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By: William Williams
Posted: Thursday, August 27, 2015 - 07:15
Belmont University officials have announced a record-breaking 7,425 students have enrolled for the fall semester, the start of the institution's 125th year. According to a release, the university’s enrollment number has more than doubled since 2000 (2,976 students). In addition, this marks the 15th consecutive year that Belmont’s enrollment broke the previous year’s record.
By: Geert De Lombaerde
Posted: Thursday, August 27, 2015 - 07:04
Vanderbilt Law School graduate Darren Robbins has made a gift to the social justice program at the school, which will now carry the name of the late George Barrett. Barrett — pictured here with Rita Geier, with whom he worked for more than three decades on desegregating Tennessee's state universities — was a 1957 VU Law graduate who was a partner at Barrett Johnston until his death at 86 a year ago.
By: Geert De Lombaerde
Posted: Thursday, August 27, 2015 - 06:56
There seems to be no stopping the Nashville-area housing market these days. The latest Freddie Mac Multi-Indicator Market Index shows a local housing economy rising for the fifth straight month to 90.0. It was under 79 in January and is now up 58 percent from its fall 2010 trough. Freddie Mac says Middle Tennessee is now the eighth-strongest housing market in the United States. (The company's national news release is here.)
By: Geert De Lombaerde
Posted: Wednesday, August 26, 2015 - 14:32
Stifel Nicolaus analyst Dan Bernstein has upgraded shares of Healthcare Realty Trust to 'buy' from 'hold,' saying the Nashville-based REIT is a good value for investors to step in after it slipped from above to $25 to below $23 in the recent market swoon. Bernstein sees more than 20 percent upside for Healthcare Realty (Ticker: HR), which was changing hands at almost $23.20 Wednesday afternoon.
By: J.R. Lind
Posted: Wednesday, August 26, 2015 - 11:12
The local office of CBRE has begun leasing efforts related to the 10,150 square feet of street-level retail space to be included in the 25-story SkyHouse Nashville, now under construction in Midtown. Austin Benedict will handle the marketing and leasing for the retail space, according to a release.
By: Geert De Lombaerde
Posted: Wednesday, August 26, 2015 - 07:18
Veteran Music Row marketing executive Jeff Walker died suddenly Monday night at age 65. Walker was a native of Australia who moved to Nashville four decades ago and shortly afterward launched what is now AristoMedia Group, a holding company for various publicity, promotion and distribution services. Beyond that, he had been, among other things, a member of the board of Country Radio Broadcasters for 35 consecutive years.
By: Geert De Lombaerde
Posted: Wednesday, August 26, 2015 - 07:04
Shareholders of Noranda Aluminum Holding on Monday voted overwhelmingly to approve a 1-for-7 reverse stock split, part of the company's plan to get back in the good graces of the New York Stock Exchange's listing standards panel. Noranda shares (Ticker: NOR) should this morning begin trading around $2.60.
By: Geert De Lombaerde
Posted: Wednesday, August 26, 2015 - 06:47
The equity research team at RBC Capital Markets says investors should stay in (or get back into) many of the names that were doing well before the market's recent slide. Among these "market darlings," they say, is Nashville-based HCA Holdings, which has fallen 10 percent in the past month — right in line with the S&P 500 Index.
By: Emily Kubis
Posted: Tuesday, August 25, 2015 - 15:00
Securities law firm Block & Leviton has filed a federal class action suit against AAC Holdings.The case alleges the Brentwood addiction treatment company made "false and misleading statements" related to legal proceedings, including the pending charges against former AAC president Jerrod Menz and a company subsidiary in California.
By: Geert De Lombaerde
Posted: Tuesday, August 25, 2015 - 12:52
Veteran bank analyst Peyton Green has moved from Sterne Agee to Piper Jaffray, where he has now resumed coverage of Pinnacle Financial Partners, among other regional banks. Green rates shares of downtown-based Pinnacle at 'neutral' and sees them climbing to $53 in the coming quarters. The stock (Ticker: PNFP) closed Monday's volatile session down almost 6 percent at $45.91.