Posts Tagged ‘stocks’

Stocks move higher as US job market improves

by For the MBJ Published: March 6,2014

Tags: Business, Mississippi, stocks, Wall Street, Washington

NEW YORK — Stocks moved higher in midday trading Thursday after the government reported that the number of people filing for unemployment benefits fell last week to the lowest level in three months. Staples plunged 15 percent after the company said it was closing 10 percent of its stores as more people shop online. KEEPING […] [...]

Stocks rally after Fed allays stimulus fears

NEW YORK — Stocks broke through record highs in early trading Thursday after Federal Reserve Chairman Ben Bernanke said the central bank is in no hurry to stop supporting the economy. Bernanke said the U.S. economy still needed help because unemployment remains high and inflation is below the Fed’s target. The Fed is currently buying $85 […] [...]

Dallas company looking to purchase Seventh Knight via stock swap

VICKSBURG — Fusion-Q of Dallas, Texas, has made a tender offer to acquire the shares of Seventh Knight Inc. Under the terms, Fusion-Q has tendered an offer to acquire Seventh Knight with Fusion-Q preferred stock in exchange for the 9,674,403 shares of common stock outstanding stock of Seventh Knight. Thereafter, each Fusion-Q preferred share would […] [...]

BancorpSouth commences $100M public offering

TUPELO — BancorpSouth Inc. has commenced an underwritten public offering of $100 million of its common stock. The company said it intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of common shares sold pursuant to this transaction. All of the shares are being offered by the Tupelo-based […] [...]

Sanderson registers with SEC, but does not plan to offer shares

LAUREL — Sanderson Farms Inc. has filed a Form S-3 shelf Registration Statement with the Securities and Exchange Commission (SEC) to register for possible future sale shares of the company’s common and/or preferred stock at an aggregate offering price not to exceed $1 billion. The stock may be offered by the poultry company in amounts, […] [...]

Update: Stocks waver as optimism about job report fades

by Associated Press Published: August 5,2011

Tags: Barack Obama, Dow Jones Industrial Average, NASDAQ, stocks, United States

UPDATE ….. Stocks are moving between small gains and losses Friday, giving up an early rally after the government reported that hiring picked up in July. European leaders are calling emergency meetings and seeking to reassure markets that a large nation such as Italy or Spain won’t become the latest country in the region to […] [...]

Cal-Maine sees increase in sales, but income up and down

by For the MBJ Published: March 28,2011

Tags: agriculture, eggs, food, investing, manufacturing, poultry, publicly traded company, stocks

JACKSON — Cal-Maine Foods Inc. reports net sales for the third quarter of fiscal 2011 of $274.7 million, compared with net sales of $271.2 million for the same quarter of fiscal 2010. The egg company reported net income of $33.6 million, or $1.41 per basic share, for the third quarter, compared with net income of […] [...]

Ameristar Casinos buying back founder’s shares

by Associated Press Published: March 2,2011

Tags: casinos, gambling, gaming, hospitality, investing, investments, shares, stocks

VICKSBURG — Ameristar Casinos Inc. is buying back approximately 26.2 million shares of its common stock from the estate of founder and former chairman and CEO Craig H. Neilsen for about $457.6 million. Neilsen died in Nov. 2006. The casino operator said that the stock included in the buyback represents about 45 percent of its […] [...]

Stocks set to extend rally into new week

by Associated Press Published: October 11,2010

Tags: dow jones, economy, finance, stocks

NEW YORK (AP) – Stock futures rose modestly Monday as investors look to extend a rally that pushed the Dow Jones industrial average above 11,000 for the first time since early May. Traders in recent days have been betting the Federal Reserve will act in the coming weeks to stimulate the economy and drive interest […] [...]

Dow Jones tops 11,000 for first time since May

by Amy McCullough Published: October 8,2010

Tags: Dow Jones Industrial Average, finance, stocks

NEW YORK-The Dow Jones Industrial Average topped the 11000 mark for the first time since May, the Wall Street Journal reports. [...]

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