Wall Street expects a nice payday from Tyson Foods
story by Kim Souzaksouza@thecitywire.comTyson Foods is expected to release healthy first quarter earnings of 64 cents a share on Friday (Jan. 31) ahead of the market opening. This would equal about...
View ArticleCrawford County officials change tax plan for jail funding
story by Ryan Saylorrsaylor@thecitywire.comThere's been another change in the plans for a new jail in Crawford County.It was just a week ago that County Judge John Hall said the Quorum Court was...
View ArticleNo takers yet for historic Masonic Temple in downtown Fort Smith
story by Ryan Saylorrsaylor@thecitywire.comA piece of Fort Smith history has been on the market for a year, still sitting unsold even with the property listed for only $14.27 per square foot.The fact...
View ArticleKoprovic, Webb reappointed to the Arkansas Economic Development Commission
With reappointments by Gov. Mike Beebe (D) of Chester Koprovic and Lee Webb, the Fort Smith region will continue to be home to two of the 16 members of the high-profile Arkansas Economic Development...
View ArticleThe Friday Wire: Ice cream leadership, and a good luck wish for Doug
Thoughts on the soon-to-be new top boss at Wal-Mart Stores, the political fight over the federal farm bill, Northwest Arkansas tax collections and Costco wages are part of the Northwest Arkansas Friday...
View ArticleThe Friday Wire: Notes on jobs, pollution and a farm bill fight
Changes to the Whirlpool pollution plan, the success of Krutsch, the political fight over the federal farm bill, and State of the Union disappointment are part of the Jan. 31 Friday Wire for the Fort...
View ArticleTyson Foods first quarter net income up almost 47% (Updated)
story by Kim Souzaksouza@thecitywire.comFiscal first quarter net income for Springdale-based Tyson Foods was $254 million, well ahead of the $173 million in the first quarter of 2013 and outpacing the...
View ArticleWal-Mart lowers earnings on winter weather, lower food stamp payments
The earnings report to be issued on Doug McMillon’s 20th day on the job as the new Wal-Mart CEO may not be pretty.Wal-Mart Stores Chief Financial Officer Charles Holley announced Friday that bad...
View ArticleTyson shareholders, record price, strong profits, farewell bids
story by Kim Souzaksouza@thecitrywire.comIn typical, non-ceremonial fashion Tyson Foods shareholders held their 51st annual meeting in Springdale on Friday morning (Jan.31). The investors had plenty to...
View ArticleFundraising numbers in for 4th Congressional District candidates
story by Ryan Saylorrsaylor@thecitywire.comThe fundraising gap is getting closer for two Hot Springs Republicans vying to replace U.S. Tom Cotton, R-Dardanelle, in Congress.Businessman Tommy Moll...
View ArticleSam’s Club restructuring includes shuttering Mas Club
story by Kim Souzaksouza@thecitywire.comSam’s Club confirmed last week it was restructuring its in-club operations, trimming 2,300 middle management and hourly job across its U.S. operations.Wal-Mart...
View ArticleU.S. Attorney General Eric Holder visits district office in Fort Smith
U.S. Attorney General Eric Holder was in Fort Smith on Thursday (Jan. 30) as part of what is an effort by the nation’s top law enforcement officer to visit all 93 U.S. Attorney district offices around...
View ArticleSen. Rand Paul talks drug laws, tax policy at Hot Springs GOP event
story by Ryan Saylorrsaylor@thecitywire.comA speech by U.S. Sen. Rand Paul, R-Ky., Friday night (Jan. 31) in Hot Springs seemed less like a pep talk to Arkansas Republicans and more like the first of...
View ArticlePlans move forward on major renovation of Fianna Hills Country Club
story by Ryan Saylorrsaylor@thecitywire.comPlans to drastically alter the appearance and business model of the Fianna Hills Country Club are continuing to move forward, with plans for a $20 million...
View ArticleFort Smith sales tax collections dip 0.69% in 2013
Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire and presented by Fort Smith-based Benefit Bank. Other supporting sponsors of The...
View ArticleGossage of Ozark latest area legislator to announce a re-election bid
story by Ryan Saylorrsaylor@thecitywire.comRep. Bill Gossage, R-Ozark, has announced that he will seek a second term as the representative for District in the Arkansas House later this year.Gossage,...
View ArticleA greener Wal-Mart is a slow work in progress
story by Kim Souzaksouza@thecitywire.comWal-Mart has plenty of fans and critics when it comes to the retailer’s sustainability initiatives. When former CEO Lee Scott boldly announced the retailer’s...
View ArticleU.S. cattle herd liquidation continues, down to 1951 levels
The annual cattle inventory report confirmed that the U.S. cattle herd shrunk 2% from a year ago, according to a U.S. Department of Agriculture annual report. What's more, the 87.7 million head of...
View ArticleArkansas’ January tax revenue hit by weak retail sales
The percentage increase in year-to-date Arkansas gross tax collections fell to 2.1% in January compared to a 3.4% level in the December report. Also, sales and use tax collections continue to come in...
View ArticleMike Duke reflects on his tenure as Wal-Mart CEO
Mike Duke stepped away from the day-to-day leadership of Wal-Mart Stores Inc. on Saturday, (Feb. 1) after five years and some of the most profitable times for the retailer in decades.Though Duke did...
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