Posts Tagged ‘Thomson Reuters’

BancorpSouth back in the black but trouble with bad loans persists

by Ted Carter Published: October 31,2010

Tags: Aubrey Patterson, BancorpSouth Inc., Thomson Reuters, Tupelo regional bank

Bank handicapped by increasing loan loss reserves A $32.3-million allocation to cover a $107.1-million increase in non-performing loans took a bite of BancorpSouth Inc.’s third quarter earnings, but Mississippi’s largest headquartered bank returned to profitability in the quarter. The move into the black got an assist from a nearly $10-million income tax benefit and a […] [...]

Cal-Maine Foods posts profit, slim rise in revenue

by Associated Press Published: September 27,2010

Tags: Cal-Maine Foods Inc., Fred Adams Jr., Thomson Reuters

JACKSON — Cal-Maine Foods Inc., the nation’s biggest egg seller and distributor, returned to profitability in its fiscal first-quarter. Cal-Maine said it took advantage of lower feed costs during the quarter, but cautioned that corn prices have climbed and will likely stay volatile in the coming year. The company said that the recent U.S. egg […] [...]

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