Arkansas Business: S&P continues its streak on Wall Street

    8:11 AM, Nov 18, 2013   |    comments
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    LITTLE ROCK, Ark. (Arkansas Business) -- The S&P continued its impressive run on Friday. It's advanced now for six straight weeks. So far, the index is up 26.1 percent this year. If it ends 2013 with a gain that big it would be the best performance in a decade.

    Tyson foods set to report earnings today

    Shares of Tyson Foods Inc. of Springdale are expected to see lots of action today.

    The world's largest meat processor will report earnings today before the market opens.

    Analysts are expecting solid numbers for the company; calling for fourth-quarter earnings of 70 cents per share.

    One analyst with D.A. Davidson & Co. telling Marketwatch.com that he believes Tyson Foods is in the best shape it's been in in 15 years.

    National Bank employees waiting on jobs future

    Tmployees of National Bank of Arkansas of North Little Rock will be watching for the fate of their jobs under new owner Arvest Bank.

    Arvest announced it was buying the bank in October; the deal is set to close this month.

    John Womack, chairman and CEO of Arvest in Little Rock, telling Arkansas Business that the company has asked the National Bank's 80 or so employees to apply for jobs with Arvest.

    But he expects there will probably be some reduction in staff.

    Womack said specific numbers on any lost jobs should be known by the middle of next month.

    Global Entrepreneur Week kicks off

    Global Entrepreneur Week kicks off here in Little Rock today.

    The event, which lasts through Friday in downtown Little Rock and Argenta, gathers local entrepreneurs and startups to learn about all aspects of getting a business off the ground.

    Speakers will cover topics including women company founders, young CEOs and more.

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