Arkansas Business back issues from October 2006:
Mercy Health enters Arkansas; hospital operator brings competition for insurance.(Hospitals)
Oct 02, 2006; ... FOR MORE THAN A DECADE Sisters of Mercy Health System of St. Louis was happy with its relationship with Arkansas Blue Cross & Blue Shield. The three hospitals Sisters of Mercy operated in Arkansas started a joint venture with ABCBS in the 1990s, making them in-network providers ...
Providers of rural health care ask for help from Congress.(Hospitals)
Oct 02, 2006; ... FEDERAL LEGISLATION INTROduced last month would funnel more federal dollars to rural hospitals in the form of increased Medicare reimbursements, capital improvement loans and information technology grants. However, the Health Care Access and Rural Equity Act--called H-Care for ...
Med center buyers look for investors; and hope for profits at Southwest Regional.(Hospitals)
Oct 02, 2006; ... THE PENDING SALE OF LITTLE Rock's struggling Southwest Regional Medical Center is part of a multibillion-dollar wave of health care mergers and acquisitions nationally. "So far into the third quarter, we've tracked $180 billion in health care deals," said Sanford Steever, editor ...
Links land.(Whispers)
Oct 02, 2006 ... Did you know one of the largest apartment' developers in Arkansas has a 100-acre project in the works for North Little Rock? Back in April, we told you about talk of Lindsey & Associates of Fayetteville pursuing a multifamily project, and that talk has turned into transactions. ...
Change of heart?(Whispers)
Oct 02, 2006 ... When last we brought it up, Warren Overton of Little Rock was scheduled for trial on federal bank fraud and kiting charges beginning Oct. 30. But now we see that there's a hearing scheduled in U.S. District Judge Leon Holmes' courtroom at 10:30 a.m. on Monday. ...
Cross-country acquisition.(Ashley Bancstock Co. acquiring First Community Bank (Conway, Arkansas))(Brief article)
Oct 02, 2006 ... Ashley Bancstock Co., the holding company for First National Bank of Crossett, has filed an application with the Arkansas State Bank Department to buy First Community Bank of Crawford County way up and over in Van Buren. And that's pretty much all we can tell you about that ....
Naming rights.(Little Rock city's nickname)(Brief article)
Oct 02, 2006 ... We tried to get a leak of the final decision, but a spokesman for the city of Little Rock was tight-lipped about the outcome of its effort to find a new nickname for ... well ... let's just keep calling it Little Rock for now. But we did find out that they'll be announcing the ...
Great Scott.(Dawn Scott returning to KTHV-TV)(Brief article)
Oct 02, 2006 ... As you know, former KTHV-TV, Channel 11 anchor Dawn Scott is returning to the market after leaving in 2002 for Seattle. KTHV General Manager Larry Audas said last week that even though the pregnant Scott and her husband are expected to complete their move back to central ...
Details please.(Whispers)(Brief article)
Oct 02, 2006 ... Perhaps you've heard talk of the Capitol Center in downtown Little Rock selling. The 45,000-SF office building at 303 W. Capitol Ave. changed hands in a $2.5 million transaction. The Niksefat Family Trust, led by ...
More elbow room.(real estate deals)(Brief article)
Oct 02, 2006 ... A 4.3-acre commercial property in west Little Rock rang up a $1.9 million deal. 14910 Cantrell LLC, led by Elizabeth Small, purchased the property on the east side of the Walgreen's at Highway 10 and Taylor Loop Road. The ...
Corrections.(Correction notice)
Oct 02, 2006 ... Ossama Al-Mefty, chairman of the neurosurgery department at the University of Arkansas for Medical Sciences at Little Rock, is eligible for a bonus, but it is not guaranteed. An article about the highest-paid state employees in the Oct. 25 issue of Arkansas ...
Just call us skeptical.(demand for gasoline raising its prices)(Editorial)
Oct 02, 2006 ... TRAVELING TO A WEDDING last weekend, we bought gas at Dardanelle for $2.04 a gallon for regular. Back home, gasoline was still going for $2.28 a gallon. During the week, gas prices dipped even further in the Arkansas River Valley region--some stations were below $2 a gallon, as were ...
Look! Up in the air!(ivory billed woodpecker seen)(Editorial)(Brief article)
Oct 02, 2006 ... REMEMBER THE IVORY-BILLED woodpecker? It put Arkansas on the ornithological map last year, but by the time the state put out a license plate with its likeness, the excitement created with the sighting of the long-thought-to-be-extinct bird had ebbed. Since there have been no ...
Disconnect.(Editor's Note)
Oct 02, 2006; ... THE REVELATION THAT HEWlett-Packard Co. officials were so upset over leaks to the media that they hired professionals to spy on directors and journalists has surprised me far less than the reaction to the revelation. "I'm still waiting for somebody to describe a legitimate way ...
Retail resale.(Lilac LLC acquired Kmart Center )(Brief article)
Oct 02, 2006; ... The $2.8 million sale of a retail project in south Little Rock was followed by a string of transactions. Lilac LLC, led by Andy Collins, acquired the Kmart Center at 6221 Col. Glenn Road and adjoining property near the southwest corner of University Avenue and Col. Glenn Road. ...
Townhouse transaction.(Woodward-Jon Properties LLC acquired Dovehill Townhouses from MPY Farmland LLC)(Brief article)
Oct 02, 2006; ... A small multifamily project in North Little Rock rang up a $605,000 transaction. Woodward-Jon Properties LLC, led by David Falcon and William McCrary, bought Dovehill Townhouses at 1812 W. 44th St. The seller is MPY Farmland LLC, led by John Prince. The deal is ...
Water park buy.(Real Deals: A Look at Important Real Estate Transactions)
Oct 02, 2006; ... A commercial swimming hole in south Pulaski County drew a $260,000 sale. Leisure Now Inc., led by David Ratliff, purchased Willow Springs Water Park at 3901 Willow Springs Road from the namesake revocable trusts of Richard and Mary Mills. The sellers ...
Estates sale.(Eugene and Jamie Dejordy acquiring house from Eugene and Jamie Dejordy )(Brief article)
Oct 02, 2006; ... A 6,754-SF home in west Little Rock's Valley Falls Estates tipped the scales at $2.3 million. Eugene and Jamie Dejordy acquired the house from John and Timothy Olaimey. The deal is backed with a one-year loan of $2.3 ...
Riverview manor.(Real Deals: A Look at Important Real Estate Transactions)
Oct 02, 2006; ... A 5,700-SF home in Little Rock's Riverview Point neighborhood is under new ownership after a $1.49 million deal. 5421 Hawthorne LLC, led by L. Walter Quinn III, bought the house from Gary Hendershott. The deal is financed with a one-year loan of $1.49 million from the ...
Downs deal.(Real Deals: A Look at Important Real Estate Transactions)
Oct 02, 2006; ... A 5-acre residential spread in west Little Rock's Chenal Downs neighborhood sold for $1.2 million. Michael and Amber Prichard purchased the home from Southern Real Estate Group LLC, led by Russell Huckaby. The deal is funded with a pair of 30-year loans, $750,000 from ...
River Ridge abode.(Real Deals: A Look at Important Real Estate Transactions)
Oct 02, 2006; ... A 3,300-SF home in Little Rock's River Ridge neighborhood changed hands in an $810,000 deal. Chuck and Anita Fiser acquired the house from the Thomas F. James Revocable Trust, the Frances M. James Revocable Trust, Judith ...
Chenal residence.(Real Deals: A Look at Important Real Estate Transactions)
Oct 02, 2006; ... A 5,300-SF home in west Little Rock's Chenal Valley neighborhood rang up a $732,000 sale. WI Properties LLC, led by Carol Witham, bought the house from Little Rock's Rector Phillips Morse Inc. The deal is financed with a ...
Heights house.(Real Deals: A Look at Important Real Estate Transactions)
Oct 02, 2006; ... A 2,600-SF home in Little Rock's Forest Heights neighborhood drew a $600,000 transaction. Sonya Gunn purchased the house from Mary King and Jayme Dissly. The deal is funded with a pair of two-year loans totaling $700,000 ...
Wellington home.(Michael Hui acquired the house from Bateman & Kulm Professional Buildings PLLC)(Brief article)
Oct 02, 2006; ... A 5,400-SF home in west Little Rock's Villages of Wellington neighborhood is under new ownership for $597,000. Michael Hui acquired the house from Bateman & Kulm Professional Buildings PLLC, led by Robert Bateman and Todd Kuhn. The deal is backed with 30-year loans of ...
Waste mortgage.(Real Deals: A Look at Important Real Estate Transactions)
Oct 02, 2006; ... The owner of a waste-hauling project in North Little Rock landed a $100 million financial package. Waste Corp. of Arkansas Inc. of Houston obtained the five-year loan from Comerica Bank of Detroit. The 3.4-acre development ...
Land financing.(Real Deals: A Look at Important Real Estate Transactions)
Oct 02, 2006; ... Nearly 40 acres in west Little Rock is backed with a $7.7 million funding agreement. Remington Road Centre LLC and Colonel Glenn Centre LLC, both led by Leonard Boen, picked up the three-year loan from Pulaski Bank & Trust of Little Rock. The 39 acres south of ...
LR plant to benefit from Dassault deal.(TRANSPORTATION)
Oct 02, 2006; ... Dassault Aviation of Paris has signed a $1.1 billion deal to sell NetJets Europe 24 Falcon 7X jets, the company said. The order, the largest business jet order in European history, will be completed at Dassault Falcon Jet Corp.'s plant in Little Rock, the company said. The deal ...
Murphy Oil to pay $330m to settle spill lawsuit.(ENERGY)
Oct 02, 2006; ... Murphy Oil Corp. of El Dorado has agreed to a $330 million settlement in a class-action lawsuit to cover damages from an oil spill caused when storm surge from Hurricane Katrina knocked a storage tank off its base last year. About 1 million gallons of crude oil spilled out of ...
Arvest buys Kansas Bank.(BANKING & FINANCE)
Oct 02, 2006; ... Bentonville-based Arvest Bank Group Inc. said it had an agreement to purchase Caney Valley Bancshares Inc. in Caney, Kan. CVB is a holding company that operates Caney Valley National Bank, which had one office and $43 million in assets as of June 30. The office will ...
Tyson to Pay $1.5 million for alleged discrimination.(AGRICULTURE BUSINESS)
Oct 02, 2006; ... In the wake of an investigation by the Office of Federal Contract Compliance Programs, Tyson Foods Inc. of Springdale will pay $1.5 million to about 2,500 women and minorities that it did not hire. The world's largest meat processor also will make employment offers to some of ...
Acxiom board nominees elected by solid majority.(TECHNOLOGY & COMPUTERS)
Oct 02, 2006; ... Acxiom Corp.'s slate of four directors, including chairman and company leader Charles Morgan, was re-elected to the company board by a resounding majority at the company's annual shareholders' meeting held in New York City last week. In addition to Morgan, Ann Die Hasselmo, William ...
North Little Rock approves IPTV deal.(TECHNOLOGY & COMPUTERS)
Oct 02, 2006; ... AT&T Arkansas is cleared to begin work on launching video service in North Little Rock as city leaders unanimously agreed last week to terms with the telecom giant to roll out its Internet Protocol Television service. The North Little Rock City Council, which voted 7-0 at its ...
LaBarge gets $8 million in Raytheon contracts.(MANUFACTURING)
Oct 02, 2006; ... LaBarge Inc. of St. Louis has received $8 million in contracts from Raytheon Missile Systems to provide complex cable assemblies and an integrated firing unit assembly for the tactical Tomahawk cruise missile. Production on the contracts at LaBarge's Joplin, Mo., and Huntsville ...
Shell Oil president to speak at LR chamber luncheon.(OIL)
Oct 02, 2006; ... John Hofmeister, president of Shell Oil Co., will be the featured speaker at the Little Rock Regional Chamber of Commerce's Fortune 500 Luncheon at 11:30 a.m. Oct. 3 at the Embassy Suites Hotel in Little Rock. Hofmeister also has held key positions at General Electric, Nortel ...
UAMS use of technology recognized as 'Most Wired.(HEALTH CARE)
Oct 02, 2006; ... The University of Arkansas for Medical Sciences Medical Center, for the fifth time in eight years, has been named one of the "100 Most Wired Hospitals and Health Systems" for its use of technology by Hospitals & Health Networks magazine, a publication of the American Hospital Association. ...
Jury awards broker $480,000 in Dixie trial.(NW Journal: A Look at News From Northwest Arkansas)
Oct 02, 2006; ... A jury awarded Jenny Talley, a former broker for Dixie Real Estate of Fayetteville, more than $480,000 on Sept. 8. The 11-day trial tackled a suit that Talley filed with the Washington County Circuit Court in January 2005 against her former employer. She sought about $2.2 ...
Hearty sailors, appetites win.(Beaver Lake Sailing Club's ninth Annual NEBCO Regatta )(Brief article)
Oct 02, 2006; ... About 175 people attended the Beaver Lake Sailing Club's ninth Annual NEBCO Regatta on Sept. 16 at the club's private marina in Garfield. The annual sailboat race and feast benefits the Northeast Benton County Volunteer Fire Department. BLSC has about 100 members and boasts a ...
Crye-Leike Realtors expanding into area.(NW Journal: A Look at News From Northwest Arkansas)
Oct 02, 2006; ... Crye-Leike Realtors, the nation's sixth-largest real estate company, plans to open a branch office ira Rogers in October. The Memphis-based company attained sales of $5.6 billion with 34,039 closed transactions company-wide in 2005, according to Real Trends Inc., a provider of ...
Acxiom Corp. Company Leader Charles D. Morgan has adopted a prearranged stock trading plan to sell a portion of his company stock over a 10-month period to pay off personal debt.(Business Briefs)
Oct 02, 2006 ... Acxiom Corp. Company Leader Charles D. Morgan has adopted a prearranged stock trading plan to sell a portion of his company stock over a 10-month period to pay off personal debt. Under Rule 10b5-1 of the Securities Exchange ...
Cingular Wireless.(Business Briefs)
Oct 02, 2006 ... Cingular Wireless has launched it 3G (third generation) high-speed wireless broadband service, BroadbandConnect, in central Arkansas. ...
William E. "Bill" Clark, CEO of CDI Contractors LLC, is the 2007 chairman of the Donald W. Reynolds Governor's Cup, "Arkansas's premier statewide business plan competition," according to Sam Walls III, president of the Arkansas Economic Acceleration Foundation.(Business Briefs)
Oct 02, 2006 ... William E. "Bill" Clark, CEO of CDI Contractors LLC, is the 2007 chairman of the Donald W. Reynolds Governor's Cup, "Arkansas's premier statewide business plan competition," according to Sam Walls III, ...
Advanced Environmental Recycling Technologies Inc.(Business Briefs)
Oct 02, 2006 ... Advanced Environmental Recycling Technologies Inc. said full startup of its new Springdale South manufacturing facility has been ...
Southern Property Corp.(Business Briefs)
Oct 02, 2006 ... John French has been named president of Southern Property Corp., an affiliate of Southern Bancorp of Arkadelphia. French has been in the banking industry for 20 years, most ...
Wal-Mart Stores Inc.(Business Briefs)
Oct 02, 2006 ... Wal-Mart Stores Inc.'s board of directors has adopted a majority vote standard for its board, which will apply to all elections of directors. Previously, ...
Murphy Oil Corp. ranks No. 78 on Fortune's 2006 list of the 100 Fastest-Growing Companies.(Business Briefs)
Oct 02, 2006 ... Murphy Oil Corp. ranks No. 78 on Fortune's 2006 list of the 100 Fastest-Growing Companies. The El Dorado company saw profits ...
Retirement Advisors of Arkansas.(holding grand opening of its offices)(Brief article)
Oct 02, 2006 ... Retirement Advisors of Arkansas will hold a grand opening of its new 2,000-SF offices at 301 Natural Resources Drive, No. 202, on Oct. 5. RAA is an Arkansas-based corporation that specializes ...
Regions Bank.(Business Briefs)
Oct 02, 2006 ... Regions Bank of Birmingham, Ala., has launched DeskTop Deposit, a product that allows business customers to deposit checks electronically from their places of business. Customers can submit their checks to their Regions ...
XTO Energy has donated $50,000 to Ducks Unlimited for waterfowl habitat improvement in Arkansas.(Business Briefs)
Oct 02, 2006 ... XTO Energy has donated $50,000 to Ducks Unlimited for waterfowl habitat improvement in Arkansas. With the gift, wetlands restoration on ...
Arkansas Western Gas Co. of Fayetteville, which has 150,000 customers in north Arkansas, is seeking a $13.1 million increase in its base rate.(Business Briefs)
Oct 02, 2006 ... Arkansas Western Gas Co. of Fayetteville, which has 150,000 customers in north Arkansas, is seeking a $13.1 million increase in its base rate. If the state ...
Entergy Corp. of New Orleans was honored as Best in Class for its approach to climate change in a report by the Carbon Disclosure Project, a coalition of global investors with more than $31.5 trillion in assets.(Business Briefs)
Oct 02, 2006 ... Entergy Corp. of New Orleans was honored as Best in Class for its approach to climate change in a report by the Carbon Disclosure Project, a coalition of global investors with more than $31.5 trillion in assets. ...
A Tyson Foods Inc. marketing campaign has earned a multicultural advertising award from the American Advertising Federation.(Business Briefs)
Oct 02, 2006 ... A Tyson Foods Inc. marketing campaign has earned a multicultural advertising award from the American Advertising Federation. Three "Powered by Tyson" television commercials developed by Tyson's African-American ...
AHA annual meeting begins Wednesday.(Hospital Notes)
Oct 02, 2006 ... The Arkansas Hospital Association's 76th annual meeting and trade show will be held Wednesday at The Peabody Little Rock and the Statehouse Convention Center. The meeting offers the opportunity for hospital executive teams, managers and trustees to hear about current issues ...
Children's, UAMS host lecture on Tuesday.(Hospital Notes)
Oct 02, 2006 ... Dr. Jack Shonkoff is the lecturer at this year's L. Lynn Harris Memorial Lecture hosted by the Department of Pediatrics of the University of Arkansas for Medical Sciences and the staff and board of Arkansas Children's Hospital Shonkoff will speak on "Closing the Gap Between Science and ...
UAMS Biochemist enters Mprize competition.(Hospital Notes)
Oct 02, 2006 ... Dr. Craig A. Cooney, an epigenetics expert at the University of Arkansas for Medical Sciences, is entering the competition to win the Methuselah Mouse Prize (Mprize). The Mprize, a scientific research prize aimed at encouraging scientists to find a way to reverse the aging ...
Hospital costs a big part of health care expenditures.(Hospital Notes)
Oct 02, 2006 ... In 2004, the United States spent $1.9 trillion, or 16 percent of its gross domestic product, on health care. This averages out to about $6,280 for each man, woman and child. Hospital costs that year totaled $790 billion, according to a recent government study. Topping the cost ...
Health insurance twice inflation rate.(Hospital Notes)
Oct 02, 2006 ... Although it's the smallest increase in health insurance premiums since 1999, this year's 7.7 percent increase is still more than twice the rate of inflation, according to the Kaiser Family Foundation, a health care research organization that tracks the cost of health insurance. ...
Baptist again tops $1 billion in patient revenue.(Last Overview)
Oct 02, 2006; ... FOR THE SECOND CONSECUtive year, Baptist Health Medical Center in Little Rock was the only hospital in Arkansas to break the $1 billion mark for patient revenue. The 665-bed hospital also reported an income of $12.7 million for its fiscal year that ended Dec. 31, 2005. ...
Largest hospitals & medical centers.(Hospitals)(Table)
Oct 02, 2006; ... <Pre> Largest Hospitals & Medical Centers Ranked by revenue according to most recent Medicare cost report available to Arkansas Business Patient RevenueHospital Return on Net IncomeAddress, Phone ...
Saline Memorial grows with suburbs.(HOSPITALS)(facilities of Fiscal Health of Saline Memorial)(Brief article)
Oct 02, 2006; ... THE FISCAL HEALTH OF SALINE MEMORIAL Hospital in Benton continues to mirror the increased number of rooftops in its service area. The 167-bed facility recorded net income of $1.6 million in 2003, almost $1.8 million in 2004 and $1,8 million in 2005. "We have a very ...
Imagine-A Restaurant.(New Businesses: A Listing of Business Start-Ups in Arkansas)
Oct 02, 2006; ... Owner: Adam Rosenblum Address: 11525 Cantrell Road, Suite 917, Little Rock 72212 Phone: (501) 801-5530 Fax: (501) 801-5533 Hours: Brunch: 10 a.m.-1 p.m. Sun. Lunch: 11 a.m.-2:30 p.m. Mon.-Sat. Dinner: 5-10:30 p.m ....
LAF Productions Inc.(New Business: A Listing of Business Start-Ups in Arkansas)
Oct 02, 2006; ... Owner: Larry Freeman Address: 11214 Mesa Drive, Little Rock 72211 Phone: (877) LAF-LAST (523-5278) Fax: (866) 210-4437 Hours: N/A Startup: January 2006 E-mail: larryfreeman@LAFproductions.com Web site: ...
Calendar.(Calendar)
Oct 02, 2006 ... OCTOBER * 4--Basic Supervisor Training Time: 8 a.m.-4:30 a.m Location: Bank of the Ozarks Building, 5401 Rogers Ave.. Fort Smith Fee: $125 For more information, call (479) 783-8200 * 5--Harding University Fall Career Fair ...
Hendrix College.(EDUCATION)(new appointments)(Brief article)
Oct 02, 2006 ... Kurt Boggan and Randy Wilbourn of Little Rock; Theodore Bunting Jr. of Mississippi; and R. Paul Craig of Chandler, Ariz., joined the board of trustees of Hendrix College at Conway. Boggan is senior pastor at Highland Valley United Methodist Church in Little Rock. Wilbourn ...
Mary Cantrell received the Outstanding Standardized Patient Educator Award from the Association of Standardized Patient Educators.(EDUCATION)
Oct 02, 2006 ... Mary Cantrell received the Outstanding Standardized Patient Educator Award from the Association of Standardized Patient Educators. ...
Ouachita Baptist University.(EDUCATION)
Oct 02, 2006 ... Nancy Hardman has been named to the Edna and Freda Linn Chair of Communication Sciences and PreMedical Studies for ...