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MBJ FEATURE

Sanderson misses quarterly earnings consensus; shares take hit

By JACK WEATHERLY Sanderson Farms Inc. reported net income for the fourth fiscal quarter ending Oct. 31 of $72.9 million, or $3.20 per share, compared with net income of $76 million, or $3.36 per share, for the fourth quarter of fiscal 2016. The Laurel-based poultry processor missed the Zacks analysts’ consensus of $3.62 and shares dropped 13 percent on Friday, ...

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TODD SMITH — ’12 Days of Christmas’ gifts rise only 0.6 percent in price; swans removed because of price volatility

True Loves are on full display this holiday season, on their merry way to a more robust and satisfying holiday shopping season, according to the annual PNC Christmas Price Index. To purchase the gifts included in the classic holiday song “The 12 Days of Christmas,” it will only cost 0.6 percent more than in 2016, according to the 34th annual ...

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REVIVING HISTORY — Piers supporting the old inn replaced, while keeping design like original building

By JULIA MILLER After a brief closure, Mount Locust on the Natchez Trace is back open stronger than ever. “Piers underneath the structure were rotting,” Christina Smith, cultural resource manager for the Natchez Trace Parkway, said. “It was causing the porch to sink and fall.” Following the Secretary of Interior’s standards, the renovations were completed as closely to the original ...

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Environmental landscaping can result in both attractive properties and more profits

By BECKY GILLETTE As the name suggests, environmental landscaping is about the design of urban landscapes in a way that benefits the natural environment by saving energy, conserving water and providing food and habitat for wildlife. Clay Stewart, CEO, Stewart Environmental Construction Inc, Tupelo, said initially both landscaping and environmental landscaping have many similarities in that you are using trees, ...

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PHIL HARDWICK — The ABCs of economic development for small towns

  Mayors of just about all small towns are part-time individuals interested and willing to serve their communities. They do not get paid very much and most are not holders of college degrees in economic or community development. They learn quickly that there is a lot to learn about being the CEO of a small town. One of the many ...

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BILL CRAWFORD — Early interventions could lift Mississippi off bottom

What one thing could Mississippi do to have a more competitive workforce, a healthier population, more college graduates, fewer welfare mothers, better school performance, fewer special needs children, less drug usage and pay for itself seven times over?   Improve cognitive development in at-risk children right from birth.   Sound too good to be true?    Science says otherwise. It ...

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Electronic recycling’s quandary

» High-tech waste can leave a negative impact on the environment By NASH NUNNERY It’s not always about owning the latest or greatest gadget – the economics of high-tech gadgetry encourages disposal. Discarding a still-useful electronic device for little or no reason has become status quo in recent years for many companies. Purchasing a new printer is ultimately cheaper than buying ...

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Crittenden Distillery making whiskey, history in Hancock County

By LISA MONTI Inside of a plain metal building on the edge of the Kiln community, Matt Crittenden is making whiskey and a little Hancock County history. The al-most completed Crittenden Distillery’s high-end bourbon and rye will have the distinction of being the first whiskey to be legally produced in the county, which many a moonshiner has called home. Crittenden ...

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First Bancshares continues regional expansion

By JACK WEATHERLY Hattiesburg-based First Bancshares, holding company for The First, has signed an agreement to acquire Tallahassee, Fla.-based Sunshine Financial, parent of Sunshine Community Bank, in a stock and cash deal of about $32 million. The deal is a continuation of First Bancshares plan to grow a territory staked out in 2009, stretching north to Jackson, south to the ...

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