Public Companies Archive

Simmons Name Appears on Arkansas' Tallest Building

by Gwen Moritz 4/16/2014 11:02 am

The new logo of Simmons First National Bank appeared over the weekend on the south side of Little Rock's tallest building, an installation timed specifically so that a photo of the high-profile branding could be shown at the Simmons First National Corp. annual shareholders meeting.

Deadline to Nominate for Arkansas Export Awards is April 30

by Mark Carter 4/16/2014 09:46 am

The awards honor Arkansas businesses that excel in the international marketplace, and will be presented at a Governor's Mansion luncheon on May 22. All Arkansas companies that sell in international markets are eligible to be nominated.

Winter Weather Chills Profit at J.B. Hunt

by Lance Turner 4/14/2014 08:46 am

J.B. Hunt Transport Services Inc. of Lowell reported a 6 percent decline in first-quarter profit, as harsh winter weather disrupted rail and trucking operations.

13 Lenders Produce ROE Of More Than 13 Percent

by George Waldon 4/14/2014 12:00 am

A baker's dozen of Arkansas banks generated returns on equity that topped 13 percent during 2013. Positioned No. 1 among this profitable group is Riverside Bank, headquartered in Little Rock but chartered in Sparkman (Dallas County).

Judge Refuses to Halt Wal-Mart Proxy Distribution

by Associated Press 4/13/2014 07:32 am

A federal judge in Delaware refused on Friday to issue an injunction prohibiting Wal-Mart from sending its annual proxy statement to shareholders because it doesn't include a Manhattan church parish's proposal for a shareholder vote involving gun sales.

Knight's Takeover Attempt Behind It, USA Truck Will End 'Poison Pill' Plan

by Marty Cook 4/10/2014 10:53 am

USA Truck of Van Buren says it will end its shareholders rights plan at the end of business Friday. The publicly traded trucking company adopted the plan in November 2012 to protect itself from hostile takeover bids while the company attempted a turnaround.

Wal-Mart and Wild Oats Unveil Cheaper Organic Line

by Associated Press 4/10/2014 10:01 am

Wal-Mart is using its massive size to drive down the price of organic food items from tomato paste to chicken broth to make them more affordable for its low-income customers.

Jobless Rates Fall in All Arkansas Metros

by Mark Carter 4/9/2014 09:11 am

Unemployment rates dropped year over year in all seven Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, according to data released Wednesday.

Wal-Mart to Expand Wholesale Outlets in India

by Associated Press 4/8/2014 09:00 am

Wal-Mart Stores Inc. says it will open 50 more wholesale stores in India over the next four to five years, adding to the current total of 20 in the country.

Nontraditional Benefits, Unusual Perks Growing In Popularity

by Luke Jones 4/7/2014 12:00 am

Increasingly, companies are looking to offer benefits that fall outside the normal range: flexible hours, paid lunches, ice cream on Fridays. These perks might not be mentioned in the company handbook, but they're becoming more important in attracting a new generation of employees and keeping the old ones.

Government, Wal-Mart, Tyson Foods Remain Atop Largest Arkansas Employers List

by Marty Cook 4/7/2014 12:00 am

The names of Arkansas' largest employers remain mostly unchanged from a year ago — and every year. State government is still atop the list with nearly 57,000 employees.

Apple Car: A Ripening Idea (Craig Douglass On Consumers)

by Craig Douglass 4/7/2014 12:00 am

The Tesla Model S electric car costs $70,000. The Apple iPhone 5s costs from $199 to $399, depending on the gigabyte storage. But they both use lithium-ion batteries. And that may be the common denominator linking the two companies.

AT&T's Larry Evans On What $1 Billion in Arkansas Can Buy

by Arkansas Business Staff 4/7/2014 12:00 am

Larry Evans oversees sales and operations for about 1,100 AT&T employees, 60 AT&T-owned retail locations and 430 retail partners in Arkansas and Oklahoma

Dillard's 2013 Ad Buys from Stephens Media Companies Slip in Arkansas

by Arkansas Business Staff 4/7/2014 12:00 am

In 2013, Dillard's Inc. of Little Rock spent $3.91 million for advertising to media companies associated with Little Rock investor Warren Stephens.

Mountain Valley Spring Water IPO Plans Go Dry

by Arkansas Business Staff 4/7/2014 12:00 am

Though Mountain Valley Spring Water of Hot Springs was acquired last month, its plans for an initial public stock offering are officially off the table.

Labeed Diab Replaces John Agwunobi as Head of Wal-Mart's Health & Wellness Division

by Arkansas Business Staff 4/7/2014 12:00 am

Dr. John Agwunobi, who joined the Bentonville retailer in 2007 as president for the professional services division in the U.S., departed late last month. Agwunobi's replacement is Labeed Diab, whose title is senior vice president and president for health and wellness. Diab had been senior vice president for Wal-Mart U.S.'s Midwest Division.

Murphy Oil Considers Closing UK Refinery

by Luke Jones 4/4/2014 10:52 am

Murphy Oil Corp. of El Dorado has announced that it was "entering into a period of consultation" regarding the future of its crude oil refinery in Milford Haven, Wales, implying that the refinery may cease operation following the failure of Murphy to sell it.

US Employers Add 192k Jobs; Rate Stays at 6.7 Percent

by Associated Press 4/4/2014 08:50 am

U.S. employers added jobs at a solid pace in March and hired more in January and February than previously thought. Friday's government report sent a reassuring signal that the economy withstood a harsh winter that had slowed growth.

New Charges Filed Against Andrew T. Melton

by Gwen Moritz 4/2/2014 07:52 pm

The former CFO of ThermoEnergy Corp., who was indicted on 12 counts of mail fraud more than a year ago, was charged Wednesday with five additional counts of employment tax fraud.

Dillard Family Members Paid $19 Million in 2013

by Gwen Moritz 4/2/2014 04:30 pm

2013 was not as lucrative as 2012 for the family that controls Dillard's Inc., but eight members of the Dillard family had compensation packages that totaled more than $19 million, according to the annual proxy statement released Wednesday.