Banking & Finance

Tedford and Son Leave Stephens Inc., Go In with Stephens Group
Bill Tedford

Tedford and Son Leave Stephens Inc., Go In with Stephens Group This article is available only in print.

Bill Tedford has left Stephens Inc. after 51 years, along with son Alan, and they have hooked up with the other side of the Stephens family.
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Arkansas Business Hall of Fame Inductees Announced

Four leaders who have made contributions to the finance and banking, fitness, transportation and steel industries make up the 2018 class of inductees for the Arkansas Business Hall of Fame.
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Builders Association Looks at House of Incarcerated Former EVP This article is available only in print.

The former executive vice president of the Arkansas Home Builders Association, who helped herself to $100,000 of the association's money, began serving her 12-year prison sentence in August.
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Springdale Contractor Faces Foreclosure This article is available only in print.

Arvest Bank of Rogers is seeking more than $1.3 million in a foreclosure suit filed against Springdale contractor James Randall Ball in Washington County Circuit Court.
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Economist: Recovery in 'Top of The Ninth Inning"

"I think we're in the top of the ninth inning of the recovery from our recession to, you know, getting back on our feet,” economist Jim Glassman told a small gathering of business professionals Wednesday at an economic outlook luncheon sponsored by Chase. read more >

Arkansas Unemployment Remains at 3.5 Percent

Arkansas' unemployment rate in September remained steady at 3.5 percent. read more >

Closing of Two Acquisitions Pushes Simmons to $14B in Assets

Simmons First National Corp. of Pine Bluff, parent company of Simmons Bank, announced Thursday it has completed acquisitions of both Southwest Bancorp Inc. of Stillwater, Oklahoma, and First Texas BHC Inc. of Fort Worth, Texas. read more >

$5M From First National Bank Gets Naming Rights to A-State Convocation Center

Arkansas State University's board of trustees vote to rename the university's Convocation Center to "First National Bank Arena" following a $5 million contribution to the Red Wolves Foundation from the Paragould-based bank. read more >

Bear State Financial 3Q Earnings Up 8 Percent

Bear State Financial Inc. of Little Rock, which is selling Bear State Bank to Arvest Bank of Fayetteville, reports third-quarter earnings of $5.1 million, up 8 percent from the same quarter last year. read more >

Florida Hurricane Drives Home BancShares 3Q Profit Down 66 Percent

Home BancShares inc. of Conway, the parent company of Centennial Bank, reports third-quarter profit of $14.8 million, down 66 percent from the same quarter last year, as Hurricane Irma weighed on results. read more >

Women Who Own Businesses Find Bank Loans Harder to Get

A survey of businesses conducted this summer found that 30 percent of companies owned by women were able to get bank loans during the previous three months, compared to half of all the owners surveyed. read more >

Pro Bono Work Can Also Be Good For Business, Bill Waddell Says

When Little Rock attorney Bill Waddell found himself in the national spotlight in August, he embraced it to spread the word on the first rural legal-medical partnership in Arkansas. read more >

Hospital Vendors Earn Millions for Services This article is available only in print.

Tax forms filed by nonprofit hospitals in Arkansas provide a peek into the millions of dollars the hospitals spend on their vendors. read more >

Everyone Needs a Little Nudge (Gwen Moritz Editor's Note)

Richard Thaler was already a rock star among economists before he was awarded the Nobel Memorial Prize in Economic Sciences last week. read more >

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