Posts Tagged ‘Arkansas’

Turner Grain’s transition will help consolidate lawsuits alleging breach of contract

by Published: October 23,2014

Tags: Arkansas, Business, grain, Mississippi, Mississippi Delta

A group of Mississippi Delta farmers will be joining their counterparts in Arkansas and Louisiana in seeking to recoup millions of dollars Turner Grain Merchandising owes them once the Brinkley, Arkansas, commodities broker follows through with a planned Chapter 11 bankruptcy. Greenville lawyer Scott Phillips, who represents Leland farmer Harper Ross and five other Delta farmers […] [...]

Southern Bancorp to acquire Bank of Bolivar County

by Published: August 19,2014

Tags: Arkansas, banking, Business, finance, Mississippi

Southern Bancorp, Inc. (“Southern”), a rural-focused Community Development Financial Institution (“CDFI”) and holding company for Southern Bancorp Bank, today announced it had signed an agreement to acquire the Bank of Bolivar County, which operates two branches in the Mississippi communities of Shelby and Mound Bayou. Southern currently operates a branch in Shelby, but Mound Bayou will […] [...]

Mississippi River Marathon hopes for growth in second year

The organizers of the Mississippi River Marathon in Greenville and Lake Village, Ark., are hoping to build on last February’s success. This was the first year for the marathon and half-marathon, which starts in Lake Village and ends in Greenville, but it still managed to attract more than 1,300 participants from 37 states and three […] [...]

Florida, Arkansas looking at hybrid approaches to Medicaid expansion

by Published: March 15,2013

Tags: Affordable Care Act, Arkansas, Florida, Medicaid expansion

As deadlines near for state legislatures to either accept or reject the Obama administration’s offer of billions of dollars to expand Medicaid, the governors of Arkansas and Florida are working to convince their legislatures to accept alternatives routes to expansion. Florida Republican Gov. Rick Scott and Democratic Gov. Mike Beebe of Arkansas have presented their […] [...]

Businessman promising $1.1B steel plant in Arkansas fails to deliver Mississippi projects

John D. Correnti, the businessman Arkansas is counting on to deliver “the largest economic development project in the state’s history,” a proposed $1.1-billion steel mill in Mississippi County in Northeast Arkansas, has recently failed to deliver on promises for big projects in Mississippi. Recently, Arkansas Gov. Mike Beebe announced that Correnti’s Big River Steel, LLC, […] [...]

MBJ ANALYSIS: Businessman promising $1.1 billion steel plant in Arkansas has failed to deliver on big projects announced in Mississippi

John D. Correnti, the businessman Arkansas is counting on to deliver “the largest economic development project in the state’s history,” a proposed $1.1 billion steel mill in Mississippi County in northeast Arkansas, has recently failed to deliver on promises for big projects in Mississippi. Tuesday Arkansas Gov. Mike Beebe announced that Correnti’s Big River Steel […] [...]

James Rollins new CEO at BancorpSouth

TUPELO — James D. Rollins III has been named chief executive officer of BancorpSouth Inc., a financial holding company headquartered in Tupelo. Rollins will succeed Aubrey B. Patterson, BancorpSouth’s current CEO, on Tuesday. The 53-year-old Rollins has served as president and chief operating officer at Prosperity Bancshares, Inc., headquartered in Houston, Texas, since April 2006. […] [...]

Global warming? Half of all U.S. counties now considered disaster areas because of drought

ST. LOUIS  — Nearly 220 counties in a dozen drought-stricken states were added Wednesday to the U.S. government’s list of natural disaster areas as the nation’s agriculture chief unveiled new help for frustrated, cash-strapped farmers and ranchers grappling with extreme dryness and heat. The U.S. Department of Agriculture’s addition of the 218 counties means that […] [...]

Entergy net income rises on hurricane tax ruling

NEW YORK — Entergy Corp.’s net income rose 16 percent in the second quarter after the power company received favorable tax terms on financing costs for fixing damage to lines and equipment caused by hurricanes Katrina and Rita. The increase also reflected stronger sales to Entergy’s utility customers. The New Orleans-based company reported Tuesday that […] [...]

New faces in new places leave fate of inventory tax reform unclear

New legislative leadership does not necessarily guarantee easy victory for an old fight over inventory taxes. That’s something on which parties from both sides of the issue agree. Mississippi is one of nine states that still impose an inventory tax on its businesses. Arkansas is the only bordering state to still impose it, and Georgia […] [...]

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