Investments

Springdale's Core Brewery Seeks Funding

Springdale's Core Brewery Seeks Funding

Core Brewing & Distilling Co. LLC has increased the amount it's offering investors in the Springdale company, to $3.5 million worth of shares of the business, of which $2.2 million has been sold.
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Dollar Tree To Set Roots in Farmington

Interior renovations are ongoing at a 7,600-SF building at 219 W. Main. The Tamarron Investment Group, through its Abbey Fund, bought the property for $400,000 in February 2015 from Richard Srygley's RCS Land Co. LLC.
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Cities in Arkansas Scrambling to Fill Vacant Walmart Locations

Since Wal-Mart Stores Inc. announced last month it was closing 154 stores in the United States, Gentry Mayor Kevin Johnston has been on the phone and sending emails trying to attract a grocery store to the Benton County town.
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Developmental Center Sells for $3.2 Million (Real Deals)

The sale of a 30,565-SF clinic in Little Rock, a string of apartments in the Hillcrest area and an 82-room motel in southwest Little Rock top the latest real estate transactions in Pulaski County.
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Windstream Adds Jeannie Diefenderfer, Larry Laque to Board

Diefenderfer and Laque qualify as independent board members under Nasdaq-listing requirements. Diefenderfer will serve on the board's governance committee while Laque will serve on the audit committee, according to company officials. read more >

Jacksonville Mayor: Millage Vote a 'Game Changer'

Jacksonville's new high school should be open by the fall 2019, thanks to voters who on Tuesday approved a 7.6 mill property tax increase to fund facilities. read more >

Tech Park Talks Timeline with KATV; Mary Good to Step Down

Sinclair Broadcasting will need at least three years to move its Little Rock ABC affiliate, KATV Channel 7, from its building at Main and Fourth, Little Rock Technology Park Director Brent Birch told board members Wednesday. read more >

Donny Rogers Named President of Arvest Trust

Arvest Wealth Management CEO Jim King said Tuesday that Donny Rogers has been selected to replace Diane Wells as Arvest Trust president following Wells' planned retirement earlier this year. read more >

Yellen: Slower Rate Hikes On Tap If Economy Disappoints

Federal Reserve Chair Janet Yellen said the U.S. economy faces a number of global threats that could hamper growth and compel the Fed to slow the pace of future interest rate hikes. read more >

Developers Plan Staybridge Suites for Midtown Little Rock

A local partnership group called Midtown Hospitality LLC plans to invest $13 million to bring a Staybridge Suites hotel to a 2.69-acre site at University Avenue and 12th Street in Little Rock. read more >

PAM Transport Reports Record Quarterly, Yearly Earnings

PAM Transport Inc. of Tontitown reports fourth-quarter income of $3.2 million, up from $2.1 million in the same quarter of 2014. read more >

Arkansas Sees Volume, Value of Biggest Deals Drop

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion. read more >

Personal Income in Arkansas Metro Areas See Increase

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith. read more >

Debbie Northington Hired as New Windstream VP (Movers & Shakers)

Debbie Northington has been hired by Windstream Holdings Inc. in Little Rock as vice president of human resources. read more >

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