First quarter: Business First Bancshares Inc., the parent company of Business First Bank, announced its unaudited results for the quarter that ended March 31, including record quarterly net income of $5.7 million, or $0.41 per diluted share. The results show increases of $2.6 million and $0.12, respectively, from the same quarter last year. Core net income, which excludes non-core income and expenses, was $5.6 million, or $0.41 per diluted share, which shows increases of $2.1 million and $0.07, respectively, from last year. Read the full announcement.
Anadarko: Occidental Petroleum Corp. offered to buy Anadarko Petroleum Corp. for $38 billion, launching a potential bidding war for a company that previously agreed to be purchased by Chevron Corp. for about $33 billion, The Wall Street Journal reports. The Houston-based company said it has made overtures to Anadarko since late March, including two offers that were higher than what the company agreed to with Chevron, according to a letter Occidental Chief Executive Vicki Hollub sent to Anadarko’s board. Read the full story.
Secure disposal: Walgreens announced its safe medication disposal program has collected and disposed of more than 1.2 million pounds of unwanted prescriptions, including controlled substances and other medications in the three years since it began. The company has set up 1,300 safe medication disposal kiosks in 46 states and Washington, D.C. Read the full report.