Public Companies Archive

Don Soderquist, Former Wal-Mart COO, Dies at 82

by Marty Cook 7/22/2016 11:30 am

Former Wal-Mart Stores Inc. executive Don Soderquist died Thursday from complications following heart surgery. He was 82. Soderquist was often credited for his strong influence on Wal-Mart's culture.

Bank of the Ozarks Seals 2 Deals, Is Biggest in Arkansas by Assets

by Arkansas Business Staff 7/22/2016 11:15 am

Bank of the Ozarks Inc. of Little Rock completes acquisitions of Community & Southern Bank of Atlanta and C1 Bank of St. Petersburg, Florida, and leaps over Arvest in asset size.

Bear State Financial: 2Q Net Income Up 80 Percent

by Lance Turner 7/21/2016 10:40 am

Bear State Financial Inc. of Little Rock reports second-quarter net income of $4.5 million, up 80 percent from the same quarter last year.

Home BancShares 2Q Net Income Up 28 Percent to New Record

by Lance Turner 7/21/2016 07:09 am

Home BancShares Inc. of Conway reports second-quarter net income of $43.5 million, up 28 percent from the same quarter last year.

Simmons First 2Q Net Income Up 14 Percent

by Lance Turner 7/21/2016 07:00 am

Simmons First National Corp. of Pine Bluff announces second-quarter net income of $22.9 million, up 14 percent from the same quarter last year, as the company continued to integrate recent acquisitions.

Wall Street Journal: Bank of the Ozarks Fills Loan Void in Big Markets

by Lance Turner 7/20/2016 10:33 am

The Wall Street Journal today takes a look at Bank of the Ozarks Inc. of Little Rock, which it says is filling a loan void in big markets like New York and Houston.

J.B. Hunt Lowers Expectations After 2Q Earnings Report

by Marty Cook 7/18/2016 10:08 am

J.B. Hunt Transport Services Inc. of Lowell revised its 2016 financial expectations after reporting second-quarter earnings Monday.

Wichita Bank Buys Community First Bancshares in $69M Deal

by Lance Turner 7/15/2016 08:43 am

Equity Bancshares Inc. of Wichita said Thursday that it had agreed to purchase all outstanding shares of Community First Bancshares Inc. of Harrison in a deal worth about $69 million. The deal will require Community First to dispose of its $8.2 million ownership interest in White River Bancshares Inc. of Fayetteville, which controls Signature Bank of Arkansas and the Bank of Brinkley.

USA Truck Announces Logistics Moves

by Arkansas Business Staff 7/14/2016 12:53 pm

USA Truck Inc. of Van Buren made several organizational changes in its USAT Logistics division.

Beige Book: Economy Improving, Modest Job Growth Across US

by Alexis Hosticka 7/14/2016 10:19 am

The U.S. economy has continued to improve at a modest pace, according to the Federal Reserve's latest survey of business conditions, released Wednesday.

Bank of the Ozarks Reports Record 2Q Net Income

by Arkansas Business Staff 7/11/2016 06:56 am

Bank of the Ozarks Inc. of Little Rock on Monday announced record second quarter net income of $54.5 million, up nearly 22 percent increase from the same quarter last year.

Verizon Arena On Track for Biggest Revenue Year Ever

by George Waldon 7/11/2016 12:00 am

From the outside looking in, 2016 is producing a bumper crop of crowd-drawing entertainment at North Little Rock's Verizon Arena. A banner-year-in-the-making forecast holds up to review by the ultimate arena insider.

Brent Medders Awarded for Positive Domino's Effect (Movers & Shakers)

by Arkansas Business Staff 7/11/2016 12:00 am

Brent Medders, owner of 22 Domino's Pizza stores throughout Arkansas, was recently awarded the International Franchise Association Gold Franny Award for operational excellence for the fourth consecutive year.

Tenaris Lays Off 100 At Blytheville Mill

by Sarah Campbell 7/8/2016 10:24 am

Tenaris of Luxembourg City, Luxembourg, announced Thursday that it is laying off about 100 employees at its welded pipe mill in Blytheville.

USA Truck Providing 15 CDL Training Scholarships

by Arkansas Business Staff 7/8/2016 09:21 am

USA Truck will pay for 15 qualified applicants to complete a five-week commercial driver's license training program through a partnership of the University of Arkansas Global Campus, Northwest Technical Institute and Mid-America Truck Driving School.

Billions in Safety Costs Pay Off for Truckers

by Marty Cook 7/4/2016 12:00 am

The American Trucking Associations released a report on a 2015 study that showed that the trucking industry spends $9.5 billion a year on safety initiatives. The investments are proving to be worth it.

CEO, CFO See Annual Compensation Decline at Acxiom

by Lance Turner 6/30/2016 02:43 pm

Two of five named executive officers at Acxiom Corp. of Little Rock saw their annual compensation decline in fiscal 2016, a year when the publicly traded data services company swung to an annual profit from a loss the year before.

Federal Reserve Approves 2 Bank of the Ozarks Acquisitions

by Lance Turner 6/29/2016 11:24 am

The Federal Reserve Board on Tuesday approved Bank of the Ozarks' record-setting deal to buy Community & Southern Bank of Atlanta, along with another deal to buy C1 Financial Inc. of St. Petersburg, Florida.

Walton Family Foundation Gives $250M to Charters in Little Rock, 16 Other Cities

by Arkansas Business Staff 6/28/2016 11:16 am

The Walton Family Foundation on Tuesday announced it will give $250 million to charter schools in 17 cities, including Little Rock, as it aims to meet "growing demand for high-quality public school options."

At Latest Summit, Wal-Mart Seeks More American-Made Goods

by Marty Cook 6/28/2016 10:50 am

Wal-Mart Stores Inc. promised "everything is a yes" at the opening session of the company's "Open Call" with suppliers of U.S.-made products Tuesday. The U.S. Manufacturing Summit, held at the company's home office in Bentonville, is part of the retailer's 2013 initiative to spend $250 billion on American-produced goods for its stores, Sam's Clubs and Walmart.com.