Public Companies Archive

Teamsters Appealing to Gov. Beebe to Save ABF Jobs in NLR

by Marty Cook 5/23/2014 03:11 pm

The president of the Teamsters local in North Little Rock says he will meet with Gov. Mike Beebe next week as the union tries to keep ABF Freight Systems from moving its distribution center — and most of its 300-plus jobs — to Memphis.

UPDATE: USA Truck Expands Board of Directors for Largest Shareholders

by Marty Cook 5/23/2014 01:33 pm

USA Truck Inc. of Van Buren expanded its board of directors to make room for representatives from its largest shareholders. Stone House Capital and Baker Street, that formed United Shareholders for the Benefit of USAK, now own nearly 3 million shares, or 28 percent in the trucking firm.

Export Awards Honor Arkansas Steel, Triangle Engineering, SweepScrub, Harris International, POM

by Mark Carter 5/22/2014 02:11 pm

Five Arkansas companies that do business overseas were honored at the fifth annual Governor's Award for Excellence in Global Trade awards luncheon.

Renewable Energy Group Buys Tyson Foods' Stake in Dynamic Fuels

by Arkansas Business Staff 5/21/2014 03:59 pm

Renewable Energy Group Inc. has reached an agreement with Tyson Foods Inc. of Springdale to acquire Tyson's 50 percent ownership of Dynamic Fuels LLC, the companies announced Wednesday.

Dillard's Declares Quarterly Dividend of 6 Cents

by Lance Turner 5/21/2014 11:18 am

The department store chain, which has said it will be returning more money to shareholders, declared the dividend on its class A and B common stock.

Report: Wal-Mart to Hire 'Hundreds' for Digital Ops Expansion

by Lance Turner 5/20/2014 10:48 am

Wal-Mart Stores Inc. of Bentonville is about to invest even more in its Sunnyvale, Calif., e-commerce operations, according to a report today by the Oakland Tribune.

Arkansas Business to Honor 21st 40 Under 40 Class

by Arkansas Business Staff 5/20/2014 10:24 am

For the 21st consecutive year, Arkansas Business will honor the state's outstanding young professionals at a luncheon for its 40 Under 40 class.

George Gleason Casts An Eye Back to Record Profits

by George Waldon 5/20/2014 09:18 am

George Gleason likes where Bank of the Ozarks Inc. is heading and believes the $6.8 billion-plus asset concern is tracking back toward its record-setting path.

Inuvo CEO Salary Down, Compensation Up

by Luke Jones 5/19/2014 04:56 pm

The salary for Inuvo Inc. CEO Richard Howe fell in 2013, but his total compensation rose.

Bank of the Ozarks Expands Board to 15 Members

by George Waldon 5/19/2014 11:19 am

Greg McKinney, Bank of the Ozarks' chief financial officer and chief accounting officer, is elected to the firm's board of directors during its annual shareholders' meeting. The 45-year-old executive joined the company in 2003.

Trucking Firm ArcBest Opens Its Own Clinic as Antidote to Rising Health Care Costs

by Marty Cook 5/19/2014 12:00 am

A few years ago, ArcBest, formerly known as Arkansas Best Corp., began to research how to control rising health care costs and handle the effects of the federal Affordable Care Act. Discussions kept returning to the idea of an employee-dedicated clinic that would be free to all workers on the company's health care plan.

Retailers Walmart, Amazon Rolling Out Same-Day Deliveries

by Mark Friedman 5/19/2014 12:00 am

Wal-Mart Stores Inc. of Bentonville and Amazon.com Inc. of Seattle recently expanded their pilot programs to offer same-day service to customers in select cities. Both companies in some cases are using their own trucks and drivers to deliver the items, which can range from groceries to televisions.

J.B. Hunt Overtakes FedEx Freight on Largest Trucking List

by Marty Cook 5/19/2014 12:00 am

Another strong year was all it took to put J.B. Hunt Transport Services of Lowell on top of the list of largest trucking companies doing business in Arkansas.

Decision-Making in an Uncertain Environment (Karen Moustafa Leonard Expert Advice)

by Karen Moustafa Leonard 5/19/2014 12:00 am

We all make decisions every day. But in uncertain external and internal business environments, organizational decision-making is becoming a more complicated art. Both environments offer unique challenges for every leader.

Dillard's Expects More Cash to Flow to Shareholders

by Mark Friedman 5/17/2014 11:14 am

Dillard's Inc. CEO William Dillard II said at the company's annual meeting on Saturday that the department store chain has paid $1.7 billion to shareholders over the last five years — and that trend should continue.

USA Truck Falls, Dillard's Rises in Friday Trading

by Lance Turner 5/16/2014 02:46 pm

A tale of two stocks on Friday, as Dillard's Inc. of Little Rock has resumes its bull run and shares of USA Truck Inc. of Van Buren sink after a shareholder sells some of its holdings.

Arkansas Jobless Rate Falls to 6.6 Percent

by Arkansas Business Staff 5/16/2014 09:51 am

The Arkansas unemployment rate for April dropped to 6.6 percent, according to data released Friday by the state's Department of Workforce Services.

Dillard's 1Q Profit Down 5 Percent, Revenue Flat

by Lance Turner 5/15/2014 03:36 pm

Dillard's Inc. of Little Rock on Thursday reported first-quarter profit of $111.7 million, down about 5 percent from the $117.2 million it reported in the same quarter last year.

Dillard's Shares Break Record Again

by Mark Friedman 5/14/2014 10:48 am

Dillard's Inc. of Little Rock smashed its own all-time record on Tuesday when its share price closed at $100.19, up 1.58 percent from Monday's close.

Wal-Mart's March into Financial Services Unsettling to Some

by Mark Friedman 5/12/2014 12:00 am

When Wal-Mart Stores Inc. abandoned its plans to own a bank operation in 2007, it didn't shelve the idea of offering financial services. Last month, the Bentonville retailer unveiled its latest entry into the financial services arena by offering customers a cheaper way to transfer money to any of its 4,200 Wal-Mart stores in the United States.