Public Companies Archive

Wal-Mart, Hostess Collaboration Delivers 'Deep Fried Twinkies'

by Anne D'Innocenzio, The Associated Press 8/12/2016 07:35 am

The deep-fried Twinkie is jumping from the state fair to the home freezer thanks to a yearlong collaboration between Hostess and Wal-Mart, as both companies look to spark food sales with innovative products.

Dillard's Same-Store Sales Down 5 Percent, Net Income Down 59 Percent

by Lance Turner 8/11/2016 03:31 pm

Dillard's Inc. of Little Rock reports another tough quarter marked by declining sale-store sales and net income. "The challenges facing apparel retailers continued through the second quarter, and our poor results reflect this," CEO William Dillard says.

Cruelty at Tyson Foods Chicken Farms Prompts Firings, Change

by Associated Press 8/11/2016 03:26 pm

An animal rights group has released an undercover video that shows Tyson Foods workers abusing and improperly killing chickens at various breeding facilities in Virginia.

Macy's to Close 100 Stores, Boost Online Investment

by Associated Press 8/11/2016 11:45 am

Macy's plans to close about 100 stores next year and boost its online investments as it tries to become more nimble in an increasingly fierce market.

CS&L Swings to 2Q Loss

by Lance Turner 8/11/2016 10:31 am

Communications Sales & Leasing Inc. of Little Rock reports a $1.5 million second-quarter loss as it closes one acquisition and prepares to take on another. Revenue was a $188.6 million, up 46 percent from the same quarter last year.

Murphy Oil Gains Access to $1.2B in Revolving Credit

by Kyle Massey 8/10/2016 08:09 am

Murphy Oil Corp., the El Dorado petroleum exploration and production giant, says it has commitments from its bankers and new lenders for $1.2 billion in revolving credit.

Aiming to Jolt Online Business, Wal-Mart Buys Retailer Jet.com for $3B

by Anne D'Innocenzio, The Associated Press 8/8/2016 07:50 am

Wal-Mart has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon. The deal marks a major move for Wal-Mart, which is realizing that it needs to compete more aggressively in the online world.

Tyson Foods 3Q Net Income Up 41 Percent

by Marty Cook 8/8/2016 07:12 am

Tyson Foods Inc. of Springdale reports third-quarter net income of $484 million, up 41 percent from the same quarter last year, and raises earnings estimates for the fiscal year.

Ten Arkansas Business Icons Have Stories to Tell

by Gwen Moritz 8/8/2016 12:00 am

Arkansas Business presents these ten Arkansas business icons as a way to acquaint readers with the personalities behind some of the most familiar names in our state's business community.

What's Your Legacy? (Editorial)

by Arkansas Business Editors 8/8/2016 12:00 am

Even among Arkansas Business' largely affluent readers, few have the resources to make million-dollar donations, but many of our readers are business owners and employers, and every job they provide supports an individual or a family.

J.B. Hunt's Shelley Simpson on Keeping Lanes Open for Diversity

by Arkansas Business Staff 8/8/2016 12:00 am

In addition to serving as CMO and EVP of J.B. Hunt Transport Services of Lowell, Shelley Simpson, 44, is president of the company's Truckload and Integrated Capacity Solutions divisions.

Wal-Mart Launches New Scheduling System

by Associated Press 8/5/2016 06:21 am

Wal-Mart, the nation's largest private employer, has launched a new scheduling system in about 650 Neighborhood Market stores that gives hourly workers more certainty about their schedules.

Acxiom Reports 1Q Earnings, Agrees to Sell Impact Email for $22M

by Sarah Campbell 8/4/2016 04:30 pm

Acxiom Corp. of Little Rock on Thursday swung back from a $3 million loss last year to report a first-quarter profit of $8 million, and announced that it has agreed to sell its Impact email business to Zeta Interactive of New York City for $22 million.

Michelle Gloeckler Leaves Wal-Mart to Join to Academy Sports

by Arkansas Business Staff 8/4/2016 12:13 pm

Michelle Gloeckler is leaving Wal-Mart Stores Inc. of Bentonville at the end of August to become chief merchandising officer of Academy Sports + Outdoors of Katy, Texas.

Windstream Holdings Reports $1.5M in 2Q Net Income

by Sarah Campbell 8/4/2016 07:05 am

Windstream Holdings Inc. of Little Rock swung from a $111 million second-quarter loss last year to a $1.5 million profit, the publicly traded telecommunications firm reported Thursday.

Murphy Oil Corp. Lowers Quarterly Dividend to 25 Cents a Share

by Kyle Massey 8/3/2016 04:17 pm

The oil exploration and production giant, based in El Dorado, calls the dividend cut a "difficult but prudent" decision.

Murphy USA Reports $46M Profit in Strong 2Q

by Kyle Massey 8/3/2016 04:13 pm

The El Dorado-based company more than doubles its half-year profits from 2015, citing strong retail fuel results. CEO Andrew Clyde also cited "record merchandise margins" as the company continues to add stores.

USA Truck Reports 2Q Loss of $1.3M

by Marty Cook 8/3/2016 11:43 am

USA Truck Inc. of Van Buren on Wednesday reported a second-quarter loss of $1.3 million, a decrease from the $2.8 million profit it reported in the same quarter of 2015.

Verizon to Buy Fleetmatics for About $2.4 Billion

by Associated Press 8/2/2016 12:26 pm

Verizon said Monday that it plans to pay about $2.4 billion to buy Fleetmatics, which makes software used by cable companies, energy providers and others to manage their fleets of vehicles.

Insight Enterprises Takes on HPE Employees in Conway

by Sarah Campbell and Lance Turner 8/2/2016 11:48 am

Insight Enterprises Inc. of Tempe, Arizona, says it has hired 175 Hewlett Packard Enterprise employees and set up shop with HPE in the Meadows Office and Technology Park in Conway.