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John Magsam

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Northwest Business Reporter
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Arkansas-based J.B. Hunt sees profit jump 55%; while 2Q results top forecasts, trucker notes higher costs

J.B. Hunt Transport Services Inc. handily beat analysts' estimates for profit and revenue for the second quarter, but the company said factors such as increased rail costs and higher driver wages were a drag on the strong earnings results.

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Boar no bore: 2-ton metal pig to point out path to Northwest Arkansas firm

When it came time for Hogeye Inc. to put up a sign, the company's owner decided to go in a slightly different direction.

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Walmart cutting Brazil interest

Deal gives retailer 20% stake, Advent equity keeps rest

Walmart Stores Inc. is selling its majority share of Walmart Brazil as the company continues to shift its retail stance abroad.

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Arkansas craft brewery starts record label

Bike Rack Brewing’s first album to feature 10 local artists

Bike Rack Brewing Company is starting a record label, a move the brewers say not only helps local artists but reinforces the beer company's brand.

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Walmart offering college as a perk

Retailer to help workers pay for school

Walmart Inc. is offering a new benefit for its U.S. employees, giving them the opportunity to earn college degrees from three universities in hopes the perk will help the retailer attract and retain workers.

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Shares up 15% for Arkansas-based America's Car-Mart

America's Car-Mart's fourth-quarter profit and revenue handily beat analysts estimates and Wall Street responded favorably, sending shares up nearly 15 percent in trading Tuesday.

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P.A.M.'s net income $1.39M; profit slips, but trucker posts revenue of $119.5M, up 9%

P.A.M. Transportation Services Inc. booked net income of $1.39 million for its first quarter, down from $2.28 million for the same quarter a year ago, primarily because of winter weather and a wage increase for drivers, the company reported Monday.

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UA professors aid medical field

Engineers develop devices for realistic training, testing

Vivas LLC, a company founded by a group of University of Arkansas engineering professors, has developed and is marketing realistic training and testing devices for the medical field.

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Walmart CEO's total pay down 22% to $18.3M

Executive compensation packages for Walmart's top executives showed a general decline, and the company detailed further its changes for its annual shareholders meeting as part of its annual proxy statement filed Friday with the U.S. Securities and Exchange Commission.

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Arkansas beer-maker moving brewery gear

FAYETTEVILLE -- Fossil Cove Brewing Co. is leasing space just around the corner from its taproom and brewery and plans to use the new location to produce more beer by early summer.

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