Banking & Finance Archive

Business Equipment: Leases vs. Loans (Marcus Guinn Expert Advice)

by Marcus Guinn 11/28/2016 12:00 am

Small-business owners often bring their consumer mindset to running their businesses, particularly in the early years of owning. In many regards this mindset is helpful, but it can also hinder progress when it comes to the idea of leasing.

US Court Blocks Overtime Expansion Pay Rule for 4M

by Associated Press 11/22/2016 06:15 pm

A federal court on Tuesday blocked implementation of a rule imposed by President Barack Obama's administration that would have made an estimated 4 million more higher-earning workers across the country eligible for overtime pay starting Dec. 1.

Survey: Arkansas Consumers Planning Large Purchases

by Arkansas Business Staff 11/22/2016 09:00 am

Arkansas consumers made large household purchases in the past six months and expect to make more, according to the third installment of the fall 2016 Arvest Consumer Sentiment Survey.

InVeritas Hires State Commissioner of Revenues

by Arkansas Business Staff 11/21/2016 01:24 pm

InVeritas of Little Rock announced Monday that State Commissioner of Revenues Tim Leathers would join them as vice president of consulting on Jan. 1.

Speculation Brimming Over Potential Sale of Acxiom Building

by Arkansas Business Staff 11/21/2016 12:00 am

Simmons First National Corp. of Pine Bluff could be buying the Acxiom Corp. building in downtown Little Rock.

Malvern National Enters Walter Quinn Foreclosure

by Arkansas Business Staff 11/21/2016 12:00 am

Another party has joined foreclosure litigation against Little Rock businessman Walter Quinn, his wife, Terry, and the Quinn Living Trust.

Pinnacle, Central Bank Combo Builds Assets To $200M

by George Waldon 11/21/2016 12:00 am

There are a lot of moving parts to the acquisition equation in the pending merger of Pinnacle Bank of Rogers and Central Bank of Little Rock.

Allied Bank Not Alone on US List of Bank Failures

by George Waldon 11/21/2016 12:00 am

The September failure of the $66.3 million-asset Allied Bank of Mulberry marked the fifth lender in the nation to go under so far this year.

Confidence Continues Slump in US Institutions

by Arkansas Business Staff 11/21/2016 12:00 am

Americans' confidence in the country's major institutions remains low, lagging behind historical averages, according to the pollster Gallup.

Industrial Space Attracts $5.6 Million Transaction (Real Deals)

by George Waldon 11/21/2016 12:00 am

A company led by Rick Ferguson sells a 223,880-SF industrial project adjacent to the Goodwill facility on Scott Hamilton Drive in Little Rock to a group of four investment companies.

Arkansas Lawmakers Weigh Launch Delay, Taxes for Medical Marijuana

by Andrew DeMillo, The Associated Press 11/18/2016 12:54 pm

Arkansas lawmakers are considering delaying the launch of the medical marijuana program as well as an effort to impose additional taxes on the drug.

Simmons First to Pay $72M for Third Bank in Tennessee

by Gwen Moritz 11/17/2016 07:04 pm

Simmons First National Corp. of Pine Bluff has struck a deal to acquire another Tennessee bank: First South Bank of Jackson.

Home BancShares to Buy Bank of Commerce in Florida

by Lance Turner 11/17/2016 02:18 pm

A bankruptcy court in Florida declares Home BancShares Inc. of Conway the successful bidder to buy The Bank of Commerce, a Florida state-chartered bank that operates in the Sarasota area.

President-elect Not Affecting Economic Outlook

by Alexis Crowe 11/16/2016 11:21 am

Economists are not expecting a new president to have significant effects on the local or national economy and outlook, according to presentations at the Little Rock Economic Briefing on Wednesday.

Report Outlines Possible Changes to Arkansas Tax Code

by Sarah Campbell 11/14/2016 02:10 pm

The Tax Foundation, a national Washington-based nonprofit, releases "Arkansas: A Road Map for Tax Reform," a report on the state's tax code and recommendations for how to change it.

Trustee: Turner Grain Transferred $100M to Related Firms

by Mark Friedman 11/14/2016 12:00 am

Turner Grain Merchandising Inc. of Brinkley transferred nearly $100 million to its related companies a year before it filed for bankruptcy protection, according to lawsuits recently filed by its Chapter 7 trustee.

Home BancShares' Johnny Allison Dropped Hints of Florida Bank Deal

by Arkansas Business Staff 11/14/2016 12:00 am

Chairman Johnny Allison offered a sly comment during a July interview that may have foreshadowed Home BancShares' recent $88.5 million deal for Giant Holdings Inc., the parent of Landmark Bank of Fort Lauderdale, Florida.

Teresa Sutterfield To Manage Mountain View Service for Stone Bank (Movers & Shakers)

by Arkansas Business Staff 11/14/2016 12:00 am

Teresa Sutterfield's 37-year banking career includes positions as assistant vice president and branch manager for First Security Bank and branch manager for the Bank of Mountain View.

UCA Announces $1M Endowment for Study Abroad Programs

by Arkansas Business Staff 11/11/2016 02:48 pm

The University of Central Arkansas in Conway announced on Friday that Bunny and Carol Adcock have established a $1 million endowment for study abroad opportunities.

UALR, Jacksonville High Announce Promise Program

by Arkansas Business Staff 11/11/2016 10:49 am

The University of Arkansas at Little Rock and Jacksonville High School announced this week their new "Jacksonville Promise" program for JHS juniors and seniors, in the graduating classes of 2017-20.