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The Supply Side: Dole takeover bid, General Mills boosts forecast
• Dole Food CEO launches takeover bid The Dole Food Company, one of the world's biggest fruit largest producers, received an unsolicited buyout offer from 90-year-old CEO David Murdock. The deal...
View ArticleArvest Mortgage reaches $1 billion in record time
Arvest Bank said Wednesday (June 12) it originated more than $1 billion in mortgage loans for the 11th consecutive year and achieved this milestone in record time. The bank cited growing strength in...
View ArticleGirls Inc. announces scholarship recipients
Girls Inc. of Fort Smith recently presented more than $10,000 to Sarah Edgmon, Destiny Gordon, Jessie May, Stephanie Poarch, Danielle Huggins, Kylie Ballard and Rebecca Bass. Since 1980, when the...
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Wal-Mart sued by Visa over antitrust settlement
Visa USA Inc. sued Wal-Mart Stores Inc. in New York federal court on Wednesday (June 13) in a bid to block the retail giant from pursuing more damages after opting out of a $7.25 billion antitrust...
View ArticleSGL Carbon in Ozark to benefit from New Market credits
story from Talk Business, a TCW content partnerIn the latest legislative session, Arkansas lawmakers passed a measure touted as a jobs creator, the New Market Tax Credits. The bill encouraged private...
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The Supply Side retailer briefs
• Barnes & Noble CEO resigns Barnes & Noble Inc. executive William Lynch stepped down as CEO this week, effective immediately. The resignation comes on the heels of weak sales and mounting...
View ArticleU.S. retailers detail Bangladesh safety pact
Wal-Mart was one of 17 U.S. retailers and suppliers to agree to a five-year safety pack needed to improve workplace conditions at dozens of garment factories in Bangladesh.The safety initiative sets...
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NWACC hires new information officer
Jason J. Degn of Omaha, Neb., has accepted the position of technology/chief information officer for NorthWest Arkansas Community College. Degn was one of 40 applicants for the position and he will...
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The Supply Side briefs: General Mills outlook, Del Monte explores sale
• General Mills expects stable food pricing General Mills Inc. chairman and CEO Ken Powell said food retail prices should remain stable over the next year, which means companies will have to rely on...
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Bachoco expands investment in Arkansas
Mexico-based Bachoco, owner of O.K. Foods, is expanding its investment in Arkansas as the poultry company signed a deal to acquire the breeding assets of Morris Hatchery Inc. located in south Arkansas,...
View ArticleHistoric grants to cities and counties total more than $2 million
Several city and county governments in the Fort Smith and Northwest Arkansas areas received a portion of more than $2 million in grants from the Arkansas Historic Preservation Program, an agency of the...
View ArticleFour join museum staff at Crystal Bridges
Crystal Bridges Museum of American Art recently added four members to the staff. Dina Wood, of Springdale, will assume duties as the museum’s director of development. Suzanne Navarra, of Bentonville,...
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Processing center to bring jobs to Rogers
Serco, an information and technology service provider, has set its sights on Rogers for a new facility slated to open this fall. The company’s domestic base is in Virginia, but the firm is...
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Wal-Mart to re-evaluate expansion in D.C.
If Wal-Mart is to win the battle to do business in Washington D.C., it looks it will be through online sales.Wal-Mart said it is scrapping plans to build three stores in the nation’s capital city,...
View ArticleQuarterly income up for Bank of the Ozarks
story from Talk Business, a TCW content partner Little Rock-based Bank of the Ozarks second quarter net income rose 6.8% to $20.4 million. For the six months ended June 30, 2013, net income totaled...
View ArticleAT&T to acquire Cricket
AT&T said last week it plans to acquire Leap Wireless, parent company of the Cricket brand, with an offer of $15 per share in cash (about $1.2 billion). Under the proposal, AT&T will also...
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Signature Bank announces staff additions, changes
Ryan Dagley has returned to Fayetteville-based Signature Bank as a senior vice president and loan manager for the Bentonville bank. Bank officials also on Monday (July 15) announced promotions of Jake...
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June retail sales indicate modest growth
Consumer spending and retail sales ended the second quarter on a soft note, indicating that economic growth and acceleration has weakened, according to the National Retail Federation. June retail...
View ArticleCrawford County leave time issue tabled to seek legal clarity
What Crawford County Judge John Hall thought was a sure bet turned out to not be the case. The Crawford County Quorum Court tabled on Monday (July 15) an ordinance that would have allowed employees to...
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Northwest Health announces staff additions
Northwest Heath System announced the appointment of Pamela German Hill as its new market chief financial officer, joining the hospital on July 1. Hill has more than 15 years of leadership experience,...
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