by Associated Press Published: July 30,2012
Tags: Chicken, dairy, egg, executive, food, food processing, food processor, income, manufacture, manufacturer, manufacturing, poultry, profits, publicly traded compasny, revenues, sales, senior managment
JACKSON — Egg producer Cal-Maine Foods says its net income grew more than five-fold in its fiscal fourth quarter as it produced and sold more eggs in the period on stronger consumer demand and got a lift from a one-time gain related to a joint venture. Cal-Maine said its average selling price rose 9.7 percent [...] [...]
by Associated Press Published: June 14,2012
Tags: appropriations, budget, colleges, education, higher education, layoff, recession, revenues, Staff, state budget, tax collections, unemployment, universities
ITTA BENA — Mississippi Valley State University is laying off about 4 percent of its staff as a response to continued state budget cuts. Spokeswoman TaRessa Stoval tells The Greenwood Commonwealth the 21 employees being laid off include clerical personnel, service personnel and mid-level managers. The cuts take effect June 30. She says the affected [...] [...]
by Associated Press Published: June 12,2012
Tags: appropriations, bonds, debt, education, elementary schools, funding, funds, high schools, junior high schools, kindergartens, learning, municipal govertnment, revenues, school districts, schools, secondary schools, students, tax collections, taxes, taxpayers
JACKSON — Jackson residents will soon pay more in taxes supporting the city’s school district. When 81 percent of voters in 2006 approved a $150 million bond issue to build more schools and improve others, it meant they were willing to have property taxes raised to pay that debt. But city leaders didn’t raise taxes [...] [...]
by MBJ Staff Published: June 11,2012
Tags: decor, earnings, fabric, fabrics, home, homemaker, homemaking, losses, profits, publicly traded company, retail, retailers, revenues, sales, sewing
BALDWYN — Hancock Fabrics Inc., for its first quarter ended April 28, reports an operating loss of $1.2 million, compared to a $1.0 million loss in the first quarter of last year. The net loss was $2.4 million, or $0.12 per basic share, compared to a net loss of $2.2 million, or $0.11 per basic [...] [...]
by Associated Press Published: June 7,2012
Tags: appropriations, budget, lawmakers, legislators, Legislature, revenues, state agencies, state budget, state government, tax collections, taxes
ACROSS MISSISSIPPI — Mississippi tax collections are up, but lawmakers say state agencies still might face budget cuts during the 2013 session. Because of a sluggish economy, Mississippi still hasn’t recovered from the Great Recession. Tax collections remain below where they were during the fiscal year that ended June 30, 2008. The Northeast Mississippi Daily [...] [...]
MADISON — Phosphate Holdings Inc. (PHI) reported a first quarter 2012 net loss of $1.1 million, compared to net income of $16,000 for the same period in 2011. The company incurred an operating loss of $1.9 million for the first quarter of 2012, compared to operating income of $53,000 for the prior-year period. Earnings before [...] [...]
by Associated Press Published: May 25,2012
Tags: casinos, Conventions, entertainment, food, gambling, gaming, hospitality, hotels, lodging, meetings, nightlife, restaurants, revenues, tourism, tourists, visitors, winnings
ACROSS MISSISSIPPI — Revenue for Mississippi Coast casinos was up in April, but the take at river casinos dropped, depressing the overall revenue at the state’s gambling halls. The state’s casinos won 1.2 percent less money, with revenues falling to $187 million last month from $189.3 million in April 2011. Casinos in the Gulf Coast [...] [...]
by Associated Press Published: May 1,2012
Tags: appropriations, executive, governor, legislation, legislators, Legislature, revenues, state government, tax collections, taxes
JACKSON — Mississippi lawmakers have completed their part of the state budget process, passing a final batch of appropriations bills. The overall $5.6 billion budget is for fiscal 2013, which begins July 1. The House and Senate yesterday passed bills giving funds to the Mississippi Development Authority, the Department of Finance and Administration, and the [...] [...]
by Associated Press Published: April 27,2012
Tags: appropriations, bills, budget, lawmakers, laws, legislation, legislative, legislators, Legislature, revenues, state government, tex collections
JACKSON — Negotiators at the Mississippi Capitol say they’re close to agreeing on a $5.6 billion state budget for the year that begins July 1. House and Senate leaders were trying to work out some final details at midday today, and they were hoping to file final budget proposals by this evening. That would be [...] [...]
by Associated Press Published: March 28,2012
Tags: appropriations, budget, economy, executive, governor, recession, revenues, spending, state government, tax collections, taxes
JACKSON — Gov. Phil Bryant is revising his state budget for the year that begins July 1. In his new plan, released yesterday, the Republican no longer asks local school districts to dig into their own financial reserves to offset state funding cuts. Instead, he proposes giving elementary and secondary schools, community colleges and universities [...] [...]