Banking & Finance Archive

Future of Allied Bank Could Be Decided by June Ruling in Acme Case

by George Waldon 5/25/2015 12:00 am

Three of the largest creditors of Acme Holding Co. recently submitted briefs in support of converting the bank holding company's Chapter 11 reorganization to Chapter 7 liquidation.

Wal-Mart Closes on Land for New Fayetteville Store (NWA Real Deals)

by Marty Cook 5/25/2015 12:00 am

Wal-Mart Stores Inc. closed on a 6.1-acre property in south Fayetteville where the company plans to build a Neighborhood Market.

Vantage Point Apartments Attracts $11 Million Sale (Real Deals)

by George Waldon 5/25/2015 12:00 am

A 228-unit apartment complex in Little Rock's Riverdale area tipped the scales at $11 million.

Big Companies, Big Revenue: 75 Largest Private Companies in Arkansas Bring In $32.8B

by Gwen Moritz 5/25/2015 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $32.8 billion in their most recent fiscal years, up nearly 7 percent in a year.

Arkansas Business Hall of Fame Seeks Nominations

by Arkansas Business Staff 5/21/2015 11:01 am

The selection committee for the Arkansas Business Hall of Fame is now accepting nominations for the 2016 class of inductees.

Arkansas' Top Exporters Recognized, Officials Call for Ex-Im Bank Renewal

by Mark Carter 5/19/2015 02:39 pm

At an awards ceremony recognizing the state's top exporters, Arkansas small business owners and an official with the U.S. Export-Import Bank called for the bank charter's renewal.

Gleason: Record Loan Growth, Other Factors Boosted Bank of the Ozarks

by George Waldon 5/18/2015 03:15 pm

Record growth in loans, unfunded loans and deposits helped return Bank of the Ozarks to its familiar road of record earnings. The company held its annual shareholders meeting Monday at the corporate headquarters in west Little Rock.

Affiliated Foods Bankruptcy Case Lingers with U.S. Bank Lawsuit

by Arkansas Business Staff 5/18/2015 12:00 am

Earlier this month, Affiliated Foods Southwest Inc. entered its seventh year in bankruptcy court. Affiliated Foods, once one of the state's largest private companies, reported $47.6 million in assets and $101.5 million in debt — $62.5 million of it unsecured — when it filed for bankruptcy on May 5, 2009.

Kim Kirkman Moves Up at Harding's American Studies Insitute (Movers & Shakers)

by Arkansas Business Staff 5/18/2015 12:00 am

Kim Kirkman has been named associate executive director of the American Studies Institute at Harding University in Searcy, replacing Bob Reely, who has held the position for 26 years.

Concerns Voiced About Red Alert Proposal in John Rogers Case

by George Waldon 5/18/2015 12:00 am

The $28 million cash offer to acquire the photo archives and sports memorabilia assets once owned by John Rogers has drawn objections and cautionary filings.

TPA Promotes Job Creation (Randy Zook Commentary)

by Randy Zook 5/18/2015 12:00 am

Congress faces an important choice in the months ahead as it considers a bill to renew Trade Promotion Authority. TPA is vital because economic growth and job creation at home depend on our ability to sell American goods and services to the 95 percent of the world's customers living outside the United States.

Kohl's Store Rings Up $9 Million Transaction (Real Deals)

by George Waldon 5/18/2015 12:00 am

An 89,724-SF department store in Sherwood weighed in at $9 million. An 18,680-SF electrical subcontracting complex in North Little Rock shifted ownership in a $636,000 transaction. And an 8,316-SF commercial building in west Pulaski County changed hands in a $506,096 foreclosure sale.

A Steno Pool Survivor (Linda Nelson Commentary)

by Linda Nelson 5/18/2015 12:00 am

We were in the old post office on Capitol Avenue, which is now a part of the federal court complex in downtown Little Rock. It was old and had radiators, windows that opened and manual typewriters and calculators. I was 18 and already married one year. I was a GS-3 (on a scale of GS-1 to GS-15) clerk-steno, meaning I actually knew shorthand and could read it back and could type with all fingers.

Women Share Stories, Strategies About Leading, Growing Ranks in Business

by Lance Turner 5/15/2015 12:07 pm

Women must have an expectation that their potential is limitless, and organizations must understand that diversity is key to powering success, three women business leaders said at a panel discussion Friday morning. Includes video.

Bear State Posts $2.3M Profit in 1Q

by Arkansas Business Staff 5/15/2015 11:27 am

The publicly traded holding company for Bear State Bank collapsed three bank charters in the first quarter.

Jeffrey Busch to Lead Arvest Branch in Springdale

by Arkansas Business Staff 5/14/2015 11:48 am

Jeffrey Busch was named manager of Arvest Bank's branch on South Pleasant Street in Springdale.

Arvest Survey Shows Rising Consumer Sentiment in Arkansas

by Lance Turner 5/12/2015 09:00 am

Rising optimism among Arkansas couples with no children and the unemployed helped drive an increase in consumer sentiment this year, according to the Spring 2015 Arvest Consumer Sentiment Survey.

Steve Bauman Joins Rose Law Firm (Movers & Shakers)

by Arkansas Business Staff 5/11/2015 12:00 am

Steve Bauman has joined the Rose Law Firm in Little Rock. He comes with experience in the areas of trusts, estate planning, real estate and taxation.

Jerry Spratt Honored by Arkansas Society of Certified Public Accountains

by Arkansas Business Staff 5/11/2015 12:00 am

Jerry Spratt of Maumelle is a certified public accountant and certified fraud examiner who spent 38 years with the Arkansas Division of Legislative Audit. As assistant legislative auditor and legislative audit administrator between 1980 and 2006, he was involved with more than 1,000 government audits that found shortages and obtained more than 100 confessions.

The Business Value of Listening (Barry Goldberg On Leadership)

by Barry Goldberg 5/11/2015 12:00 am

There are reams of articles on listening, with approaches that vary widely. Most of what is required to listen, however, is to pay attention, remove distractions and remain fully present for the work in front of us.

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