Public Companies Archive

Murphy USA to Sell CAM Pipeline for $85M; 4Q Income Down 32 Percent

by Alexis Hosticka 2/4/2016 09:24 am

Murphy USA Inc. of El Dorado on Wednesday announced fourth-quarter net income of $66.7 million, down 32 percent from $98.3 million in the same quarter in 2014.

ArcBest 4Q Income Down 66 Percent

by Arkansas Business Staff 2/3/2016 10:56 am

ArcBest Corp. of Fort Smith reported fourth-quarter income of $4.9 million, down 66 percent from the $14.5 million it reported in the same quarter of 2014.

ArcBest CEO Judy McReynolds to Replace Board Chair Robert Young

by Arkansas Business Staff 2/2/2016 03:31 pm

ArcBest Corp. of Fort Smith says President and CEO Judy McReynolds has been elected chairman of the publicly traded company's board of directors. She will replace Robert Young III, a former company CEO, who is retiring.

USA Truck 4Q Profit Up 8 Percent

by Marty Cook 2/2/2016 10:29 am

USA Truck Inc. of Van Buren on Tuesday reported fourth-quarter profit of $3.9 million, an 8 percent increase from $3.6 million in the same quarter of last year.

Murphy USA Plans for Growth Without Wal-Mart

by Joan Hershberger, El Dorado News-Times 2/1/2016 07:52 am

Murphy USA's newest direction came as the result of Wal-Mart's decision to develop its own gasoline program. But the abrupt change in the business relationship did not catch Murphy USA CEO Andrew Clyde unprepared.

Facebook Posts Raise Questions For Employers

by Mark Friedman 2/1/2016 12:00 am

The Arkansas Court of Appeals ruled in December that a woman who was fired for posting “arguably” critical comments about her employer on Facebook could receive unemployment benefits. It's the latest decision in an escalating legal war between employment and social media.

Fired Wal-Mart Worker Who Claimed Discrimination Wins $31M

by Associated Press 1/29/2016 11:55 am

A jury has awarded more than $31 million in damages to a former Wal-Mart pharmacist in New Hampshire who claimed she was wrongly fired after reporting safety concerns about co-workers dispensing prescriptions.

4Q Loss Brings Murphy Oil's Red Ink to $2.2B in 2015

by Arkansas Business Staff 1/27/2016 04:22 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a fourth-quarter loss of $587.1 million, or $3.41 per share, leading to an annual net loss of $2.2 billion, or $13.03 per share. CEO Roger Jenkins said the firm will focus on keeping operating costs low to weather low oil prices.

Wal-Mart's Shutdown Creates New Food Deserts

by Associated Press 1/27/2016 01:15 pm

An Associated Press analysis shows that the closing of more than 150 Wal-Mart stores nationwide will create three food deserts in Alabama, Kansas and Arkansas.

Murphy USA Plans for Growth Independent of Wal-Mart

by Gwen Moritz 1/26/2016 11:28 am

Murphy USA Inc. of El Dorado, the publicly traded spinoff of Murphy Oil Corp., announced Monday a "shift" in its future relationship with Wal-Mart Stores Inc. that will result in more independent gasoline retail locations.

'Better Late Than Never' (Gwen Moritz Editor's Note)

by Gwen Moritz 1/25/2016 12:00 am

Reactions were swift to Wal-Mart's recent announcement that it will promptly close 269 stores, including all 102 experimental Walmart Express locations.

New List of Shopping Centers Shows Trend

by Gwen Moritz 1/25/2016 12:00 am

In 2006, the last time Arkansas Business published a list of the largest shopping centers in the state, University Mall in Little Rock was still open and Pinnacle Hills Promenade in Rogers was the big new thing.

A Master Class in Feedback (Barry Goldberg On Leadership)

by Barry Goldberg 1/25/2016 12:00 am

Every year, aspiring singers participate in auditions for the New York Metropolitan Opera. Judges provide feedback to each of the singers. Most of the conversations were great examples of powerful feedback, delivered with skill and impact.

Labor Judge: Wal-Mart Strikes Protected Under Law

by Associated Press 1/22/2016 10:04 am

A National Labor Relations Board judge has ruled that Wal-Mart Stores Inc. unlawfully disciplined workers who staged protests in May and June of 2013 and ordered the retailer to reinstate 16 former employees, as well as give them back pay.

Simmons First 4Q Net Income Up 90 Percent

by Arkansas Business Staff 1/21/2016 11:57 am

Simmons First National Corp. of Pine Bluff on Thursday reported fourth-quarter net income of $23.9 million, up 90 percent from $12.6 million it reported in the same quarter last year.

JB Hunt 4Q Net Income Up 6 Percent

by Arkansas Business Staff 1/21/2016 11:01 am

J.B. Hunt Transport Services Inc. of Lowell on Thursday reported fourth quarter net earnings of $116.7 million, up about 6 percent from the same quarter last year.

Home BancShares 4Q Net Income Up 25 Percent

by Alexis Hosticka 1/21/2016 09:30 am

Home BancShares Inc. of Conway on Thursday announced fourth-quarter net income of $37.4 million, up 25 percent from the same quarter last year and its 19th straight quarter of record profit.

Little Rock Chamber Appoints Paul Latture as VP

by Arkansas Business Staff 1/20/2016 03:25 pm

The Little Rock Regional Chamber of Commerce announced Wednesday that Paul Latture will begin work immediately as vice president of economic development as well as executive director of the Metro Little Rock Alliance.

Wal-Mart to Give Pay Raises to Most of Its Workers

by Anne D'Innocenzio, The Associated Press 1/20/2016 01:23 pm

Most of Wal-Mart's U.S. employees will get raises as part of the world's largest retailer's previously announced commitment to invest in its workforce.

Tyson Plans $28M Expansion of North Carolina Plant

by Mark Carter 1/20/2016 10:14 am

A grant of up to $300,000 is helping Tyson Foods Inc. subsidiary Hillshire Brands upgrade its plant in Tarboro, North Carolina, adding about 100 jobs.