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Board authorizes sale of company that owns Silver Slipper Casino

BAY ST. LOUIS — The board of directors of Full House Resorts Inc., which owns the Silver Slipper Casino in Bay St. Louis, has authorized management to initiate a process for the sale of the company. After its evaluation of strategic alternatives, the Las Vegas-based company said the board determined that pursuing a sale of the company is the best ...

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Caterpillar to hold shareholders meeting in Mississippi

CORINTH — Officials and stockholders of the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives will be heading to Mississippi this summer. Peoria, Ill.-based Caterpillar Inc. will conduct its 2014 annual meeting of stockholders June 11 beginning at 8 a.m. in Corinth. The proxy statement containing the meeting details ...

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Trustmark Corp. sees gain in quarterly profit

JACKSON — Regional bank Trustmark Corp. says profit in 2013’s fourth quarter rose 1 percent from the same three months of 2012, as the company worked to increase efficiency after its takeover of the former BancTrust Financial Group. Trustmark posted quarterly profit yesterday of $28 million, or 42 cents per share. That compares to $27.7 million, or 43 cents per ...

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BancorpSouth increases dividend for first time in two years

TUPELO — The BancorpSouth Inc. board of directors has declared a quarterly cash dividend of $0.05 per common share, which is a $0.04 per share or 400 percent increase over the company’s previous quarterly dividend payment of $0.01 per common share. The dividend is payable Oct. 1 to shareholders of record at the close of business on Sept. 13. The ...

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Southern Co. shareholders to feel losses from Kemper plant

KEMPER COUNTY — Southern Co. shareholders will absorb $450 million in losses incurred while building a new coal-fired power plant in Mississippi, raising the total write-offs on the construction project to nearly $1 billion, utility officials said today. The utility announced the pre-tax write-off on its massive project in Mississippi’s Kemper County before releasing its second-quarter earnings Wednesday. Company officials ...

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Class-action lawsuit brought over Eaton-Frisby litigation

JACKSON — Bernstein Liebhard, LLP, of New York, has commenced a class-action lawsuit in the United States District Court for the Northern District of Ohio on behalf of a class of purchasers of Eaton Corporation common stock between August 2, 2009, and June 4, 2012. The complaint alleges that Eaton issued false and misleading statements concerning its executives’ involvement in ...

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