MidSouth Bancrop has been named to the Russell 3000 Index. The Lafayette-based bank is entering the prestigious R3KI for the first time, based on the index’s final reconstitution on June 26. Launched in 1984, the index measures the market capitalization of 3,000 of the largest and most liquid companies in the country.
“It does not surprise me that MidSouth Bank’s strength in the marketplace would be recognized by this respected and unbiased source, but this is more than welcome news for our bank,” MidSouth Bank President and CEO Rusty Cloutier said to The Wall Street Journal’s Market Watch. “Across all levels of the bank, we were quite excited to get this news.”
There will soon be a whole lot of shakin’ going on at Benny’s Sportshack Supplement Depot, a new concept by Opelousas native Benny Nele. Located at 2002 Johnston St., the supplement shop, smoothie bar and café, featuring hot off the press paninis and wraps, plans to open in late May.
Philip deMahy Sr., a once respected New Iberia ad exec, was sentenced May 2 to spend the next two years (he faced up to 100 years) in a state penitentiary after state and federal investigators found dozens of images depicting children engaged in lewd sexual acts on his personal computer.