Roby Brock

Content Contributor

Roby Brock of TalkBusiness.net covers business and political news happening in Arkansas.

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Local & Regional News
4:49 pm
Thu August 15, 2013

Wal-Mart Warns Of Challenging Retail Environment, Reduces Forecast

Sales grew and so did profits, but Bentonville-based Wal-Mart had a rocky quarter as same-store sales struggled and the retail giant warned of a challenging environment.

The company posted total quarterly revenues of $116.95 billion compared to $114.28 billion one year ago. Net income rose to $4.07 billion, or $1.24 per diluted share, versus $4.02 billion, or $1.18 per diluted share, in last year’s comparable period. Wall Street estimates were looking for Wal-Mart to record $1.25 per diluted share.

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Local & Regional News
6:00 pm
Tue August 6, 2013

Cotton Makes It Official: He's A Candidate For Senate

Rep. Tom Cotton making his announcement Tuesday evening in Dardanelle.
Credit Roby Brock/ Talk Business Arkansas

After months of speculation and with great fanfare, Rep. Tom Cotton (R) threw his hat in the 2014 U.S. Senate race, challenging incumbent Democrat Sen. Mark Pryor (D), whom he labeled a follower of President Obama and the Washington elite.

Cotton, Arkansas’ first-term Fourth District Congressman, made his announcement in his hometown to a crowd of hundreds of supporters in Dardanelle (Yell County) at a community barbecue dinner.

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Local & Regional News
11:28 am
Mon July 29, 2013

Exxon Mobil Pipeline President Responds To Central Arkansas Concerns

A July 26, 2013 letter sent to Arkansas elected officials and representatives of Central Arkansas Water from Exxon Mobil Pipeline Co. president Gary Pruessing suggests a commitment to more dialogue, but not to quick action as the pipeline company and local leaders exchange concerns in the aftermath of the Mayflower oil spill.

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Local & Regional News
7:27 pm
Thu July 25, 2013

Arkansas Times To Begin Charging For Online Content

The Arkansas Times announced Thursday it will begin charging for access to the digital offerings on its web site.

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Local & Regional News
5:40 pm
Tue July 16, 2013

Fidelity National Information Services To Add 150-200 Jobs In Little Rock

Fidelity National Information Services appears poised to add 150 new jobs and invest $3 million at its campus in west Little Rock.

Talk Business Arkansas reports a resolution on the city of Little Rock board of directors agenda indicates that Jacksonville, Fla.-based Fidelity will seek to utilize the state’s Arkansas Tax Back program for a partial sales tax rebate on new technology equipment, HVAC, office equipment and work stations.

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Local & Regional News
2:42 pm
Tue July 16, 2013

Baptist Health System Laying Off 170 As Hospitals Cope With Medicare Cuts

Credit baptist-health.com

Little Rock-based Baptist Health System says it will lay off 170 workers across its statewide health care network and one industry leader says more hospitals could follow suit.

Baptist Health has hospitals, clinics and medical facilities throughout Arkansas. The health care organization is one of the state’s largest private employers with more than 7,300 workers.

In a statement provided to members of the media, Mark Lowman, Vice President, Strategic Development at Baptist Health said:

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Local & Regional News
3:36 pm
Mon July 8, 2013

Hewlett-Packard Laying Off About 500 In Conway

Hewlett-Packard is laying off about 500 workers in Conway as it streamlines its operations at its three-year old $28 million customer support facility and abroad.

The Palo Alto, Calif.-based computer firm opened its Conway service center in 2010 amid tremendous fanfare.

The company told employees in its customer loyalty center on Monday afternoon that it would provide severance packages to nearly 500 workers and help with finding employment for those displaced.

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Local & Regional News
4:17 pm
Fri July 5, 2013

Metropolitan National Bank To Be Acquired, Recapitalized

Metropolitan National Bank is expected to be acquired by a limited liability company tied to Dallas billionaire banker, Gerald L. Ford.

According to Metropolitan’s CEO Lunsford Bridges, the privately-held Little Rock bank will change ownership after a Chapter 11 bankruptcy proceeding of its current shareholder group, Rogers Bancshares. Rogers Bancshares was the holding company for the bank under the leadership of businessman Doyle Rogers, who died in February at the age of 94.

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Local & Regional News
11:19 am
Mon July 1, 2013

For John Allison And Home Bancshares, Fifth Time’s The Charm

Home Bancshares chairman John Allison speaking with Roby Brock.
Credit Talk Business Arkansas

Tenacity and perseverance are two traits that successful entrepreneurs usually have in spades. Home Bancshares chairman John Allison certainly does and his bank’s acquisition last week of Jonesboro-based Liberty Bancshares for $280 million proves the point.

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Local & Regional News
1:06 pm
Fri June 28, 2013

Nordex To Shutter Jonesboro Wind Turbine Plant

Nordex USA says it is shuttering its Jonesboro production facility that once promised to employ 750 workers.

The plant, which manufactured “nacelles” for large wind turbines said it will complete the orders in its pipeline and then shut the $40 million factory down. Nacelles house the engine and other key turbine components and sit high atop a wind turbine tower.

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