John Magsam

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Northwest Business Reporter
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Recent Stories

Owner of Arkansas brewer sues the others

Subscriber onlyOne of the owners of Bike Rack Brewing Co. is suing his cohorts, contending he's been improperly frozen out of company business and was given a lowball offer for his stake in the company. Continue reading...

Oklahoma casinos OK'd for craps, roulette

Officials hope to replicate Las Vegas-style experience

Subscriber onlySome of the American Indian casinos right across the Oklahoma line from Arkansas have started offering games of roulette and craps, making them a little more like Las Vegas casinos. Continue reading...

State firm sells Milwaukee parking meters

Subscriber onlyPOM Incorporated has secured a contract to supply the city of Milwaukee with parking meters, a coup for the meter-maker that traces its lineage to the 1930s. Continue reading...

State beer output up a frothy 35 percent; Lost Forty top brewer based on 2017 data

Subscriber onlyArkansas breweries produced more than 1.2 million gallons of beer in 2017, a better than 35 percent increase over 2016, according to data from the state's Alcoholic Beverage Control Division. Continue reading...

Car-Mart results drive up shares

Dealer’s stock surges 20% as 1Q report exceeds estimates

Subscriber onlyAmerica's Car-Mart shares soared more than 20 percent Friday and hit an all-time high after posting a first-quarter earnings report that far surpassed profit and revenue estimates by analysts. Continue reading...

Arkansas-based company's guns showing up in blockbuster movies, books

Subscriber onlyWalther pistols are popping up in this summer's best-selling books and blockbuster movies. Continue reading...

P.A.M.'s stock soars after 2Q prosperity

Subscriber onlyTontitown-based P.A.M. Transportation Services Inc. saw its share price jump 20 percent in trading Wednesday after releasing second-quarter earnings that showed profits closer to the boom times of 2015. Continue reading...

Prominent Arkansas developer's debt put at $90M

Subscriber onlyBill Schwyhart, a prominent developer during the Northwest Arkansas real estate boom, has filed more detailed information revealing he owes more than $90 million to creditors as part of his Chapter 7 bankruptcy protection action in U.S. Bankruptcy Court in the Northern District of Texas. Continue reading...

Baptist Health to buy Sparks system

Subscriber onlyBaptist Health is buying Fort Smith-based Sparks Health System in a deal that's expected to close at the end of the year, the companies said Wednesday afternoon. Continue reading...

Car-Mart execs' fiscal '18 compensation rises

Subscriber onlyTop executives at Bentonville-based America's Car-Mart saw their compensation rise as they took on new roles, according to the company's annual proxy statement filed Wednesday with the U.S. Securities and Exchange Commission. Continue reading...

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