NEW ORLEANS (AP) — Many Louisiana and Mississippi companies saw gains in their stock prices Monday, riding a market wave that brought the Dow Jones industrials up nearly 936 points.
The rebound followed eight days of losses — which brought the Dow down nearly 2,400 — and resulted in its largest one-day point gain amid government plans to shore-up the global banking system.
Regionally, oil- and gas-related companies were mostly up. McMoRan Exploration Co., for example, saw its stock rise 30 percent, or $3.44, to $14.86; Tidewater Inc., a major operator of vessels serving the offshore oil and gas industry, had its stock rise 17.3 percent, or $6.34, to $43.04.
Callon Petroleum, meanwhile, was down a penny to $10.83.
On the banking side, Whitney Holding Corp. also was down, slightly — 2 cents to $18.97. Others rose: BancorpSouth Inc., holding company for BancorpSouth Bank, was up 10 percent, or $2.35, to $25.63. Iberiabank Corp. was up 12.2 percent, or $5.64, to $51.69, and Hancock Holding Co. was up 3.3 percent, or $1.57, to $49.73.
Other big gainers: Amedisys Inc., a health care company, was up nearly 15 percent, or $6.70, to $51.48. Entergy Corp., an energy company, was up 14.2 percent, or $9.69, to $77.94.
 
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