by MBJ Staff Published: March 26,2012
Tags: earnings, eggs, food, input costs, manufacturer, manufascturing, profits, publicly traded company, revenues, sales
JACKSON — Cal-Maine Foods Inc., the egg seller and distributor, said today that its fiscal third-quarter profit tumbled 22 percent, weighed down by rising feed costs. President and CEO Dolph Baker said in a statement that the company expects feed costs will remain very high and volatile throughout the summer due to tight supplies of [...] [...]
by Associated Press Published: March 22,2012
Tags: casinos, Conventions, gambling, gaming, hospitality, hotels, lodging, meetings, restaurants, revenues, tourism, tourists, vacations, visitors, winnings
ACROSS MISSISSIPPI — February winnings for Mississippi’s casinos rose 2.6 percent from a year ago, only the second time in the last year that revenues have improved at the state’s 30 gambling halls. The month was aided by the leap year’s extra day, as well as Mardi Gras occurring in the month. In 2011, Mardi [...] [...]
by Associated Press Published: March 21,2012
Tags: appropriations, bill, budget, law, lawmakers, legislation, legislative, Legislature, revenues, state government, tax collections, taxes
JACKSON — Citing better-than-expected tax collections in recent months, Mississippi lawmakers are increasing the pool of money available for the state to spend during the current and coming budget years. The Joint Legislative Budget Committee voted yesterday to add about $99 million to the budget for the current year, which ends June 30, and about [...] [...]
by Associated Press Published: March 20,2012
Tags: appropriations, bills, collections, lawmakers, laws, legislative, Legislature, revenues, state budget, state government, taxes, taxpayers
JACKSON — Top Mississippi lawmakers say that because of relatively robust tax collections, they may increase the estimate of how much money the state can spend during the coming fiscal year. Yet Republican Lt. Gov. Tate Reeves said yesterday that even if the revenue estimate increases, state agencies shouldn’t expect their spending to rise. So [...] [...]
NATCHEZ — For the year ended Dec. 31, 2011, Callon Petroleum reported net income of $104.1 million or $2.70 per fully diluted share, as compared to $8.4 million or $0.28 per share for the year ended December 31, 2010. Included in net income is an income tax benefit of $67 million, primarily related to the [...] [...]
by MBJ Staff Published: February 28,2012
Tags: agriculture, chickens, earnings, feed, food, food processing, food processor, investing, investment, investors, loss, manufacturer, manufacturing, market prices, poultry, profit, publicly traded company, revenues, sales
LAUREL — Sanderson Farms Inc., for the first fiscal quarter ended Jan. 31, saw net sales of $517.8 million compared with $427.7 million for the same period a year ago. For the quarter, the poultry company had a net loss of $8.0 million, or $0.36 per share, compared with a net loss of $33.6 million, or [...] [...]
by MBJ Staff Published: February 27,2012
Tags: attractions, economic impact, hospitality, hotels, lodging, motels, museums, parks, restaurants, revenues, sales taxes, taxes, tourism, tourists, visitors
ACROSS MISSISSIPPI — Tourism in Mississippi generated expenditures of $5.97 billion from 20.8 million visitors in fiscal year 2011 (July 2010-July 2011), according to figures released by the Tourism division of the Mississippi Development Authority. During that same period, tourism contributed $438.4 million to the state’s tax coffers. These and other figures are available in [...] [...]
by Associated Press Published: February 22,2012
Tags: casinos, Conventions, entertainment, gambling, gaming, hospitality, hotels, lodging, meetings, retaurants, revenues, tourism, tourists, visitors
ACROSS MISSISSIPPI — Revenue figures show the new year got off to a slower-than-average start for Mississippi casinos. January’s $87.8 million revenue at the 11 coast casinos was down $10 million from a year ago, according to Mississippi Department of Revenue figures. The decline was about $3 million at the 19 riverside casinos, to $89.2 [...] [...]
JACKSON — An encouraging sign for the city of Jackson’s economy is the $256,000 rise in sales taxes in the last quarter over the same period in 2010. The numbers primarily reflect a strong holiday season for retailers, but business leaders said they’re cautiously optimistic that gains could continue into this year. “Across the retail [...] [...]
by Associated Press Published: January 24,2012
Tags: casinos, Conventions, gambling, gaming, hospitality, hotels, lodging, meetings, revenues, rstaurants, tourism, tourists, visitors, winnings
ACROSS MISSISSIPPI — Mississippi casinos won more money from gamblers in December, the only month in 2011 that gaming revenues were higher than in 2010. For the year, gamblers lost $2.24 billion in the state’s casinos, down 6.3 percent from 2010 and the lowest amount since 1998. The take at Gulf Coast casinos dropped only [...] [...]
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