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Daily Archives: January 28, 2013

Senate bills call for moving dozens of state offices to Capitol area

Downtown Jackson would see hundreds of new workers and a whittling of its office space vacancies through proposals from Senate Public Property Committee Chairman David Blount to consolidate more state agencies into space available in the Jackson Capitol Complex. In support of a pair of bills he has introduced, Blount produced an analysis from Millsaps College’s Else School of Management ...

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Toyota reclaims title of world's top automaker

Toyota Motor Manufacturing sold a record 9.75 million vehicles last year, according to an official tally released Monday, roaring past General Motors and Volkswagen to reclaim its title as the world’s top automaker in 2012. The Japanese automaker which opened a Corolla plant in Mississippi’s Blue Springs in 2011 had a 27 percent increase in U.S. sales in last year, ...

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Classes are forming for entrepreneurial training in Madison County

Madison County Economic Development Authority is partnering with Holmes Community College in Ridgeland to offer an entrepreneurial training program called Operation JumpStart. Operation JumpStart is a hands-on, 36 hour training program designed to help aspiring and existing entrepreneurs determine the feasibility of their business ideas while building essential business planning and preparation skills.  Skills learned include business concept development; market ...

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The First reports best earnings year in history

HATTIESBURG — The First Bancshares Inc. (NASDAQ:FBMS) reports net income of $4,048,000 for the year ended Dec. 31, 2012, which exceeds the previous high of $3,823,000 set in 2007. Net income available to common shareholders increased to $3,624,000, or $1.16 per diluted share, a 43.3 percent increase from the $2,529,000, or $.82 per diluted share reported for the prior year. ...

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Contents of historic mansion going on block

PORT GIBSON — The contents of an Old South mansion in Port Gibson are going up for sale. An estate tag sale is set for Feb. 1-3 at the historic Oak Square home. The Clarion-Ledger reports Oak Square was once the town home of a cotton planter. It was later divided into apartments. More recently it was restored as a ...

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First M&F reports hefty jump in net income

KOSCUISKO — First M&F Corp. reported 2012 net income of $6.985 million as compared to a net income of $4.373 million for 2011, a 59.7 percent increase. Earnings allocated to common shareholders were $4.919 million, or $0.54 basic and diluted earnings per share, compared to earnings of $2.584 million, or $.28 basic and diluted earnings per share for 2011. Net ...

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Attorneys combine to form new, multi-state practice

GREENVILLE and JACKSON — Members of the former law firms of Wilkins Tipton, P.A., and Adelman Law Firm, PLLC, have formed a new law firm, Hagwood Adelman Tipton, PC. The new firm has six regional offices, including Greenville and Jackson. Other offices are located in Alabama, North Carolina and Tennessee. The firm has made public plans to enter Arkansas, as well. Attorneys ...

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Entergy assess cost of Christmas Day ice storm

LITTLE ROCK, Ark. — Entergy Arkansas has compiled preliminary damage estimates following the Christmas Day ice storm that gripped Central Arkansas and left more than 194,000 customers without power and caused extensive damage due to ice, snow and high wind. Total restoration costs for the repair and/or replacement of Entergy Arkansas’ electrical facilities in areas damaged from the winter storm ...

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Offices move to temporary site in wake of courthouse fire

EUPORA — Webster County government offices displaced by a recent fire that gutted the 1915-built building opened to the public with limited services at 8 a.m. today at 16 East Fox Avenue in Eupora, according to a release from Beverly Pettigrew Kraft, public information officer, Administrative Office of Courts. Offices of the Webster County Chancery Clerk, Circuit Clerk, Tax Assessor-Collector, ...

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Investigators: Social media at heart of election night incident at UM

OXFORD — The University of Mississippi faculty/staff Incident Review Committee (IRC) assigned to determine the facts of a widely reported election night incident has released its report, finding that student misrepresentations on social media, including Facebook and Twitter, were fuel for the events that happened on campus that night. The IRC has forwarded the names of 14 students to either ...

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