Arkansas Business: All stocks stayed up Tuesday

LITTLE ROCK, Ark. (Arkansas Business) -- The S&P 500 gets its fourth gain in row on Tuesday. Investors boosting stocks after being encouraged by a report showing orders for big-ticket items unexpectedly up last month.

Those orders for long-lasting goods were driven by a surge in demand for military aircraft.

The Commerce Department said orders for durable goods rose 0.8 percent in April. Economists had predicted that orders would decline.

And shares of Hillshire Brands, the maker of Jimmy Dean breakfast sausage, jumped 22 percent after poultry producer Pilgrim's Pride offered to acquire the company in deal worth more than $6 billion.

Orthodontist fights to change state law

A Fort Smith orthodontist is taking his fight to change state law to court.

Dr. Ben Burris on Tuesday filing a lawsuit against the Arkansas Board of Dental Examiners, attempting to change state law so that the other dental specialists can provide teeth cleaning and other services.

Right now, state law prohibits specialists like orthodontists from offering such services. Burris was summoned before the board last year after he began offering low-cost teeth cleanings.

He stopped after the board threatened to revoke his license. Burris says the dental industry is in need of innovation.

Dentists have said specialists who enjoy high margins on their services could unfairly afford to undercut their business.

LR company lands high profile national client

A Little Rock company landed a high-profile national client for a key marketing campaign.

Mobile messaging company Sumotext has struck a deal with Starbucks, the Seattle-based coffee giant.

CEO Tim Miller confirmed the deal to Arkansas Business, saying his firm licensed its mobile customer relationship management platform to Starbucks for its new frappuccino campaign.

Sumotext's technology allows Starbucks customers to text a code to Starbucks to qualify for products under the promotion.

Miller wouldn't disclose terms of the deal. But the 7-year-old firm has dealt with national clients before including Humana, Southwest Airlines, EA Sports, Firehouse Subs and L'Oreal.


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