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Tag Archives: Business

Stocks up on hope of UK stimulus, eurozone Brexit resilience

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Stock markets turned higher on Friday after surveys suggested the eurozone economy is proving resilient to the uncertainty surrounding Britain’s Brexit vote. A big drop in business activity in the U.K. raised expectations of more central bank stimulus there. KEEPING SCORE: Britain’s FTSE 100 rose 0.4 percent to 6,728 and Germany’s DAX was up 0.1 percent to 10,163. France’s CAC ...

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BancorpSouth earnings dip but bank says settlement not a factor

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By JACK WEATHERLY BancorpSouth’s earnings dipped in the second quarter, but that had nothing to do with the lender’s $10.6 million fine for redlining certain minority neighborhoods of Memphis, it said in a release issued Wednesday night. Net income for the quarter ending June 30 was $34.7 million, or 37 cents per share, compared with $39.7 million, or 41 cents ...

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A NEW ERA AT VIKING — Kitchen appliance veteran Kevin Brown to oversee Greenwood plant

As new president of Viking Ranges, Kevin Brown has his sights on new products and new markets.

By TED CARTER A kitchen appliances executive whose background includes working the assembly line at Oxford’s Whirlpool plant is the new head of revamped Viking Ranges in Greenwood. Kevin Brown, a University of Mississippi electrical engineering graduate who started with Viking in 2007, joined with a team of Middleby Corp. executives in 2013 to transform the products line of the ultra-premium ...

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Tupelo Furniture Market goes ‘soft’ to strengthen its position

Forty-four mattress makers will have displays at the market from Aug. 18-21.

By JACK WEATHERLY Northeast Mississippi is known as the upholstered-furniture capital of the United States. So it shouldn’t come as a surprise that it is playing the “soft” card as it seeks to further distinguish itself from other furniture centers – especially High Point, N.C. Forty-four mattress and box spring makers will be on hand for the semi-annual Tupelo Furniture ...

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Jackson’s Colonial Highlands moves into business phase

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By JACK WEATHERLY  The at-times stormy effort to redevelop the former Colonial Country Club in Jackson has settled into the business phase. Bo Lockard, manager of Colonial Jackson LLC, which owns the property and is overseeing the development, said Tuesday that the Neel-Schaffer engineering firm has been hired and that conversations with potential developers are underway. “We are working toward ...

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#justsayin — New cartoon series appears in the MBJ

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The Mississippi Business Journal is launching a new cartoon series entitled #justsayin by Ford Williams of Ridgeland.  The irregular and slightly irreverent cartoon series reflects the world views of a Generation Z cartoonist. The first cartoon in the series is in this edition, the first day of the 2016 Neshoba County Fair.  The setting of the cartoon is the Fair’s ...

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Punt, Pass and Pixels — New scoreboard could mean big business for Alcorn State football

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By NASH NUNNERY Invigorated by back-to-back Southwestern Athletic Conference football crowns, Alcorn State University wants to keep the momentum going with a championship-worthy scoreboard. And not just any scoreboard but the largest video scoreboard within the Historically Black College and University network. Marcus Ward, who serves as executive director of the Alcorn State University Foundation, says the atmosphere on football ...

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Ole Miss to expand MBA student consulting

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By BECKY GILLETTE After a successful Masters of Business Administration pilot project in 2015 at the University of Mississippi, beginning this fall the Ole Miss MBA program will partner with the Center for Innovation and Entrepreneurship to give MBA students the opportunity to serve as consultants to North Mississippi businesses. The purpose of program is to assist business owners in finding ...

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Revitalizing Bay St. Louis beachfront a reality

Ken Murphy is building a three-story structure on this site.

By LISA MONTI The Bay St. Louis beachfront retail and restaurant district is seeing change on both sides of Beach Boulevard. The French Settlement retail building at 108 South Beach Blvd. has a new owner, and across the street, the Murphy family is rebuilding their popular beachfront restaurant and bar that Hurricane Katrina wiped away in 2005. The Murphy family ...

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