Public Companies

PAM Transport 1Q Income Down 46 Percent
Dan Cushman

PAM Transport 1Q Income Down 46 Percent

PAM Transport Services Inc. of Tontitown reported first-quarter income of $2.9 million, down from $5.4 million in the same quarter a year ago.
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ArcBest Swings to $6M 1Q Loss, Cites 'Sluggish' Manufacturing

ArcBest Corp. of Fort Smith on Friday reported a first-quarter net loss of $6.1 million, or 24 cents per share, down from net income of $700,000, or 3 cents per share, in the same quarter last year.
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Murphy Oil Subsidiary Sells Alberta Sands to Suncor Energy for $744M

Murphy Oil Corp. of El Dorado announced Wednesday evening that its Canadian subsidiary has agreed to sell oil sands properties in Alberta to Suncor Energy for about $744 million. CEO Roger Jenkins said the deal will "further place our focus in North America on our unconventional assets" and help the company's balance sheet.
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Inuvo Bumps Up CEO's Pay, Reports 1Q Revenue Increase

Inuvo Inc. CEO and other executive see more total compensation for 2015, according to the company's annual proxy statement. The Little Rock firm also reports 40 percent jump in first-quarter revenue. read more >

Two AERT Executives See Total Compensation Decline

Two of the three named executive officers at Advanced Environmental Recycling Technologies Inc. of Springdale saw their compensation packages decline from 2014 to 2015, according to the company's most recent proxy. read more >

Wal-Mart Brings Back Greeters at the Store Door

The nation's largest retailer says in a blog post this week that it's bringing back door greeters to a majority of its more than 5,000 stores by mid-summer to improve customer service. read more >

Tyson Foods Breaks Ground on Incubation Center in Springdale

John Tyson, chairman of Tyson Foods Inc., and Springdale Mayor Doug Sprouse broke ground Thursday on the future site of a $31 million incubation center that will deliver hatching operations for the company's broiler chicken business. read more >

Windstream Reports $232M 1Q Loss on Impairment Charge

Windstream Holdings Inc. of Little Rock reports a first-quarter loss of $232 million, or $2.52 per share, down from a net income of $5 million, or 5 cents per share, in the same quarter last year. read more >

Expenses Drive USA Truck to $1.8M 1Q Loss

USA Truck Inc. of Van Buren on Thursday reported a first-quarter loss of $1.8 million, a decrease from the $1.6 million profit it reported in the same quarter of 2015. read more >

Murphy Oil Reports 1Q Loss of $198M

Murphy Oil Corp., which announced a sale of oil sands assets in Canada a week earlier, on Wednesday reported a preliminary loss of nearly $200 million for the first quarter of 2016. It also announced a 20 percent workforce reduction. read more >

CS&L Completes $409M Deal for PEG Bandwidth

Communications Sales & Leasing Inc. of Little Rock has completed its $409 million acquisition of PEG Bandwidth LLC, a telecommunications infrastructure provider. read more >

International Paper to Buy 7 Pulp Mills from Weyerhaeuser

International Paper said it is paying $2.2 billion to buy seven mills from Weyerhaeuser that make pulp used in diapers, tissues and other consumer products. read more >

US Employment, Earnings Gains Rose in March

The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose. read more >

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