Arkansas Business back issues from April 2006:
Colleagues feared Hutchinson's tax strategies; Virgin Islands residence, Moser's advice figured in split, memos show.
Apr 03, 2006; ... FOUR DIRECTORS WHO LEFT Hutchinsott/Ifrah Financial Services of Little Rock in January to set up a competing financial advisory firm were concerned about potential fallout from founder Eric Hutchinson's aggressive tax-avoidance strategies, internal corporate documents indicate. ...
Convergence battle heats up: AT&T, Comcast barreling into each other's traditional territory.
Apr 03, 2006; ... "COMPETITION BRINGS out the best in products and the worst in people," said the late David Sarnoff, a pioneer in the broadcast industry and RCA's longtime chief. Perhaps he envisioned the convergence wars that are beginning to take place. There's a passionate scuffle ...
Coke bottlers shaken by Wal-Mart's demand: warehouse delivery of Powerade seen as first assault on business plan.
Apr 03, 2006; ... LAST SUMMER WHEN Wal-Mart Stores Inc. suggested to the Coca-Cola Co. that it had a more efficient way to deliver its Powerade sports drink, independent Coca-Cola bottlers scoffed. Coca-Cola bottlers had been delivering Coke and the company's other drink brands straight to ...
Supercenter shuffle.(Whispers)
Apr 03, 2006 ... Call us a broken record, but those rumblings about Wal-Mart in central Arkansas just won't quit. The latest, we hear, involves a new Supercenter on Maumelle Boulevard. The likely location would be near the Crystal Hill intersection, though no deals have been inked, we're told. ...
Another bank in Cabot.(Whispers)
Apr 03, 2006 ... You know how easily amused your Whispers staff can be. Last week, First Arkansas Bank & Trust of Jacksonville filed an application with the Arkansas State Bank Department to open a fourth branch in Cabot. Assuming it's approved--a safe assumption--the new branch will ...
Night and day.(plans of Larry Wilson of First Arkansas Bank and Trust )(Brief article)
Apr 03, 2006 ... Larry Wilson says the Jacksonville and Cabot markets are as different as night and day and his bank's decision to expand in an existing market is completely different from Bank of the Ozarks' desire to enter a new market. "Cabot is a rapidly growing market. We have been in that ...
More Shorter College woes.(Whispers)
Apr 03, 2006 ... Remember we recently told you about Shorter College getting sued by the folks at Comfort Inn & Suites over an unpaid bill? Well, the State of Arkansas recently filed tax liens against the tiny North Little Rock junior college. The amount? $79,606.48. ...
Overton's car sale.(Whispers)
Apr 03, 2006 ... A couple of months before he was charged with eight counts of bank fraud and one count of check-kiting, but long after his financial troubles were a matter of public record, Warren Overton bought a $10,000 car from Bale Chevrolet in Little Rock on credit. In November, the same ...
Correction.(Correction notice)
Apr 03, 2006 ... The list of principals for Crafton Tull & Associates Inc. of Rogers that appeared in the Largest Engineering Firms list in the March 20 issue of Arkansas Business, was ...
A minimum boost.(Editorial)
Apr 03, 2006 ... LAWMAKERS AND SUPPORTers of a proposed amendment to raise the minimum wage in Arkansas have reached an agreement that would put a measure to raise it to $6.25 from the current $5.15 before the General Assembly when a special session is called by Gov. Mike Huckabee. A statutory ...
Missed the point.(LETTER)(Letter to the editor)
Apr 03, 2006; ... I just read the (editorial) in your paper (March 27), concerning the Cogswell case in Pope County. The writer missed the point or, at the least, emphasized the wrong point. The fact that Mr. Cogswell was paid nothing as a result of that trial was because the jury determined that ...
Sweet home.(Conway Regional Health System)(Editorial)
Apr 03, 2006; ... I WAS BORN IN WHAT MY mother still calls the "new" Conway Memorial Hospital. That's because a new hospital had been built in the six and a half years since she had last given birth. I visited my birthplace a couple of weeks ago, and I wonder if Morn, who left Faulkner County 40 years ago, ...
Entergy ethics lacking.(Commentary)
Apr 03, 2006; ... ENTERGY ARKANSAS IS PURSUING a rate increase from its customers of 9.9 percent. Entergy Arkansas is one of a complex of companies, the parent of which is Entergy Corp. The use of the word "parent" is misleading, because the group of corporations acts nothing like a family. ...
Jobs gains, loses reported in states.(Southwestern Energy Co., Lennox Industries Inc. opening new facilities)(Volex Power Products closing a facility)(Brief article)
Apr 03, 2006; ... Several companies with operations in Arkansas said last week that they will add production space and jobs. But one is shutting down. In Stuttgart, Lennox Industries said it will expand its plant, which makes commercial rooftop equipment and accessories. The heating and cooling ...
NWA nonfarm payroll is up 3.3 percent.(arkansas economic aspects)(Brief article)
Apr 03, 2006; ... Nonfarm payroll in the Fayetteville-Springdale-Rogers Metropolitan Statistical Area increased 3.3 percent from 190,800 in September 2004 to 197,100 in September 2005, according to the Bureau of Labor Statistics. Government jobs had the biggest increase, 7.5 percent, from 25,400 ...
State unemployment rate reaches 4.7 percent.(Inside Business)
Apr 03, 2006; ... Arkansas' unemployment rate reached 4.7 percent in February; according to a report by the state Department of Workforce Services. The rate rose four-tenths of a percentage point from a revised rate of 4.3 percent in January. The U.S. jobless rate, at 4.8 percent, was one-tenth ...
Alltel executive: company focusing on stock buybacks.(COMMUNICATIONS)
Apr 03, 2006; ... Alltel Corp.'s chief financial officer told analysts last week that the telecommunications firm will focus on stock buybacks rather than acquisitions, according to a story on CBS Mar-ketWatch. The story quotes Alltel's Sherilyn Gasaway as saying that Alltel would prefer to ...
KGI to market Alltel's tower inventory.(Inside Business)
Apr 03, 2006; ... KGI of Austin, Texas, a wireless site marketing company, has signed an exclusive multiyear agreement with Alltel Corp. to provide nationwide tower marketing and licensing services for Alltel's 3,000 wireless towers. KGI said the deal marks the first time a major U.S. wireless ...
Chenal's McCray to join Bank of the Ozarks.(BANKING & FINANCE)
Apr 03, 2006; ... A week after his retirement as president and COO of Chenal Properties was announced, Bank of the Ozarks announced that Jack McCray is joining the bank company as senior vice president for real estate acquisitions and development. In that position, the bank company said, McCray ...
Cost of driving up to 52.2 cents a mile.(estimated by AAA)
Apr 03, 2006 ... What does it really cost to keep to keep that SUV going all year? Or that new sedan you bought last year? AAA has released its 2006 Your Driving Costs, a detailed look at what Americans really spend while driving their cars each year. For instance, a person driving a ...
Another bank reports counterfeit checks.(Inside Business)
Apr 03, 2006; ... About a week after the Federal Deposit Insurance Corp. warned that counterfeit cashier's checks bearing the name of the Bank of Eureka Springs were in circulation, the FDIC warned that another counterfeit check is making the rounds. The FDIC said First Security Bank of Conway ...
Taggart, Sims architectural firms announce merger.(Inside Business)
Apr 03, 2006; ... Two central Arkansas architecture firms have formally announced a merger. North Little Rock's Taggart Foster Currence Gray Architects Inc. and Little Rock's Sims Grisham Blair Architects EA. will now be known as Taggart Architects. "We're very excited about the different ...
Per Capita Income in 2005.(Inside Business)(Statistical table)(Brief article)
Apr 03, 2006 ... <Pre> Per Capita Income in 2005 Per Capita % Change Income2004-05 1Connecticut 47,8195.5 2Massachusetts 44,2895.0 3New Jersey 43,7715.2 4Maryland41,760 ...
Rogers ropes conventions.(NW Journal: A Look at News From Northwest Arkansas)(Rogers-Lowell Area Chamber of Commerce)(Brief article)
Apr 03, 2006; ... The Arkansas Governor's Conference on Tourism will be coming to Rogers in March 2008. Beth Stephens, vice president of marketing for the Rogers-Lowell Area Chamber of Commerce, said the conference should bring in 500 to 800 people. It's the first time the area has hosted the ...
UAFS chancellor finalists announced.(NW Journal: A Look at News From Northwest Arkansas)
Apr 03, 2006; ... The committee searching for a new chancellor for the University of Arkansas at Fort Smith has narrowed the list of applicants from 86 to three. Dan Ferritor, chairman of the search committee and vice chancellor for academic affairs of the UA System, said one of those applicants ...
UA's KUAF goes high def.(NW Journal: A Look at News From Northwest Arkansas)(Brief article)
Apr 03, 2006; ... National Public Radio station KUAF-FM, 91.3, started broadcasting a digital signal called "HD" (for high definition) in mid-November, the first station in northwest Arkansas to make the leap. But KUAF, which is operated by the University of Arkansas at Fayetteville, didn't tout the ...
Newport moving forward with $2.7 million rail project.(NE Journal: A Look at News From Northeast Arkansas)
Apr 03, 2006; ... The Newport Economic Development Commission recently agreed to buy a rail spur so it can move forward with a $2.7 million rail project. When the project is complete, it could bring an additional 190 jobs to the Jackson County Industrial Complex, said NEDC executive director Jon ...
Frito-Lay receives OK for $67 million in bonds.(NE Journal: A Look at News From Northeast Arkansas)
Apr 03, 2006; ... The city of Jonesboro recently approved an ordinance to issue $67 million worth of industrial development bonds for the Frito-Lay North America plant in Jonesboro. The money will be used to expand Frito-Lay's chip line and add 100 jobs. It is the third series of bonds to be ...
Jonesboro's guard troop going to Iraq.(NE Journal: A Look at News From Northeast Arkansas)(Brief article)
Apr 03, 2006; ... Arkansas' Army National Guard unit stationed in Jonesboro received its orders to go to Iraq in the fall. The Army's National Guard 875th Engineer Battalion, 87th Troop Command, which has more than 400 soldiers in the battalion, also has units in Marked Tree, Harrisburg ...
$100 million mall opens in Jonesboro.(NE Journal: A Look at News From Northeast Arkansas)
Apr 03, 2006; ... The $100 million, 760,000-SF Mall at Turtle Creek in Jonesboro opened last week with more than 50 stores and designs on making the northeast Arkansas city that region's retail hub. The mall includes J.C. Penney and Target stores and a 155,000-SF Dillard's department store. It ...
Tyson Foods Inc.(Business Briefs)
Apr 03, 2006 ... Tyson Foods Inc. escaped having to pay a $1.28 billion judgment last week as the U.S. Supreme Court declined to review a 1996 case in which six cattlemen sued Tyson in Alabama, claiming the company conspired with some beef producers to ...
Former Maumelle alderman Tom Formicola, 46, has filed as a Republican for the 2nd Congressional District seat held by Rep. Vic Snyder, a Democrat.(Business Briefs)
Apr 03, 2006 ... Former Maumelle alderman Tom Formicola, 46, has filed as a Republican for the 2nd Congressional District seat held by Rep. Vic ...
Cone Magie, 81, the longtime publisher of the Cabot Star-Herald and several other publications, died March 27 at Hot Springs.(Business Briefs)
Apr 03, 2006 ... Cone Magie, 81, the longtime publisher of the Cabot Star-Herald and several other publications, died March 27 at Hot Springs. A former president of the ...
Emerson Plywood, part of Weyerhaeuser Co.'s Veneer Technologies business, rang up 365 days without a recordable accident on March 22.(Business Briefs)
Apr 03, 2006 ... Emerson Plywood, part of Weyerhaeuser Co.'s Veneer Technologies business, rang up 365 days without a recordable accident on March 22. It was the first time the mill at Emerson, which employs more than 240 workers, ...
TruService Community Federal Credit Union of Little Rock, the oldest credit union in the state, celebrated its 75th annual meeting last month.(Business Briefs)
Apr 03, 2006 ... TruService Community Federal Credit Union of Little Rock, the oldest credit union in the state, celebrated its 75th annual meeting last month. Charlotte French, postmaster at Jacksonville, and Bill McLemore, retired ...
Wal-Mart Stores Inc.(Business Briefs)
Apr 03, 2006 ... Wal-Mart Stores Inc. is joining the movement to offer more organic products. As the world's largest retailer, its plans to double its organic grocery items could have a huge ...
The Arkansas State Chamber of Commerce/Associated Industries of Arkansas, in partnership with the U.S. Chamber of Commerce, the Northwest Arkansas Chambers of Commerce and the Center for Business & Economic Research at the University of Arkansas at Fayetteville, will present a workshop titled "China Business 2006.".(Business Briefs)
Apr 03, 2006 ... The Arkansas State Chamber of Commerce/Associated Industries of Arkansas, in partnership with the U.S. Chamber of Commerce, the Northwest Arkansas Chambers of Commerce and the Center for Business & Economic Research at the University of Arkansas at Fayetteville, will present a ...
Little Rock National Airport.(Business Briefs)
Apr 03, 2006 ... Runway 4-Right/22-Left, the commercial service runway east of the terminal at Little Rock National Airport, has been closed ...
The Greater Pine Bluff Chamber of Commerce's Business Expo 2006 will be held May 4 at the Pine Bluff Convention Center.(Business Briefs)
Apr 03, 2006 ... The Greater Pine Bluff Chamber of Commerce's Business Expo 2006 will be held May 4 at the Pine Bluff Convention Center. The sale of booth space for the event is now open to the public. Additional booth space is available in ...
John L. Ferguson.(Business Briefs)(obituary)(Obituary)
Apr 03, 2006 ... John L. Ferguson, who served as Arkansas' state historian for nearly 45 years before retiring last year, died March 25 at the age of 80. The Nashville (Howard County) native studied at the University of Arkansas ...
A report by the American Heart Association, American Lung Association and American Cancer Society shows a majority of Arkansans support a ban on smoking in the workplace.(Business Briefs)
Apr 03, 2006 ... A report by the American Heart Association, American Lung Association and American Cancer Society shows a majority of Arkansans support a ban on smoking in the workplace. Of the more than 500 registered voters ...
Hendrix College at Conway is ranked as one of the nation's best value colleges, according to The Princeton Review, a New York-based education services company, in its 2007 edition of America's Best Value Colleges, published by Random House.(Business Briefs)
Apr 03, 2006 ... Hendrix College at Conway is ranked as one of the nation's best value colleges, according to The Princeton Review, a New York-based education services company, in its 2007 edition of America's Best Value Colleges, published by Random ...
Fort Smith builders avoid spec development.
Apr 03, 2006; ... IF YOU BUILD IT, THEY MIGHT not come. That's what Fort Smith developers care thinking when it comes to upscale spec houses. The city's struggling economy, along with the possibility of Beverly Enterprises leaving town, has builders shying away from spec houses in favor of ...
Nature Conservancy targets SW Arkansas sites.
Apr 03, 2006; ... WITH ALL ITS 6.8 MILLION acres of timberland in the U.S. up for sale, including 690,000 acres in Arkansas, International Paper Co. struck a deal last week to sell The Nature Conservancy and The Conservation Fund some 218,000 acres in the South for about $300 million. In ...
Government, health care jobs on rise since 2005.(List Overview)
Apr 03, 2006; ... JUST WHEN IT LOOKED LIKE Arkansas' manufacturing industry had bottomed out, incremental job losses continue to eat away at the sector's overall employment numbers. There are currently some 197,200 Arkansans with manufacturing jobs, and that's about 2.5 percent less than in 2005 ...
Largest Arkansas employers.
Apr 03, 2006; ... <Pre> Largest Arkansas Employers Ranked by employees in Arkansas Employer 2006 2005 Percent Address, Phone Employed Employed Change 1Arkansas State Government 52,723 51,770 1.8 State Capitol, ...
Express Fitness.(New Businesses: A Listing of Business Start-Ups in Arkansas)
Apr 03, 2006; ... Owners: Dennis Washkowiak, Roger Barker and D.D. Nichols Address: 3309 Winchester Drive, Benton 72015 Phone: (501) 776-0001 Hours: members have 24-hour access; office hours are 8 a.m.-8 p.m. Monday-Friday, 9 a.m.-12 p.m. Saturday Startup: ...
EmbroidMe.(New Businesses: A Listing of Business Start-Ups in Arkansas)(company overview)(Company overview)
Apr 03, 2006; ... Owner: Mary Hearnes Address: 115 Audobon Drive, Suite 4, Maumelle 72113 Phone: (501) 851-3202 Hours: 10 a.m.-6p.m. Monday-Friday, by appointment Saturday Startup: May 2005 E-mail: embroidmestore@yahoo.com Web site: ...
Calendar.(Calendar)
Apr 03, 2006 ... * 5--Little Rock Chamber of Commerce Technology Expo Sponsor: Little Rock Regional Chamber of Commerce Time: 9 a.m.-4 p.m. Location: Statehouse Convention Center, Little Rock For more information, call (501) 377-6016. * 5--Pathways to ...
Bell Foster Bowman Fleming PA.(ACCOUNTING)
Apr 03, 2006 ... Lacey Mauk and Alan Gable joined Bell Foster ...
Benny Webb was named Outstanding Employee of 2006 by the Arkansas Oil Marketers Association.(ENERGY)
Apr 03, 2006 ... Benny Webb was named Outstanding Employee of 2006 by the Arkansas Oil Marketers Association. Webb is vice president ...
TME Inc.(ENGINEERING)
Apr 03, 2006 ... Gary A. Griffis was named an associate ...
Chambers Bank.(FINANCIAL SERVICES)
Apr 03, 2006 ... Josh Havner was promoted to assistant vice president of Chambers Bank of Danville. Havner joined ...
Summit Bank.(FINANCIAL SERVICES)
Apr 03, 2006 ... Sue Wilson joined Summit Bank of Hot Springs as a senior vice president. Wilson previously was branch manager at Wells Fargo Home Mortgage of Hot Springs. Racquel Houston joined as a mortgage loan originator. Houston previously was a home mortgage consultant with Wells Fargo Home ...
Metropolitan National Bank.(FINANCIAL SERVICES)
Apr 03, 2006 ... Joe Crim joined Metropolitan National Bank of ...
Stewart L. Simmons, Hazen postmaster, received the Employer Support of the Guard and Reserve's Above & Beyond Award, presented by the Arkansas Air National Guard, for his longtime support of a military employee.(GOVERNMENT)
Apr 03, 2006 ... Stewart L. Simmons, Hazen postmaster, received the Employer Support of the Guard and Reserve's Above & Beyond Award, presented by the Arkansas Air National Guard, for ...
Air Evac Lifeteam.(HEALTH CARE)
Apr 03, 2006 ... Bruce Ford joined Air Evac Lifeteam of Vilonia as a flight paramedic ....
Mitchell Blackstock Barnes Wagoner Ivers & Sneddon PLLC.(LEGAL)
Apr 03, 2006 ... Robert W. Wright, chief financial officer of the Arkansas Medicaid program, joined Mitchell ...
Heathcott Associates.(MARKETING/MEDIA)
Apr 03, 2006 ... Alisa Cornelison joined Heathcott ...
Marva Caldwell received the Victor Award presented by the Sales & Marketing Association of Arkansas for outstanding performance at Coldwell Banker Advantage Realty of Little Rock in 2005.(MARKETING/MEDIA)
Apr 03, 2006 ... Marva Caldwell received the Victor Award presented by the Sales & Marketing Association of Arkansas for outstanding performance at Coldwell Banker Advantage Realty of Little Rock in 2005. Keith Maddison received the Victor Award for his performance as an education specialist and tissue ...
Dixie Real Estate LLC.(REAL ESTATE)
Apr 03, 2006 ... Whitley Dunn was promoted to president of Dixie Real Estate LLC of Fayetteville. Dunn previously ...
Stock summary.
Apr 03, 2006 ... <Pre> STOCK SUMMARY Arkansas Public3/30/06 Weekly YTD Company Stocks CloseChangeChange Acxiom Corp. (ACXM) 25.95-1.33%14.55% A.E.R.T. (AERTA) 1.96 5.95% 2.78% Alltel ...
Flip flop.(Outtakes: An Inside Look Into Arkansas Media)
Apr 03, 2006; ... After several consecutive ratings books that showed two stations nearly deadlocked at 10 p.m., the February Nielsen Media Research ratings still show no clear runaway in the coveted news slot. Though KATV-TV, Channel 7, did regain the lead and open up a slightly larger margin of ...
Commercial factory.(Outtakes: An Inside Look Into Arkansas Media)
Apr 03, 2006; ... Many Arkansans remember Ron Sherman best from his days as a weatherman and morning show host on KATV-TV, Channel 7. * What people might not realize is that he's probably more recognizable nowadays in other markets across the country and in Canada than he is here at home. ...
Family firms vulnerable to alt-min tax.(Family-Owned Businesses)
Apr 10, 2006; ... MOST SMALL AND FAMILY--owned businesses have elected "pass-through" corporate structures--LLCs, S corporations and the like--that make corporate profits taxable as personal income. And while those strategies still make plenty of sense, they are increasingly vulnerable to a ...