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USA Truck posts $9.1 million loss in 2013

USA Truck recorded a fourth-quarter loss of $4.6 million, including one-time charges of $1.5 million related to a hostile takeover bid, on revenue of $141.4 million. One year ago, USA Truck posted a $3.2 million loss on revenue of $134.7 million. For the full year, USA Truck saw its net loss shrink to $9.1 million from $17.6 million in 2012 on growing revenues of $555 million, up from $512.4 million one year ago.

Four join state Business Hall of Fame

The University of Arkansas Walton College of Business inducted four new members in the state’s Business Hall of Fame. This year’s inductees include advertising executive James Faulkner, international businessman Thomas F. “Mack” McLarty, farmer Stanley Reed and poultry magnate Mark Simmons.

Oudin businesses to move to new complex

The Oudin business headquarters will be relocating around April 15 from its current site at 2720 W. 28th Ave. to a new multi-tenant commercial property currently under construction at 7000 Jefferson Parkway on the northeast corner of the Sheridan Road and Jefferson Parkway intersection in Pine Bluff.

Metropolitan merger costs drop Simmons First overall net income

Simmons First National Corporation’s $53.6 million buyout of Little Rock-based Metropolitan took a toll on fourth-quarter and year-to-date net income. The Pine Bluff-based bank holding company reported fourth quarter net income of $3.8 million, down from $8 million in the previous year’s fourth quarter. Simmons said core earnings were $7.7 million when one-time expenses were factored out.

Acxiom makes round of layoffs

Acxiom Corp. began a round of layoffs this week that corporate leaders suggested would be forthcoming when they last reported earnings. Roughly 50 workers, some in middle management positions, are part of this round of layoffs, although less than half are in Arkansas.