 of its workers into a single Downtown workspace has been years in the making and not without its setbacks. The move took more than $50 million and three years to execute.
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Business Bluff City Biz: Future of FedEx and Blue Oval City with Bo Allen
“It’s hard for me to believe that anyone has done more for Memphis than Fred Smith,” Bo Allen, First Horizon regional president for West Tennessee, Arkansas and North Mississippi, said.
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Transportation & Logistics What’s next for FedEx?
FedEx stock was up nearly 5% Tuesday, March 30, following the announcement on Monday that Raj Subramaniam will succeed Frederick W. Smith as president and CEO.
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Ford Megasite Report shows Blue Oval City, Lightning ‘crucial’ to Ford’s long-term goals
Ford plans to reach carbon neutrality by 2050, and its operations in West Tennessee are at the frontier of that goal, according to its latest sustainability report.
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March 2022
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Transportation & Logistics Raj Subramaniam to succeed Fred Smith as president and CEO of FedEx Corp.
FedEx announces the next president and CEO following founder Frederick W. Smith’s tenure.
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Downtown Testing underway for Madison Ave. trolley service
Trolley service on Madison has been suspended since 2014, following two fires on two separate cars within six months of each other.
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Business Bluff City Biz: A pop-up sushi restaurant, retail improvement grants with Karen Carrier
“I say, do whatever it takes to bring life back into whatever area of the city needs it,” Karen Carrier, Memphis chef and restauranteur, said. “It’s important for the city to grow in the way it needs to grow.”
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Transportation & Logistics FedEx flight departs for Europe carrying relief for Ukrainian refugees
For more than two hours Saturday morning, FedEx Express team members loaded a Boeing 777 cargo aircraft with 76 tons of supplies, including an emergency field hospital and life-saving medicines.
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Ford MegasiteMeet Walbridge, the company building Ford’s Blue Oval City
The Detroit construction company had its first supplier outreach meeting in January in Memphis, followed by a similar meeting in March in Jackson, Tennessee, about 45 miles east of the Megasite.
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Real Estate Topgolf Memphis application filed with TDEC
A permit is currently pending with the Tennessee Department of Environment and Conservation for Topgolf Memphis.
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Ford Megasite House meeting reveals Megasite electricity, wastewater updates
General Services has two State Building Commission-approved capital projects, including the 36.5 miles of pipeline that will run from the northwest corner of the Megasite — where the wastewater treatment plant will be located — to the Mississippi River.
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Real Estate Bluff City Biz: A possible Topgolf and a Malone Park update with Paul Young
Topgolf or a similar facility would be “a great thing for our community,” said DMC president and CEO Paul Young.
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Premium
Real EstateWill the Fed’s interest rate hike affect lending in the Mid-South?
Interest rates on things like consumer debt are likely to rise following the Fed’s decision, which could put a strain on an economy already fighting decades-high inflation.
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Transportation & Logistics FedEx reports higher third quarter earnings
The improved results were partially offset by the effects of the Omicron variant, as well as higher transportation and wage related costs.
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Business Terminix acquisition clears waiting period
Upon the acquisition, the combined company will have 56,000 employees serving 4.9 million customers worldwide, including 790 locations.
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Business International Paper on short list of corporations still operating in Russia
More than 375 companies around the world — including FedEx Corp. and Sylvamo Corp. — have suspended operations in the region following the humanitarian crisis created in the wake of Russia’s full-scale invasion of Ukraine.
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