Public Companies Archive

Slow Housing Recovery Drags on Deltic Timber Earnings

by Lance Turner 10/21/2015 03:41 pm

Deltic Timber Corp. of El Dorado on Wednesday reported a net profit of just $38,000, down from $6 million in the same quarter last year.

Wal-Mart Exec to AAEA: We're Working to Reduce Energy Footprint

by Mark Carter 10/20/2015 02:22 pm

Wal-Mart is committed to renewable energy and has implemented measures to further reduce its energy footprint, its vice president for energy told the Arkansas Advanced Energy Association Tuesday.

Windstream's $575M Data Center Sale Includes Partnership with Buyer

by Lance Turner 10/20/2015 09:35 am

Windstream Holdings Inc. of Little Rock on Monday announced a $575 million all-cash deal to sell its data center business to TierPoint LLC of St. Louis, a privately held data center services company.

Bank of the Ozarks' $800M Deal Gives It Big Presence in Georgia

by Gwen Moritz 10/20/2015 08:46 am

Bank of the Ozarks' record-setting deal to buy Community & Southern Bank of Atlanta will mean the bank George Gleason built will have almost as many branches in Georgia as it has in Arkansas. The deal will grow its assets — $9.3 billion as of Sept. 30 — by nearly 50 percent in a single gulp.

Wal-Mart Puts Squeeze on Suppliers to Share Pain as Earnings Sag

by Nathan Layne, Reuters 10/19/2015 07:51 am

Suppliers are already being squeezed for price cuts and cost sharing by Wal-Mart. Now they're bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer last week.

Home BancShares 3Q Profit Up 31 Percent to $36M

by Lance Turner 10/15/2015 07:10 am

Home BancShares Inc. of Conway on Thursday reported third-quarter profit of $35.7 million, up 30.6 percent from the same quarter last year.

Wal-Mart Stock Drops 10 Percent Amid Lowered Projections

by Alexis Hosticka 10/14/2015 11:04 am

Shares of Wal-Mart Stores Inc. of Bentonville ended the day down 10 percent after CFO Charles Holley revealed that the retailer's earnings per share could drop 6 percent to 12 percent in fiscal year 2017. The retailer made the announcement at its 22nd annual "Meeting for the Investment Community" in New York.

Arkansas Business Hall of Fame to Induct 4

by Arkansas Business Staff 10/14/2015 10:56 am

The 2016 inductees are: William T. Dillard II of Dillards Inc.; Dr. George K. Mitchell, former Arkansas Blue Cross and Blue Shield CEO; former Gov. Winthrop Rockefeller; and Patricia P. Upton of Aromatique.

JB Hunt 3Q Profit Up 12 Percent

by Arkansas Business Staff 10/14/2015 09:55 am

J.B. Hunt Transport Services Inc. of Lowell on Wednesday reported third-quarter net income of $115.1 million, or 99 cents per share. Income is an increase of 12.4 percent from the $102.4 million the company reported for the same quarter of 2014.

Video: Doug McMillon Talks Changes, US Economy on CNBC

by Lance Turner 10/14/2015 08:11 am

Wal-Mart CEO Doug McMillon, in New York today for a meeting with analysts, talks to CNBC's "Squawk Box" about the retailer's strategy.

Bank of the Ozarks 3Q Profit Up 44 Percent

by Lance Turner 10/13/2015 04:45 pm

Bank of the Ozarks Inc. of Little Rock on Tuesday reported third-quarter net income of $46.1 million, up 44 percent from the same quarter last year.

Dillard's Delayed at Conway's Shoppes at Central Landing

by Arkansas Business Staff 10/12/2015 12:00 am

Dillard's announced in August 2014 that it was going to be a key anchor for the Shoppes at Central Landing. But pieces of the project were contingent on infrastructure being completed.

Truckers Still Feeling Driver Pinch

by Marty Cook 10/12/2015 12:00 am

An American Trucking Associations analysis reported an expected shortage of a record-high 47,500 drivers by the end of 2015, an increase of nearly 10,000 from the year before. The report said driver shortage has been a growing problem since the industry began to recover from the recession in 2011.

Arkansas Poultry Industry Braces for Bird Flu

by Marty Cook 10/12/2015 12:00 am

Many Arkansans are looking skyward, eager to see migrating ducks from the north flying though the state when hunting season opens in November. Many other Arkansans are looking in the same direction, but with anxiety rather than eagerness.

Update: Tyson Foods to Put 300 Workers in Downtown Springdale

by Marty Cook 10/8/2015 02:07 pm

Tyson Foods Inc. of Springdale on Thursday announced plans to locate 300 workers in a new two-story, 44,000-SF building in downtown Springdale.

USA Truck Hires Billy Cartright as Vice President of Safety, Recruiting

by Marty Cook 10/6/2015 08:42 am

USA Truck Inc. of Van Buren named Billy Cartright as the company's vice president of safety and recruiting.

Report Shows Northwest Arkansas Competing Well With Bigger Cities

by Marty Cook 10/2/2015 03:04 pm

The fifth annual State of Northwest Arkansas Region Report shows the region competitive in key metrics with other areas, including Austin, Texas, and Madison, Wisconsin.

Simmons First National Bank Names New VP

by Arkansas Business Staff 10/1/2015 02:05 pm

Rosalind M. Mouser of Pine Bluff has joined Simmons First National Bank as senior vice president and deputy general counsel.

Rockline to Expand in Springdale to Fill Wal-Mart Order

by Arkansas Business Staff 10/1/2015 11:03 am

Rockline Industries says it has invested $15 million in expansion at its Springdale plant to accommodate a new facial wipes line for Wal-Mart. The production is being moved from Europe.

Home BancShares Completes $101.6M Deal for Florida Bank Company

by Lance Turner 10/1/2015 10:05 am

Home BancShares Inc. of Conway completes a $101.6 million deal to buy Florida Business BancGroup Inc., the parent company of Bay Cities Bank.