Tag: NWABJ

Buffet Appears at Wal-Mart Banquet

Because of Wal-Mart Stores Inc., Bentonville and Rogers have become the Hollywood of the Ozarks, attracting a parade of business world rock stars and entertainment moguls.

Clear Creek Changes Name

Rumor is that Clear Creek Golf Club developer John Tyson has decided to change the name of the golf course, not the subdivision, to The Blessing.

Kiplingers Gives Tyson High Marks

Tyson Foods Inc. is one of seven stocks listed in the June issue of Kiplinger?s Personal Finance magazine as the most undervalued on the market.

Featherfest Changes Tune

Springdale is planning to move its annual FeatherFest celebration to a weekend in late May or early June after two years of April rains washing out the festival.

FNB in Green Forest Goes to ‘S’ Corp.

The First National Bank in Green Forest has received approval from the Federal Reserve Bank and the Internal Revenue Service to convert from a ?C? corporation to an ?S? corporation. The change will be retroactive to Jan. 1.

Quarterly Breakfast Focuses on Infrastructure

Noting the lack of major highway arteries, along with the population and economic booms in Northwest Arkansas, Jeff Collins says the area?s ability to sustain its rampant prosperity will come down to meeting infrastructure needs.

United Way Drops Ball

The United Way Foundation of Washington County has come up with an innovative way to raise funds: It will toss about 3,000 golf balls from a Benton County Sheriff?s Office helicopter on to a special ?green? at the Sports Park of Arkansas in Fayetteville.

DU BBQ Challenge Grows 50 Percent

David Bain, chairman of the Benton County Chapter of Ducks Unlimited, says the group?s annual state barbecue championships fundraiser increased its gross by 50 percent.

Area Fleets Feel Fuel Pinch

As of May 3, gas prices increases 16 times in the last 18 weeks totaling about a 31-cent hike for the Midwest, according to the U.S. Department of Energy?s Energy Information Administration.

Wal-Mart?s Seiyu Improves 1Q Loss

Seiyu Ltd., the Japanese affiliate of Wal-Mart Stores Inc., posts a sharply lower loss for the first quarter of 2004, helped by cost-cutting and a gradual sales recovery.

Wal-Mart Competition Causes Winn-Dixie Loss

Citing competition from Wal-Mart Stores Inc., Winn-Dixie Stores Inc. of Jacksonville, Fla.,plans to close or sell 156 stores this year and shed as many as 10,000 employees.

Chambers Loads Up For Regional Rollout

John Chambers? financial holding company, Chambers Bancshares Inc. of Danville, gained controlling interest of a Fayetteville bank in December, and he plans to rebrand the eight-branch Community Bank of North Arkansas by year?s end.

Focus on People Built UHC Boss? Portfolio

Don Pitts, chairman of United Holding Co. in Springdale and president and chairman of United-Bilt Homes Inc. of Springdale and Shreveport, La., is a revered figures, but down to earth as green onions.

Lenders Take Over Wonderland Cave

Larry Wilson?s saga as one of the owners of Bella Vista?s 1 million-SF Wonderland Cave, the ?largest underground nightclub in the world,? and the historic Sunset Hotel ended on April 8.

Frez-N-Stor Will Have More (Real Deals)

Team Group Ltd. of Dallas buys a building permit on April 7 valued at $4.5 million to build a 93,000-SF addition to the Frez-N-Stor Inc. facility off Porter Street in Springdale.

Bank?s Charge-offs Indicate Credit Quality, Aggressiveness

Of the 27 privately held banks in the six-county Northwest Arkansas market, 14 show decreases in their charge-offs from 2002 to 2003.

Lower Interest Rates Usually Boost Homes

Low interest rates and a booming economy have 2004 new home construction on track to easily break 2003?s record of 7,000 units in Northwest Arkansas.

Arkansas National, Bank of Rogers Lead in ROE

Although return on assets is the most-often-used measurement of a bank?s financial health, return on equity is usually more important to shareholders.

At Long Last, Venture Capital Tax Credits

It has taken a couple of years to get all the parts in motion, but legislation approved by the General Assembly in 2001 may finally be about to help attract venture capital investment to the state.

Brandon Buys 150 Acres in Brownstone Development

A new player, Gary Brandon, is involved in what was to be the Brownstone Development in Bentonville.

Majority of Arkansas-based companies see third-quarter stock gains

Women’s Foundation of Arkansas raises $249,000 at annual luncheon

Mercy opens 65 Prime+ clinic in Fort Smith

DACA program part of panel discussion at UAFS