Public Companies Archive

US Economic Growth in Q4 Revised Down to 2.2 Percent

by Associated Press 2/27/2015 11:22 am

The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.

Cameron Smith, Karen Fetzer Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/27/2015 05:14 am

Cameron Smith of Cameron Smith Associates of Rogers and Karen Fetzer of the Rotary Club of Little Rock won executive of the year awards at Thursday's 27th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock.

Meet the Finalists of the 27th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2015 11:37 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

USA Truck, 2 Shareholders Register to Sell Shares

by Marty Cook 2/26/2015 11:23 am

USA Truck of Van Buren and its two largest shareholders have agreed to register up to 2 million shares of the company for sale.

Wal-Mart CEO Doug McMillon Talks Workers, Customers, Critics

by Anne D'Innocenzio, The Associated Press 2/26/2015 07:00 am

In this Associated Press exclusive, Wal-Mart CEO Doug McMillon talks about worker pay and training increases, the fallout from the Bangladesh disaster and other issues that are affecting the world's largest retailer.

Deltic Timber 4Q Net Income Up 52 Percent

by Lance Turner 2/25/2015 03:38 pm

Deltic Timber Corp. of El Dorado on Wednesday reported fourth-quarter net income of $3.5 million, up 52 percent from the same quarter last year amid increases in residential lot sales.

Wal-Mart Criticizes 'Conscience Protection' Measure

by Andrew DeMillo, The Associated Press 2/25/2015 07:00 am

Wal-Mart on Tuesday criticized a "conscience protection" measure in the retail giant's home state that opponents say sanctions discrimination against gays and lesbians, while Arkansas Gov. Asa Hutchinson also expressed concerns about the legislation.

Janet Yellen Reiterates Fed's Patience in Raising Rates

by Associated Press 2/24/2015 11:24 am

Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but for now the Fed is sticking with patience in raising interest rates because the labor market is still healing and inflation is too low.

Dillard's 4Q Net Income Up 9.5 Percent, Same-Store Sales Up 3 Percent

by Lance Turner 2/23/2015 03:19 pm

Dillard's Inc. of Little Rock on Monday reported fourth-quarter net income of $130.5 million, up 9.5 percent from $119.1 million.

Floating All Boats (Editorial)

by Arkansas Business Editors 2/23/2015 12:00 am

For Wal-Mart, a retailer with razor-thin margins, to raise the pay of so many people to a level significantly higher than the current federal minimum wage of $7.25 means many things.

Wal-Mart Battles Manhattan Church Concerned About Firearm Sales

by Mark Friedman 2/23/2015 12:00 am

Wal-Mart Stores Inc. has asked the 3rd U.S. Circuit Court of Appeals to toss out a ruling that would force the retailer to let shareholders vote on a proposal from a Manhattan Episcopal church concerned about firearm sales.

Windstream Stockholders Approve REIT Spinoff Measures

by Sean Beherec 2/20/2015 10:13 am

Both proposals, which lay the groundwork for the spinoff of certain assets into a separate company, passed with more than 90 percent of the vote.

3Q Profit at America's Car-Mart Rises to $7.5M

by Marty Cook 2/18/2015 05:38 pm

America's Car-Mart Inc. of Bentonville reported third-quarter earnings of $7.5 million in fiscal 2015, an increase from $1.5 million from the same quarter in 2014.

Bear State Financial Merges 3 Bank Charters

by Arkansas Business Staff 2/18/2015 02:19 pm

Bear State Financial Inc. of Little Rock, the holding company for First Federal Bank, First National Bank and Heritage Bank, said it completed a merger of all three bank charters under one name, Bear State Bank.

ABF Freight Remains Unmoved in Relocation

by Arkansas Business Staff 2/16/2015 12:00 am

Last summer, ABF Freight, a subsidiary of ArcBest Corp. of Fort Smith, received a $4 million grant from a Memphis-area economic development group to relocate in Memphis. ArcBest, through affiliate Transport Realty Inc., bought two properties totaling 13.55 acres at the proposed relocation site for about $600,000 in 2014.

UA to Induct 4 Into Business Hall of Fame Tonight

by Arkansas Business Staff 2/13/2015 11:21 am

The Sam Walton College of Business at the University of Arkansas will induct four into its Business Hall of Fame at a ceremony tonight at the Statehouse Convention Center in Little Rock.

Simmons First Gets Approval for 2 Acquisitions

by Gwen Moritz 2/12/2015 04:00 pm

The Federal Reserve has approved two previously announced acquisitions by Simmons First National Corp., the publicly traded bank holding company revealed in a filing with the Securities & Exchange Commission on Thursday.

Windstream Names Kenny Gunderman CEO of REIT Spinoff

by Sean Beherec 2/12/2015 02:11 pm

Windstream Holdings Inc. of Little Rock has appointed Kenny Gunderman to lead the real estate investment trust company. The position had been vacant since the resignation of Windstream's first CEO, Jeff Gardner, who was replaced by Tony Thomas, the appointed CEO of the REIT spinoff.

P.A.M. Transportation 4Q Earnings Up 62 Percent

by Lance Turner 2/11/2015 10:00 am

P.A.M. Transportation Services Inc. of Tontitown on Tuesday reported fourth-quarter net income of $2.1 million, up 62 percent from the same quarter last year, to close what its chief executive called a "satisfying year."

USA Truck Swings to Profit in 4Q, Caps 'Transformative' Year

by Arkansas Business Staff 2/11/2015 07:17 am

USA Truck Inc. of Van Buren on Wednesday reported a fourth-quarter profit of $4.2 million, up from a $4.6 million loss in the same quarter last year.