Investments

Investor Angst Boils at NanoMech

Investor Angst Boils at NanoMech
NanoMech CEO Jim Phillips, NanoMech founder Ajay Malshe and UA Chancellor David Gearhart unveil a plaque recognizing the company’s R&D 100 award in 2013.

If Jim Phillips had a New Year's resolution to get NanoMech's financial house in order during 2019, that aspiration didn't survive the first day. And now a key creditor has implied it wants Phillips gone as chairman and CEO of the lubricant manufacturer.
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Hardin Jesson & Terry Sues Atlanta Nursing Home Chain

The law firm Hardin Jesson & Terry PLC, which has offices in Fort Smith and Little Rock, sued its former clients AdCare Health Systems Inc., now known as Regional Health Properties Inc. of Atlanta, for allegedly not paying for the legal services it provided.
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Col. Glenn Business Center, Noelle Nikpour Highlight Recent Deals

Col. Glenn Business Center, a super convenience store in west Little Rock, a political strategist's Edgehill properties, the future home of a Conway hotel and a Little Rock manor make up the latest million-dollar real estate transactions.
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An Investor's Look at Medical Cannabis Opportunities in the Heartland (Erika Gee Commentary)

Erika Gee examines medical marijuana investment opportunities in Arkansas, Oklahoma and Missouri. read more >

Federal Reserve Signals No Rate Hike in 2019

The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases. read more >

Survey: Top CEOs Report Weaker Economic Outlook for 1Q

Top U.S. CEOs are reporting that their economic outlook weakened in the first three months of the year although it remains above its historical average. read more >

Andrew Clyde's Salary Hits $5.94M at Murphy USA

Murphy USA CEO Andrew Clyde earned total compensation of $5.94 million in 2018, up from $5.78 million the year before. read more >

FIS Spends $35B on Worldpay as Digital Payments Surge

Fidelity National Information Services is buying Worldpay for about $35 billion with financial transactions increasingly moving online. read more >

Otter Creek Cottages Host $5.7M Transaction (Real Deals) This article is available only in print.

An affiliate of Read Property Group of Brooklyn, New York, purchased the 96-unit apartment project in west Little Rock. read more >

Trying Again on Revised Overtime Rules (Missy McJunkins Duke Commentary)

The statistical reality of the the U.S. Department of Labor's overtime proposal is that Arkansas employees earn lower wages than much of the country, meaning Arkansas employers are more likely than employers in other parts of the country to feel the effects of an increase. read more >

China's Opportunity Zones Thrived. Arkansas' Can Too. (Lisa Ferrell Commentary)

We need to be investing in opportunity zones — in Arkansas and across the country — and we need to be doing it now. read more >

Restaurateur Capi Peck Mixes Warmth with Strength This article is available only in print.

Despite a hospitality background, Capi Peck didn't start out to be a restaurateur. Nonetheless, she opened Trio's in 1986 and has since become a leader not just in the local restaurant industry, but also on the Little Rock Board of Directors. read more >

Arrow's Edge Apartments Acquired in $4.1M Exchange This article is available only in print.

Sherwood apartments, a west Little Rock office building, a Cabot convenience store and a Pulaski County residence provide this week's foursome of million-dollar real estate transactions. read more >

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