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Daily Archives: December 3, 2013

Distress sales continue to drag down Mississippi’s average home sale price

JACKSON, Mississippi — Mississippi’s October home prices climbed only 1.9 percent over October 2012. But once distressed sales are removed from the calculation, the state’s average home price climbs by 6 percent over the previous October, says CoreLogic, A California-based residential property information, analytics and services provider. CoreLogic’s statewide totals that include short-sales and foreclosure sales are slightly more favorable ...

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CertainTeed says $103M legal settlement won’t hamper Meridian restart

Building materials maker CertainTeed says a defective product settlement that leaves the company on the hook for $103 million won’t jeopardize plans to reopen a ceiling materials plant in Meridian in 2014. The Valley Forge-Pa. based CertainTeed says work is on track for a July reopening of the ceiling tile plant the company closed in 2009. The reopened plant will ...

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(UPDATED) Nissan sets November U.S. sales record with 10.7% increase

Nissan established a November U.S. sales record with 106,528 total deliveries, marking an increase of 10.7 percent over last year’s total of 96,197. Nissan Division set a November record with 93,376 deliveries, a 10.8 percent increase over the prior year. Sales of Infiniti vehicles also set a November record with 13,152 deliveries, up 10.5 percent. Nissan Division has sold 1,035,439 ...

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John-Richard's Alex Malouf receives the 2013 Tozzoli International Business Award

GREENWOOD, Mississippi — Alex Malouf, CEO and Chairman of the Board of John-Richard, has received the 2013 Tozzoli International Business Award for excellence in the development of international business leadership. The Tozzoli International Business award is named for Guy Tozzoli who was the founder and President of the World Trade Center Association in NYC and a three time Novel Peace ...

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Joint Legislative panel's $5.86 billion budget leaves 2,000 jobs unfilled

  JACKSON, Mississippi – Who is the big spender here? The tag goes to Gov. Phil Bryant based on his $6.1 billion 2014 spending plan. In fairness to Bryant, Mississippi’s Joint Legislative Budget Committee was well aware of an opportunity to undercut the governor and did just that when the Tate Reeves-led panel presented a $5.86 billion budget Tuesday morning. ...

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Leaders react to former Gov. Allain's death; family issues statement

Reactions have come from some Mississippi leaders, both Democrat and Republican, to the death of former Gov. Bill Allain: • Democrat William Winter, who was governor from January 1980 to January 1984, when Allain was attorney general and just before Allain was governor: “His legacy will be those reforms he successfully implemented in separating the authority of the Legislature from ...

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Nissan sets November sales records

Nissan established U.S. November sales records for total deliveries, as well as both the Nissan Division and Infiniti. » Nissan total U.S. sales (Nissan + Infiniti) finished November at 106,528, an increase of 10.7 percent over the prior year. (Nov. 2012: 96,197) » Nissan Division sales were 93,376, up 10.8 percent. (Nov. 2012: 84,300) » Through the first 11 months of 2013, ...

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Man accused of sending ricin-laced letters pleads not guilty

TUPELO — A man charged with sending poison-laced letters to President Barack Obama and other officials has pleaded not guilty to a new indictment. James Everett Dutschke was scheduled for an arraignment today in U.S. District Court in Oxford, but his lawyer filed a waiver of appearance and entered the not guilty plea on his behalf. Dutschke has been jailed ...

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Judge to weigh Hood's credit card issuer lawsuit

JACKSON — A federal judge in Mississippi has been ordered to decide if Attorney General Jim Hood’s lawsuit against six credit card issuers should remain in U.S. District Court in Jackson. If the judge rules there is no federal issue to resolve, a three-judge panel of the 5th U.S. Circuit Court of Appeals says the lawsuit should return to state ...

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Defense awards $3M contract to Camgian Microsystems

STARKVILLE — Camgian Microsystems Corporation has received a $3-million contract award from the U.S. Department of Defense (DOD) as part of its Rapid Innovation Fund (RIF) program. The award, the company’s second RIF program award, will fund advancements to Camgian’s low-power, networked sensor technologies and support integration with the Army’s Standard Ground Station (SGS) and Cerberus system. Through this contract, ...

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