by Associated Press Published: February 17,2012
Tags: colleges, commercial paper, education, funding, funds, higher education, investing, investment, investor, state budget, state government, universities
STARKVILLE — Higher education officials will allow Mississippi State University to enter the “commercial paper” market to obtain $50 million for future construction projects. The state College Board approved Mississippi State’s request yesterday. The commercial paper market is short-term IOUs that companies sell to meet cash-flow needs. Issuing commercial paper is a way for companies [...] [...]
by MBJ Staff Published: February 17,2012
Tags: chickens, food, investing, investment, investor, poultry, publicly traded company, shares, stock, stock repurchase
LAUREL — Sanderson Farms Inc.’s board of directors yesterday expanded and extended to Feb. 16, 2014, its stock repurchase program approved Oct. 22, 2009, to repurchase up to one million shares from time to time at prevailing prices in open market transactions or in negotiated purchases, subject to market conditions, share price and other considerations. [...] [...]
HOUSTON, Texas — Texas financier R. Allen Stanford built a vast fortune through his network of banks and other businesses in the U.S., Latin America the Caribbean, and led a lifestyle befitting a billionaire business magnate. Once considered one of the U.S.’s wealthiest people, with an estimated net worth of more than $2 billion, Stanford [...] [...]