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    Arkansas Business: Stocks make up lost ground

    6:19 AM, Jun 4, 2013   |    comments
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    LITTLE ROCK, Ark. (Arkansas Business) -- Stocks take back some of the ground lost on Friday. The Dow gained ground again after that 200-point drop on Friday.

    This, as investors judged that weak economic reports will help make sure that the Federal Reserve keeps stimulating the economy.

    On Monday, a measure of U.S. manufacturing fell in May to its lowest level since June 2009. That report reflecting a slump in overseas economies and weak business spending that reduced new orders.

    Walmart's produce promise

    Here in Arkansas, Wal-Mart Stores Inc. of Bentonville, which is holding its annual shareholders' meeting Friday in Fayetteville, announced steps to improve the quality of its fresh fruits and vegetables.

    Wal-Mart, the nation's largest grocer, says it will change various part of its operations, including training and sourcing. It also plans to deliver produce from farms to store shelves more quickly by purchasing directly from local growers.

    The steps come as Wal-Mart vows to make the food it sells healthier and more affordable. It also comes as it battles rivals like Trader Joe's, Whole Foods and Costco for health-conscious customers.

    Data Visualization Systems come to UALR

    And finally, UALR made a big education announcement. It said a $5 million grant from the George W. Donaghey Foundation will establish the UALR George W. Donaghey Emerging Analytics Center.

    The center, located on the fourth floor of UALR's Engineering and Information Technology building, features data visualization systems that the university said "are among the first of their kind in the world."

    Governor Mike Beebe was on hand for the announcement yesterday. He said, "Kind of mind boggling that technology has gone that far. And I think all Arkansans ought to be proud that the first place it is in the world is right here."

    The new center will be led by Mary Good, a nationally recognized scientist who serves as special advisor on economic development to UALR and the Arkansas Economic Development Commission.

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