Archive for the ‘BANKING & FINANCE – Market Sector’ Category

Watkins says JRA out to block him from Farish by repaying HUD $1.5M

Former Farish Street developer David Watkins says he suspects bad faith motives are behind the Jackson Redevelopment Authority’s agreement to cover a $1.5 million repayment the U.S. Department of Housing and Urban Development has demanded from the City of Jackson. Watkins says the motive is clear to him:  Paying HUD could clear the way for […] [...]

Renasant records highest quarterly earnings in 110-year history

TUPELO — Renasant Corporation saw net income for the third quarter of 2014 increase to $15,535,000, or basic and diluted earnings per share (EPS) of $0.49, as compared to $6,637,000, or basic and diluted EPS of $0.24, for the third quarter of 2013. The company’s balance sheet and results of operations as of and for […] [...]

BancorpSouth’s efforts focused on remediating regulatory concerns

TUPELO — BancorpSouth Inc. saw its net income rise more than 15 percent to $28.8 million in the third quarter, as loans and insurance commission revenue increased. The company reports noninterest revenue was $69.3 million, up from $62.5 million for the year-ago period. Insurance commission revenue played a large role, rising from $23.8 million to […] [...]

Community Bank welcomes Shane’ E. Dubois

by Published: October 20,2014

Tags: Community Bank, Shane’ E. Dubois

Shane’ E. Dubois has joined Community Bank in the Flowood office as a vice president. Dubois was previously employed at another local bank as a vice president and branch manager with over 19 years of experience. Dubois, a Jackson native, resides in Rankin County with her husband, Flowood native Dan Dubois, and their two children, […] [...]

Stacy Thompson chosen by Regions

by Published: October 20,2014

Tags: Cowan Road Branch in Gulfport, Regions Bank, Stacy Thompson

Regions Bank has appointed Stacy Thompson as assistant vice president and manager of the bank’s Cowan Road Branch in Gulfport. A native of Petal, Thompson has more than 15 years of banking industry experience. She most recently served as a branch manager for BancorpSouth in Hattiesburg. Thompson earned her business marketing degree from California Coast […] [...]

MISSISSIPPI RISING: Time to sell the image

by Jack Weatherly A Harvard professor said long ago: “Nothing happens until somebody sells something.”That was pretty profound, still is.Here’s something else pretty profound. Mississippi State is No. 1 and Ole Miss is No. 3 in college football. State has never been in that position. Ole Miss has been at the top of the heap a […] [...]

Dak Prescott’s autograph fetches a pretty penny

Mississippi State star Dak Prescott says he is taking steps to avoid being the next college football star to be accused of exchanging autographs for cash. “I’ve started just personalizing things — making sure I write to the person that they’re asking for. And I don’t sign things in bundles — just being a lot […] [...]

Grant rejection grounds prospects for Jackson-Orlando service

by Published: October 16,2014

Tags: airport, Business, Mississippi, NEWS, transportation

Federal transportation officials have dashed for the time being hopes for a restart of direct air service from Jackson Medgar Wiley Evers International Airport to Orlando, Florida. The U.S. Department of Transportation left Jackson off a recent list of winners of Small Community Air Service Development Program grants, according to Jackson Municipal Airport Authority spokesman […] [...]

Kellogg Foundation commits $2.3 million to Civil Rights Museum

by Published: October 14,2014

Tags: Business, charity, Civil rights museum, JACKSON, Mississippi, Museum

The Mississippi Civil Rights Museum Tuesday received a commitment from the W.K. Kellogg Foundation for a $2.3 million endowment. The endowment will go toward the Mississippi Department of Archives and History’s development of educational programs for the Civil Rights Museum. The $2.3 million will fund a partnership between Mississippi Department of Archives and History, the […] [...]

Charlie Lewis and Jim Outlaw get new roles at Trustmark

by Published: October 10,2014

Tags: Charlie H. Lewis, James M. (Jim) Outlaw Jr., Trustmark Bank

Charlie H. Lewis has been named community bank president for Trustmark Bank’s Hattiesburg market.  Lewis has more than 21 years of experience in the financial industry and has served as community bank president in Trustmark’s McComb market for the past 11 years. Lewis earned a bachelor of business administration degree in finance from the University […] [...]

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