Posts Tagged ‘shareholder’

BCB shareholders approve proposed merger with The First

HATTIESBURG — BCB Holding Company Inc. shareholders have approved the previously announced merger of BCB with and into The First Bancshares Inc., holding company for The First, A National Banking Association. Concurrently, BCB’s wholly-owned subsidiary, Bay Bank, an Alabama banking corporation, will be merged with and into The First, A National Banking Association. In addition, […] [...]

Hancock Fabrics’ board votes to go private

BALDWYN — Hancock Fabrics says it plans to stop being a publicly traded company, allowing executives to focus on improving its business. The Northeast Mississippi Daily Journal reports the change has been approved by the Hancock Fabrics board of directors and must be approved by shareholders in August. The company trades under the symbol HKFI, […] [...]

Regions increases dividend, authorizes repurchase program

BIRMINGHAM, Ala. — The Regions Financial Corporation (NYSE:RF) board of directors has declared a quarterly cash dividend of $0.05 per common share and authorized an equity repurchase program for up to $350 million of the company’s common stock. Both actions were previously announced on March 26 following the Federal Reserve’s indication to Regions that it […] [...]

KiOR shutting down production at Columbus plant

COLUMBUS — KiOR has halted production at its Columbus plant in December to make improvements and has no plans to resume production during the first quarter of 2014. The company operates a plant in Columbus and plans to open a larger one in Natchez. The legislature approved $75 million in interest-free loans to Kior in […] [...]

Caterpillar to hold shareholders meeting in Mississippi

CORINTH — Officials and stockholders of the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives will be heading to Mississippi this summer. Peoria, Ill.-based Caterpillar Inc. will conduct its 2014 annual meeting of stockholders June 11 beginning at 8 a.m. in Corinth. The proxy […] [...]

The First reports increase in net income

HATTIESBURG — The First Bancshares Inc. (NASDAQ: FBMS), holding company for The First, A National Banking Association, has released its earnings report for the fourth quarter and fiscal year ended Dec. 31, 2013. Net income available to common stockholders for the three months amounted to $1,392,000, or $0.27 per diluted share, compared to $1,062,000, or […] [...]

Entergy Corp. board declares quarterly dividend

NEW ORLEANS — The board of directors of Entergy Corporation has declared a quarterly dividend of 83 cents per common share. The payment date is March 3, 2014, to stockholders of record on Feb. 13, 2014. Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns […] [...]

BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders […] [...]

B&K shareholders agree to merger with Home Bancorp

NATCHEZ — Shareholders of Britton & Koontz Capital Corporation, the parent company of Britton & Koontz Bank, N.A., have approved the merger of the company with and into Home Bancorp Inc. Terms were not disclosed. W. Page Ogden, president and CEO of B&K Capital, said, “We are pleased that our shareholders have overwhelmingly approved the […] [...]

Hospital to merge with larger health care network

NATCHEZ — The shareholders of Natchez Community Hospital’s parent company voted overwhelmingly yesterday to merge with a larger health care network. While the vote means NCH will have new owners, hospital officials said it will mean very little in the way of change for the hospital. The Natchez Democrat reports shareholders with Health Management Associates […] [...]

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