Public Companies Archive

Arvest, Bear State Transaction Progresses

by Arkansas Business Staff 4/9/2018 12:00 am

The biggest bank buy to date for Fayetteville's Arvest Bank is headed for completion around April 20 at last report. But some loose ends are still in play.

Walmart Delivery Policy Presses Its Suppliers

by Marty Cook 4/9/2018 12:00 am

Walmart Inc.'s delivery requirements for its suppliers got even stricter April 1 when new metrics took effect.

Arkansas Sees Increase in Personal Income

by Arkansas Business Staff 4/9/2018 12:00 am

Personal income in Arkansas rose 3.2 percent in 2017, the U.S. Bureau of Economic Analysis reported late last month. That increase beat the average for all the states of 3.1 percent.

Acxiom Corp. Trims Workers As It Combines Segments

by Sarah Campbell-Miller 4/5/2018 03:16 pm

Acxiom Corp. of Conway says it is cutting 2 percent of its global workforce of about 3,300 as it combine its Audience Solutions and Marketing Services divisions into a new business unit called Acxiom Marketing Solutions. The company declined to say how many Arkansas workers would be affected.

Uniti Group CEO Kenny Gunderman, Other Execs Paid More in 2017

by Sarah Campbell-Miller 4/5/2018 02:58 pm

Total compensation for Kenny Gunderman, CEO and president of Uniti Group Inc. of Little Rock, increased to $5.4 million in 2017 from $5.1 million in 2016.

Acxiom Sees Signs Facebook Will Reconsider Costly Decision

by Sarah Campbell-Miller 4/4/2018 10:21 am

Acxiom CEO Scott Howe wrote in a blog post late Tuesday that the Conway company is seeing signs that Facebook will reconsider its decision to end Facebook Partner Categories.

Arvest, Bear State Get Approval for $391M Deal

by Lance Turner 4/3/2018 09:50 am

Arvest Bank of Fayetteville is closer to completing its $391 million all-cash acquisition of Bear State Bank of Little Rock, the two companies announced Monday.

Acxiom to Expand Share Repurchase Program

by Lance Turner 4/2/2018 11:44 am

Data services provider Acxiom Corp. of Conway says it will expand its share repurchase program by $100 million to $500 million and extend it through Dec. 31, 2019.

Murphy Oil Names Louis Utsch as Tax Chief, Succeeding Tim Butler

by Kyle Massey 4/2/2018 09:33 am

A little over a month after naming a new executive vice president and chief financial officer, Murphy Oil Corp. of El Dorado has installed a new leader in its tax department, announcing Louis W. Utsch as vice president, tax.

Adam Mitchell of Citizens Bank Says Expansion in Arkansas Will Come Naturally

by Arkansas Business Staff 4/2/2018 12:00 am

Adam Mitchell talks about his recent move from Simmons Bank to Citizens Bank as president and chief lending officer.

Walmart to Move Formal Business Out of Walton Arena Party

by Lance Turner 3/29/2018 09:47 am

Walmart Inc. of Bentonville said Wednesday that it will change the format of its annual shareholders meeting, which takes place June 1 at Bud Walton Arena at the University of Arkansas in Fayetteville.

Update: Facebook Decision Will Cost Acxiom Up to $25M

by Sarah Campbell-Miller 3/29/2018 09:34 am

Facebook's decision to stop offering advertisers data provided by third-party aggregators will cost Acxiom Corp. up to $25 million, the Conway data mining company announced late Wednesday. Acxiom said the decision to end Facebook Partner Categories will hit both revenue and profitability.

Tyson Foods Explores Sale of Pizza Crust Business

by Arkansas Business Staff 3/28/2018 09:16 am

Tyson Foods Inc. of Springdale explores selling its pizza crust business, TNT Crust, "as part of its strategic focus on protein."

Windstream CEO Tony Thomas' Pay Increased in 2017; Reverse Stock Split Recommended

by Sarah Campbell-Miller 3/28/2018 09:08 am

Windstream Holdings Inc. President and CEO Tony Thomas' total compensation increased by 23 percent to $5.4 million in 2017 from $4.4 million in 2016.

Windstream Acquires New York Company For $37.5M

by Arkansas Business Staff 3/27/2018 03:15 pm

Windstream Holdings Inc. of Little Rock announced Tuesday that it has acquired Mass Communications of New York in a $37.5 million all-cash transaction.

USA Truck Hires New Logistics SVP

by Arkansas Business Staff 3/27/2018 09:11 am

USA Truck Inc. of Van Buren announced Monday that George Henry wil be its senior vice president of USAT Logistics. James Craig, the division's current president, will retire May 1.

In Personal Use of Company Jets, Tyson Soars

by Mark Friedman 3/26/2018 12:00 am

Arkansas Business reviewed proxy documents from 17 publicly traded companies based in Arkansas to report on those that offer executives the perk of using the company jet for personal trips.

Plan Now for a 'Black Sky Event' (David Maxwell Commentary)

by David Maxwell 3/26/2018 12:00 am

The causes that would trigger a black sky event take the response and restoration to a new level. In a longer electrical outage, the cascading effects magnify.

UCA Climbs Aboard Blockchain Bandwagon

by Sarah Campbell-Miller 3/26/2018 12:00 am

Late last month, the University of Central Arkansas in Conway became the first college to join the Blockchain in Transport Alliance, an international trade organization that focuses on developing blockchain standards and education for the transportation industry.

ArcBest Execs See Pay Rise in 2017

by Lance Turner 3/23/2018 11:24 am

ArcBest Corp. CEO Judy McReynolds made $2.1 million in 2017, up from the $1.61 million she made in in 2016, the company reported in its annual proxy statement filed with the U.S. Securities & Exchange Commission.