Posts Tagged ‘costs’

Sanderson Farms sees sales rise, but posts loss

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 […] [...]

Utility’s earnings up, but expansion and hiring delayed

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, […] [...]

Drought shrinking ranchers’ profits; consumers to feel impact

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 […] [...]

Auditor releases annual report on costs of Legislature

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 […] [...]

Mississippi Power’s Kemper plant running $366M over budget

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 […] [...]

MDOT looking to cut costs by trimming 2,300-vehicle fleet

by Associated Press Published: May 7,2012

Tags: budget, costs, expenses, roadbuilders, roadbuilding, state agency, transportation, vehicles

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 […] [...]

New out-of-state tuition waiver goes into effect July 1

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 […] [...]

TVA revises of cost of nuclear plant construction to $4.5B

by Associated Press Published: April 8,2012

Tags: construction, costs, electricity, energy, nuclear energy, power, power generation, Power plant, utilities

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 […] [...]

Entergy Mississippi: Utility bills to decrease more than expected

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 […] [...]

PEER releases cost-per-inmate-day report

by MBJ Staff Published: January 3,2012

Tags: contracts, corrections, costs, inmates, jails, prisons, state government

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 […] [...]

Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments