Home » 2013 » October » 23

Daily Archives: October 23, 2013

Franchise Services of North America director resigns

From wire reports RIDGELAND, Mississippi — Franchise Services of North America announced Tuesday that William N. Plamondon has resigned as a director of the company due to personal and business reasons. Plamondon will remain president of the company’s wholly-owned subsidiary, Advantage Rent A Car. Ridgeland-based FSNA is a publicly traded company listed on the TSX Venture Exchange. The company and ...

Read More »

Mississippi Polymer Institute signs MOU with WIINTECH Cluster in Germany

The Mississippi Polymer Institute has signed a Memorandum of Understanding (MOU) with the WIINTECH group, which signifies the first official step in moving local Mississippi businesses toward international collaboration with the companies that are a part of that network. In the spring of 2012, Mississippi Polymer Institute, along with the School of Polymers and High Performance Materials at The University ...

Read More »

Trustmark declares 23-cent dividend for 3rd quarter

Special to The MBJ JACKSON, Mississippi — Trustmark Corp. has announced a net income available to common shareholders of $33.0 million in the third quarter, which resulted in diluted earnings per common share of 49 cents, an increase of 6.5 percent from the prior quarter as well as from levels one year earlier. Trustmark’s performance during the quarter produced a ...

Read More »

Banished from Farish St., Watkins named chair of Downtown Jackson Partners

JACKSON, Mississippi — Fresh off getting the boot from Jackson’s Farish Street redevelopment project, developer David Watkins took over the chairmanship of Downtown Jackson Partners Wednesday. Watkins, principal of Watkins Development and rescuer of the King Edward Hotel and Standard Life Building, succeeds Trustmark Bank’s Harry Walker as chair of the public-private agency that oversees downtown’s Business Improvement District and ...

Read More »

Trustmark declares 23-cent dividend for 3rd quarter

JACKSON, Mississippi — Trustmark Corp. has announced a net income available to common shareholders of $33.0 million in the third quarter, which resulted in diluted earnings per common share of 49 cents, an increase of 6.5 percent from the prior quarter as well as from levels one year earlier. Trustmark’s performance during the quarter produced a return on average tangible ...

Read More »

Cadence Bank releases 'Fluent' to help customers' money mangement

Cadence Bank today announced the release of Fluent by Cadence, a new suite of products designed to help clients manage their money better, faster and more conveniently. Available at no charge to Cadence Bank customers, Fluent is comprised of three secure, user-friendly products for a comprehensive and engaging money management experience: Cadence Mobile, Cadence FlashDeposit and Cadence TotalMoney. With Fluent, ...

Read More »

Hood liked Ed McMahon; but lottery scammers…

Mississippians should be aware — a notice saying they are big winners could result in big losses. Attorney General Jim Hood has issued an alert on phony phone marketers promising lottery winnings or bogus checks in the mail. This particular scam, referred to as the lottery scam, can surface via phone, mail or email.  The standard con includes a claim ...

Read More »

SpaceX to test rocket engine at Stennis; administrator praises workers

HANCOCK COUNTY — Private space exploration firm SpaceX will test a methane fueled rocket engine at NASA’s John C. Stennis Space Center in Hancock County. State and federal officials made the announcement today. Mississippi will spend $500,000 and NASA will spend $600,000 to help upgrade a rocket test stand so it can use methane to fuel SpaceX’s Raptor engine. SpaceX, ...

Read More »

After three years, voters finally to weigh in on sales tax

JACKSON — A local option sales tax that has sat on the books for three years finally will be offered to Jackson voters. The Clarion-Ledger reports the Jackson City Council yesterday voted to raise sales taxes one cent on every dollar, on the condition that voters approve in a referendum the higher rate By law, the proceeds all would be ...

Read More »

BancorpSouth's profits rise after cutting costs, bad loans

TUPELO — Regional bank BancorpSouth Corp. cut costs and bad loans in 2013’s third quarter, as profit increased by 4 percent from the same three months of 2012. BancorpSouth posted quarterly profit of $24.9 million, or 26 cents per share yesterday. That’s up from $23.8 million or 25 cents per share in 2012’s third quarter. Analysts polled by FactSet had ...

Read More »