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Acxiom reports 3Q loss of $1.4M

Outcome misses analysts’ forecast

Subscriber onlyAcxiom Corp. recorded a loss of $1.4 million for its fiscal 2016 third quarter, missing analysts' estimates. Continue reading...

News in brief

Subscriber onlyCity in Texas to get Windstream Kinetic Continue reading...

Pharma CEO Shkreli refuses to testify to lawmakers

WASHINGTON — Pharmaceutical chief Martin Shkreli refused to testify Thursday in an appearance before U.S. lawmakers over severe hikes for a drug sold by a company that he acquired. Continue reading...

North Little Rock-based merchant acquires 'Tales from the South' radio show

Subscriber onlyNorth Little Rock-based Bourbon & Boots, an online merchant that sells gifts, jewelry and clothing, has purchased radio show and media company Tales from the South. Continue reading...

LR tech park loans lowered to $17.1M to reflect appraisal

Subscriber onlyThe Little Rock Technology Park Authority Board on Wednesday reduced the amount it will borrow to buy property in the first phase of the $100 million tech hub. Continue reading...

ArcBest profit plunges 66%

4Q net income slumps to $5M, pushes stock down 16%

Subscriber onlyArcBest Corp. reported a 66 percent decline in net income and a 2.5 percent drop in revenue during the fourth quarter of 2015, results that led the Fort Smith-based company's stock to tumble Wednesday. Continue reading...

Murphy USA set to sell pipeline

Buyer unnamed; 4Q profit $66.7M

Subscriber onlyMurphy USA Inc. said Wednesday that the company will sell a pipeline system for about $85 million to an undisclosed buyer. Continue reading...

Chinese company looking in, outside state for mill site

Subscriber onlyA Chinese company that expressed interest in November in building a $1.36 billion pulp mill in south Arkansas is also considering other states for the mill. Continue reading...

Business news in brief

Subscriber onlyAcxiom to discuss 3rd-quarter results Acxiom Corp. will hold a conference call today to discuss its fiscal 2016 third-quarter financial results, which the company will release after markets close. Continue reading...

SourceGas approved to charge $8M more

Subscriber onlyThe parties to a rate increase by SourceGas Inc. agreed that the natural gas supplier should be allowed to have an increase of about $8 million, according to a filing Tuesday at the state Public Service Commission. Continue reading...

Coulson seeks OK to rebuild Little Rock store

Subscriber onlyCoulson Oil Co. is seeking permission to expand and upgrade the Shell convenience store at 800 Broadway, a project that includes adding landscaping and moving the fuel pumps away from one of downtown Little Rock's busiest thoroughfares. Continue reading...

USA Truck's profit up 10.8%

Revamp credited for boost despite 4Q revenue’s 21% fall

Subscriber onlyUSA Truck's revenue fell 21 percent during the fourth quarter of 2015, but the Van Buren-based company reported a 10.8 percent increase in net income for the three-month period to close out its second-straight profitable year. Continue reading...

Business news in brief

Subscriber onlyTwo partner on Hot Springs rehab center CHI St. Vincent Hot Springs, a Catholic Health Initiatives' hospital, and HealthSouth Corp. recently began operations of CHI St. Vincent Hot Springs Rehabilitation Hospital, St. Vincent said Tuesday. Continue reading...

Little Rock-area vacancy rate dips to 7.8%

Apartments said to be in demand

Subscriber onlyApartment vacancies fell to 7.8 percent in the Little Rock area in the third quarter of 2015 from 8.1 percent in the second quarter, said The Multifamily Group, a firm that tracks the Pulaski County apartment market. Continue reading...

NBC, Fox channels dark on Cox cable

Subscriber onlyTwo channels available to Cox Communications customers in Northwest Arkansas and Fort Smith stopped regular programming over the weekend when Cox and Nexstar Broadcasting group failed to reach a new distribution agreement. Continue reading...