Posts Tagged ‘stock’

Diamondhead Casino names new chairman/president

DIAMONDHEAD — Diamondhead Casino Corporation (DHCC), which has been trying to build a casino resort on its 404-acre property in Diamondhead for more than a decade, has appointed Ted Arneault, formerly chairman, president and CEO of MTR Gaming Group Inc., as chairman of the board of the company and president and CEO of Casino World […] [...]

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 […] [...]

BancorpSouth merging with La. bank in stock/cash deal

TUPELO — BancorpSouth Inc. has signed a definitive merger agreement with Ouachita Bancshares Corp. and its wholly owned subsidiary, Ouachita Independent Bank (OIB) headquartered in Monroe, La., whereby Ouachita Bancshares Corp. will be merged with and into BancorpSouth, Inc. OIB operates 12 full-service banking offices; six in the Monroe-West Monroe, La., area, four in the […] [...]

The First reports improved quarter, nine-month period

HATTIESBURG — The First Bancshares Inc., holding company for The First, A National Banking Association, reports net income available to common stockholders for the three months ended Sept. 30 was $998,000, or $0.19 per diluted share, compared to $766,000, or $0.24 per diluted share, for the same quarter in 2012, an increase of $232,000, or […] [...]

Swetman: Peoples’ profit ‘not at the levels we would wish’

BILOXI — Peoples Financial Corporation, parent of The Peoples Bank, reported net income of $886,000 for the third quarter of 2013, an increase of 18 percent over the same period a year ago. Earnings year to date in 2013 were impacted in the second quarter by a large loan loss provision mostly related to a […] [...]

Cal-Maine sees income fall while costs rise

JACKSON — Cal-Maine Foods Inc. said today that its fiscal first-quarter net income fell 6 percent as feed and production costs climbed. The egg producer earned $8.8 million, or 36 cents per share, for the period ended Aug. 31. That compares with $9.4 million, or 39 cents per share, a year earlier. Revenue for the […] [...]

BancorpSouth increases dividend for first time in two years

TUPELO — The BancorpSouth Inc. board of directors has declared a quarterly cash dividend of $0.05 per common share, which is a $0.04 per share or 400 percent increase over the company’s previous quarterly dividend payment of $0.01 per common share. The dividend is payable Oct. 1 to shareholders of record at the close of […] [...]

Southern Co. shareholders to feel losses from Kemper plant

KEMPER COUNTY — Southern Co. shareholders will absorb $450 million in losses incurred while building a new coal-fired power plant in Mississippi, raising the total write-offs on the construction project to nearly $1 billion, utility officials said today. The utility announced the pre-tax write-off on its massive project in Mississippi’s Kemper County before releasing its […] [...]

The First accounts for merger, net income down nearly 25 percent

HATTIESBURG — The First Bancshares Inc. reports net income available to common stockholders for the three months ended June 30 amounted to $706,000, or $.18 per diluted share, compared to $931,000, or $.30 per diluted share for the same quarter in 2012, a decrease of $225,000 or 24.2 percent. Net income available to common shareholders […] [...]

Shareholders approve Renasant-First M&F merger

by Associated Press Published: June 26,2013

Tags: acquisition, bank, banker, banking, finance, financial institution, mertger, publicly traded company, share, shareholder, stock

TUPELO and KOSCIUSKO — The purchase of First M&F Corp. by fellow Mississippi bank Renasant Corp. is going forward. Shareholders of both banks approved the merger today. Shareholders of First M&F, based in Kosciusko, will own about 20 percent of the merged bank. Tupelo-based Renasant will pay $143 million in stock to First M&F shareholders. […] [...]

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