LITTLE ROCK, Ark. (Arkansas Business) -- Stocks end last week on a high note.The Dow up on Friday after the government reported that the U.S. trade deficit narrowed sharply in December.
The S&P 500 was also boosted by strong earnings reports and closed at its highest in five years.
That wasn't enough to give the Dow a win for the week, however. It ended down about 17 points -- flat for the full week.
The Nasdaq and S&P, however, logged gains for the full week.
Here in Arkansas, Air Evac Lifeteam of O'Fallon, Mo., says it will open a base this spring on the campus of the Great River Medical Center in Blytheville.
Air Evac will hire between 12 and 15 people, including a registered nurse, paramedic and pilot, to be on call 24 hours a day, seven days a week.
The Air Evac crew will be able to provide medical care on the scene, quick medical transportation and transfers of patients between medical facilities.
The Blytheville base will be Air Evac's 10th base in Arkansas and its 112th base in 15 states.
Also: Two Arkansas universities reporting increases in the number of engineering students.
The University of Arkansas at Little Rock telling Arkansas Business that undergraduate enrollment in its Donaghey College of Engineering & Information Technology jumped about 9 percent between 2011 and 2012 to about 900 students.
The University of Arkansas at Fayetteville also reported a similar increase. Enrollment in engineering majors climbed nearly 11 percent to more than 3,400 students in 2012.
This, as the average salary for engineering graduates rose about 4 percent in 2012, to around $62,000 per year.
And it's big week for some of the state's top leaders.
The University of Arkansas' Walton College of Business will induct four new members to its business hall of fame on Friday.
The inductees are Thomas Boyer, W.C. "Buddy" Coleman Jr., William Cravens and Frank Fletcher Jr.
The four will join 58 other members of the hall, established in 1999 to honor "exceptional business success."
The induction ceremony takes place at the Statehouse Convention Center.
(Source: Arkansas Business)