Public Companies Archive

Fed's James Bullard: Only One Rate Hike Needed Now

by Lance Turner 10/25/2016 10:12 am

James Bullard, president of the Federal Reserve Bank of St. Louis, says one hike to a key interest rate is all that's needed right now.

Site Selector: Arkansas' Strong Economic Development Teams An Asset

by Alexis Crowe 10/24/2016 10:29 am

Phil Schneider is the board chair of the Site Selectors Guild and has been in the industry for more than 30 years. The guild is meeting in Little Rock this week.

Online Recruitment Works If Done Correctly, Experts Say

by Sarah Campbell 10/24/2016 12:00 am

Automated job-match programs — like Monster, Indeed, Glassdoor, Career Builder, Dice and the state-run Arkansas JobLink — are still useful, but experts say employers have to use them smartly to get the best results.

Signs of the Times (Gwen Moritz Editor's Note)

by Gwen Moritz 10/24/2016 12:00 am

Most of us who have been in the workplace for a while have encountered the most frustrating kind of co-worker: the one whose hard skills are good, or good enough, but whose soft skills create tension.

No Surprise: Higher Pay Helps Attract, Retain Employees

by Mark Friedman 10/24/2016 12:00 am

All industries, from health care to manufacturing, have faced a shortage of workers. Kathy Deck, director of the Center for Business & Economic Research at the Sam M. Walton School of Business at the University of Arkansas, says increasing pay would be the first action she would suggest when companies can't find the right workers to fill positions.

Employers Seek Hires With Soft Abilities Like Attitude, Teamwork

by Kyle Massey 10/24/2016 12:00 am

“Skills gap” discussions often pivot on abilities or qualifications that employers find in short supply, but broader communication and human interaction traits are more likely to determine success or failure on the job, human resources experts say.

Bear State Financial 3Q Earnings Up 47 Percent

by Arkansas Business Staff 10/21/2016 11:31 am

Bear State Financial Inc. of Little Rock reports third-quarter earnings of $4.7 million, up 47 percent from the same time last year.

Simmons First 3Q Net Income Up 8 Percent

by Lance Turner 10/20/2016 11:12 am

Simmons First National Corp. of Pine Bluff on Wednesday reported third-quarter net income of $23.4 million, up 8 percent from the same quarter last year.

Home BancShares 3Q Profit Up 22 Percent

by Lance Turner 10/20/2016 07:06 am

Home BancShares Inc. of Conway reports record quarterly profit of $43.6 million, up 22 percent from the same quarter last year.

Pete Yuan Off to Texas, IberiaBank Names New Arkansas Leader

by Lance Turner 10/18/2016 01:55 pm

IberiaBank Corp. says Gregory K. Smithers, an executive vice president and regional president of the bank's Tennessee operations, will now also oversee the bank's Arkansas operations.

Windstream Announces Expansion of Long-Haul Network

by Arkansas Business Staff 10/18/2016 11:14 am

Windstream Holdings Inc. of Little Rock announced on Tuesday that it is expanding its long-haul express fiber transport network throughout the western United States using Infinera Corp.'s DTN-X platform.

JB Hunt 3Q Earnings Down 3 Percent

by Lance Turner 10/17/2016 09:57 am

J.B. Hunt Transport Services Inc. of Lowell on Monday reported third-quarter net earnings of $109.4 million, down 5 percent from the same time last year.

Inuvo Sets $100M Goal For Annual Revenue

by Sarah Campbell 10/17/2016 12:00 am

Inuvo CEO Richard Howe is explicit about the company's goal: It should be posting $25 million in revenue per quarter by the fourth quarter of next year. In other words, by 2018, it should be a $100 million company.

Arkansas Cooperatives Apply Rural Electrification Model to Internet Access

by Sarah Campbell 10/17/2016 12:00 am

Ouachita Electric in Camden, North Arkansas Electric in Salem (Fulton County) and Ozarks Electric in Fayetteville plan to deliver internet via fiber optic cable to their members in the next few months.

Todd Hillman of MISO on Keeping Arkansas Within Balance of Power

by Arkansas Business Staff 10/17/2016 12:00 am

Todd Hillman is the vice president of Midcontinent Independent System Operator's south region, the company which took over the electricity transmission of Entergy Corp. in Arkansas in 2011.

USA Truck Increases Pay for Independent Drivers

by Arkansas Business Staff 10/13/2016 11:20 am

USA Truck Inc. of Van Buren announced it has raised pay for independent drivers. The changes went into effect Oct. 1 and raised pay to $1.02 to $1.35 per mile, depending on how long of a route the driver has.

Bank of the Ozarks' 3Q Net Income Up 65 Percent

by Lance Turner 10/11/2016 09:45 am

Bank of the Ozarks Inc. of Little Rock reports record third-quarter net income of $76.0 million, up 65 percent from the same quarter last year, as it completed two major bank acquisitions.

Tyson Foods Buys Ownership Stake in Beyond Meat

by Arkansas Business Staff 10/10/2016 04:59 pm

Tyson Foods Inc. of Springdale has taken a 5 percent ownership stake in plant-based protein producer Beyond Meat, both companies announced Monday.

Ray Dillon Retires from Deltic, Mark Leland Named Interim CEO

by Gwen Moritz 10/10/2016 04:36 pm

The board of directors of Deltic Timber Corp. announced Monday the retirement of Ray C. Dillon as president and CEO and elected a new director, D. Mark Leland, as interim president and CEO.

Technological Advances Key to Any Business' Success, Says Kevin Turner

by Marty Cook 10/7/2016 04:38 pm

Digital technology represents the fourth industrial revolution of the U.S., according to CEO of Citadel Securities Kevin Turner at the Northwest Arkansas Technology Summit.