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BancorpSouth Q2 earnings highest since 2008

  Daily Journal TUPELO – BancorpSouth Inc. notched its most profitable quarter in seven years, posting second-quarter earnings of $39.7 million, or 41 cents a share. The results were 6 cents higher than consensus estimates, but revenue of $181.62M, while 5 percent better than a year ago, missed estimates by $1.73 million. Still, the EPS for the quarter ended June ...

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Amerigo alums making mark as independent restaurant group

By TED CARTER Call them the four Amerigos. A partnership formed at Amerigo years ago has led David Conn, Doug Hogrefe, Ben Brock and Paul Schramkowski to create a casual dining enterprise on track to reach sales of $30 million annually, pay off its debt and open two additional restaurants in the fall. They seek simplicity over complex market analyses, preferring ...

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Local restaurant group achieving success in a flat market

By TED CARTER Based on distress their independent counterparts nationally are enduring, the partners who own Amerigo,  Char and several other casual dining restaurants in metro Jackson as well as Memphis and Nashville should be looking around for lifeboats. Instead, the partners are seeing double-digit revenue growth and preparing to expand their restaurant holdings in Jackson and Nashville. They are doing ...

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Biloxi settles with BP for $4.9 million

BILOXI — The city of Biloxi is accepting $4.9 million from BP as part of a group settlement of local government claims for economic losses caused by the 2010 BP oil spill in the Gulf of Mexico. Last week, BP and five coastal states announced a deal to provide $18.7 billion in new money to the states. The company said ...

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USM enrollment drops 1,400 in 3 years; $5.9M in budget cuts

HATTIESBURG — The University of Southern Mississippi has seen enrollment drop nearly 9 percent since 2011, forcing campus-wide budget cuts for the coming fall. The Hattiesburg American reports that enrollment fell from nearly 16,200 in fall 2011 to less than 14,800 in fall 2014. Douglas Vinzant, vice president for finance and administration, says state appropriations used to play a bigger ...

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