Posts Tagged ‘stock market’

WHICH WAY IS UP? High stock market values are at odds with nation’s lackluster economy

During the stock market crash of 2008-2009, Dow Jones investors lost on average half the value of their investments. But those who stuck with it have since seen stocks rebound about 270 percent since then. “With the exception of the 17 percent decline in the summer of 2011, volatility has been very mild,” said Stacy […] [...]

Actuaries: Improving stock market boosts PERS’ results

JACKSON — With stock market gains replacing steep losses in the accounting ledger, Mississippi’s main public employee pension fund posted stronger results last year. Actuaries reported yesterday to the board of the Public Employees Retirement System that the funding percentage — the share of future obligations covered by current assets — rose to 61 percent […] [...]

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, […] [...]

Entergy releases first web-based, integrated report

NEW ORLEANS — Entergy Corporation has released its 2013 online integrated report, combining material previously presented in the company’s annual report to shareholders and its annual sustainability report. “Producing one integrated report reinforces our belief that our stakeholders — owners, customers, employees and communities — are inextricably linked and that we must deliver sustainable value […] [...]

TVA’s pension fund shortfall affecting ratepayers

NORTH MISSISSIPPI — A shortfall in the Tennessee Valley Authority’s pension fund is affecting electric ratepayers. The Chattanooga (Tenn.) Times Free Press reports TVA has added nearly $1.3 billion from customers to the find since 2008 when investment markets tanked. However, the federal utility didn’t add any money to the fund in 2012. CFO John […] [...]

Motley Fool Writer LouAnn Lofton Q&A

JACKSON- LouAnn Lofton, Motley Fool writer and author of “Warren Buffett Invests Like A Girl” joins MBJ-TV via Skype Video to talk about her book. Part 1: Lofton talks about her personal and professional inspiration for the book as well as Warren Buffett’s reaction to the 2008 economic recession. Part 2: Lofton outlines her book’s […] [...]

Callon completes public offering, nets $65.7M

NATCHEZ — Callon Petroleum Company has closed its previously announced public offering of nine million shares of its common stock at a price to the public of $7.75 per share. Callon also granted the underwriters a 30-day option to purchase up to an additional 1.35 million common shares on the same terms and conditions to […] [...]

More of the same from market

The trend will continue to be no trend for the foreseeable future With the economy showing signs of recovery, many people are wondering what the stock market will do in 2011. “In our view, the economy should continue on a slowly improving path in 2011, although high unemployment and weak housing are likely to remain […] [...]

Stocks climb after Citigroup tops forecasts

by Published: October 18,2010

Tags: Citigroup, dow jones, stock market

NEW YORK – An upbeat start to a busy week of earnings pushed stocks higher Monday. Citigroup Inc.’s better-than-expected results drove financial stocks higher, putting an end to a recent slide. The Dow Jones industrial average rose 36 points in midday trading. Citigroup said fewer of its customers defaulted on loans, an encouraging sign that […] [...]

Oil prices higher as stock markets rise

by Published: October 18,2010

Tags: Oil, stock market

NEW YORK – Oil prices on Monday bounced back above $82 a barrel, as stocks rose on encouraging earnings reports. Benchmark crude for November delivery rose $1.25 to $82.50 a barrel on the New York Mercantile Exchange. At the pump, gas prices leveled off at a national average of $2.832 for a gallon of regular, […] [...]

Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments