Archive | May 25th, 2012

Nation’s banks gain on income in 1Q but loan levels drop

May 25, 2012

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  Commercial banks and savings institutions in the United States are on track to complete three years consecutive quarterly earnings increases, but their lending has dipped for the time in nearly a year. The financial institutions made a total profit of $35.3 billion in the first quarter, a $6.6 billion improvement from the $28.8 billion […]

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If Warren Buffett is betting on the newspaper industry, so should everyone else

May 25, 2012

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Even with the bad news this week that daily newspapers in New Orleans, Mobile, Birmingham and Huntsville all will reduce their publications to three days a week, there was more good news out of the Warren Buffet camp. Buffett says his company is likely to buy more newspapers in the next few years, and Berkshire […]

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ROSS REILY: A new day may be dawning for Mississippi cotton

May 25, 2012

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When construction began a couple of weeks ago on a $6.5 million cotton gin in Noxubee County, it may have signaled a change in Mississippi agriculture that experts have been pointing to nationally for more than a year. Bogue Chitto Gin Inc. was created by a group of 25 cotton farmers from Aliceville, Ala., and […]

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Report: U.S. economy will depend on trillion-dollar Hispanic ‘niche’

May 25, 2012

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The explosive growth of the U.S. Hispanic population should be making consumer-products companies rich, but instead, it is leaving them confused. The U.S. Latino community, already a $1 trillion annual consumer market comprising 52 million people (out of a total U.S. population of 311 million), is on course to grow by another 50 percent in […]

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