Mississippi Business Journal » loss

Hancock sees greatly improved numbers, but still posts losses

MBJ Staff — Mon, 29 Apr 2013 12:25:05 +0000

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 [...]

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Entergy Corporation gives earnings guidance

MBJ Staff — Thu, 18 Apr 2013 12:38:26 +0000

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 [...]

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KiOR makes first shipment, reports loss

MBJ Staff — Tue, 19 Mar 2013 12:21:50 +0000

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 [...]

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Sanderson Farms sees sales rise, but posts loss

MBJ Staff — Fri, 22 Feb 2013 14:23:52 +0000

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 [...]

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SBA offering two emergency programs to storm victims

MBJ Staff — Mon, 18 Feb 2013 15:55:56 +0000

SOUTH MISSISSIPPI — U.S. Small Business Administration assistance is now available after the Presidential disaster declaration due to severe storms, tornadoes and flooding that began Feb. 10 in South Mississippi. The disaster declaration covers Forrest and Lamar counties in Mississippi, which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small [...]

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Deadline approaching for drought-related SBA loans

MBJ Staff — Fri, 08 Feb 2013 16:25:09 +0000

SOUTH MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that March 12 is the filing deadline for federal economic injury disaster loans available in Mississippi as a result of the drought that began Jan. 3, 2012. [...]

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Sales flat, net income down at TVA during first quarter

MBJ Staff — Tue, 05 Feb 2013 15:26:34 +0000

NORTH MISSISSIPPI — The Tennessee Valley Authority reported electricity sales were relatively flat in the first quarter of fiscal year 2013, total revenues were consistent with the prior year and net income was down. Higher off-system sales as a result of excess generation and closer to normal temperatures for the period, compared with even warmer weather a year ago, [...]

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Citizens reports decreased net income for quarter, year

MBJ Staff — Thu, 24 Jan 2013 13:38:10 +0000

PHILADELPHIA — Citizens Holding Company has released the results of operations for the quarter and year ended Dec. 31, 2012. Net income for the quarter was $1.740 million or $0.36 per share-basic and diluted, down from $1.786 million, or $0.37 per share-basic and diluted for the same quarter in 2011. Net interest income for the [...]

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BP oil spill damage claims exceed $1B

Associated Press — Thu, 10 Jan 2013 13:46:22 +0000

ACROSS MISSISSIPPI — Businesses and individuals who claim BP’s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class-action settlement with a team of private plaintiffs’ attorneys, court-supervised claims administrator Patrick Juneau said. Juneau said the payments reached the $1-billion mark before the end [...]

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SBA offering loans to victims of Christmas Day storms

MBJ Staff — Mon, 07 Jan 2013 13:29:04 +0000

SOUTH MISSISSIPPI — Residents and businesses in Mississippi affected by severe storms and tornadoes on Dec. 25 can apply for low-interest disaster loans from the U.S. Small Business Administration. The declaration covers Pearl River County and the adjacent counties of Forrest, Hancock, Harrison, Lamar, Marion and Stone. The SBA is opening an outreach center in [...]

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