Public Companies

Walmart to Outscource Some Financial Functions to Genpact

Walmart to Outscource Some Financial Functions to Genpact

Walmart Inc. of Bentonville will transfer some of its finance and accounting employees to Genpact of New York, which will help the retailer manage some of its financial functions.
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Windstream Holdings Reports $41M in 3Q Net Income

For the first time since the second quarter of 2016, Windstream Holdings Inc. of Little Rock has swung from a loss to a profit.
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ConversionPoint to Buy Inuvo in $75M Deal

Privately held ConversionPoint Technologies Inc. of Newport Beach, California, has agreed to buy publicly traded Inuvo Inc. of Little Rock in a cash-and-stock deal worth about $75 million.
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Walmart, CVS Health Hammer Out New PBM Pharmacy Network Deal

Walmart will continue to operate through CVS Health's pharmacy benefit management commercial and managed Medicaid retail pharmacy networks. read more >

Bank OZK Beats Earnings Estimates in 4Q

Bank OZK of Little Rock announces fourth-quarter net income of $115 million, down 21 percent from the same quarter last year, when the company got a big boost from a tax reform plan approved by Congress. read more >

J.B. Hunt Misses Analysts' 4Q Earnings Expectations

J.B. Hunt Transport Services Inc. of Lowell reports fourth-quarter earnings that missed analysts estimates amid a $134 million pre-tax charge related to arbitration with BNSF Railway Co. read more >

P.A.M. Transportation Sees Strong Demand in 4Q

P.A.M. Transportation Services Inc. of Tontitown reports fourth-quarter net income of $6.1 million, down 81 percent from the same quarter last year, amid non-cash, non-operating losses associated with company investments in equity securities. read more >

Home BancShares Reports $300M in 2018 Net Income, A Record

Home BancShares Inc. of Conway reports record fourth quarter earnings of $71 million. read more >

Beer Makers, Thirsty for Growth, Push Into Cannabis Market

The makers of Budweiser, Coors and other large-scale brewers are placing their bets on cannabis as a way to fight saturated markets and shifting consumer trends. read more >

Tyson Announces Leadership Changes Following Keystone Acquisition

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Top Two Predictions (Craig Douglass On Consumers)

The top two observations are the coming proliferation in 2019 of Amazon Go and Alibaba Hema. The category is cashier-less retailing. read more >

ADT Acquires Advanced Cabling Systems

ADT Inc. of Boca Raton, Florida, will acquire Advanced Cabling Systems of North Little Rock and combine it with another of its pending acquisitions, Red Hawk Fire & Security, also headquartered in Boca Raton. read more >

Fed Minutes: Growing Risks Make Rate Hike Path Less Clear

Federal Reserve officials expressed increasing worries when they met last month, as they grappled with volatile stock markets, trade tensions and uncertain global growth. The threats, they said, made the future path of interest rate hikes "less clear." read more >

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