LITTLE ROCK — Windstream Hosted opens data facility
Windstream Hosted Solutions, the data-center operator for Little Rock based communications company Windstream Corp., has opened a new data facility in McLean, Va., the company said Monday.
The new data center is 65,000 square feet, with 45,000 square feet of raised floor space where servers are stored. The building will house customer equipment and data, said Alice Hartnett, a spokesman for the company.
She said Windstream is “currently staffing the center.” She did not know how many people would be employed at the facility.
The company has data centers in 19 locations in the U.S., including one in west Little Rock, which was opened in April.
- Jessica Seaman
NY investment trust to buy Jonesboro mall
The Mall at Turtle Creek in Jonesboro is being sold to Rouse Properties Inc., a publicly traded New York real estate investment trust, for about $96 million.
Rouse Properties announced it had entered into a contract to purchase the almost 700,000 square foot mall in its second quarter earnings report, released in August.
The company, which owns 31 malls, said in the release that it expected the transaction to be completed later this year.
Messages left with the investment trust were not immediately returned Monday.
Scott Hornaday, president of David Hocker & Associates Inc., of Kentucky, confirmed that the mall is under contract to be sold but would not comment on the transaction.
He said the mall opened in 2006.
- Jessica Seaman
Arkansas Index ends day up 5.27 to 243.83
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, finished up 5.27 to 243.83 Monday.
“The Dow Jones Industrial Average had its biggest one-session rally in over two months as investors priced in their expectation that Washington politicians will not allow the country to teeter over the edge of the looming ‘fiscal cliff,’” said Bob Williams, senior vice president and managing director of Delta Trust Investments Inc.
“Tyson Foods shares were the 12th most actively traded issue on the [New York Stock Exchange] Euronext Exchange, gaining almost 11 percent after releasing their pre-market earnings report,” Williams said.
Arkansas Best Corp. rose 9.6 percent to close at $7.19 in heavy trading.
The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business, Pages 23 on 11/20/2012