John Magsam

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Northwest Business Reporter
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Recent Stories

Car-Mart's quarterly profit $3.4M

Stock drops on news of lower-than-expected earnings

Subscriber onlyAmerica's Car-Mart Inc. failed to hit earnings estimates by 18 cents per share for its fiscal fourth quarter, the company reported Tuesday, marking the fifth earnings estimate miss in a row for the Bentonville-based used-car dealer. Continue reading...

Arkansas firm makes coins from 'Lord of the Rings,' 'Game of Thrones' fantasy lands

Subscriber onlySPRINGDALE -- Fictional travelers fleeing Bree with wraiths hot on their heels typically can't buy a much-needed pony with traveler's checks and no one ever asked someone from Bravos for help by uttering "Valar morghulis" and then flashing an American Express card. Continue reading...

SIG Sauer shifting ammo work to Arkansas

Subscriber onlyFirearms-maker SIG Sauer Inc. said Wednesday it will centralize all its ammo production at its new plant in Jacksonville scheduled to open by the end of the year. Continue reading...

Casino kitchens serious about homegrown

Visitors fed by Quapaw cattle herds, horticulture

Subscriber onlyQUAPAW, Okla. -- The latest trend in cuisine at Downstream Casino Resort might be considered a regional farm-to-poker-table system. Continue reading...

Core Brewing opens beer pub in North Little Rock

New venture latest to give patrons taste of craft suds

Subscriber onlyA rapidly expanding Northwest Arkansas brewery has planted its flag in central Arkansas. Continue reading...

Police: Suspect in Virginia bus station shooting dead; 3 others hurt

RICHMOND, Va. — A gunman shot a Virginia state trooper Thursday at a busy bus terminal in the capital city of Richmond before he was shot dead by two other troopers, police said. Two civilians were hurt, though it was not clear if they had been shot. Continue reading...

Oklahoma casinos’ 2014 haul: $3.95B

Subscriber onlyOklahoma’s American Indian-owned casinos saw revenue growth in 2014 twice as great as the tribal industry average and saw nongambling revenue increase at an even stronger pace, according to a report released today. Continue reading...

Trustee in Allens bust claims assets skimmed in firm's sale

Subscriber onlyThe trustee in the bankruptcy of defunct vegetable giant Allens Inc. has filed court documents contending that multiple entities involved in the initial sale of the company made arrangements that left the estate's coffers empty. Continue reading...

Car-Mart's 3Q profit $4.1M

Revenue up but vehicle sales down; firm cites competition

Subscriber onlyUsed-car seller America's Car-Mart Inc. posted profits below analysts' estimates, saying it faces continued pressure from its competition and saw soft sales during its third quarter. Continue reading...

Gun, ammo jobs to grow in state

Remington to add 84; SIG Sauer to need 50 at Jacksonville

Remington Outdoor Co. will add more than 80 jobs at its Lonoke plant and gun-maker SIG Sauer is opening a Jacksonville ammunition manufacturing operation that will employ 50, the two companies said in separate announcements at the Shooting, Hunting and Outdoor Trade Show in Las Vegas on Thursday. Continue reading...

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