Public Companies Archive

Tyson Foods Employee Pleads Guilty to $550,000 Fraud

by Lance Turner 9/4/2015 04:41 pm

A former manager at Tyson Foods Inc. waived indictment and pleaded guilty Friday to one count of wire fraud, according to the U.S. Attorney for the Western District of Arkansas.

Tyson Pledges $50M to Help End Hunger

by Arkansas Business Editors 9/3/2015 08:56 am

Tyson Foods Inc. of Springdale is pledging $50 million in cash and in-kind donations over the next five years in the fight against hunger, after donating 100 million pounds of food over the past 15 years.

Cree Rebrands Division That Includes Fayetteville as Wolfspeed

by Mark Carter 9/2/2015 08:32 am

Semiconductor manufacturer Cree Inc. has rebranded its power and radio frequency division, which includes the former Arkansas Power Electronics International of Fayetteville, as Wolfspeed, the publicly traded company announced.

Cree Fayetteville Receives $4M from USAF for F-35 Power Module

by Mark Carter 9/1/2015 09:03 am

Cree Inc., the LED and semiconductor manufacturer that purchased Arkansas Power Electronics International of Fayetteville in July, received a $4.1 million contract from the U.S. Air Force.

USA Truck Executive Leaves Company to Stay in Dallas

by Marty Cook 8/31/2015 02:14 pm

Jeffrey Lester, an executive vice president with USA Truck Inc., resigned Aug. 24, after CEO Tom Glaser asked him to work from the company's headquarters in Van Buren on a daily basis.

Bloomberg: Wal-Mart Looking to Rein In Expenses

by Lance Turner 8/31/2015 08:19 am

Wal-Mart, which is investing more than $1 billion in its workforce through training and raises, is now looking to cut costs.

‘Living Beyond His Means' Catches Up With Dennis Smiley Jr.

by Gwen Moritz 8/31/2015 12:00 am

Henry Dennis Smiley Jr. — the Jr. matters in this case — pleaded guilty Tuesday to a single count of bank fraud. But the plea agreement identifies 23 banks as his victims, and that doesn't include Arvest Bank, which had trusted him to be president of its Benton County market.

Little Rock's Original Fern Bar: How Buster's Birthed Dave & Buster's

by Jan Cottingham 8/31/2015 12:00 am

Next summer, Dave & Buster's, based in Dallas and co-founded by Corley and Corriveau in 1982, will be opening a location in Little Rock, its first in Arkansas. D&B now has almost 11,000 employees and 73 stores, including one in New York's Times Square. The Arkansas arrival comes 33 years after its founders opened Buster's in Little Rock's Union Station.

A Proud Moment for Our State: The Arkansas Women's Hall of Fame

by Erica Swallow 8/28/2015 11:38 am

Erica Swallow writes on the Arkansas Women's Hall of Fame and how the inductees affected her life as a child growing up in northeast Arkansas.

USA Truck Names Head of Mexico Operations

by Arkansas Business Staff 8/28/2015 10:40 am

Nichols was most recently the director of international sales at U.S. Xpress Inc. and was director of business development for Con-Way. He has worked in the trucking industry for 35 years, including 20 years of experience involving Mexico.

Inaugural Inductees Honored at Arkansas Women's Hall of Fame

by Alexis Hosticka 8/28/2015 09:12 am

The new Arkansas Women's Hall of Fame inducted its first members, 11 women and one group, during a ceremony Thursday night at the Statehouse Convention Center in Little Rock.

Arkansas Women's Hall of Fame to Honor First Inductees

by Alexis Hosticka 8/27/2015 10:12 am

The Arkansas Women's Hall of Fame will celebrate its inaugural class of inductees at a ceremony Thursday evening at the Statehouse Convention Center in Little Rock.

Jeff Gardner Has New Job, Named CEO of Monitronics International

by Gwen Moritz 8/25/2015 04:46 pm

The former CEO of Windstream Holdings has been named CEO of Monitronics International, the home security alarm monitoring company based in Dallas.

Weis Says Decision To Leave USA Truck His To Make

by Arkansas Business Staff 8/24/2015 12:00 am

Former USA Truck executive Burton Weis said it was his decision to resign from the Van Buren trucking company and he hoped to stay in northwest Arkansas with his next job.

CORRECTED: Car-Mart's Quarterly Earnings Off

by Marty Cook 8/21/2015 10:45 am

America's Car-Mart Inc. of Bentonville reported a significant drop in earnings for the first quarter of 2016 that CEO Hank Henderson said was mostly the result of the company's "lack of consistent blocking and tackling." Car-Mart's income for the quarter was up 12 percent but revenue dropped from $7.2 million to $4.6 million.

Dillard's Reports 16.7 Percent Dividend Increase

by Alexis Hosticka 8/20/2015 03:28 pm

Dillard's, Inc. of Little Rock announced Thursday a 7 cents per share quarterly dividend, a 16.7 percent increase from the prior dividend of 6 cents per share per quarter.

PAM Gives Cushman Raise, Promotes Herndon

by Marty Cook 8/20/2015 08:52 am

PAM Transport of Tontitown promoted Matt Herndon to COO on Aug. 12, the company said in a filing with the Securities & Exchange Commission.

AP Analysis: No Pain, No Gain for Stores Chasing Fickle Shoppers

by Anne D'Innocenzio, AP Retail Writer 8/18/2015 01:29 pm

Wal-Mart's second-quarter earnings report showed its investments in its workers and its efforts to overhaul the store experience are dragging down profits more than it expected. The comforting news for Wal-Mart's shareholders: the efforts are perking up sales and traffic at its U.S. namesake stores.

Home BancShares Names Stephen Tipton New COO

by Arkansas Business Staff 8/18/2015 09:23 am

Stephen Tipton has been named the new Chief Operating Officer for Home BancShares and Centennial Bank.

Wal-Mart Cuts Earnings; Reports 2Q Drop

by Arkansas Business Staff 8/18/2015 07:02 am

Wal-Mart Stores Inc. of Bentonville cut its earnings outlook early Tuesday, reporting an 11.4 percent drop in second-quarter profit.