by Associated Press Published: May 25,2012
Tags: casinos, Conventions, entertainment, food, gambling, gaming, hospitality, hotels, lodging, meetings, nightlife, restaurants, revenues, tourism, tourists, visitors, winnings
ACROSS MISSISSIPPI — Revenue for Mississippi Coast casinos was up in April, but the take at river casinos dropped, depressing the overall revenue at the state’s gambling halls. The state’s casinos won 1.2 percent less money, with revenues falling to $187 million last month from $189.3 million in April 2011. Casinos in the Gulf Coast [...] [...]
by Associated Press Published: May 1,2012
Tags: appropriations, executive, governor, legislation, legislators, Legislature, revenues, state government, tax collections, taxes
JACKSON — Mississippi lawmakers have completed their part of the state budget process, passing a final batch of appropriations bills. The overall $5.6 billion budget is for fiscal 2013, which begins July 1. The House and Senate yesterday passed bills giving funds to the Mississippi Development Authority, the Department of Finance and Administration, and the [...] [...]
by Associated Press Published: April 27,2012
Tags: appropriations, bills, budget, lawmakers, laws, legislation, legislative, legislators, Legislature, revenues, state government, tex collections
JACKSON — Negotiators at the Mississippi Capitol say they’re close to agreeing on a $5.6 billion state budget for the year that begins July 1. House and Senate leaders were trying to work out some final details at midday today, and they were hoping to file final budget proposals by this evening. That would be [...] [...]
by Associated Press Published: March 28,2012
Tags: appropriations, budget, economy, executive, governor, recession, revenues, spending, state government, tax collections, taxes
JACKSON — Gov. Phil Bryant is revising his state budget for the year that begins July 1. In his new plan, released yesterday, the Republican no longer asks local school districts to dig into their own financial reserves to offset state funding cuts. Instead, he proposes giving elementary and secondary schools, community colleges and universities [...] [...]
by MBJ Staff Published: March 26,2012
Tags: earnings, eggs, food, input costs, manufacturer, manufascturing, profits, publicly traded company, revenues, sales
JACKSON — Cal-Maine Foods Inc., the egg seller and distributor, said today that its fiscal third-quarter profit tumbled 22 percent, weighed down by rising feed costs. President and CEO Dolph Baker said in a statement that the company expects feed costs will remain very high and volatile throughout the summer due to tight supplies of [...] [...]
by Associated Press Published: March 22,2012
Tags: casinos, Conventions, gambling, gaming, hospitality, hotels, lodging, meetings, restaurants, revenues, tourism, tourists, vacations, visitors, winnings
ACROSS MISSISSIPPI — February winnings for Mississippi’s casinos rose 2.6 percent from a year ago, only the second time in the last year that revenues have improved at the state’s 30 gambling halls. The month was aided by the leap year’s extra day, as well as Mardi Gras occurring in the month. In 2011, Mardi [...] [...]
by Associated Press Published: March 21,2012
Tags: appropriations, bill, budget, law, lawmakers, legislation, legislative, Legislature, revenues, state government, tax collections, taxes
JACKSON — Citing better-than-expected tax collections in recent months, Mississippi lawmakers are increasing the pool of money available for the state to spend during the current and coming budget years. The Joint Legislative Budget Committee voted yesterday to add about $99 million to the budget for the current year, which ends June 30, and about [...] [...]
by Associated Press Published: March 20,2012
Tags: appropriations, bills, collections, lawmakers, laws, legislative, Legislature, revenues, state budget, state government, taxes, taxpayers
JACKSON — Top Mississippi lawmakers say that because of relatively robust tax collections, they may increase the estimate of how much money the state can spend during the coming fiscal year. Yet Republican Lt. Gov. Tate Reeves said yesterday that even if the revenue estimate increases, state agencies shouldn’t expect their spending to rise. So [...] [...]
NATCHEZ — For the year ended Dec. 31, 2011, Callon Petroleum reported net income of $104.1 million or $2.70 per fully diluted share, as compared to $8.4 million or $0.28 per share for the year ended December 31, 2010. Included in net income is an income tax benefit of $67 million, primarily related to the [...] [...]
by MBJ Staff Published: February 28,2012
Tags: agriculture, chickens, earnings, feed, food, food processing, food processor, investing, investment, investors, loss, manufacturer, manufacturing, market prices, poultry, profit, publicly traded company, revenues, sales
LAUREL — Sanderson Farms Inc., for the first fiscal quarter ended Jan. 31, saw net sales of $517.8 million compared with $427.7 million for the same period a year ago. For the quarter, the poultry company had a net loss of $8.0 million, or $0.36 per share, compared with a net loss of $33.6 million, or [...] [...]