Author: Talk Business & Politics

Talk Business & Politics

Losing Sleep Over J.C.Penney?s Ad

A slick J.C.Penny’s advertising circular recently distressed a local reader.

Siloam Springs Store Is Prototype for Hank?s Chain

Central Arkansas furniture chain expands along Gulf Coast, does $58 million in sales.

Wingate Inn Planned Near Wal-Mart HQ

Developers in Minnesota plan to build a 73-room ?bread-and-butter hotel? on Walton Boulevard just north of the headquarters of Wal-Mart Stores Inc. in Bentonville.

CommunityCare Pours $2.4M into NW Arkansas

In addition to the more than $1.6 million that CommunityCare Foundation Inc. awarded to 24 local agencies, the nonprofit organization invested another $821,538 into existing special projects.

NWACF Approves Book Buy for SHS

A $17,112 grant for books and supplies to the Springdale High School Medical Academy was approved on May 3 by the Northwest Arkansas Community Foundation.

Tyson Foods Sells West Coast Plant

Tyson Foods Inc. of Springdale on May 28 signed a purchase agreement to sell one of its two Mallard?s Foods processing plants in Modesto, Calif., to Michael Angelo?s Gourmet Foods Inc. of Austin, Texas.

Movable Fixtures Allow Real Estate Tax Flexibility

Mike Moser, with Beall Barclay & Co. PLC of Rogers and Fort Smith, said installing movable fixtures rather than permanent ones in commercial buildings can greatly accelerate the recovery of their costs.

Police Make Arrests in 5 Bank Robbery Cases

Three arrests have been made in connection with five area bank robberies during the past six months.

Moody?s Ratings Improve for Arkansas Best

Moody?s Investors Service assigned a Baa3 rating on June 3 to Arkansas Best Corp.?s $225 million senior unsecured revolving credit facility, due in 2005.

Beverly Nominations Elected

All of the candidates nominated for Beverly Enterprises’ board of directors were elected at the company’s annual meeting.

Edgewater Kisses Fayetteville Goodbye

Edgewater Technology Inc. of Wakefield, Mass., at a shareholders meeting in May, officially severed its ties with Fayetteville, where the company had maintained an office until this spring.

J.B. Hunt Transport Offers Shares to Public

J.B. Hunt Transport Services Inc. of Lowell on May 31 announced the pricing of a public offering of 5.1 million shares of common stock at $26 per share, before underwriting discounts and commissions.

Tyson Stock Tops 52-week High

Springdale protein producer Tyson Foods Inc. on May 2 recorded a 52-week high stock price of $14.76.

Mexican Government Investigating Claims of Wal-Mart Monopoly

Mexico’s anti-trust watchdog launched an investigation into anti-competitive practices in the country?s retail sector, apparently based on complaints filed against powerhouse Wal-Mart de Mexico (Walmex).

Regional Banks Bag ?Buy? Ratings

Two regional banks with large interests in Northwest Arkansas got ?buy? ratings when Williams Capital Group L.P. recently inititated coverage of their stocks.

Primaries Hold No Surprises (Commentary)

Analyzing results of the May 21 primary elections is fairly simple because surprises were few.

Economy Is Another River Victim (Editorial)

Weeks later, it?s still hard to grasp the tragedy that happened on the Interstate 40 bridge over the Arkansas River at Webbers Falls, Okla., during the Memorial Day weekend.

Candlelight Place Under Construction

Candlelight Place LLC of Fort Smith topped the list of recent real estate deals on May 7 by securing a $2.7 million loan from First Security Bank in Fayetteville.

Chaos Ensues for ?Vendorville?

Chaos Designs LLC, a graphic design firm in Bentonville?s Beau Terre office complex, has tripled its vendor sales preparation business from last year.

Pixelbenders Hits Web, Readies Online Emporium

Pixelbenders LLC, a multimedia graphics, Web and illustration design firm in Rogers, debuted its own Web site on May 25.

Fort Smith Metro News Briefs: ACME input now online, UAFS students receive SURF grants

Arkansas to lead National Advanced Manufacturing Apprenticeship expansion

The Supply Side: Boomer generation concedes spending power to young consumers

2nd cohort of new lithium accelerator shows innovations in Bentonville