Posts Tagged ‘finance’

Investors in Northbrook complex say Ridgeland targeting its own collateral for demolition

Investors who bought $7.9 million in bonds the City of Ridgeland issued to fix up the Northbrook apartment complex say they face the prospect Ridgeland will force demolition of the very buildings the City used to secure the debt. The investors, CAP IV Ridgeland LLC, hope a pledge they say the City made not to […] [...]

IKE TROTTER: lt’s time to get a handle on your budget

by Published: January 20,2015

Tags: banking, Business, finance, Greenville, Ike Trotter, Mississippi, NEWS

Do you often wonder about where your money goes each month? Does it seem like you’re never able to get ahead? If so, you may want to establish a budget to help you keep track of how you spend your money and help you reach your financial goals. Here’s a few first of the year […] [...]

U.S. Treasury Department awards Mississippi more than $4.4 million in state small business credit initiative funds

The U.S. Treasury Department has awarded Mississippi more than $4.4 million in State Small Business Credit Initiative funds, which will be disbursed by the Mississippi Development Authority. The funds will assist the state’s small businesses with accessing the capital needed to grow and create jobs. To date, more than $13 million in SSBCI funds have […] [...]

MURRAY HARBER: Business leaders discuss employer health, health care reform

E mployer health costs continue to rise year after year causing it to be larger line item and concern as the costs are affecting the bottom line. Health systems and providers are also seeing increase costs due to medical inflation and the requirement of the Patient Protection & Affordable Care Act (PPACA). All players in […] [...]

Analysts hail BancorpSouth stock buyback as ‘handsome’ reward for shareholders

by Published: December 18,2014

Tags: banking, Business, finance, Mississippi, NEWS, Tupelo

The board  of BancorpSouth’s Dec. 11 authorization of a buy-back program of up to 5.7 million shares of common stock pushed up the Tupelo banking company’s share price 0.5  percent by the middle of this week. The move also won praise from analysts who see the buyback as an attractive reward to shareholders. The repurchase […] [...]

Wesley Health Systems Federal Credit Union to merge with Keesler Federal Credit Union

by Published: December 16,2014

Tags: banking, BILOXI, Business, finance, Gulf Coast, Mississippi, NEWS

BILOXI –  Wesley Health Systems Federal Credit Union, located in Hattiesburg, will merge with Keesler Federal Credit Union on Feb. 28, 2015.  First chartered in 1968 to serve employees of the former Methodist Hospital, Wesley FCU now serves all of Forrest County and select employee groups in Forrest, Lamar and Marion Counties. Wesley FCU will […] [...]

Renasant of Mississippi buying Ga. bank in $258M deal

by Published: December 11,2014

Tags: banking, Business, finance, Mississippi, NEWS, Renasant

JACKSON — Mississippi-based regional bank Renasant Corp. said Wednesday that it will acquire Georgia-based Heritage Financial Group, the parent of HeritageBank of the South for $258 million in stock. The merger will move Renasant, based in Tupelo, into southern Georgia and northern Florida for the first time and slightly bolster the bank’s position in the […] [...]

MARK BLACKWELL — Smart year-end financial moves

by Published: December 4,2014

Tags: banking, Business, finance, Mark Blackwell, Mississippi, NEWS

A s we approach 2015, now is an ideal time to consider ways to maximize year-end opportunities for your finances.  I have listed below a few specific ideas you may want to consider.  Since some take a little time to implement, it is important to not wait too long to act.  Also, please keep in […] [...]

SPEED BANKING — Mobile deposits gaining popularity among customers, banks

by Published: December 4,2014

Tags: banking, Business, finance, Mississippi, NEWS, PriorityOne, Susan Herrington

You already use your smartphone camera to take snaps of the kids, the cat and dinner at a fancy restaurant. Now, more people are taking photos of checks that they want to deposit into their bank account instead of having to go to the bank to do it. The mobile deposit service also is gaining […] [...]

WHICH WAY IS UP? High stock market values are at odds with nation’s lackluster economy

During the stock market crash of 2008-2009, Dow Jones investors lost on average half the value of their investments. But those who stuck with it have since seen stocks rebound about 270 percent since then. “With the exception of the 17 percent decline in the summer of 2011, volatility has been very mild,” said Stacy […] [...]

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