Business in Arkansas
Business news in brief
posted: 06/20/2013 3:40 a.m. Discuss
QUOTE OF THE DAY “The Fed is out of the closet.They expect to end these [bond] purchases. [Ben] Bernanke wasn’t more specific than later this year, but connecting all the dots suggests he is thinking in the fourth quarter.” Ward McCarthy, Jefferies Group chief financial economist Article, 1D
NEWS IN BRIEF
posted: 06/20/2013 3:39 a.m. Discuss
State to kill 9,000 birds over avian flu An Arkansas livestock official said Wednesday that poultry flocks potentially exposed to avian flu in Scott County have been isolated and about 9,000 birds will be euthanized to prevent the spread of the disease.
7 file suit to regain company
posted: 06/19/2013 3:44 a.m. Comment 1
Seven shareholders of the Conway technology company First Orion Corp. have filed a lawsuit against a former executive for Acxiom Corp. for using proxies granted by two of the plaintiffs to take control of the company.
Business news in brief
posted: 06/19/2013 3:42 a.m. Discuss
QUOTE OF THE DAY “We don’t really have an inflation issue in this country.” Omair Sharif, RBS Securities Inc. economist Article, 1D
NEWS IN BRIEF
posted: 06/19/2013 3:39 a.m. Discuss
Laser-systems firm lands Pentagon deal A Fayetteville-based technology company has been awarded a $332,000 contract by the U.S. Department of Defense to further develop its Laser-Fire Free Space Optical Communications System.
CFO: Sam’s healthy at age 30
posted: 06/19/2013 12:45 a.m. Discuss
Sam’s Club is a strong, robust 30-year-old this year, and some new incentives for members — such as the first ever use of a special savings book, online deals and technology-driven check-outs — are giving the warehouse retailer more muscle heading into the future.
Mercy Health starts work on $42 million orthopedic hospital
posted: 06/18/2013 3 a.m. Discuss
After years of construction headaches, building is underway on a new, $42 million Mercy Orthopedic Hospital, the Fort Smith area’s first such specialty hospital.
NEWS IN BRIEF
posted: 06/18/2013 2:51 a.m. Discuss
Van Buren company to expand food plant FORT SMITH — Van Buren food-service company Tankersley Foodservice LLC has announced a $4 million plant expansion that will add 20 to 40 new jobs, President Thomas Moon said Monday.
Wal-Mart: Clothes plants stay open
posted: 06/18/2013 12:55 a.m. Discuss
Wal-Mart Stores Inc.’s third-party experts assigned to inspect the 279 garment factories the retailer uses in Bangladesh have completed the initial inspection on 16 facilities so far and found “no safety threats that would … require their closure during remediation,” a Wal-Mart spokesman said Monday.
$4 million expansion under way at Van Buren plant
posted: 06/17/2013 7:31 a.m. Discuss
VAN BUREN — A food service company that has been in western Arkansas for 70 years is embarking on a $4 million expansion at a Van Buren facility.
Arkansas farmers try sesame
posted: 06/17/2013 3:56 a.m. Discuss
A new crop option for Arkansas farmers is exploding in the Delta — and maybe onto breads and salads.
Bankruptcy watch
posted: 06/17/2013 2:49 a.m. Discuss
ALEXANDER Vanessa Janette Perkins, 3023 Red Hawk Cove, June 6, 2013, Chapter 13. AMITY Dennis Albert and Brenda Kay Terry, 231 Sugar Loaf Road, June 7, 2013, Chapter 7.
LR’s Acxiom looks to evolve in online era
posted: 06/17/2013 12:13 a.m. Discuss
By the end of the year, the sign at Acxiom Corp.’s headquarters in Little Rock will be replaced with the new, sleeker and more modern logo the company unveiled in March.
FarmAid says meat contracts favor packers
posted: 06/16/2013 3:29 a.m. Discuss
A new report by FarmAid, the farmer advocacy group founded by country music legend Willie Nelson, takes Tyson Foods Inc. and other large meat companies to task over their dealings with contract farmers.
Wal-Mart pays attention to call of Duck Dynasty
posted: 06/16/2013 3:26 a.m. Discuss
Just look at them. They have all anyone could want and more: fame, family, wealth.
