Mississippi Business Journal » stocks

Dallas company looking to purchase Seventh Knight via stock swap

MBJ Staff — Fri, 02 Mar 2012 12:21:07 +0000

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 [...]

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BancorpSouth commences $100M public offering

MBJ Staff — Wed, 18 Jan 2012 14:18:15 +0000

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 [...]

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

MBJ Staff — Thu, 06 Oct 2011 17:03:26 +0000

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, [...]

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Update: Stocks waver as optimism about job report fades

Associated Press — Fri, 05 Aug 2011 14:32:17 +0000

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 [...]

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

For the MBJ — Mon, 28 Mar 2011 13:16:14 +0000

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 [...]

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Ameristar Casinos buying back founder’s shares

Associated Press — Wed, 02 Mar 2011 19:42:41 +0000

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 [...]

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Stocks set to extend rally into new week

Associated Press — Mon, 11 Oct 2010 12:46:57 +0000

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 [...]

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Dow Jones tops 11,000 for first time since May

Amy McCullough — Fri, 08 Oct 2010 16:07:20 +0000

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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European markets down, Asian markets up

Associated Press — Wed, 28 Jul 2010 11:28:24 +0000

LONDON — European stock markets traded in a narrow range today amid signs that the recent rally may be running out of steam due to worries about the U.S. economic recovery. Asian stocks closed sharply higher, however, on optimism over the region’s two leading economies, Japan and China. In Europe, the FTSE 100 index of [...]

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Parkway fires CFO, stock tumbles

Ross Reily — Tue, 09 Feb 2010 21:01:50 +0000

Parkway Properties Inc. (PKY US) fell 13.78 percent to $17.20, after sinking as much as 13 percent, the most intraday since April 20. The real estate investment trust reduced its annual dividend to 30 cents a share from $1.30 and said it fired J. Mitchell Collins as chief financial officer.

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