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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.”

Community Sponsors

Kohl's Scholarship Program application phase ends Friday

Kohl's Scholarship Program application phase ends Friday

Visit kohlskids.com for more information

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.

Ga. Connections Academy accepting students for 2014-15 school year

Ga. Connections Academy accepting students for 2014-15 school year

(WXIA) -- A few seats are still available at Georgia Connections Academy for the 2014-15 school year.

Georgia Connections Academy is a virtual K-12 public school that allows students to learn at their own pace. It is fully accredited and open to all school-age Georgia children.

"We are enrolling 1,000 additional students across all grade levels for the coming academic year," lead principal Heather Robinson said in a release. "We have a waiting list as we open enrollment, so we encourage parents to get their applications in now."

Georgia Connections Academy will hold a number of information sessions across the state for parents who want to know more. Additional enrollment information is available at connectionsacademy.com/georgia-virtual-school.

Upcoming information sessions in the Atlanta area include:

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Weekend roadwork planned for I-85, Ga. 400, Connector

Weekend roadwork planned for I-85, Ga. 400, Connector

(WXIA) -- With a warm weekend on the horizon, the Georgia Department of Transportation plans to perform some much-needed roadwork throughout north Georgia.

Closures and delays can be expected on a number of major roads and highways.

"Plan ahead -- I can't say it enough," GDOT District Construction Engineer Shun Pringle said in a release. "If you plan ahead, you can avoid some potentially heavy delays."

Some notable roadwork includes:

Downtown Connector
Two right lanes of I-75/85 north near University Avenue will be closed for pavement work Saturday from 9:30 a.m. to 6 p.m.

I-285
Three lanes will be closed in both directions between West Paces Ferry and Roswell roads for sign replacements. All work will take place overnight -- from 9 p.m. to 5 a.m.

Best Buy to cut hundreds of jobs

(BUSINESS JOURNAL) -- Best Buy Co. Inc. plans to cut hundreds of jobs throughout its U.S. store operations, according to a report in the New York Post.

The article, citing anonymous insiders, says the "layoffs could affect upwards of 2,000 managers," though the exact scope isn't known. The retailer does not plan to close any of its 1,055 U.S. stores at this time.

Best Buy, which reports its fourth-quarter earnings on Thursday, declined to comment. The chain has 19 stores in metro Atlanta.

Late last month, Best Buy announced it was laying off roughly 950 full-time employees at its Best Buy and Future Shop stores in Canada as part of a store-restructuring initiative. The company said it will consolidate sales departments and reduce management layers in an effort to "streamline its store operating model as part of the company's long-term growth strategy in Canada."

3-year-old found dead, mom's boyfriend arrested

FORSYTH COUNTY, Ga. -- A 3-year-old boy was found dead inside a Forsyth County house Tuesday morning.

The child's body was found shortly before 11 a.m. in the Bridgetowne subdivision off Browns Bridge Road in Cumming.

Doug Rainwater of the Forsyth County Sheriff's Office said investigators believe 25-year-old Christopher E. Truett, who was supposed to be watching the little boy, called the child's mother and said that something was wrong with the child. He also called 911, according to 911.

The mother, Dawn Schutts, rushed home, found the child and called 911. 

At that point, Truett fled. More than three dozen officers searched a wooded area and found him. He was then taken into custody and charged with cruelty to children and reckless conduct. Rainwater said more charges are pending the outcome of an autopsy.