by - March 4, 2002 12:00 am
Wal-Mart Puerto Rico Buys Rival
Wal-Mart Puerto Rico announced on Jan. 6 that it has acquired Supermercados Amigo, the largest supermarket chain in Puerto Rico.
Tag: Public Companies
by - March 4, 2002 12:00 am
IBP Tech Integration Under Way for Tyson
Try merging the computer networks for 14 companies into one system in one year. That?s the challenge facing Gary Cooper, Tyson Foods Inc.?s vice-president of information services.
by - March 4, 2002 12:00 am
Limeys Leaving ASDA
Since Wal-Mart Stores Inc. bought the British supermarket chain ASDA Group Plc. in 1999 for $10.8 billion, the Brits have been bailing.
by - February 18, 2002 12:00 am
Wal-Mart Can Learn from Kmart Fall (Commentary)
No one could have predicted five years ago that two corporate giants like Kmart Corp. and Enron Corp. would be bankrupt within months of each other.
by - February 18, 2002 12:00 am
J.B. Hunt Plans to Sell $56.6 Million in Stock
J.B. Hunt, chairman of the board and founder of J.B. Hunt Transport Services of Lowell, is proposing to sell 2.2 million shares of company stock, according to documents filed with the Securities and Exchange Commission.
by - February 18, 2002 12:00 am
Superior Delays Year-end Report, Orders Audit Review
Superior Financial Corp. of Little Rock said Feb. 4 that its 2001 earnings report would be delayed while management and outside auditors review financial statements issued during the former comptroller?s tenure.
by - February 18, 2002 12:00 am
Baldor Declined 4Q Sales
On Jan. 31, Baldor Electric Co. of Fort Smith reported decreases in diluted earnings per share and a decline in sales.
by - February 18, 2002 12:00 am
Florida Sale Drops Beverly 4Q Figures
On Feb. 5, Beverly Enterprises Inc. of Fort Smith announced a fourth-quarter net loss of $266.6 million, about 4.6 times more than the $46.8 million lost in the comparable quarter of 2000.
by - February 18, 2002 12:00 am
Brass Eagle Pained by Kmart Filing
Brass Eagle Inc. of Bentonville, which manufactures paintball guns and other extreme sports accessories, announced on Feb. 5 that it will take a charge of 9 cents per share on its fourth-quarter earnings because of the bankruptcy of Kmart Corp.
by - February 18, 2002 12:00 am
P.A.M. Increased 4Q Net Income 13 Percent
P.A.M. Transportation Services Inc. of Tontitown on Feb. 8 announced a 13 percent net income increase for its fourth quarter from the same period last year.
by - February 18, 2002 12:00 am
Tyson Expects $25 Billion
Tyson Foods Inc. Chief Financial Officer Steve Hankins said the Springdale company is projecting revenue of about $25 billion for 2002.
by - February 18, 2002 12:00 am
Unofficial Numbers Make Wal-Mart World?s Largest
Wal-Mart Stores Inc. said its sales for 2001 were $219.06 billion, which would make it the largest company in the world.
by - February 4, 2002 12:00 am
FCC Order May Ease Spectrum Logjam
The Federal Communications Commission has taken a step toward making the wireless communications industry more attractive to carriers such as Alltel Corp.
by - February 4, 2002 12:00 am
Alltel Eyes Changing Future After Record Quarter, Year
Alltel 4Q income up 20 percent as Scott Ford prepares to be CEO.
by - February 4, 2002 12:00 am
Tyson Pleads Not Guilty to all Conspiracy Charges
Tyson Foods Inc. on Jan. 24 released two letters from the Department of Justice?s Civil Rights Division that the Springdale company said proves there was no corporate conspiracy to violate United States immigration laws.
by - February 4, 2002 12:00 am
ABF CEO Declares Tough Year a Success
Arkansas Best Corp. of Fort Smith considers 2001 a success considering the economic road blocks the industry has faced.
by - February 4, 2002 12:00 am
Beverly Signs $10 Million Deal with Compaq
On Jan. 29 Beverly Enterprises Inc. of Fort Smith announced a $10 million agreement with Compaq Computer Corp. of Houston.
by - February 4, 2002 12:00 am
J.B. Hunt Blames Recession for Fallen Earnings
J.B. Hunt Transport Services Inc. 4Q earnings fell from the same time last year, though it still beat Wall Street estimates.
by - February 4, 2002 12:00 am
Tyson Nets More than Expected
Despite its current legal battles, Tyson Foods Inc. of Springdale on Jan. 28 reported significant improvements during the fiscal first quarter.
by - February 4, 2002 12:00 am
Wal-Mart Competitor Files Chapter 11
Kmart Corp., the chief rival of Wal-Mart Stores Inc., sought protection from creditors in mid-January after years of falling sales and failed turnarounds.