Investments

Jack Mullen, Paula Cholmondeley Join Board of Growing Bank of the Ozarks
Jack Mullen and Paula Colmondeley, new members of Bank of the Ozarks Inc.'s board of directors.

Jack Mullen, Paula Cholmondeley Join Board of Growing Bank of the Ozarks

At Monday's annual shareholders meeting, Chairman and CEO George Gleason also announced that a third seat would be filled by Trevor Burgess, president, CEO and founder of the $1.7 billion-asset C1 Financial Inc. of St. Petersburg, Florida.
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Stephens Inc. Fined $900K for Lax Supervision of Internal Emails

Stephens Inc. consented to the FINRA fine without admitting or denying the findings, and spokesman Frank Thomas told Arkansas Business that Stephens Inc. would not comment on the order.
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Net Income Up 40 Percent, Tyson Foods Raises Earnings Guidance

Tyson Foods Inc. of Springdale on Monday reported a 40 percent increase in first-quarter net income and raised its guidance for fiscal-year earnings.
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BKD Settles With FDIC Over Kevin Lewis Fraud

The Federal Deposit Insurance Corp. last week settled its lawsuit against the accounting firm BKD LLP, just days before the trial was scheduled to begin in U.S. District Court in Little Rock.
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Be Pro Be Proud Initiative Receives $80K in Investments

The Arkansas State Chamber of Commerce and the Associated Industries of Arkansas announced Tuesday its acceptance of a $50,000 investment from the Gene Haas Foundation and a $30,000 investment from Tyson Foods Inc. read more >

Former Home of Stephens Inc. Torn Down for Tech Park

The 20,952-SF building at 114 E. Capitol Ave. was demolished as part of the Little Rock Technology Park development. read more >

Tux Dollars at Work as Menguin Raises Nearly $1M from Investors

Menguin Inc., an online tuxedo rental company in Fayetteville, raised nearly $1 million in a recent offering, according to a document on file with the U.S. Securities & Exchange Commission. read more >

Pulaski County's Most Expensive Home Sales of 2015

Sales of seven-figure homes in Pulaski County jumped in 2015, but the million-dollar houses remain a small part of the market. read more >

Top Residential Firms in Arkansas Enjoy Home Sales Rebound

2015 was a good year for buying and selling houses in Arkansas as reflected by growth among the 10 largest residential realty firms. read more >

RPM Group's Kris Upton on How Technology Brings an Agent's Success Back Home

Kris Upton, 46, is president of the RPM Group, where he's worked since 2003, and previously has served the company as treasurer, chief financial officer and chief operating officer. read more >

Tech Park Transactions Surpass $12.6 Million (Real Deals)

The acquisition encompassed four office buildings and three parking lots. The biggest deal with Five Main LLC, led by Warren Stephens, was valued at $10.8 million read more >

At Annual Meeting, William Dillard Says Apparel Retailers Face Grim Times

Dillard's Inc. isn't alone in its poor first quarter results, CEO William Dillard II said Saturday at the annual shareholder's meeting. read more >

Wal-Mart 1Q Results Beat Forecasts, Boost Share Price

Surprisingly strong sales at Wal-Mart and an optimistic outlook from the world's largest retailer lifted a pall that settled over the entire sector this week. Sales at U.S. stores open at least a year rose 1 percent, the seventh consecutive quarterly increase. The company's shares jumped 9 percent before the opening bell Thursday. read more >

Simmons First to Buy Citizens National Bank of Athens In Deal Worth $77M

Simmons First National Corp. of Pine Bluff said Wednesday that it agreed to purchase Citizens National Bank of Athens, Tennessee, in a deal valued at $77 million. read more >

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