Archive | January, 2012

Jackson sees dip in foreclosures, tardy mortgage payments

January 30, 2012

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Foreclosure rates and mortgage delinquencies in Jackson have decreased for the month of November over the same period last year, newly released data from real estate research firm CoreLogic shows. CoreLogic reported the rate of Jackson area foreclosures among outstanding mortgage loans was 2.37 percent for November, compared to November of 2010 when the rate […]

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“The Help” Wins Big at SAG

January 30, 2012

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“The Help,” a Mississippi-made film about race and relationships in 1960’s Jackson, has done it again. The movie, based on the novel by Jackson native Kathryn Stockett, won the coveted Best Ensemble Cast award at last night’s 18th annual Screen Actor’s Guild Awards show in Los Angeles. Viola Davis and Octavia Spencer who played African-American […]

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Regions: Morgan Keegan sale lowers bank’s ‘overall risk profile’

January 29, 2012

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Regions Bank – Mississippi’s market leader — won’t be making a big payment to the Troubled Asset Relief Program, or TARP, with the $1.18 billion it is to gain through the pending sale of the Morgan Keegan investment brokerage. But the liquidity that the Birmingham bank’s holding company, Regions Financial, will gain from the sale […]

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Alcorn inaugurates embryo transfer breeding effort with bull sales

January 29, 2012

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Alcorn State University’s sale last week of nine bulls produced from embryo transfers marked the start of a program that will provide a handful of high-quality cattle for sale annually for years to come. “This is the first sale we’ve had from any of the bulls coming from our embryo transfer service,” said Melissa Mason, […]

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Downtown conversions – too much demand chasing too little product

January 29, 2012

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Ted Duckworth’s math tells him downtown residential is a-can’t-lose proposition. He’d be at the table but the dealer has no more cards to deal in a game that is all about converting decades-old commercial buildings instead of building anew. “Of the available buildings somebody else is already working on them,” said Duckworth, principal of Duckworth […]

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USM, MSU do well among ‘Most Popular National Universities’

January 27, 2012

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University of Southern Mississippi ranks No. 43, Mississippi State University No. 65 on ‘Most Popular National Universities’ list by U.S. News & World Report How did they measure popularity? “One of the best indicators of a school’s popularity among students is the school’s yield–the percentage of applicants accepted by a college who end up enrolling […]

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Obama set to open up 38 million acres in Gulf to oil, gas exploration

January 26, 2012

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The Washington Post reported Thursday that President Barack Obama says his administration will open a large swath in the Gulf of Mexico for oil and gas exploration and development, fending off criticism that his policies have stifled domestic energy production. Obama is discussing the sale of the oil and gas drilling leases for nearly 38 […]

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Iuka’s J.P. Coleman State Park Wins Transient Boat Grant

January 26, 2012

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Owners of large boats will soon have more choices for docking their boats for stays of 10 days or less in Mississippi, Alabama, Arkansas and Louisiana. Recreational parks in the three states are among the dozen winners of the U.S. Department of Interior’s “BIG Grant” competition for more than $7.5 million in grants. The Interior […]

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CNBC: KiOR ‘bleeding cash’

January 25, 2012

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Update: Today (Jan. 27) KiOR announced that it has closed a $75 million four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo). KiOR is listed along with Achillion Pharmaceuticals, Sears Holdings and Rite Aid […]

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Carter Commentary: Getting us back to ‘Made in America’

January 25, 2012

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Is there an assembly line somewhere that turns out these tired opposition party responses to State of the Union addresses? Year after year, it doesn’t matter whether the chief executive delivering the speech is a Democrat or Republican, within minutes of the speech’s completion the worn-out rhetoric begins. Which brings us to Tate Reeves, Mississippi’s […]

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