Public Companies Archive

Kristi Moody Named General Counsel of Windstream

by Arkansas Business Staff 2/21/2017 11:08 am

Windstream Holdings Inc. of Little Rock appoints Kristi Moody, senior vice president and corporate secretary, as general counsel.

Dillard's Same-Store Sales, Earnings Decline For 4Q, Fiscal Year

by Lance Turner 2/21/2017 06:55 am

Dillard's Inc. of Little Rock reports a 6 percent decline in fourth-quarter same-store sales amid what its CEO called "mall traffic declines from continued retail industry challenges."

America's Car-Mart Misses 3Q Profit Forecasts

by Marty Cook 2/21/2017 06:51 am

America's Car-Mart Inc. on reports fiscal third-quarter profit of $2.8 million. CEO Hank Henderson said the company was "disappointed" with its top line for the quarter.

Wal-Mart Earnings Fall, But Online Sales, In-Store Traffic Rise

by Anne D'Innocenzio, The Associated Press 2/21/2017 06:50 am

Wal-Mart says fourth-quarter earnings fell nearly 18 percent, hurt by its investments in e-commerce and stores.

Biggest Deals in Arkansas Rise 11 Percent in 2016

by Jan Cottingham 2/20/2017 12:00 am

Both the value and the volume of mergers and acquisitions in Arkansas rose last year, with the value increasing 11 percent to $9.8 billion and the volume rising 10 percent to 92.

Transgender Bathroom Bill Draws Criticism

by Sarah Campbell 2/16/2017 10:10 am

A bill filed Tuesday that "concerns gender identity and bathroom privileges" has already been rebuked by Gov. Asa Hutchinson and the Little Rock Convention & Visitors Bureau.

Wal-Mart Buys Outdoor Clothes and Gear Seller Moosejaw for $51M

by Anne D'Innocenzio, The Associated Press 2/15/2017 10:10 am

Wal-Mart has acquired the outdoor clothing and gear seller Moosejaw for $51 million as it expands its online offerings.

Tyson Foods Announces New Leadership Team

by Lance Turner and Marty Cook 2/14/2017 02:36 pm

Tyson Foods Inc. of Springdale announces an overhaul of its leadership team, a change under new CEO Tom Hayes, who took over the meat processor on Dec. 31.

Regulators Approve Merger of Windstream, EarthLink

by Arkansas Business Staff 2/14/2017 09:08 am

Windstream Holdings Inc. of Little Rock has received all state and federal regulatory approvals required for its merger with EarthLink Holdings Corp. of Atlanta.

Sources: Wal-Mart to Combine Buys for Online, In-Store Inventory

by Nandita Bose, Reuters 2/14/2017 07:37 am

Wal-Mart Stores Inc. will combine its own buying for products sold at its stores with purchases it makes for its website — a significant move to stamp out duplicate efforts as it fights Amazon.

Arkansas Business Recognizes Finalists of 29th Annual Business of the Year Awards

by Arkansas Business Staff 2/13/2017 12:00 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards.

New CEO Tom Hayes Leads Tyson Foods' Annual Meeting

by Marty Cook 2/9/2017 12:39 pm

Just three days after reporting record first-quarter profits, Tyson Foods Inc. of Springdale held its annual shareholders meeting at the Holiday Inn Convention Center in Springdale.

In Lawsuit, Chicken Farmers Say Processors Treat Them Like Servants

by Associated Press 2/9/2017 07:34 am

Former chicken farmers have filed a federal lawsuit accusing giant poultry processing companies, including Tyson Foods, of treating farmers who raise the chickens like indentured servants and colluding to fix prices.

Wal-Mart Aims to Leverage British Arm Asda Back to Health

by James Davey, Reuters 2/8/2017 10:11 am

Wal-Mart is throwing its weight as the world's largest retailer behind its struggling British arm Asda after admitting it was too slow to respond effectively to the threat posed by the discount supermarkets.

ArcBest 4Q Net Income Drops On Restructuring Plan

by Marty Cook 2/8/2017 09:19 am

ArcBest Corp. of Fort Smith reported 2016 fourth-quarter income Wednesday of $1.58 million, down from the $5 million in the same quarter a year ago.

Driver Costs, Insurance Put Brakes on PAM in 4Q

by Marty Cook 2/7/2017 04:28 pm

PAM Transport Services Inc. of Tontitown reported fourth-quarter income Tuesday of $722,000, down from $3.2 million in the same quarter of 2015.

Inuvo Buys NetSeer, Expects 4Q Revenue Growth

by Sarah Campbell 2/7/2017 10:10 am

Ad technology and digital publishing company Inuvo Inc. of Little Rock acquires NetSeer Inc., a provider of visual monetization solutions for advertisers and publishers.

USA Truck's New CEO: Financial Results 'Unacceptable'

by Marty Cook 2/7/2017 09:41 am

USA Truck Inc. of Van Buren finished a tumultuous year, reporting its fourth consecutive quarter of declines, with its new CEO calling the logistics company's financial performance "unacceptable."

Arkansas Senate OKs Bill Forcing Amazon to Collect Taxes

by Associated Press 2/6/2017 04:36 pm

The Arkansas Senate has approved a bill aimed at forcing Amazon to begin collecting state sales taxes, a plan backed by Wal-Mart and lawmakers who say the state is missing out on $100 million in revenue.

Walton Foundation Contributes $750K to Delta Business Loans

by Arkansas Business Staff 2/6/2017 10:09 am

The Walton Family Foundation says it is partnering with Southern Bancorp Community Partners to promote economic development in the Delta with a $750,000 investment.

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