Acxiom Corp. of Little Rock on Wednesday said it has entered into an agreement to sell its IT Infrastructure Management business for "total cash consideration of up to $190 million" to two private equity firms. It also reported preliminary fourth-quarter earnings.
Opponents of an Arkansas "religious freedom" measure that they say will allow widespread discrimination against gays and lesbians filled the state Capitol on Monday to protest the bill as it neared a final vote.
Stirratt, who also served as executive vice president, joined the company in 2012. Her resignation is effective March 31. Acxiom said Stirratt is pursuing other opportunities and will help with the transition leading up to her departure.
Acxiom Corp. of Little Rock reported a net loss and a 6 percent revenue decline for its first quarter, as the data services firm restructured operations in Europe, saw less money from its IT infrastructure management business and acquired a San Francisco startup called LiveRamp.
An open letter that Nick Hanauer wrote to “My Fellow Zillionaires” was getting a lot of attention in Politico a couple of weeks ago, especially from political liberals delighted to see a rich guy making a self-serving case for higher minimum wage and a healthier middle class.
Howe's compensation and that of four other named executive officers was revealed a proxy statement filed with the U.S. Securities & Exchange Commission, which also announced the Aug. 7 date of the annual shareholders meeting.
Acxiom Corp. announced earlier this month that it had purchased LiveRamp, a tech company that started in 2011 in San Francisco. At $310 million, it’s a huge purchase for the Little Rock data miner, which had revenue just shy of $1.1 billion in the fiscal year that ended March 31.
Acxiom Corp. of Little Rock posts a loss of $29.2 million for its final quarter of fiscal 2014. The data services firm also announced the acquisition of LiveRamp, a digital marketing service, for $310 million.
Acxiom Corp. of Little Rock announces third-quarter net income of $15 million, up 4 percent from the same quarter of 2012. Earnings came on revenue of about $278 million, up about 2 percent from last the same quarter year and beating analyst estimates.
Acxiom Corp. CEO Scott Howe talks to Direct Marketing News about a host of issues concerning the publicly traded data mining firm, including its AboutTheData.com website and revelations about NSA spying.