Posts Tagged ‘Securities and Exchange Commission’

Regulators dump down payment requirement from new Qualified Mortgage rules

Federal regulators have finally given bankers something to cheer about. After sending bankers a train load of new regulations in the rule writing that followed the 2010 passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, government officials in late October lifted a down payment requirement that had been proposed as a key […] [...]

KiOR denies ex-director’s claims of problems with company’s technology

COLUMBUS — A former director of biofuel maker KiOR says he tried to warn other board members about problems with KiOR’s technology to turn wood chips into an oil substitute, claims that could damage the company’s defense in shareholder lawsuits and a Securities and Exchange Commission investigation. KiOR denies Paul O’Connor’s claims, saying he was […] [...]

Southern Co. moves startup date for Kemper County plant

KEMPER COUNTY — The Southern Co. says the expected startup date of its coal gas-fired power plant in Kemper County is being pushed back to the first half of 2015. In a regulatory filing yesterday with the Securities and Exchange Commission, the company also says the plant’s cost is expected to rise by $196 million […] [...]

KiOR borrows $25M; avoids defaulting on loan

COLUMBUS — Alternative-fuel maker KiOR Inc. has borrowed enough money to keep operating through August. The Pasadena, Texas, company, which has a $225-million plant in Columbus, had warned last month that it had to raise more money for research and plant improvements. KiOR, in a stock filing today, said it had completed a deal to […] [...]

Mild temps reduce electricity sales for TVA

KNOXVILLE, Tenn. — The Tennessee Valley Authority said a mild winter so far has reduced electricity sales by 5 percent in the first quarter of the fiscal year and will cause the utility to reconsider expenditures for the rest of the year. The utility said in a news release on Friday that its first quarterly […] [...]

ANALYSIS — Mississippi has big money invested in KiOR’s financially challenged project

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 […] [...]

The World-Changer: Steve Jobs knew what we wanted

CUPERTINO, Calif. — In dark suit and bowtie, he is a computing-era carnival barker — eyebrows bouncing, hands gesturing, smile seductive and coy and a bit annoying. It’s as if he’s on his first date with an entire generation of consumers. And, in a way, he is. It is Jan. 24, 1984, and a young […] [...]

Apple says company co-founder Steve Jobs has died

NAME: Steven Paul Jobs BORN: Feb. 24, 1955, in San Francisco DIED: Wednesday at 56. Apple announced his death without giving a specific cause. EDUCATION: Graduated from high school in 1972 and enrolled in Reed College in Portland, Oregon, but dropped out after six months. FAMILY: Wife, Laurene Powell; their three children, Reed Paul, Erin Sienna […] [...]

Mallory carrying out 3-year-old agreement to retire as Cadence Bank CEO & chairman

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 […] [...]

Renasant Files with SEC

TUPELO — Renasant Corporation has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The shelf registration statement, once the SEC declares it effective, will allow the company to raise capital from time to time, up to an aggregate of $150 million, through the sale of common or preferred […] [...]

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