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Michael Merlin named to Barron’s Top 1,200 Financial Advisors

Michael Merlin named to Barron’s Top 1,200 Financial Advisors

ATLANTA, GA March 11, 2014– Morgan Stanley announced today that Michael Merlin, Managing Director, Financial Advisor, in the Firm’s Atlanta Wealth Management office, has been named to Barron’s list of America’s Top 1,200 Advisors: 2014 State-by-State.

The “Barron’s Top 1,200 Advisors” is a select group of individuals who are screened on a number of criteria. Among factors the survey takes into consideration are assets under management, revenue produced for the Firm and quality of service provided to clients.

“I am extremely proud that  Michael Merlin is representing Morgan Stanley Wealth Management on this list,” commented Michael Outlaw, Branch Manager of Morgan Stanley’s Atlanta office. “This listing recognizes an elite group of financial professionals who are dedicated to providing clients with exceptional wealth management services.”

RadioShack to close 1,100 stores

(USA TODAY) -- After reporting dismal fourth-quarter earnings, RadioShack said Tuesday that it would close about 1,100 poorly performing stores, roughly 20% of the electronic retailer's locations.

The store closings will leave about 4,000 locations in the U.S. The company has been struggling to revamp its stores for the past year.

Total net sales and operating revenues were $935.4 million in the fourth quarter, vs. $1,171.4 million last year, a 20% decline. Comparable store sales were down 19%, which the company blames on poor performance in its mobile phone business.

RadioShack stock was down more than 20% in premarket trading.

"Even in this environment, we're continuing to make progress on the five pillars of our turnaround plan: repositioning the brand, revamping the product assortment, reinvigorating the stores, operational efficiency and financial flexibility," CEO Joseph C. Magnacca said in a statement.

Tin Lizzy's could double its number of locations

ATLANTA -- Atlanta-based Tin Lizzy's Cantina is in a growth spurt.

The chain of "Flex-Mex" taquerias looks to more than double its number of locations over the next two years, according to Chief Operating Officer Tory Bartlett.

Tin Lizzy's today has six locations: Buckhead, Midtown, Grant Park, Perimeter, Emory Point and Mall of Georgia.

But, it wants to grow to 15 locations by the end of 2016.

That could bring the brand to new markets, such as Augusta, Ga. or Charleston, S.C. The company hopes to open its first restaurant outside of metro Atlanta in 2015.

"We want to grow the brand through the Southeast," said Bartlett, who was brought on late last year to aid Tin Lizzy's growth. He previously worked for Hooters of America LLC. In his 20-year tenure, he worked his way from dishwasher to director of operations, opening more than 120 Hooters locations.

Coke teams up with Keurig parent for home soda machine

(WXIA) - Atlanta-based Coca-Cola plans to team up with the parent company of single-serve coffee brewer Keurig to bring a single-serving countertop Coke machine to market soon.

The joint venture with Green Mountain Coffee Roasters will create a design similar to the wildly successful Keurig machines, and keep the Keurig name.

Coca-Cola announced Thursday that it's paying $1.25 billion for 10 percent of the coffee roasting company.

First look at towers planned for Midtown

ATLANTA -- Atlanta Business Chronicle has obtained copies of the plans for the 98 14th Street project in Midtown, which is proposed for the 4-acre "symphony center" site.

The new plans reveal previously unknown details about the nearly 2 million-square-foot mixed-use development that includes three high-rise towers.

The tallest, dubbed Tower C, would soar 60 stories and contain 300 residential units and a hotel. Tower B would have 57 stories and up to 500 residential units. Tower A would have 39 stories and up to 500 units.

"The towers will share a common design language articulated with the extensive use of projecting balconies," say the plans. "The building envelope will consist of extensive areas of insulated vision glass and infill panels, connecting residents with their outdoor spaces ... By varying degrees, the buildings will appear to be transparent, translucent and reflective of their surrounds and changing atmospheric conditions."

Michael Merlin named to 'On Wall Street' magazine's Top Advisors Under 40

ATLANTA -- Morgan Stanley (NYSE: MS) today announced that Michael Merlin, an Executive Director, Financial Advisor in the Firm’s wealth management office in Atlanta, GA, has been named to On Wall Street Magazine’s 2013 listing of “Top 40 Advisors Under 40.”

This listing is a select group of individuals who are 39 years of age or younger, as of December 31, 2013. Individuals are recognized based on their trailing 12-month production (T-12) and assets under management (AUM) as of September 30, 2013. This listing also takes into consideration the overall business mix of practices and adherence to high standards of industry regulatory compliance. Investment performance is not a criterion.

“To be named to this annual listing is an impressive honor, and we are extremely proud to have Michael represent Morgan Stanley on this list,” commented Michael Outlaw, Branch Manager of Morgan Stanley’s Buckhead Wealth Management office.

Conway MacKenzie named Outstanding Turnaround Firm 2013 By Turnarounds & Workouts magazine

Conway MacKenzie named Outstanding Turnaround Firm 2013 By Turnarounds & Workouts magazine

ATLANTA -- Conway MacKenzie, Inc., the premier consulting and financial advisory firm in the middle market, is proud to announce it has been recognized as one of the nation’s Outstanding Turnaround Firms for 2013 from Turnarounds & Workouts, the leading industry publication. This is the twelfth time Conway MacKenzie has been recognized by the publication.

“We have established extremely high standards at Conway MacKenzie and are proud of the significant achievements that our professionals accomplished throughout the past year,” said Van Conway, chief executive officer and president of Detroit based Conway MacKenzie, Inc. “To be chosen as one of the Outstanding Turnaround Firms for the twelfth time by this prestigious group is an noteworthy accomplishment and honor for me and the hardworking, dedicated team at Conway MacKenzie.”