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Public/Private Companies

Markets in 2019: record stocks, lower rates, so-so IPOs

On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year’s fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be “patient” with its interest rate policy following four increases in 2018. The S&P 500 soared ...

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Asian shares advance after meager gains on Wall Street

BANGKOK — Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. Hong Kong’s Hang Seng rose 0.7% to 26,401.47, while the Nikkei 225 in Japan picked up 0.2% to 23,352.81. South Korea’s Kospi jumped ...

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Stocks fall in early trading as investors wait on trade

Stocks wobbled between small gains and losses on Wall Street in early trading Thursday as investors waited for the latest news on negotiations to end the trade war between the U.S. and China. The losses follow Wednesday’s advance on a report that Washington and Beijing could be on track for a trade deal before new tariffs are set to hit ...

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Stocks up with hopes that US-China trade deal still on track

Stocks climbed Wednesday and recouped some of their losses from prior days on hopes that a U.S. trade deal with China may be nearing, despite tough recent talk from President Donald Trump. The market has swung sharply for months on every hint of progress about talks between the world’s largest economies, and the latest flip-flop followed a report from Bloomberg ...

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Stocks fall over trade tensions, weak economic reports

Stocks fell in afternoon trading Monday on Wall Street as trade tensions flared with China’s diplomatic retaliation for U.S. support of protesters in Hong Kong. The selling accelerated after the U.S. government issued weak manufacturing and construction reports. Technology stocks were the biggest drag on the market. Many of the companies in that sector rely on China for sales and ...

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Stocks edge lower as investors listen for trade deal clues

U.S. stocks fell in early trading Friday as investors grew more uncertain about prospects for a trade deal between the U.S. and China. The market is still poised for a winning week and major indexes were just below record highs set a day earlier. Wall Street has been cheering the latest push to sign an agreement before more costly tariffs ...

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Sanderson Farms honored as Corporate Champion of Diversity

Sanderson Farms, Inc. was honored by the Women’s Forum of New York at its fifth Breakfast of Corporate Champions. The Forum, an exclusive global leadership network, hosts this biennial event to recognize companies that are actively advancing women on corporate boards. To qualify for invitation, companies must have measurably exceeded the national average of board seats held by women. Sanderson ...

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SUPER SIX — Mississippi’s companies offer an array of services

By LYNN LOFTON The top six companies — the Super Six — on the list of Mississippi’s Top 100 private companies are a diverse group. The sectors represented include petroleum refining and distributing, banking, construction, tire services and insurance. The top six are Ergon, BancPlus Corporation/BankPlus, the Yates Companyies, Southern Farm Bureau Casualty Insurance, Southern Tire Mart and Southern Farm ...

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US stocks hang close to records after mixed profit reports

U.S. stock indexes held close to their record highs following a mixed set of earnings reports Wednesday, where some big companies topped Wall Street’s expectations and others warned that the slowing global economy and trade tensions are hitting their profits. The S&P 500 flipped between small gains and losses as trading opened for the day, similar to how it’s been ...

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