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Arkansas Business News

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Wal-Mart presses meat suppliers on antibiotics, treatment

Wal-Mart, the nation's largest food retailer, is urging its thousands of U.S. suppliers to curb the use of antibiotics in farm animals and improve treatment of them. Continue reading...

Acxiom logs $11M loss in '15

Drop in faltering unit’s revenue, restructuring costs cited

Subscriber onlyThe $11.04 million loss that Acxiom Corp. recorded for the 2015 fiscal year is partly due to the revenue decline in the information-technology segment it plans to sell off in a potential $190 million deal, the company reported Thursday. Continue reading...

Baker Street Capital sells stake in trucker

1.4 million USA Truck shares shed

Subscriber onlyOne of USA Truck's largest shareholders has sold its stake in the Van Buren-based company, but Chief Financial Officer Michael Borrows said Thursday that Baker Street Capital Management's departure will not affect day-to-day operations. Continue reading...

Summit: Hispanics play growing role in U.S. labor

Subscriber onlyThe face of the America's workforce is becoming increasingly more Hispanic, Robert Rodriguez, founder and president of Chicago-based DRR Advisors, told business leaders Thursday. Continue reading...

News in brief

Subscriber only$500,000 Tyson gift aids arts center redo Tyson Foods has made a $500,000 donation toward the Walton Arts Center's $23 million expansion. Continue reading...

Acxiom to sell unit for up to $190M

2 private-equity firms to get IT arm

Subscriber onlyAcxiom Corp. is selling its struggling information-technology infrastructure management operations in a potential $190 million deal with two private-equity firms, the Little Rock-based company said Wednesday. Continue reading...

March home sales up 16%

Prices rose 8.5%, Realtors report

Subscriber onlyHome sales in Arkansas in March jumped almost 16 percent compared with March last year, the Arkansas Realtors Association said Wednesday. Continue reading...

Target's 1Q showing trumps Wal-Mart's reversal efforts

Subscriber onlyTarget is beating Wal-Mart in the race to beef up sales. Continue reading...

Business news in brief

Subscriber onlyStock sale spurs a USA Truck board exit Vadim Perelman resigned from USA Truck's board of directors Wednesday, following through with the terms of a cooperation agreement between the Van Buren-based trucking company and his Los Angeles-based investment firm. Continue reading...

NEWS IN BRIEF

Subscriber onlyFort Smith adviser named state No. 1 Don McDonald of Merrill Lynch Wealth Management in Fort Smith was named one of the “Top 1,200 Financial Advisors” in the United States and the top financial adviser in Arkansas by Barron’s magazine. Continue reading...

Getting it straight

Subscriber onlyThe Democrat-Gazette wants its news reports to be fair and accurate. We correct all errors of fact. If you know of an error, write: Frank Fellone Deputy Editor P.O. Box 2221 Little Rock, Ark. 72203 or call 378-3475 during business hours Monday through Friday. Continue reading...

Arkansas home sales, prices rise in March

The number of homes sold in March increased by more than 15 percent while the average price of those homes sold increased by more than 8 percent in March, the Arkansas Realtors Association reported Wednesday. Continue reading...

Wal-Mart announces expansion of veteran hiring

LITTLE ROCK — Nate Waits wakes up before 3 a.m. four days a week to get to his job at a Bentonville distribution center for Wal-Mart Stores Inc., where the former Marine is among more than 92,000 veterans the company has hired in the past two years. Continue reading...

Global trade awards given to five Arkansas businesses

Subscriber onlyWhen Galley Support Innovations of Sherwood had only $10,000 in sales in its first year in 2005, the Sherwood manufacturer of interior hardware for airplanes, trains and yachts began to look for other sources of sales. Continue reading...

News in brief

Subscriber onlyUtility reaches deal to buy wind energy Arkansas Electric Cooperative Corp. has agreed to purchase 108 megawatts of wind energy from an Oklahoma wind farm, the cooperative said Tuesday. Continue reading...

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