Public Companies Archive

Former American Airlines CEO Tom Horton Joins Wal-Mart Board

by Arkansas Business Staff 11/24/2014 11:32 am

The executive who led American Airlines successfully through bankruptcy reorganization but did not remain long after a huge merger with another carrier has joined the board of Wal-Mart.

NWA's 'Vendorville' Lets Down Guard as Millennials Blend In

by Arkansas Business Staff 11/24/2014 12:00 am

Cameron Smith, whose efforts to place women on corporate boards of directors was the subject of a front-page story last week, says it's not always easy persuading denizens of New York and Silicon Valley to move to Vendorville, the Bentonville-Rogers-Springdale-Fayetteville metroplex that's home to 1,390 suppliers to Wal-Mart Stores Inc.

Take It From George (Editorial)

by Arkansas Business Editors 11/24/2014 12:00 am

One of the mysteries of life is why people refuse to take action that would directly benefit them. Call it the “own worst enemy” syndrome.

Holiday Shopping By the Numbers

by Arkansas Business Staff 11/24/2014 12:00 am

Even before the table is cleared and the dishes are washed, a good number of Americans will be abandoning the Thanksgiving feast for the shopping centers and big box retailers. The National Retail Federation's annual Holiday Consumer Spending Survey, conducted by Prosper Insights & Analytics, reports that the mood of consumers is a bit brighter this year, if spending plans are an indicator.

Grand Bancorp Reassembles Lending Duo

by George Waldon 11/24/2014 12:00 am

Grand Bancorp Inc. of Grove, Oklahoma, is moving forward with the $6 million purchase of Decatur State Bank. The transaction will be funded through a $2.75 million stock offering and a $3.2 million loan from Grand Bancorp. When the deal is completed before year's end, the $128 million-asset Benton County bank will rejoin its sister company, Grand Savings Bank in Grove.

Car-Mart Uses GPS To Improve ‘Efficiency'

by Marty Cook 11/24/2014 12:00 am

Car-Mart announced in its quarterly earnings report in August that it had invested in the GPS technology and the devices were now in about 67 percent of the cars it had sold. It should be no shocking news flash that many car buyers at dealerships such as Car-Mart have little credit or not the best of credit and thus are considered high risk.

Dillard's Declares Quarterly Dividend

by Associated Press 11/21/2014 11:39 am

Dillard's Inc. of Little Rock announces a cash dividend of 6 cents per share on its Class A and Class B Common Stock.

USA Truck Adds 2 to Dedicated Freight Team

by Marty Cook 11/21/2014 11:27 am

USA Truck Inc. of Van Buren names Greg Lutes vice president and general manager of the company's dedicated freight team.

Warren Stephens' Halifax Media Sells to New York Firm

by Sean Beherec 11/21/2014 07:35 am

New Media Investment Group Inc. of New York City has announced plans to purchase Halifax Media, the newspaper chain partially owned by Warren Stephens, for $280 million.

Windstream to Cut 350 Positions, 38 In Arkansas, by December

by Sean Beherec 11/20/2014 03:31 pm

Windstream Holdings Corp. of Little Rock announced Thursday that the company is cutting 350 positions by Dec. 1, including 38 jobs in Arkansas. The cuts represent about 2.5 percent of the company's workforce of about 13,000.

Dillard's Investor Advises Company to Pursue REIT Spinoff

by Lee Hogan 11/20/2014 11:58 am

One of the Little Rock-based Dillard's Inc. investors is advising the company to split into a real-estate investment trust and an operating company.

America's Car-Mart 2Q Earnings Rise Amid Higher Sales

by Marty Cook 11/20/2014 09:20 am

America's Car-Mart Inc. of Bentonville reports second-quarter earnings of $7.5 million, a 29.5 percent increase from the same quarter a year ago.

Tyson CEO Donnie Smith: Hillshire Opens Door to More Growth

by Marty Cook 11/19/2014 01:17 pm

Donnie Smith, CEO and president of Tyson Foods Inc. of Springdale, said Wednesday that it's an exciting time to be in the food business, especially as the company moves forward after its $8.55 billion acquisition of Hillshire Brands Inc. of Chicago.

Chuy's to Open in March in North Little Rock

by Lance Turner 11/17/2014 08:59 am

Chuy's will open a new restaurant in North Little Rock in March, according to its local owner and operator Dallas Hagar.

Tyson Foods Posts Record Quarterly Sales

by Lance Turner 11/17/2014 07:51 am

Tyson Foods Inc. of Springdale reports a 47 percent decline in quarterly net income on record sales of $10.1 billion as the meat processor continues to integrate the biggest acquisition of its history, Hillshire Brands Inc. of Chicago.

Johnelle Hunt on Shifting Gears After Trucking To Reach Pinnacle

by Arkansas Business Staff 11/17/2014 12:00 am

Arkansas Business talks with Johnelle Hunt, who, along with her late husband, J.B., founded J.B. Hunt Transport Services of Lowell.

Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

by Gwen Moritz 11/17/2014 12:00 am

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent.

Cameron Smith & Associates' Mission To Put More Women in Public Company Boardrooms

by Jan Cottingham 11/17/2014 12:00 am

Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn't simply a theoretical matter of equity; it's a matter of performance. Cameron Smith wants to use the contacts built up over 20 years of helping to put women on corporate boards. And women — particularly in Arkansas — could use his help.

Dillard's 3Q Net Income Up 8 Percent

by Lance Turner 11/13/2014 07:19 am

Dillard's Inc. of Little Rock on Thursday reported third-quarter net income of $55.2 million, up 8.4 percent from the $50.9 million it reported in the same quarter last year.

Sarah Day Named Senior VP at Windstream

by Arkansas Business Staff 11/10/2014 12:00 am

As senior VP of small and medium-sized business sales and marketing, Sarah Day will oversee all aspects of Windstream's relationship with small and medium-sized business (SMB) customers, including sales, customer care and product marketing.