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Tag Archives: banking

Stocks shake off a two-day slump; materials rebound

Specialist Thomas McArdle, left, works with traders at the post that handles Dow Chemical on the floor of the New York Stock Exchange, Wednesday, Dec. 9, 2015. U.S. stocks are mixed in early trading as investors pick up some bargains after a two-day losing streak. Dow Chemical and DuPont both rose sharply following reports that the two companies were talking about a combination. (AP Photo/Richard Drew)

NEW YORK — U.S. stocks are mostly higher in early trading Wednesday as investors buy beaten-down stocks after two days of losses. Energy companies and suppliers of raw materials, heavily sold this year, rose sharply along with the price of oil and other commodities. Dow Chemical and DuPont soared following reports the two were in talks to combine, while Costco ...

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Energy companies lead early stock drop as oil price weakens

stocks

NEW YORK  — U.S stocks fell in early trading Tuesday following a sell-off in Asia and Europe as the price of oil continued to slide to seven-year lows. The losses were broad, with all 10 industry sectors of the Standard and Poor’s 500 index down. KEEPING SCORE: The Dow Jones industrial average fell 228 points, or 1.3 percent, to 17,503 ...

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Businesses, be careful paying the bills

Money in hand

By BECKY GILLETTE Gone are the days when businesses had to mail checks to pay bills and wait until the end of the month to get bank statements. Now both large and small businesses find it extremely convenient to bank online. “The old fashioned way was to write a check, mail it and then it would take time to clear,” said ...

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Reed Metals’ Crawford finds success, happiness in a variety of occupations

Ed Crawford is chief financial office at Reed’s Metals, a multi-million dollar metal roofing and metal building manufacturer in Brookhaven.

By LISA MONTI Ed Crawford, a self-confessed numbers guy, had two dream jobs: working as a CPA and as an Air Force officer. He’s successfully realized both. The Ely, Minn., native is chief financial officer of Reed’s Metals, a multi-million dollar metal roofing and metal building manufacturer in Brookhaven. “I always wanted to be a CPA,” Crawford said. With two and ...

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IKE TROTTER — The nuts and bolts of sound planning

Close-up of a Calculator and Pen on a Financial Newspaper.  Blue-toned.

Sound economic planning today is about developing a framework to the issues affecting our basic financial needs. And normally, different issues will surface at different stages in our lives. After all, who can argue that a married person 35 years of age with small children will face financial issues fundamentally different than one who is 60 to 70 years of ...

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MARK BLACKWELL — Accessing retirement funds

growing-money

For many, finally achieving retirement signifies passing from years of toil and diligence to a more carefree lifestyle.  When it comes to making the most of your money, though, your retirement celebration may mark the end of some considerations, but it marks the beginning of many more.  Managing the allocation of your investment accounts and having a plan to minimize ...

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Momentum builds for reviving Export-Import Bank

bank-building-icon

WASHINGTON — Congressional backers of the U.S. Export-Import Bank are close to reviving it four months after conservative foes ensured that its charter expired. The bank helps overseas buyers get financing to purchase U.S. exports, and a provision reauthorizing it was attached to a popular but unrelated highway measure that the House passed 363-64 on Thursday. The bank enjoys widespread ...

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BankPlus’ payday lending alternative notches top American Bankers Association award

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By TED CARTER Ridgeland-based BankPlus’ has won acclaim across Mississippi for  turning into customers people who thought a bank loan or even checking account was beyond their reach. Now, the $2.5 billion privately held bank is getting recognized on a national stage for bringing financial services to more than 22,000 unbanked or under-banked Mississippians. BankPlus will be honored in Los Angeles ...

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Regions, Trustmark in annual rivalry for Mississippi’s deposits

bank-building-icon

By TED CARTER Nearly one out of every three Mississippians park their money at either Regions Bank or Trustmark National Bank, a trend that goes back more than 10 years, FDIC figures show. Together, the two banks accounted for about $14 billion of the state’s total bank deposits of $49.6 billion from June 30, 2014 through June 30 of this year. ...

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