Walmart, Walton Family help Jones Center shave energy costs
story by Kim Souzaksouza@thecitywire.comThe Jones Center is an energy cow eating up almost $570,000 in annual utility costs. The lights alone burn through $30,000 per month. But that’s about to change...
View ArticleBank of the Ozarks acquires Summit Bank for $216 million
story from Talk Business, a TCW content partnerLittle Rock-based Bank of the Ozarks announced Thursday that it has entered into a definitive agreement and plan of merger with Summit Bancorp, Inc. and...
View ArticleMcLintock joins Arvest Asset Management in Springdale
Ben McLintock has joined Arvest Asset Management as the regional investment officer in the Springdale market in the branch at 3858 South Thompson Ave.Arvest Bank in Springdale President Lisa Ray made...
View ArticleKoprovic, Webb reappointed to the Arkansas Economic Development Commission
With reappointments by Gov. Mike Beebe (D) of Chester Koprovic and Lee Webb, the Fort Smith region will continue to be home to two of the 16 members of the high-profile Arkansas Economic Development...
View ArticleThe Friday Wire: Ice cream leadership, and a good luck wish for Doug
Thoughts on the soon-to-be new top boss at Wal-Mart Stores, the political fight over the federal farm bill, Northwest Arkansas tax collections and Costco wages are part of the Northwest Arkansas Friday...
View ArticleThe Friday Wire: Notes on jobs, pollution and a farm bill fight
Changes to the Whirlpool pollution plan, the success of Krutsch, the political fight over the federal farm bill, and State of the Union disappointment are part of the Jan. 31 Friday Wire for the Fort...
View ArticleTyson Foods first quarter net income up almost 47% (Updated)
story by Kim Souzaksouza@thecitywire.comFiscal first quarter net income for Springdale-based Tyson Foods was $254 million, well ahead of the $173 million in the first quarter of 2013 and outpacing the...
View ArticleWal-Mart lowers earnings on winter weather, lower food stamp payments
The earnings report to be issued on Doug McMillon’s 20th day on the job as the new Wal-Mart CEO may not be pretty.Wal-Mart Stores Chief Financial Officer Charles Holley announced Friday that bad...
View ArticleTyson shareholders, record price, strong profits, farewell bids
story by Kim Souzaksouza@thecitrywire.comIn typical, non-ceremonial fashion Tyson Foods shareholders held their 51st annual meeting in Springdale on Friday morning (Jan.31). The investors had plenty to...
View ArticleSam’s Club restructuring includes shuttering Mas Club
story by Kim Souzaksouza@thecitywire.comSam’s Club confirmed last week it was restructuring its in-club operations, trimming 2,300 middle management and hourly job across its U.S. operations.Wal-Mart...
View ArticleNational Beef plant closure could benefit Tyson Foods
Not that Tyson Foods needs the help, but the meat giant could see some benefit from the packing plant closure announced by National Beef on Friday, (Jan. 31).The Kansas City-based National Beef said it...
View ArticleAmerica’s Car-Mart opens 130th dealership
America's Car-Mart announced the opening of its 130th dealership on Friday, (Jan. 31).The dealership is located in Altus, Okla., and will be managed by Jonathan Bottoms.The Atlus location marks the...
View ArticleArvest promotes Christy Queary
Arvest Bank announced Christy Queary was promoted to vice president / consumer loan manager for the Springdale market. She will report to Kent Williamson, executive vice president / loan department...
View ArticleJ.B. Hunt Transport raises dividend
Lowell-based J.B. Hunt Transport Services Inc. is raising its dividend for shareholders by 33% to 20 cents per share. The increased dividend payment will be made Feb. 27 to shareholders of record as of...
View ArticleChanges coming in how utility companies buy electricity
story by Ryan Saylorrsaylor@thecitywire.comComputers and the internet are not just for buying items from Amazon or Overstock.com. Starting in March, utility companies connected to the Integrated...
View ArticleBlustery winter reshaping family budgets, hurting retailers
story by Kim Souzaksouza@thecitywire.comRetailers often mention weather as a reason for lackluster sales. It was too warm during the holiday season of 2012 which weighed down sales of winter coats,...
View ArticlePlans move forward on major renovation of Fianna Hills Country Club
story by Ryan Saylorrsaylor@thecitywire.comPlans to drastically alter the appearance and business model of the Fianna Hills Country Club are continuing to move forward, with plans for a $20 million...
View ArticleA greener Wal-Mart is a slow work in progress
story by Kim Souzaksouza@thecitywire.comWal-Mart has plenty of fans and critics when it comes to the retailer’s sustainability initiatives. When former CEO Lee Scott boldly announced the retailer’s...
View ArticleH7N9 avian influenza concerns escalate in China
The World Health Organization and Chinese authorities are investigating how three members of one family contracted the H7N9 avian influenza virus. There have been 192 confirmed human cases of the...
View ArticleTyson Foods declares cash dividend
The board of directors of Tyson Foods declared a quarterly dividend of 7.5 cents per share on Class A common stock and 6.75 cents per share on restricted Class B shares.The cash dividend is payable on...
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