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Tag Archives: Wall Street Journal

BancorpSouth’s stalled acquisitions may signal new hurdles to bank M&A nationally

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  By TED CARTER Bankers nationwide worry that regulators have significantly raised the bar for merger-and-acquisition approvals after regulatory snags caused back-to-back delays in BancorpSouth’s acquisitions of banks in Louisiana and Texas. The Wall Street Journal noted in its MoneyBeat column July 1 that while the two deals are relatively small, “the delay is notable because it may play into bankers’ ...

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READY TO ROLL — House building on verge of breakout in Mississippi

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By JACK WEATHERLY  The housing market in the Jackson area and across the state is in the first phase of a rise in construction. Residential permits in Mississippi for one- and two-unit dwellings rose 15.7 percent for the first four months of 2015 compared with the corresponding period last year, according to the U.S. Census Bureau on Wednesday. Several factors ...

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Mississippi oil workers feeling effects of price downturn

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By JACK WEATHERLY  Rosemary Smith built her oilfield rental business from the ground up over 30 years. And the foundations of her R&R Rentals and Hotshot Inc. have been shaken twice since then. In 2008, crude oil started the year at $92 a barrel, spiked to nearly $150 in July — due in part to speculation fueled by fears that ...

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PHIL HARDWICK: Which should a business value most: employees, stockholders, customers or products/services?

If  you, a business owner, had to choose, which of the following would you place more emphasis on: Employees, stockholders/investors, customers or products/services? It’s tempting to say that all are equally important. But what if I told you that those companies that value employees more are more successful? At least, that is what the evidence suggests. From 1997 – 2013 ...

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DAVID DALLAS: The good governor gambles on poverty

Mississippi continues to suffer a Catch-22 Poverty Problem. The state cannot combat poverty without sustainable jobs. Industries that could provide those jobs are choosing not to invest their money in Mississippi because we have a Poverty Problem along with the consequent poor schools and ill-prepared workers. According to recent data the problem is getting worse. A Wall Street Journal report has ...

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Rothenberg to address Delta 1000 during Delta Council event

The Mississippi Delta’s lead economic development organization is bringing in a noted political pundit to address members during its annual meeting. Stu Rothenberg, widely recognized political analyst, will address Delta 1000 members at the May 30 Delta Council Annual Meeting in Cleveland. “Stu Rothenberg has become a staple at Delta Council meetings because his many friends and admirers in the ...

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Chris McDaniel responds to radio show audio clip

JACKSON — A Republican U.S. Senate challenger in Mississippi said Friday that the incumbent’s camp is “showing signs of desperation” by criticizing things he said while hosting a conservative talk radio show several years ago. Tea party-backed Chris McDaniel is challenging six-term incumbent Thad Cochran, a former Senate Appropriations Committee chairman, in the June 3 primary. » READ MORE: CRAWFORD: Cochran ...

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Carter: Miss. played as chump as Amazon takes tax-free ride

Amazon.com is clearly in a bind as states grow more eager to tax the online sales of the world’s largest cyber retailer. That makes it difficult to understand why Mississippi doesn’t stop digging through the couch cushions for loose change when it instead could get in line for a well deserved payday. If nothing else, Mississippi could leverage some jobs ...

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The mild winter: 2012’s economic powerhouse

What has had the biggest influence on business so far in 2012?  One strong contender was the mild winter. The recent weather was given some of the credit for improving the employment situation for January and February in a USA Today report, which said, “The nation’s mild winter has added thousands of jobs this year, boosting crucial businesses such as ...

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Here we go again: Another big down day for Dow

NEW YORK — Just when Wall Street seemed to have settled down, a barrage of bad economic reports collided with fresh worries about European banks Thursday and triggered a global sell-off in stocks. The Dow Jones industrial average fell 419 points — a return to the wild swings that gripped the stock market last week. Stocks were only part of ...

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