Wal-Mart planning share buyback
Evidence of a two-year sales slump at Wal-Mart Stores Inc.’s U.S. stores was scarce Friday inside Bud Walton Arena, except for pledges by executives to fix the…
Stories by Stacey Roberts
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Wal-Mart focus: Recouping sales
When Wal-Mart Stores Inc. embarked on a major destocking effort two years ago, it created a gap in both selection and price-point of which smart competitors to…
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Spring sogginess bogs down meat business as grillers cool heels
Cool, wet weather, a later Easter and a rise in corn and beef prices have some meat retailers worried about their profits at a time when they usually are incre…
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Tyson revenue up, but profit flat
Higher meat prices played a tug-of-war with rising grain costs to keep Tyson Foods Inc.’s profits flat in a second quarter in which the Springdale meat process…
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Wal-Mart’s revenue again puts it at No. 1
Bentonville-based Wal-Mart Stores Inc. repeated its appearance Thursday at the top of Fortune magazine’s list of the 500 American companies that generated the …
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Fort Smith firm must pay $14.51 million in ’02 suit
Fort Smith-based O.K. Industries Inc. must pay a $14.51 million judgment to Oklahoma poultry farmers after the U.S. Supreme Court declined Monday to hear the c…
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First Federal puts finishing touches on Bear State deal
First Federal Bancshares of Arkansas Inc. said the closing of the agreement between it and the Little Rockbased financial group pouring a planned $46.3 million…
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Demand for corn propels price
The United States’ corn crop — valued at $66.7 billion in 2010 — is in higher demand both in this country and around the world this year, driving up its market…
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2 pursue athletic club cash in court
The founders of the Fayetteville Athletic Center filed a motion in U.S. Bankruptcy Court on Tuesday asking the judge to enforce a management agreement that was…
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Pay falls for Wal-Mart executives
Executives at the world’s largest retailer were paid less in fiscal 2011 than in the previous year, according to a Securities and Exchange Commission filing by…
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Full circle
Brandon Barber proved himself willing to gamble on real estate and with high-stakes games of chance in Las Vegas casinos.
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Bank’s filing to reflect net loss
First Federal Bancshares of Arkansas Inc. will not file a separate fourth-quarter earnings report reflecting a $439,000 loss with the Securities and Exchange C…
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Biofuel demand outstrips supply
The Dynamic Fuels renewable biodiesel plant is operating at its capacity of 5,000 gallons a day while demand is outstripping supply, executives of one of the t…
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Judge OKs athletic-club bankruptcy exit plan
A U.S. Bankruptcy Court judge approved the reorganization plan for The Fayetteville Athletic Club on Wednesday, clearing the way for the company to emerge from…
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Study finds fescue fungus hampers calf crop
A three-year University of Arkansas Agriculture Division study found that moving cows out of some tall-fescue fields before they are bred leads to increased pr…
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$17.7 million flowing to idled poultry raisers
Some 154 poultry farmers throughout Arkansas have already received their share of $17.7 million in federal relief funds from the U.S. Department of Agriculture…
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Tyson cuts employee turnover nearly in half
Tyson Foods Inc. has nearly halved its hourly work-force turnover rate in the past three years using a combination of strategies built around what the company …
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Alabama firm OK’d to buy Townsends
Georgetown, Del.-based poultry company Townsends Inc. won court approval Thursday to sell almost all its assets to an Alabamabased poultry company and an inves…
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Tyson to pay millions in fines
Tyson Foods Inc. will pay $5.2 million in civil and criminal penalties in agreements Thursday with the U.S. Department of Justice and the U.S. Securities and E…
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Mexico probing charge that firms undersell chicken
Mexico’s government will begin investigating a complaint that U.S. chicken processors sold legs and thighs on the Mexican market at below-production costs in 2…
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Tyson profit is $294 million
Tyson Foods Inc. reported record sales and earnings in the first quarter of fiscal 2011 on the day of the company’s annual shareholders meeting in Springdale o…
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385 losing jobs at Petit Jean plant
Danville-based Petit Jean Poultry Inc. is closing its Arkadelphia deboning plant on April 1, eliminating 385 jobs at the Clark County facility.
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Tyson adding 250 jobs at 2 sites
A $1 million expansion of deboning operations at Tyson Foods Inc. plants in Berryville and Green Forest will add 250-300 jobs in Carroll County.
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Equity firm, investor group acquire I.O. Metro
Lowell-based specialty furniture retailer I.O. Metro was purchased Friday by Consumer Growth Partners and an investor group that includes Little Rock-based Dia…
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Tyson joins staff-auditing program
Tyson Foods Inc. became the largest company and the first major food producer to join a cooperative program with U.S. Immigrations and Customs Enforcement duri…
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Call center lined up for Fort Smith
Sykes Enterprises Inc. of Tampa, Fla., a global provider of customer contact management services, plans to open an inbound call center in Fort Smith’s former P…
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Trial near on claims against Lindsey
Attorneys for John David Lindsey are to address challenges to his bankruptcy petition at a trial Thursday in U.S. Bankruptcy Court in Fayetteville.
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Tyson, giant of meat industry, dies
Donald John Tyson, son of the founder of Tyson Foods Inc. and the man credited with the tremendous ascent of the world’s largest meat producer over three decad…
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Cost put on new labeling for meat
Requiring meat and poultry retailers and processors to put nutrition “fact” labels on the most popular cuts will cost the industry between $10.5 million and $1…
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U.S. shifting from beef importer to exporter
A weak dollar and anticipated stronger demand for beef in 2011 is creating a situation that ranchers and beef processors have never seen before, that of the Un…
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Pact gets U.S. beef industry approval
The Fair Trade Agreement between the United States and South Korea has the approval of beef industry groups despite its failure to eliminate a restriction agai…
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Justices to hear Wal-Mart sex-bias suit
The U.S. Supreme Court said Monday that it will hear arguments on whether Wal-Mart Stores Inc. must face a sex-bias suit as a class action on behalf of potenti…
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60,000 critique meat-act revisions
Springdale-based Tyson Foods Inc. submitted one of more than 60,000 public comments on the proposed rule changes for the Packers and Stockyards Act.
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Rival is buying Baldor Electric
Swiss competitor ABB Ltd. is buying electric-motor manufacturer Baldor Electric Co. in a $4.2 billion deal, the Arkansas company announced Tuesday.
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Poultry runoff spurs scientists to find solution Machine that injects litter under farm soil wins patent
A concept, with more than a decade of work behind it, reached a major milestone when a research scientist and a research technician from Arkansas were awarded …
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Tyson plant at Hope to add about 250 jobs
A major improvement project at the Tyson Foods Inc.’s poultry facility in Hope will add about 250 jobs and up to $8 million in additional payroll when it is co…
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Turkey dinners cheaper in state
The cost of preparing a traditional Thanksgiving meal is lower in Arkansas than in most of the United States, despite rising wholesale prices for the main cour…
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U.S. livestock rule to slice GDP, industry study reports
An industry-commissioned economic analysis of proposed changes to livestock marketing rules projects a $1.5 billion loss to the country’s annual gross domestic…
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Groups tell EPA of plans for suit
A group of farm and food trade associations filed notice of intent to sue the U.S. Environmental Protection Agency on Tuesday, claiming the agency stepped outs…
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Tyson: Biofuel plant a success
A biofuels plant, the result of a joint venture between Springdale-based Tyson Foods Inc. and Tulsa’s Syntroleum Corp., is successfully converting nonfood grad…
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ANB workers get class-action status
Former employees of ANB Bancshares Inc. gained the right to sue the failed bank’s holding company and the trustees of its employee stock ownership plan as part…
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Hotel magnate healthy; tip off-base, official says
A letter from the Missouri Department of Health and Senior Services on Monday stated that a complaint about the care of hotel magnate John Q. Hammons was unsub…
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U.S. meat producers looking east
Meat industry groups are asking the federal government to address trade relations with eastern Asia markets long closed or restricted to U.S. beef because of f…
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Poultry farmers in line for aid
Arkansas poultry farmers left with empty chicken houses after the bankruptcy and sale of Pilgrim’s Pride Corp. are each eligible for up to $100,000 in federal …
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EPA releases rules to lift fuel economy of big trucks, buses
The first national standards to curb greenhouse gas emissions and increase fuel efficiency in large trucks and buses are projected to save 500 million barrels …
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Bank’s parent loses its auditor
First Federal Bancshares of Arkansas, the Harrison based holding company for First Federal Bank of Arkansas, notified the Securities and Exchange Commission th…
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Heat, drought causing hay deficit in most of state
Northwest Arkansas hay growers have fared better than their fellow growers in the rest of the state but still face a long winter that could send them searching…
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Developer asks to merge 14 bankruptcy filings
The attorney for a Greenwood man who has filed for Chapter 11 bankruptcy reorganization for 14 of his 32 companies is seeking to have the cases consolidated in…
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Wal-Mart’s Schoewe to leave in ’11
Wal-Mart Stores Inc. filed documents Wednesday with the Securities and Exchange Commission detailing the plans for the retailer’s chief financial officer to re…
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Poultry firms fidget as corn prices spike
A week-long bump in corn prices was enough to remind analysts and poultry processors of the volatile nature of the commodities market and the influence it can …
