Public Companies Archive

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.

Tracy Morgan Sues Wal-Mart for Crash That Killed 1 in New Jersey

by Associated Press 7/12/2014 10:47 am

Former "Saturday Night Live" star Tracy Morgan has sued Wal-Mart over a highway crash involving one of its drivers that left him seriously injured and a fellow comedian dead.

Wal-Mart Hears Pitches for U.S.-Made Goods

by Marty Cook 7/9/2014 08:42 am

Executives with Wal-Mart met with more than 500 suppliers of manufactured goods Tuesday in its "Made in USA Open Call," a chance for manufacturers to pitch their goods to Wal-Mart buyers.

Murphy Oil to Begin Construction on New Headquarters in El Dorado

by Associated Press 7/9/2014 08:19 am

The facility will include a two-story building with a lobby and general meeting rooms connected to a five-story structure that will hold the company's offices.

Wal-Mart Takes Top Spot in Fortune Global 500

by Lee Hogan 7/8/2014 10:59 am

Wal-Mart Stores Inc. of Bentonville returned to the top of the Fortune Global 500 rankings that were released Monday.

Simmons to Donate Eudora Bank Branch to Southern Bancorp

by Gwen Moritz 7/7/2014 10:21 am

Simmons is acquiring the branch with its pending purchase of Delta Trust & Bank but is being required under federal regulations to divest itself of the additional market share in the same Federal Reserve market area as Simmons' existing Lake Village branches.

Little Rock Zone MSAs See Modest Growth

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

Employment grew modestly in the first quarter of 2014 in the Little Rock zone, according to the Federal Reserve Bank of St. Louis. The Little Rock zone includes all of Arkansas except the northeast.

Acxiom CEO Scott Howe's Salary Tops $5 Million in Fiscal 2013

by Gwen Moritz 7/3/2014 10:25 am

Howe's compensation and that of four other named executive officers was revealed a proxy statement filed with the U.S. Securities & Exchange Commission, which also announced the Aug. 7 date of the annual shareholders meeting.

No Daily Report, E-newsletters on Friday

by Arkansas Business Staff 7/3/2014 10:01 am

Arkansas Business will not send the Daily Report or weekly industry e-newsletters on Friday, the Fourth of July. Arkansas Business Publishing Group offices will be closed Friday as well, reopening on Monday. ABPG wishes everyone a happy Fourth.

Tyson Foods Moving Forward with Hillshire Deal

by Marty Cook 7/2/2014 09:34 am

Tyson Foods Inc. of Springdale announced Wednesday it had signed a definitive deal to purchase Hillshire Brands Co. of Chicago for approximately $8.55 billion.

Survey: Midwest Economy Growing

by Associated Press 7/1/2014 09:23 am

The economy in nine Midwestern and Plains states including Arkansas should continue growing steadily in the months ahead, according to a monthly survey of business leaders released Tuesday.

Pinnacle Foods Scraps Sale Plans, Freeing Tyson to Acquire Hillshire

by Associated Press 6/30/2014 04:43 pm

Hillshire Brands Co. agreed to buy Pinnacle Foods for $4.23 billion in May. But Tyson and Pilgrim's Pride went after Hillshire two weeks later, and on June 9, Hillshire accepted Tyson's $7.75 billion offer.

CEO: Wal-Mart Taught Me How To Be A Leader, Manager

by Lee Hogan 6/30/2014 09:45 am

The co-founder and CEO of SmartStar, a mobile application that teaches children life skills, says everything she knows about herself as a leader and manager was learned during a summer internship at Wal-Mart.

Trail Boosts Springdale's Downtown Effort

by Marty Cook 6/30/2014 12:00 am

The city of Springdale's master plan calling for rejuvenating its downtown is estimated to be about $20.5 million in improvements, coinciding with the opening of the Razorback Greenway trail later this year.

Wal-Mart Gives $450,000 Grant to NWA Council

by Marty Cook 6/30/2014 12:00 am

Wal-Mart Stores Inc. of Bentonville announced a $450,000 grant to the Northwest Arkansas Council on Tuesday at Pinnacle Country Club in Rogers.

Activity Picking Up at Springdale Supercenter Site

by Arkansas Business Staff 6/30/2014 12:00 am

Business activity is picking up at the site of the Walmart Supercenter that is scheduled to open in August on Elm Springs Road in Springdale.

Burgundy Book: Slight Economic Improvement in Arkansas

by Mark Carter 6/24/2014 09:07 am

According to a May survey of business leaders in the state, the near-term outlook for the Little Rock zone improved slightly.

Arkansas Business Presents the 40 Under Forty Class of 2014

by Gwen Moritz 6/23/2014 12:00 am

This week, Arkansas Business presents its 21st class of 40 Under 40 honorees. This year's honorees represent our state's geography — Pine Bluff, England, Jonesboro, Conway, Fort Smith, Rogers — and the diversity of our business community — farming, finance, medicine, academia, nonprofits.

GDP in U.S. Grows 1.8% in 2013, Arkansas Sees 2.4% Rise

by Arkansas Business Staff 6/23/2014 12:00 am

Real gross domestic product grew 1.8 percent in the United States last year, a slowdown when compared with 2012, when GDP rose 2.5 percent.