Wayne Farms, integrated poultry company with a large complex in Danville, withdrew its planned initial public offering that had hoped to raise $250 million. The Oakwood, Ga.,-based company cited unfavorable market conditions that prevented the company from getting the appropriate valuation.
Sam’s Club, the warehouse division of Wal-Mart Stores, announced a daily discount to its members in a program it calls “Shocking Values”. The daily deals on SamsClub.com provide up to 60% off of retail prices on selected brand items.
Ellen Brune, who started a manufacturing company that makes pharmaceutical proteins using a method she helped develop at the University of Arkansas, is one of 18 women in the world who have been selected as finalists for the Cartier Women’s Initiative Awards.
The Walton Arts Center held a ground-breaking ceremony Tuesday (June 23) celebrating the $23 million expansion and renovation of the Fayetteville center. The groundbreaking also kicks off the closing of Walton Arts Center beginning July 1.
There will be another party on the 2016 general election ballot, according to information from the Secretary of State’s office Tuesday. The Libertarian Party of Arkansas met the signature requirement for a new party in the state, Secretary of State spokesman Chris Powell said.
Retail giant Wal-Mart Stores Inc. is among a growing number of retailers that said they will remove Confederate flag merchandise from stores and its e-commerce sites in the wake of last week’s shooting rampage in South Carolina.
A bonus purchase of dark meat chicken recently announced by the U.S. Department of Agriculture is expected to lift the share prices of Tyson Foods Inc., and its poultry competitor Pilgrim’s Pride, according to Farha Aslam, food analyst with Stephens Inc.
The Arkansas Department of Workforce Services will receive $6.362 million from the U.S. Department of Labor to support Arkansas’ efforts to improve reemployment services and to develop innovative job-training programs.
Madison Martinez, a student at the University of Arkansas, and Lauren Smith, a student at Van Buren High School, will receive a scholarship offered by Gerdau. They are two of only 15 students to receive the scholarship, which is open to the children of Gerdau employees in North America.
The Arkansas Regional Innovation Hub and Startup Junkie Consulting announced Wednesday that they have entered into a collaborative partnership to work with early-stage startup business ventures across the state.
The College of Education and Health Professions at the University of Arkansas is creating an endowed dean’s chair thanks to a gift of $1.5 million from Palmer and Marie Hotz of Foster City, Calif., and a $2 million grant from the Walton Family Foundation.