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Daily Archives: May 2, 2011

Robertson on PERS

JACKSON- Public Employees Retirement System of Mississippi executive director Pat Robertson comments on recent developments at PERS at a May 2 Stennis Institute luncheon.

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A good economic model for the Miss. Delta?

By Amy McCullough This week’s Q&A, former Community Coffee CEO Randy Russ, is now leading Jackson’s Christ United Methodist Church in “Business As Mission” work on an African coffee farm. The MBJ asked whether such an economic model might help in Mississippi’s economically depressed Delta. His response: Q – Tell us about your “business as mission” work on an African ...

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Winds cause collapse of historic Red Barn

ROLLING FORK — The US Army Corps of Engineers, Vicksburg District (Corps) has been notified by local officials in Rolling Fork that the south wall of the structure commonly referred to as the Red Barn collapsed. This also caused the barn roof to collapse. Corps historic preservation specialists, architects and archaeologists have been in consultation with the State Historic Preservation ...

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Cypress Pharmaceutical rolls out new generic drug

MADISON — Cypress Pharmaceutical Inc. has commercially launched Epinastine HCl Ophthalmic Solution, 0.05%, which is AT-rated to Allergan’s ELESTAT (epinastine HCl ophthalmic solution) 0.05%. As the first company to file an abbreviated new drug application (ANDA) containing a paragraph IV certification for this product, Cypress has been awarded a 180-day period of marketing exclusivity. Cypress, founded in 1993, is a ...

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Ground broken for new intermodal rail facility

ROSSVILLE, Tenn. — Norfolk Southern CEO Wick Moorman and Tennessee Gov. Bill Haslam recently joined state and local dignitaries and business and community leaders at the groundbreaking for the new Memphis Regional Intermodal Facility in Rossville, Tenn. The $105-million facility is part of the multi-state $2.5-billion Crescent Corridor initiative to establish an efficient, high-capacity intermodal freight rail route between the ...

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'Economy Watch' finds state's consumer confidence rising

STARKVILLE — Mississippians were more confident about the economy in the first quarter of 2011, but higher gas prices, lack of growth in income and housing market uncertainty are significant concerns. The latest Mississippi Index of Consumer Sentiment shows a 2.3 percent rise in confidence. This reading continues the upward trend seen since last summer. Of note, the gains in ...

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Aerospace Corp. awarded Stennis Space Center contract

HANCOCK COUNTY — NASA has awarded five indefinite-delivery, indefinite-quantity sole source contracts to Aerospace Corp. of El Segundo, Calif., for specialized engineering, evaluation and test services. These five cost-plus-fixed-fee contracts will support eight NASA centers and have a total maximum value of $ 658.25 million. The period of performance is from the date of award thru Nov. 30, 2018. Under ...

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Hancock, Whitney shareholders approve merger

GULFPORT and NEW ORLEANS — At separate but concurrent special meetings, Hancock Holding Company shareholders and Whitney Holding Corporation shareholders voted in favor of the proposed merger of the two companies. This approval by both companies’ shareholders marks another milestone necessary for Whitney to merge with and into Hancock. Hancock and Whitney expect to close the merger during the second ...

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Levee Board suing EPA over Yazoo Pump

MISSISSIPPI DELTA — Officials charged with protecting the lower Mississippi Delta from devastating floods have filed a court appeal in support of completion of the Yazoo Backwater Project, a flood-control project that has been derailed by the U.S. Environmental Protection Agency. The appeal was filed with the Fifth U.S. Circuit Court of Appeals by the board of Mississippi Levee Commissioners. ...

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Disaster declaration extended, storm aid coming

ACROSS MISSISSIPPI — Gov. Haley Barbour announced residents and business owners in four additional counties can access federal emergency assistance programs after President Obama approved and expanded Mississippi’s federal disaster declaration for severe storms, tornadoes and flooding that affected the state. The additional counties are Chickasaw, Choctaw, Neshoba and Webster. These four counties will receive FEMA Individual Assistance, which provides ...

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