Business Services Archive

Metro Builders Supply Leads Off Quartet of Million-Dollar Deals

by Arkansas Business Staff 8/11/2014 12:00 am

Our new batch of million-dollar transactions features a commercial project, a nonprofit building, a retail site and a big house.

Denver Peacock Sets Up New PR Firm

by Arkansas Business Staff 8/11/2014 12:00 am

Denver Peacock is the latest former Cranford Johnson Robinson Woods staffer hanging out his own shingle after leaving the Little Rock advertising, marketing and public relations firm.

Trucking Firms Raise Pay To Keep Moving

by Marty Cook 8/11/2014 12:00 am

Listen to any Arkansas trucking company executive — with the possible exception of unionized ABF Freight — and you will hear lamentations about driver shortages in the industry. Short of cultural change to repopularize the job, executives know they have to pay more to attract drivers and work harder to keep them. The trend doesn't look like it is going to get any better anytime soon.

Midtowne Little Rock Sells for $41.4 Million (Real Deals)

by George Waldon 8/11/2014 12:00 am

A 126,288-SF retail center in midtown Little Rock tipped the scales at $41.45 million. Construction of a 9,000-SF retail building in west Little Rock is trailing a $1 million land deal. And development of a Noah's event center in west Little Rock is following an $859,636 land sale.

Jerry Claret Moves Up at Nations Equipment Finance (Movers & Shakers)

by Arkansas Business Staff 8/11/2014 12:00 am

Jerry Claret has been hired as senior vice president of business development at Nations Equipment Finance, serving Alabama, Arkansas, Florida, Louisiana, Mississippi and Oklahoma. Claret was previously business development manager at ENGS Commercial Finance

Nominate Now for Arkansas Business' CFO of the Year Awards

by Arkansas Business Staff 8/5/2014 11:28 am

Arkansas Business is searching for the state's most outstanding chief financial officers for its sixth "CFO of the Year" awards. You can nominate CFOs here.

Arkansas Venture Center Launches Pre-Flight Accelerator Course

by Mark Carter 8/5/2014 10:39 am

Backed by the Nashville Entrepreneur Center, Pre-Flight will be held on Monday nights over a 14-week period beginning Sept. 8 from the Little Rock Regional Chamber of Commerce, which is sponsoring the program.

Arkansas Less Optimistic Than Oklahoma, Missouri in Arvest Consumer Survey

by Lee Hogan 8/5/2014 10:29 am

The second phase of Arvest Bank's consumer sentiment survey found Arkansans have a less optimistic outlook on current conditions and expectations than respondents in Oklahoma in Missouri.

Acxiom Reports 1Q Loss, Revenue Drops 6 Percent

by Arkansas Business Staff 8/4/2014 03:26 pm

Acxiom Corp. of Little Rock reported a net loss and a 6 percent revenue decline for its first quarter, as the data services firm restructured operations in Europe, saw less money from its IT infrastructure management business and acquired a San Francisco startup called LiveRamp.

Market Disruption Opens New Doors for Bear State Financial

by George Waldon 8/4/2014 12:00 am

The June acquisition of First National Security Co. propelled Bear State Financial Inc. of Harrison into the top tier of Arkansas bank holding companies.

Well-Being Report Ranks Arkansas at 41 in Child Poverty

by Arkansas Business Staff 8/4/2014 12:00 am

The poverty rate among children in Arkansas rose to 29 percent in 2012, up from 25 percent in 2005, according to the “Kids Count Data Book,” an annual report by the Annie E. Casey Foundation.

Fountains at Chenal Apartments Transaction Approaches $8 Million (Real Deals)

by George Waldon 8/4/2014 12:00 am

A 176-unit apartment complex in west Little Rock tipped the scales at $7.95 million. A 25,585-SF commercial project in North Little Rock is under new ownership after a $2.08 million sale. And a 5,000-SF home in the Germay Court neighborhood of west Little Rock's Chenal Valley development changed hands in a $1.1 million transaction.

Paul Harvel Honored with Life Member Award from American Chamber of Commerce Executives

by Arkansas Business Staff 8/4/2014 12:00 am

Paul Harvel's 21 years of work at the Little Rock Regional Chamber of Commerce included raising the chamber's total assets from $70,000 to more than $10 million.

Bank of America's Donnie Cook on the Value of Classroom Economics

by Arkansas Business Staff 8/4/2014 12:00 am

Donnie Cook has more than 40 years of experience in banking. He's the Arkansas state president and Little Rock market president for Bank of America as well as its senior client manager in its Commercial Bank Specialized Industries Division, overseeing the development of nonprofit, religious and health care clients.

ARK Challenge Rolls into Little Rock

by Mark Carter 8/4/2014 12:00 am

ARK 3 — the third installment of the public/private ARK Challenge startup accelerator that made a name for itself in northwest Arkansas — is underway in Fayetteville. Meanwhile, ARK 4 launches this week in Little Rock.

Made by Few Conference Set For Aug. 22-23

by Mark Carter 8/4/2014 12:00 am

Made by Few, the “conference for makers of the Web,” is for designers and creators of mobile applications, and it's growing in national prominence.

Fayetteville's Joyce Business Park Sold for $2.6M

by Arkansas Business Staff 8/4/2014 12:00 am

Joyce Business Park has a new owner. Engineering Elements, owned by Shane Lanning and Ryan McClain, paid approximately $2.6 million for the 40,316-SF complex of offices at 2418 E. Joyce Blvd. in Fayetteville.

Agronomic Innovations Purchases AgRobotics of Little Rock

by Arkansas Business Staff 8/1/2014 10:02 am

AgRobotics co-founders Jim and Jeff Burton of Little Rock had been searching for a strategic partner to expand the market for the AutoProbe, a device that pulls 6-inch cores of soil samples from which farmers can extract accurate data.

ArcBest 2Q Profit Triples From Last Year

by Marty Cook 7/31/2014 09:45 am

ArcBest Corp. of Fort Smith reports its most profitable quarter in six years, driven by stronger performance in two of its subsidiaries, ABF Freight and Panther Premium Logistics.

USA Truck Reports First Profitable Quarter Since 2011

by Marty Cook 7/31/2014 08:59 am

USA Truck of Van Buren reported its first profitable quarter since 2011 on Thursday, bringing in net income of $700,000, or 7 cents per share. The profit came even after a tough first half of the year marked by hard winter weather and a driver shortage that continues to dog the industry.