Public Companies Archive

ArcBest SVP Retires After 20 Years

by Arkansas Business Staff 12/6/2016 11:10 am

Senior vice president J. Lavon Morton will retire after 20 years with ArcBest Corp. of Fort Smith.

Murphy Oil Subsidiary to Get 30 Percent Stake in Mexico Oil Venture

by Kyle Massey 12/6/2016 09:17 am

Murphy Oil Corp. of El Dorado expects its Mexican subsidiary, Murphy Sur, to be awarded a 30 percent stake in a joint deepwater oil exploration venture in the Gulf of Mexico.

Tyson Foods Launches $150M Venture Capital Fund

by Lance Turner 12/5/2016 11:35 am

Tyson Foods Inc. of Springdale said Monday that it has a launched a $150 million venture capital fund, called Tyson New Ventures LLC, as it seeks to invest in innovative food companies and technologies.

Chamber of Commerce Foundation Recognizes Wal-Mart

by Arkansas Business Staff 12/5/2016 12:00 am

Wal-Mart Stores Inc. of Bentonville was recognized for having the “Best Economic Empowerment Program.”

Wal-Mart Faces More Damages In Wage Case

by Mark Friedman 12/5/2016 12:00 am

A California jury has ruled against Wal-Mart in a class-action case challenging truck driver pay policies.

Incoming Tyson CEO Tom Hayes Not Starting From Scratch

by Arkansas Business Staff 12/5/2016 12:00 am

Tom Hayes, who becomes CEO of Tyson Foods Inc. of Springdale on Dec. 31, talks about the transition in this expanded version of Executive Q&A.

LiveRamp Will Acquire Two Startups

by Arkansas Business Staff 11/29/2016 02:01 pm

Acxiom Corp. of Little Rock says its company, LiveRamp of San Francisco, will acquire marketing startups Arbor of New York City and Circulate of Philadelphia for about $140 million.

Stone House Drops Stock in USA Truck

by Arkansas Business Staff 11/28/2016 12:00 am

Stone House Capital of New York reported in a filing with the Securities & Exchange Commission that its holdings of USA Truck Inc. of Van Buren had been reduced to 588,961 shares, or 7.1 percent of the company.

Harding Professor Phil Brown's 4 Ways Arkansas Companies Can Keep Accounting Recruits

by Arkansas Business Staff 11/28/2016 12:00 am

Phil Brown is a professor and co-chair of the Harding University Accounting & Finance Department at Searcy.

Tyson Foods' 4Q Profit Misses Expectations, Shares Fall 15 Percent

by Marty Cook 11/21/2016 12:28 pm

Tyson Foods Inc. of Springdale reports fiscal fourth-quarter earnings of $391 million, or $1.03 per share.

Former Hillshire Exec Tom Hayes to Become Tyson Foods CEO

by Marty Cook and Lance Turner 11/21/2016 11:08 am

Tyson Foods Inc. of Springdale said Monday that Tom Hayes, its president and a former executive with Hillshire Brands Co., will succeed Donnie Smith as CEO on Dec. 31.

BET Founder Robert Johnson Aims to Help Others With Good Ideas

by Kyle Massey 11/18/2016 04:19 pm

Robert L. Johnson, founder of Black Entertainment Television and America's first African-American billionaire, tells tales from a charmed business career during a humor-filled talk at the annual meeting of the Little Rock Regional Chamber.

America's Car-Mart Reports 2Q Income of $5M

by Arkansas Business Staff 11/18/2016 11:35 am

America's Car-Mart Inc. of Bentonville on Thursday reported fiscal second-quarter income of $5 million, up from a loss of $495,000 it reported in the same quarter a year ago.

Simmons First to Pay $72M for Third Bank in Tennessee

by Gwen Moritz 11/17/2016 07:04 pm

Simmons First National Corp. of Pine Bluff has struck a deal to acquire another Tennessee bank: First South Bank of Jackson.

Home BancShares to Buy Bank of Commerce in Florida

by Lance Turner 11/17/2016 02:18 pm

A bankruptcy court in Florida declares Home BancShares Inc. of Conway the successful bidder to buy The Bank of Commerce, a Florida state-chartered bank that operates in the Sarasota area.

Report Outlines Possible Changes to Arkansas Tax Code

by Sarah Campbell 11/14/2016 02:10 pm

The Tax Foundation, a national Washington-based nonprofit, releases "Arkansas: A Road Map for Tax Reform," a report on the state's tax code and recommendations for how to change it.

CS&L Reports 3Q Loss, Acquisition in Latin America

by Lance Turner 11/14/2016 11:51 am

Communications Sales & Leasing Inc. announces a third-quarter loss while revenue rose 15 percent and the company announced an acquisition of communications towers in Latin America.

Dillard's Sees 3Q Profit Down 50 Percent Amid More Sales Declines

by Arkansas Business Staff 11/10/2016 04:06 pm

Dillard's Inc. of Little Rock reports third-quarter net income of $22.8 million, down 50 percent from the same quarter last year, and same-store sales continued a streak of declines. CEO William Dillard II said the retailer is working through a "tough time."

Medical Marijuana: A Fact of Life for Arkansas Employers (Stuart Jackson Commentary)

by Stuart Jackson 11/10/2016 09:57 am

Arkansas is the latest of many states to allow medical marijuana. What does the new law do, and how will it play out in the Arkansas workplace?

Wal-Mart Boosts Online Holiday Inventory for Black Friday

by Nandita Bose, Reuters 11/10/2016 07:32 am

Wal-Mart Stores Inc. of Bentonville will boost its online inventory for Black Friday by more than half this year and make deals available on its website early Thanksgiving morning.

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