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MBJ FEATURE

CEO’s post-retirement plans still not settled

  Richard Hickson says his Trustmark workload has left him little time to decide what he’ll do in retirement beyond involvement in his two principal civic causes – Millsaps College and St. Dominic Hospital. Two other things he knows for certain. He’ll be 67 and a full-time Mississippi resident. He said his interests are likely to take him in any ...

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Switch to natural gas a winner for Callon

One-fifth of production to come from onshore drilling by year’s end Callon Petroleum’s plan to reinvest revenue generated by its offshore drilling operations into onshore drilling operations has proven to be wise decision. Fred Callon, Callon’s chairman and CEO, said in a third quarter earnings conference call with analysts last week that onshore drilling represented 16 percent of the company’s ...

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MHA caught off-guard by Guv.’s plan to cut payments

Hospitals thought provisions in bill would protect them from Medicaid provider payment reduction Before last Monday, Sam Cameron probably expected the upcoming legislative session to be free of any major drama. Those plans changed once Gov. Haley Barbour unveiled his executive budget recommendation for fiscal year 2012, which starts July 1. To fill the massive hole left by the disappearance ...

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Main Street Matters kicks off with development goal

Effort enlists business leaders to bring more industry and tourism to Main Street communities The Mississippi Main Street Association has launched a five-year economic and community development program for the State of Mississippi dubbed “Main Street Matters.” The initiative to underwrite the effort grew out of ideas and suggestions from nearly 100 business leaders over the past year. Main Street ...

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Who’s lucky here?

Choctaws plan to open Bok Homa Dec. 20 come hell or high water A policy brief released in August by Mississippi State University’s National Strategic Planning and Analysis Research Center says the slot casino the Mississippi Band of Choctaw Indians will open in December could have negative social, economic and environmental effects on the Jones County area. One of the ...

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Egg recall puts FOOD safety back in spotlight

State’s catfish farmers still waiting for the USDA inspections The recent massive recalls of tainted eggs that involved one Mississippi company has the nation’s food-inspection efforts back in the spotlight. And while the egg/poultry industry works its damage control, the catfish farmers are still waiting on a promised change in the way the U.S. inspects fish. Last summer, the largest ...

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PSC votes to discuss utility donations of ratepayers' $

What organizations got ratepayer money and how much? Click on the years below: Entergy Mississippi’s Disallowed & Allowed Charitable Contributions * 2007 * 2008 * 2009 Mississippi Power Company’s Disallowed & Allowed Charitable Contributions * 2007 * 2008 * 2009 The Mississippi Public Service Commission (PSC) has voted unanimously to open a docket to explore restricting the amounts of charitable ...

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Cadence reports continued losses

Starkville-based bank had lower losses than same quarter in 2009 In a late arriving earnings report, Cadence Financial of Starkville last Wednesday reported a third quarter net loss of $7.5 million, or $0.63 per diluted share. The new round of losses come just ahead of a Dec.  9 shareholder meeting at which shareholders will vote whether to take the $1.7-billion ...

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Cadence shareholders must weigh claims merger information

Investor suit alleges merger terms designed to benefit Cadence execs, board more than shareholders Cadence Bank shareholders have until Dec. 9 to dissect terms of a pending acquisition of the regional bank and gauge claims in an investor lawsuit that the deal is tilted to benefit Cadence executives and board members at their expense. Shareholders are scheduled to vote Dec. ...

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Coalition: No public money for casino

Group says Mississippi Band of Choctaw Indians must pay for infrastructure improvements The Coalition for Family and Community Values in Jones County has opposed from the beginning plans by the Mississippi Band of Choctaw Indians to build a slot-machine casino in Sandersville. With that battle seemingly lost — the MBCI is expected to open the casino in mid-December — the ...

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