In NW, home market thinner

Report sees dip in new housing

NORTHWEST ARKANSAS — The residential real estate market in Northwest Arkansas continues to pare down the oversupply that has dominated it since 2004 but will now have to depend on economic factors outside the area to help drive the demand side, an area economist said Thursday. Read More »

By Stacey Roberts posted March 5, 2010 at 3:24 a.m.

Russia chicken-ban deal seen near

NORTHWEST ARKANSAS — United States trade officials have been meeting with their Russian counterparts this week trying to resolve a dispute that virtually ended U.S. chicken exports to that country in January while the industry hopes to reduce the high tariffs imposed by China that closed that market entirely, experts say. Read More »

By Stacey Roberts posted March 4, 2010 at 5:48 a.m.

Judge OKs bid for building supplier

LITTLE ROCK — A Los Angles-based investment group and its building supply affiliate’s bid of $15 million was accepted as an opening in an auction to buy National Home Centers Inc., a federal bankruptcy court judge approved on Monday. Read More »

By Stacey Roberts posted March 2, 2010 at 4 a.m.

Realty debtors turn to lawsuits

But bank beating area developer

NORTHWEST ARKANSAS — A Tuesday order dismissing claims by a developer and a Friday judgment in Benton County are the latest legal outcomes in a growing category of lawsuits, that which claims that lending institutions are responsible for a borrower’s repayment problems. Read More »

By Stacey Roberts posted February 25, 2010 at 3:58 a.m.

Hay supply low, demand high

’09 rains, ’10 snows creating winter-feed perfect storm

LITTLE ROCK — If farmers need to “make hay while the sun shines,” then the lack of sunshine in late summer of 2009 is responsible for the hay shortages Arkansas ranchers are experiencing, agriculture experts are saying. Read More »

By Stacey Roberts posted February 24, 2010 at 5:36 a.m.

Area realty exec files for bankruptcy

NORTHWEST ARKANSAS — The principal broker and general manager for one of Northwest Arkansas’ leading real estate companies filed for personal Chapter 7 bankruptcy Saturday, estimating his liabilities could total $100 million to $500 million, according to court documents. Read More »

By STACEY ROBERTS ARKANSAS DEMOCRAT-GAZETTE posted February 23, 2010 at 3:56 a.m.

Lindsey manager files for personal bankruptcy with liabilities $100 to $500 million

The principal broker and general manager for one of Northwest Arkansas’ leading real estate companies filed for personal Chapter 7 bankruptcy aturday, Feb. 20 estimating his liabilities could total $100 million to $500 million, according to court documents. Read More »

By Stacey Roberts posted February 22, 2010 at 6:45 p.m.

Trucker sees 4th quarter net loss

P.A.M. drops $3.92 million

Northwest Arkansas — P.A.M. Transportation Services Inc. on Monday reported a net loss of $3.92 million for the fourth quarter and a net loss of $10.85 million for the fiscal year, both of which ended Dec. 31. Read More »

By Stacey Roberts posted February 9, 2010 at 3:38 a.m.

State developing taste for goat

Low cost, rising demand whet growers’ appetites

LITTLE ROCK — The number of goats raised for meat in Arkansas is growing as the number raised for dairy use is declining, bucking the national trend, according to inventory reports released last week by the U.S. Department of Agriculture. Read More »

By Stacey Roberts posted February 7, 2010 at 7:12 a.m.

Pilgrim’s tactics realize a profit

’09’s end yields $33.6 million

Pilgrim’s Pride Corp. reported a net income of $33.6 million for the last three months of 2009, a result of increased focus on efficiency and two onetime charges related to the company’s bankruptcy and reorganization, company officials said Thursday. Read More »

By Stacey Roberts posted February 5, 2010 at 4:31 a.m.