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Foreclosures continue to drop in Mississippi and Jackson

February 6, 2015

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Foreclosure rates in Jackson decreased in November over the same period last year, according to newly released data from CoreLogic, a California-based real estate data company. Statewide, the November rate came in at 0.99 percent, a significant improvement from the previous November’s 1.49 percent. Mississippi’s 90-day delinquency rate also improved in November, dropping to 5.57 […]

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Commercial litigator Alan W. Perry joins Bradley Arant Boult Cummings in Jackson

February 4, 2015

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JACKSON — Bradley Arant Boult Cummings LLP has announced that leading commercial litigator Alan W. Perry has joined the firm’s Jackson office as a member of its Litigation Practice Group and Business Litigation Team. He was formerly a partner with Forman Perry Watkins Krutz & Tardy LLP. “We welcome Alan to the firm and are looking forward to […]

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UPDATED: Bryant’s $50 million workforce training plan heads for floor votes

February 3, 2015

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Matching House and Senate legislation that would pull  $25 million each of the next two years from the state’s unemployment compensation reserve fund to pay for workforce training made it to the floors of their respective houses Tuesday. The money would be used to step-up the state’s efforts to train workers for advanced manufacturing jobs and […]

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Goodrich latest to pull back in Tuscaloosa Marine Shale

January 30, 2015

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Low oil prices mean the driller that has been the most bullish on an oil region that straddles the Louisiana-Mississippi line is cutting back, The Associated Press reports.. Goodrich Petroleum Corp., based in Houston, said Friday that it will spend $80 million to $100 million on exploration and drilling, down from $150 million to $200 […]

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Senate committee proposes 27-member Common Core commission

January 29, 2015

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JACKSON — Senators are considering a 27-member commission to suggest changes to the state’s academic standards as part of an effort to change or replace Mississippi’s current Common Core-based standards. The Senate Education Committee voted 10-3 Thursday to approve Senate Bill 2161, which would set up the commission to recommend changes to the state Board […]

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Trustmark Corporation announces 2014 financial results

January 28, 2015

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JACKSON — Trustmark Corporation (NASDAQ:TRMK) reported net income of $28.1 million in the fourth quarter of 2014, which represented diluted earnings per share of $0.42. For the full year 2014, net income totaled $123.6 million, which resulted in diluted earnings per share of $1.83, an increase of 4.6% from the prior year. Trustmark’s performance during 2014 produced […]

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Obama abandons plan to roll back tax-free status of 529 college savings plans

January 27, 2015

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After a national backlash that included criticism from Mississippi Treasurer Lynn Fitch, President Obama has backed off a plan to tax the popular  529 college savings plans. The Washington Post reported Tuesday night that Obama abandoned the tax plan after a mountain of criticism from lawmakers and parents alike. The Post characterized the rollback as […]

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Greater Jackson Chamber Partnership annual meeting is Wednesday

January 27, 2015

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The Greater Jackson Chamber Partnership (GJCP) will host its 2014 annual meeting from 11:30 a.m. 6to 1 p.m. Wednesday at the Jackson Convention Complex. Investors, volunteers and the general public will receive updates on the progress of the Partnership’s recent strategic plan initiatives for the Greater Jackson area.  Chairman Andy Taggart, Chairman-Elect David Gates and […]

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Von Drehle locates paper machine facility in Natchez.

January 26, 2015

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NATCHEZ — Von Drehle, a paper products supplier, has broken ground on a paper machine facility in Natchez. The groundbreaking was held Monday. Von Drehle acquired the former Mississippi River Pulp facility in 2013. The project represents an estimated $100 million incorporate investment and will create at least 100 jobs with the potential to increase […]

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United Furniture to create 300 jobs in Verona

January 26, 2015

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By Jack Weatherly United Furniture Industries announced Monday it will start manufacturing operations in the former Lane Furniture facility in Verona. The project represents a $2.75 million corporate investment and will create 300 jobs, bringing the company’s total employment in the state to approximately 2,000. United Furniture has operations in Amory, Hatley, Nettleton, Okolona and […]

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