Arkansas Business back issues from December 2002:
Alltel stock price rises with earnings.
Dec 02, 2002; ... NOT AS WELL-KNOWN AS WORLD COM OR the Bells, Alltel Corp. has been trying to run with the big dogs for decades. Now it appears the company is pulling ahead of the pack. While all telecommunication companies have been struggling since 2000, when the economy began to tumble and ...
LR lawyer, client face grand jury.(investigation targets Jewell Moser Fletcher & Holleman, Keith Moser of Little Rock and client, Dan F. Whitt)
Dec 02, 2002; ... LITTLE ROCK LAWYER Keith Moser and a client, Dan F. Whitt of Maumelle, are among the targets of a- federal grand jury investigation in Detroit that stretches to Arkansas, Nevada and Wyoming. Neither has been indicted. A year-old civil racketeering complaint filed in ...
Glut of wood makes for tough time in timber. (Timber).(forest products industry overview)(Industry Overview)
Dec 02, 2002; ... DURING NORMAL times, Arkansas' lumber mills could expect to be doing quite well with a continuing strong home construction market. But these aren't normal times. Mills are caught in a market in which lumber prices are at their lowest point since 1992. There's no ...
Big store, big plans. (Whispers).(Big Lots Inc. opens first Little Rock store)(Brief Article)
Dec 02, 2002 ... With little fanfare, Big Lots Inc. of Columbus, Ohio,. opened its first store in Little Rock in the University Plaza at 5820 Asher Ave. last week. The 40,000-SF big-box retailer .offers brand name items, seasonal products, furniture, toys and gifts at "deeply discounted" prices. ...
Riley's case closed. (Whispers).(Primary Care Consultants L.L.C. lawsuit with Riley Co.)(Brief Article)
Dec 02, 2002 ... A cleaning company that provided service to Pat Riley Sr.'s nursing homes recently received a judgment against the company for $100,649. Primary Care Consultants LLC of Tennessee said it signed a contract with Riley's for consulting and housekeeping services, according to its ...
Office closing. (Whispers).(Rnadstad North America apparently left Little Rock)(Brief Article)
Dec 02, 2002 ... It appears Randstad North America, the employment services company, has left the Little Rock market. It had an office at 10500 W. Markham and when we called the company's office phone ...
From newsprint to paperback. (Whispers).(Tyler & Tyler Booksellers opened in North Little Rock)(Brief Article)
Dec 02, 2002 ... A pair of Arkansas Democrat-Gazette employees have taken their love of the printed page one step further. They've opened Tyler & Tyler Booksellers in North Little Rock. The owners, Mike and Sandra Tyler, have created within their 1,400-SF store an emphasis on "all things ...
Noisy nursing home. (Whispers).(Good Samaritan Campus sued for too much racket)(Brief Article)
Dec 02, 2002 ... Most nursing homes are sued over allegation of patient neglect or abuse, but not Good Samaritan Campus in Hot Springs Village. It was sued over creating too much racket. Its neighbors, Ralph and Margaret Spratt, said the noise the nursing home's diesel generator is ...
Competitive Auto Parts. (Whispers).(Napa Auto Parts store closes in Little Rock)(Brief Article)
Dec 02, 2002 ... The Napa Auto Parts store at 5300 12th Street in Little Rock has closed due to competition and low volume. Kathy Vanlandingham, manager of the Napa store at 715 E. Roosevelt Road, said her store and two other Napa stores nearby are picking up the 12th Street store's business. ...
Wild ride. (Whispers).(Grady Michael alleges injury in case against Wild River Country)(Brief Article)
Dec 02, 2002 ... A Conway man was counting on a tamer experience when he visited Wild River Country in North Little Rock on Memorial Day two years ago. In a complaint filed Nov. 6 in Pulaski County Circuit Court against the theme park owned by Halcyon Attractions of Arkansas Inc., Grady Michael ...
No to Tariffs? (Editorial).(analysis of tarriff elimination suggestion)(Editorial)
Dec 02, 2002 ... WE'VE LONG SUPPORTED free trade, and now comes the current administration in Washington proposing zero percent tariffs on manufactured goods. Of course, the idea is not new. Nor is it likely to happen anytime soon. But it is a bold idea, and we think it's a good one. ...
Banking on growth. (Editorial).(bank expansion projections)(Brief Article)(Editorial)
Dec 02, 2002 ... A FEW YEARS BACK, PEOPLE were often heard making remarks about there being a service station on every corner. Now, few "service" stations exist, having been replaced by numerous "convenience" stores. Is the day coming when we'll be hearing people talk about their being a branch ...
Letter.(Letter to the Editor)
Dec 02, 2002 ... Hospital Surpluses I was amused by the recent letter (Arkansas Business Nov. 18 issue) from Dr. Roger K. Howe, who is vice president of medical affairs for QualChoice of Arkansas. Dr. Howe expressed his outrage over the recent report on the surpluses of hospitals and made a ...
Uncommon partnership. (Editor's Note).(speculation on First Commercial Corp., Twin City Bank partnership)(Editorial)
Dec 02, 2002; ... THE NAMES OF BILL BOWEN, mastermind of First Commercial Corp.'s "uncommon partnership," and Terry Renaud, the brilliant bank marketer who built the original Twin City Bank into a billion-dollar business, were invoked with reverence last week when the new Twin City announced an ambitious ...
Crisis communications. (Commentary).(discussion of importance)(Column)
Dec 02, 2002; ... THE ARRESTS THIS YEAR IN three separate incidents involving senior players on the University of Arkansas football team offer a valuable lesson for anyone in business. How would you handle a situation with overriding media interest if an unexpected crisis happened in your organization or ...
Murphy Oil Shares rise after 'significant' discovery. (Energy).(Brief Article)
Dec 02, 2002; ... Shares of Murphy Oil Corp. rose about 7 percent last week on news of a "significant" oil discovery offshore Malaysia. The oil company said its new Kikeh No. 3 oil well in the Kikeh oil discovery in Block K offshore Sabah Malaysia could yield from 400 million to 700 million ...
J.B. Hunt, Freightliner reach deal to buy trucks. (Trucking & Transportation).(J.B. Hunt Transport Services Inc.)(Brief Article)
Dec 02, 2002; ... J.B. Hunt Transport Services Inc. has reached a truck trade and sale deal for 2003 with Freightliner LLC. Under terms of the deal, the tucking company will buy about 2,100 trucks from Freightliner in a one-for-one trade-in of older tucks. J.B. Hunt said the deal will result in a ...
Riceland reports increased income. (Agricultural Business).(Riceland Foods Inc. )(Brief Article)
Dec 02, 2002; ... Riceland Foods Inc. reported income, before distributions to patrons, of $426.3 million for its fiscal year ended July 31, a $22.6 million increase over the previous year. At the company's 82nd annual meeting at Stuttgart yesterday, Richard E. Bell, president and chief executive ...
NLR motorcycle business sold. (Buy Out).(Richard Cowell purchases North Little Rock Honda)(Brief Article)
Dec 02, 2002; ... Richard Cowell bought North Little Rock Honda in November for an undisclosed price. Don and Patsy Diamant, who owned the company for more than 30 years, sold it so they could retire, Cowell said. ...
UAMS doctors simulate blood flow in cadavers. (Health Care).(University of Arkansas for Medical Sciences at Little Rock )(Brief Article)
Dec 02, 2002; ... Using a second-hand electric pump as a "heart" and red food coloring-from a grocery store as "blood," neurosurgeons at the University of Arkansas for Medical Sciences at Little Rock have breathed new life into laboratory cadavers. The result is a new technique designed to ...
Two UA economists among top experts. (Inside Business).(University of Arkansas professors receive European Economics Association rankings)(Brief Article)
Dec 02, 2002; ... Two economics professors at the University of Arkansas' Sam M. Walton College of Business were listed recently in the top 2 percent of economists in the world by the European Economics Association. Economics professor Gary D. Ferrier was recognized for the number of citations ...
Twin City Bank, Arvest announce expansions. (Banking & Finance).
Dec 02, 2002; ... LAST WEEK WAS ONE FOR THE HISTORY books, at least those that record the development of banking in Arkansas. On Monday, Twin City Bank of North Little Rock announced that it had raised enough new capital to open five branches in Little Rock by July 2003. On Tuesday, Arvest Bank's ...
Study finds importance of agriculture in state. (NW Journal).(Brief Article)
Dec 02, 2002; ... A study by a University of Arkansas Division of Agriculture publication found that agriculture is more important to Arkansas' economy than in any other state in the Southeast. Agriculture accounts for more than 22 cents of every dollar generated in Arkansas' economy. ...
Philanthropists honored by Fundraising Professionals. (NW Journal).(Bernice Jones, Willard and Pat Walker, Lifetime Philanthropic Achievement Awards)(Brief Article)
Dec 02, 2002; ... Bernice Jones and Willard and Pat Walker were recognized Nov. 13 with Lifetime Philanthropic Achievement Awards by the northwest Arkansas chapter of the Association of Fundraising Professionals. This was the first such awards banquet, but the association plans to hold future events to ...
New hospital slated for Eureka Springs. (NW Journal).(Arkansas)(Brief Article)
Dec 02, 2002; ... Development of a new $5 million hospital in Eureka Springs is moving forward with the Oct. 25 announcement that an agreement to purchase the Eureka Family Medical Clinic by Real Sources Inc. of Russellville has been finalized. The $1.1 million purchase includes the 16,200-SF ...
Plaza Grille. (Business Lunch).(in Double Tree Hotel)(Restaurant Review)
Dec 02, 2002 ... Address: DoubleTree Hotel, Markham Street and Broadway Phone: (501) 372-4371 Hours: 6:30 a.m.-2 p.m., 5-10 p.m. Sunday-Saturday 2002 Revenue: Not available 5 waiters-Perfection; 4-Excellent; 3-Good; 2-Fair; 1-Poor As we snacked on the ...
Cuffs chain grows to 17 dry cleaning stores in 3 years.(Cuffs Drycleaners)
Dec 02, 2002; ... DAVID J. JONES' PURCHASE of three dry cleaner locations in 1999 was a departure for the Little Rock real estate agent. But it was clearly no whim. Three years later, Jones' company has amassed 21 delivery routes based out of 17 stores in central Arkansas under the name Cuffs ...
'Affordable' homes near extinction in Fayetteville.(Arkansas)
Dec 02, 2002; ... WHILE THE DEFINITION OF an "affordable" home is debatable, there is little argument that people looking for newly built houses under $150,000 in Fayetteville may have a better chance of having Ed McMahon ring their doorbell. Fayetteville just hasn't been conducive to a new homes ...
IP's Leola sawmill on 'cutting edge'. (Timber).(International Paper Co.)
Dec 02, 2002; ... INTERNATIONAL PAPER CO. last year transformed its antiquated Leola Lumber Mill into a "state-of-the-art" operation. Lonzo "Buddy" Marion, mill manager since 1997, said the almost total rebuild saved the mill from being closed for good. IP bought the mill in 1974 from ...
Arkansas business list: timber companies; ranked by number of employees in Arkansas. (Timber).(Illustration)
Dec 02, 2002 ... <Pre> ARKANSAS BUSINESS LIST: TIMBER COMPANIES Ranked by number of employees in Arkansas CompanyAddress, Phone No. of AcresWeb Site Employees in Arkansas 1 Georgia-Pacific Corp.3,500 0133 ...
Little Rock joins tree planting event. (Timber Notes).(Arkansas, National Tree Trust)(Brief Article)
Dec 02, 2002 ... To mark National Tree Trust's 10 millionth tree planted, a loblolly pine was planted Nov. 21 on the state's Capitol grounds. The event, called Branching Across America, was designed to raise awareness of the importance of trees to communities across the country, according to its ...
Best Management Practices improve. (Timber Notes).(Brief Article)
Dec 02, 2002 ... The Arkansas Forestry Commission reports the Best Management Practices implementation rate improved in 2001, the latest figures available. The rate increased from 80 percent for the 1998-1999 survey to 83 percent for the 2000-2001 survey, according to the Forestry Commission. ...
Housing construction drops in October. (Timber Notes).(Brief Article)
Dec 02, 2002 ... The Commerce Department reported Nov. 20 that housing construction fell 11.4 percent in October, the largest decline since January 1994. But the number of housing units on which builders broke ground in October was still considered to be in the healthy zone, according to a news ...
Status of Arkansas forests and land.(Brief Article)(Illustration)
Dec 02, 2002 ... <Pre> Status of Arkansas Forests and Land Arkansas Commercial Forest Land 18.4 Million Acres 55% All other Arkansas Land 14.6 Million Acres 45% Non-Industry ...
Asa Hutchinson, the former Arkansas congressman and administrator for the Drug Enforcement Agency, will be nominated by President Bush to be under secretary for border transportation security of the new Department of Homeland Security. (Business Briefs).(Brief Article)
Dec 02, 2002 ... Asa Hutchinson, the former Arkansas congressman and administrator for the Drug Enforcement Agency, will be nominated by President Bush to ...
Brad Payne has been named president of Regions Bank at Russellville. (Business Briefs).(Brief Article)
Dec 02, 2002 ... Brad Payne has been named president of Regions Bank at Russellville. A native of Danville, Payne ...
Arkansas Federal Credit Union. (Business Briefs).(Brief Article)
Dec 02, 2002 ... Arkansas Federal Credit Union members will get an end-of-the-year bonus dividend of 2 percent posted to ...
The Arkansas Regional Council of Carpenters has formed a new millwright local to manage the workload needs of manufacturing and service industries in Arkansas and Oklahoma. (Business Briefs).(Brief Article)
Dec 02, 2002 ... The Arkansas Regional Council of Carpenters has formed a new millwright local to manage the workload needs of manufacturing and service industries in Arkansas and Oklahoma. The new ...
First Federal Bancshares of Arkansas Inc. of Harrison, the savings and loan holding company for First Federal Bank of Arkansas, has declared a 14-cent cash dividend on its common stock payable on Dec. 18. (Business Briefs).(Brief Article)
Dec 02, 2002 ... First Federal Bancshares of Arkansas Inc. of Harrison, the savings and loan holding company for First Federal Bank of Arkansas, ...
HCB Banchsares Inc. of Camden reported net income of $725,000, or 51 cents a share, for the quarter ending Sept. 30. (Business Briefs).(Brief Article)
Dec 02, 2002 ... HCB Banchsares Inc. of Camden reported net income of $725,000, or 51 cents a share, for the quarter ending Sept. 30. The income was a 154 percent increase over the net income of approximately $285,000 for the ...
A community-wide meeting on "Reinventing Downtown Pine Bluff" is scheduled for 4:30-5:30 p.m. Dec. 3 at the Pine Bluff Convention Center. (Business Briefs).(Brief Article)
Dec 02, 2002 ... A community-wide meeting on "Reinventing Downtown Pine Bluff" is scheduled for 4:30-5:30 p.m. Dec. 3 at the Pine Bluff Convention ...
The Entergy Charitable Foundation, a nonprofit foundation of Entergy Corp. (Business Briefs).(Brief Article)
Dec 02, 2002 ... The Entergy Charitable Foundation, a nonprofit foundation of Entergy Corp., awarded Pulaski ...
Vertical Transportation Authority. (Business Briefs).(Brief Article)
Dec 02, 2002 ... Vertical Transportation Authority Inc. of Nashville, Tenn., opened a Little Rock office in ...
For the second consecutive year, the University of Arkansas has been ranked fifth among the 10 best meat and poultry-related programs in the nation by Meat and Poultry magazine. (Business Briefs).(Brief Article)
Dec 02, 2002 ... For the second consecutive year, the University of Arkansas has been ranked fifth among the 10 best meat and poultry-related programs in the nation by Meat and Poultry magazine. The magazine ranked the university fifth for the quality of its programs in poultry ...
The economic impact of services provided by University of Arkansas at Little Rock's Arkansas Small Business Development Center. (Business Briefs).(Brief Article)
Dec 02, 2002 ... The economic impact of services provided by University of Arkansas at Little Rock's Arkansas Small Business Development Center topped $118 million in 2000 and generated $9.1 million in state tax revenue, according to a recent study by a Mississippi State ...
The third-annual SWIFT (SBIR/STTR -- Where Innovation Focuses Technology). (Business Briefs).(Brief Article)
Dec 02, 2002 ... The third-annual SWIFT (SBIR/STTR -- Where Innovation Focuses Technology) tour will bring federal government program managers from various agencies to Little Rock Dec. 9 to meet with local business owners, scientists, engineers and inventors to offer insight and information about the Small ...
Premcor Inc. of Old Greenwich, Conn., will buy The Williams Cos.' Memphis refinery and related supply and distribution assets for $315 million, plus the value of petroleum inventories at closing. (Business Briefs).(Brief Article)
Dec 02, 2002 ... Premcor Inc. of Old Greenwich, Conn., will buy The Williams Cos.' Memphis refinery and related supply and distribution assets for ...
Cummins Inc. has received orders from more than 140 customers. (Business Briefs).(Brief Article)
Dec 02, 2002 ... Cummins Inc. has received orders from more than 140 customers, including P.A.M. Transportation Services Inc. and Tyson ...
The U.S. economy pulled ahead at a brisk 4 percent annual rate in the summer. (Business Briefs).(Brief Article)
Dec 02, 2002 ... The U.S. economy pulled ahead at a brisk 4 percent annual rate in the summer, a stronger performance than the government previously thought. The ...
Cordova Constructors. (New Businesses).(Brief Article)(Company Profile)
Dec 02, 2002; ... Owner: Larry Patterson Address: 906 S. Shackle ford Road, Suite 300, Little Rock 72211 Phone: (501) 978-1133 Hours: 8 a.m.-6 p.m. Monday-Friday Startup: May E-mail: pattfive@cs.com Cordova Constructors, owned by Larry ...
Mortgages for Arkansas Inc. (New Businesses).(Brief Article)(Company Profile)
Dec 02, 2002; ... Owner: Casey Miller Address: 10 N. Shackle ford Plaza, Suite 104, Little Rock 72211 Phone: (501) 224-4419 Hours: 8:30 a.m.-5:30 p.m. Monday-Friday Startup: April 19 E-mail: casey@mortgagesforarkansas.com Web Site: ...
Shreve Imaging. (New Businesses).(Company Profile)
Dec 02, 2002; ... Owner: Don Shreve Address: P.O. Box 4112, Fayetteville 72702-4112 Phone: (479) 409-6956 Hours: By appointment Startup: Oct. 1 Web Site: wwwshreveimaging.com Don Shreve is using his love of photography and his journalism ...
Calendar.(Calendar)
Dec 02, 2002 ... DECEMBER * 3 -- IRS Small Business Tax Workshop Sponsors: Internal Revenue Service, Small Business Development Center Time: 1-4 p.m. Location: Fort Smith Public Library, 3201 Rogers Ave. For more information, call (501) 324-5396, Ext. 229. ...
Education. (Movers & Shakers).(Brief Article)
Dec 02, 2002 ... Patricia Kucker has been appointed head of the architecture department at the University of Arkansas. Kucker received the 1999 Associate of Collegiate Schools of Architecture New Faculty Award. Herb Lawrence, director of the Arkansas Small Business Development Center's regional ...
Financial services. (Movers & Shakers).(Brief Article)
Dec 02, 2002 ... Stan Allison has joined the Bank of the Ozarks in Conway as vice president and personal trust officer. Allison will be responsible for the marketing and administration of trust and investment services. Jason Culpepper has been named branch manager for Arvest Bank in North Little ...
Government. (Movers & Shakers).(Clay County Deputy Treasurer Melveda Kegley completes the Arkansas County Treasurer Certification Program workshop)(Brief Article)
Dec 02, 2002 ... Clay County Deputy Treasurer Melveda Kegley completed the Arkansas County Treasurer Certification Program workshop in Pocahontas on Nov. 13-15. The ...
Insurance. (Movers & Shakers).(Brief Article)
Dec 02, 2002 ... Robert L. Shoptaw, CEO of Arkansas Blue Cross and Blue Shield in Little Rock, was elected to the Blue Cross and Blue Shield Association board of directors at its meeting in Chicago. Shoptaw also serves on the board of the National Institute 'for Health Care Management, headquartered in ...
Marketing. (Movers & Shakers).(Pam R. Jones becomes a public relations account executive at Cranford Johnson Robinson Woods)(Brief Article)
Dec 02, 2002 ... Pam R. Jones of Pine Bluff has joined Cranford Johnson Robinson Woods of Little Rock as a public relations account executive. Formerly ...
Nonprofit. (Movers & Shakers).(Brief Article)
Dec 02, 2002 ... John Tyson, chairman and CEO of Tyson Foods Inc. in Springdale, has been named Citizen of the Year by the Arkansas chapter of the March of Dimes in Little Rock. Tyson Foods has supported the March of Dimes by sponsoring employee teams in WalkAmerica, allowing employees to serve on ...
Stock summary.(Arkansas public company stocks)(Illustration)
Dec 02, 2002 ... <Pre> STOCK SUMMARY Arkansas Public Company Stocks 10/26/02 Weekly YTD Close Change Change Acxiom Corp. (ACXM) 15.13 11.58% -58.26% A.E.R.T. (AERTA)...
Pain Care moving. (Whispers).(Pain Care Medical Associates)(Brief Article)
Dec 02, 2002 ... An assistant with Pain Care Medical Associates at 9112 North Rodney Parham Road in Little Rock says the clinic is moving to a new location. Word is the office will be located near Markham and Barrow roads, but she would not confirm the location nor say when the move was taking ...
Turbulence. (Whispers).(David Heard files a lawsuit against Delta Air Lines Inc.)(Brief Article)
Dec 02, 2002 ... David Heard thought he was going to die on Dec. 20, 1999, when the Delta Air Lines Inc. plane he was flying in filled with smoke. The plane made an emergency landing in Boston, averting trouble. But Heard, of Jefferson County, said he's never been the same, according ...
Correction.(Correction Notice)
Dec 02, 2002 ... Hugh McDonald's salary as president and CEO of Entergy Arkansas increased 2.8 percent between 2000 and 2001, not the much higher figure reported in the Nov. 25 issue of Arkansas Business. McDonald was ...
Take the tour -- Again. (Outtakes).(Presentations of advertising agencies seeking the Arkansas Department of Parks & Tourism account are given)
Dec 02, 2002; ... Cranford Johnson Robinson Woods of Little Rock, the state's largest advertising, marketing and public relations firm, is back on board - with the state Department of Parks and Tourism, having won the two-year, $17 million $18 million account last month. Three agencies, out of ...
Ad jackpot. (Outtakes).(political ad spending)(Brief Article)
Dec 02, 2002; ... The newest numbers on political ad spending on television are in, courtesy of the Alliance for Better Campaigns, a Washington, D.C., advocacy group headed by former CBS "Evening News" anchor Walter Cronkite. The survey provided only data from the state's largest television ...