Wal-Mart drops earnings outlook 6% to 12%, share price falls (Updated)
story by Kim Souzaksouza@thecitywire.comEditor's note: Story updated with changes and additions throughout.Wall Street did not like what Wal-Mart execs had to say on Wednesday (Oct. 14) about the heavy...
View ArticleDataRank of Fayetteville acquired by Simply Measured of Seattle
DataRank, one of The City Wire’s startups to watch in Northwest Arkansas, has been acquired for an undisclosed sum.Seattle-based Simply Measured, a social analytics firm, closed the deal this week with...
View ArticleFormer Arkansas Governor one of four to enter Arkansas Business Hall of Fame
Former Arkansas Gov. Winthrop Rockefeller (R) joins William Dillard II, Dr. George Mitchell and Patricia Upton to be inducted into the 2016 class of the Arkansas Business Hall of Fame. The four join 70...
View ArticleArkansas Children’s Hospital taps Montague to lead new Springdale campus
Arkansas Children’s Hospital CEO Marcy Doderer has named Trish Montague of San Antonio, Texas, to oversee the leadership positions and the on-site construction of the recently announced hospital campus...
View ArticleReport says Arkansans cautious with loans, bankers comment on costs
A new report from the Federal Reserve shows that Arkansas borrowers have shown a willingness to take on more risk, but are still acting more cautiously in today’s environment than before the Great...
View ArticleFuture School of Fort Smith obtains first step in state approval process...
Editor's note: Updated with comments from Future School Director Trish Flanagan.The Future School of Fort Smith took a big step toward reality on Wednesday (Oct. 14) when a state panel approved the...
View ArticleGov. Hutchinson announces Healthy Active Arkansas effort
story by Steve Brawner, with Talk Business & Politicsbrawnersteve@mac.comA healthier state would save taxpayer dollars, improve Arkansans’ quality of life, and help with industrial recruitment,...
View ArticleLibertarian Party sues for more time to find candidates
The Libertarian Party of Arkansas has filed suit asking for more time to nominate candidates for the 2016 election cycle, drawing a judge who earlier this year ruled against an independent candidate...
View ArticleParkway Bank of Rogers to be acquired by Citizens Bank of Batesville
story by Kim Souzaksouza@thecitywire.comOne of the smaller banks in Northwest Arkansas, Parkway Bank of Rogers with $135 million in assets, has confirmed a pending sale to Citizens Bank of Batesville...
View ArticleCentennial Bank parent company posts 30.6% gain in quarterly net income
story by Wesley Brown, with Talk Business & Politicswesbrocomm@gmail.comAcquisition-hungry Home BancShares Inc. said Thursday (Oct. 15) that third quarter profit jumped 30.6% after the Conway-based...
View Article8th District economy in ‘modest expansion,’ good workers hard to find
Economic growth experienced by Arkansas and the rest of the nation in the second quarter has slowed as the post-recession recovery is now being characterized as a “modest expansion,” according to the...
View ArticleThe Video Wire: Doing some Maverick stuff and wrecking bicycles
Dawson Meadows discusses the new mascot name for Southside High School, and realizes that the selection of a new mascot does not mean an end to the rebellion against the mascot change.The report also...
View ArticleActivity continues at Chaffee Crossing, only 2,800 acres remain to develop
story by Janette Ballman, special to The City WireChaffee Crossing continues to see development in the commercial, industrial, residential and retail areas, including the opening of Interstate 549 in...
View ArticleMicro Plastics to add 79 Arkansas jobs in $2.4 million expansion
Micro Plastics is expanding its Arkansas operations with a $2.4 million investment in the north central Arkansas town of Melbourne that is estimated to add 79 jobs in five years.The company, which...
View ArticleWall Street, investors divided on Wal-Mart’s lowered earnings outlook
story by Kim Souzaksouza@thecitywire.comThe investment community is going with its own every day low price on Wal-Mart shares as the retailer looks inward to try and fix ongoing challenges in its...
View ArticleNorthwest Arkansas home sales rise 22% in September, new records set
story by Kim Souzaksouza@thecitywire.comThe local housing market is as hot as it’s ever been with sales in Benton County alone expected to top $1 billion before the end of the year, according to Paul...
View ArticleSparks Health System hires chief medical information officer, cardiologist
Sparks Health System in recent days has announced the hiring of a new chief medical information officer and another interventional cardiologist.Dr. Sashikanth “Sashi” Kodali, is the new chief medical...
View ArticleTyson Foods, Sam’s Club help South Carolina flood victims
Tyson Foods is deploying its 53-foot mobile kitchen and with help from Sam’s Club plans to set up a major feeding center in Columbia, S.C., for the flood victims in that area.Teams from both companies...
View ArticleUnit formed to try to catch Medicaid fraud
The Arkansas Department of Human Services Division of Medical Services (DMS) and the Office of Medicaid Inspector General (OMIG) are proposing to create a Payment Integrity Unit within DHS and a...
View ArticleTusk to Tail: 7 Predictions from Highly Effective Tailgaters on a Hog bye week
story info compiled by David RiceEditor’s note: Welcome to the fourth season of Tusk to Tail – the sport of tailgating as organized, performed and perfected by a group of Hog fans who have been...
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