Public Companies Archive

Arvest, Bear State Transaction Progresses

by Arkansas Business Staff 4/9/2018 12:00 am

The biggest bank buy to date for Fayetteville's Arvest Bank is headed for completion around April 20 at last report. But some loose ends are still in play.

Walmart Delivery Policy Presses Its Suppliers

by Marty Cook 4/9/2018 12:00 am

Walmart Inc.'s delivery requirements for its suppliers got even stricter April 1 when new metrics took effect.

Arkansas Sees Increase in Personal Income

by Arkansas Business Staff 4/9/2018 12:00 am

Personal income in Arkansas rose 3.2 percent in 2017, the U.S. Bureau of Economic Analysis reported late last month. That increase beat the average for all the states of 3.1 percent.

Facebook says it should have audited Cambridge Analytica

by Associated Press 4/6/2018 10:39 am

Facebook's No. 2 executive says the company should have conducted an audit after learning that a political consultancy improperly accessed user data nearly three years ago.

Acxiom Corp. Trims Workers As It Combines Segments

by Sarah Campbell-Miller 4/5/2018 03:16 pm

Acxiom Corp. of Conway says it is cutting 2 percent of its global workforce of about 3,300 as it combine its Audience Solutions and Marketing Services divisions into a new business unit called Acxiom Marketing Solutions. The company declined to say how many Arkansas workers would be affected.

Uniti Group CEO Kenny Gunderman, Other Execs Paid More in 2017

by Sarah Campbell-Miller 4/5/2018 02:58 pm

Total compensation for Kenny Gunderman, CEO and president of Uniti Group Inc. of Little Rock, increased to $5.4 million in 2017 from $5.1 million in 2016.

Tyson Foods Expanding Safety Programs to 12 Poultry Plants

by Associated Press 4/5/2018 02:38 pm

Tyson Foods is expanding the safety programs it has been testing in its beef plants to 12 poultry plants, allowing workers there to stop the line if they have safety concerns.

Acxiom Sees Signs Facebook Will Reconsider Costly Decision

by Sarah Campbell-Miller 4/4/2018 10:21 am

Acxiom CEO Scott Howe wrote in a blog post late Tuesday that the Conway company is seeing signs that Facebook will reconsider its decision to end Facebook Partner Categories.

Arvest, Bear State Get Approval for $391M Deal

by Lance Turner 4/3/2018 09:50 am

Arvest Bank of Fayetteville is closer to completing its $391 million all-cash acquisition of Bear State Bank of Little Rock, the two companies announced Monday.

China Raises Tariffs on US Pork, Fruit in Trade Dispute

by Associated Press 4/2/2018 11:56 am

China raised import duties on a $3 billion list of U.S. pork, apples and other products Monday in an escalating dispute with Washington over trade and industrial policy.

Acxiom to Expand Share Repurchase Program

by Lance Turner 4/2/2018 11:44 am

Data services provider Acxiom Corp. of Conway says it will expand its share repurchase program by $100 million to $500 million and extend it through Dec. 31, 2019.

Murphy Oil Names Louis Utsch as Tax Chief, Succeeding Tim Butler

by Kyle Massey 4/2/2018 09:33 am

A little over a month after naming a new executive vice president and chief financial officer, Murphy Oil Corp. of El Dorado has installed a new leader in its tax department, announcing Louis W. Utsch as vice president, tax.

Adam Mitchell of Citizens Bank Says Expansion in Arkansas Will Come Naturally

by Arkansas Business Staff 4/2/2018 12:00 am

Adam Mitchell talks about his recent move from Simmons Bank to Citizens Bank as president and chief lending officer.

Walmart Reportedly Eyes Deal with Insurer Humana

by Associated Press 3/30/2018 11:13 am

Walmart may be looking to dive deeper into the rapidly evolving health care market by acquiring the insurer Humana, according to The Wall Street Journal, which says the company is in early talks with Humana, a major provider of Medicare Advantage coverage for people age 65 and older.

Walmart to Move Formal Business Out of Walton Arena Party

by Lance Turner 3/29/2018 09:47 am

Walmart Inc. of Bentonville said Wednesday that it will change the format of its annual shareholders meeting, which takes place June 1 at Bud Walton Arena at the University of Arkansas in Fayetteville.

Update: Facebook Decision Will Cost Acxiom Up to $25M

by Sarah Campbell-Miller 3/29/2018 09:34 am

Facebook's decision to stop offering advertisers data provided by third-party aggregators will cost Acxiom Corp. up to $25 million, the Conway data mining company announced late Wednesday. Acxiom said the decision to end Facebook Partner Categories will hit both revenue and profitability.

Tyson Foods Explores Sale of Pizza Crust Business

by Arkansas Business Staff 3/28/2018 09:16 am

Tyson Foods Inc. of Springdale explores selling its pizza crust business, TNT Crust, "as part of its strategic focus on protein."

Windstream CEO Tony Thomas' Pay Increased in 2017; Reverse Stock Split Recommended

by Sarah Campbell-Miller 3/28/2018 09:08 am

Windstream Holdings Inc. President and CEO Tony Thomas' total compensation increased by 23 percent to $5.4 million in 2017 from $4.4 million in 2016.

Windstream Acquires New York Company For $37.5M

by Arkansas Business Staff 3/27/2018 03:15 pm

Windstream Holdings Inc. of Little Rock announced Tuesday that it has acquired Mass Communications of New York in a $37.5 million all-cash transaction.

USA Truck Hires New Logistics SVP

by Arkansas Business Staff 3/27/2018 09:11 am

USA Truck Inc. of Van Buren announced Monday that George Henry wil be its senior vice president of USAT Logistics. James Craig, the division's current president, will retire May 1.