NORTH MISSISSIPPI — Milder weather than last year in the Tennessee Valley Authority’s service region drove sales of electricity down 5 percent for the three-month period ended Dec. 31, 2011, compared with the same period last year, TVA said in its quarterly report to the Securities and Exchange Commission. The lower-than-expected sales and resulting lower revenue [...] [...]
by MBJ Staff Published: February 2,2012
Tags: assets, banking, Banks, deposits, earnings, finance, financial institutions, loans, publicly traded company, revenue
NATCHEZ — Britton & Koontz Capital Corporation reports net income for the year ended Dec. 31, 2011, of $394,000, or $.18 per basic and diluted share, compared to $1.9 million, or $.90 per basic and diluted share, for 2010. Net income for the quarter ended Dec. 31, 2011, was $311,000, or $.15 per basic and [...] [...]
by Associated Press Published: January 31,2012
Tags: distribution, earnings, electricity, energy, executive team, generation, net income, power, publicly traded company, retirement, retiring, revenue, senior management, utility
NEW ORLEANS — Entergy Corporation has announced changes on its executive team following the announcement of two of its officers. Gary Taylor, group president of utility operations at Entergy Corporation, will be retiring from the company May 31. Taylor will continue to lead utility operations with a transition period to his successor, who will be [...] [...]
BILOXI — Republican Gov. Haley Barbour says Mississippi needs to be honest and transparent in its budget process. The Mississippi Press reports Barbour discussed the budget process yesterday before an audience of about 50 in Biloxi. It was the final of three farewell speeches for the two-term governor, who leaves office Jan. 10. Yesterday, Barbour [...] [...]
VICKSBURG — For a second straight month, sales tax collections in Vicksburg were up, with August receipts running 9.54 percent over 2010. Revenue to the city lags actual sales tax collections by two months. For example, receipts for April reflect taxes collected on sales in February. So far, total disbursements for the 2011 fiscal year [...] [...]
VICKSBURG — Low activity at Vicksburg’s riverboat casinos during April, May and early June forced city officials to reduce the anticipated revenue for the current fiscal year. The Vicksburg Post reports the city’s Board of Mayor and Aldermen on Aug. 15 reduced the city’s anticipated $5.5 million in revenue from the state’s 3.2 percent tax [...] [...]
HATTIESBURG — The planes haven’t been the only thing soaring lately for the Hattiesburg-Laurel Regional Airport. The modest aviation hub is projecting an increase in its total private revenue stream between fiscal year 2011 and 2012. And that will mean a $40,000 decrease in the amount of revenue supplements airport officials will ask Forrest and [...] [...]
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