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Newpointe sees changes, additions

HATTIESBURG — Newpointe Shopping Center has unveiled several changes and additions at the retail complex on U.S. 98 West in West Hattiesburg. The Secret Gallery, a long time Newpointe business, is now under new management and ownership. The store is now owned and operated bythe Nicolette Company and Dr. Angie Godwin, who recently stepped down as head of the Area ...

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MSU named 'military-friendly'

STARKVILLE — A publication for U.S. service personnel is naming Mississippi State University (MSU) among the nation’s top military-friendly institutions of higher learning. Military Advanced Education is including the university in its third-annual “Guide to America’s Military-Friendly Colleges and Universities.” The listing is part of the semi-monthly publication’s upcoming November/December print and on-line editions. “Mississippi State is proud to play ...

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Barbour confirms special session for next week

Gov. Haley Barbour confirmed at the Mississippi Economic Council’s Hobnob this morning that he will call lawmakers to Jackson for a special session late next week to deal with an economic development project in the Delta. The project, Barbour said, is a $300 million advanced manufacturing deal that will crete 500 jobs. He didn’t offer any other details. Obviously, the ...

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Callon making exchange offer

NATCHEZ – Callon Petroleum Company has commenced an exchange offer for any and all of its outstanding 9.75 percent senior notes due 2010. For each $1,000 principal amount of outstanding senior notes tendered in accordance with the terms and conditions of the exchange offer, each tendering holder of senior notes will receive $750 principal amount of 13 percent senior secured ...

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JSU engineering program gets major gift

JACKSON — Entergy and the Entergy Charitable Foundation has made a $400,000 gift that will establish the Entergy Power Systems Laboratory in the School of Engineering, College of Science, Engineering and Technology at Jackson State University (JSU). It will allow JSU to offer a power systems track in the engineering program. Entergy also made a surprise, additional $100,000 award that ...

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The First's earnings rise

HATTIESBURG — The First Bancshares Inc., holding company for The First, A National Banking Association, reports net income available to common shareholders for the three months ended Sept. 30, 2009 amounted to $693,000 or $0.23 per diluted share, compared to $335,000 or $0.11 per diluted share for the same quarter in 2008. Hoppy Cole, CEO of The First, said, “We ...

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Peoples' income hurt by gaming client

BILOXI — Peoples Financial Corporation earned $974,000 in the third quarter of 2009, reversing a loss recorded in the same period last year due to non-cash charges related to an investment in preferred shares of Federal Home Loan Mortgage Company, commonly known as Freddie Mac. Net income for the third quarter of 2009 was reduced by an additional $1.875-million provision ...

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Another special session coming?

  JACKSON — Gov. Haley Barbour may call yet another special session. The reason for the call is not yet clear, however.   Speculation is that the session would focus on a major economic development project in NorthMississippi. That project could be GreenTech Automotive, a start-up Chinese automaker that has unveiled plans to build a $1-billion plant in Tunica. The ...

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Tutwiler: Mississippi's boomtown?

  TUTWILER — Tutwiler’s beer, pork rinds or plate lunches must be going like hot cakes, because the Sept. 2009 sales tax revenue of more than $6,000 is double what it was for the town last year. Tutwiler’s main businesses are two gas stations with convenience stores, a restaurant and a juke joint. Maybe the state Legislature could learn a ...

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Vitech opening regional office

RIDGELAND — Vitech Systems Group Inc., a New York City-based provider of enterprise software to group benefit and public pension funds, is opening of a new regional office in Ridgeland. This office will house a team of local employees that will service both regional and national accounts. “Vitech is pleased to become a member of the Mississippi business community, and ...

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