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03 февраля, 2012 23:09
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UPDATE: Tyson Foods 1Q Earnings Beat Expectations
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Arkansas Business News Story By Lance Turner and Serenah McKay2/3/2012 3:22:18 AM Tyson Foods CEO Donnie SmithChange font size Tyson Foods Inc of Springdale on Friday reported first-quarter net income attributable to the company down about 48 percent to $156 million or 42 cents per share from $298 million or 78 cents per share during the same quarter...
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03 февраля, 2012 23:09
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U.S. Economy Adds 243,000 Jobs, Unemployment Rate Falls to 8.3 Percent
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Arkansas Business News Story By The Associated Press2/3/2012 7:33:27 AM Change font sizeIn the most impressive surge for the job market since the middle of last decade, the United States added 243,000 jobs in January, far more than economists expected The unemployment rate dropped to 83 percent, the lowest in three yearsHiring accelerated across the...
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03 февраля, 2012 23:09
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Bill Stobaugh Promoted to Executive Vice President at Murphy Oil
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Arkansas Business News Story By Luke Jones2/3/2012 12:41:49 PM Change font size Bill Stobaugh has been promoted to executive vice president, corporate planning and business development at El Dorado's Murphy Oil Corp of El Dorado, the company said ThursdayStobaugh has been senior vice president, corporate planning since 2005 He joined Murphy in 1995...
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03 февраля, 2012 23:09
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Log Cabin Democrat to Make Move to Downtown Conway
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Arkansas Business News Story By Kate Knable2/3/2012 12:43:48 PM Change font size Rick Fahr, publisher of the Log Cabin Democrat, said the newspaper's move to a new office in downtown Conway is part of a plan to reinvest in the paper's contentOn Thursday, Fahr announced plans for the daily newspaper to move from its current 20,000-SF building at 1058...
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03 февраля, 2012 23:09
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Video: On CNBC, Beebe Says Arkansas Ready for Another Caterpillar Plant
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Arkansas Business News Story By Lance Turner2/3/2012 2:13:37 PM Gov Mike Beebe, on CNBC on FridayChange font sizeHeavy-equipment maker Caterpillar Inc of Peoria, Ill, is moving a manufacturing plant to North America from Japan, and Arkansas wants to be its new homeCNBC reported Friday that Arkansas is one of two dozen states that want to be considered...
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03 февраля, 2012 23:09
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UPDATE: Southwest Power Pool to Spend $1.7 Billion to Grow Network
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Arkansas Business News Story UPDATE: Southwest Power Pool to Spend $17 Billion to Grow NetworkBy Lance Turner2/3/2012 3:28:36 PM Change font size The board of directors of Southwest Power Pool Inc of Little Rock on Friday approved a multi-year transmission expansion plan, with projects estimated at about $17 billion in engineering and construction...
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03 февраля, 2012 23:08
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KFSM: Air Force to Cut 20 A-10 Aircraft from Fort Smith
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Arkansas Business News Story By Arkansas Business Staff2/3/2012 3:42:37 PM Change font size US Air Force officials announced Friday plans to retire 20 A-10 Thunderbolt II fighter planes from the 188th Fighter Wing at Fort Chaffee in Fort Smith, according to Arkansas Business news partner KFSM-TV, Channel 5, in Fort SmithOfficials at the 188th plan...
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02 февраля, 2012 22:42
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Jonesboro Pastor Gets 33 Months in Prison for Bank Fraud
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Arkansas Business News Story By Lance Turner2/2/2012 7:47:11 AM Change font size The 43-year-old pastor of the First Pentecostal Church of Jonesboro was sentenced Wednesday to 33 months in prison and 5 years of supervised release after he pleaded guilty to bank fraud and not paying payroll taxes for the church's employeesScott Keith Voss entered a...
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02 февраля, 2012 22:42
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Pulaski Academy Names Matt Walsh Its New Headmaster
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Arkansas Business News Story By Mark Carter2/2/2012 8:35:41 AM Matt Walsh, set to start as Pulaski Academy's head of school on June 30Change font size Pulaski Academy has hired a new headmasterMatthew Walsh, the headmaster of LaGrange Academy in LaGrange, Ga, will assume his duties as head of school and chief executive officer for PA on June 30Joe...
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02 февраля, 2012 22:42
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Stanley Reed Among 5 Agriculture Hall of Fame Inductees
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Arkansas Business News Story By Arkansas Business Staff2/2/2012 8:45:27 AM The Arkansas Agriculture Hall of Fame will induct five honorees, including the late Stanley Reed, a former president of the Arkansas Farm Bureau, at a March 9 ceremony in Little RockChange font size The Arkansas Agriculture Hall of Fame will induct five honorees, including...
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02 февраля, 2012 22:42
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First Arkansas Bank Buys BV Card Assets, Will Offer Credit Cards to Customers
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Arkansas Business News Story By Arkansas Business Staff2/2/2012 9:34:35 AM Change font size First Arkansas Bank & Trust of Jacksonville said Thursday that it has purchased the remaining stock of BV Card Assets LLC of Atlanta, taking 100 percent control of the credit card companyLarry Wilson, chairman and CEO of First Arkansas, said sole ownership...
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02 февраля, 2012 22:42
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January State Revenue Comes in Above Forecast
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Arkansas Business News Story By Jan Cottingham2/2/2012 10:35:13 AM Change font size Arkansas finance officials said Thursday that the state's net revenue in January came in slightly above year-earlier levels and slightly above the forecastThe Arkansas Department of Finance & Administration said last month's net revenue totaled $4609 million, 02...
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02 февраля, 2012 22:42
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Longtime Colleague Johnny Goode Dies at 52
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Arkansas Business News Story By Gwen Moritz2/2/2012 11:08:04 AM Johnny Goode, in 2011 (Photo by Waynette Traub)Change font size Johnny Goode, who retired last year after 20 years as an advertising account executive for Arkansas Business, died Thursday morning of the cancer that was first diagnosed five years agoHe was 52 "Johnny was loved by...
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02 февраля, 2012 22:42
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Executive Pleads Guilty to Stealing from Pension Plan
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Arkansas Business News Story By Arkansas Business Staff2/2/2012 4:20:52 PM Change font size A former executive with a North Little Rock transportation broker waived indictment and pleaded guilty to one count of theft and embezzlement from an employee pension benefit planUS Attorney Christopher R Thyer said Leander J Muncy III's waiver of indictment...
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01 февраля, 2012 23:29
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Report: Developer Plans Fly Fishing Resort at Cotter
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Arkansas Business News Story By Arkansas Business Staff1/31/2012 4:41:58 PM Change font size A Missouri business newspaper is reporting that a Springfield developer is moving ahead with plans to build a multimillion-dollar fly fishing resort along the White River in Cotter (Baxter County)The Springfield Business Journal reported Tuesday that SL Stinnett...
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01 февраля, 2012 23:29
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Conway, Faulkner County Leaders Hit the Road to Oppose Severance Tax Hike
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Arkansas Business News Story By Kate Knable2/1/2012 9:04:52 AM Change font size(Note: A correction has been made to this story See the end of the story for more) City of Conway and Faulkner County government officials, as well as Conway Area Chamber of Commerce leaders, are taking to the road Wednesday to show opposition to a natural gas severance...
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01 февраля, 2012 23:29
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Cotter Resort Developer Waited for Right Time
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Arkansas Business News Story By Gwen Moritz2/1/2012 10:39:02 AM A view from the White River of the proposed Cotter Resort, in this artist's rendering Click here for a larger size of this image or here to see the resort's site planChange font size Missouri commercial developer Steve Stinnett, a fly-fishing enthusiast whose family is from Baxter County,...
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01 февраля, 2012 23:29
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Academy Sports To Build $5.25 Million Store in Jonesboro
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Arkansas Business News Story Academy Sports To Build $525 Million Store in JonesboroBy Mark Friedman2/1/2012 11:01:14 AM Change font sizeAcademy Sports & Outdoors of Katy, Texas, recently spent $263 million on nearly 8 acres of land in Jonesboro to build a store in the Fairgrounds Re-Development shopping center The store will be 73,000-SF and...
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31 января, 2012 22:54
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Baldor Owner ABB to Buy Thomas & Betts for $3.9 Billion
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Arkansas Business News Story Baldor Owner ABB to Buy Thomas & Betts for $39 BillionBy Arkansas Business Staff1/31/2012 8:34:06 AM Change font size Swiss power and technology group ABB, which purchased Baldor Electric Co of Fort Smith in 2010, said Monday that it will buy Thomas & Betts Corp of Memphis, which specializes in low voltage electrical...
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01 февраля, 2012 23:29
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Wal-Mart Shares Hit New 52-week High
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Arkansas Business News Story By Lance Turner2/1/2012 3:07:28 PM Change font size Shares of Wal-Mart Stores Inc of Bentonville hit a new 52-week high on Wednesday, reaching $6263 during the trading day and closing up 13 percent to $6218 per shareShares of the retailer, the world's largest, haven't traded in the $62 range since 2008, when it closed...
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