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MBJ FEATURE

Shares plunge after Cal-Maine fails to meet expectations

By JACK WEATHERLY Cal-Maine Foods Inc. reported on Monday that its net income for the fiscal first quarter was $12.4 million, or 26 per share, compared with a loss of $16 million, or 33 cents per share, a year earlier. Net sales for the quarter that ended on Sept. 1 was $340.6 million, 29.6 percent increase ove $262.8 million. Despite ...

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Auto parts maker invests $100 million, adds 50 jobs

Automotive supplier Auto Parts Manufacturing Mississippi is increasing production in Lee County, investing $100 million and creating 50 jobs. Located in Guntown, APMM produces stamped auto parts, body weld parts and plastic parts. The company’s expansion accommodates increased production for the 2019 Toyota Corolla, which is produced in Blue Springs. APMM is retooling its facility and investing in workforce training. ...

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Po’ Monkey’s artifacts sold in auction as collection

By JACK WEATHERLY SHONDA WARNER Willie Seaberry is gone but the stuff of his life isn’t. It’s together as a collection bought in a bidding process by Shonda Warner. Now she’s looking for a home for it, or a place to stay. “Hopefully there will be a number of renowned institutions interested in preserving this vernacular treasure,” she said. “There ...

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Bomgar to make acquisition

MBJ staff Bomgar, a global leader in privileged access management solutions, has signed a definitive agreement to acquire BeyondTrust, a global leader in privilege-centric security, from an affiliate of Veritas Capital. The combined company, which will be called BeyondTrust, brings together innovators with a shared mission of helping customers defend themselves from cyber-attacks while increasing productivity. Bomgar was founded by ...

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John H. Bryan Jr., renowned philanthropist, longtime Sara Lee CEO, dies

By Maureen O’Donnell@suntimesobits | email The Chicago Sun Times Mississippi native and former Sara Lee Corporation chief executive officer John H. Bryan Jr., who was long one of Chicago’s leading patrons of the arts and a stunningly effective philanthropist and fundraiser, has died at 81. Mr. Bryan died Monday night — four days shy of what would have been his 82nd ...

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BILL CRAWFORD: Uncertainty dims hallelujah economic times for Republicans

BILL CRAWFORD Stimulated by Trump’s tax cuts, the national economy grew 4.2% in the second quarter (final BEA estimate), up from 2.1% in the first quarter. Corporate profits jumped 3.0%, up from 1.2%. The national unemployment rate at 3.9% is the lowest since December 2000. Total nonfarm employment is nearly 150 million, the highest ever.  And average wages are the ...

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National Flood Insurance Program needs long-term reauthorization

The National Flood Insurance Program (NFIP), which was established in 1968 making the program 50 years old, has been extended 17 times just between 2008 and 2012. “The program lapsed for more than a month four times in 2010 and 2011,” said Cumbest Realty owner Mark Cumbest, who is the Governor’s Gulf Coast Business Leader Appointment to the Mississippi Windstorm ...

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Helping others is Covington goal

» Former Auburn gymnast new State Farm agent in Madison Nearly three decades ago, Nike ran an award-winning advertising campaign featuring NFL and Major League Baseball legend Bo Jackson. The “Bo Knows” ads showed Bo trying his hand at golf, tennis, guitar and even hockey. Robin Covington Like Bo, fellow Auburn University alumnus Robin Covington knows…balance, literally and figuratively. Wife. ...

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