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Arkansas

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  • Arkansas: New recycling plant to employ up to 350 Wednesday, 17 Oct 2012 | 11:29 AM ET

    ROGERS, Ark.-- A new $10 million plastics recycling facility is planned for Rogers, Ark. and the company says it will hire up to 350 workers. Nextlife Asset Recovery Services announced Wednesday that it will open a headquarters and processing plant and that it will supply several companies with resin that's used to manufacture new consumer plastic items.

  • Drought recovery workshop set for Pine Bluff, Ark. Wednesday, 17 Oct 2012 | 10:25 AM ET

    PINE BLUFF, Ark.-- The Delta Regional Authority and state and federal agriculture officials are holding a workshop in Pine Bluff, Ark. focusing on drought recovery assistance. The workshop will take place at 9 a.m. Wednesday at the University of Arkansas at Pine Bluff.

  • Target to match some rivals' online prices Tuesday, 16 Oct 2012 | 2:49 PM ET

    NEW YORK-- In the latest effort to beat Amazon.com at its game, Target says that for the first time it will match prices that customers find on identical products at select online competitors this holiday season.

  • Murphy to split off its retail division Tuesday, 16 Oct 2012 | 10:18 AM ET

    EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy Oil will continue to explore for and produce oil in the U.S., Canada and Malaysia.

  • Murphy to split into separate E&P, retail company Tuesday, 16 Oct 2012 | 9:18 AM ET

    EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy will become an independent oil exploration and production company focused on the U.S., Canada and Malaysia.

  • News Summary: Morningstar updates 529 plan ratings Monday, 15 Oct 2012 | 3:45 PM ET

    WITH HONORS: College savings plans offered through four states earned top marks from Morningstar in the company's annual update to ratings of so-called 529 plans. PRETTY GOOD: Four other plans earned silver-medal honors from Morningstar. Those 529 plans are sponsored by Arkansas, Michigan, Ohio and Virginia.

  • 4 college savings plans get top Morningstar honors Monday, 15 Oct 2012 | 2:21 PM ET

    BOSTON-- College savings plans offered through the states of Alaska, Maryland, Nevada and Utah earned top marks from Morningstar Inc. in the company's annual update to ratings of so-called 529 plans.

  • US drops 2 to 1,835 rigs exploring for oil, gas Friday, 12 Oct 2012 | 2:58 PM ET

    Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,411 rigs were exploring for oil and 422 were searching for gas. Of the major oil- and gas-producing states, Texas gained four rigs while Alaska, New Mexico and Oklahoma gained one apiece. Arkansas, Colorado, North Dakota and Wyoming lost one rig apiece.

  • Arkansas-based Tyson to audit treatment of animals Friday, 12 Oct 2012 | 1:38 PM ET

    LITTLE ROCK, Ark.-- The nation's largest meat company, Tyson Foods Inc., announced Friday that it will do an animal treatment audit of suppliers' farms.

  • Ahead of the Bell: Analyst rates Wal-Mart 'buy' Friday, 12 Oct 2012 | 7:52 AM ET

    Wal-Mart's turnaround effort is gaining firmer footing, and more improvement is expected as international operations improve and growth accelerates for smaller-format stores, according to Jefferies Equity Research, which boosted its rating on the world's largest retailer.

  • JB Hunt shares jump after glowing 3Q profit Thursday, 11 Oct 2012 | 5:08 PM ET

    LOWELL, Ark.-- Trucking and logistics company J.B. Hunt Transport Services Inc. said Thursday that its third-quarter profit rose almost 14 percent, as a decline in its trucking business was offset by growth in other areas. The company earned $78.2 million, or 65 cents per share, for the quarter that ended Sept. 30.

  • Highlights from the Fed's US economic survey Wednesday, 10 Oct 2012 | 4:56 PM ET

    WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

  • Wal-Mart to accelerate small store growth Wednesday, 10 Oct 2012 | 11:09 AM ET

    NEW YORK-- Wal-Mart Stores Inc. is accelerating the expansion of small stores, particularly its Neighborhood Market stores, as it looks to compete with a variety of rivals from dollar stores to drug chains.

  • Arkansas lawmakers begin budget hearings Wednesday, 10 Oct 2012 | 8:41 AM ET

    LITTLE ROCK, Ark.-- Arkansas lawmakers began work Tuesday on crafting the state's budget for next year, nearing an election that could flip party control of the Legislature and amid unanswered questions about funding needs for schools and Medicaid.

  • Belfonte recalls some ice cream with peanut butter Wednesday, 10 Oct 2012 | 8:33 AM ET

    KANSAS CITY, Mo.-- Belfonte Ice Cream is recalling two types of ice cream that contain peanut butter because of the potential of salmonella contamination. The ice cream was sold between April 2010 and October 2012 in retail and convenience stores in Missouri, Kansas, Oklahoma and Arkansas.

  • Top US ag negotiator: Farm exports likely down $1B Tuesday, 9 Oct 2012 | 7:55 PM ET

    STUTTGART, Ark.-- The nation's top agricultural negotiator said Tuesday that he expects farm exports to be down between $1 billion and $2 billion this year because of the drought. He added that he doesn't believe a one-year dip would lead to a lasting slowdown in sales to Asia, where China is a major buyer of U.S. dairy and meat, or elsewhere.

  • *Advocates, state regulators say plan is fatally flawed* Some say they won't rule out suing SEC if changes not made* Groups point to earlier shoddy cost-benefit analyses* Lifting of the advertising ban was required by JOBS Act* Groups urge SEC to completely re-draft the rule By Sarah N. Lynch.

  • Wal-Mart to give analysts look at business plans Tuesday, 9 Oct 2012 | 6:17 PM ET

    NEW YORK-- Wal-Mart Stores Inc. executives are expected to brief Wall Street analysts Wednesday on topics ranging from the retailer's plans to expand its small stores to its strategies for improving profitability in its overseas business.

  • Wal-Mart to give investors look at business plans Tuesday, 9 Oct 2012 | 6:02 PM ET

    NEW YORK-- Wal-Mart Stores Inc. executives are expected to brief investors Wednesday on topics ranging from the retailer's plans to expand its small stores to its strategies for improving profitability in its overseas business.

  • *Some say they won't rule out suing SEC if changes not made.