Arkansas Business back issues from November 1990:
Results pages:1|2
Tracking the Clark case to the source. (Steve Clark)
Nov 05, 1990; Brummett, John ... Tracking The Clark Case To The Source I read with interest about Steve Clark's lawyer endeavoring to imply that Bill Clinton was behind the disclosures about Clark's disgraceful abuse of his access to taxpayer money. He suggested that Clinton supporters were responsible ...
Flying high in Little Rock. (Little Rock, Arkansas)(Whispers)
Nov 05, 1990 ... Flying High in Little Rock This is exciting. A reliable source tells us that Little Rock is in the running as a possible expansion location for FlightSafety International. The company trains pilots and maintenance guys on Falcon Jet simulators. Its Falcon Learning ...
End of the 80's bond daddies. (the fall of most bond house owners in Little Rock, Arkansas)(Inside Business)
Nov 05, 1990; Walker, Wythe Jr. ... End Of The |80s Bond Daddies The news is that the Little Rock bond house of Allison Rosenblum & Hannahs has lost $3.4 million in its last two years of operation and is near collapse. Direct descendant of scandal-plagued Lasater & Co., Little Rock's symbol of ...
Manipulating the masses. (A Liberal Dose)
Nov 05, 1990; Lynch, Pat ... Manipulating The Masses Bob Walker and his ragged band of lottery supporters always enjoyed casting their effort to pass a constitutional amendment as a kind of class warfare. For the true believers in the statewide lottery, the battle was between the little people and the power ...
Catching the rap on ratings. (rap music)(OutTakes)
Nov 05, 1990; Rengers, Carrie ... Catching The Rap On Ratings When radio station KKYK-FM 104 decided to cut out the rap and hard rock from its format, it wasn't sure how listeners would respond. But a survey sent out Oct. 4 to 50,000 random listeners has brought back positive response. It's too early ...
Major-League plans abound for arena: But questions remain on location, financing. (Plans for sports, cultural and entertainment centers in Little Rock, Arkansas)
Nov 05, 1990; Brummett, John ... Major-League Plans Abound For Arena Two groups have been working quietly and earnestly for months on ambitious but widely divergent plans for sports, cultural and entertainment centers in the Little Rock area. Both plans are tentative with myriad details unsettled, not ...
Getting fiscally fit; good marketing plans mean fat bottom line. (Small Business Consultant)
Nov 05, 1990; Bilek, Dan ... Getting Fiscally Fit Marilyn Westenhaver has been physically fit for over 20 years but, because of her ability to see and seize her market, she is now fiscally fit, too. Westenhaver joined Elaine Powers fitness center as an exercise instructor and became "a mover and a ...
Summit Mall peaks out? (Real Deals)
Nov 05, 1990; Waldon, George ... Summit Mall Peaks Out? The proposed site for the 975,000-SF Summit Mall isn't listed in the Chapter 11 filling by developer Jim Wilson Jr., of Montgomery, Ala., but perhaps it should be. The property is indirectly tied to one of the four companies and partnerships that ...
Sale pending. (Parkway West commercial subdivision's pending sale)(RealDeals)
Nov 05, 1990; Waldon, George ... Sale Pending More details are available on that pending sale in the Parkway West commercial subdivision ("Real Deals" Oct. 29, 1990). Only two bureaucratic hurdles remain before the first lot sale closes at a reported price of $210,000 or $7 per SF. The would-be buyer ...
Down on the farm. (RealDeals)
Nov 05, 1990; Waldon, George ... Down On The Farm Perhaps you noticed that insurance giant Travelers Corp. recently slashed its dividend payment because of large losses in its real estate investments (as reported by Arkansas Democrat business ...
Precise update. (Whispers)
Nov 05, 1990 ... Precise Update Last week we whispered about the sale of the Matthew family's Precision Business Forms to Bank and Business. Since then, it seems the deal has fallen through. The interesting thing is, we hear that Bank and Business already has their hands on PBF's files ...
That's Italian! (Whispers)
Nov 05, 1990 ... That's Italian! At least two industry insiders tell us that the Olive Garden is looking for a location on Shackleford in west Little Rock to put a second restaurant. The chain of Italian eateries is ...
Let's Gator. (Gators Restaurant)(Whispers)
Nov 05, 1990 ... Let's Gator It's ahappening at Gators on the River! Or is it? Reliable sources tell us that Harry Burch, owner of Gators, told people at a recent food show held at the Statehouse Convention Center that the restaurant is up for sale. The restaurant has only been open since late ...
Corridor to the Future. (Dream of biotechnical research park in Arkansas may become reality)(includes related article)
Nov 05, 1990; Griffee, Carol ... Corridor To The Future It isn't a done deal yet, but a decade-long dream of creating a biotech corridor in central Arkansas will get a "new beginning" if Transgenic Sciences Inc. says later this month, as expected, that it's coming to the state. Publicly held TSI, ...
Building Arkansas.
Nov 05, 1990; Pickett, John ... Building Arkansas Residential and nonresidential construction are important sectors in our state's economy, and there are a number of related reasons why construction is significant to the Arkansas business community. First, construction activity is sensitive to ...
Toxic public relations.
Nov 05, 1990; Walker, Wythe Jr. ... Toxic Public Relations Last month, Jerry Halsell, industrial recruiter for the city of Jacksonville, had some prime prospects coming to town to look at his number one property, the abandoned 218,000-SF Franklin Electric Building. Over the past three years, more than ...
Holy land: real estate delivers a bountiful offering for the Roman Catholic church in Arkansas.
Nov 05, 1990; Waldon, George ... HOLY LAND Real Estate Delivers A Bountiful Offering For The Roman Catholic Church In Arkansas Like many early arrivals in Arkansas, Catholic missionaries had few good things to say about the critter-infested swamps and jungles of the territory. The hardships of frontier living ...
To market, to market, to buy a.... (Arkansans flock in the Dallas Apparel Mart, spending millions on clothes)
Nov 05, 1990; Ford, Kelly ... To Market, To Market, To Buy A .... The menagerie of merchandise is dizzying. A blur of color swims in your peripheral vision. The scale of ... ... .....things makes you crazy. Like the roar of a plane engine, thousands of voices make a background babble that you soon learn to ...
Serious money for Maumelle. (Whispers)
Nov 12, 1990 ... Serious Money For Maumelle Jay DeHaven's Maumelle Co.'s cash-flow problems are history the developer says and he's feeling better than he has in a long, long time. How come? Look for news to break soon that DeHaven is inking a million dollar deal with ...
Messy deal. (Whispers)
Nov 12, 1990 ... Messy Deal More info has come our way for the third week running regarding Precision Business Forms and the story keeps getting messier. Bank and Business Forms, the largest Arkansas-based business forms company, was going to buy the assets of No. 2 PBF (1989 sales: $5 ...
Toot & Moo. (RealDeals)
Nov 12, 1990; Waldon, George ... Toot & Moo Roger Mason, the main man at La Sher Oil Co. in North Little Rock, has pumped up his holdings with the acquisition of a gas station/convenience store/car wash in Sherwood. Mason picked up the Toot & Moo facility at 3038 E. Kiehl Ave., a couple weeks ago for ...
A deal to bite into. (RealDeals)
Nov 12, 1990; Waldon, George ... A Deal To Bite Into Stewart Sandwiches has been folded into ASCO Vending following a $225,000 real deal. Gerald Scott, ASCO GM, is now the owner of the companies after buying out Charles Arnold. "I will still be active from a business advisory standpoint," remarks ...
What a Mann! (Monty Mann, successful advertising man )
Nov 12, 1990; Rengers, Carrie ... What A Mann! You never get used to this - like you never get used to dying, I guess." While that may sound like a bit of self-pity, nothing could be further from the truth. Mann has worked in the advertising business 63 years - the last 18 at Brooks Pollard - and he's ...
Baird, Kurtz, Dobson sits atop CPA heap. (Arkansas' largest accounting firm)
Nov 12, 1990; Mills, Letha ... Baird, Kurtz, Dobson Sits Atop CPA Heap The world of accountants is sometimes a vibrant and violent one contrary to the stereotypical images of number crunchers clad in green visors and arm garters. War stories abound where clients and their cash flow are employed as ...
Fairfield fights for its life. (Fairfield Communities) (company profile)
Nov 12, 1990; Walker, Wythe, Jr. ... Fairfield Fights For Its Life Thirty-four years after he helped launch the original Fairfield Communities partnership, Randy Warner's life is hog-tied by lawyers, litigation and bankruptcy. "My lawyers won't let me say anything," says Warner, 61, CEO of the company ...
Need to fill a loan order? Better head for the border. (Texas Commerce Bank of Dallas; Bank of Detroit; Dallas, Texas; Detroit, Michigan)
Nov 12, 1990; Ford, Kelly ... Need To Fill A Loan Order? Better Head For The Border All Randy Mourot needed was a measly $5 million loan. He was trying to buy the family business from his mother-in-law. The problem was that while the company was self-financing and doing quite well, thank you, it did not have ...
Collecting more than controversy; interim collector cleans up office, streamlines $135-million haul. (Buell James, temporary tax collector for Pulaski County, Arkansas)
Nov 12, 1990; Rengers, Carrie ... Collecting More Than Controversy When Buell James took over as the temporary tax collector for Pulaski County last July, his predecessor Ken Taylor had just resigned and morale in the office had hit bottom. Looking back on it, James walked into a taxing situation but he sure ...
Political squeeze: Arkansas farmers losing $115.5 million market to Mid-East war.
Nov 12, 1990; Hunter, Renee ... POLITICAL SQUEEZE The government has directly ruined Iraq's mid-August invasion of Kuwait, and the U.S. trade embargo in response has caught Arkansas farmers in a three-way squeeze, according to the coffee drinkers who hang out in the Mallard Cafe in Stuttgart - rice capital of ...
A driving force in cab business; John Hall Sr., $1.5 million a year keep taxi company running smoothly. (Black and White Cab Company)
Nov 12, 1990; Tyrrell, Michelle ... A Driving Force In Cab Business Although he rarely gets a chance to toot his own horn, taxi operator John Hall Sr. is a man of accomplishment and proud of it. Recently, he took a visitor from room to room in the old building on Little Rock's Asher Avenue that houses his Black and ...
Mobile McCord. (Billy McCord)(Whispers)
Nov 12, 1990 ... Mobile McCord Former bond daddy Billy McCord, who started in car sales prior to his meteoric crash and burn in the bond business, has invested in a new "upscale, late model, very low mileage" used-car business at the Auto Mall on West Markham. The venture, called Gary ...
Lemon-bashing turns a profit. (Auto Critic)
Nov 12, 1990 ... Lemon-Bashing Turns A Profit Let the seller beware: AUTO CRITIC, a mobile inspection service, is helping to make sure that used-car buyers no longer get stuck with "lemons." When a consumer locates what he or she thinks is a terrific deal, AUTO CRITIC travels to the ...
Signed, sealed and guaranteed. (Fiber-Seal, a fabric care system)
Nov 12, 1990 ... Signed, Sealed And Guaranteed Every now and then, a company will put a new twist on an old product, and the result rallies excitement. This is the case with Fiber-Seal, a fabric care system recently franchised in Arkansas by interior designer Rita Johnson. Scotchguard, ...
Contraceptives beat aspirin with voters. (Arkansas)
Nov 19, 1990; Brummett, John ... Contraceptives Beat Aspirin With Voters The temptation is to say that the big winners on election night were condoms in the schools. But I am advised by state Sen. Mike Beebe of Searcy, the Henry Clay of the state legislature, meaning the great compromiser, that such ...
Spanning the software gap. (Whispers)
Nov 19, 1990 ... Spanning The Software Gap Arkansas Systems is closing a deal with a distributor to the United Kingdom and hopes to generate around $1 million in sales during 1991 through the arrangement. The distributor will be selling Arkansas Systems' new product -- CICS/400 -- a ...
Gone but not forgotten. (Whispers)
Nov 19, 1990 ... Gone But Not Forgotten Shortly after the Jr. Food Mart chain filed its recent Chapter 11, we got a call from an Arkansas businessman who says he had agreed to buy the 70-store chain but couldn't close the deal. The chain, owned by an East Arkansas doctor, ...
Pass the cheese dip. (Whispers)
Nov 19, 1990 ... Pass The Cheese Dip Juanita's and the Blue Mesa restaurants, run by Mark Abernathy of Little Rock, recently settled a $30,000 dispute with a vendor and started whispers that the operation was undergoing a refinancing and having trouble paying other vendors. Not so, ...
Battle rages over TV turf. (KARK, Channel 4; KATV Channel 7)
Nov 19, 1990; Rengers, Carrie ... Battle Rages Over TV Turf KATV Channel 7 Ready to Defend Title In Run For Ratings One of the hottest contests in the Nov. 6 election didn't include politics at all -- it was a race for the best and most complete political coverage on television. In the Arkansas ...
A paragon of a deal. (Whispers)
Nov 19, 1990 ... A Paragon Of A Deal A very good friend of our says that Little Rock's Paragon Printing & Stationary is contemplating selling or shutting down. How come? We're not sure. Started years ago by Leo Byrne, his sons, ...
Digging for a diamond. (Little Rock, Arkansas; Project 2000; includes related article)
Nov 19, 1990; Walker, Wythe, Jr. ... Digging For A Diamond Project 2000's Ambitious $100-Million Plan Will Need A One-Cent City Sales Tax For Funding Two weeks ago, the day before developer Jim Moses, attorney Mark Grobmyer and hotel owner Wally Allen would unveil their ambitious Project 2000 to the ...
Ward-Heiskell update. (105-year-old 4,137-SF house owned by the Fred Heiskell family in downtown Little Rock)(RealDeals)
Nov 19, 1990; Waldon, George ... Ward-Heiskell Update The sale of a historic property in downtown Little Rock (first mentioned in "Real Deals" Oct. 15) closed on Friday, Nov. 9 at $250,000. Tom and Jane Lovett are the proud new owners of the 105-year-old Ward-Heiskell House, located on the northwest ...
Ready to move. (RealDeals)
Nov 19, 1990; Waldon, George ... Ready To Move Gene Pfeifer III of Mechanics Lumber Co. fame is ready to move forward with a Planned Commercial Development on 8.87 acres at the southeast corner of Kanis Road and Chenal Parkway. Pfeifer would like to construct a 10,000-SF home and building supply ...
In the hole. (RealDeals)
Nov 19, 1990; Waldon, George ... In The Hole The Arnold Palmer Driving Range and Putting Course is under new ownership following a foreclosure sale of $320,000. The buyer is Golfworld Inc., composed of Proffitt Enterprises Inc. and RCF Corp. The men behind these two corporations are Gene Proffitt of ...
Future bank branch? (RealDeals)
Nov 19, 1990; Waldon, George ... Future Bank Branch? The holding company of the Perry County Bank now owns a piece of Pulaski County following a $130,000 transaction. Perry County Bancshares recently bought 7.42 acres on Hwy. 10 next to the Robinson Elementary School. Is the bank preparing for the ...
Getting a cut of the diamond. (Little Rock, Arkansas; Project 2000)
Nov 19, 1990; Pickett, John C. ... Getting A Cut Of The Diamond Construction Of New Complex Could Generate $174.9 Million In Business, Personal Income Little Rock's plan to build a multi-use complex will bring a number of benefits for the city, but the estimated $100 million cost of the facility will ...
Teacher's pet: a $2.1 billion portfolio makes the grade for 12,000 retired educators in Arkansas. (Arkansas Teacher's Retirement System)
Nov 19, 1990; Waldon, George ... Teacher's Pet A $2.1 billion portfolio makes the grade for 12,000 retired educators in Arkansas A $4.9 million deal received little attention when it closed at Beach Abstract on Nov. 7. Pat Riley Jr. inked a 10-year financial package for The Little Rock Athletic ...
Changing of the guard. (Ron Russell) (interview)
Nov 19, 1990; Ford, Kelly ... Changing of the Guard Talk With State Chamber EVP Ron Russell On The Eve Of His Reign When Ron Russell moved to Fort Smith as president and CEO of that city's chamber in 1988, he thought he would retire there. Now, recently selected to man the State Chamber of ...
Message in a bottle. (company profile)
Nov 19, 1990; Smith, Melody ... Message In A Bottle Good Timing, Product Push Tawanee Past $1.5 Million In Sales While those distinctive green bottles of Perrier were returning to stores following a toxic chemical scare last February, one Arkansas company made a big splash in the local bottled ...
Getting out while they can. (OutTakes)
Nov 19, 1990; Rengers, Carrie ... Getting Out While They Can Cutbacks on advertising expenditures and lack of new accounts are causing layoffs in Little Rock ad agencies and some are even closing their doors. John Roberts and Partners will operate |til Dec. 31 and then that's it. Roberts, the only ...
Mixed messages. (RealDeals)
Nov 19, 1990; Rengers, Carrie ... Mixed Messages The scene at Mangan Rains Ginnaven Holcomb is a bit different than that at the Roberts agency. The firm says it was just a coincidence that it announced Craig Rains' departure the same day news hit of seven layoffs at MRGH. The timing leaves media ...
Dial-a-company. (Whispers)
Nov 19, 1990 ... Dial-A-Company We expect Dial-A-Page, the electronic paging company out of Russelleville, to make an announcement soon. We hear they are about to purchase ...
Making the right move. (A-1 Razorback Moving Co.)(Small Business Consultant)
Nov 19, 1990; Bilek, Dan ... Making The Right Move Capturing Corporate Market Boosts Bottom Line By 30-40 Percent In 1985, after only two years in business, A-1 Razorback Moving Company made a hefty profit of $100,000. However, owner Ken Pruisner decided his company still was not living up to ...
Adding a cent's worth to deal with Diamond. (financing of the proposed Diamond Center sports arena, Little Rock, AR) (column)
Nov 26, 1990; Brummett, John ... Adding A Cent's Worth To Deal With Diamond I thought I would add my one cent's worth about the Diamond Center. That is what it would cost me, a penny on every dollar's purchase, a penny I am paying already because we voted to pay it temporarily for a new county jail. ...
Assuring insurers. (increase in Arkansas Worker's Compensation insurance rates)(Whispers)
Nov 26, 1990 ... Assuring Insurers As if rising health insurance rates are not enough, get ready, businessmen, for an increase in your Worker's Compensation insurance rates. (The two are related, an industry insider points out.) A rate spike of 24.4 percent has been suggested for ...
Realtors moving around. (Loveless Huddleston)(Whispers )
Nov 26, 1990 ... Realtors Moving Around The shakeout in the residential real estate industry continues. We hear the next victim is Loveless Huddleston, the Hillcrest firm that has been around for 14-15 years. Look for desks to be cleaned out by year-end. One-time ...
AP&L's sacred cow gets butchered. (restructuring of Entergy Corp. and its effect on Arkansas Power and Light Co.)(Whispers)
Nov 26, 1990 ... AP&L's Sacred Cow Gets Butchered Stranger things have happened, but as we were going to press last week a middle-aged stranger delivered an anonymous newsletter entitled "The Sacred Cow" to our Whispers mail slot. Apparently written by a disgruntled AP&L employee, the ...
Like a good neighbour. (State Farm Insurance Co.)(Real Deals)
Nov 26, 1990; Waldon, George ... Like A Good Neighbor State Farm Insurance Co. could bring as many as 70 new jobs to town if its plans for a new 14,000-SF claims office in west Little Rock work out. The company, which already has locations on Colonel Glenn Road and in North Little Rock, has its eyes ...
Owner becomes tenant. (Arkansas Health Care Association)(Real Deals)
Nov 26, 1990; Waldon, George ... Owner Becomes Tenant The Arkansas Health Care Association hopes to move into 3,000 SF on the third floor of the National Old Line Building before the year is out. The lobbying/trade association represents the interests of Arkansas' long-term care facilities (a.k.a. nursing homes) ....
Taco Bell bids. (contractors sign deal for remodeling properties of Taco Bell)(Real Deals)
Nov 26, 1990; Waldon, George ... Taco Bell Bids Two general contractors have inked remodeling contracts worth a total of $215,000 with Taco Bell. The two Little Rock properties were former Chiquito's Take-Outs sites. Stovall Construction Co. in Kennedale, Texas, is taking care of the 8108 Geyer ...
Run for the money. (competition between radio stations KSSN 96 and KXIX 103)(OutTakes)
Nov 26, 1990; Rengers, Carrie ... Run For The Money The newest competitor to go head to head with KSSN 96 is literally giving the country station a run for its money. John Rodriguez, general manager at KXIX 103, says, "What you'll see us do with promotions will be as aggressive if not more aggressive" ...
More rooms at the inn. (Ramada Inn, Jonesboro, Arkansas)(Whispers)
Nov 26, 1990 ... More Rooms At The Inn The owners of The Park Hilton in Hot Springs will expand their reach into Jonesboro next month when they assume ownership of the 135-room Ramada Inn. You'll recall the debt-laden Jonesboro hotel defaulted on a $3.5-million note this August and ...
Tuning in to ratings. (Arbitron upgrades ratings system for Arkansas radio stations)
Nov 26, 1990; Rengers, Carrie ... TUNING IN TO RATINGS It's 8:02 a.m. on a hot summer morning and you're late for work. You begin your trek down the Wilbur Mills Freeway and, just as you're speeding up to change lanes, you suddenly realize the cars in front of you are stopping so you slam on your brakes. Is there ...
Emerging leaders for the 1990s. (young business leaders in Central Arkansas)
Nov 26, 1990 ... Emerging Leaders For The 1990s Early this month, a group of Little Rock business leaders - Jim Moses, Wally Allen and Mark Grobmyer, with the help of Mayor Buddy Villines - unveiled the ambitious $100-million Diamond development project that was described as visionary by its ...
Ex-musician makes sound investment. (Richard Thornton's recording studio, Sound Services Inc.) (company profile)
Nov 26, 1990; Briton, JoBeth ... Ex-Musician Makes Sound Investment They can take you up to Paradise - as Carole King testified - or bring you to your knees. Musicians, that suprahuman species, plugged into the Sound of the Universe and grooving on sweet intensity. They may not always balance their checkbooks or ...
Dealers scramble for better position; Warden acquisition reflects change in car market.
Nov 26, 1990; Tyrrell, Michelle ... Dealers Scramble For Better Position In October, yet another automobile franchise quietly changed hands in central Arkansas when Isuzu, a foreign company whose Trooper is one of the most popular four-wheel-drive vehicles on the market, was sold to Warden Motors by Dick Layton ...
Christmas bells (sales) ring. (StockTalk)
Nov 26, 1990; Ford, Kelly ... Christmas Bells (Sales) Ring Now that the post-Thanksgiving race down your Christmas list has begun, Arkansas' retailing giants, Dillard's and Wal-Mart, are on our mind. Christmas is always the best time of year for these stores, but we're wondering how that translates to dollars ....
