Investments Archive

Inuvo 2Q Profit Flat, Revenue Down 17 Percent

by Arkansas Business Staff 7/31/2014 10:44 am

Internet marketing and technology company Inuvo Inc. of Conway reports second-quarter net income of $382,291, or 2 cents per share, flat compared to the same quarter last year.

ArcBest 2Q Profit Triples From Last Year

by Marty Cook 7/31/2014 09:45 am

ArcBest Corp. of Fort Smith reports its most profitable quarter in six years, driven by stronger performance in two of its subsidiaries, ABF Freight and Panther Premium Logistics.

USA Truck Reports First Profitable Quarter Since 2011

by Marty Cook 7/31/2014 08:59 am

USA Truck of Van Buren reported its first profitable quarter since 2011 on Thursday, bringing in net income of $700,000, or 7 cents per share. The profit came even after a tough first half of the year marked by hard winter weather and a driver shortage that continues to dog the industry.

America's Car-Mart Adds Kenny Gunderman to Board

by Marty Cook 7/30/2014 02:42 pm

America's Car-Mart Inc. of Bentonville adds Kenny Gunderman to its board of directors at the company's shareholders meeting Wednesday.

Home BancShares Announces Purchase of Another Florida Bank

by Gwen Moritz 7/30/2014 08:51 am

The parent company of Centennial Bank of Conway will pay between $33 million and $33.9 million in cash and stock for Broward Financial Holdings Inc.

Windstream to Spin Off Some Assets Into Publicly Traded REIT

by Lance Turner 7/29/2014 06:32 am

Windstream Holdings Corp. of Little Rock says it will spin off certain assets, including its fiber and copper network, into a publicly traded real estate investment trust, a move that will lower its debt by $3.2 billion.

P.A.M. Transportation Net Income Up 81 Percent

by Arkansas Business Staff 7/28/2014 11:42 am

P.A.M. Transportation Services Inc. of Tontitown reports second-quarter earnings of $4.9 million, up 81 percent from $2.7 million in the same quarter last year.

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).

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