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Arkansas Best loses $13.4 million in the first quarter (Updated)
The tough times continue for Arkansas Best Corp., which reported early Tuesday (April 30) a first quarter 2013 loss of $13.4 million. The loss of 52 cents per share was higher than the consensus...
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NWA Dining Dialogue: Edelstein’s ‘dinner theater’
story by Michael Tilleymtilley@thecitywire.comEditor’s note: The Northwest Arkansas Dining Dialogue is sponsored by Powerhouse Seafood Grill & Restaurant, and managed by The City Wire. The Dining...
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Building sector picks up pace in first quarter 2013
story and photo by Kim Souzaksouza@thecitywire.comHomebuilders and commercial construction crews have more projects under way this year which is a welcome sight for lenders, contract crews, agents and...
View ArticleTurn Key Construction captures ABC award
Fort Smith-based Turn Key Construction Management has earned first place in the category of Renovations and Restoration under $1 million in the Associated Builders and Contractors (ABC) of Arkansas...
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Urban hunting not pushing archery sales
story by Ryan Saylorrsaylor@thecitywire.comFor all of the uproar over deer hunting within Fort Smith city limits, local businesses have not seen much in the way of sales resulting from the new hunting...
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Arvest Mortgage reports double-digit growth to start 2013
Arvest Mortgage Company reports a 13.8% increase in lending activity for the first quarter of 2013, compared to the year-ago period.The company originated more than $624 million in new mortgage loans...
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Cox, KFSM reach carry agreement
It’s not certain how the two sides moved, but officials with Cox Communications and the KFSM TV-5 confirmed late Tuesday (April 30) that a deal was reached that would keep KFSM on the Cox cable system...
View ArticleAnalyst: Freight demand weakens but rates holding up
Easter timing and cold spring weather have tempered retail trends, according to a recent report by Baird Equity Research.Baird said industrial trends have moderated creating a softer-than-expected...
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Wal-Mart playing to win e-commerce battle
story by Kim Souzaksouza@thecitywire.comFew retailers have brand permission to sell everything to everyone, according to Wal-Mart’s Neil Ashe, who expects to win the e-commerce showdown with the help...
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Van Buren seeks LEED effort, gets park donation
story by Ryan Saylorrsaylor@thecitywire.comThe city of Van Buren is seeking to make its new senior center one of just a few LEED certified buildings within Crawford County. Mike LeJong of MAHG...
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NWACC selects Buckley as new chief financial officer
Debi Buckley of Fayetteville, who has served as interim senior vice president for administrative services and chief financial officer since Oct. 1, has been chosen to continue in the role on a...
View ArticleIncome up, revenue down for Murphy Oil Corp.
story from Talk Business, a TCW content partner Murphy Oil Corporation reported higher net income in the first quarter of 2013 of $360.6 million on lower revenue of $6.639 billion. One year ago, the...
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Wal-Mart’s John Aden talks leadership, relationships
story by Kim Souzaksouza@thecitywire.comServant leadership, which was at the central core of Sam Walton’s business ideology, was a priority topic for Wal-Mart’s John Aden, executive vice president of...
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Wal-Mart’s Gisel Ruiz named USO Woman of the Year
Gisel Ruiz, chief operating officer for Walmart U.S., received the 2013 USO Woman of the Year Distinguished Service Award on Thursday (May 2) during a luncheon held in New York. Ruiz said, "It’s such a...
View ArticleBrown’s Collision Center receives Farmer’s Insurance award
Bentonville-based Brown’s Collision Center was recently awarded the 2012 Eastern Division Shop of the Year by Farmer's Insurance. According to a statement from Brown’s, there were 663 collision centers...
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Uncertainties remain about airport tower funds
story by Ryan Saylorrsaylor@thecitywire.comThere seems to be some confusion regarding legislation from the U.S. House of Representatives and signed by President Barack Obama that would fund the...
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Income tax payments boost state revenue in April
Arkansas tax collections continue to move in the right direction, with year-to-date numbers up almost 5% thanks in large part to an April shift with income tax payments. For the first 10 months of...
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Construction rebounds, more jobs and higher prices
story by Kim Souzaksouza@thecitywire.comThe local construction job sector rose 9% in March, employing 700 more workers than a year ago. The uptick in residential construction has subcontracting crews...
View ArticleEdelstein departs as NWA Naturals manager
The Northwest Arkansas Naturals announced Thursday (May 2) that General Manager Eric Edelstein has accepted a position with the Pacific Coast League’s Reno Aces and will transition out of his role as...
View ArticleHMA income, revenue dip in the first quarter
Naples, Fla.-based Health Management Associates posted first quarter net income of $23.102 million, down from $37.69 million in the 2012 quarter. Total revenue in the quarter was $1.482 billion, down...
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