Public Companies Archive

Walmart to Sell 80 Percent Stake in Brazil Business

by Associated Press 6/4/2018 02:15 pm

Walmart Inc. is selling an 80 percent stake in its Brazilian operations to a global private equity firm as it reduces its presence in countries where it's struggling.

Tyson Foods to Sell Sara Lee, Van's Brands

by Marty Cook 6/4/2018 10:25 am

Tyson Foods Inc. of Springdale has reached an agreement to sell its Sara Lee Frozen Baker and Van's brands to Kohlberg & Co., a private equity firm in Mount Kisco, New York.

FNB Crossett Poised to Join Public Company

by George Waldon 6/4/2018 12:00 am

The pending $12.8 million acquisition of Crossett's Ashley Bancstock Co. and its First National Bank will turn the buyer, Century Next Financial Corp. of Ruston, Louisiana, into a multistate banking holding company.

Words of Wisdom (Editorial)

by Arkansas Business Editors 6/4/2018 12:00 am

This year's crop of 40 Under 40 young professionals offered several nuggets of wisdom that we would have done well to have taken to heart, oh, 30 or 40 years ago. Maybe you, too, can benefit from what they've learned.

Millennials Constitute 35 Percent of U.S. Labor Force

by Arkansas Business Staff 6/4/2018 12:00 am

Millennials are the largest generation in the U.S. labor force, comprising 35 percent of the workforce, according to the Pew Research Center.

Arkansas Business Presents the 40 Under 40 Class of 2018

by Gwen Moritz 6/4/2018 12:00 am

Arkansas Business presents the 25th class of 40 Under 40 honorees, young professionals from throughout the state in a variety of industries who bear watching.

Video: Watch the Walmart Shareholders' Meeting Here

by Lance Turner 6/1/2018 07:46 am

The Walmart annual shareholders' meeting, hosted by actor and comedian Jamie Foxx, took place beginning at Bud Walton Arena on the University of Arkansas campus in Fayetteville.

Walmart Rolls Out New Shop-by-Text Service

by Associated Press 5/31/2018 04:04 pm

Walmart is unveiling a $50-a-month membership service that lets harried shoppers use text messages to order items to be home delivered.

Sears to Close Another 72 Stores as Sales Plunge

by Associated Press 5/31/2018 07:13 am

Sears will close another 72 stores as sales plunge and losses grow.

Ahead of Bud Walton Party, Walmart Shareholders Reject 3 Proposals

by Marty Cook 5/30/2018 03:48 pm

Shareholders of Walmart Inc. of Bentonville rejected three proposals at the decidedly low-key company business meeting Wednesday at the Hammons Convention Center in Rogers.

Governor Honors Trade Excellence Among Arkansas Firms

by Arkansas Business Staff 5/30/2018 11:10 am

Gov. Asa Hutchinson hosts the ninth annual Governor's Awards for Excellence in Global Trade.

Walmart Offers Employees New Perk: Cheap Access to College

by Anne D'Innocenzio, The Associated Press 5/30/2018 09:18 am

Walmart is offering its employees a new perk: affordable access to a college degree.

Walmart Settles Minnesota Medicaid Claims Lawsuit for $825K

by Associated Press 5/30/2018 06:43 am

Walmart Inc. and its Sam's Club division have agreed to pay $825,000 to resolve allegations that they submitted claims to Minnesota's Medicaid program in violation of rules prohibiting automatic refills of Medicaid prescriptions.

Simmons Announces Completion of SNB Bank Merger

by Arkansas Business Staff 5/29/2018 09:36 am

Simmons First National Corp. of Pine Bluff announced Tuesday that Bank SNB, its subsidiary bank headquartered in Stillwater, Oklahoma, has merged with and into Simmons' lead subsidiary bank, Simmons Bank of Pine Bluff.

Inuvo Execs See More Pay

by Arkansas Business Staff 5/28/2018 12:00 am

Things are looking up for every officer at Inuvo Inc. of Little Rock; each saw his pay increase in 2017, according to an annual proxy statement the company filed a few weeks ago.

Dozens of Arkansas Companies Rank on List of Largest ESOPs

by Gwen Moritz 5/28/2018 12:00 am

This week Arkansas Business debuts a new list of ESOPs — employee stock ownership plans — ranked by net assets at the end of the most recent fiscal year for which data is publicly available.

Census Says Older Population Surpassing Younger

by Arkansas Business Staff 5/28/2018 12:00 am

By 2030, all baby boomers — those born in 1946-64 — will be older than 65, and 1 in every 5 U.S. residents will be retirement age, according to the U.S. Census Bureau.

For CEOs, $11.7M Per Year Is Just Middle of the Pack

by Associated Press 5/25/2018 07:51 am

Chief executives at the biggest public companies got an 8.5 percent raise last year, bringing the median pay package for CEOs to $11.7 million.

Simmons Bank Names Head of Correspondent Banking

by Arkansas Business Staff 5/24/2018 12:41 pm

Simmons Bank has named Scott Heady of Kansas City, Missouri, director of correspondent banking.

Simmons Bank Gives $2.5M to UAPB for Athletics

by Lance Turner 5/22/2018 11:44 am

Simmons First National Corp. CEO George Makris this morning announced a $2.5 million donation to the athletics program at the University of Arkansas at Pine Bluff.