Investments

ARK Challenge: Fair Share Data Swinging for Fences, Consumers
Matt Bakke of Fair Share Data

ARK Challenge: Fair Share Data Swinging for Fences, Consumers

Matt Bakke's idea for an "anti-loyalty" program for businesses and consumers led to the founding Fair Share Data in Bentonville and applying for the ARK Challenge's fall installment in Little Rock.
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Simmons First 3Q Earnings Up 27 Percent

Simmons First National Corp. of Pine Bluff reports third-quarter earnings of $8.8 million, or 52 cents per share, up 27 percent from $6.9 million, or 43 cents per share, during the same quarter last year. Simmons also reported “core earnings” of $10.7 million, up 45 percent from the same quarter last year.
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Thomas Longe Appointed to Home BancShares Board of Directors

Home BancShares Inc. of Conway, the parent company Centennial Bank of Conway, has appointed Thomas J. Longe to its board of directors.
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PAC, Lobbyist Donations Nearing $1M in Contested State Legislative Races

Less than three weeks before Election Day, political action committees and lobbyists have already pumped more than three-quarters of a million dollars into contested state Senate and House races across the state.
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ArcBest Increases Dividend; ABF Freight Raises Rates

The board of directors of ArcBest Corp. of Fort Smith says the company is increasing its quarterly cash dividend from 3 cents per share to 6 cents per share. read more >

Turner Grain Collapse Prompts Legislation

The Arkansas Agriculture Department is working on legislation to prevent companies like Turner Grain Merchandising Inc. of Brinkley from suffering similar collapses that cost farmers millions of dollars. read more >

UA Study: Well Connected CEOs Can Be Bad for Firms They Lead

A University of Arkansas study suggests that the more socially connected a chief executive officer is, the less success his firm experiences. read more >

16 Arkansas Public School Superintendent Jobs Top $200,000

The list includes 247 current-year superintendents of public school districts and a few charter schools, and it ranks them by the total compensation package — salary plus benefits — paid to the superintendent of that school district in the 2013-14 academic year. read more >

Top College Officials See Sizable Pay Raises

Arkansas Business reviewed the Administrator's Compensation Survey reports filed with the state Department of Higher Education for the 2010 and 2014 fiscal years. In the four-year period, the number of six-figure employees included in the report increased from 460 to 703. read more >

TiFiber Receives ASTA Funding for Development of Antibacterial Treatment

Fayetteville's TiFiber has received a $75,000 investment from the Arkansas Science & Technology Authority for further development of an antibacterial treatment. read more >

Wal-Mart Lowers Revenue Outlook for Year; Shares Drop

Wal-Mart Stores Inc. says a tougher sales environment will hurt its revenue this fiscal year. The retailer says it expects revenue will be up 2 to 3 percent over the prior fiscal year, down from a previous estimate of 3 to 5 percent. read more >

Bank of the Ozarks 3Q Net Income Up 21 Percent

Bank of the Ozarks Inc. of Little Rock announced net income for the third quarter grew by 21.3 percent to $32.1 million. Profits were backed by record quarterly net interest income of $74.6 million, a 47.4 percent increase from a year ago. read more >

J.B. Hunt 3Q Net Income Up 14 Percent

J.B. Hunt Transport Services Inc. of Lowell on Tuesday reported third-quarter net income of $102.4 million, or 87 cents per share, up 14 percent from $89.5 million, or 75 cents per share. read more >

ARK Challenge: Spencer Jones' Light Bulb Moment Could Benefit Patients

The road to entrepreneurship takes many different routes. For some, entrepreneurship seems to exist as part of their DNA. For others, a light bulb moment illuminates the way. read more >

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