by Associated Press Published: November 21,2011
Tags: bankruptcy, casinos, foreclsure, gambling, gaming, hospitality, hotels, lodging, management, meetings and conventions, mergers and acquisitions, ownership, restaurants, state government, tourism, tourists, visitors
TUNICA — The Mississippi Gaming Commission has approved a structure to allow the seamless transition and uninterrupted operations of the Resorts and Bally’s casinos in Tunica, according to Foundation Gaming Group, LLC. As previously reported, the two Mississippi casinos were part of the ACH, an Atlantic City casino. New Jersey casino regulators approved a plan [...] [...]
by MBJ Staff Published: November 17,2011
Tags: Amazon, amazon.com, american idol, Anthony Topazi, aol, aol mail, aol.com, aquarius, Associated Press, auto trader, banking and finance, Ben Stone, Best Buy, bikini, bing, Bloomberg, Boyce Adams, Brandon Presley, break ground, Brent Bailey, Businessweek, Cars, charlie sheen, Clarion Ledger, CNN, comcast.net, construction, Costco, courts, craigs list, craigslist, dailymotion, dictionary, diet, disaster, disaster recovery, dogpile, drudge report, EBay, ebay motors, ebay.com, economic development, economy, Ed Day, egotistic, employment, energy, environment, espn, expedia, Facebook, facebook login, facebook.com, federal agency, federal government, firefox, fox news, gaming, gmail, gmail.com, Google, Google Earth, google maps, google search, google.com, higher education, home depot, hospitality, hot, hotels, hotmail, hotmail sign in, hotmail.com, hulu, imdb, infospacegames.com, investing, jobs, justin bieber, Kemper County Coal plant, Kemper County IGCC Project, Keywords, kohl’s, Lady Gaga, lawsuit, Leonard Bentz, lowes, Lynn Posey, manufacturing, map quest, mapquest, maps, medication, mergers and acquisitions, Mississippi, Mississippi Business Journal, Mississippi Power Company, Mississippi Supreme Court, msn, msnbc, municipal government, netflix, NEWS, offshore drilling, oil spill, Olympic, paypal, PSC, Public Service Commission, RAND, real estate, recession, Reuters, search engines, sears, Sondra McLemore, Southwest Airlines, square feet, state agency, state government, target, tourism, transportation, U.S. Supreme Court, unemployment, USPS, utilities, Verizon Wireless, Walmart, Weather, weather channel, weather.com, weight loss, white pages, Wikipedia, www.facebook.com, www.google.com, www.yahoo.com, yahoo, yahoo mail, yahoo.com, you tube, YouTube, youtube videos, youtube.com
It was only a matter of time before Mississippi Power Company started raising the rates on its customers to pay for the $2.88 billion Kemper County coal plant. So, last week MPC filed documents with state regulators — the Public Service Commission — for a requested rate increase of 11.35 percent. The Commission has the [...] [...]
JACKSON — The law firm of Jones, Walker, Waechter, Poitevent, Carrere & Denegre, LLP, has completed the addition of lawyers from Watkins Ludlam Winter & Stennis, PA. The merger became effective effective November 5, 2011. The New Orleans law firm Jones Walker and Jackson-based Watkins Ludlam announced plans to combine firms in August after shareholders [...] [...]
CARTHAGE — Baptist Health Systems has completed the purchase of Leake Memorial Hospital/Extended Care and Clinic facilities. Baptist had been overseeing operation at the facilities since March. Baptist officials anticipate the transition of leadership will be complete sometime in January. Baptist Health Systems, based in Jackson, is the parent company of Baptist Medical Center, The [...] [...]
by MBJ Staff Published: November 4,2011
Tags: Anthony Topazi, Associated Press, banking and finance, Ben Stone, Bloomberg, Brandon Presley, Brent Bailey, Businessweek, Clarion Ledger, construction, courts, disaster, disaster recovery, economic development, economy, Ed Day, employment, energy, environment, federal agency, federal government, gaming, higher education, hospitality, investing, jobs, Kemper County Coal plant, Kemper County IGCC Project, Lady Gaga, lawsuit, Leonard Bentz, Lynn Posey, manufacturing, mergers and acquisitions, Mississippi, Mississippi Business Journal, Mississippi Power Company, Mississippi Supreme Court, municipal government, offshore drilling, oil spill, PSC, Public Service Commission, real estate, recession, Reuters, Sondra McLemore, state agency, state government, tourism, transportation, U.S. Supreme Court, unemployment, utilities
The Mississippi Supreme Court will hear arguments from the Sierra Club challenging the state Public Service Commission’s approval of the project in Kemper County by Mississippi Power Co. Mississippi Power has started construction of the $2.4 billion coal plant. Oral arguments are scheduled for Dec. 14. The suit was filed and heard in Harrison County [...] [...]
RIDGELAND — A federal judge has ruled that Sprint Nextel Corp. and a regional cellphone company can sue AT&T Inc. over its acquisition of rival T-Mobile USA. AT&T had asked U.S. District Judge Ellen Segal Huvelle to dismiss the case because Sprint and Ridgeland-based C Spire Wireless did not have the right to sue over [...] [...]
STARKVILLE — Community Bancorp will merge its banking subsidiaries, Superior Bank, N.A. and Cadence Bank, N.A., into one strong regional bank on Nov. 11 to form the new Cadence Bank, N.A. At the same time, Community Bancorp, LLC, will now be known as Cadence Bancorp, LLC. With nearly $4.1 billion in assets, the new bank [...] [...]
MADISON — All American Check Cashing has completed the merger and acquisition of Advance Finance of Dallas, Texas. Terms were not disclosed. This marks the fourth merger and acquisition for All American this year and brings the total of retail stores in Mississippi to over 33. In April of this year All American completed the [...] [...]
by MBJ Staff Published: October 27,2011
Tags: auto sales, automobile dealerships, automobiles, Cars, mergers and acquisitions, retail, SUVs, trucks, vans, vehiles
GREENVILLE — Oakes Auto Group is purchasing All Star Motors of Greenville and will continue as a General Motors dealership there. The current All-Star Motors site is located on both sides of U.S. 82 and the east side of Mississippi 1, with approximately 30 employees. “We will renovate or rebuild to make the (General Motors) [...] [...]
by MBJ Staff Published: October 26,2011
Tags: bankinf and finance, Banks, expansions, financial institutions, homeowners, homes, houses, loans, mergers and acquisitions, mortgages, real estate, residences
FLOWOOD — Magnolia State Bank has opened its new location in Flowood, and has completed the acquisition of Advantage Mortgage Corp. The new mortgage division is set to open Nov. 1 as Advantage Mortgage, A Division of Magnolia State Bank. The office is located at 437 Katherine Drive and will house seven employees. The location [...] [...]