Public Companies Archive

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.

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.

Murphy Oil Sells 30 Percent of Malaysia Assets for $2B

by Associated Press 9/30/2014 11:36 am

Energy exploration and production company Murphy Oil said Tuesday it will sell some of its oil and gas assets in Malaysia for $2 billion. "We are excited to strengthen our partnership with Pertamina and look forward to working with them and our other partners in Malaysia," Murphy Oil's CEO said.

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.

Forrest City Financial Poised to Sell For $2.7M

by George Waldon 9/29/2014 12:00 am

The countdown to the $2.75 million sale of Forrest City Financial Corp. is nearing zero. The purchase by Cross County Bancshares Inc. of Wynne should close in October when the final regulatory approvals are expected, according to David Dowd, president and CEO of CCBI.

Wal-Mart Markets Face Opposition in Northeast Mississippi

by Associated Press 9/26/2014 09:38 am

Some Tupelo businesses and residents aren't too thrilled about the possibility of Wal-Mart Stores Inc. building three of its smaller-format Wal-Mart Neighborhood Markets in the city, but they may not be able to halt what appears to be inevitable.

Community Bankers Group Responds to Wal-Mart's GoBank Checking Accounts

by Lance Turner 9/25/2014 11:05 am

We've reported how banks have cast a wary eye at Wal-Mart's ever-expanding foray into financial services. The retailer unveiled its latest move yesterday: a mobile checking account produced in partnership with Green Dot called GoBank.

'Jobs Now' Summit Examines Growing Skills Gap

by Mark Carter 9/24/2014 07:30 am

Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce.

Wal-Mart Launching Mobile Checking Account

by Associated Press 9/24/2014 07:24 am

Wal-Mart is launching a mobile checking account for its customers that will eliminate some of the fees charged by banks.

USA Truck Names Michael K. Borrows CFO

by Lance Turner 9/23/2014 07:53 am

USA Truck Inc. of Van Buren appoints Michael K. Borrows, a former executive at Kansas City Southern and BNSF Railway, as its new chief financial officer. Borrows succeeds Clifton R. Beckham, formerly the company's CEO, who announced in August that he would leave the company.

Gary Enzor Joins USA Truck Board of Directors

by Lance Turner 9/22/2014 10:37 am

USA Truck Inc. of Van Buren says Gary R. Enzor has joined its board of directors.

Arkansas Business Presents 2014's 'The New Influentials: 20 In Their 20s'

by Gwen Moritz 9/22/2014 12:00 am

Since 2009 Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce in a feature called The New Influentials: 20 in Their 20s.

State Supreme Court Denies Alltel Motion for Arbitration

by Mark Friedman and Lee Hogan 9/18/2014 11:31 am

The Arkansas Supreme Court sided with a Saline County Circuit Court ruling and denied Alltel Corp. of Little Rock, which sold to Verizon Wireless in 2009, arbitration in a class-action case.