Arkansas: Arkansas Business

Cranford Johnson Robinson Woods, the Little Rock communications firm, was awarded an advertising contract by the University of Central Arkansas.  The board approved the contract this afternoon.  After the infamous Lu Hardin era, the university could use some good P.R. - but it's going to cost them.  Sam Eifling at Arkansas Business has the details.
 

A venture capitalist in California who knew his firm’s deal to acquire Axciom was about to fall apart tipped off family and friends, who made more than $6 million off the insider trading. All the parties involved have now been charged by the Securities and Exchange Commission on the deal. Arkansas Business has the story and a link to the SEC news release.

Arkansas Business reports that Lewis May, president of Little Rock's May Construction, was arrested on a warrant issued in Virginia over what appears to be a dispute related to payment of subcontractors on construction of a Lowe's store. He was released on a $50,000 bond.

I just had my attention called to an article by Nate Allen in today's Northwest Arkansas Times (not behind the subscription wall at the moment) on the University of Arkansas athletic department's failed effort to get a kickback from those signed up to provide medical services to Razorback sports teams.

The article represents a stumble for UA Chancellor David Gearhart, who's been off to a good start at Fayetteville. In it, Gearhart unconditionally backs Athletic Director Jeff Long's alibi that it was just an oversight that the athletic department failed to provide all relevant slides from a PowerPoint presentation to a Freedom of Information Act request from Arkansas Business.