by Associated Press Published: May 4,2012
Tags: banking, Banks, deposits, expansion, financial institutions, loans, money
TUPELO — Renasant Corp. is entering the banking market in east Tennessee. Renasant says the new bank should open in Maryville, Tenn., a suburb of Knoxville, by the end of May. Renasant says in a statement that this is the eighth expansion by the bank in the past year and a half. Renasant is the [...] [...]
by Associated Press Published: March 5,2012
Tags: appropriations, budget cuts, education, elementary education, funding, funds, money, school districts, schools, secondary education, students, teach, teachers, teaching
ACROSS MISSISSIPPI — Gov. Phil Bryant wants to cut funding to local public schools in grades kindergarten through 12 by 3.7 percent, an amount equal to almost $150 per student. He wants the districts to make up the reductions by tapping their reserve savings. The state’s 152 districts had more than $450 million in the [...] [...]
by Associated Press Published: March 5,2012
Tags: appropriations, budget, education, educators, elementary education, funding, funds, money, school districts, schools, secondary education, state budget, state government, students, teachers, teaching
ACROSS MISSISSIPPI — At least 18 of 152 Mississippi school districts might not have enough money to cover a cut in state funding, an Associated Press analysis finds. Those districts could be forced to borrow money, cut services or raise taxes to make up the difference. That includes districts considered poor, such as Shaw in [...] [...]
by Ricky Nobile Published: January 31,2012
Tags: bang the drum, cheat steal, duget, economic development, education, Gov. Phil Bryant, lie, money, parade, Teen pregnancy
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by Ricky Nobile Published: January 31,2012
Tags: Mississippi, Mississippi Business Journal, money, Newt Gingrich, Philip Gunn, republicans, Tea Party
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by Associated Press Published: January 27,2012
Tags: bank, banking, finance, financial institution, mergers and acquisitions, money
GULFPORT — Hancock Holding Corp. says it’s on track to spend less than previously projected to wrap up its merger with the former Whitney National Bank, with profit rising in the fourth quarter. The parent of Hancock Bank and Whitney Bank said it earned $19 million in 2011′s fourth quarter, up from $17 million in [...] [...]
by MBJ Staff Published: January 25,2012
Tags: banking, Banks, deposits, earnings, finasnce, income, loans, money, publicly traded company
JACKSON — Trustmark Corporation reports net income available to common shareholders of $106.8 million for the year ended Dec. 31, 2011, which represented diluted earnings per common share of $1.66, an increase of 5.7 percent compared to figures one year earlier. Trustmark during 2011 produced a return on average tangible common equity of 12.25 percent [...] [...]
by MBJ Staff Published: January 17,2012
Tags: banking and finance, Banks, federal government, financial insitutions, monetary policy, money
NORTH MISSISSIPPI — Federal Reserve Bank of St. Louis president James Bullard recently discussed his new research paper, titled “Death of a Theory,” with members of various financial institutions and local business leaders at the Edward Jones Annual Meeting. Bullard discussed business cycle stabilization using fiscal rather than monetary policy. The former attempts to react [...] [...]
by Nancy Anderson Published: October 9,2011
Tags: Disney World, economy, MBJ column, money, Nancy Anderson
Ninety percent of Americans say the U.S. economy stinks. A CNN online poll shows that 72 percent think we’re heading into another recession. No surprises here. We’re all walking around with a cloud hanging over us. Doom and gloom is all I hear these days. Then, I attend a conference in Orlando, Fla. You know, [...] [...]
by Nancy Anderson Published: October 2,2011
Tags: MBJ column, money, Nancy Anderson
One Sunday morning, I opened my paper to find that my bank was instituting monthly debit card fees. What!?! Don’t they make enough off us? A new law caps the charges on debit fees. This is in recognition of the change in our system of exchange. I rarely have cash in my pocket anymore. Who [...] [...]
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