Public Companies Archive

Show-Me State Hoosier Mark McFatridge Leads Bear State Financial

by George Waldon 12/7/2015 12:00 am

When Bear State Financial made its first out-of-state acquisition of Metropolitan National Bank of Springfield, Missouri, it didn't find just a merger partner in Mark McFatridge, president and CEO of Metropolitan. It found a new leader for its management team.

Car-Mart Not Sweating Short-Term Loss

by Marty Cook 12/7/2015 12:00 am

Hank Henderson, the CEO of America's Car-Mart of Bentonville, has seen the competitive environment in the used-car financing market frustrate his company for more than three years now. Last month, Car-Mart reported a loss of $485,000 for the second quarter of fiscal 2016.

J.B. Hunt VP Erin Taylor on Seeing Safety in Numbers

by Arkansas Business Staff 12/7/2015 12:00 am

In 2014, Taylor was promoted to vice president of finance for the ICS division, which reported revenue of $718 million in 2014.

Report: Acxiom Buys Allant's Advanced Ad Business

by Lance Turner 12/4/2015 11:19 am

Multichannel News reports that Acxiom Corp. of Little Rock has purchased the advanced-advertising unit of Allant Group of Naperville, Illinois, a TV software and analytics company.

Windstream Names Sarah Day President of Consumer and Small Business

by Arkansas Business Staff 12/3/2015 10:42 am

Windstream Holdings Inc. of Little Rock said Thursday that CEO Tony Thomas appointed Sarah Day as president of Consumer and Small Business effective Jan. 1.

Tyson Foods Names VP of Finance for Retail Packaged Brands Group

by Arkansas Business Staff 12/3/2015 10:40 am

Tyson Foods Inc. of Springdale said Thursday that Garrett Olson has promoted to vice president of finance for the meat processor's retail packaged brands group.

ABF Logistics Buys Bear Transportation Services for $26M

by Lance Turner 12/1/2015 04:21 pm

ABF Logistics, a subsidiary of publicly traded ArcBest Corp. of Fort Smith, said Tuesday that it has acquired Bear Transportation Services LP, a private, non-asset truckload brokerage firm based in Plano, Texas, for $26 million cash.

Wal-Mart Tops List of Highest Public Company Accounting Fees

by Arkansas Business Staff 11/30/2015 12:00 am

Public companies headquartered in Arkansas ranked by total accounting fees paid to outside auditors in most recently reported fiscal year.

Corporate Welfare Hurts Arkansas Workforce (Jacob Bundrick Commentary)

by Jacob C. Bundrick 11/30/2015 12:00 am

A region's workforce is vital to economic growth. Yet with such a consensus about the importance of the workforce, it is incredible to find that Arkansas has a shortage of qualified, skilled job applicants.

Noranda Laying Off 38 at Newport Aluminum Plant

by Alexis Hosticka 11/24/2015 08:50 am

Noranda says it will lay off 38 employees at its Newport plant on or around Dec. 3.

Wal-Mart Pulls Cyber Monday Forward to Sunday, Record Industry Sales Expected

by Nathan Layne, Reuters 11/23/2015 07:38 am

Wal-Mart Stores Inc. of Bentonville has decided that Cyber Monday, the biggest online shopping day of the year, should not start on a Monday anymore.

Analysis: Wal-Mart Scrimps on Hiring As Store Space Grew Rapidly

by Nathan Layne, Reuters 11/23/2015 07:34 am

Wal-Mart has been dogged by criticism of the standard of its stores in recent years, including long checkout lines and insufficient stocking of its shelves. A Reuters analysis of the giant discount retailer's growth and its employee numbers may help explain why

Tyson Foods 4Q Net Income Up 88 Percent

by Lance Turner and Mark Carter 11/23/2015 07:17 am

Tyson Foods Inc. of Springdale on Monday reported an 88 percent increase in a key measure of profit as its prepared foods and chicken segments continued to show growth.

U.S. Supreme Court Hears Tyson's Overtime Case

by Mark Friedman 11/23/2015 12:00 am

The U.S. Supreme Court heard arguments earlier this month in a case brought by Tyson Foods Inc. that challenges a nearly $6 million class-action award involving overtime pay at its Iowa pork processing plant.

Georgia-Pacific's Crossett Mill On Front Line of Tissue Wars

by Gwen Moritz 11/23/2015 12:00 am

Georgia-Pacific employs almost 3,500 Arkansans, including 1,500 in Crossett. Of those, more than 1,100 work at the paper mill. The plant runs constantly — four shifts working an average of 40-42 hours per week — in an industry that has emphasized sustainability for decades.

Cooper Tire Thrives in Texarkana

by Mark Friedman 11/23/2015 12:00 am

Cooper Tire employs nearly 2,000 workers, most of whom are members of the United Steelworkers Local 752L, making Cooper Tire one of Arkansas' largest employers.

Delayed Growth of Nestlé Foods Regains Promise at Jonesboro Plant

by George Waldon 11/23/2015 12:00 am

Market forces stymied the envisioned ramp-up to 1,000 employees in the years that followed the Nestlé plant announcement in July 2001. But these days that number looks more attainable than ever.

Wal-Mart's Cindi Marsiglio Sees Progress in Made In USA Initiative

by Arkansas Business Staff 11/23/2015 12:00 am

As Wal-Mart Stores Inc. Vice President of U.S. Manufacturing, Cindi Marsiglio oversees the company's 2013 initiative to spend an additional $250 billion on U.S.-made goods during the next 10 years.

Simmons Snags Arvest's Greg Martin as Top NWA Executive

by Gwen Moritz 11/20/2015 11:14 am

Greg Martin, a senior vice president at Arvest Bank in Fayetteville, has been hired to succeed James Stobaugh as Simmons First National Bank's top executive in northwest Arkansas.

Car-Mart Reports $485,000 Loss

by Marty Cook 11/20/2015 09:17 am

America's Car-Mart Inc. of Bentonville reported a loss of $485,000 in the second quarter of fiscal 2016.