Provident Path? “It’s a great company, but a lousy stock,” Smith Barney analyst Colin Devine says of UnumProvident Corp. “When that happens, you’ve got an internal management issue.” Though the Chattanooga-based insurer case management is the best in the business, its shares have sunk from $55 four years ago to about $15 today, an abject lesson in the consequences of Wall Street losing confidence in a company.
“Unum has to demonstrate that having the biggest market share gives it superior pricing ability,” the Fortune magazine All-Star analyst adds. So far it hasn’t proved that... More... Forty Under Forty Young, bright and with some accomplishments under their belts. While these qualities do not guarantee future success, they are certainly good indicators. With that in mind, our editorial team identifies More...
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Heavy Metal West/Memphis - As it celebrates its 25th anniversary, the National Ornamental Museium nears completion of a $1.3 million campaign
A Utility Player Jackson - The Jackson Energy Authority prepares to enter the cable business
High-tech Harbinger Middle/Nashville - One man looks to update a state's worth of outdated technology
Healthy Venture East/Chattanooga - Chattanooga looks to become a "capital" city
The Right Track Knoxville/Tri-Cities - Bristol's success provides a model worth emulating
Downtown Development: Banking Battles BB&T has been in Tennessee for about three years, and already its new 10-foot-tall signage atop Knoxville’s second-highest office tower is heralding the bank’s plans to expand westward into the state.
Portfolio Management: Divide & Profit Property owners may have hundreds of thousands of dollars in cost savings just waiting to be tapped. With careful study, building owners may be able to use a tax strategy called “cost segregation” to
