Investments

75 Largest Private Companies in Arkansas Combine for $38.9B This article is available only in print.

75 Largest Private Companies in Arkansas Combine for $38.9B

Revenue at Arkansas Blue Cross & Blue Shield topped $2.5 billion last year, a milestone achieved by only one other company in the 30 years that Arkansas Business has been ranking private companies by revenue.
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Dillard's Touts Shareholder Returns at Annual Meeting

Between 2007-17, Dillard's Inc. has done more than $3 billion in dividends and stock buybacks, CEO William Dillard II said Saturday.
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Frank Fletcher's Way: Adapt and Serve Customers This article is available only in print.

Frank Fletcher, the CEO of a diverse empire, says his hotel, restaurants, car lots and fur store all must evolve. His company, which reported $750 million in revenue in 2017, employs about 1,000 people, a number that has steadily grown over the past 20 years.
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For CEOs, $11.7M Per Year Is Just Middle of the Pack

Chief executives at the biggest public companies got an 8.5 percent raise last year, bringing the median pay package for CEOs to $11.7 million. read more >

Car-Mart's Quarterly, Yearly Income Up

America's Car-Mart Inc. of Bentonville reported increases in fourth-quarter and annual revenue and income Monday for fiscal year 2018. read more >

Arkansas Sees 1.1 Percent Increase in GDP

Real gross domestic product grew in 47 states and the District of Columbia in 2017, averaging 2.1 percent nationally, according to the U.S. Bureau of Economic Analysis. read more >

A Sigh of Relief (Gwen Moritz Editor's Note)

Like many of Candidate Trump's promises — from a big, beautiful wall that Mexico will pay for to better health insurance for everyone at a fraction of the cost — his promise to control prescription costs was long on curb appeal and short on structure. A Potemkin drugstore, as it were. read more >

Tennessee OKs $20M in Incentives for Tyson Foods Facility

Tyson Foods Inc. will receive a state economic incentives package worth $20 million to build a new chicken production complex in Tennessee, a project that's expected to include $322 million in private investment and 1,600 new jobs within five years. read more >

Dillard's 1Q Net Income Up 21 Percent, Same-Store Sales Up 2 Percent

Dillard's Inc. of Little Rock on Thursday reported first-quarter net income of $80.5 million, up 21 percent from the $66.3 million it reported in the same quarter last year. Same-store sales rose 2 percent. read more >

Walmart Beats All Around, with Online Sales Rebounding

Walmart is reporting better-than-expected profit and revenue for the first quarter with rebounding e-commerce sales. Revenue at Walmart stores opened at least a year rose 2.1 percent, the company said Thursday, also surprising Wall Street. read more >

Tyson Foods Buys American Proteins, AMPRO Assets for $850M

Tyson Foods Inc. of Springdale said Tuesday that it will pay about $850 million for the poultry rendering and blending assets of American Proteins Inc. and AMPRO Products Inc. read more >

Two Editors Lost In a Battered Industry

The Denver Post and the Log Cabin Democrat lost splendid editors this month, both exemplars of Arkansas journalism and former newsroom colleagues of mine. read more >

Winrock's Commitment to Innovation Hub Questioned

Former employees, including the executive director who resigned in February, fear the Arkansas Regional Innovation Hub is bound for financial failure two years after merging with Winrock International, but Winrock insists the doomsayers don't know what they are talking about. read more >

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