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Saturday, July 30, 2016, 1:50 p.m.
Top Picks - Capture Arkansas

Business in Arkansas
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1st place in GDP credited to rice

posted: 07/30/2016 1:52 a.m. Discuss

Increased rice production helped Arkansas lead the nation in economic growth in the first three months of the year, even though those farmers are receiving lower prices for their crops, said a spokesman for a federal agency.

ArcBest's $10.M 2Q profit half of '15's

posted: 07/30/2016 1:52 a.m. Discuss

ArcBest Corp. reported a second-quarter profit of $10.2 million, or 39 cents per share, on Friday, down 49 percent from a $20 million profit in the same quarter of last year.

Business news in brief

updated: 07/30/2016 1:44 a.m. Discuss

J.B. Hunt official sells $4.2M in stock Wayne Garrison, the former chairman of J.B. Hunt’s board of directors, sold $4.2 million worth of common stock Wednesday, according to a Thursday filing with the Securities and Exchange Commission. He still serves on the board of directors.

News in brief

updated: 07/30/2016 1:43 a.m. Discuss

$968,397 in grants available for ports Grants worth $968,397 will be given out to commercial ports in fiscal 2017 by the Arkansas Waterways Commission.

Home sales till July top state's '07 peak

posted: 07/29/2016 5:45 a.m. Discuss

The number of houses sold in Arkansas in the first half of 2016 surpassed pre-recession totals, according to statistics released Thursday by the Arkansas Realtors Association.

News in brief

posted: 07/29/2016 1:59 a.m. Discuss

Forecasts revised, retail sales to climb

Deltic's $4.2M profit tops that of '15's 2Q

posted: 07/28/2016 6:51 a.m. Discuss

Deltic Timber on Wednesday reported a profit of of $4.2 million, or 35 cents a share, for the second quarter of 2016, compared with a profit of $800,000, or 7 cents a share, in the second quarter of 2015.

State index off 1.55 in stagnant market

posted: 07/28/2016 6:51 a.m. Discuss

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 1.55 to 341.98 Wednesday.

Arkansas' 3.9% rise in GDP ranks first in nation

posted: 07/28/2016 5:45 a.m. Comment 1

Arkansas ranked No. 1 in the nation for economic growth at the beginning of this year largely because of an increase in agricultural output, according to a federal report released Wednesday.

Dollar General buys 41 closed Wal-Marts, including 2 in Arkansas

posted: 07/28/2016 5:45 a.m. Discuss

Dollar General has purchased 41 stores closed by Wal-Mart Stores Inc., including two locations in Arkansas.

Murphy Oil ekes out profit of $2.9M

posted: 07/28/2016 5:45 a.m. Discuss

Murphy Oil Corp. posted a profit of $2.9 million for its 2016 second quarter Wednesday, reversing a loss of $73.8 million a year ago.

Profit off 43% for trucker P.A.M.

posted: 07/28/2016 2:18 a.m. Discuss

P.A.M. Transportation Services Inc. on Wednesday reported just under $4 million in net income, or 61 cents a share, for the second quarter of 2016.

Business news in brief

updated: 07/28/2016 2:09 a.m. Discuss

LR bank loses exec from acquired lender Trevor Burgess, former chief executive officer of C1 Financial Inc. of St. Petersburg, Fla., resigned as chief innovation officer of Bank of the Ozarks on Tuesday, the Little Rock bank said Wednesday.

Ruling on utility pole use resisted

posted: 07/27/2016 2:16 a.m. Discuss

Fifteen telecommunication companies -- mostly affiliates of CenturyLink Communications -- and the Arkansas Cable Telecommunications Association have asked the state Public Service Commission for a rehearing on utility pole attachment rules.

News in brief

posted: 07/27/2016 2:08 a.m. Discuss

Updates underway at Doubletree in LR Renovations have begun at the Doubletree by Hilton hotel in downtown Little Rock.

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