LITTLE ROCK — AETN chief named officer on PBS board
Allen Weatherly, executive director of the Arkansas Educational Television Network and the AETN Foundation, has been elected vice chairman of the Public Broadcasting Service board of directors, according to a release Thursday.
Weatherly has been with AETN since 1993 and served seven years as deputy director before being promoted to his current position.
The PBS board of directors governs and sets policies for PBS, which has almost 360 member stations.
“It is an honor to serve as vice chairman of this excellent board, and to see the great work being done at PBS, at stations around the country and certainly at AETN makes it worthwhile,” Weatherly said in the release.
Trade-eligible again, ThermoEnergy says
ThermoEnergy Corp.
has restored its eligibility to be quoted on the over-the-counter bulletin board trading system, the Little Rock firm said Thursday.
ThermoEnergy lost its eligibility to be traded on the market last year because of delinquencies in filing required financial reports with the U.S. Securities and Exchange Commission, the company said. But for the past four quarters, the company said, it has filed its quarterly reports on time.
For the past year, ThermoEnergy has traded as a Pink Sheets stock.
ThermoEnergy trades under the symbol TMEN.
It closed at 34 cents a share Thursday, down 5 cents, in trading on the over-the-counter market.
The company sells wastewater treatment systems and lost $7.6 million through the first six months of the year. It has had financial troubles since its founding in 1988.Arkansas Index slips as 12 stocks decline
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, lost 0.71 to 185.77 Thursday.
“U.S. stocks finished mixed on Thursday and struggled to find direction for most of the day as improved jobless data offset disappointing guidance from 3M Corp.,” said John Blackwell, senior vice president and managing director of equity trading at Stephens Inc.
in Little Rock. “The Arkansas Index moved lower, as 12 stocks declined and five advanced.”
P.A.M. Transportation Services dropped 7.9 percent in light trading.
Baldor Electric rose 2 percent in above-average trading.
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 29 on 10/29/2010