Public Companies Archive

Wal-Mart Buys Online Clothing Seller ModCloth

by Associated Press 3/17/2017 03:21 pm

Wal-Mart has bought trendy clothing seller ModCloth, part of a big push to pick up smaller online brands as it tries to make headway against Amazon.

Governor Appoints Arkansas CEOs to Study State's Computer, Data Sector

by Arkansas Business Staff 3/17/2017 10:19 am

Gov. Asa Hutchinson forms a blue ribbon commission to study how to grow the state's computer science and data analytics sector. The 19-member commission is co-chaired by Acxiom Corp. founder Charles Morgan and Arkansas Economic Development Commission Executive Director Mike Preston.

Executive Upheaval Continues At USA Truck

by Marty Cook 3/17/2017 08:44 am

Another top executive, Martin Tewari, is leaving USA Truck Inc. of Van Buren.

Pay for Murphy USA CEO Andrew Clyde Hits $6.2 Million for 2016

by Kyle Massey 3/16/2017 09:52 am

An improved bottom line in 2016 led to slightly bigger paychecks for top executives at Murphy USA Inc. of El Dorado, including CEO Andrew Clyde.

Arkansas Bill Allows Companies to Sue Over Secret Videos

by Kelly P. Kissel, The Associated Press 3/15/2017 03:51 pm

The Arkansas Senate has approved a bill that would let companies sue anyone, including employees, if they share a secretly made videotape aimed at harming a business owner. The bill was set up to target agricultural practices but opponents say it goes too far and could threaten nearly all whistleblowers.

Most Simmons First Executives See Pay Drop in 2016

by George Waldon 3/15/2017 08:28 am

George Makris Jr., 60, chairman and CEO of Simmons First National Corp., received total compensation of more than $2.4 million during 2016 — almost 22.4 percent lower than 2015.

Nominate by Friday for Arkansas Business 40 Under 40

by Arkansas Business Staff 3/14/2017 11:14 am

Arkansas Business is seeking nominations for its 40 Under 40 program, which recognizes 40 professionals under the age of 40 who excel in their profession and are leaving their mark on the Arkansas business and nonprofit community.

ArcBest CEO, Executives See Annual Compensation Declines

by Sarah Campbell 3/14/2017 09:58 am

ArcBest Corp. CEO Judy McReynolds made $1.61 million in 2016, almost 30 percent less than the $2.26 million she made in 2015, the company reported in its annual proxy statement.

Bank of the Ozarks CEO's Pay Up 5 Percent in 2016

by George Waldon 3/13/2017 11:00 am

George Gleason, 63, chairman and chief executive officer of Little Rock's Bank of the Ozarks Inc., received total compensation of $6.2 million during 2016.

Tennessee Farm Working With Tyson Foods Finds Bird Flu

by Jo Winterbottom, Reuters 3/6/2017 09:59 am

A strain of bird flu has been detected in a chicken breeder flock on a Tennessee farm contracted to U.S. food giant Tyson Foods Inc., and the birds will be culled to stop the virus from entering the food system.

Yellen Signals the Fed Will Likely Raise Rates This Month

by Associated Press 3/3/2017 03:07 pm

Federal Reserve Chair Janet Yellen signaled Friday that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target rate.

Home BancShares Leader Gets Pay Boost in 2016

by Lance Turner 3/3/2017 11:14 am

Home BancShares Inc. Chairman Johnny Allison received a $3.6 million compensation package in fiscal 2016, up from $2.8 million in the previous year, according to the company's proxy statement.

IberiaBank to Buy Sabadell United In $1B Deal

by Arkansas Business Staff 3/1/2017 11:34 am

IberiaBank Corp. of Lafayette, Louisiana, agrees to buy Sabadell United Bank N.A. from Banco de Sabadell S.A. of Barcelona in a stock and cash transaction valued at $1.025 billion.

Oxford Industries Buys Strong Suit Clothing of Little Rock

by Sarah Campbell 3/1/2017 09:49 am

Strong Suit Clothing, a men's apparel company based in Little Rock, has been acquired by publicly traded Oxford Industries Inc. of Atlanta.

Windstream Reports 4Q, Fiscal Net Losses

by Lance Turner and Sarah Campbell 3/1/2017 07:06 am

Windstream Holdings Inc. of Little Rock reports net losses in its fourth quarter and fiscal years, while its CEO said the company expanded enterprise service revenue for the year and rolled out premium products to new customers.

Judge Dismisses Suit Against Wal-Mart Linked to Mexico Bribery Allegations

by Associated Press 2/27/2017 04:39 pm

A judge has dismissed a lawsuit that accused Wal-Mart's Mexico operations of misleading shareholders during an alleged bribery scheme.

Tyson Foods CEO to Headline Economic Development Lunch

by Arkansas Business Staff 2/27/2017 10:56 am

Tom Hayes, president and CEO of Tyson Foods Inc. of Springdale, will headline the Arkansas Economic Development Foundation Luncheon on April 18 at the Statehouse Convention Center in Little Rock.

Tyson Foods Board Member Resigns

by Arkansas Business Staff 2/27/2017 10:19 am

Tyson Foods Inc. of Springdale says Brad Sauer is stepping down from its board of directors after nine years. His resignation is effective immediately.

Deltic Timber Names New CEO, Fires CFO

by Lance Turner 2/27/2017 10:10 am

Deltic Timber Corp. of El Dorado names John D. Enlow, formerly of Weyerhaeuser, as its new chief executive and revealed that it had fired its chief financial officer for misappropriating "certain Company assets for personal use."

Windstream, EarthLink Complete Merger

by Arkansas Business Staff 2/27/2017 08:44 am

Windstream Holdings Inc. of Little Rock completes its previously announced merger with EarthLink Holdings Corp. of Atlanta, after the both companies' shareholders approved the deal on Friday.

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