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Public/Private Companies

Stocks rise after US deal with Mexico; car companies rise

U.S. stocks moved broadly higher in early trading Monday on Wall Street after the U.S. and Mexico averted a trade war and potentially damaging tariffs, while several companies inked billion-dollar deals. The solid opening follows the strongest week for stocks since November. U.S. President Donald Trump suspended plans to impose tariffs on Mexican goods after the nations managed to strike ...

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EastGroup jumps up to S&P MidCap 400 Index

Ridgeland industrial real estate investment trust EastGroup Properties Inc. is the newest listing on the S&P MidCap 400 Index, S&P says. The listing of EastGroup Properties (NYSE: EGP) will be under the Standard and Poor’s says MidCap 400 Global Industry Classification Standard Industrial REIT’s Sub-Industry index. Elevation from the S&P SmallCap 600 comes after multi-year growth in developing warehouse distribution ...

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Forbes names Sanderson Farms among America’s Best Employers

Sanderson Farms, Inc., has been named one of America’s Best Employers by Forbes magazine. Sanderson Farms, the nation’s third largest poultry producer, employs nearly 500 people at its Flowood facility, which processes over 2 million pounds of poultry per week. The 2019 America’s Best Employers list ranks the top 500 employers in the U.S. across 25 different industries and markets. ...

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An Approaching Presence: EastGroup 7th among U.S. REIT money makers

By TED CARTER mbj@msbusiness.com Sustained success leasing 42 million square-feet of warehouse distribution space in fast-growing Sun Belt markets has made Jackson real estate investment trust EastGroup Properties one of the nation’s best bets for a strong return on a REIT investment, rankings show. The enterprise that Jackson real estate investor Leland Speed established nearly 30 years ago has reached ...

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Industry expects little sales impact from JAMA study linking egg consumption to cardiovascular disease

By BECKY GILLETTE mbj@msbusiness.com Cal-Maine Foods, Inc., the largest producer of shell eggs in the U.S., sold approximately 1,037.7 million dozen shell eggs in fiscal 2018, representing about 20 percent of the domestic egg production. But how will sales of eggs from Cal-Maine Foods and other suppliers be affected by a report March 19 in the Journal of American Medicine ...

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Callon Petroleum says it plans to relocate its official HQ

Callon Petroleum says it’ll move its official headquarters to Houston, but that dozens of employees based in a Mississippi city would remain rooted there.The company announced Tuesday that the more than three-dozen Natchez-based Callon employees would stay firmly rooted in the city. Callon CEO Joe Gatto tells the Natchez Democrat that the decision to officially move the corporate headquarters provides ...

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Sanderson Farms, Inc. names Edith Kelly-Green to Board of Directors

Sanderson Farms, Inc. announced that Edith Kelly-Green was elected to the Company’s Board of Directors, effective September 20, 2018. She will serve as a Class B director until the annual meeting of shareholders in 2019 and will, if re-elected at that meeting, serve for a term expiring in 2021. Kelly-Green is a partner in The KGR Group, whose primary interests ...

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C Spire Cloud Metro Edge service wins top cloud computing industry award

The managed services unit for C Spire, a diversified telecommunications and technology services company, has won a national cloud computing industry award for expansion of its Cloud Metro Edge services across most of the Midwest and Southeastern regions of the U.S. C Spire was one of 21 cloud-based firms across the country honored by Cloud Computing Magazine and TMC for ...

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