by MBJ Staff Published: February 22,2013
Tags: Chicken, costs, food, loss, market, poultry, price, processor, publicly traded company, revenue, sales
LAUREL — Sanderson Farms Inc. reports net sales for the first quarter of fiscal 2013 were $595.8 million, compared with $517.8 million for the same period a year ago. For the quarter, the poultry company had a net loss of $6.9 million, or $0.31 per share, compared with a net loss of $8.0 million, or $0.36 [...] [...]
by MBJ Staff Published: January 31,2013
Tags: costs, eartnings, electricity, energy, expenses, financial statement, income, power, power generation, profit, publicly traded company, revenue, sales
ATLANTA — Southern Company reported fourth quarter 2012 earnings of $383 million, or 44 cents a share, compared with earnings of $261 million, or 30 cents a share, in the fourth quarter of 2011. Southern Company, the parent company of Mississippi Power Co., also reported full-year 2012 earnings of $2.35 billion, or $2.70 a share, [...] [...]
by MBJ Staff Published: July 25,2012
Tags: beef, cattle, corn, costs, drought, dry, feed, feed costs, food, forage, grass, hog, input costs, livestock, meat, pig, pork, price, severe weather, Weather
ACROSS MISSISSIPPI — Pictures of wilting corn in the Midwest may dominate the evening news, but the 2012 drought is also shrinking livestock’s profit potential nationwide. John Michael Riley, agricultural economist with Mississippi State University’s Extension Service, said the drought means livestock, dairy and aquaculture producers will continue to see higher feed prices. “Cattle will [...] [...]
by Associated Press Published: July 20,2012
Tags: appropriations, audit, auditing, auditor, budget, costs, law, lawmaker, legislation, legislative, Legislature, supplies
JACKSON — Just like any business or state agency, the Mississippi Legislature needs supplies, staff and equipment to operate. Lawmakers need coffee to jump-start the day. From April 12, 2011 to May 3 of this year, it took $22,056 of coffee and $13,406 of bottled water to wet the whistles of legislators, staff members and [...] [...]
by Associated Press Published: June 13,2012
Tags: budget, coal, construction, construction coasts, costs, diistribution, electric generation, electricity, energy, power
KEMPER COUNTY — As the Mississippi Business Journal’s Clay Chandler reported last week, Mississippi Power Company has told regulators the power plant it is building in Kemper County is $366 million over budget. The overrun would push the total cost of the coal-fired power plant being built by the unit of Atlanta-based Southern Co. to [...] [...]
JACKSON — The Mississippi Department of Transportation is working to reduce its fleet of vehicles by 10 percent over the next five years, according to transportation commissioner Mike Tagert. Tagert, who represents the northern district, says MDOT has a fleet of 2,300 vehicles. He says any reduction would not affect 300 emergency vehicles. The Daily [...] [...]
by Associated Press Published: April 10,2012
Tags: bill, colleges, costs, education, executive, governor, higher education, law, legislation, legislative, legislators, Legislature, out of state, state government, state law, tuition, universities
JACKSON — The flexibility of a new law that will allow universities to waive out of state tuition will let each school structure a plan conducive to its needs, according to high education leaders. Higher Education Commissioner Hank Bounds tells the Clarion-Ledger the law will particularly help Delta State University in Cleveland and Mississippi University [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority says the revised total cost to complete Unit 2 at Watts Bar Nuclear Plant in Spring City, Tenn., is up to $4.5 billion. The earlier estimate in 2007 had been $2.49 billion. The federal utility, in a statement yesterday, blamed the increase on poor previous estimates and that [...] [...]
by MBJ Staff Published: March 30,2012
Tags: costs, electricity, fuel costs, natural gas, power, prices, ratepayers, rates, utility, utility bills
JACKSON — Customers of Entergy Mississippi Inc. will see their rates drop more than previously announced through April, May and June, according to the utility. Haley Fisackerly, president and CEO for Entergy Mississippi, said, “With a continuation of low natural gas prices combined by efficient operations of our system by our employees we are able [...] [...]
JACKSON — During its 1994 special session, the Legislature passed Senate Bill 2005 (now codified as MISS. CODE ANN. Section 47-5-1201 et seq. [1972]) to address short- and long-term bed capacity within the state’s correctional system. The bill created the State Prison Emergency Construction and Management Board to expedite the contracting and construction of proposed [...] [...]
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