Arkansas Business back issues from May 1991:
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Cram down talk. (Capitol Avenue Development Co. delinquent on loan with Teahcers Retirement System of Texas)
May 06, 1991 ... Cram Down Talk The TCBY Tower has resurfaced in business news of late, what with Capitol Avenue Development Co. delinquent on its $65 million loan with Teachers Retirement System of Texas. What has gone unanswered is why the limited partnership is in arrears. ...
Paying the price. (stock price tumble over $1.25 million bonus for Worthen Banking Corp' chief executive officer Cirt Bradbury)
May 06, 1991 ... Paying The Price When the news broke last week that Worthen Banking Corp. CEO Curt Bradbury would receive a $1.25 million bonus over the next five years, Worthen's stock price took a little tumble of 37 cents in the morning. The stock dropped when some shareholder let ...
A milestone at Metropolitan. (Hal Matthews resigns from Metropolitan Trust Co.)
May 06, 1991 ... A Milestone At Metropolitan The largest privately held land empire in North Little Rock -- Justin Matthews' legacy -- reached another milestone last month: Metropolitan Trust Co. no longer has a Matthews heir at its head. In April, Hal Matthews, the last member of the ...
College Financial Aid Services. (New Businesses)
May 06, 1991; Kreth, Ellen ... College Financial Aid Services Owners: Michael E. and Kim McGeorge Address: 10 Vantage Point, Maumelle, 851-7004 Start-up Date: April 1 Michael and Kim McGeorge offer a computer service that helps high school seniors and would-be college students obtain financial aid. ...
Independent Music Service. (New Businesses)
May 06, 1991; Kreth, Ellen ... Independent Music Service Owner: Phillip Duerr Address: 617 Spring St., Little Rock, 374-8206 Start-up Date: April Phillip Duerr recently bought the repair section of Bean Music Co. He offers repair and restoration services for all band and orchestra instruments. Duerr ...
ISTA Inc. (New Businesses)
May 06, 1991; Kreth, Ellen ... ISTA Inc. Owners: Larry McMurry and Bill Ingram Address: 1 Innwood Circle, Little Rock, 228-2200 Start-up Date: March Insurance Specialty Training of Arkansas provides insurance pre-licensing education. All insurance agents are required by law to pass a 36-hour training ...
Judkins Appraisal Service. (New Businesses)
May 06, 1991; Kreth, Ellen ... Judkins Appraisal Service Owner: Richard A. Judkins Address: 7219 Fairways Drive, Little Rock, 568-4846 Start-up Date: April Richard Judkins has been in the real estate appraisal business for 23 years, but he only recently officially started his own appraisal service. ...
Little Rock Rental Co. (New Businesses)
May 06, 1991; Kreth, Ellen ... Little Rock Rental Co. Owner: Lee Holmes Address: 7325 Kanis Road, Little Rock, 666-3600 Start-up Date: March 1 Opened March 1, Little Rock Rental Co. rents new equipment to homeowners and contractors. Lee Holmes, owner of the new business located across the street ...
Rudley's Janitorial Service. (New Businesses)
May 06, 1991; Kreth, Ellen ... Rudley's Janitorial Service Owners: Loretta Rudley, Shretta Smith Address: 1856 Park, Little Rock, 568-4868 Start-up Date: March Loretta Rudley hopes her 23 years of janitorial experience will attract a lot of customers to her new commercial janitorial service. ...
Ode to an entrepreneur. (James Keet II)(includes related article on James Keet's biographical profile)
May 06, 1991; Walson, George ... ODE TO AN ENTREPRENEUR What Will Future Stanzas Say About James Keet III, Millionaire, Politician, Civic Volunteer And Nice Guy? James Keet III could've retired five years ago at the ripe, old age of 37 and provided a comfortable lifestyle for his family beneath a ...
A building battle. (Associated Builders and Contractors of Arkansas; Associated General Contractors of Arkansas)(includes related article)
May 06, 1991; Neslon, Rex ... A BUILDING BATTLE ABC And AGC Are On Opposite Sides Of Key Construction Industry Issues: Which Will Wield More Power In The 1990s? A Kinco Inc. truck races down Chenal Parkway. On its rear window is a large sticker. The sticker is red, white and blue. It reads, ...
Stuffed chickens. (tumble in stocks of Tyson Foods Inc.)
May 06, 1991 ... Stuffed Chickens Did you notice the surprising headlines recently that Tyson Foods Inc.'s quarterly revenues were flat for the quarter ended March 31? Flat for the six month period ended March 31? And annual sales growth predictions for 1991 are only a 4 percent increase over ...
A wanted man. (Howard Brooks)(includes related article on Howard Brook's creditors)
May 06, 1991; Rengers, Carrie ... A WANTED MAN Howard Brooks' Hot Checks, Debts May Stop A Second L'Auberge Restaurant Howard Brooks, former manager of L'Auberge Restaurant and Bakery in the English Village, hopes to learn this week whether he can open a new L'Auberge in the former Buster's West ...
Acxiom Corp. (Public Company Corporate Reports)
May 06, 1991 ... ACXIOM CORP. Reports Third Quarter Results CONWAY, AR, Dec. 31, 1991 -- Consolidated revenue for the third quarter ended December 31, 190, was $25.8 million compared to $24 million for the third quarter ended December 31, 1989, a 7 percent increase. Net income for ...
Arkansas Freightways Corp. (Public Company Corporate Reports)
May 06, 1991 ... ARKANSAS FREIGHTWAYS CORP. Announces First Quarter Results HARRISON, AR, April 18, 1991 -- Arkansas Freightways Corp. (NASDAQ NMS:AFWY) announced today that operating revenues for the quarter ended March 31, 1991 were $39,107,000, up 25.7 percent, compared to ...
Arkla Exploration. (Public Company Corporate Reports )
May 06, 1991 ... ARKLA EXPLORATION Announces Year End Results SHREVEPORT, LA, Dec. 31, 1990. -- Operating revenues in 1990 increased to $160.1 million, an 11 percent increase from operating revenues of $143.9 million in 1989. A significant portion of the increase was attributable to ...
Arkla, Inc. (Public Company Corporate Reports)
May 06, 1991 ... ARKLA, INC. Announces Year End Results LITTLE ROCK, AR, Year End 1990 -- Even after adjusting 1989 earnings for that year's write-down, operating income in 1990 was up 28 percent to $317.3 million. Total throughput in 1990 was 1.2 trillion cubic feet, about 6 ...
Cannon Express. (Public Company Corporate Reports)
May 06, 1991 ... CANNON EXPRESS Announces Third Quarter Results SPRINGDALE, AR, April 23, 1991 -- Cannon Express (NASDAQ CANX) today announced the results of its 3rd fiscal quarter and nine months of 1991 ended March 31, 1991. * Third quarter revenues, $6,799,554 vs. $4,920,547, up ...
Dillard Dept. Stores Inc. (Public Company Corporate Reports)
May 06, 1991 ... DILLARD DEPT. STORES INC. Announces Year End Results LITTLE ROCK, AR, Feb. 2, 1991 -- Sales for the year ending February 2, 1991 were $3,605,518,000, an increase of 18.3 percent over the preceding year's sales of $3,049,062,000. Net income for the year was ...
First Commercial Corp. (Public Company Corporate Reports)
May 06, 1991 ... FIRST COMMERCIAL CORP. Announces First Quarter Results LITTLE ROCK, April 16, 1991 -- Barnett Grace, Chairman and Chief Executive Officer of First Commercial Corp., announced today that, among a number of significant developments during the first quarter of 1991, ...
First United Bancshares Inc. (Public Company Corporate Reports)
May 06, 1991 ... FIRST UNITED BANCSHARES INC. Reports Year End Results EL DORADO, Year end 1990 -- It is our pleasure to report to you that in 1990, our tenth year of operation, record results were achieved in many areas of operation. Our net income was $7.4 million, a ...
Beverly Enterprises. (Public Company Corporate Reports)
May 06, 1991 ... BEVERLY ENTERPRISES Announces First Quarter Results FORT SMITH, April 22, 1991 -- For the three months ended March 31, 1991, revenues were $546 million compared to $501 million reported for the first quarter of 1990. Pre-tax income for the first quarter of 1991 was ...
Simmons First National Corp. (Public Company Corporate Reports)
May 06, 1991 ... SIMMONS FIRST NATIONAL CORP. Announces First Quarter Earnings PINE BLUFF, AR, April 30, 1991 -- Simmons First National Corp. announced first quarter earnings of $890,000 an increase of $53,000 or 6.4 percent, over the same period for 1990. Earnings per share for the ...
Hudson Foods, Inc. (Public Company Corporate Reports )
May 06, 1991 ... HUDSON FOODS, INC. Announces Second Quarter Results ROGERS, April 22, 1991 -- Net income for the second quarter was .5 million or 4 cents, in primary earnings, per share. This compares with last year's second quarter net income of $2.1 million or 15 cents per share ....
Murphy Oil Corp. (Public Company Corporate Reports)
May 06, 1991 ... MURPHY OIL CORP. Reports Year End Results EL DORADO, AR, Year End 1990 -- Net income for 1990 was $114 million, $3.36 a share, compared to $47 million, $1.37 a share, earned in 1989. This is the best overall result since 1983. Unusual gains of $61 million were ...
TCBY Enterprises Inc. (Public Company Corporate Reports)
May 06, 1991 ... TCBY ENTERPRISES INC. Reports First Quarter Results LITTLE ROCK, February 28, 1991 -- Sales for the first quarter of fiscal 1991 decreased 18 percent from sales for the first quarter of fiscal 1990. Company sales consist of (i) sales of frozen yogurt and other ...
Worthen Banking Corp. (Public Company Corporate Reports)
May 06, 1991 ... WORTHEN BANKING CORP. Earns $5.6 Million In First Quarter LITTLE ROCK, AR, April 23, 1991 -- Worthen Banking Corp. (AMEX:WOR) recorded net income of $5,604,000 or 51 cents per share in the first quarter of 1991, which represents a 36.8 percent increase over the net ...
Lay-off on the horizon? (Arkansas Aerospace)
May 06, 1991 ... Lay-Offs On The Horizon? Our airport ears are filled with talk that Arkansas Modification, now Arkansas Aerospace, will begin laying off employees in the near future. But others says it is nothing more than the temporary employees involved in building a new hangar. ...
A few more minutes with fame. (Biotechnical Services Inc. lands contract with the National Institute of Environmental Health Sciences)
May 06, 1991 ... A Few More Minutes Of Fame Isn't it nice to be noticed for doing something right? That's probably what Judith McDowall, owner of Biotechnical Services Inc. in North Little Rock, thought last month when her technical writing firm was written up in the March issue of ...
Alltel Corp. (Public Company Corporate Reports)
May 06, 1991 ... ALLTEL CORP. Announces First Quarter Earnings LITTLE ROCK, AR, April 17, 1991 -- Alltel Corp. announced today its financial results for the quarter ending March 31, 1991. First quarter earnings were 58 cents per share, up 5 percent from 55 cents a year ...
Changing directions. (ERC Properties Inc. gets out of single family housing market)
May 13, 1991 ... Changing Directions Fort Smith-based ERC Properties, Inc., one of the largest single family home builders in the Southwest, is getting out of the single family housing market. The decision was made May 3. President Rod Coleman says the volatility of interest rates and ...
Little world HQs in LR. (Aluminum Company of America houses one division in First Little Rock Plaza Building)
May 13, 1991 ... Little World HQs In LR With little fanfare and a touch of irony, Little Rock recently became home to the world headquarters for part of a major U.S. company. The Aluminum ...
Money in the vault. (First Bank Corp. acquires National Bank of Sallisaw)
May 13, 1991 ... Money In The Vault A couple of Arkansas bank holding companies made shopping trips in Oklahoma earlier this year, but some of the details (like purchase prices) weren't disclosed. Here are some more particulars. First Bank Corp. in Fort Smith will pay $9.4 ...
More money. (Arvest Bank Group acquires Village South National Bank)
May 13, 1991 ... More Money In the other bank buy, Arvest Bank Group acquired Village South National Bank in Tulsa for $1.98 million in cash. Arvest, as all Wal-Mart watchers know, is owned by the family of billionaire retailer Sam Walton. The deal, involving 175,200 shares (about ...
Record changes. (Daily Record changes publication format)
May 13, 1991; Rengers, Carrie ... Record Changes The Daily Record Makes Format, Content Changes Hoping To Boost Circulation The Daily Record is not a publication that has gripping cover photos or startling headlines. What is does have are: Lists and lists of court proceedings. ...
Cash crunch, divorce court and heart surgery. (Melvyn Bell of Environmental Systems Corp.)
May 13, 1991; Waldon, George ... CASH CRUNCH, DIVORCE COURT AND HEART SURGERY Melvyn Bell Emerges From A Triple Threat To Fight For His Fiscal And Physical Health A familiar face on the Arkansas business scene checked into St. Vincent Infirmary Medical Center under an assumed name to avoid the ...
Building bonds. (State of Arkansas College Savings Bond program)
May 13, 1991; Ford, Kelly ... Building Bonds Up To $300 Million In Construction Bonds For Arkansas Colleges Are On Their Way Banks and brokers began selling an authorized $22.5 million worth of State of Arkansas College Savings Bonds on March 13. By noon on March 15, orders were cut ...
Wounded workers' comp. (Arkansas' compensation insurance includes related article)
May 13, 1991; Griffee, Carol ... WOUNDED WORKERS' COMP Arkansas' Ailing 50-Year-Old Workers' Comp System Is Among The Worst in America Shortly before House Speaker John Lipton left the oil distributor business in the mid-1980s, his company's workers' compensation insurance premium shot from $12,000 ...
Real estate profiles. (company profile)
May 13, 1991; Gibson, Carolyn ... REAL ESTATE PROFILES COCHRAN & DAVIS INVESTMENT REALTY 3208 Asher Ave. Little Rock More Work Means More Rewards Cochran & Davis Investment Realty sells houses that nobody wants to clients whom most Realtors don't want to bother with. "A lot of ...
Dueling stockbrokers. (5 Arkansas stockbrokers: Alex Lieblong, Daniel Barnett, Barry McDaniel, Kelly Ford, & Elizabeth Adams)
May 13, 1991; Ford, Kelly ... DUELING STOCKBROKERS Lieblong and Barnett are on a leader's seesaw. As the two continue to battle it out for bragging rights (actually either could brag with the kind of returns they are showing) the market essentially has stayed flat. In mid-February, the market was ...
Changing positions. (Jery Campbell, CEO, transfers)
May 13, 1991; Kreth, Ellen ... Changing Positions Jerry Campbell is resigning as CEO of Helena Regional Medical Center effective June 1. He has accepted a position as CEO at the University of Miami Hospital and Clinic, which has more than 450 physicians with privileges at the hospital. It also ...
Hot off the grill. (Rally's Inc. to acquire Maxie's of America Inc.)
May 20, 1991 ... Hot Off The Grill "America's fastest growing hamburger chain" is trying to gain additional marketshare through an acquisition with Arkansas connections. Rally's Inc. of Louisville, Ky., recently signed a letter of intent to buy Maxie's of America Inc. of Tallahassee, ...
J.B. on the rocks? (J.B. Hunt Transport Services Inc.'s rising operating costs' ratio)
May 20, 1991; Ford, Kelly ... J.B. On The Rocks? Operating Ratio Continues Eight-Year Negative Trend, Cutting Into Net Earnings For Carrier A mention in The New York Times. The front page of The Wall Street Journal. The cover of Arkansas Inc. That's a lot of recent press ...
On the move. (Paragon Printing and Stationery Co. considers relocating)
May 20, 1991 ... On The Move Paragon Printing and Stationery Co. may soon be printing company business cards with a new location. Andy Gilbert, a co-owner of the business, says even though no definite ...
Recession takes toll? (Southland Building Products restructuring)
May 20, 1991 ... Recession Takes Toll? Cocktail talk says that Southland Building Products will soon close, but it's probably just fall out from a recent restructuring. The company has nine employees and just announced some management changes. Lynch "has taken early retirement and ...
Repo man. (John Allison of Capital Buyers Inc.)(includes related articles) (company profile)
May 20, 1991; Waldon, George ... REPO MAN John Allison Adds To His Mobile Home Millions By Bargain Hunting Assets From Failed Thrifts Capital Buyers Inc. in Conway will soon close on a $400,000 mobile home loan portfolio, another successful bid on assets from a failed savings and loan. ...
Shaking up the senate. (Senators John Pagan's and Vic Snyder's controversial stance)
May 20, 1991; Nelson, Rex ... SHAKING UP THE SENATE John Pagan And Vic Snyder Made Waves At The Capitol in 1991; Will The Voters Return Them In 1992? A year ago this month, Democratic primary results shocked central Arkansas political observers. In Senate District 22, a law professor named John Pagan ...
Little Rock builders dominate market for larger, more expensive homes. (house construction in Little Rock, Arkansas)
May 20, 1991; Gibson, Carolyn ... Little Rock Builders Dominate Market For Larger, More Expensive Homes Which company builds the most homes in Little Rock? Which company builds the most expensive homes in Little Rock? Our list this week takes a look at both of those questions. Of the five builders doing ...
Owner satisfaction custom for Little Rock builder. (Roy D. Rainey & Co.) (company profile)
May 20, 1991 ... Owner Satisfaction Custom For Little Rock Builder The Roy D. Rainey & Co. has built more than 2,000 homes, mostly in Pulaski County, since the company was founded in 1965. About 75 percent of those were custom built, and that's the way Roy Rainey Sr., owner of the firm, likes it. ...
Builder has it made in the shade. (Alvin Eanes of Shady Valley, North Little Rock, Arkansas)
May 20, 1991 ... Builder Has It Made In The Shade In North Little Rock, an address in Shady Valley is synonymous with success. It is, or has been, home to the families of Larry Wallace, Ed Penick, Mike Moore, Frank Fletcher and Bob Russell. Shady Valley has been called the Pleasant Valley of North ...
Corporate retreating. (amenities of Tanyard Springs Resort geared to corporate retreat business)
May 20, 1991; Ford, Kelly ... Corporate Retreating Tanyard Springs Plans $9-Million Expansion To Accommodate Businesses Three years ago, area newspapers ran stories about a soon-to-happen expansion at the award-winning Tanyard Springs Resort on Petit Jean Mountain near Morrilton. But not even a ...
Matter of national security? (TCBY Tower owners are behind in payments to the Texas Teachers Retirement System)
May 20, 1991 ... Matter Of National Security? The TCBY Tower has drawn a flurry of local media attention because its owners are behind in payments on a $65 million mortgage held by the Texas Teachers Retirement System. Business reporters are frustrated because they can't get access to ...
Bridal Shows International Inc. (New Businesses)
May 20, 1991; Kreth, Ellen ... Bridal Shows International Inc. Owner: Johana Courtney Address: 8712 Highway 107, Sherwood, 835-3990 Start-up Date: March Johana Courtney travels the nation displaying an enormous selection of evening gowns in her own shows. The shows usually are held in ...
Linn's Auto Glass. (New Businesses)
May 20, 1991; Harper, Kim ... Linn's Auto Glass Owner: Bob Linn Address: 5925 S. University Ave., Little Rock, 329-3441 Start-up Date: April 1 Bob Linn has opened his second auto glass service. The original Linn's Auto Glass is located in Conway and has been in business for 26 years. ...
On the Spot Creations. (New Businesses)
May 20, 1991; Kreth, Ellen ... On The Spot Creations Owner: Ruthie May Phone: 490-1840 Start-up Date: May On The Spot Creations produces radio and television campaigns. Ruthie May says she feels she offers a better deal than most large ad agencies because she is self-contained -- all copy ...
Signs Now. (New Businesses)
May 20, 1991; Kreth, Ellen ... Signs Now Owner: George Freeman Address: 6801-A W. 12th St., Little Rock, 661-0505 Start-up Date: March 15 A franchise out of Mobile, Ala., Signs Now opened a month ago in Little Rock. Within 24 hours, the company can make vinyl signs for retail, wholesale and "anybody ...
Sonshine Enterprises. (New Businesses)
May 20, 1991; Kreth, Ellen ... Sonshine Enterprises Owners: Ted Janson and Jeff Kirby Address: 2 Blue Mountain Drive, Maumelle, 851-6121 Start-up Date: May Sonshine Enterprises distributes vending machines. These ...
Subway Sandwich Shop. (New Businesses)
May 20, 1991; Kreth, Ellen ... Subway Sandwich Shop Owner: Scott Proctor Address: 8912 Stagecoach Road, Little Rock, 455-3383 Start-up Date: March 8 Scott Proctor is adding to the number of Subway Sandwich stores in Little Rock. Proctor opened his first Subway shop, located in Otter Creek, two weeks ...
An apple a day. (Melvyn Bell buys out his partners in Red Apple Enterprises Ltd.)
May 27, 1991 ... An Apple A Day Back in 1989, we whispered about Melvyn Bell buying the Red Apple Inn on Greers Ferry Lake. Bell denied reports that he had purchased the resort. An interested party called us to set the record straight once and for all. Bell did buy out the ...
Getting rich off the Democrat. (Robert Lee Jackson was arrested for making money off the Arkanasas Democrat newspaper)
May 27, 1991 ... Getting Rich Off The Democrat Robert Lee Jackson, who was apartment sales manager in the circulation department at the Arkansas Democrat, was making big bucks off the newspaper. But his time ran out. Jackson was arrested Jan. 8 for theft of property and ...
Texas money. (Dallas businessmen may buy CMW Inc.)
May 27, 1991 ... Texas Money We are told that two or three Dallas businessmen are buying CMW Inc. at Clarksville. CMW was owned by Advanced Manufacturing Systems Inc. of Houston. The longtime Clarksville concern has seen better days. Insiders were surprised when it came back after a ...
Burning questions. (Arkansas hospitals use of medical waste incinerators)
May 27, 1991; Kreth, Ellen ... Burning Questions Arkansas Hospitals Soon To Have Option Of Using Commercial Medical Waste Incinerator A burning issue is facing area hospitals and the Little Rock Board of Directors. Early next month, the board is to decide whether to issue $5.5 million ...
Good guy bankers. (banks promote community programs to meet their credit needs in compliance with the Community Reinvestment Act of 1977)(includes related article)
May 27, 1991; Ford, Kelly ... Good Guy Bankers The Community Reinvestment Act Cuts Some Teeth As Bankers Are Nudged To "Do Good" When the federal government put teeth into the Community Reinvestment Act, local banks had to get busy. "Banks got serious because regulators got serious," ...
Conflicting accounts. (Cranford Johnson Robinson Woods advertising agency denies conflict-of-interest accusations)
May 27, 1991; Rengers, Carrie ... Conflicting Accounts Bids For Two City Accounts Spark Conflict-Of-Interest Accusations In CJRW's $11-Million Tourism Business June 10-11 could prove to be lucrative -- and potentially costly -- days for the Little Rock advertising agency Cranford Johnson Robinson Woods. ...
The new Bill Clinton. (governor of Arkansas' attitudes and plans for 1993)(includes related article)
May 27, 1991; Nelson, Rex ... The New Bill Clinton With A Presidential Race In His Future, Arkansas' Governor Strikes A Moderate Chord These are, in some respects, the political salad days for Gov. Bill Clinton. On the national level, he can go through the motions of running for ...
