Public Companies Archive

UA Study: Well Connected CEOs Can Be Bad for Firms They Lead

by Arkansas Business Staff 10/20/2014 09:28 am

A University of Arkansas study suggests that the more socially connected a chief executive officer is, the less success his firm experiences.

16 Arkansas Public School Superintendent Jobs Top $200,000

by Gwen Moritz 10/20/2014 12:00 am

The list includes 247 current-year superintendents of public school districts and a few charter schools, and it ranks them by the total compensation package — salary plus benefits — paid to the superintendent of that school district in the 2013-14 academic year.

Top College Officials See Sizable Pay Raises

by Mark Friedman 10/20/2014 12:00 am

Arkansas Business reviewed the Administrator's Compensation Survey reports filed with the state Department of Higher Education for the 2010 and 2014 fiscal years. In the four-year period, the number of six-figure employees included in the report increased from 460 to 703.

Wal-Mart Plans Georgia Distribution Center to Support E-Commerce

by Associated Press 10/16/2014 11:32 am

State officials say a new Georgia distribution center planned by Wal-Mart Stores Inc. will create more than 400 jobs over the next three years. The facility will support the Bentonville-based retailer's e-commerce business.

Roy Slagle Retires as CEO of ABF Freight; Tim Thorne to Replace

by Marty Cook 10/16/2014 11:07 am

Roy Slagle retired as CEO and president of ABF Freight System Inc. on Wednesday after 37 years. ABF Freight is the largest subsidiary of ArcBest Corp. of Fort Smith. ArcBest announced Thursday that Tim Thorne would replace Slagle as ABF Freight president.

Wal-Mart Lowers Revenue Outlook for Year; Shares Drop

by Associated Press 10/15/2014 03:19 pm

Wal-Mart Stores Inc. says a tougher sales environment will hurt its revenue this fiscal year. The retailer says it expects revenue will be up 2 to 3 percent over the prior fiscal year, down from a previous estimate of 3 to 5 percent.

Smart Spending: A Spin with Wal-Mart's Savings Catcher App

by Associated Press 10/14/2014 01:21 pm

The Savings Catcher service from Wal-Mart promises to do some of that work for you on your weekly trip for bread, laundry soap and shampoo. And it succeeds, but not without a few hiccups and only if you're prepared for a wait.

J.B. Hunt 3Q Net Income Up 14 Percent

by Lance Turner 10/14/2014 10:41 am

J.B. Hunt Transport Services Inc. of Lowell on Tuesday reported third-quarter net income of $102.4 million, or 87 cents per share, up 14 percent from $89.5 million, or 75 cents per share.

The Mind of an Entrepreneur (Mitch Bettis Publisher's Note)

by Mitch Bettis 10/13/2014 12:00 am

On Oct. 24, Arkansas Business, in partnership with the College of Business at the University of Arkansas at Little Rock, is hosting another Power Breakfast executive panel.

Court Appoints Former LR Mayor Special Administrator in Scooter Stuart Case

by George Waldon 10/13/2014 12:00 am

Tom Prince, former Little Rock mayor, has entered the fray between Little Rock's One Bank & Trust and the estate of its former controlling owner and CEO, Layton “Scooter” Stuart.

Can Hewlett-Packard Survive the Tablet Trend?

by Associated Press 10/10/2014 02:16 pm

Hewlett-Packard is splitting off its PC and printing businesses. It's the latest shakeup in a tech industry that's being reshaped by the mobile revolution.

Alcoa 3Q Boosted by Higher Aluminum Prices

by Associated Press 10/10/2014 02:14 pm

Alcoa Inc. said Wednesday that third-quarter income soared as higher aluminum prices and lower costs for raw materials boosted its core primary-metals business.

FTC: AT&T to Pay $105M for Bogus Phone Charges

by Associated Press 10/8/2014 03:50 pm

AT&T wireless customers may want to take a closer look at their old phone bills because they may have money coming back to them.

Wal-Mart Cuts Health Benefits for Some Part-Timers

by Associated Press 10/7/2014 11:46 am

Wal-Mart Stores Inc. plans to eliminate health insurance coverage for some of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation's largest private employer.

Wal-Mart Plans 1-Stop Health Coverage Shopping

by Associated Press 10/6/2014 03:18 pm

Wal-Mart plans to work with DirectHealth.com, an online health insurance comparison site and agency, to allow shoppers to compare coverage options and enroll in Medicare plans or the public exchange plans created under the Affordable Care Act.

Windstream to Roll Out TV Service Called 'Kinetic'

by Michelle Corbet 10/6/2014 09:50 am

Windstream Holdings Inc. of Little Rock has partnered with Ericsson of Stockholm, Sweden, to create Kinetic, billed as a next-generation television service.

IberiaBank to Buy Florida Bank Group Inc.

by Arkansas Business Staff 10/3/2014 03:01 pm

IberiaBank Corp. of Lafayette, Louisiana, says it will buy Florida Bank Group Inc. of Tampa, Florida, in a cash and stock deal worth about $87 million.

Windstream Buys Business Only Broadband of Chicago

by Arkansas Business Staff 10/1/2014 02:38 pm

Windstream Holdings Inc. of Little Rock acquires Business Only Broadband of Chicago, a fixed wireless enterprise services provider with operations in Chicago, New York City, northern New Jersey and Milwaukee.

Windstream Names Bob Gunderman Interim CFO

by Arkansas Business Staff 10/1/2014 07:18 am

Windstream Holdings Corp. of Little Rock on Wednesday announced that Bob Gunderman has been named interim chief financial officer. Gunderman succeeds Tony Thomas, who has been named president of the real estate investment trust Windstream is creating through the spinoff of certain telecommunications assets.

Instagram CEO Joins Wal-Mart Board of Directors

by Lance Turner 9/29/2014 10:29 am

Wal-Mart Stores Inc. of Bentonville said Monday that Kevin Systrom, CEO and co-founder of mobile photo-sharing service Instagram, has joined its board of directors.