Public Companies Archive

Windstream Adds William LaPerch, Michael Stoltz to Board

by Arkansas Business Staff 9/9/2014 10:05 am

Windstream Holdings Inc. of Little Rock on Tuesday announced the appointments of William LaPerch, the former president and CEO of AboveNet Communications Inc., and Michael Stoltz, a former audit partner with Ernst & Young, to its board of directors.

Treasury to Limit Profitability of Corporate Inversions

by Associated Press 9/8/2014 11:32 am

The Obama administration will decide "in the very near future" what actions it can take to make it less profitable for U.S. companies to shift their legal addresses to other countries, Treasury Secretary Jacob Lew said Monday.

Arkansas Executive Use of Company Jets Rises in 2013

by Mark Friedman 9/8/2014 12:00 am

Top executives at nine of Arkansas' public companies valued their personal flights on company jets at a total of $2.4 million for 2013, according to proxy statements filed with the U.S. Securities & Exchange Commission and compiled by Arkansas Business.

Simmons First Completes Delta Trust Acquisition

by Arkansas Business Staff 9/2/2014 08:43 am

Simmons First National Corp. of Pine Bluff has completed its acquisition of Delta Trust & Banking Corp. of Little Rock.

Car-Mart Stays the Course in Low-Interest Environment

by Marty Cook 9/1/2014 12:00 am

Fiscal 2014, which ended April 30, was ‘a pretty stout year' for America's Car-Mart Inc., where sales were up but earnings were down 34 percent. Fortunately, the new year is looking better.

Health Insurers Report Rising Premium

by Mark Friedman 9/1/2014 12:00 am

2013 was another good year for nearly all of the companies on Arkansas Business' list of the largest health insurance companies that write premium in the state.

Cliff Beckham's Exit from USA Truck ‘A Bit of a Victory Lap'

by Marty Cook 9/1/2014 12:00 am

Thanks to conservative living and USA Truck's generosity — the company is letting Beckham keep a $75,000 bonus he received in April — Beckham doesn't have to make hasty job decisions any time soon. For 20 years he invested his disposable income in USA Truck stock, the same stock he nervously began to sell, for the first time, on Aug. 11.

Simmons' Deal for Delta Trust: 3 Years Coming

by George Waldon 9/1/2014 12:00 am

The acquisition of Little Rock's Delta Trust & Banking Corp. by Simmons First National Corp. of Pine Bluff was announced in March and should be completed by the end of the month. But the merger dance began three years ago.

Tyson Foods, Hillshire Complete $8.5B Merger

by Lance Turner 8/28/2014 04:13 pm

Tyson Foods Inc. of Springdale on Thursday said it had completed its $8.5 billion purchase of Hillshire Brands of Chicago, a day after the companies reached a proposed settlement with the U.S. Department of Justice over antitrust concerns.

Tyson Foods, Hillshire Settle With Justice Department Over $8.5B Merger

by Lance Turner 8/27/2014 01:56 pm

Tyson Foods Inc. of Springdale and Hillshire Brands Co. of Chicago say they have reached a settlement with the U.S. Department of Justice's Antitrust Division that, if approved, would allow the companies' $8.5 billion merger to proceed.

ADW Capital Takes 3 Percent Stake in USA Truck, Calls for CEO's Ouster

by Marty Cook 8/25/2014 06:22 pm

The managing member of ADW Capital Partners LP of New York City calls for a change in leadership and a selling off of divisions at USA Truck Inc. of Van Buren.

$50M Revitalization Plan Aims To Turn El Dorado into Cultural Mecca

by Michelle Corbet 8/25/2014 12:00 am

With a declining population and an unstable job market, the city of El Dorado is investing in quality of life in an effort to boost its economy.

Whittington To Receive $1.6 Million in Cash Upon Exit From Windstream

by Michelle Corbet 8/22/2014 04:59 pm

Brent Whittington, who this week submitted his resignation as chief operating officer of Windstream Holdings Corp., will leave with a severance package that includes $1.6 million in cash, the company revealed Friday.

Bank of America Agrees to Nearly $17B Settlement

by Associated Press 8/21/2014 11:50 am

The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.

This Week in Tyson: EPA Investigates; Hillshire Deal Delayed Again

by Lance Turner 8/21/2014 10:41 am

The Associated Press reports that the Environmental Protection Agency has started an investigation into Tyson Foods Inc. of Springdale. In other news, Tyson has again delayed its purchase of Hillshire Brands.

Car-Mart Net Revenue Up Slightly While Net Income Slips

by Marty Cook 8/20/2014 06:06 pm

The company said diluted earnings per share were 79 cents, the same as a year ago but more than the average analyst estimate of 62 cents.

Windstream Holdings COO Brent Whittington to Resign

by Arkansas Business Staff 8/19/2014 04:06 pm

Windstream Holdings Inc. of Little Rock said Tuesday that Brent Whittington, its chief operating officer, is resigning effective Sept. 1.

Last Chance to Nominate Candidates for Arkansas Business' 20 in Their 20s List

by Arkansas Business Staff 8/19/2014 11:42 am

Nominations are being accepted for the list of the state's most influential young professionals, "The New Influentials: 20 in Their 20s."

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

Windstream Spinoff Hits Dividend Even More Than You Think

by Michelle Corbet 8/18/2014 12:00 am

On July 29, Windstream Holdings Inc. sent shock waves through Wall Street when it announced it would spin off most of its physical assets — mostly copper wires and fiber-optic cables — into a separate, publicly traded real estate investment trust.