Posts Tagged ‘loss’

TVA loses $67M in first quarter of 2014

KNOXVILLE, Tenn. ― The Tennessee Valley Authority reports that operating expenses declined and its bottom line results improved in the first quarter of fiscal year 2014 compared with the same quarter a year ago. “Our efforts to keep rates low and reliability high for our customers by working more efficiently helped to offset lower sales […] [...]

Hancock Fabrics reports improved performance

by MBJ Staff Published: December 11,2013

Tags: Hancock Fabrics, loss, operating income, profit, retail, sales, Steve Morgan

BALDWYN — Hancock Fabrics Inc. has released financial results for its third quarter ended Oct. 26 and first 39 weeks of fiscal 2013. Financial results for the third quarter include: • Comparable store sales increased by 1.1 percent following a 2.3 percent increase in the third quarter of 2012. Net sales were virtually flat at […] [...]

Hospital system expects millions in losses from federal cuts

HATTIESBURG — The Forrest Health hospital system is expecting its first red ink since 2007. The projected $2.5 million loss for fiscal 2014 is from federal cuts, including payments for uninsured patients, CEO Evan Dillard told The Hattiesburg American. Forrest General alone is expected to lose $3.7 in such “disproportionate share” payments, he said in […] [...]

Hospital continues to operate in black after big losses

by Associated Press Published: September 7,2013

Tags: health, health care, hospital, Lonnie Graeber, loss, medical, medicine, Neshoba Democrat, profit, public health

PHILADELPHIA — Neshoba County General Hospital and Nursing Home generated a profit of $3.5 million profit during fiscal 2012 after a $213,575 profit the previous year, according to audited financial statements. The Neshoba Democrat reports the hospital had a loss of $1.9 million in 2010. Hospital administrator Lonnie Graeber said overall expenses were reduced by […] [...]

First M&F slashes quarterly net income by nearly $2M

KOSCIUSKO — First M&F Corp. has revised net income for the quarter ended June 30, 2013 to $222,000 from $2.205 million reported in the July 19 earnings announcement. Earnings per share after preferred stock dividends were revised to a loss of $.03 basic and diluted per share from the previously reported net profit of $.18 […] [...]

Entergy’s earnings plummet, utility will cut 800 jobs

by Associated Press Published: July 30,2013

Tags: electricity, employee, energy, Entergy Corp., layoff, loss, publicly traded company, utility, worker

NEW ORLEANS — Entergy Corp. said its second-quarter net income dropped 55 percent, weighed down by higher expenses and absent a favorable tax ruling received during the prior-year period. The New Orleans-based utility also said today that it is cutting about 800 jobs, or about 5 percent of its workforce of 15,000. It says that […] [...]

Hancock sees greatly improved numbers, but still posts losses

by MBJ Staff Published: April 29,2013

Tags: cloth, earnings, fabric, loss, retail, retailer, retailing, revenue, sales, sew, shop, shopper, shopping, store

BALDWYN — Hancock Fabrics Inc. is reporting improved financial results for its fourth quarter ended Jan. 26 and full fifty-two weeks of fiscal 2012. For the quarter, net sales increased to $81.7 million, compared to $81.4 million for the fourth quarter of last year. Comparable store sales for the quarter increased 1.4 percent on top […] [...]

Entergy Corporation gives earnings guidance

by MBJ Staff Published: April 18,2013

Tags: earnings, electricity, energy, guidance, lights, loss, power, public company, publicly traded company, utility

NEW ORLEANS — Entergy Corporation expects first quarter 2013 as-reported earnings of approximately $0.89 per share and operational earnings of approximately $0.93 per share. Results for first quarter 2012 were a loss of $0.86 per share on an as-reported basis and earnings of $0.44 per share on an operational basis. Entergy also affirmed previously issued […] [...]

KiOR makes first shipment, reports loss

COLUMBUS — Texas-based KiOR Inc. has reached a milestone with the first shipments of cellulostic diesel from its biofuels production facility in Lowndes County. KiOR president and CEO Fred Cannon says in a statement that the company will focus on achieving “steady state operations” in Columbus. He says KiOR expects to produce between 3 million […] [...]

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 […] [...]

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