Public Companies Archive

ADEQ Seeking Applications, Nominations for Environmental Awards

by Arkansas Business Staff 2/4/2019 10:30 am

The Arkansas Department of Environmental Quality is seeking the state's top environmental leaders to apply for this year's ADEQ Environmental Awards.

In the Internet of Things, Many Things to Worry About

by Marty Cook 2/4/2019 12:00 am

The convenience of computer networks and smartphones and data-sharing devices — the “internet of things” — can seem a godsend to those who appreciate the speed and ease of staying connected. For others, the all-inclusiveness of the IoT — eye-oh-tee, as most tech people say — means a constant battle for security.

Health Industry Sees Biggest Cost Caused by Data Breaches

by Arkansas Business Staff 2/4/2019 12:00 am

The cost of data breaches worldwide varies by industry. Sectors that are highly regulated, such as health care and financial services, have a per capita data breach cost much higher than the average.

Sam's Club CEO in Little Rock: Technology Is Transforming Retail

by Sarah Campbell-Miller 1/31/2019 03:30 pm

Technology is transforming Sam's Club to benefit members and employees alike, President and CEO John Furner said during the Arkansas Economic Development Foundation's annual luncheon in Little Rock.

Murphy Oil Reports Strong Profits for 4Q, All of 2018

by Kyle Massey 1/31/2019 10:21 am

Murphy Oil Corp. of El Dorado reports its best full-year profit numbers in four years, filing fourth-quarter and 2018 full-year results with the Securities & Exchange Commission.

Murphy USA Posts $77M Profit in 3Q

by Kyle Massey 1/30/2019 04:35 pm

Murphy USA, the El Dorado gasoline and convenience store chain, reported a fourth-quarter 2018 profit of $77.5 million, or $2.38 per diluted share, down from the $124.8 million in same quarter of 2017.

ArcBest Corp. Revenue Tops $3B for First Time

by Lance Turner 1/30/2019 03:37 pm

A thriving U.S. economy drove ArcBest Corp. of Fort Smith to a strong fourth-quarter finish, even while fourth-quarter net income ended the period down 58 percent from the same quarter last year.

Fed Keeps Key Rate Unchanged and Pledges to be 'Patient'

by Associated Press 1/30/2019 02:04 pm

The Federal Reserve is keeping its key interest rate unchanged and signaling that it could leave rates alone in coming months given economic pressures and mild inflation. The Fed also says it's prepared to slow the reduction of its bond holdings if needed to help the economy.

Early Gains Fade as Wall Street Assesses Earnings

by Associated Press 1/29/2019 12:37 pm

Early gains for stocks faded by afternoon Tuesday as investors assessed a mixed bag of corporate results and looked ahead to a heavy schedule of news on companies and the economy.

Long Idle Iowa Tyson Plant Reopening Under New Owners

by Associated Press 1/29/2019 12:19 pm

An idle meat-processing plant that closed in 2014 in northwest Iowa will reopen this week with new owners.

US Consumers Rattled by Shutdown, Roiling Markets

by Associated Press 1/29/2019 10:48 am

U.S. consumer confidence tumbled this month to its lowest reading in a year and a half, tested by the partial government shutdown and roiling financial markets. Still, consumer spirits remain robust by historic standards.

Fed Likely to Send Reassuring Note of Patience on Rate Hikes

by Associated Press 1/28/2019 10:57 am

Chairman Jerome Powell is likely to refer this week to a word he's been using to describe the Federal Reserve's latest approach to interest rates: "Patient."

Walmart to Raise Truck Driver Pay Next Month

by Arkansas Business Staff 1/24/2019 11:34 am

Walmart Inc. of Bentonville said Wednesday that it will raise pay for drivers in its private fleet, bringing the average salary to $87,500 a year.

Simmons Posts Record Profit for 2018: $215.7M

by Arkansas Business Staff 1/22/2019 04:33 pm

Simmons First National Corp. of Pine Bluff, bulked up by two acquisitions in late 2017, announced Tuesday record net income of $215.7 million for 2018, more than twice its profit in 2017.

Stock Tumble at Bank OZK Attracts Lawsuits

by George Waldon 1/21/2019 12:00 am

Bank OZK's growing recognition as a lead player on the national commercial lending scene contributed to a burgeoning audience of investors. And that success also heightened the bank's profile as a potential target of lawyers seeking to cash in on a class-action lawsuit on behalf of supposedly wronged investors.

'Thriving' Brokerage Industry Evolving as Investors Seek Humans

by Marty Cook 1/21/2019 12:00 am

Despite the rise of online stock investing, Arkansas has seen a rise in the number of agents licensed to trade securities.

U.S. Reports Zero Bank Failures in 2018

by Arkansas Business Staff 1/21/2019 12:00 am

In the period 2001-18, the number of U.S. bank failures reached their zenith in 2010, when 157 banks collapsed.

Lynn Wright of Regions on Keeping Loan Growth Within Reach

by Arkansas Business Staff 1/21/2019 12:00 am

Lynn Wright, the Little Rock market executive for Regions Bank, says that even with technology, banking is still a “people business.”

Bank OZK Beats Earnings Estimates in 4Q

by Arkansas Business Staff 1/17/2019 03:47 pm

Bank OZK of Little Rock announces fourth-quarter net income of $115 million, down 21 percent from the same quarter last year, when the company got a big boost from a tax reform plan approved by Congress.

J.B. Hunt Misses Analysts' 4Q Earnings Expectations

by Arkansas Business Staff 1/17/2019 03:35 pm

J.B. Hunt Transport Services Inc. of Lowell reports fourth-quarter earnings that missed analysts estimates amid a $134 million pre-tax charge related to arbitration with BNSF Railway Co.