Murphy Oil Reports $63M Q2 Loss
by Arkansas Business Staff – 12 hours ago
Murphy Oil Corp. of Houston reports a second-quarter loss of $63.1 million, or 41 cents per share, amid after-tax losses on crude oil derivative contracts.
Murphy Oil Corp. of Houston reports a second-quarter loss of $63.1 million, or 41 cents per share, amid after-tax losses on crude oil derivative contracts.
BSR Real Estate Investment Trust has acquired Hangar 19, a 351-unit apartment complex in Fort Worth for $82.75 million.
Tyson Foods Inc. of Springdale says it will require all U.S. workers — some 120,000 people — be vaccinated against COVID-19 by Nov. 1.
Author and organizational health guru Patrick Lencioni will lead the eighth webcast in a series presented by Arkansas Business throughout 2021. read more >
A growing number of large employers are imposing rules to make it more onerous for employees to refuse vaccines, from outright mandates to requiring the unvaccinated to undergo regular testing. read more >
A former maintenance manager at the Tyson Foods plant in Emporia has been sentenced to 27 months in prison for a fraud scheme that cost the company more than $416,000. read more >
ArcBest Corp. of Fort Smith reported Monday second-quarter revenue of $949 million. The company said the revenue figure was the highest in its history. read more >
CS Disco Inc., a portfolio company belonging to The Stephens Group LLC of Little Rock, completed its initial public offering and has begun trading on the New York Stock Exchange. read more >
Walmart Inc. of Bentonville has asked a federal judge to throw out the Department of Justice's lawsuit against it over allegations that its pharmacists unlawfully dispensed opioids, fueling the national opioid crisis. read more >
Shay Stevens of Little Rock is selling her home care business, Millennium Companion Inc., in an era of wage pressures and acquisitions. read more >
The COVID-19 pandemic has placed a heavy strain on the health care system, but that hasn't stopped the expansion plans of the state's hospitals. read more >
The tools will change but not our mission of providing meaningful content that our business audience can't get anywhere else. read more >
Walmart Inc. of Bentonville is requiring that all workers at its headquarters as well as its managers who travel within the U.S. be vaccinated against COVID-19 by Oct. 4. read more >
USA Truck Inc. of Van Buren reported Thursday second-quarter revenue of $170 million, which the company said was an all-time best. read more >
Tyson Foods Inc. of Springdale has recycled 35 tons of food from its headquarters cafeteria since partnering with Food Loops of Rogers. read more >
Murphy USA of El Dorado reports strong second-quarter results, including net income of $128.8 million and revenue of $4.45 billion. read more >
Simmons First National Corp. of Pine Bluff reports second-quarter net income of $74.9 million, up 27% from the same quarter last year. read more >
Walmart Inc. says it will pay full tuition and buy books for employees taking part in its Live Better U education program, removing the dollar-a-day fee for participants effective Aug. 16. read more >
A recent Wisconsin jury award of $125 million against Walmart Inc. for failing to accommodate a longtime employee with Down syndrome will be lowered to $300,000, the maximum amount allowed under federal law. read more >
Walmart Inc. rules Arkansas Business' annual lists of the state's public companies and how much their executives are paid, and it's hard to imagine a time when that won't be true — especially as the lists get shorter. read more >
More than a year after Murphy Oil Corp. severed most of its old and deep roots in El Dorado, the region still leans hard on one of its branches. read more >
America's Car-Mart Inc. of Rogers is making the switch from a collections company that sold cars to a car company that's good at collections. read more >
Stores for the Little Rock retailer overcome obstacles as customers get out again, with sales "firing on all cylinders." read more >
Publicly traded marketing technology provider Inuvo Inc. of Little Rock is looking to buy with dreams of 10-figure revenue. read more >
John A. Moore, the Murphy USA senior vice president and general counsel, announced his retirement last month. It just didn't generate headlines. read more >
Foreign investors owned about 40% of U.S. corporate equity in 2019. read more >
Bank OZK of Little Rock reports second-quarter net income of $150.5 million, up nearly 200% from the same quarter last year. read more >
MDH Acquisition Corp., a special purpose acquisition company founded by Franklin McLarty and Beau Blair, will merge with Olive.com and its affiliate PayLink Direct. read more >
Uber Freight will buy transportation management and logistics company Transplace of Dallas, which just opened a 150,000-SF operations center in Rogers. read more >
A Black couple working at Tyson Farms plant in North Carolina has filed a lawsuit that says a supervisor frequently used racial slurs against them, showed disdain for their Muslim faith and that the company refused to address the issue despite multiple requests. read more >
Standard Lithium Ltd., the Canadian firm testing a promising new method of making high-quality battery ingredients from south Arkansas' underground brine fields, adds veteran chemical-industry expert and investor Volker Berl as an independent director. read more >
J.B. Hunt's net earnings of $172 million was an increase from the $121.7 million the company reported in the same quarter of 2020. read more >
Megan Crozier, chief merchant for Sam's Club, and University of Arkansas Vice Chancellor for Athletics Hunter Yurachek are among the featured speakers for the fall Arkansas Business Executive Leadership Academy in Bentonville. read more >
