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by Talk Business -

I.o. Metro Sold To Private Equity Group

I.O. Metro, which describes itself as a specialty lifestyle furniture retailer, will be acquired by Consumer Growth Partners (CGP), a leading retail-focused private equity firm, and an investor group that includes Banyan Mezzanine Funds and Arkansas-based Diamond State Ventures.

by Talk Business -

Fayetteville Shale Play To See New Frac Process

Oilfield services giant Schlumberger said Friday it has introduced a new fracturing process in the Fayetteville Shale that will result in safer and cleaner drilling operations, decreased operating costs and reduced production time at rig sites.

by The City Wire staff -

DOJ clears ABB-Baldor deal

The Antitrust Division of the U.S. Department of Justice has cleared the pending ABB acquisition of Baldor Electric Co. Zurich, Switzerland-based ABB announced Nov. 29 the move to acquire Fort…

by The City Wire staff -

ABB, Baldor again extend tender offer

With a Department of Justice review still pending, executives at ABB and Baldor Electric Co. have again extended the share tender offer to Jan. 25. Zurich, Switzerland-based ABB announced Nov….

by Talk Business -

Local Pump Prices Rise For 6th Straight Week

Arkansas motorists should not expect the normal cooling off period at the pump this winter as international crude oil prices continue to push local and U.S. gas prices well above $3 a gallon for regular unleaded.

by Talk Business -

Tyson Foods, Immigration Officials Partner

Springdale-based Tyson Foods, Inc. is the first major food company to become a full member of the IMAGE program with U.S. Immigration and Customs Enforcement (ICE), company and government officials announced today.

by Talk Business -

Wal-mart Aims For Cheaper, Healthier Food

Wal-Mart on Thursday announced what is expected to further move the grocery industry toward providing consumers more information about food and lowering the “premium” costs of foods considered more healthy.

by Talk Business -

Home Bancshares Reports First Quarterly Loss In Two Years

Home Bancshares’ two-year earnings winning streak came to a halt on Thursday after the Conway-based bank reported a fourth-quarter loss of $13.8 million, mainly due to bad loans in Arkansas and the company’s fast-growing, but troubled Florida operations.