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ArcBest profit soars, but stock sinks

Subscriber onlyArcBest 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. Continue reading...

Trucker reports $722,000 in profit

USA Truck posts 1st gain in 3 years

Subscriber onlyUSA 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. Continue reading...

News in brief

Subscriber onlyBank of the Ozarks signs Florida deal Continue reading...

ArcBest profit surges in 2nd quarter

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. Continue reading...

Aluminum-wheel maker closing Rogers plant

Superior Industries to cut 500 jobs, shift work to Fayetteville, Mexico factories

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. Continue reading...

Retail giants betting on small-box stores

To grow, Wal-Mart, Target go rural with Express outlets

Subscriber onlyAnalysts 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. Continue reading...

Profit falls 68% at Murphy Oil; high costs cited

Subscriber onlyMurphy Oil Corp. on Wednesday reported a 67.9 percent drop in second-quarter profit. Continue reading...

Monticello to get wood-pellet plant

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. Continue reading...

Southwest Time Record changes mean 37 layoffs

Subscriber onlyThe 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. Continue reading...

News in brief

Subscriber onlyConway 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. Continue reading...

Stephens Media moving Fort Smith, Van Buren printing operations

Stephens Media will shift printing and mailroom operations from Van Buren and Fort Smith to Northwest Arkansas, a move that will reportedly affect about three-dozen employees. Continue reading...

Windstream seeks fixed-asset trust

Move, if OK’d, will spin off real estate, some copper and fiber networks

Subscriber onlyWindstream Holdings Inc. shares surged 12 percent Tuesday after the company said it would spin off some of its assets into a publicly traded real estate investment trust. Continue reading...

News in brief

Subscriber onlyGoldman downgrades Wal-Mart to 'neutral' Goldman Sachs downgraded Wal-Mart Stores Inc.'s stock Tuesday, citing consumers' continued cautious spending and management's eye on growth rather than returns for shareholders. Continue reading...

Tyson income up 5% despite facilities snags

Subscriber onlyTyson Foods reported earnings Monday of $258 million in the third quarter, or 75 cents per share. Continue reading...

Tyson sells Mexico, Brazil units, posts 4.4% profit rise in 3rd quarter

Tyson Foods on Monday said it was selling its poultry businesses in Mexico and Brazil in an all-cash deal valued at $575 million. Continue reading...

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