by Associated Press Published: March 1,2012
Tags: banking, Banks, casinos, Conventions, debt, entertainment, finance, financial institution, gambling, gaming, hospitality, hotels, lodging, meetings, refinancing, resort, restaurants, tourism, tourists, visitors
CHOCTAW — The Mississippi Band of Choctaw Indians has signed a debt refinancing agreement for the Pearl River Resort in Neshoba County and the Bok Homa Casino in Jones County. The new loan is for $78 million at a 6 percent variable rate for five years. The agreement was signed yesterday by Chief Phyliss J. [...] [...]
GULFPORT — Hancock Holding Corp. says it’s on track to spend less than previously projected to wrap up its merger with the former Whitney National Bank, with profit rising in the fourth quarter. The parent of Hancock Bank and Whitney Bank said it earned $19 million in 2011′s fourth quarter, up from $17 million in [...] [...]
KOSCIUSKO — First M&F Corp. reports 2011 net income of $4.373 million, compared to a net income of $4.011 million for 2010, a nine percent increase. Earnings allocated to common shareholders were $2.584 million, or $0.28 basic and diluted earnings per share, compared to earnings of $15.071 million, or $1.66 basic and diluted earnings per [...] [...]
by MBJ Staff Published: January 25,2012
Tags: bank, banking, cellphones, finance, financial institution, insurance, investing, investments, investors, mobile app, publicly traded company, shares, smartphones, stock, telecommunications
TUPELO — BancorpSouth Inc. has closed an underwritten public offering of 10,952,381 shares of its common stock at a price to the public of $10.50 per share. The gross proceeds from the offering, before expenses, were $109.3 million. The proceeds from the offering will be used by the financial institution for general corporate purposes, including [...] [...]
ECRU — The Town of Ecru won’t be without a bank after all. Last month, Tupelo-based BancorpSouth said it was closing 23 branches this fall in six states to improve efficiency. One of those was the branch in Ecru, the town’s only bank. The Northeast Mississippi Daily Journal says the First National Bank of Pontotoc [...] [...]
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