Investments

Bank of the Ozarks Responds to 'Say on Pay' Vote

Bank of the Ozarks Responds to 'Say on Pay' Vote

Say-on-pay votes are not binding in the first place, and the vast majority pass, but say on pay is having an impact even for companies whose compensation packages get voter approval, and a perfect example is in Little Rock: Bank of the Ozarks Inc.
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Home BancShares Raises Quarterly Dividend 33 Percent

Home BancShares Inc. of Conway raises its quarterly dividend 33 percent to 10 cents per share.
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Wal-Mart Execs Naturally Dominate List of Executive Compensation

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon.
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Deltic Timber 2Q Net Down Against One-Time Gains

Deltic Timber Corp. of El Dorado reports second-quarter net income of $5.3 million or 42 cents per share, down 53 percent from the same time last year. read more >

NLR Sports Memorabilia Dealer John Rogers Sued for Missed Payment

A dispute over the $1.35 million acquisition of a treasure trove of historic Major League Baseball images recently took the field in Pulaski County Circuit Court. The heir and former keeper of the famed George Burke & George Brace Collection of photographic negatives sued North Little Rock businessman John Rogers and his Sports Card Plus Inc. read more >

Proposal Would Raise Arkansas' Minimum Wage Rate

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly. read more >

Lessons Learned (Editorial)

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints). read more >

Promenade at Chenal Parcel Purchased by Indiana Developer

A new outparcel development at The Promenade at Chenal in west Little Rock was purchased by an Indiana thrift for $1 million. read more >

Home BancShares Completes Purchase of Florida Traditions Bank

Home BancShares Inc. of Conway, the parent company of Centennial Bank, completes its previously announced acquisition of Florida Traditions Bank. read more >

Simmons First National 2Q Profit Up 50 Percent

Simmons First National Corp. of Pine Bluff reports a 50 percent rise in second-quarter profit, part of what CEO George Makris called a "landmark quarter" for the fast-growing financial holding company. read more >

Another Record: Home BancShares' 2Q Profit Up 60 Percent

Home BancShares Inc. of Conway reports second quarter profit of $28.4 million or 43 cents per share, another record and a 60 percent increase from the $17.7 million or 31 cents per share it reported in the same quarter last year. read more >

J.B. Hunt Quarterly Profit Rises 6.5 Percent to $93.4M

J.B. Hunt Transport Services Inc. of Lowell reports second-quarter profit of $93.4 million, or 79 cents per share, up 6.5 percent from $87.7 million, or 73 cents per share, in the same quarter last year. But CEO John Roberts III cited a "difficult driver recruiting environment" that has challenged growth. read more >

Bank of the Ozarks 2Q Earnings Up 30 Percent

Bank of the Ozarks Inc. of Little Rock today reported second quarter net income of $26.5 million, a 29.9 percent increase compared to 2013, and net income for the first two quarters was up more than 28 percent. CEO George Gleason noted recent acquisitions but said it's the company's "ability to organically grow our portfolio of high quality, good yielding loans and leases" that have been even more important. read more >

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