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Saturday, August 02, 2014, 3:46 a.m.
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Housing project reduces in scope

posted: 08/02/2014 2:22 a.m. Discuss

Moses Tucker Real Estate on Friday announced that it has begun construction on a significantly downsized version of the MacArthur Commons apartments at Capitol and River Market avenues that it unveiled one year earlier.

State farmers receive $96 million for losses

posted: 08/02/2014 2:21 a.m. Discuss

When the 2012 drought sharply reduced the cattle population in Arkansas, producers were without protections that had been established years earlier. Two years later, they are receiving payments under rules established by the most recent farm bill.

News in brief

posted: 08/02/2014 2:13 a.m. Discuss

Tyson earnings lead to positive analysis

ArcBest profit soars, but stock sinks

posted: 08/01/2014 2 a.m. Discuss

ArcBest Corp., a Fort Smith-based trucking and logistics company, said Thursday that its second quarter was the most profitable in six years on an earnings-per-share basis, but it still missed analyst estimates significantly and its stock sagged.

Trucker reports $722,000 in profit

posted: 08/01/2014 1:57 a.m. Discuss

USA Truck Inc. on Thursday reported a net income of $722,000 for its second quarter, giving the company its first quarterly profit in three years.

News in brief

posted: 08/01/2014 1:51 a.m. Discuss

Bank of the Ozarks signs Florida deal

ArcBest profit surges in 2nd quarter

posted: 07/31/2014 8:26 a.m. Discuss

Fort Smith-based ArcBest Corp. on Thursday reported second-quarter profit of $17.2 million, or 63 cents per share, a 251 percent increase from $4.9 million, or 18 cents per share, the year before.

USA Truck posts first quarterly profit in 3 years

posted: 07/31/2014 7:40 a.m. Discuss

USA Truck on Thursday reported $722,000 in net income in the second quarter, which marked the first quarter in three years it had positive earnings.

Aluminum-wheel maker closing Rogers plant

posted: 07/31/2014 5:28 a.m. Comment 1

Superior Industries International Inc., the nation's largest maker of aluminum wheels for cars and light trucks, said Wednesday that it's closing its Rogers plant, cutting about 500 jobs, to cut costs.

Retail giants betting on small-box stores

posted: 07/31/2014 2:52 a.m. Discuss

Analysts say small-footprint stores -- pared-down versions of regular Wal-Mart and Target stores -- are the biggest trend in retail, but the Little Rock area hasn't seen many of the megaretailers' new projects.

Profit falls 68% at Murphy Oil; high costs cited

posted: 07/31/2014 2:50 a.m. Discuss

Murphy Oil Corp. on Wednesday reported a 67.9 percent drop in second-quarter profit.

Monticello to get wood-pellet plant

posted: 07/31/2014 2:47 a.m. Discuss

A Texas company announced plans Wednesday to build a $90 million wood-pellet plant in Monticello that it said will add 52 jobs to the community's labor force.

Southwest Time Record changes mean 37 layoffs

posted: 07/31/2014 2:43 a.m. Discuss

The Southwest Times Record will lay off 37 people as it shifts its printing and mailroom operations from Fort Smith and Van Buren to facilities in Springdale and Lowell owned by Stephens Media LLC and WEHCO Media Inc. of Little Rock.

News in brief

posted: 07/31/2014 2:35 a.m. Discuss

Conway bank closes another Florida buy Conway-based Home BancShares continued its acquisition of Florida banks, announcing Wednesday that it has signed a definitive agreement to buy Broward Financial Holdings Inc. in Fort Lauderdale.

Zilkha Biomass to build Monticello plant, add 52 jobs

updated: 07/30/2014 11:43 a.m. Discuss

Houston-based Zilkha Biomass Energy announced Wednesday that it will build a $90 million facility in Monticello to produce wood pellets for use as an alternative energy source, creating 52 jobs.

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