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  • First NBC Bank posts 4Q profit Friday, 30 Jan 2015 | 4:19 PM ET

    NEW ORLEANS _ First NBC Bank Holding Co. on Friday reported fourth-quarter profit of $15.3 million. The holding company for First NBC Bank posted revenue of $27.4 million in the period. First NBC Bank shares have fallen 12 percent since the beginning of the year.

  • ATLANTA— The delays and cost overruns are piling up for a new plant in Georgia that was supposed to prove nuclear energy can be built affordably. A sister project in South Carolina owned by SCANA Corp. and Santee Cooper has run into similar delays and cost pressures. The latest snag was disclosed Thursday, before Southern Co. announces its earnings next week.

  • Goodrich Petroleum cuts oil drilling in La. and Miss. Friday, 30 Jan 2015 | 12:59 PM ET

    JACKSON, Miss.— Low oil prices mean the driller that has been the most bullish on an oil region that straddles the Louisiana- Mississippi line is cutting back. Goodrich Petroleum Corp., based in Houston, said Friday that it will spend $80 million to $100 million on exploration and drilling this year, down from $150 million to $200 million it had previously projected.

  • Born in New Orleans as Dwayne Michael Carter Jr., the 32- year-old rapper said in the lawsuit that his relationship with the label has been deteriorating over the last four years, with Cash Money failing to live up to contractual promises regarding monthly accounting statements and the timely payment of profits owed to Lil Wayne. The lawsuit said the problems...

  • Iberiabank tops Street 4Q forecasts Thursday, 29 Jan 2015 | 5:09 AM ET

    LAFAYETTE, La. _ Iberiabank Corp. on Thursday reported fourth-quarter net income of $35.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. Iberiabank shares have decreased 15 percent since the beginning of the year.

  • Albemarle reports 4Q loss Wednesday, 28 Jan 2015 | 5:36 PM ET

    BATON ROUGE, La. _ Albemarle Corp. on Wednesday reported a fourth-quarter loss of $18.5 million, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. Analysts expected $648.6 million, according to Zacks.

  • Branson AirExpress to fly from Cincinnati-area airport Wednesday, 28 Jan 2015 | 2:05 PM ET

    CINCINNATI— Branson AirExpress is set this spring to start flights from the Cincinnati/Northern Kentucky International Airport to destinations including New Orleans and cities in Missouri and Mexico. They say the airline operated by Orange Air will start flights to New Orleans and to Branson, Missouri, and Cancun, Mexico, on May 7. The airline says it will...

  • House passes bill aimed at expediting natural gas exports Wednesday, 28 Jan 2015 | 11:55 AM ET

    In a 277-133 vote, the House approved a bill giving the Energy Department a 30- day deadline to authorize natural gas exports from facilities after they are reviewed and approved. While stopping short of threatening to veto the bill, White House spokesman Eric Schultz said it was "totally unnecessary." More than three dozen applications to build export...

  • NEW ORLEANS— The collapse in world oil prices claimed a casualty in Louisiana's vital energy industry Wednesday when South Africa- based Sasol announced a delay in final investment plans for a $14 billion plant that would convert natural gas into liquid fuels. The plant near Lake Charles in southwestern Louisiana was expected to create hundreds of permanent...

  • Investar posts 4Q profit Wednesday, 28 Jan 2015 | 7:42 AM ET

    BATON ROUGE, La. _ Investar Holding Corp. on Wednesday reported net income of $2 million, or 27 cents per share, in its fourth quarter. The Baton Rouge, Louisiana- based bank said it had earnings of 27 cents per share. Investar shares have increased 1 percent since the beginning of the year.

  • MidSouth posts 4Q profit Tuesday, 27 Jan 2015 | 5:15 PM ET

    LAFAYETTE, La. _ MidSouth Bancorp Inc. on Tuesday reported fourth-quarter profit of $3.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Analysts expected $24.7 million, according to Zacks.

  • WASHINGTON— Colorado's unemployment rate fell by a third. Louisiana's jumped nearly a quarter. Even Louisiana's gain masked some good news: The state added a healthy number of jobs— just not enough to keep up with population growth.

  • NEW ORLEANS— An executive for the BP subsidiary that faces billions of dollars in possible fines for the 2010 Gulf of Mexico oil spill testified Tuesday that it is uncertain whether other BP entities would step in to help pay a steep penalty. The day's first witness was Richard Morrison, regional president and chairman of the board for BP Exploration and...

  • We decided they probably would be easy to love together. So we decided to combine them. In honor of Mardi Gras, we created a muffaletta flatbread, a basic thin-crust pizza topped with all the classic ingredients of New Orleans' beloved muffaletta sandwich.

  • Home Bancorp posts 4Q profit Tuesday, 27 Jan 2015 | 6:18 AM ET

    LAFAYETTE, La. _ Home Bancorp Inc. on Tuesday reported fourth-quarter net income of $2.8 million. Home Bancorp shares have decreased slightly more than 4 percent since the beginning of the year. Keywords: Home Bancorp, Earnings Report.

  • NEW ORLEANS— A historic cemetery that may have begun the New Orleans tradition of above-ground crypts will soon be off-limits to tourists wandering about on their own because of tomb vandalism, the Catholic archdiocese that owns the property announced. Louis Cemetery No. 1 and its labyrinth of mausoleums will be restricted to relatives of the dead buried...

  • HOUSTON, Jan 27- Collapsing crude prices are confronting scores of smaller U.S. oil producers with the grim choice of either shutting older high-cost wells or burning through cash in the hope of riding out the downturn. As oil prices fell by more than half over the last six months from more than $100 per barrel, the U.S. oil industry responded by slowing its...

  • Prison operator The Geo Group will spend $312 million in cash to buy eight correctional and detention locations from the privately held LCS Corrections Services. The deal price could rise to around $350 million, if the locations meet some performance targets, Geo Group said Monday. Geo Group said the deal will immediately increase its revenues by about $75...

  • U.S. Supreme Court rejects BP executive's appeal Monday, 26 Jan 2015 | 9:41 AM ET

    WASHINGTON, Jan 26- The U.S. Supreme Court on Monday declined to hear an appeal by a former BP Plc executive who contested whether he can be charged with obstruction of Congress for downplaying the severity of the 2010 Gulf of Mexico oil spill. Prosecutors say David Rainey misled members of Congress over the amount of oil spilled in the April 2010 Deepwater...

  • "They were very prepared," said Frank Paskewich, a retired Coast Guard captain and president of Clean Gulf Associates Inc., an oil spill response cooperative. And Justice Department attorney Brandon Robers noted that his cooperative is funded by oil companies and led in part by BP. BP PLC's overall market value is $122 billion, but its lawyers have said that paying...