Public Companies Archive

Fed Keeps Key Rate Unchanged; No Hint on Timing of Next Hike

by Associated Press 4/27/2016 03:12 pm

The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur.

Machen, Billings Promoted at Bear State Financial

by Arkansas Business Staff 4/27/2016 03:06 pm

Bear State Financial Inc. of Little Rock, the holding company for Bear State Bank, announced Wednesday that it had promoted James M. Machen and Sherri Billings within the bank.

No Fed Rate Hike Expected Today, But What About in June?

by Associated Press 4/27/2016 11:36 am

On this, pretty much every economist agrees: The Federal Reserve will keep interest rates unchanged when it ends its latest policy meeting Wednesday.

ArcBest's Robert Young Retires

by Marty Cook 4/26/2016 11:58 am

Robert Young on Tuesday presided over his last shareholders meeting as the chairman of the board of ArcBest Corp. of Fort Smith.

JB Hunt to Create Task Force to Study Anti-Discrimination Proposal

by Marty Cook 4/26/2016 11:19 am

J.B. Hunt Transport Services Inc. of Lowell said it would appoint a task force in response to a shareholders vote on an anti-discrimination proposal April 21.

USA Truck Renames Logistics Business As 'USAT Logistics'

by Arkansas Business Staff 4/26/2016 09:18 am

USA Truck Inc. of Van Buren on Tuesday said it has rebranded and renamed its asset-light logistics business, formerly known as Strategic Capacity Solutions, to USAT Logistics.

Deltic Reports Drop in 1Q Net Income

by Jan Cottingham 4/25/2016 04:08 pm

Deltic Timber Corp. on Monday announced net income of $400,000 in the first quarter of 2016 compared with $1.9 million for the first quarter of 2015.

Wal-Mart Reveals $1.9M Paid to UA in FY 2015

by Arkansas Business Staff 4/25/2016 12:00 am

Wal-Mart Stores Inc. revealed in its proxy statement last week that it paid about $1.9 million to the University of Arkansas in the retailer's fiscal year that ended Jan. 31.

JB Hunt Shareholders Approve Anti-Discrimination Proposal

by Marty Cook 4/22/2016 04:27 pm

A majority of shareholders of J.B. Hunt Transport Services Inc. of Lowell votes for an anti-discrimination proposal that the company's board of directors had recommended against.

Bear State Earnings Reach $3.3 Million in 1Q

by Gwen Moritz 4/22/2016 11:26 am

Bear State Financial Inc. of Little Rock, the parent company of Bear State Bank, earned $3.3 million in the first quarter of 2016, up from $2.3 million the first quarter of 2015.

Tyson Foods Names Felicia Collins VP of Corporate Communications

by Arkansas Business Staff 4/22/2016 10:00 am

Tyson Foods Inc. of Springdale has named Felicia Collins the new vice president of corporate communications, the company announced Friday.

Mike Beebe Joins Board of Home BancShares, Stock to Split in June

by Gwen Moritz 4/22/2016 07:39 am

Former Gov. Mike Beebe has been named to the board of directors of Home BancShares Inc., the publicly traded parent company of Centennial Bank that is headed by his college fraternity brother, Chairman John Allison.

Carroll County Approves Incentives for New Tyson Foods Plant

by Sarah Campbell 4/21/2016 12:37 pm

The Carroll County Quorum Court judge this week authorized incentives that will help Tyson Foods Inc. of Springdale build its first new plant in years.

Simmons First 1Q Net Income Up 170 Percent

by Lance Turner 4/21/2016 10:27 am

Simmons First National Corp. of Pine Bluff on Thursday reported first-quarter net income of $23.5 million, up 170 percent from $8.7 million in the same quarter last year.

Home BancShares 1Q Net Income Up 33 Percent

by Alexis Hosticka 4/21/2016 09:10 am

Home BancShares Inc. of Conway on Thursday announced record first-quarter net income of $41.4 million for the quarter ended March 31, a 33 percent increase compared to the same period in 2015.

At Wal-Mart, Doug McMillon's Total Pay Rises to $19.8M

by Mark Friedman 4/21/2016 08:55 am

Wal-Mart Stores Inc. President and CEO C. Douglas McMillon saw his total compensation increase 2.1 percent to $19.8 million for the fiscal year that ended Jan. 31 compared with the previous year.

Makris: Simmons First Looking at Nearby States for Expansion

by Gwen Moritz 4/20/2016 10:31 am

Simmons First National Corp., having moved into Tennessee and expanded its presence in Missouri and Kansas, is now casting eyes on more neighboring states, CEO George Makris Jr. said Tuesday night.

Wes Ward to Delve Into Cuban Relations at Agriculture Law Conference

by Alexis Hosticka 4/19/2016 11:05 am

Arkansas Secretary of Agriculture Wes Ward will speak at the Third Annual Mid-South Agricultural & Environmental Law Conference this week in Memphis.

Microsoft COO Kevin Turner to Speak at Northwest Arkansas Technology Summit

by Arkansas Business Staff 4/19/2016 10:17 am

Kevin Turner, the chief operating officer for Microsoft Corp. of Redmond, Washington, will be the keynote speaker at the 2nd annual Northwest Arkansas Technology Summit on Oct. 7 in Rogers.

UnitedHealth Ups 2016 Outlook After Surprisingly Strong 1Q

by Associated Press 4/19/2016 08:41 am

UnitedHealth hiked its 2016 forecast after the nation's largest health insurer topped Wall Street's first-quarter earnings expectations.