Public Companies Archive

Simmons Completes $172M Acquisition of Reliance Bancshares

by Arkansas Business Staff 4/15/2019 11:22 am

Simmons First National Corp. completed its $172 million acquisition of Reliance Bancshares Inc. in the St. Louis suburb of Des Peres, Missouri, on Friday.

Mainstream Retailers Embrace Marijuana's Less Taboo Cousin

by Associated Press 4/15/2019 07:49 am

Mainstream retailers are leaping into the world of products like skin creams and oils that tout such benefits as reducing anxiety and helping you sleep. The key ingredient? CBD, or cannabidiol, a compound derived from hemp and marijuana that doesn't cause a high.

$21M Judgment Follows Collapse of Heartland Bank Deal

by Mark Friedman 4/15/2019 12:00 am

In late 2015, Suneet Singal thought he had a great deal with Heartland Bank of Little Rock.

Citizens Sweeps In Former Simmons Execs This article is available only in print.

by Arkansas Business Staff 4/15/2019 12:00 am

Seven commercial lending and treasury management professionals have left Simmons Bank to help Citizens Bank of Batesville beef up its Little Rock operations.

Central Arkansas Average Weekly Earnings on Rise

by Arkansas Business Staff 4/15/2019 12:00 am

Private-sector workers in the Little Rock-North Little Rock-Conway metropolitan statistical area earned an average of $861.50 each week as of February 2019.

Looking to Boost Ad Business, Walmart Buys Startup Polymorph Labs

by Lance Turner 4/11/2019 03:13 pm

Walmart Inc. of Bentonville acquires the technology and assets of advertising startup Polymorph Labs of San Francisco.

Uniti Group CEO Kenny Gunderman, Other Execs Paid Less in 2018

by Sarah Campbell-Miller 4/11/2019 02:28 pm

Total compensation for Kenny Gunderman, CEO and president of Uniti Group Inc. of Little Rock, decreased to $5.1 million in 2018 from $5.4 million in 2017.

Tyson Ventures Invests in Clear Labs Inc.

by Arkansas Business Staff 4/11/2019 11:24 am

Tyson Ventures, the venture capital arm of Tyson Foods Inc. of Springdale, has invested in Clear Labs Inc. of Menlo Park, California, a food testing and safety company, Bloomberg reports.

Federal Judge Approves $160M Settlement in Walmart Bribery Case

by Arkansas Business Staff 4/10/2019 11:09 am

U.S. Judge Susan O. Hickey on Tuesday approved a $160 million settlement in a class-action case involving bribery allegations against Walmart Inc. of Bentonville in Mexico.

Stock, Incentives Boost USA Truck CEO Reed's Pay

by Marty Cook 4/10/2019 09:55 am

USA Truck Inc. of Van Buren reported that CEO James Reed earned more than $1.6 million in compensation in fiscal 2018.

Total Compensation Falls for Dillard Family Members

by Mark Friedman 4/9/2019 05:54 pm

Dillard family members who work at Dillard's Inc. of Little Rock saw their total compensation packages plummet in the most recent fiscal year.

Bank of America Raising Hourly Minimum Wage to $20

by Associated Press 4/9/2019 02:19 pm

Bank of America plans to raise its starting pay to $20 an hour over a two-year period, the bank said Tuesday, starting with a hike next month.

UA's CBER to Host Quarterly Business Analysis on May 16

by Arkansas Business Staff 4/9/2019 10:28 am

The Center for Business and Economic Research at the Sam M. Walton College of Business at the University of Arkansas will present its regular Quarterly Business Analysis on May 16 in Fayetteville.

Walmart Acquires More of Hometown Bentonville

by George Waldon 4/8/2019 12:00 am

Walmart Inc. has expanded its real estate interests in Bentonville beyond the western boundary of the future location of its new headquarters.

Windstream Wants Kirkland & Ellis to Handle Bankruptcy

by Arkansas Business Staff 4/8/2019 12:00 am

Windstream Holdings Inc. of Little Rock has asked a judge in U.S. Bankruptcy Court's Southern District of New York to approve hiring the law firm Kirkland & Ellis LLP of New York and Kirkland & Ellis International LLP to handle the telecom's Chapter 11 reorganization.

'Love, Little Rock' Gets PRWeek Affection

by Kyle Massey 4/8/2019 12:00 am

Millie Ward spurned Amazon in 2017, and now she's getting some love for “Love, Little Rock.”

Lawyer Fears Default Ploy Used in Windstream Case Will Spread

by Mark Friedman 4/8/2019 12:00 am

A Little Rock attorney fears Aurelius Capital Management's recent $310 million judgment against Windstream Services LLC of Little Rock could trigger other distressed investors to try a similar legal maneuver.

Sears to Open First Batch of Smaller Stores

by Associated Press 4/4/2019 10:32 am

After its journey through bankruptcy, Sears is getting ready to open its first batch of smaller stores that won't carry clothing but will focus on appliances, mattresses and home services.

Hey Walmart! Retailer Gets with Google for Groceries Via Voice

by Anne D'Innocenzio, The Associated Press 4/2/2019 02:59 pm

Walmart will now allow its shoppers to order their groceries by voice through Google's smart home assistant, its latest attempt to challenge Amazon's growing dominance.

IberiaBank Names Presidents for Northeast, Northwest Arkansas

by Arkansas Business Staff 4/2/2019 10:51 am

IberiaBank on Tuesday named presidents for its markets in northeast and northwest Arkansas.