Arkansas Business: Tech earnings drive up stocks

    7:22 AM, Oct 28, 2013   |    comments
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    LITTLE ROCK, Ark. (Arkansas Business) -- In all, all three stock indexes ending the week up around 1 percent. On Friday, shares of Microsoft leading the Dow Jones higher, up 6 percent after quarterly results beat analysts' forecasts for revenue and earnings.

    Three stocks rose for every two that fell on the New York Stock Exchange.

    Apple set to report earnings today

    Today, investor attention will shift to earnings from Apple Inc. The iPhone, iPad and Mac-maker set to report earnings today after the markets close.

    This will be the company's fourth-quarter results, and analysts expect to see steady demand for its flagship device, the iPhone.

    Earlier in the quarter, after the launch of the iPhone 5S and 5C, Apple said it expected earnings results on the high side of estimates.

    Still, investors will be looking to Apple's guidances for its first quarter, which includes the crucial holiday shopping season.

    Apple set to launch new versions of its iPad and iPad mini later this month.

    Crain investments buys three financial centre

    A prominent west Little Rock office building was sold for $12.3 million.

    The 125,000-square-foot Three Financial Centre building at 900 S. Shackleford Road was purchased by Crain Investments Ltd., a group by Larry Crain Sr., and Kelley Commercial Realty, led by Hank Kelley.

    The 4-acre office development was sold by a limited liability company led by Ed Willis.

    Kelley, of course, is a prominent commercial real estate broker. Crain owns auto dealers and radio stations in central Arkansas.

    Ark. Children's Hospital expands tutoring program

    Arkansas Children's Hospital of Little Rock is expanding a health tutoring program to make it available at all Arkansas public schools.

    HealthTeacher is an online curriculum created by HealthTeacher Inc. that provides lesson plans to K-12 school teachers across 10 different subject areas.

    It was developed in 1999 and is intended to address leading health risks identified by the U.S. Centers for Disease Control & Prevention.

    Since 2009, Children's Hospital has helped pay for public schools in Arkansas to access the curriculum, and this rollout will expand access to the rest of the schools in the state.

    The program is free to schools.

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