Public Companies Archive

Inuvo Sets $100M Goal For Annual Revenue

by Sarah Campbell 10/17/2016 12:00 am

Inuvo CEO Richard Howe is explicit about the company's goal: It should be posting $25 million in revenue per quarter by the fourth quarter of next year. In other words, by 2018, it should be a $100 million company.

Arkansas Cooperatives Apply Rural Electrification Model to Internet Access

by Sarah Campbell 10/17/2016 12:00 am

Ouachita Electric in Camden, North Arkansas Electric in Salem (Fulton County) and Ozarks Electric in Fayetteville plan to deliver internet via fiber optic cable to their members in the next few months.

Todd Hillman of MISO on Keeping Arkansas Within Balance of Power

by Arkansas Business Staff 10/17/2016 12:00 am

Todd Hillman is the vice president of Midcontinent Independent System Operator's south region, the company which took over the electricity transmission of Entergy Corp. in Arkansas in 2011.

USA Truck Increases Pay for Independent Drivers

by Arkansas Business Staff 10/13/2016 11:20 am

USA Truck Inc. of Van Buren announced it has raised pay for independent drivers. The changes went into effect Oct. 1 and raised pay to $1.02 to $1.35 per mile, depending on how long of a route the driver has.

Bank of the Ozarks' 3Q Net Income Up 65 Percent

by Lance Turner 10/11/2016 09:45 am

Bank of the Ozarks Inc. of Little Rock reports record third-quarter net income of $76.0 million, up 65 percent from the same quarter last year, as it completed two major bank acquisitions.

Tyson Foods Buys Ownership Stake in Beyond Meat

by Arkansas Business Staff 10/10/2016 04:59 pm

Tyson Foods Inc. of Springdale has taken a 5 percent ownership stake in plant-based protein producer Beyond Meat, both companies announced Monday.

Ray Dillon Retires from Deltic, Mark Leland Named Interim CEO

by Gwen Moritz 10/10/2016 04:36 pm

The board of directors of Deltic Timber Corp. announced Monday the retirement of Ray C. Dillon as president and CEO and elected a new director, D. Mark Leland, as interim president and CEO.

Technological Advances Key to Any Business' Success, Says Kevin Turner

by Marty Cook 10/7/2016 04:38 pm

Digital technology represents the fourth industrial revolution of the U.S., according to CEO of Citadel Securities Kevin Turner at the Northwest Arkansas Technology Summit.

Tyson Foods Shares Fall After 'Sell' Rating From Analyst

by Associated Press 10/7/2016 02:12 pm

Tyson Foods shares tumbled Friday, after a Wall Street analyst said a recent lawsuit could hurt the chicken producer.

Report: Wal-Mart Rejected Settlement with US Over Alleged Bribery

by Reuters 10/7/2016 11:33 am

Wal-Mart Stores Inc. of Bentonville rebuffed a proposal by U.S. prosecutors to pay at least $600 million to settle a corruption probe into the company's practices in markets including Mexico, India and China, Bloomberg reported.

Ecoark's Magnolia Solar Signs Agreement to Commercialize Technology

by Arkansas Business Staff 10/6/2016 03:07 pm

Ecoark Holdings Inc. of Rogers says its wholly owned subsidiary Magnolia Solar Inc. has signed a teaming arrangement with India-based InSolare Energy to bring Magnolia's solar photovoltaic technology to market.

Windstream Brings Services to 300 VA Sites

by Arkansas Business Staff 10/6/2016 02:45 pm

Windstream Holdings Inc. of Little Rock says it has connected nearly 300 Department of Veterans Affairs (VA) locations across the country within the first year of being named an authorized network services provider for the VA's National Consolidation of Local Exchange Carrier (LEC) Services Contract.

Wal-Mart Plans to Slow New Store Openings, Invest in Online

by Anne D'Innocenzio, The Associated Press 10/6/2016 06:48 am

Wal-Mart Stores Inc. is planning to slow new store openings as it looks to pour more money into its online efforts, technology and store remodels. The retailer also says it anticipates fiscal 2018 earnings per share being about flat versus its fiscal 2017 adjusted earnings per share.

Waltons Among Forbes' Top 20 Richest

by Arkansas Business Staff 10/5/2016 01:31 pm

The Walton family has fallen out of the top 10 of Forbes magazine's list of the country's 400 richest people.

Tyson Announces $1.1M in Grants, Donations to Chicago Area

by Arkansas Business Staff 10/5/2016 10:58 am

Tyson Foods Inc. of Springdale says it gave more than $1.1 million in community grants and product donations to the greater Chicago area during its 2016 fiscal year.

Tyson Foods to Pay $1.6M to Settle Hiring Charges

by Associated Press 10/4/2016 03:01 pm

Tyson Foods Inc. has agreed to pay $1.6 million to settle federal allegations of hiring discrimination at six plants in Arkansas, New Mexico and Texas.

Outdoor Giant Bass Pro to Acquire Rival Cabela's for $4.5B

by Associated Press 10/3/2016 09:16 am

Outdoor gear giants Bass Pro and Cabela's will combine in a $4.5 billion deal announced Monday.

Bank of the Ozarks Contributes to Statewide Deposit Growth

by Gwen Moritz 9/30/2016 10:11 am

Arkansas bank deposits topped $60 billion as of June 30, and Bank of the Ozarks alone accounted for more than $2 billion of $4.28 billion in new deposits.

Tyson Fresh Meats Takes On $27M Plant Expansion in Iowa

by Arkansas Business Staff 9/29/2016 03:56 pm

Tyson Fresh Meats Inc. is investing $27 million to expand production capacity at its case-ready beef and pork plant in Council Bluffs, Iowa.

Sources: Wal-Mart In Talks to Buy Stake in India's Flipkart

by Reuters 9/28/2016 09:31 am

Wal-Mart Stores Inc. is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said.