Banking & Finance Archive

WLR Volvo Complex Sells for $3.6 Million (Real Deals)

by George Waldon 7/31/2017 12:00 am

An affiliate of Little Rock's McLarty Auto Group bought the 60,000-SF McLarty Volvo Cars and McLarty Collision West complex at 1500 N. Shackleford Road.

KC Firm Pays $11.4M For Northwest Medical Plaza (NWA Real Deals)

by Marty Cook 7/31/2017 12:00 am

Block Real Estate Services of Kansas City, Missouri, paid nearly $11.4 million for the Northwest Medical Plaza in Springdale.

Is Vacation in Your Plans? (Alese Stroud Expert Advice)

by Alese Stroud 7/31/2017 12:00 am

Let's be clear. Sitting on a beach practicing distance management skills via email does not count as vacation. It counts as vacation only when you completely unplug.

UA Economist Mervin Jebaraj on Which Fast-Growing Industry Could Be the Most Unpredictable

by Arkansas Business Staff 7/31/2017 12:00 am

Mervin Jebaraj was named the interim director of the Center for Business & Economic Research at the University of Arkansas at Fayetteville in April to replace Kathy Deck. He has been with the center since 2007.

US Economy Expanded at Stronger 2.6 Percent Rate in 2Q

by Associated Press 7/28/2017 03:29 pm

The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief.

Bank of the Ozarks Shares Fall 12 Percent Amid Exec's Departure

by Arkansas Business Staff 7/28/2017 02:47 pm

Shares of Bank of the Ozarks Inc. of Little Rock fell more than 12 percent on Friday after a key executive announced his resignation.

FIS Partners With Two Startups; 2nd FinTech Accelerator Ends

by Sarah Campbell-Miller 7/27/2017 11:27 am

Global technology provider FIS partners with two startups that graduated from last year's inaugural VC FinTech Accelerator.

Bear State 2Q Earnings Up 49 Percent

by Arkansas Business Staff 7/27/2017 09:34 am

Bear State Financial Inc. of Little Rock reports second-quarter earnings of $6.7 million, up about 49 percent from the same quarter last year.

New-Home Sales Improved Modestly in June

by Associated Press 7/26/2017 10:14 am

U.S. sales of new homes perked up slightly in June, a sign that more would-be buyers are seeking newly built properties.

SPONSORED: Implementing Your Business Planning During Change

by 7/25/2017 08:00 am

A clear view of goals and processes can be the difference between success and failure.

Fed Will Likely Focus on Low Inflation But Leave Rates Alone

by Associated Press 7/24/2017 10:34 am

The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment.

US Home Sales Fell in June; Would-Be Buyers Can't Find Homes

by Associated Press 7/24/2017 10:32 am

Homebuyers faced surging prices and a shrinking number of properties for sale in June — causing the pace of sales to fall.

Stone Bank Expanding West Little Rock Location

by Arkansas Business Staff 7/24/2017 12:00 am

Stone Bank is taking over the entire ground floor at 900 S. Shackleford Road, growing from 8,000 SF to 18,000 SF.

Harrison Draws More Bank Competition

by Sarah Campbell-Miller 7/24/2017 12:00 am

Community First Bank's sale opens door to Harrison for Stone Bank and Cornerstone.

Arkansas Banks Signing on to Mobile Wallets

by Marty Cook 7/24/2017 12:00 am

Most people's smartphones already serve as camera, watch and music player. Now smartphones are increasingly becoming wallets, too.

Dispute Over Taxes Tears Family Apart

by Mark Friedman 7/24/2017 12:00 am

Roger and Shirley Bailey of Scott have become enmeshed in bitter legal fights with their youngest son Jeffrey, stemming from who should have paid payroll taxes for their business Rig-Up Electrical Services Inc.

As Marijuana Industry Beckons, Banks Just Say No

by Gwen Moritz 7/24/2017 12:00 am

On one side is a new industry desperately needing local banking services. On the other side are bankers salivating at potential deposits and fee revenue. Between them is a federal government that outlaws marijuana.

NLR's West Scenic Apartments Tops $3.9 Million Mark (Real Deals)

by George Waldon 7/24/2017 12:00 am

West Scenic Partners LLC of St. Louis purchased Scenic Hill Apartments at 605 and 1207 W. Scenic Drive. The seller is Scenic Hill Properties Ltd., led by James Kincannon.

EGP's Don Rodgers Jr. Receives Certification

by Arkansas Business Staff 7/24/2017 12:00 am

Don Rodgers Jr., director of wealth management at EGP Wealth Management LLC in North Little Rock, has been awarded the Accredited Investment Fiduciary designation from the Center for Fiduciary Studies, an accrediting organization based in Pittsburgh.

Bank of the Ozarks Making Its Mark as Bank of the Nation

by George Waldon 7/24/2017 12:00 am

A seven-year string of top-performing bank accolades joins a history dominated by record quarterly earnings for Bank of the Ozarks.