J. B. Hunt’s widow sells 150, 000 shares Johnelle Hunt sold 150, 000 shares of J. B. Hunt Transport Services Inc. stock she owns indirectly through a limited liability company, J. B. Hunt LLC, on Tuesday. Hunt, the widow of company founder J. B. Hunt, filed a report of the sale with the U. S. Securities and Exchange Commission on Tuesday. The shares sold at $ 35. 68, meaning Hunt made $ 5. 35 million on the sale. J. B. Hunt LLC continues to own 33, 237, 140 shares after the sale.
Johnelle Hunt owns 607, 352 shares of common stock directly and another 3, 543 in a 401 (k ) account. She also owns 291, 310 shares indirectly through another limited liability company, Johnelle Hunt LLC, the SEC documents state.
James Thompson, the trucking company’s president and chief executive officer, sold 50, 000 shares he owned at $ 35. 92 on Tuesday. The total sale proceeds were $ 1. 8 million.
Thompson continues to own 242, 000 shares directly and 16, 357 in a 401 (k ) account.
Jerry Walton, executive vice president and chief financial officer, sold 25, 000 shares he owned directly for $ 36. 05 on Tuesday. Total sale proceeds were $ 901, 292. 50.
Walton owns 179, 840 shares directly.
Alfred Harper, executive vice president and chief operations officer, sold the 17, 439 shares he had in a 401 (k ) account at $ 35. 77 on Tuesday. Sale proceeds were $ 623, 793. 03.
Harper still owns ™, 363 shares directly. Wal-Mart set to open 27 stores in Canada Wal-Mart Stores Inc. plans to invest “hundreds of millions of dollars” in Canada to open as many as 27 stores by January.
Most of the new stores will be supercenters, which feature a grocery section with fresh food alongside general merchandise, Bentonville-based Wal-Mart said Thursday in a statement.
The new project will give Wal-Mart more than 320 stores in Canada. It currently has 32 supercenters.
The expansion will add 6, 000 in-store jobs by the end of January, giving Wal-Mart about 80, 000 employees in the country. Arkansas 20 up 0. 08; USA Truck gains 2. 7 %
The Arkansas 20, a priceweighted index that tracks public companies based in the state, rose 0. 08 to 189. 16 Thursday.
“U. S. stocks rebounded from their biggest drop in a month on Thursday, as Wal-Mart exceeded sales estimates and commodity producers advanced on higher gold and oil prices,” said John Blackwell, senior vice president and managing director of equity trading at Stephens Inc. in Little Rock. “The Arkansas 20 finished essentially unchanged as nine stocks moved higher, nine traded lower and two remained unchanged.” USA Truck had the best day, gaining 2. 7 percent in light trading.
The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
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