Home » 2014 » June » 06

Daily Archives: June 6, 2014

PriorityOne named top-performing bank

Magee-based PriorityOne Bank has been named one of the top performing community banks in the nation by the Independent Community Bankers of America. As part of its annual recognition of high-performing ICBA member institutions, ICBA Independent Banker pulled year-end FDIC data to identify the community banks with the highest performance metrics — those with best return on average asset ratios ...

Read More »

Rain puts state's rice farmers behind schedule

ACROSS MISSISSIPPI — With Mississippi’s rice crop about two weeks later than normal, growers will have narrow windows of opportunity to perform necessary management as it grows. The U.S. Department of Agriculture estimated 92 percent of rice was planted by June 1. Seventy-four percent of the crop that has emerged was in good to excellent condition. Bobby Golden, Mississippi Agricultural ...

Read More »

A.M. Best upgrades Southern Farm Bureau's ratings

RIDGELAND — A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of A+ (Superior) and the issuer credit ratings of “aa-” for the members of Southern Farm Bureau Casualty Group (SFB), namely, Southern Farm Bureau Casualty Insurance Company and its wholly owned subsidiary, Louisiana Farm Bureau Casualty Insurance Company. Both companies are headquartered ...

Read More »

Report: State ranks third in U.S. in negative-equity homes

IRVINE, Calif — CoreLogic has released new analysis showing more than 300,000 homes returned to positive equity in the first quarter of 2014, bringing the total number of mortgaged residential properties with equity to more than 43 million. The CoreLogic analysis indicates that approximately 6.3 million homes, or 12.7 percent of all residential properties with a mortgage, were still in ...

Read More »

Tea party official, others not charged over courthouse incident

JACKSON — No charges will be filed against a tea party officer and two others representing the challenger in a Senate primary after they became trapped in a courthouse in the middle of the night, hours after officials had gone home from counting votes. Janis Lane, Scott Brewster and Rob Chambers were locked inside the Hinds County Courthouse more than ...

Read More »

Air service to Orlando could be on the horizon

Direct service from Jackson-Medgar Evers International Airport to Orlando could resume after Southwest Airlines’ departure  if airport officials receive a U.S. Department of Transportation grant they say they are confident of getting. The grant is the same one by which the airport gained service to New York City. The direct service to Orlando ceases with Monday’s departure of Southwest Airlines ...

Read More »

Vaya con Dios Southwest — last flight departed Jackson Saturday night

Southwest Airlines’ 7:05 p.m. Saturday flight to Houston’s Hobby International Airport brought to a close Jackson-Medgar Wiley Evers International’s 17-year relationship with the Dallas-based carrier.   The elimination also marks the airline’s first severing of service to a second-tier market serving a population of over 500,000 people. The only other two service closings occurred in Denver and Detroit, though in 1973 ...

Read More »

Bryant: Critical to keep Dole at port

GULFPORT — Dole Foods Chairman and CEO David Murdock says he won’t sign a new lease with the Port of Gulfport until he sees more progress on the $570 million West Pier restoration, an expansion funded by federal Hurricane Katrina relief money. Murdock, 91, was on the Mississippi coast Thursday for the celebration of Dole’s 50th anniversary at the port. ...

Read More »

Labor shortage could have impact on rebuilding after April 28 tornadoes

Contractors are slowly starting to get to work repairing and rebuilding structures that were damaged or destroyed in the April 28 tornadoes that hit the Louisville and Tupelo areas particularly hard. “A few folks are already working,” said Kenneth Estes, owner of Estes Building and Remodeling in Saltillo and president of the Home Builders & Remodelers Association of Northeast Mississippi. ...

Read More »

Construction booming at state universities

Construction is on the upswing at the state’s universities. Some have major projects under way after a dry spell of several years. Currently there are six projects in construction or just finishing at Mississippi Valley State University. Director for Physical Facilities Management and Campus Planning Tommy Verdell Jr. is busy as the work continues to update existing facilities. “We want ...

Read More »