Investments Archive

Tyson Foods 3Q Profit Climbs 4.4 Percent, Will Sell Chicken Business in Brazil, Mexico

by Marty Cook 7/28/2014 07:22 am

Tyson Foods Inc. of Springdale, reporting a record third-quarter profit and the sale of new stock and other equity, also said it is selling poultry operations in Brazil and Mexico in order to help pay for its acquisition of Hillshire Brands Co. of Chicago.

A Closer Look: Arkansas Unemployment and Employment

by Arkansas Business Staff 7/28/2014 12:00 am

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently.

CapRocq Takes Ownership Of Village on the Creeks (NWA Real Deals)

by Marty Cook 7/28/2014 12:00 am

The Village on the Creeks was transferred for no consideration from VOC Ltd. of Rogers to CapRocq VOC LLC of Little Rock on July 14.

Big River Steel's John Correnti on Government's Role in Private-Sector Projects? 'Stay Out'

by Arkansas Business Staff 7/28/2014 12:00 am

John Correnti, chairman and CEO of Big River Steel LLC, has more than 40 years of experience in the steel industry. Big River Steel, a $1.3 billion project, is being built in Mississippi County near Osceola. It's expected to employ more than 525 workers with average yearly compensation of $75,000.

Arkansas Business Presents the 2014 Power List

by Gwen Moritz 7/28/2014 12:00 am

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks.

Warren Stephens Bets on Britain's Bathstore

by Arkansas Business Staff 7/28/2014 12:00 am

Warren Stephens, whose wealth Forbes put at $2.6 billion as of Thursday and who appears on our Power List, made a splash earlier this month in the United Kingdom with his backing of a management buyout of Bathstore.

Deltic Timber 2Q Net Down Against One-Time Gains

by Arkansas Business Staff 7/23/2014 04:52 pm

Deltic Timber Corp. of El Dorado reports second-quarter net income of $5.3 million or 42 cents per share, down 53 percent from the same time last year.

Home BancShares Raises Quarterly Dividend 33 Percent

by Arkansas Business Staff 7/21/2014 11:21 am

Home BancShares Inc. of Conway raises its quarterly dividend 33 percent to 10 cents per share.

Bank of the Ozarks Responds to 'Say on Pay' Vote

by Gwen Moritz 7/21/2014 12:00 am

Say-on-pay votes are not binding in the first place, and the vast majority pass, but say on pay is having an impact even for companies whose compensation packages get voter approval, and a perfect example is in Little Rock: Bank of the Ozarks Inc.

NLR Sports Memorabilia Dealer John Rogers Sued for Missed Payment

by George Waldon 7/21/2014 12:00 am

A dispute over the $1.35 million acquisition of a treasure trove of historic Major League Baseball images recently took the field in Pulaski County Circuit Court. The heir and former keeper of the famed George Burke & George Brace Collection of photographic negatives sued North Little Rock businessman John Rogers and his Sports Card Plus Inc.

Wal-Mart Execs Naturally Dominate List of Executive Compensation

by Gwen Moritz 7/21/2014 12:00 am

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon.

Proposal Would Raise Arkansas' Minimum Wage Rate

by Arkansas Business Staff 7/21/2014 12:00 am

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly.

Lessons Learned (Editorial)

by Arkansas Business Editors 7/21/2014 12:00 am

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints).

Promenade at Chenal Parcel Purchased by Indiana Developer

by Arkansas Business Staff 7/21/2014 12:00 am

A new outparcel development at The Promenade at Chenal in west Little Rock was purchased by an Indiana thrift for $1 million.

Home BancShares Completes Purchase of Florida Traditions Bank

by Lance Turner 7/17/2014 02:01 pm

Home BancShares Inc. of Conway, the parent company of Centennial Bank, completes its previously announced acquisition of Florida Traditions Bank.

Simmons First National 2Q Profit Up 50 Percent

by Lance Turner 7/17/2014 09:10 am

Simmons First National Corp. of Pine Bluff reports a 50 percent rise in second-quarter profit, part of what CEO George Makris called a "landmark quarter" for the fast-growing financial holding company.

Another Record: Home BancShares' 2Q Profit Up 60 Percent

by Lance Turner 7/17/2014 08:30 am

Home BancShares Inc. of Conway reports second quarter profit of $28.4 million or 43 cents per share, another record and a 60 percent increase from the $17.7 million or 31 cents per share it reported in the same quarter last year.

J.B. Hunt Quarterly Profit Rises 6.5 Percent to $93.4M

by Marty Cook 7/15/2014 08:37 am

J.B. Hunt Transport Services Inc. of Lowell reports second-quarter profit of $93.4 million, or 79 cents per share, up 6.5 percent from $87.7 million, or 73 cents per share, in the same quarter last year. But CEO John Roberts III cited a "difficult driver recruiting environment" that has challenged growth.

Bank of the Ozarks 2Q Earnings Up 30 Percent

by George Waldon 7/14/2014 04:51 pm

Bank of the Ozarks Inc. of Little Rock today reported second quarter net income of $26.5 million, a 29.9 percent increase compared to 2013, and net income for the first two quarters was up more than 28 percent. CEO George Gleason noted recent acquisitions but said it's the company's "ability to organically grow our portfolio of high quality, good yielding loans and leases" that have been even more important.

Sources Say Former CJRW Employee Still Waiting for Stock Payout

by Arkansas Business Staff 7/14/2014 12:00 am

The Arkansas Democrat-Gazette's July 6 article catching up on the transitions underway at Cranford Johnson Robinson Woods touched on the touchy topic of the advertising agency's employee stock ownership plan. Several executives who have departed in recent years still have ownership in the company through the ESOP.