Banking & Finance Archive

For Fairness (Editorial)

by Arkansas Business Editors 4/20/2015 12:00 am

We support the proposal before the Little Rock Board of Directors that would forbid discrimination against city workers, including discrimination on the basis of sexual orientation and gender identity.

Widespread Growth Seen in Northwest Arkansas

by Charles S. Gascon and Michael A. Varley 4/20/2015 12:00 am

When Sam Walton opened in 1950 the dime store in Bentonville, to say the area was sparsely populated would be an understatement. Today, these environs have grown so much that they comprise their own metropolitan statistical area.

New Owners Reviving Batesville's Melba Movie Theater

by Mark Friedman 4/20/2015 12:00 am

Janelle Shell said the curtain will rise again for the Melba Theater in Batesville. But before the doors open to the historic one-screen theater on the city's Main Street, a long list of repairs has to be made.

McDaniel Promoted at UAMS Communications Office, Epoch Adds to Staff in Conway

by Arkansas Business Staff 4/20/2015 12:00 am

Angi McDaniel has been promoted to associate director of marketing in the University of Arkansas for Medical Sciences Office of Communications & Marketing.

Home BancShares 1Q Profit UP 14 Percent

by Arkansas Business Staff 4/16/2015 11:24 am

Home BancShares Inc. of Conway on Thursday reported first-quarter net income of $31.1 million, up 14 percent from the same quarter last year.

Skyline Report: Commercial Permits Up; Multi-family Vacancy Rates Drop in NWA

by Arkansas Business Staff 4/16/2015 11:00 am

Arvest Bank on Thursday released its Skyline Reports on commercial and multi-family real estate in northwest Arkansas for the last six months of 2014.

Get Tickets Now to Arkansas Business Power Breakfast on Women Business Leaders

by Arkansas Business Staff 4/15/2015 11:31 am

Tickets are now available to the next Arkansas Business Power Breakfast, which features experts who will share strategies on recruiting, retaining and inspiring women in the workplace to be leaders.

Judge Gives Georgia Company 30 Days to Buy John Rogers Assets

by George Waldon 4/14/2015 03:12 pm

A would-be $59 million deal is back in play to buy the photo archive and sports memorabilia assets collected by John Rogers.

Arvest Bank Renews Naming Rights for Naturals' Ballpark

by Arkansas Business Staff 4/14/2015 09:37 am

Arvest Bank renewed its naming rights sponsorship for Arvest Ballpark, the home stadium of the Northwest Arkansas Naturals, a Class AA minor league team that plays in Springdale.

One Bank Customer Pleads Guilty to Reduced Federal Charge of Money Laundering

by Gwen Moritz 4/13/2015 04:57 pm

In a plea deal reached with the U.S. Attorney's Office in Little Rock, Albert Solaroli pleaded guilty to laundering $120,000 of the loan in exchange for having a pending bank fraud charge dismissed.

Bank of the Ozarks 1Q Net Income Up 58 Percent

by Lance Turner 4/13/2015 04:51 pm

Bank of the Ozarks Inc. of Little Rock reports first quarter net income of $39.9 million, up 58 percent from the same quarter last year.

Stephens Inc. Hires 5 From Sterne Agee

by Arkansas Business Staff 4/13/2015 10:12 am

Stephens Inc. of Little Rock said Friday that it will hire five managing directors from the Depository Investment Banking Group of Sterne Agee.

Turner Grain's Dale Bartlett Asks for Chapter 7

by Arkansas Business Staff 4/13/2015 12:00 am

Dale Bartlett, a former co-owner of Turner Grain Merchandising of Brinkley, asked earlier this month that his Chapter 11 bankruptcy reorganization be converted to a Chapter 7 liquidation.

Centennial, Michael Morton, Dollar General Make Million-Dollar Moves

by Arkansas Business Staff 4/13/2015 12:00 am

A trio of central Arkansas real estate transactions all surpassed the $1 million mark.

NLR Manufacturer Files for Chapter 11

by Arkansas Business Staff 4/13/2015 12:00 am

O.D. Funk Manufacturing Inc. of North Little Rock, which has been in business since 1976, has filed for Chapter 11 reorganization.

Bridgeway Hospital Sells for $17.3 Million (Real Deals)

by George Waldon 4/13/2015 12:00 am

A North Little Rock psychiatric hospital weighed in at $17.3 million. A west Little Rock bowling project scored a $3.02 million transaction. And a 7,605-SF medical office building in west Little Rock tipped the scales at $1.6 million.

Allied Bank Assets Undervalued — or Not

by George Waldon 4/13/2015 12:00 am

Among the Allied Bank assets discussed during Acme Holding's recent bankruptcy hearing were energy stocks valued at $3.8 million in a 2012-13 appraisal.

Bankruptcy Judge Considers Allied Bank Auction

by George Waldon 4/13/2015 12:00 am

The continued ownership of Allied Bank by the Lex Golden family is under judicial review after a recent two-day bankruptcy hearing in Fayetteville. U.S. Bankruptcy Judge Ben Barry will decide in the coming weeks whether Acme Holding Co. should be liquidated, resulting in the sale of Allied, the $111 million-asset bank chartered in Crawford County.

Quarterly Business Analysis Luncheon Set for May 8 in Fayetteville

by Arkansas Business Staff 4/9/2015 11:49 am

Kathy Deck, director of the Center for Business and Economic Research, will present her regular Quarterly Business Analysis as a luncheon on Friday, May 8.

Fed Minutes: Officials Split Widely On Rate Hike Timing

by Associated Press 4/8/2015 01:26 pm

Fed officials disagreed widely last month on when they might begin lifting interest rates from record lows.

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