Arkansas Business back issues from May 2001:
Second HIPAA Rule Hits Health Providers in Bank.(Health Insurance Portability Accountability Act of 1996)
May 07, 2001; ... ON APRIL 12, PRESIDENT George W. Bush allowed the second of three rules developed to implement, the Health Insurance Portability Accountability Act of 1996 (HIPAA) to move forward. The health care industry says the major, new privacy rules for personal health records will cost ...
AHTD to Drivers: 'Brace Yourselves'.(Arkansas Highway and Traffic Department will repair numerous roads during 2001)(Statistical Data Included)
May 07, 2001; ... WHEN ARKANSAS voters approved a massive rehabilitation of the state's interstate highway system in 1999, they probably thought about the price tag -- almost $1 billion -- and the targeted result -- a first-class highway network after years of potholes and asphalt patches. But ...
Red Lobster Tops NLR Restaurants, Outback Dominates LR List.(North Little Rock, Little Rock)(Industry Overview)(Statistical Data Included)
May 07, 2001; ... RED LOBSTER IN NORTH LITTLE ROCK, the highest grossing restaurant in Pulaski County, outsold its nearest competitor in 2000 gross food receipts by $912,360. The 288-seat restaurant, which will mark its 20th anniversary next month, increased its food sales by 11.08 percent to ...
Case Closed.(against Arkansas Casino Corp. backers, Robert Buchholz and James Harris)(Brief Article)
May 07, 2001 ... The criminal and civil cases against the backers of Arkansas Casino Corp. may be coming to an end Monday. Sources say the criminal charges against Robert W. Buchholz and James C. Harris will end as a result of a plea agreement. Unfortunately, our sources aren't ...
KARK Changes.(corporate restructuring expected)(Brief Article)
May 07, 2001 ... Here's a heads-up on some corporate restructuring at KARK-TV, Channel 4, that will be announced near the end of the month. It's not clear what changes might take place, but they apparently won't affect on-air news personalities. Morris-owned KARK has been lagging in ...
DeHaven.(Karlas DeHaven sues for back child suppport)(Brief Article)
May 07, 2001 ... Turns out that 3 1/2 decades of tension between Maumelle real estate developer John W. "Jay" DeHaven and his ex-wife, Karla DeHaven Pappas, isn't the only factor in the lawsuit she filed against him March 1, as noted March 19 in Whispers. The Pulaski County Chancery Court ...
DeHaven's Response.(child support case; John W. DeHaven)(Brief Article)
May 07, 2001 ... In an April 5 filing, his attorney George Pike of North Little Rock, asks for a trial on possible sanctions against Pappas and her attorney, Michael Knollmeyer of Little Rock. DeHaven said in a March 19 response to the lawsuit that the two knew that their allegations were ...
The Rest of the Story.(Anthony Principi's idea for streamlining application process)(Brief Article)
May 07, 2001 ... Here's something you haven't heard about Veterans Affairs Secretary Anthony Principi's recent visit to Little Rock. While he was at the V.A. Regional Office in North Little Rock, Principi told staffers that one possibility for streamlining the application and approval process ...
Kroger Land.(Kroger Limited Partnership I buys property)(Brief Article)
May 07, 2001 ... The 4.7-acre Kroger location in Maumelle changed hands in a $3 million deal. Kroger Limited Partnership I, an affiliate of the ...
Fiery Landlord.(Market Place Parntership sues tenant)(Brief Article)
May 07, 2001 ... A September 1999 fire in west Little Rock's Market Place Shopping Center received another flare-up recently. Market Place Partnership, which owns the center at 11121 N. Rodney Parham Road, has sued another one of its tenants in U.S. District Court for failing to meet its lease ...
Past Renewed.(Historic Arkansas Museum opens)(Brief Article)
May 07, 2001 ... AFTER WHAT MUST HAVE seemed like an eternity to its director, Bill Worthen, the Historic Arkansas Museum is open in downtown Little Rock. The former Arkansas Territorial Restoration has undergone a lot more than just a name change. The four-year, $9 million expansion, ...
LETTER.
May 07, 2001 ... Internet Is Alive and Well The Internet is dead? Nothardly. Sure, the days of venture capitalists investing millions in CatSweaters.com is over, but the real world of Internet business keeps turning. The Internet is just as powerful as it ever was, for "techies" and ...
Estrogen in the Soup.(Women entrepreneurs )(Brief Article)
May 07, 2001; ... I NEED TO GET OUT OF THE newsroom more. When I do, I always seem to learn something more beneficial than anything I could have accomplished at my desk. Last week, for instance, I took Delta Trust up on an invitation to a luncheon on women entrepreneurs. I don't have an ...
Advertising to Yourself.(Alltel's ad campaign)(Brief Article)
May 07, 2001; ... I'VE HEARD THE LINE MANY times. Sizing up an advertisement, someone says, "I doubt that ad will sell a single pair of jeans" (or computer, or phone, or whatever is being advertised). There is some truth to that. With only a few exceptions, advertisements alone don't sell ...
Waffle Shuffle.(WH Capital L.L.C. acquires waffle restaurants)(Brief Article)(Statistical Data Included)
May 07, 2001; ... Ownership of 10 Waffle House restaurants in Pulaski County shifted in a transaction valued at nearly $3.5 million. WH Capital LLC of Norcross, Ga., purchased the outlets from Arkansas Waffles Inc. and AMS Holding LLP. The deal included six Little Rock locations: * ...
Doctor Deal.(house sells in Cammack Village, Arkansas for $910,000)(Brief Article)(Statistical Data Included)
May 07, 2001; ... A 5,552-SF home in the Palisades Estates neighborhood of Cammack Village is under new ownership after a $910,000 deal. William and Lesa Bowen-bought the house from Orlo and Myriam Dietrich. The deal was financed with a 10-year loan of $500,000 from Regions Mortgage Inc. of ...
Ridge Residence.(Pulaski Mortgage Co., finance contract)(Brief Article)
May 07, 2001; ... A 6,300-SF house in The Ridge neighborhood of west Little Rock sold for $525,000. Scott and Martha Christie acquired the home from Thomas and Valerie Wright. The deal was financed with a 30-year loan of $420,000 and a $52,500 ...
Shur-Valu Funding.(Harvest Foods grocery store )(Brief Article)
May 07, 2001; ... A 37,817-SF Harvest Foods grocery store in Maumelle is backed with a $4.39 million funding agreement. Shur-Vain Stamps Inc., led by Jerry Davis, obtained the five-year loan from Bank of the Ozarks in Little Rock. The three-acre property is near the northwest corner of ...
Depot Mortgage.(Bailey Properties L.L.C. receives Regions Bank of Birmingham, Alabama loan)(Brief Article)
May 07, 2001; ... Little Rock's historic Union Station was used to secure a $4.15 million financial package. Bailey Properties LLC, led by John Bailey, received the six-month loan from Regions Bank of Birmingham, Ala. The 103,000-SF Union Station at 1400 W. Markham St. previously was ...
Convenient Loan.(Little Rock convenience store )(Brief Article)
May 07, 2001; ... Construction of a west Little Rock convenience store project is financed with a $1.18 million mortgage. RJ Properties Inc., led by Douglas Hendrix, secured the six-month loan from Summit Bank of Malvern. The project at the northeast corner of Rodney Parham Road and ...
Stellar Financing.(Stellar Real Estate Holdings L.L.C. receives Cleburne County Bank loan)(Brief Article)
May 07, 2001; ... A North Little Rock mini-storage project is funded with a $1.1 million mortgage. Stellar Real Estate Holdings LLC, led by James and Mary Cavin, obtained the five-year loan from ...
Georgia-Pacific Selling Ashdown Paper Mill.(Brief Article)(Statistical Data Included)
May 07, 2001; ... Domtar Inc. of Montreal is buying a portion of Georgia-Pacific Corp.'s pulp and paper business, including its uncoated fine paper mill and pulp facilities at Ashdown. Other properties being sold off by the Atlanta-based forest-products giant include mills at Nekoosa and Port ...
Deltic Timber Focuses on Timberlands at Meeting.(Deltic Timber Corp., stockholder meeting)(Brief Article)(Statistical Data Included)
May 07, 2001 ... Shareholders of Deltic Timber Corp. of El Dorado were told by chairman Robert C. Nolan at their annual meeting last month that the company would continue to strengthen its timberlands. The company, which went public in 1997, owns 433,000 acres of timberland in Arkansas and north ...
Ex-Dollar General CFO Filed Notice to Sell Stock.(Brian Burr to sell Dollar General Corp. stocks)(Brief Article)
May 07, 2001; ... Former Dollar General Corp. chief financial officer Brian Burr, replaced in February after the company warned of lower profits due to a higher inventory loss than expected, filed notice with the Securities and Exchange Commission last month of his intent to sell $2.87 million worth of ...
Baker Car & Truck Rental Sold to Avis System.(Brief Article)
May 07, 2001 ... Baker Car and Truck Rental Inc. of Little Rock, the largest Avis system franchisee, has been bought by Avis Rent A Car System Inc. of Garden City, N.Y., a subsidiary of Cendant Corp. Terms of the transaction were not disclosed. Baker Car and Truck Rental generates ...
Western Sizzlin Closes in Little Rock.(Western Sizzlin Corp. closes Sizzlin Steak and More restaurant)(Brief Article)(Statistical Data Included)
May 07, 2001; ... Western Sizzlin Corp., a subsidiary of Austin Steaks & Saloon Inc. of Roanoke, Va., closed its Western Sizzlin Steak & More Restaurant at 9210 N. Rodney Parham Road in Little Rock on April 30 because it was underperforming. The restaurant's 2000 gross food receipts of $901,957 ...
Century Tel Rings Up 25 Percent Growth.(first-quarter revenue)(Brief Article)(Statistical Data Included)
May 07, 2001; ... Century Tel Inc. has reported a 25 percent growth in first-quarter revenue despite its continuing concern over expenses stemming from its $824 million purchase last year of 231,000 access lines in Arkansas. "After a review of the profitability of our rate plans on a ...
Workers' Comp Rates Decrease, State Says.(Arkansas Insurance Department )
May 07, 2001; ... For the seventh consecutive year, workers' compensation voluntary rates have fallen, the Arkansas Insurance Department said last week. While those rates fell 7.5 percent, the "assigned risk" market saw a 1.9 percent rate increase, Insurance Commissioner Mike Pickens said in a ...
Target to Build Fayetteville Store.
May 07, 2001; ... CEI Engineering Associates of Bentonville filed a large-scale development plan with the Fayetteville Planning Commission on April 6 to build a 124,767-SF Target store on 12.9 acres in the city's CMN Business Park II. The plan is scheduled to go before the planning commission on ...
August Max Woman to Open in Mall.(Casual Corner Group plans to open an August Max Woman clothing store in Fayetteville's Northwest Arkansas Mall)(Brief Article)
May 07, 2001; ... Casual Corner Group plans to open an August Max Woman clothing store in Fayetteville's Northwest Arkansas Mall on June 13. Alice Bishop, the mall manager, said the store will occupy a 2,895-SF space that previously housed Melody's Choices, which moved to another ...
First National Recovers Previous Write-offs.(Statistical Data Included)
May 07, 2001; ... First National Bank of Springdale is the only bank in Washington County that reported a positive recovery for net charge-offs to loans for 2000. The bank's 0.14 percent return on write-offs shows recovery of loans that were made in years before. A rigid underwriting policy ...
Huntco Inc. in Blytheville to Cut 100 Jobs.(Brief Article)
May 07, 2001; ... Huntco Inc. of Town & Country, Mo., said last week that it will close its cold rolling and coil pickling operation in Blytheville before June 30, leaving 100 workers without jobs. Huntco, an intermediate steel processor specializing in the processing of flat rolled carbon steel, ...
American Greetings Adds 100 Jobs at Osceola Plant.(Brief Article)
May 07, 2001; ... American Greetings recently announced that 100 jobs will be added to its Osceola plant by the beginning of next year. About 50 employees will be hired by the end of the summer to work on envelope manufacturing, said David Poplar, American Greetings spokesman. The ...
Greene County Looking at Budget Cuts.(cost of housing juvenile inmates)(Brief Article)
May 07, 2001; ... Greene County Judge Levi Pillow said the county is going to fall about $300,000 short for its 2001 budget. The judge said part of the reason for the shortfall is the increasing cost of housing juvenile inmates. From 1997-1999, the county spent less than $75,000 ...
Brave New Restaurant.(restaurant review)(Brief Article)
May 07, 2001 ... 2300 Cottondale Lane Owner: Peter Brave Phone: (501) 663-2677 Hours: 11 a.m. - 2 p.m. Monday-Friday for lunch; 2-5 p.m. for cocktails and hors d'oeuvres; 5-10 p.m. Monday-Saturday for dinner; closed Sunday. Drive Time: Ten minutes from downtown ...
Lonestar Reopens.(Brief Article)
May 07, 2001 ... Lonestar Steakhouse & Saloon on North Rodney Parham Road, which burned in 1997, reopened April 23. And in its first weekend of business, at least one nearby competitor saw sales go down. "Lonestar hurt us this weekend," Tarek Shaehadeh, general manager of Shorty ...
Tyson Foods Inc.(2nd-quarter earnings)(Brief Article)
May 07, 2001 ... Tyson Foods Inc. of Springdale reported its worst quarter in 20 years, a loss of $6 million, or 3 cents per diluted share for the second fiscal quarter ended March 31, compared to $35.7 million or 16 cents earnings in the same quarter last year. The loss was blamed on expenses associated ...
The Junior League of Little Rock.(buys Women's City Club building)(Brief Article)
May 07, 2001 ... The Junior League of Little Rock has bought the former Women's City Club. The Scott Street building will house league offices and will have meeting spaces for nonprofit groups and public ...
Securities and Exchange Commission.(investigating DFG Foods)(Brief Article)
May 07, 2001 ... Securities and Exchange Commission investigators are apparently looking into allegations of fraud at IBP Inc.'s appetizer unit; DFG Foods, based in Chicago. Tyson Foods Inc. called off its planned purchase of ...
Archer Daniels Midland Co.(forms joint-venture with Farmland Industries)(Brief Article)
May 07, 2001 ... Archer Daniels Midland Co. and Farmland Industries, the largest farmer-owned U.S. cooperative, are forming a grain-marketing venture. Under the agreement, the new company, ADM/Farmland Inc., will lease and operate Farmland's grain assets throughout the U.S. Farmland and ADM will share ...
The Sunday Times.
May 07, 2001 ... Forbes magazine says The Sunday Times of London was wrong in saying Wal-Mart Stores Inc. chairman Sam Robson Walton had dethroned Microsoft co-founder Bill Gates as the world's wealthiest man. The Sunday Times calculated that Walton was worth $65.2 billion, but Forbes said a quick peek at ...
Ernst & Young.(former Ernst & Young officer David A. Reed joins Stephens Inc. as advisor)(Brief Article)
May 07, 2001 ... David A. Reed, recently retired senior vice chairman of Ernst & Young, has joined Stephens Inc. as a strategic adviser to the firm's investment ...
Hendrix College.(president Ann Hayes Die)(Brief Article)
May 07, 2001 ... Ann Hayes Die, president of Hendrix College in Conway, is retiring to join the staff of A.T. Kearney Inc., an international ...
Southwestern Energy Co.(1st-quarter earnings)(Brief Article)
May 07, 2001 ... Southwestern Energy Co. of Houston, benefiting from increased oil and gas production and higher commodity prices, reported net income of $16.0 million -- or 64 cents of basic earnings per share -- for the ...
Tetra Technologies Inc.(expands calcium chloride and zinc bromide production)(Brief Article)
May 07, 2001 ... Tetra Technologies Inc. of The Woodlands, Texas, is expanding its liquid calcium chloride and Arkansas brominated products production. Terra is incorporating new ...
Economic Development Alliance of Jefferson County.(receives land from Army for development)
May 07, 2001 ... Some 1,500 acres at the Pine Bluff Arsenal have been transferred, at no cost, from the Army to the Economic Development Alliance of Jefferson County for the development of a life sciences-oriented industrial ...
Alltel Using Middleman to Streamline Procurement.(ICG Commerce)(Brief Article)
May 07, 2001; ... ALLTEL CORP. OF LTITLEROCK hopes to trim $2 million in spending this year by hooking up with an Internet middleman for buying office supplies and arranging various services requiring outside vendors. And officials at the communications company hope that's just the beginning. ...
Brinker Scouts New Restaurant Sites in Little Rock.(BRINKER INTERNATIONAL)(Brief Article)
May 07, 2001; ... BRINKER INTERNATIONAL of Dallas likes what it has seen of the Little Rock market so well that more of its chain restaurants may be on the menu, a company spokesman confirmed. "It's been a great market" in the Little Rock area, said Tim Smith, a spokesman for Brinker in Dallas ....
Fayetteville's Rowdy Street Settles Down.(Dickson street development information)
May 07, 2001; ... DURING THE 1980S, FAYetteville's Dickson Street was known for its rowdy bars, head shops and the occasional homicide. Since the Walton Arts Center opened in 1992, Fayetteville's entertainment district has been undergoing a metamorphosis. About $65 million in private money has ...
ARKANSAS BUSINESS LIST: HIGHEST GROSSING LR RESTAURANTS.(sales statistics)(Brief Article)(Statistical Data Included)
May 07, 2001; ... <Pre> ARKANSAS BUSINESS LIST: HIGHEST GROSSING LR RESTAURANTS Ranked by Gross Receipts in 20002000 Gross 1999 Gross Rank Restaurant Receipts...
ARKANSAS BUSINESS LIST: HIGHEST GROSSING NLR RESTAURANTS.(sales statistics)(Brief Article)
May 07, 2001; ... <Pre> ARKANSAS BUSINESS LIST: HIGHEST GROSSING NLR RESTAURANTS Ranked by Gross Receipts in 2000 2000 Gross Rank RestaurantReceipts [*] 1...
Restaurant Smoking Ban on Track for Adoption.(Arkansas)(Brief Article)
May 07, 2001; ... SMOKING WILL BE BANNED in restaurants by the end of the year if a new state regulation remains on track. On April 26, the Arkansas Board of Health ruled that the proposed regulation needed no changes based on the public comments received. The regulation was then sent to the ...
Corporate Cafeterias Offer Ease of Eating on the Job.(personnel management)(Brief Article)
May 07, 2001; ... SALT-, SUGAR-, FAT-LADEN fare from vending machines. Hastily thrown-together brown bags from home. Hurried trips through fast-food drive-through lanes. Late-night pizza or Szechuan deliveries wolfed down in front of the computer terminal. Sometimes eating at work can seem like ...
Liquor-by-the-Drink Lost, Backers Vow to Fight Again.(Arkansas alcohol policy challenged)(Brief Article)
May 07, 2001; ... REP. JAY BRADFORD, D-WHITE Hall, hoped his bill to allow liquor-by-the-drink in restaurants, motels and meeting halls in larger cities in the state's dry counties would pass the 2001 General Assembly. But it didn't. "It died on the House floor," Bradford said. "We ...
THE COLONNADE.(hosts first event since renovation)(Brief Article)
May 07, 2001; ... Owner: Wallace W. Fowler Jr. Address: 1530 Browns Lane Access, Jonesboro, 72401 Phone: (870) 972-6772 Hours: By contract. Start-up: March 24 Wallace Fowler Jr.'s Colonnade hosted its first special event March 24 following a $1.75 ...
WILD BIRDS UNLIMITED.(company information)(Brief Article)
May 07, 2001; ... Owner: Ken A. Curry Address: 8399 Rogers Ave., Fort Smith, 72903 Phone: (501) 478-8900 Hours: 9:30 a.m.-5:30 p.m. Monday-Saturday Start-up: April 9 Ken Curry said business at his new franchise has far exceeded his expectations in the ...
MOVERS & SHAKERS.(includes information on personnel changes)(Brief Article)
May 07, 2001 ... EDUCATION Jim Bednarz, Mike Greenwood and Debra Walden received faculty achievement awards from the Arkansas State University Board of Trustees. Bednarz received the Faculty Award for Professional Service, Greenwood won the Faculty Award for Scholarship, and Walden won the ...
STOCK SUMMARY.(Arkansas local business stock information)(Brief Article)(Statistical Data Included)
May 07, 2001 ... <Pre> STOCK SUMMARY Arkansas Public Company Stocks 5/02/01 Weekly YTD Close Change Change Acxiom Corp. (ACXM) 16.81 19.47% -53.63% A.E.R.T. (AERTA) 0.87 ...
JMT Transport Inc.(loses case to George T. Bowes for 12.65 million)(Brief Article)
May 07, 2001 ... A $12.65 million verdict, which included $12.5 million in punitive damages, the largest personal-injury award ever granted to an individual by an Arkansas jury, went to George T. Bowes on ...
Huntingdon Life Sciences Inc.(files lawsuit)(Brief Article)
May 07, 2001 ... Huntingdon Life Sciences Inc., the U.S. subsidiary of British test laboratory operator Huntingdon Life Sciences Group plc, has filed an amended complaint in a lawsuit against various animal rights organizations and activists in response to ...
Atlantic Southeast Airlines.(stops service to Forth Smith)(Brief Article)
May 07, 2001 ... Atlantic Southeast Airlines, subsidiary of Delta Air Lines, will suspend service to Fort Smith on Aug. 1. The airline said customers who ...
Arkansas Best Corp.(financial results for first quarter of 2001)(Brief Article)(Statistical Data Included)
May 07, 2001 ... Arkansas Best Corp. of Fort Smith posted net income for the first quarter of 2001 of $9.1 million, or 37 cents per diluted ...
Superior Financial Corp.(financial results for first quarter of 2001)(Brief Article)(Statistical Data Included)
May 07, 2001 ... Superior Financial Corp., holding company of Superior Federal Bank, recorded first-quarter net income of $3.1 million or 34 cents basic and diluted earnings per share ....
Sonigistix.(management issues)(Brief Article)
May 07, 2001 ... Sonigistix, a privately held developer, manufacturer and marketer of flat-panel audio products with offices in British Columbia and Little Rock, is looking for a strategic marketing partner/acquirer to ...
Simmons First National Bank.(opens center in Little Rock, AR)(Brief Article)
May 07, 2001 ... Simmons First National Bank has opened a financial center in downtown Little Rock. The 8,000-SF facility on the ground floor of the USAble Corporate Center at 320 W. Capitol ...