Archive for the ‘Public Companies’ Category

This is a specific focus of a weekly MBJ edition.

Recovery on the horizon?

by Published: April 4,2010

Tags: banking and finance, publicly-traded banks

Mississippi’s publicly-traded banks haven’t done so bad in tough times Officials at Mississippi-owned banks say their institutions were not as severely impacted by the economic downturn as those across the nation due to conservative balance sheets and diversification in the markets they serve. While the banking companies did experience the effects of the recession, officials […] [...]

Callon adjustments made the difference

by Published: April 4,2010

Tags: adjustments, Callon, energy, reserves

Company restructured $200 million in debt until 2016; also recouped $45 million in royalties Two factors have helped Callon Petroleum Company remain healthy during the economic downturn: the renegotiation of long-term debt issue and the recoupment of $45 million in royalty payments. In December, the company restructured $200 million in debt issue until 2016, and […] [...]

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