Tag: NWABJ

by Talk Business & Politics -

Nexstar Buys NBC 24/51

JDG Television of Muskogee, Okla., sold its Fayetteville television station,, NBC 24/51, KPOM/KFAA, to Nexstar Broadcasting Group of Irving, Texas, on Oct. 16.

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Audit Docks Newspaper Circ

The Audit Bureau of Circulations has docked The Morning News? ?average paid circulation? by 1,082 daily (Monday through Saturday) and 555 on Sundays for the 12-month period that ended March 31.

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P.A.M.?s Revenue Is up; Net is Down

P.A.M. Transportation Services Inc. released its third quarter earnings on Oct. 27. While operating revenues increased 14 percent to $74.2 million compared with 2002?s third quarter tally of $65.1 million, net income decreased from 2002.

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Wal-Mart Receives Target Letter

Wal-Mart officials said the company received a letter from the government on Oct. 31 saying that a federal grand jury is investigating the world?s largest retailer for violating immigration laws.

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Income Drops for Triad Hospitals

?Doubtful accounts? led to a 68 percent decrease in net income for Triad Hospitals Inc. for the third quarter compared to the same three-month period in 2002, according to an earnings announcement on Oct. 27.

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Wal-Mart is Largest ?Corporate Cash Giver?

Wal-Mart Stores Inc. has been recognized by Forbes magazine as the ?largest corporate cash giver? in the United States. The magazine cited The Chronicle of Philanthropy?s annual survey based on sales and cash donations for 2002.

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Schwyharts Get Concorde Seats

Bill and Carolyn Schwyhart, the well-known Rogers developer and his wife, were supposed to win the charity auction for the last seats on the invitation-only, final charter flight of the Concorde on Oct. 22.

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Shaffer Wins Judgement

Although a $199,979 judgment was ordered against former Rose Law Firm lawyer Allen W. Bird III on Aug. 29 for fraudulent billing in a bankruptcy case, he has yet to pay it.

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Wal-Mart?s Influence Still Staggering

Arkansans now have a choice of 51 Wal-Mart Supercenters where they can register their vehicles and receive license-plate decals right there on the spot (that is, if they have insurance, have paid property taxes and have had their vehicle assessed).

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Texas Takes AVRA

American Venture Resource Association, the national equity guarantee insurance program that considered starting in Arkansas, and its affiliated AVRA Financial Inc. has gone to ?The Big D.?