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Tag Archives: Alabama

Renasant beefs up in Georgia with $258M purchase of HeritageBank

Tupelo’s Renasant Bank continued its march through Georgia last week with a definitive agreement to acquire Albany’s $1.9 billion Heritage Financial Group Inc., parent of HeritageBank of the South, through a stock purchase. Renasant, which a couple years ago began establishing a presence in North Georgia with acquisitions in Blairsville and suburban Atlanta, will gain entry to a number of ...

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Dak Prescott's autograph fetches a pretty penny

Mississippi State star Dak Prescott says he is taking steps to avoid being the next college football star to be accused of exchanging autographs for cash. “I’ve started just personalizing things — making sure I write to the person that they’re asking for. And I don’t sign things in bundles — just being a lot more aware of what I’m ...

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Charles McCrary to step down as CEO of Alabama Power

Charles McCrary will step down as chief executive officer at Alabama Power Co. at the end of the month, according to the Birmingham Business Journal. McCrary, who has led Alabama Power for 13 years, will be replaced by Mark A. Crosswhite, according to a release from the company. Crosswhite most recently served as COO at Alabama Power parent Southern Co. ...

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C Spire to acquire communications provider

Ridgeland regional telecom company C Spire is ending the year with a growth spurt in its business services with the acquisition of Mobile’s Callis Communications, a fast-growing provider of cloud-based unified communications for businesses. In announcing the acquisition, the privately held C Spire said adding Callis will strengthen its standing as a leading telecommunications- based diversified technology company. Callis serves ...

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CRAWFORD: Tea Party loss in Alabama not foretelling

By Bill Crawford Some may think last week’s congressional primary result in South Alabama foretells good things for Senator Thad Cochran and other Republican senators facing challenges by Tea Party candidates. Maybe not. GOP establishment candidate Bradley Byrne defeated grassroots Christian and Tea Party favorite Dean Young in the Republican run-off for retiring Congressman Jo Bonner’s House seat. Byrne is ...

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Tropical Storm Karen forms in Caribbean, aims for the Gulf Coast

Tropical Storm Karen has formed in the Caribbean, the National Hurricane Center reported Thursday morning, becoming the 11th named storm of the Atlantic hurricane season. As of 8 a.m. ET, the storm had winds of 60 mph. Hurricane and tropical storm watches have been posted for the U.S. Gulf Coast from Florida to Louisiana.. The storm should impact the Gulf ...

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The Shed restaurant closes its doors in Mobile

A restaurant that’s been a landmark in southern Alabama is closing its doors. Employees tell WPMI-TV that they were surprised Tuesday when they showed up at The Shed in Mobile and learned the business had closed. A handwritten sign on the front door stated, “Closed, Ocean Springs Shed still serving BBQ!” and listed a phone number for the franchise’s Mississippi ...

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Warm waters could mean storm development as the Gulf Coast braces

The area of tropical moisture being monitored in the western Caribbean could develop to bring flooding rain to the Southeast by the end of the week. Meanwhile, Tropical Storm Erin has formed over the eastern Atlantic. Tropical development in the Caribbean and Gulf has been a concern since early this week, with numerous scenarios still in play. However, meteorologists continue ...

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Two storms could threaten Gulf — one as quickly as this weekend

Two possible tropical storms are developing just in time for the traditional peak of the Atlantic hurricane season. One system is forming between Cuba and Central America and the National Hurricane Center estimates it has a 50 percent chance of forming into a tropical cyclone in the next 2 days, and a 60 percent chance of doing so within five ...

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