Public Companies Archive

Tyson Foods Breaks Ground on Incubation Center in Springdale

by Arkansas Business Staff 5/5/2016 01:14 pm

John Tyson, chairman of Tyson Foods Inc., and Springdale Mayor Doug Sprouse broke ground Thursday on the future site of a $31 million incubation center that will deliver hatching operations for the company's broiler chicken business.

Windstream Reports $232M 1Q Loss on Impairment Charge

by Sarah Campbell 5/5/2016 10:03 am

Windstream Holdings Inc. of Little Rock reports a first-quarter loss of $232 million, or $2.52 per share, down from a net income of $5 million, or 5 cents per share, in the same quarter last year.

Expenses Drive USA Truck to $1.8M 1Q Loss

by Arkansas Business Staff 5/5/2016 09:48 am

USA Truck Inc. of Van Buren on Thursday reported a first-quarter loss of $1.8 million, a decrease from the $1.6 million profit it reported in the same quarter of 2015.

Murphy Oil Reports 1Q Loss of $198M

by Kyle Massey 5/4/2016 04:49 pm

Murphy Oil Corp., which announced a sale of oil sands assets in Canada a week earlier, on Wednesday reported a preliminary loss of nearly $200 million for the first quarter of 2016. It also announced a 20 percent workforce reduction.

CS&L Completes $409M Deal for PEG Bandwidth

by Sarah Campbell 5/2/2016 01:56 pm

Communications Sales & Leasing Inc. of Little Rock has completed its $409 million acquisition of PEG Bandwidth LLC, a telecommunications infrastructure provider.

International Paper to Buy 7 Pulp Mills from Weyerhaeuser

by Associated Press 5/2/2016 11:35 am

International Paper said it is paying $2.2 billion to buy seven mills from Weyerhaeuser that make pulp used in diapers, tissues and other consumer products.

US Employment, Earnings Gains Rose in March

by Arkansas Business Staff 5/2/2016 12:00 am

The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose.

PAM Transport 1Q Income Down 46 Percent

by Marty Cook 4/29/2016 04:42 pm

PAM Transport Services Inc. of Tontitown reported first-quarter income of $2.9 million, down from $5.4 million in the same quarter a year ago.

ArcBest Swings to $6M 1Q Loss, Cites 'Sluggish' Manufacturing

by Arkansas Business Staff 4/29/2016 07:38 am

ArcBest Corp. of Fort Smith on Friday reported a first-quarter net loss of $6.1 million, or 24 cents per share, down from net income of $700,000, or 3 cents per share, in the same quarter last year.

Murphy Oil Subsidiary Sells Alberta Sands to Suncor Energy for $744M

by Kyle Massey 4/28/2016 06:55 am

Murphy Oil Corp. of El Dorado announced Wednesday evening that its Canadian subsidiary has agreed to sell oil sands properties in Alberta to Suncor Energy for about $744 million. CEO Roger Jenkins said the deal will "further place our focus in North America on our unconventional assets" and help the company's balance sheet.

Fed Keeps Key Rate Unchanged; No Hint on Timing of Next Hike

by Associated Press 4/27/2016 03:12 pm

The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur.

Machen, Billings Promoted at Bear State Financial

by Arkansas Business Staff 4/27/2016 03:06 pm

Bear State Financial Inc. of Little Rock, the holding company for Bear State Bank, announced Wednesday that it had promoted James M. Machen and Sherri Billings within the bank.

No Fed Rate Hike Expected Today, But What About in June?

by Associated Press 4/27/2016 11:36 am

On this, pretty much every economist agrees: The Federal Reserve will keep interest rates unchanged when it ends its latest policy meeting Wednesday.

ArcBest's Robert Young Retires

by Marty Cook 4/26/2016 11:58 am

Robert Young on Tuesday presided over his last shareholders meeting as the chairman of the board of ArcBest Corp. of Fort Smith.

JB Hunt to Create Task Force to Study Anti-Discrimination Proposal

by Marty Cook 4/26/2016 11:19 am

J.B. Hunt Transport Services Inc. of Lowell said it would appoint a task force in response to a shareholders vote on an anti-discrimination proposal April 21.

USA Truck Renames Logistics Business As 'USAT Logistics'

by Arkansas Business Staff 4/26/2016 09:18 am

USA Truck Inc. of Van Buren on Tuesday said it has rebranded and renamed its asset-light logistics business, formerly known as Strategic Capacity Solutions, to USAT Logistics.

Deltic Reports Drop in 1Q Net Income

by Jan Cottingham 4/25/2016 04:08 pm

Deltic Timber Corp. on Monday announced net income of $400,000 in the first quarter of 2016 compared with $1.9 million for the first quarter of 2015.

Wal-Mart Reveals $1.9M Paid to UA in FY 2015

by Arkansas Business Staff 4/25/2016 12:00 am

Wal-Mart Stores Inc. revealed in its proxy statement last week that it paid about $1.9 million to the University of Arkansas in the retailer's fiscal year that ended Jan. 31.

JB Hunt Shareholders Approve Anti-Discrimination Proposal

by Marty Cook 4/22/2016 04:27 pm

A majority of shareholders of J.B. Hunt Transport Services Inc. of Lowell votes for an anti-discrimination proposal that the company's board of directors had recommended against.

Bear State Earnings Reach $3.3 Million in 1Q

by Gwen Moritz 4/22/2016 11:26 am

Bear State Financial Inc. of Little Rock, the parent company of Bear State Bank, earned $3.3 million in the first quarter of 2016, up from $2.3 million the first quarter of 2015.