Arkansas Business: Investors hoping for stocks to stay up

LITTLE ROCK, Ark. (Arkansas Business) -- Investors hoping to maintain upward trajectory today after the S&P 500 closed above 19-hundred for the first time on Friday. So far, that index is up nearly 3 percent on the year.

The Dow and Nasdaq just barely ahead of last year's numbers. Looking to this week, earnings season continues.

We'll hear from firms including auto parts retailer AutoZone that company to report this morning before the market opens.

Maverick USA Inc. of LR to unveil expansion

Trucking firm Maverick USA Inc. of Little Rock is planning to unveil a new $4 million expansion of its training center on June 18.

Steve Williams telling Arkansas Business that his new facility will have an additional 13,000 SF of space, four classrooms and a handful of bays where prospective drivers can get hands-on experience with load security, something more important in flatbed deliveries.

The move comes as the entire trucking industry continues to deal with a shortage of qualified drivers. Williams said he could easily use 500 more drivers right now.

This, after the firm hired more than 900 last year. Maverick USA reported 2013 revenue of $315 million, an increase of nearly 10 percent from 2012, making it the second-largest private transportation company in Arkansas.

Best Western Gov. Inn to get a new look

The west Best Western Governor's Inn at 1501 Merrill Drive is set to get a new look and a new brand.

The hotel is set to be renamed the The Burgundy Hotel. It will feature a design and look that aims for the tradition of a European boutique hotel.

Heather Owens of Georgia James Creative is the project's interior designer. The transformation is expected to be complete by the first week of July.

The hotel is owned by Southern Lodging LLC.


To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment