Public Companies Archive

Mentor Programs Looking to Funnel Women Into STEM

by Marty Cook 1/30/2017 12:00 am

STEMconnector, a national association in Washington, made up of corporate, governmental and private groups, is working to encourage and support young girls and women in pursuing STEM studies.

Kathy Deck: Slower Growth on Tap for Northwest Arkansas

by Marty Cook 1/27/2017 05:01 pm

Kathy Deck said northwest Arkansas and health care services will be strong points for an otherwise less robust Arkansas job market in 2017. Deck, the director of the Center for Business and Economic Research at the University of Arkansas in Fayetteville, made her remarks at the 23rd annual Business Forecast Luncheon in Rogers.

Judge Rejects $80M Penalty in Wal-Mart Truck Drivers Lawsuit

by Associated Press 1/26/2017 06:56 am

A federal judge refuses to force Wal-Mart to pay $80 million in penalties in a lawsuit alleging the retail giant failed to pay hundreds of truck drivers in California the minimum wage for certain tasks.

Murphy Oil Reports $276M Loss for 2016

by Kyle Massey 1/25/2017 05:19 pm

The El Dorado oil giant had a fourth-quarter loss of $64 million but touts cost-cutting and production achievements.

Windstream Eliminates 164 Jobs, 25 in Little Rock

by Sarah Campbell 1/24/2017 11:04 am

Windstream Holdings Inc. of Little Rock says it will cut 164 positions, including 25 in Little Rock.

Simmons to Buy Fort Worth Bank in Third Deal Since November

by Arkansas Business Staff 1/23/2017 05:06 pm

Simmons First National Corp. of Pine Bluff announced Monday a $462 million cash-and-stock deal to acquire First Texas BHC Inc. of Fort Worth and its $2 billion-asset subsidiary Southwest Bank. "We now have the opportunity to substantially grow our presence in the Fort Worth metropolitan area by joining with one of the best run, most respected financial organizations in Texas," Makris said.

J.B. Hunt 4Q Income Up 1 Percent

by Arkansas Business Staff 1/19/2017 09:21 am

J.B. Hunt Transport Services Inc. of Lowell on Thursday reported fourth-quarter income of $117.5 million, up from $116.7 million in the same quarter a year ago.

4Q, Full-Year Results Up at Home BancShares

by Lance Turner 1/19/2017 07:06 am

Home BancShares Inc. of Conway on Thursday announced fourth-quarter net income of $48.6 million, up nearly 30 percent from the same time last year. "The annual and quarterly earnings performance for 2016 exceeded expectations," Chairman John Allison said.

Simmons Reports 4Q Net Income of $27M

by Gwen Moritz 1/18/2017 05:05 pm

Simmons First National Corp. earned $27 million in the fourth quarter of 2016, a year-over-year increase of 13.4 percent, pushing its net income for the year to $96.8 million, an increase of more than 30 percent.

Machen Succeeds McFatridge as CEO of Bear State Financial

by Gwen Moritz 1/18/2017 04:06 pm

Mark McFatridge has resigned as CEO of Bear State Financial, and the board of directors of the publicly traded bank holding company announced Wednesday that Matt Machen will be his replacement.

Acxiom Announces Partnership With Verve

by Arkansas Business Staff 1/18/2017 01:13 pm

Acxiom Corp. of Little Rock announces a new strategic partnership with Verve of New York, a location-powered mobile marketing firm.

Bank of the Ozarks Posts Record 4Q, Yearly Net Income

by George Waldon 1/17/2017 09:56 am

Bank of the Ozarks Inc. on Tuesday announced record fourth quarter net income of $87.8 million, a 71 percent increase from quarterly net income of $51.5 million a year ago.

Simmons First Names Jerry Hunter, Mindy West to Board

by Arkansas Business Staff 1/16/2017 09:37 am

Simmons First National Corp. of Pine Bluff announced Friday the addition of Jerry M. Hunter of St. Louis, Missouri, and Mindy West of El Dorado to its board of directors.

Price-Fixing Lawsuit Triggers More Litigation Against Tyson

by Mark Friedman 1/16/2017 12:00 am

A lawsuit alleging a massive price-fixing conspiracy involving Tyson Foods Inc. and other chicken producers has sparked more litigation against the Springdale meat producer.

Simmons First Eyes Downtown Acxiom Building in Little Rock

by Arkansas Business Staff 1/16/2017 12:00 am

If Simmons First National Corp. moves forward with an acquisition, it would facilitate the consolidation of about 200 staffers scattered around town.

Cameron Smith & Associates Expanding

by Arkansas Business Staff 1/16/2017 12:00 am

Cameron Smith, founder of the executive recruitment firm Cameron Smith & Associates in Rogers, says business has been good, so good that the firm has opened an office in San Antonio and is looking at offices in Chicago and Nashville, Tennessee, as well.

Attorneys Ask for Additional $86M from Wal-Mart in Truck Drivers Case

by Arkansas Business Staff 1/16/2017 12:00 am

Plaintiffs' attorneys for Wal-Mart truck drivers who were awarded more than $54 million in damages in an overtime case are now asking a judge to add another $86.1 million to the award.

Simmons, Home BancShares Set To Vault Into $10B Club

by George Waldon 1/16/2017 12:00 am

Arkansas membership in the $10 billion bank club should double by the end of September. Home BancShares Inc. and Simmons First National Corp. have two pending acquisitions that will help take them beyond $10 billion to join Arvest Bank Group Inc. and Bank of the Ozarks Inc.

Election Effect Boosts Arkansas Banks

by George Waldon 1/16/2017 12:00 am

Simmons First National Corp. and Home BancShares Inc. were among those companies enjoying sizable stock price bumps during the past two months.

Executive Ranks Shuffle at Flipkart, Eyed by Wal-Mart

by Reuters 1/13/2017 10:52 am

Kalyan Krishnamurthy is named CEO of India's Flipkart, in which Wal-Mart is looking to invest between $750 million and $1 billion.