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Top News & Analysis Mississippi

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  • Trustmark beats Street 2Q forecasts Tuesday, 28 Jul 2015 | 6:48 PM ET

    JACKSON, Miss. _ Trustmark Corp. on Tuesday reported second-quarter net income of $30.6 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Four analysts surveyed by Zacks expected $144.2 million.

  • Hancock Holding tops 2Q profit forecasts Thursday, 23 Jul 2015 | 5:48 PM ET

    GULFPORT, Miss. _ Hancock Holding Co. on Thursday reported second-quarter profit of $34.8 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. Hancock Holding shares have declined nearly 8 percent since the beginning of the year.

  • Renasant posts 2Q profit Tuesday, 21 Jul 2015 | 5:24 PM ET

    TUPELO, Miss. _ Renasant Corp. on Tuesday reported second-quarter earnings of $15.4 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Renasant shares have increased 15 percent since the beginning of the year.

  • Unemployment rate dips slightly in Mississippi in June Tuesday, 21 Jul 2015 | 11:47 AM ET

    JACKSON, Miss.— Mississippi's unemployment rate dipped in June, but employer payrolls fell, as the state's job market sent mixed messages. Despite the improvement, Mississippi remained tied for the third-highest jobless rate among states. The figures— adjusted to cancel out seasonal changes— were released Tuesday by the U.S. Labor Department.

  • More kids live in poverty now than during recession Tuesday, 21 Jul 2015 | 11:09 AM ET
    Olivia Calhoun, 9, stands outside the Crossing in Denver, CO September 19, 2014. Olivia and her family have lived at the Denver Rescue Mission's transitional program for families, since June 2013.

    Twenty-two percent of American children were living in poverty in 2013 compared with 18 percent in 2008, according to the latest Kids Count Data Book.

  • ST. PAUL, Minn.— A new report on child welfare that found more U.S. children living in poverty than before the Great Recession belies the fanfare of the nation's economic turnaround. The report, released Tuesday from the child advocacy group the Annie E. Casey Foundation, showed some signs of slight improvement, including high school graduation rates at an all-time...

  • NEW ORLEANS, July 14- Signal International will pay $20 million to settle lawsuits alleging fraud and labor trafficking by the Alabama oil rig repair company, which brought hundreds of Indian men to work on the Gulf Coast after Hurricane Katrina, attorneys for the plaintiffs said on Tuesday. "These workers have waited seven long years for justice," Jim Knoepp,...

  • NEW YORK/ LONDON/ HOUSTON, July 9- In early May, with its legal options dwindling and investors impatient, BP Plc saw a chance to negotiate what became a $18.7 billion settlement that ended five years of litigation over the worst offshore oil spill in U.S. history. An unexpected opportunity to secure a global deal that would wipe the slate clean of hundreds of claims...

  • HOUSTON, July 2- BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history. Under the agreement with the U.S. Department of Justice and the states, BP will pay at least $12.8 billion for Clean Water Act...

  • HOUSTON, July 2- BP Plc has reached an $18.7 billion deal with the U.S government and five states to settle litigation stemming from its deadly 2010 Gulf of Mexico oil well blowout and explosion that killed 11 men and unleashed the worst spill in U.S. history. It also seeks to resolve environmental and economic damage claims by Louisiana, Mississippi, Alabama,...

  • July 2- BP Plc's agreed to pay out $18.7 billion to the U.S. government and five coastal states to settle damages claims from the 2010 Gulf of Mexico spill. The following are details of the payouts and reaction from officials in Alabama, Florida, Louisiana, Mississippi and Texas:. LOUISIANA: The hardest state because of its proximity to the spill will receive more...

  • TIMELINE-BP oil spill, litigation at a glance Thursday, 2 Jul 2015 | 10:34 AM ET

    Sept 4- BP Plc reached a $18.7 billion settlement to end five years of litigation following the 2010 Gulf of Mexico oil spill. It is the largest settlement with a single entity in U.S. history, the U.S. Department of Justice said. *April 20, 2010, RIG EXPLODES: An explosion on the Deepwater Horizon oil rig at the Macondo exploration well kills 11 workers and releases...

  • July 2- BP Plc has reached a comprehensive $18.7 billion settlement with the U.S. government and five states, a landmark deal that effectively ends years of litigation over environmental damage and human casualties caused by the 2010 Gulf of Mexico spill. Clean Water Act fines and natural resources damages, along with claims by Alabama, Florida, Louisiana,...

  • July 2- BP said it has reached an $18.7 billion settlement of damages claims from the U.S. government and five states after the 2010 Gulf of Mexico spill. BP said the agreement covered claims from the states Of Alabama, Florida, Louisiana, Mississippi and Texas and 400 local government entities. Florida's Attorney General said her state's economic damages...

  • NEW YORK, June 28- The average price of regular grade gasoline fell by nearly 2 cents over the last two weeks, the first nationwide price decline at the pumps after more than two months of steady increases, according to the Lundberg survey released on Sunday. Drivers paid an average of $2.85 a gallon, 86 cents below the average price paid at this time last year.

  • *Retailers including Amazon and Wal-Mart stop selling flag. COLUMBIA, S.C., June 23- An initiative to remove the Confederate flag from the South Carolina State House grounds picked up steam on Tuesday, a week after the massacre of nine black church members, and criticism over the emblem long associated with slavery spread to other U.S. southern states.

  • Roberts, who set up Comcast after he bought a small cable television operator in Tupelo, Mississippi in 1963, died of natural causes in Philadelphia, Comcast said in a statement. He led Comcast from its humble beginnings to a $150 billion media conglomerate. Roberts, who was chairman emeritus of Comcast's board, had spent more than five decades at the company.

  • UPDATE 1-Comcast founder Ralph Roberts dies at 95 Friday, 19 Jun 2015 | 10:57 AM ET

    Roberts founded Comcast when he bought a small cable television system in Tupelo, Mississippi in 1963, and was responsible for growing the company into a $150 billion media conglomerate. Roberts, who was chairman emeritus of Comcast's board, had spent more than five decades at the company. Roberts died of natural causes in Philadelphia, Comcast said in a...

  • HOUSTON, June 14- Leading Gulf of Mexico oil producer Shell Oil Co, the U.S. arm of Royal Dutch Shell Plc, said it was removing non-essential workers from offshore platforms as a precautionary measure ahead of a low-pressure storm system given an 80 percent chance of becoming a tropical cyclone in the next 48 hours. The U.S. National Hurricane Center has warned that...

  • June 12- Shares of Wingstop Inc, a Dallas- based chicken wing restaurant chain, rose nearly 70 percent in their market debut on Friday, valuing the company at $914 million. Wingstop, which operates over 750 "pre-jet" aviation-themed restaurants in the United States and six other countries, makes chicken wings in a dozen quirky flavors, ranging from the spiciest "...