News for Economic

MEMPHIS-BASED LIFESIGNS PERFORMING COVID-19 ANTIBODY TESTING Local clinic provides next business day results with 100% accuracy rate (Memphis, TN) – Lifesigns, a Memphis-based, prevention-focused physical exam clinic, recently began performing COVID-19 antibody testing. This testing is free with all private insurance plans, and results are returned to the patient the next business day. For ...read more

TREZEVANT HOSTS DRIVE-BY PARADES SO RESIDENTS CAN SEE FAMILIES, SOCIAL DISTANCING STYLE (Memphis, TN) – Trezevant, a senior living community located at 177 North Highland, found a way to reunite its residents with loved ones while maintaining social distancing guidelines. This spring, Trezevant hosted a series of drive-by parades. Families and friends of residents lined up in a caravan ...read more

HOLLYWOOD FEED EXPANDS SAME-DAY DELIVERY SERVICE IN MULTIPLE MARKETS(Memphis, TN) – Memphis-based Hollywood Feed has now expanded its Same-Day Delivery service in multiple markets across the Southeast and Midwest. With the increased need for home delivery and curbside pick-up options due to the coronavirus pandemic, the natural and holistic pet food and product retailer now offers delivery service ...read more

John Williams has joined Agape Child & Family Services as the nonprofit’s first-ever Chief Information Officer (CIO). John comes to Agape with over 30 years of leadership experience in the information technology field, having served as CIO of Shelby County Schools, Executive Director and CIO of Metropolitan Nashville Public Schools, Operational Technology & Telecommunications Director of Atlanta ...read more

MEMPHIS, Tenn., March 4, 2020 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2019 financial earnings, reporting record net income before taxes at $4.3 million. During 2019, the core bank of Paragon, excluding its SBA-related units (Small Business Capital Group and Specialty Lending), had record revenue and record pre-tax income. Pre-tax income for the core bank increased 61%, to $4.4 million, ...read more

MEMPHIS, Tenn., September 24, 2019 – Grace Medical, a leader in ear nose and throat surgical devices with a focus on otology, today announced it has acquired EndoEar Endoscopic Instruments, which feature simultaneous suction and dissection, along with varied geometries, to access and remove hard-to-reach disease in the middle ear. This acquisition solidifies Grace Medical’s position as the global ...read more

MEMPHIS, Tenn., June 7, 2019 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2019 first quarter financial earnings, reporting a net income of approximately $627,000, an increase of $140,500 or 29%, over the first quarter of 2018.  "We are proud to share another solid financial report for the first quarter of the year," said Robert Shaw, Chief Executive Officer at Paragon Bank. "Our growing ...read more

MEMPHIS, Tenn., March 5, 2019 – Paragon Bank (OTCBB: PGNN.OB) today announced its 2018 fourth quarter financial earnings, reporting record revenue, pre-tax income and net operating income. At December 31, 2018, Paragon had a net income of $1.2 million, an increase of $914,000 or 329 percent over the fourth quarter of 2017. Net income for 2018 increased 49 percent over 2017, primarily due to ...read more

Memphis, Tenn., November 1, 2017 – Eclectic Eye, a Memphis destination for optometry services and stylish eyewear needs, today announced a special anniversary sale in celebration of 15 successful years in business.  Since opening the store in the heart of Midtown, Memphis, Eclectic Eye has pioneered the local optometry provider model and truly defined how small businesses contribute to the ...read more

MEMPHIS, Tenn., July 31, 2017 – Paragon Bank (OTCBB: PGNN.OB) has hired Sean Waybright as Vice President and Business Development Officer. Waybright reports to Charles Yorke, President of the Paragon Bank Small Business Capital Group, and is based in the group’s Denver office.  “With his commitment to the industry and desire to expand the small business community, Sean was an instant asset to the ...read more