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Parkway fires CFO, stock tumbles

Parkway Properties Inc. (PKY US) fell 13.78 percent to $17.20, after sinking as much as 13 percent, the most intraday since April 20. The real estate investment trust reduced its annual dividend to 30 cents a share from $1.30 and said it fired J. Mitchell Collins as chief financial officer.

About Ross Reily

Ross Reily is editor of the Mississippi Business Journal. He is a husband to an amazing wife, dad to 3 crazy kids and 2 dogs. He is also a fan of the Delta State Fighting Okra and the Boston Red Sox.

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