LITTLE ROCK — Johnelle Hunt sells trucking-firm shares
Johnelle Hunt, widow of J.B. Hunt Transport Services Inc.’s founder, sold nearly 1 million shares of the company’s stock in transactions Friday, Monday and Tuesday, according to a filing with the U.S.
Securities and Exchange Commission.
The 980,120 shares were owned by J.B. Hunt LLC and sold at prices ranging from $33.60 per share to $33.28 per share, for a total of $32.8 million.
J.B. Hunt shares closed Wednesday at $33.24, down one cent.
After the stock sale, Hunt directly or indirectly owns almost 25.9 million shares of the company, or about 23.2 percent of the outstanding stock.
J.B. Hunt, based in Lowell, operates throughout North America and is the eighth-largest trucking firm based on revenue, as ranked by Transport Topics, a weekly newspaper that covers the transportation and freight industry.
The diversified carrier operates three divisions: rail to truck, or intermodal;
dedicated contract services; and truckload.
Call-center plan off, El Dorado board told
EL DORADO - Mayor Mike Dumas says a company that was negotiating to bring a call center to El Dorado has ended the talks.
Dumas told the El Dorado Economic Development Board on Tuesday that the company, TCIM, had decided instead to expand existing call centers in Oklahoma and Texas.
If TCIM had decided to put a new call center at El Dorado, it would have added up to 200 full-time jobs and 200 part-time jobs to the Union County economy. City officials had been poised to offer more than $5 million in local and state incentives to get the facility.
TCIM was considering a site in a building formerly occupied by a Kmart store.
Arkansas Index rises
as 13 stocks climb
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, gained 2.79 to 169.32 Wednesday.
For the day, 13 stocks advanced, three declined and two were unchanged.
Acxiom Corp. rose 3.36 percent, while Simmons First National Corp. was up 3.2 percent and Dillard’s gained 2.44 percent.
First Federal Bancshares of Arkansas was down 8.1 percent.
Bank of the Ozarks and J. B. Hunt Transport Services each lost ground by less than 1 percent.
Volume was 22.1 million shares, compared with average volume of 29.7 million shares.
The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business, Pages 21 on 12/24/2009