by Ted Carter Published: March 12,2012
Tags: Cadence Bancorp, Encore Bancshares Inc., Houston Texas, Mark Abernathy, Mississippi, Mississippi Business Journal, NASDAQ, NASDAQ: EBTX, Paul B. Murphy Jr., Starkville Mississippi
Birmingham’s Cadence Bancorp, formerly headquartered in Starkville, has signed a definitive agreement to buy Houston-based Encore Bancshares, Inc. (NASDAQ: EBTX) in an all-cash transaction of $20.62 per share. Under the deal, Cadence would pay approximately $250 million for the approximately 12.1 million outstanding shares of Encore, a $1.6 billion banking company with 12 locations in [...] [...]

by Amy McCullough Published: February 3,2012
Tags: Alberta Investment Management Corporation, Artis Capital Management, Biofuels Digest, CNBC, Columbus Mississippi, Fred Cannon, Frontier Capital Management Company, Gov. Haley Barbour, KIOR, Mississippi, Mississippi Business Journal, Mississippi Development Authority, Mississippi Technology Alliance, NASDAQ, Newton County, Pointe Innovation, Securities and Exchange Commission, Strategic Biomass Solutions, Sumesh Arora, Texas, Vinod Khosla, William Blair & Company
The eyes of the international renewable-fuels community are fixed on KiOR (NASDAQ:KIOR), a Texas-based company in which Mississippi has a large stake — specifically a $75 million interest-free loan administered by the Mississippi Development Authority. KiOR plans to build five plants in Mississippi that should convert wood chips to renewable crude through a process called [...] [...]
by MBJ Staff Published: December 18,2011
Tags: Andrews Kurth, debt securities, energy transportation, Houston Texas, investment banking, IPO, Jon W. Daly, MERGERS & ACQUISITIONS, NASDAQ, New York Stock Exchange, private equity, public offering
Andrews Kurth, LLP, announced the election of Jon W. Daly in its Houston, Texas, office to the partnership. Daly’s principal area of practice is corporate and securities law with an emphasis on mergers and acquisitions and the representation of issuers and investment banks in connection with public and private offerings of equity and debt securities. [...] [...]
by Associated Press Published: August 18,2011
Tags: 10-year Treasury, Ali Velshi, Asia, BTIG, CBS Evening News, Cincinnati, CNN, Dan Greenhaus, David Kelly, dow jones, Europe, Gold, Goldline Research, Japan, JPMorgan Funds, Lee Applegate, Morgan Stanley, NASDAQ, Nikkei, Wall Street, Wall Street Journal
NEW YORK — Just when Wall Street seemed to have settled down, a barrage of bad economic reports collided with fresh worries about European banks Thursday and triggered a global sell-off in stocks. The Dow Jones industrial average fell 419 points — a return to the wild swings that gripped the stock market last week. [...] [...]

UPDATE ….. Stocks are moving between small gains and losses Friday, giving up an early rally after the government reported that hiring picked up in July. European leaders are calling emergency meetings and seeking to reassure markets that a large nation such as Italy or Spain won’t become the latest country in the region to [...] [...]
by Ted Carter Published: February 18,2011
Tags: Alabama, CADE, Cadence Bank, Cadence Financial Corp., Community Bancorp, Florida, Georgia, Jon Boydstun, Lewis Mallory Jr., Mark Abernathy, NASDAQ, Paul B. Murphy Jr., Securities and Exchange Commission, Tennessee
By Ted Carter The early March closing of an acquisition by Houston banking investment company Community Bancorp LLC will mark the end of Cadence Financial Corp. Chairman & CEO Lewis Mallory Jr.’s 47 years with the Starkville-based regional bank. Mark Abernathy, Cadence’s president, is expected to be elected CEO and Paul B. Murphy Jr., Community [...] [...]