Public Companies Archive

Machen Succeeds McFatridge as CEO of Bear State Financial

by Gwen Moritz 1/18/2017 04:06 pm

Mark McFatridge has resigned as CEO of Bear State Financial, and the board of directors of the publicly traded bank holding company announced Wednesday that Matt Machen will be his replacement.

Acxiom Announces Partnership With Verve

by Arkansas Business Staff 1/18/2017 01:13 pm

Acxiom Corp. of Little Rock announces a new strategic partnership with Verve of New York, a location-powered mobile marketing firm.

Bank of the Ozarks Posts Record 4Q, Yearly Net Income

by George Waldon 1/17/2017 09:56 am

Bank of the Ozarks Inc. on Tuesday announced record fourth quarter net income of $87.8 million, a 71 percent increase from quarterly net income of $51.5 million a year ago.

Simmons First Names Jerry Hunter, Mindy West to Board

by Arkansas Business Staff 1/16/2017 09:37 am

Simmons First National Corp. of Pine Bluff announced Friday the addition of Jerry M. Hunter of St. Louis, Missouri, and Mindy West of El Dorado to its board of directors.

Price-Fixing Lawsuit Triggers More Litigation Against Tyson

by Mark Friedman 1/16/2017 12:00 am

A lawsuit alleging a massive price-fixing conspiracy involving Tyson Foods Inc. and other chicken producers has sparked more litigation against the Springdale meat producer.

Simmons First Eyes Downtown Acxiom Building in Little Rock

by Arkansas Business Staff 1/16/2017 12:00 am

If Simmons First National Corp. moves forward with an acquisition, it would facilitate the consolidation of about 200 staffers scattered around town.

Cameron Smith & Associates Expanding

by Arkansas Business Staff 1/16/2017 12:00 am

Cameron Smith, founder of the executive recruitment firm Cameron Smith & Associates in Rogers, says business has been good, so good that the firm has opened an office in San Antonio and is looking at offices in Chicago and Nashville, Tennessee, as well.

Attorneys Ask for Additional $86M from Wal-Mart in Truck Drivers Case

by Arkansas Business Staff 1/16/2017 12:00 am

Plaintiffs' attorneys for Wal-Mart truck drivers who were awarded more than $54 million in damages in an overtime case are now asking a judge to add another $86.1 million to the award.

Simmons, Home BancShares Set To Vault Into $10B Club

by George Waldon 1/16/2017 12:00 am

Arkansas membership in the $10 billion bank club should double by the end of September. Home BancShares Inc. and Simmons First National Corp. have two pending acquisitions that will help take them beyond $10 billion to join Arvest Bank Group Inc. and Bank of the Ozarks Inc.

Election Effect Boosts Arkansas Banks

by George Waldon 1/16/2017 12:00 am

Simmons First National Corp. and Home BancShares Inc. were among those companies enjoying sizable stock price bumps during the past two months.

Executive Ranks Shuffle at Flipkart, Eyed by Wal-Mart

by Reuters 1/13/2017 10:52 am

Kalyan Krishnamurthy is named CEO of India's Flipkart, in which Wal-Mart is looking to invest between $750 million and $1 billion.

USA Truck's Christian Rhodes Leaves Company

by Arkansas Business Staff 1/12/2017 03:25 pm

USA Truck Inc. of Van Buren announced the departure of Chief Information Officer Christian Rhodes in a one-sentence filing with the Securities & Exchange Commission.

Judge Orders Wal-Mart to Pay $16M in Gender Bias Lawsuit

by Jonathan Stempel, Reuters 1/10/2017 03:25 pm

Wal-Mart Stores Inc. has been ordered by a federal judge to pay $16.08 million to a former New Hampshire pharmacist in a gender bias case, but the amount is only about half what a jury awarded and may fall substantially further.

Report: Wal-Mart to Cut Hundreds of Jobs This Month

by Sruthi Ramakrishnan, Reuters 1/10/2017 03:15 pm

Wal-Mart Stores Inc. of Bentonville plans to cut hundreds of jobs before the end of January, the Wall Street Journal reported, citing people familiar with the situation.

Energy Sector In Arkansas Expects Shift Under Trump, Not Upheaval

by Kyle Massey 1/9/2017 12:00 am

An oil- and coal-friendly Trump administration is taking power in Washington, promising a real shake-up. Still, Arkansas energy observers caution against expecting a huge shift.

Renewable Trend in Energy May Be Beyond Trump's Grasp

by Kyle Massey 1/9/2017 12:00 am

Donald J. Trump won the presidency after a campaign largely negative to renewable sources like solar and wind power, but forces in favor of cleaner power could prove even bigger than The Donald.

Former Wal-Mart Executive Hired as Family Dollar President

by Arkansas Business Staff 1/6/2017 10:34 am

Dollar Tree Inc. has hired Duncan Mac Naughton as president and chief operating officer of its Family Dollar company, which it acquired in 2015.

J.B. Hunt, BNSF Request Intermodal Arbitration

by Arkansas Business Staff 1/4/2017 03:08 pm

J.B. Hunt Transport Services Inc. of Lowell and BNSF Railway Co. of Fort Worth requested the revenue sharing of its Joint Service Agreement be decided by arbitration.

Zest Labs Inc. Launches New Freshness Metric

by Arkansas Business Staff 1/4/2017 09:48 am

Zest Labs Inc., a wholly owned subsidiary of Rogers-based Ecoark Holdings Inc., announced Wednesday its new metric that will simplify managing fresh products throughout the supply chain.

2016: The Year in Executive Q&A

by Gwen Moritz 1/2/2017 12:00 am

This week, for the third time, we offer a compilation that appeals to the universal interest in other people: all 50 of 2016's Executive Q&A features in the first issue of Arkansas Business for 2017.

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