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Rising propane prices put pressure on poultry industry
story by Kim Souzaksouza@thecitywire.comCasey Wilson, a poultry grower near Huntsville, Ark., said three of his seven houses are heated with propane gas and with two-week old birds and frigid...
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Arkansas Best full year net income reaches $15.8 million, beats estimates...
Net income during 2013 for Fort Smith-based Arkansas Best Corp. was $15.8 million, much better than the $7.7 million loss in 2012 and the most the company has earned in a year since 2008. The per share...
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Wal-Mart agrees on pay structure for CEOs McMillon, Cheesewright
Wal-Mart’s board of directors has outlined the pay structure for the two highest ranking CEOs recently promoted from within the company ranks. The contract details were spelled out in filings with the...
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Bank of the Ozarks acquires Summit Bank for $216 million
story from Talk Business, a TCW content partnerLittle Rock-based Bank of the Ozarks announced Thursday that it has entered into a definitive agreement and plan of merger with Summit Bancorp, Inc. and...
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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...
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Crawford 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...
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No 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...
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Koprovic, 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...
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The 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...
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Tyson 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...
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Wal-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...
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Tyson 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...
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Fundraising 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...
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U.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...
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Sen. 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...
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Blustery winter reshaping family budgets, hurting retailers
story by Kim Souzaksouza@thecitywire.comRetailers often mention weather as a reason for lackluster sales. It was too warm during the holiday season of 2012 which weighed down sales of winter coats,...
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Plans 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...
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Fort 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...
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Gossage 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,...
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A 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...
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