Tag: Public Companies

Baldor Sales Drop

Baldor Electric Co. of Fort Smith announced first-quarter net sales of $150.2 million, down 5 percent from $158 for the same period of 2000.

Edgewater Quarterly Figures Rise

Edgewater Technology Inc., the Wakefield, Mass., e-technology business, announced that revenue was up 9 percent to $7.7 million and net income up 142 percent to $4.7 million for its ?continuing operations? in the quarter that ended March 31.

National Home Centers Claimed Fourth-Quarter Loss

National Home Centers Inc. of Springdale said the company had a net loss of $419,000 for the fourth quarter of 2000, which ended Jan. 31.

Wal-Mart?s Scott Solidly Compensated

Lee Scott, president and CEO of Wal-Mart Stores Inc., received about $2.7 million in salary and bonus last year, a 36 percent increase over the amount he received the year before becoming head of the world?s largest retailer.

Baldor Varied Executive Compensation

Some administrators at Baldor Electric Co. received increases in total compensation for 2000, while others found decreases.

Edgewater Shows Net Income Up 142 Percent

Edgewater Technology Inc. says revenue was up 9 percent to $7.7 million and net income up 142 percent to $4.7 million for its ?continuing operations? in the quarter ending March 31.

Wal-Mart Denies Plan for Germany Stores

Wal-Mart Stores Inc. had no plan to open 50 new stores in Germany by the end of 2002 as reported by newspapers around the world, Jose Gomez, a spokesman for the international division of the world?s largest retailer.

Wal-Mart Cuts Back on Germany Expansion

Wal-Mart Stores Inc. scraps plans for a major expansion in Germany.

Baldor Down 41 Percent

Baldor Electric Co. of Fort Smith says first quarter net earnings fell 41 percent because of a decline in orders.

It?s Only Rock ?n Roll

A Tyson Foods-sponsored concert that could feature such legends as Bob Dylan, Keith Richards of the Rolling Stones, and Arkansas native Levon Helm is still in the planning stages for Walton Arena.

Acxiom Corp.

Little Rock technology firm Acxiom Corp., which employs 40 people at the University of Arkansas? Genesis Technology Incubator in Fayetteville, recently announced it would cut employee pay by 5 percent.

Loislaw.com Inc.

Aspen Publishers of Chicago, a Wolters Kluwer North America company, said recently at the American Bar Association?s Annual Technology Show that it has appointed Marc Jennings as publisher of Loislaw.com Inc.

Beverly Enterprises Inc.

Beverly Enterprises Inc. of Fort Smith reported a net loss of $54.5 million for 2000, despite gross revenues of $2.63 billion.

Southwestern Energy Execs Get More Pay

Southwestern Energy Co. responds to a successful year of oil and natural gas exploration and production by increasing its executive?s compensation.

National Home Centers Posts Loss

National Home Centers of Springdale takes a loss in the fourth quarter, but turns a profit for the second year in a row.

Tyson, IBP File Lawsuits as Merger Collapses

Tyson Foods Inc. and former merger partner IBP Inc. trade lawsuit filings in Arkansas and Delaware after Tyson calls off the deal.

Tyson Finished With Hudson Legal Problems

A final chapter of the Hudson Foods story has officially closed.

Baldor Electric Co.

On March 20 Baldor Electric Co. of Fort Smith announced lower-than-expected estimates of first quarter earnings.

Edgewater Technology Inc.

Edgewater Technology of Wakefield, Mass., announced on March 21 that Joyice Gere had been hired as vice president of consulting to ?lead Edgewater?s efforts to expand its presence in the western region of the United States.?

USA Truck Inc.

USA Truck Inc. had net income of $94,000 in 2000, a 98.9 percent decrease compared to $8.6 million in 1999.

Fort Smith Metro News Briefs: ArcBest goes electric, Baptist Health nurse receives national award

Consumers expected to spend $27.9 billion for Father’s Day

Kevin Costner advocates for national parks during Congressional hearing in Hot Springs

The 9th annual Juneteenth celebration slated for Jonesboro