Home » NEWS » Public/Private Companies

Public/Private Companies

Cooper Tire reports second quarter 2020 Results

Cooper Tire & Rubber Company (NYSE:CTB) today reported a second quarter 2020 net loss of $6 million, or diluted loss per share of $0.12, compared with net income of $9 million, or $0.18 diluted earnings per share, for the same period last year. Second Quarter Highlights Global unit volume decreased 27.5 percent compared to the second quarter of 2019. The ...

Read More »

Cal-Maine: Fiscal 4Q Earnings Snapshot

Cal-Maine Foods Inc. on Monday reported fiscal fourth-quarter net income of $60.5 million, after reporting a loss in the same period a year earlier. The Jackson, Mississippi-based company said it had net income of $1.24 per share. The egg producer posted revenue of $453.3 million in the period. For the year, the company reported profit of $18.4 million, or 38 ...

Read More »

David Abney joins Northrop Grumman Board of Directors

Northrop Grumman Corporation (NYSE: NOC) announced it has elected David Abney to its board of directors. Abney, a Delta State University graduate, is the executive chairman of the UPS board of directors, and served as the chief executive officer of UPS from 2014 until May 2020. “David is an accomplished and respected business leader and is a great addition to ...

Read More »

Business, educational and religious groups throw support behind new state flag

By BECKY GILLETTE The state flag of Mississippi that incorporates an image of the Confederate battle flag has long been controversial. A voter referendum in 2001 to change the flag to something without racial overtones failed by a margin of two-to-one in a state where 37 percent of the population is black. Today, after the worldwide protests over the death ...

Read More »

Sanderson Farms remains focused on quality service

By LYNN LOFTON The current health concerns are accompanied by economic concerns as businesses remain closed and the stock market takes a beating. As the third largest poultry producer in the country and the  only Fortune 1000 company headquartered in Mississippi, Sanderson Farms has been proactively reassuring customers, bankers and investors. CEO Joe Sanderson and Vice President Mike Cockrell shared ...

Read More »

Making sense of Wall Street — UM chair of economics explains stock market situation

Jon Moen, professor and chair of the Department of Economics at the University of Mississippi, is parsing some of the financial terms zinging around the news amid the COVID-19 pandemic and offering insights into the state of Wall Street during an unprecedented plummet – one he does not believe is comparable to the Great Recession in 2008. Moen earned his doctorate from ...

Read More »

BEN WILLIAMS — An Unofficial 2020 Tesla Model 3 Review

The 2020 Tesla Model 3 clicked past 3,000 miles with the AutoSteer engaged, the Traffic-Aware Cruise Control clocking 75 mph, and Old Dominion’s One Man Band blaring from the stellar sound system. For those in the market, here is an unofficial, unsanctioned 3,000-mile review. Ordering the Model 3 The Tesla Model 3’s relatively low price, AutoPilot, liberal return policy (7 ...

Read More »

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 ...

Read More »

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 ...

Read More »