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Arkansas Business articles from June 2007

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<a href="http://www.highbeam.com/Arkansas+Business/publications.aspx?date=200706" title="Articles and back issues from Arkansas Business">Arkansas Business articles</a>

Arkansas Business back issues from June 2007:

Law firms slow to advertise: few in Arkansas following national trend toward marketing.(Law Firms)

Jun 04, 2007; ... IT'S BEEN 30 YEARS SINCE the U.S. Supreme Court declared that lawyers had a First Amendment right to advertise their services, but--with the notable exception of personal injury practices--law firm marketing is still in its infancy. That is especially true in Arkansas, where ...

Fayetteville Shale testing state law.(gas exploration)

Jun 04, 2007; ... THE LUCRATIVE GAS EXPLORATION of the Fayetteville Shale Play has predictably led to more business for oil and gas lawyers in the state. It has also exposed some gaps in Arkansas law that confuse mineral rights and might someday surprise landowners who don't realize how little ...

Private ownership means more options: and less scrutiny for Alltel as it pursues future growth.

Jun 04, 2007; ... ADVOCATES OF THE PROPOSED $27.5 BILLION buyout of Alltel Corp. portray the transaction as a deal that is simply too good to pass up. From an investor's standpoint, it's tough to argue with the $71.50 per share offer the company drummed up while courting would-be suitors. The ...

Smith Barney investigation.(Cheryl Ann Vickers accused for securities fraud)(Brief article)

Jun 04, 2007 ... You may have heard about the firing of a Smith Barney stockbroker in its Little Rock office earlier this month. We're told the dismissal is linked with the alleged theft of at least $1.3 million from a client's account. So far, though, Cheryl Ann Vickers hasn't been ...

FOIA in action.(Whispers)(Brief article)

Jun 04, 2007 ... Thanks to an unusually prompt response to our request under the federal Freedom of Information Act, we can now bring you a few more details of the $432,000 worth of fines the Federal Insurance Deposit Corp. slapped on John Ed Chambers III of Danville and five of his buddies. In ...

The other Wally's world.(Whispers)

Jun 04, 2007 ... The details are still a little sketchy, but an employee at the Tanglewood Shell Service Station at 7601 Cantrell confirmed that the longstanding pump has closed and will become yet another Walgreens. The anonymous employee said that last Friday was the crew's last day, and that ...

Residential retirement.(Marcelline Giroir Ltd. closing on July 1st)

Jun 04, 2007 ... A familiar name will be departing the ranks of Little Rock's residential realty firms. Marcelline Giroir Ltd. will be closing, effective July 1. The move marks the effective retirement of the firm's namesake owner. ...

Hog suits.(University of Arkansas was ordered to hire additional lawyer)(Brief article)

Jun 04, 2007 ... The University of Arkansas' legal department is plenty busy these days. Chancellor John White recently told USA Today the school has been forced to hire an additional lawyer to handle all the Freedom of Information requests pouring in over the ongoing scandals at the ...

Past time to end embargo.(Marion Berry visits Cuba for agricultural trade)(Editorial)

Jun 04, 2007 ... WITH REP. MARION BERRY visiting Cuba again last week, tt reminds us that it's time to let the trade embargo go. Long past time, actually. We've argued that for years. Arkansas' representatives have long seen the need to end the embargo and open up trade with the communist ...

Did someone say gouging?(regulations for petroleum industry for reduction of prices)(Editorial)

Jun 04, 2007 ... FACT: GAS PRICES JUST BEFORE Memorial Day reached a record high. Fact: Oil company profits are at record levels. Fact: Consumers, though fussing mightily, continue to run down the highways in record numbers while, presumably, cutting back on other expenses. ...

Interesting item.(Editorial)

Jun 04, 2007 ... WHILE MUCH TALK CENTERS around the high price of gasoline, the Milwaukee Journal Sentinel added fuel to the fire with a recent article that said ExxonMobil Corp., BP PLC and Chevron Corp. paid about $7 million in Wisconsin corporate income taxes while making nearly ...

Nonstop news.(Publisher's Note)

Jun 04, 2007; ... THE PAST MONTH HAS BEEN one of the busiest ever for Arkansas business news. It's been fun to be in the daily business news business and see our staff provide instant coverage of the Alltel Corp. and Acxiom Corp. announcements, though it would have been more fun if the Arkansas ...

Fed transaction.(Real Deals: A Look at Important Real Estate Transactions)(federal office building financed by Lasalle Bank of Chicago)(Brief article)

Jun 04, 2007; ... A federal office building in west Little Rock tipped the scales at $21 million. TRT Shackleford West Boulevard LLC of Denver bought the state FBI headquarters at 24 Shackleford West Blvd. The seller is Harris/Hathaway IV LLC, led by Mark L. Harris. The deal is backed ...

Dream buy I.(Real Deals: A Look at Important Real Estate Transactions )(Dreamland Development LLC acquried Saddlebrook Stables financed by BancorpSouth Bank (Tupelo, Mississippi))(Brief article)

Jun 04, 2007; ... A 51.3-acre equestrian project in west Little Rock rang up a $1.2 million transaction. Dreamland Development LLC, led by Russell Huckaby and Jerome Atchley, acquired Saddlebrook Stables at 12110 Stagecoach Road. The seller is Saddle Brook LLC, led by Carl Orlando. ...

Dream buy II.(Real Deals: A Look at Important Real Estate Transactions)(Dreamland Development LLC acquired the property from 2610 Acres LLC financed by National Bank of Arkansas in North Little Rock)(Brief article)

Jun 04, 2007; ... A 1.5-acre commercial property in southwest Little Rock drew an $800,000 sale. Dreamland Development LLC, led by Russell Huckaby and Jerome Atchley, acquired the property near the northeast corner of Otter Creek and Stagecoach roads. The seller is ...

Gemini acquisition.(Real Deals: A Look at Important Real Estate Transactions)(Gemini of Arkansas LLC)(Brief article)

Jun 04, 2007; ... A commercial project in North Little Rock is under new ownership after an $875,000 deal. Gemini of Arkansas LLC, led by Holly Smith, purchased the 1.57-acre project at 4007 Richards Road. The seller is Robian Inc., led by Jim Julian. The deal, which included an ...

The former Holiday Inn Select at 201 S. Shackleford Road in west Little Rock is undergoing transformation into the 243-room Crowne Plaza.(Real Deals: A Look at Important Real Estate Transactions)

Jun 04, 2007 ... The former Holiday Inn Select at 201 S. Shackleford Road in west Little Rock is undergoing transformation into the 243-room Crowne Plaza. The $8.1 million exterior face-lift and interior remodeling ...

Mini purchase.(Real Deals: A Look at Important Real Estate Transactions)(Arkansas Mobile Barns Inc. acquired the property from Real Estate Holdings LLC)(Brief article)

Jun 04, 2007; ... A warehouse property in North Little Rock changed hands in an $800,000 sale. A-Arkansas Mobile Barns Inc., led by David Gatzke, bought LeFevre Self Storage project at 8900 Faulkner Lake Road. The seller is Stellar Real Estate Holdings LLC, led by James Cavin. The ...

Acreage transaction.(Real Deals: A Look at Important Real Estate Transactions)(Wayne and Shawnee Bruffett)(Brief article)

Jun 04, 2007; ... Nearly 200 acres in north Pulaski County sold for $726,000. Wayne and Shawnee Bruffett purchased the land west of Fortson Road along Bayou Meto from Reylance Inc., led by Lance Reynolds. The deal is backed with a five-year loan of $576,000 from ...

Convenient sale.(Real Deals: A Look at Important Real Estate Transactions)(Myers Ranch Inc. acquired the property from Pumps Food Mart Inc.)(Brief article)

Jun 04, 2007; ... A convenience store in east Little Rock is under new ownership after a $340,000 deal. Myers Ranch Inc., led by John and Hyun Chun, bought the 1101 E. Roosevelt Road property. The seller is Pumps Food Mart Inc., led by David Newton. The deal is funded with a ...

McCulloch purchase.(Real Deals: A Look at Important Real Estate Transactions)

Jun 04, 2007; ... An industrial project in east Little Rock changed hands in a $285,000 transaction. McCulloch Investments LLC of Texarkana acquired the 1901 E. 17th St ....

Prospect home.(Real Deals: A Look at Important Real Estate Transactions)(John and Anne Emerson purchasing the house from Edwin and Mary Levy)(Brief article)

Jun 04, 2007; ... A 4,545-SF home in Little Rock's Prospect Terrace neighborhood rang up a $730,000 sale. John and Anne Emerson purchased the house from Edwin and Mary Levy. The deal is financed with a 30-year loan of $584,000 from Bank of ...

Belle River abode.(Real Deals: A Look at Important Real Estate Transactions)(R.B. Causey Jr. and his wife Lynn purchased the house from Sam Atkinson III and Marcia Atkinson)(Brief article)

Jun 04, 2007; ... A 4,200-SF home in Maumelle's Belle River neighborhood sold for $570,000. R.B. Causey Jr. and his wife, Lynn, bought the house from Sam Atkinson III and Marcia Atkinson. The residence previously was tied to ...

Apartment refinance.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)

Jun 04, 2007; ... The owner of a Little Rock apartment project picked up a $4.5 million financial package. Valley Heights Apartments Ltd. II, led by David Henry, obtained the 33-year bond issue from the Pulaski County Public Facilities Board. ...

Hino to expand auto parts plant at Marion.(MANUFACTURING)

Jun 04, 2007; ... Gov. Mike Beebe announced last week that Hino Motors Manufacturing USA will invest an additional $70 million to add equipment to its 400,000-SF Marion plant. Hino employs more than 600 people at the Marion plant, more than double the expected number of 280 employees announced at ...

Windstream to buy CT Communications.(COMMUNICATIONS)

Jun 04, 2007; ... Windstream Corp., the wireline spinoff of Alltel Corp., has entered into a definitive agreement to acquire all the outstanding shares of CT Communications Inc. of Concord, N.C., for about $585 million. Little Rock-based Windstream will pay $31.50 a share in cash for the ...

Alltel looks ahead to 700 MHz auction.(Inside Business)

Jun 04, 2007; ... Alltel Corp. outlined recommendations to the Federal Communications Commission for rules regarding the imminent auction of 700 MHz spectrum in a filing last week. Alltel offered four main proposals in the filing: * That the FCC should adopt a band plan that includes ...

Shareholder wants to add 3 to Acxiom board.(TECHNOLOGY & COMPUTERS)

Jun 04, 2007; ... MMI Investments, Acxiom Corp.'s second largest shareholder, filed documents last week with the Securities & Exchange Commission saying it would nominate three directors to Acxiom's board. The move is part of MMI's previously stated opposition to the Little Rock-based data ...

Fleet Safety Equipment partners with Canadians.(MANUFACTURING)

Jun 04, 2007 ... Fleet Safety Equipment Inc. of North Little Rock has announced a new partnership with Canada's largest police supply company, Mega-Technical Holdings Ltd. Mega-Tech, formed in 1986 to provide products and services to the Canadian police forces, offers a wide variety of high-tech ...

Stephens conference set for June 6-7 in New York.(Public Reports)

Jun 04, 2007 ... Stephens Inc. will host its Spring Investment Conference June 6-7 at the New York Palace Hotel in New York. More than 100 companies will be making presentations during the two-day meeting. Breakout sessions will follow each presentation, and one-on-one meetings are available by ...

PTSI announces stock repurchase program.(Public Reports)

Jun 04, 2007 ... P.A.M. Transportation Services Inc. has authorized the repurchase up to 600,000 shares of common stock from time to time during the next 12 months. Under the stock repurchase program, shares may be purchased in open market or privately negotiated transactions, subject to market ...

Stephens Capital Partners invests in two companies.(BANKING & FINANCE)

Jun 04, 2007; ... Stephens Capital Partners LLC, the Little Rock merchant banking affiliate of investment banking firm Stephens Inc., has completed a pair of equity investments in Product Quest Manufacturing Inc. and Wear Me Apparel. Stephens Capital did not disclose the amount of its investment ...

Salary value index.(Inside Business)

Jun 04, 2007 ... <Pre> Salary Value Index Most Favorable Cities Least Favorable Cities 1 New London, Conn. 1 New York 2 Huntsville, Ala. 2 San Francisco 3 Baltimore 3 Stamford, Conn. 4 Harrisburg, Pa.4 San Jose, Calif. 5 Tulsa 5 San ...

Deming: El Dorado promise paying off.(EDUCATION)

Jun 04, 2007; ... Claiborne Deming, president and CEO of Murphy Oil Corp., said the company's scholarship program for El Dorado high school students is already paying off. In January, the El Dorado publicly traded oil company announced it would give $50 million to cover the cost for tuition and ...

American Eagle at XNA adds direct flight to D.C.(TRANSPORTATION)

Jun 04, 2007; ... American Eagle, a regional affiliate of American Airlines, will add nonstop service between Northwest Arkansas Regional Airport at Highfill and Reagan Washington National Airport at Washington, D.C., beginning Sept. 5. American Eagle said it will operate round ...

Avoid later trouble with carefully drafted arbitration agreements.(A PUBLIC SERVICE OF DAVIDSON LAW FIRM)

Jun 04, 2007; ... A duo of recent Arkansas Supreme Court cases illustrate why it is important for contracts to clearly state the terms of arbitration. Failing to do so may cause a business to lose the protections afforded by both the Federal Arbitration Act (FAA), which applies to transactions involving ...

Benningfield certified as LEED commissioner.(NW Journal: A Look at News From Northwest Arkansas)(Chuck Benningfield)(Leadership in Energy and Environmental Design )(Brief article)

Jun 04, 2007; ... Chuck Benningfield, owner of McTab Inc. of Bentonville, recently gained certification as a "commissioner of buildings" from the University of Wisconsin School of Engineering. Benningfield, now a member of the Building Commissioning Association, is the first in northwest Arkansas ...

Marshals Museum gaining momentum.(NW Journal: A Look at News From Northwest Arkansas)

Jun 04, 2007; ... Sandi Sanders recently traveled to Washington, D.C., to advance one of Fort Smith's crowning achievements. Director of the U.S. Marshals Service National Museum project, Sanders spoke with Arkansas congressmen to update them on plans for the project. She said she has identified ...

$2.55 million project at MetroPark begun.(NW Journal: A Look at News From Northwest Arkansas)

Jun 04, 2007; ... Collins Haynes, though his Metro North Lot 12A LLC, has begun work on a $2.55 million project at MetroPark in Rogers. The project is on 1.78 acres at 701 Horsebarn Road. Plans call for a two-story, 21,500-SF office building that is similar in design to other buildings in ...

Mississippi County buys building to keep 200 jobs.(NE Journal: A Look at News From Northwest Arkansas)

Jun 04, 2007; ... Mississippi County recently bought Creative Foods LLC's building for $1.2 million so 200 jobs would stay in Osceola. Mississippi County Judge Steve McGuire said the county offered to buy the food processor's building on the condition that the new owner, Kagome Ltd. of Japan, ...

Rice dealers' suit alleges seed mixing hurt market.(NE Journal: A Look at News From Northwest Arkansas)

Jun 04, 2007; ... A group of northeast Arkansas rice dealers have sued Bayer Cropscience LP of Germany for allegedly allowing genetically modified rice seeds to ruin the rice market. The group of rice dealers said Bayer was supposed to get approval from the federal Food & Drug Administration for ...

Paragould firm to add 69 full-time employees.(NE Journal: A Look at News From Northwest Arkansas)

Jun 04, 2007; ... Anchor Packaging of St. Louis recently announced that it will expand its manufacturing operations in Paragould, adding 69 full-time positions. About 600 work for Anchor Packaging in Greene County. The company specializes in packaging for the restaurant, supermarket and food-processing ...

Tyson Foods Inc. will lose its claim to being the world's largest protein maker and face increased competition after Brazil-based JBS Latin America's biggest beef producer, bought Greeley, Colo.-based Swift Foods for $1.4 billion.(Business Briefs)

Jun 04, 2007 ... Tyson Foods Inc. will lose its claim to being the world's largest protein maker and face increased competition after Brazil-based JBS, Latin America's biggest beef producer, bought ...

A topping-out ceremony was held last week for Argenta Place in North Little Rock.(Business Briefs)(Brief article)

Jun 04, 2007 ... A topping-out ceremony was held last week for Argenta Place in North Little Rock. The three-story, 24,000-SF building features five luxury condominiums and commercial office and retail space as well as an Irish restaurant and pub. It is scheduled for completion this summer. Paul Esterer, ...

Wal-Mart Stores Inc. has been named one of the Top 10 U.S. Companies for Asian-Americans by Asian Enterprise magazine, the largest Asian-American small business-focused publication in the country.(Business Briefs)

Jun 04, 2007 ... Wal-Mart Stores Inc. has been named one of the Top 10 U.S. Companies for Asian-Americans by Asian Enterprise magazine, the largest Asian-American small business-focused publication ...

Tyson Foods Inc. has completed the sale of two poultry-processing plants at Ashland and Gadsden, Ala., and related support facilities to Koch Foods Inc. of Park Ridge, Ill.(Business Briefs)

Jun 04, 2007 ... Tyson Foods Inc. has completed the sale of two poultry-processing plants at Ashland and Gadsden, Ala., and related support facilities to Koch Foods Inc. of Park ...

The 17th annual Small Business Awards Luncheon will be held June 5 at the Embassy Suites Hotel in Little Rock.(Business Briefs)

Jun 04, 2007 ... The 17th annual Small Business Awards Luncheon will be held June 5 at the Embassy Suites Hotel in Little Rock. The Arkansas State Chamber of Commerce and Associated Industries of Arkansas event, ...

Wachovia Corp. of Charlotte, N.C., the nation's fourth-largest bank, is buying A.G. Edwards & Sons Inc. for $6.8 billion in cash and stock in a deal to form the second-largest retail brokerage firm in the United States.(Business Briefs)

Jun 04, 2007 ... Wachovia Corp. of Charlotte, N.C., the nation's fourth-largest bank, is buying A.G. Edwards & Sons Inc. for $6.8 billion in cash and stock in a deal to form the second-largest retail brokerage firm in the United States. A.G. Edwards has 18 offices in ...

Baldwin & Shell Construction Co. of Little Rock has been named Contractor of the Year for 2006 by the American Subcontractors Association.(Business Briefs)

Jun 04, 2007 ... Baldwin & Shell Construction Co. of Little Rock has been named Contractor of the Year for 2006 by the American Subcontractors Association. The award goes to a contractor that exhibits fairness, professionalism and integrity in its ...

Susan F. "Susie" Smith has been promoted to senior executive vice president and chief operating officer at Metropolitan National Bank.(Business Briefs)

Jun 04, 2007 ... Susan F. "Susie" Smith has been promoted to senior executive vice president and chief operating officer at Metropolitan National Bank. She will continue to oversee several of Metropolitan's divisions--including strategic planning, corporate ...

Advanced Environmental Recycling Technologies Inc. restarted its Springdale South extrusion plant last week after the plant was closed because of a dust explosion.(Business Briefs)

Jun 04, 2007 ... Advanced Environmental Recycling Technologies Inc. restarted its Springdale South extrusion plant last week after the ...

Entergy Arkansas' electricity rates will go up 12.6 percent on July 1 for its residential customers.(Business Briefs)

Jun 04, 2007 ... Entergy Arkansas' electricity rates will go up 12.6 percent on July 1 for its residential customers. The Federal Energy Regulatory Commission ordered the increase ...

A.M. Best Co. has assigned an improved financial strength rating of B (Fair) and an issuer credit rating of bb+ to QCA Health Plan Inc., which does business as. QualChoice.(Business Briefs)

Jun 04, 2007 ... A.M. Best Co. has assigned an improved financial strength rating of B (Fair) and an issuer credit rating of bb+ to QCA Health Plan Inc., which ...

Suicide lawyer takes on mental health providers.(Law Firms)

Jun 04, 2007; ... A TEXAS LAWYER WHO SPECIALIZES in suicide cases has brought his niche practice to Arkansas. Since 1988, Skip Simpson of the Dallas suburb of Frisco has been representing suicide and attempted suicide victims and their families in malpractice complaints against mental health ...

From Runnymede to the rule of law.(law students education)(Column)

Jun 04, 2007; ... AS A LAW STUDENT I HAD THE great fortune, as most lawyers in his state have had, to have been taught by the distinguished professor Robert A. Leflar. In our first year, he taught us torts, a foundation course for all law students. His Socratic method of teaching intimidated all of us. ...

Friday firm the largest in the state: little movement on list.(Friday Eldredge and Clark)(List)

Jun 04, 2007; ... THERE'S BEEN LITTLE MOVEMENT on the list of Arkansas largest law firms during the past year. As lawyers are prone to move around a bit, there's the usual loss of one or two lawyers or the gain of a couple, but that normal shifting resulted in only one change among the top 10 ....

Largest law firms.(List Overview)

Jun 04, 2007; ... <Pre> Largest Law Firms Ranked by licensed attorneys in Arkansas Firm NameNo. ofAddress, Phone, LawyersFax, Web SiteHourly FeeManaging Partner(s)Other Locations Range 1 ...

Drew Speed has been elected partner at BKD LLP in Little Rock.(ACCOUNTING)

Jun 04, 2007 ... Drew Speed has been elected partner at BKD LLP in Little Rock. Speed has been the firm's director of accounting and auditing for Arkansas and has more than 25 years of accounting and auditing experience. Andy Richards and Tracy Young have been promoted to senior manager at BKD. Richards ...

Arkansas Blue Cross & Blue Shield.(HEALTH CARE)(Dr. Kimberly Davis appointed)(Brief article)

Jun 04, 2007 ... Dr. Kimberly Davis of Jonesboro has been named regional medical director for Arkansas Blue Cross & Blue Shield's southeast region in Pine Bluff. Davis previously was a hospital physician for Northeast Arkansas Medical Center in Jonesboro, an assistant professor of family medicine for the ...

University of Arkansas for Medical Sciences.(HEALTH CARE )(Dr. Donald D. Simpson appointed)(Brief article)

Jun 04, 2007 ... Dr. Donald D. Simpson has been named chairman for the Department of Laboratory Sciences in the College of Health Related Professions at the University of Arkansas for Medical Sciences at Little Rock. He has ...

Dr. John Redman, pediatric urologist at Arkansas Children's Hospital and professor in the Department of Urology in the UAMS College of Medicine, was recently voted Doctor of the Year by Arkansas Children's Hospital physicians and staff.(HEALTH CARE)

Jun 04, 2007 ... Dr. John Redman, pediatric urologist at Arkansas Children's Hospital and professor in the Department of Urology in the UAMS College of Medicine, was recently ...

Mitchell Williams Selig Gates & Woodyard.(LAW)

Jun 04, 2007 ... Delena Y. Choonghas joined Mitchell Williams Selig Gates & Woodyard of Little Rock as associate attorney to the firm's litigation group. Choong is a member of the Arkansas, Texas and Colorado ...

Matt Smith and Toney Brasuell have joined Wilson & Associates' Little Rock office as attorneys in the litigation department.(LAW)

Jun 04, 2007 ... Matt Smith and Toney Brasuell have joined Wilson & Associates' Little Rock office as attorneys in the litigation ...

Boyd Metals Inc.(MANUFACTURING)

Jun 04, 2007 ... Jennifer Standridge has been promoted to corporate purchasing assistant at Boyd Metals Inc ....

Gary Blakeney, marketing director for Park Plaza at Little Rock, was presented with the Best Marketing Program Award by CBL & Associates Properties Inc.(MEDIA/MARKETING)

Jun 04, 2007 ... Gary Blakeney, marketing director for Park Plaza at Little Rock, was presented with the Best Marketing ...