Home » NEWS » Banking & Finance (page 3)

Banking & Finance

Trustmark Bank promotes Johnson

Trustmark has promoted Janelle Johnson to First Vice President at its corporate headquarters in Jackson, where she serves as Human Resources Information Systems Manager. Johnson has 29 years of experience in human resources with Trustmark. She is a member of the Quest International User Group and a member of Country Woods Baptist Church, where she serves on the personnel committee.

Read More »

US stocks jump following strong January jobs report

U.S. stocks are climbing Friday morning after the government said employers stepped up their hiring last month, another positive sign for the U.S. economy. The biggest gains are going to small-company stocks, which stand to benefit from a pickup in the economy. Banks rose sharply after President Trump took a first step toward scaling back financial industry regulations. Major stock ...

Read More »

Stocks rise on hiring survey; Apple climbs on better sales

Stocks are moving higher Wednesday morning after a survey showed private U.S. employers hired new workers at a faster pace in January, a sign that the economy could be getting stronger. Technology stocks are climbing after Apple said iPhone sales improved in its last quarter, which sent its stock to its highest price in more than a year. The market ...

Read More »

Weak quarterly reports push stocks lower for a second day

U.S. stocks are falling Tuesday morning following weak fourth-quarter results from companies including UPS and Under Armour. Investors moved money into bonds and stocks that pay large dividends, like utilities. Stocks took losses a day earlier after President Donald Trump imposed a travel ban on seven Muslim-majority countries. KEEPING SCORE: The Dow Jones industrial average fell 127 points, or 0.6 ...

Read More »

Trustmark fourth quarter income up 4.9 percent

By JACK WEATHERLY Trustmark Corp. reported net income of $28.9 million for the fourth quarter, or 43 cents per share, a 4.9 percent increase from a year earlier. Net income for the year was $108.4 million, or $1.60 per share, compared with $116 million in 2015, the Jackson-based bank holding company reported in a release on Tuesday. Excluding one-time charges for ...

Read More »

US stock indexes edge higher in early trading; oil rising

U.S. stock indexes edged higher in early trading Thursday, extending gains a day after the Dow Jones industrial average closed above 20,000 for the first time. Energy stocks rose more than the rest of the market as the price of crude oil headed higher. Investors had their eye on the latest crop of company earnings. KEEPING SCORE: The Dow gained ...

Read More »

(WITH VIDEO) Dow hits 20,000 following solid open for US stocks

The Dow Jones industrial average crossed the 20,000 mark for the first time in early trading Wednesday, the latest milestone in a record-setting drive for the stock market. The other major U.S. stock indexes were also moving higher, led by banks and other financial companies, as investors pored over the latest batch of company earnings and deal news. KEEPING SCORE: ...

Read More »

US stock indexes edge higher in early trading; oil rises

Materials companies led U.S. stock indexes slightly higher in early trading Tuesday as investors sized up the latest round of company earnings news. Energy stocks also rose as crude oil prices headed higher. Phone companies and health care stocks lagged the broader market. KEEPING SCORE: The Dow Jones industrial average rose 5 points, or 0.03 percent, to 19,805 as of ...

Read More »

Dow erases gain for 2017 as stocks fall, bond yields climb

The Dow Jones industrial average erased its gain for the year on Thursday, part of a pullback for stock indexes as Treasury yields continued their upward march. KEEPING SCORE: The Dow Jones industrial average fell 109 points, or 0.6 percent to 19,696 as of 2:20 p.m. Eastern time. That puts the Dow down 0.3 percent for the year, though it’s ...

Read More »