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Daily Archives: May 3, 2011

Rising river has Tunica casino industry in emergency mode

TUNICA — The staggered casino closing plan implemented by the Tunica casino industry, in conjunction with emergency management officials and the Mississippi Gaming Commission, was completed yesterday afternoon with the scheduled closing of the three casino properties located at Casino Center (Gold Strike Casino Resort, Horseshoe Casino & Hotel, Tunica Roadhouse Casino & Hotel). The plan, put into effect April ...

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KiOR signs another offtake agreement for Columbus plant

COLUMBUS — KiOR Inc., a renewable fuels company, and Catchlight Energy, LLC (CLE), a 50-50 joint venture between subsidiaries of Chevron Corporation and Weyerhaeuser Company focused on providing liquid transportation fuels from sustainable forest-based resources, announced they have signed a conditional offtake agreement for CLE to purchase gasoline and diesel fuel blendstocks from KiOR’s first commercial production facility in Columbus. ...

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Butler Snow makes national ranking of largest law firms

RIDGELAND — Butler, Snow, O’Mara, Stevens & Cannada, PLLC, was recently named to the National Law Journal’s 250 ranking, an annual survey of the nation’s largest law firms. The publication ranked Butler Snow 240 on the list, which is based on the number of full-time attorneys for 2010. 
 “We’re fortunate because our firm culture is based on teamwork and ...

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The First Bancshares reports a decrease in net income

HATTIESBURG — The First Bancshares Inc., holding company for The First, A National Banking Association, has reported earnings for the quarter ended March 31, 2011. The First Bancshares also announced a quarterly dividend of $0.0375 per common share. The record date will be May 12, 2011 with a payable date of May 26, 2011. Net income available to common shareholders ...

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Hancock again earns five stars from BauerFinancial

GULFPORT — BauerFinancial Inc. has named Hancock Bank as a “Five-Star Superior Bank,” marking the 86th consecutive quarter that Hancock has earned recognition as one of the nation’s most financially sound banks. This current BauerFinancial ranking places Hancock Bank in the top 16.5 percent of more than 8,000 U.S. financial institutions rated on adequate capital, credit quality and other proprietary ...

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Tri-Lakes Medical Center acquisition completed

BATESVILLE — A subsidiary of Health Management Associates Inc. has completed the transaction to partner with the current physician owners of the 112-bed Tri-Lakes Medical Center located in Batesville. Under the joint venture, Health Management will own a 95 percent controlling interest in Tri-Lakes and manage its operations. Gary D. Newsome, president and CEO of Naples, Fla.-based Health Management, said, ...

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Chaney issues moratorium on policy cancellations/non-renewals

JACKSON — To assist residents as they struggle to recover from last week’s devastating storms, Commissioner of Insurance Mike Chaney has issued a bulletin to insurance carriers placing a 60-day moratorium on the cancellation/non-renewal of certain policies. The moratorium applies to commercial property, homeowners, dwelling fire and commercial and personal automobile insurance policies. The moratorium extension is not automatic. To ...

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More federal disaster aid committed to storm-tossed areas

ACROSS MISSISSIPPI — The Mississippi Department of Employment Security has begun accepting applications for Disaster Unemployment Assistance from those living or working in counties that received a federal disaster declaration because of tornadoes and straight-line winds. President Barack Obama declared 11 Mississippi counties eligible for individual assistance, opening the door to affected workers to receive Disaster Unemployment Assistance. As of ...

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