Home BancShares 3Q Profit Up 22 Percent
Johnny Allison

Home BancShares 3Q Profit Up 22 Percent

Home BancShares Inc. of Conway reports record quarterly profit of $43.6 million, up 22 percent from the same quarter last year.
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JB Hunt 3Q Earnings Down 3 Percent

J.B. Hunt Transport Services Inc. of Lowell on Monday reported third-quarter net earnings of $109.4 million, down 5 percent from the same time last year.
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Farmers Bank of Magnolia Looks To Prosper with Texas Branch

Twelve of the 103 banks chartered in Arkansas have branches in other states. One of them is Farmers Bank & Trust of Magnolia, which was doing business 50 miles away in Texarkana, Texas, even before it acquired 1st Bank early last year.
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Simmons First 3Q Net Income Up 8 Percent

Simmons First National Corp. of Pine Bluff on Wednesday reported third-quarter net income of $23.4 million, up 8 percent from the same quarter last year. read more >

In Little Rock, Chase Economist Finds Economic Recovery Going Well

"We're not in crisis; we're getting back on our feet," economist Jim Glassman told business professionals Wednesday at an economic outlook luncheon. read more >

McLarty Capital Partners, USDA Launch Private Investment Fund

The U.S. Department of Agriculture has partnered with McLarty Capital Partners of Little Rock to launch a private investment fund the two groups said could inject $100 million in rural small businesses. read more >

D1 Sports Property Deal Worth $3.1 Million

An athletic training facility, two warehouses and a 4,788-SF home form our Little Rock quartet of multimillion-dollar transactions this week. read more >

Inuvo Sets $100M Goal For Annual Revenue

Inuvo CEO Richard Howe is explicit about the company's goal: It should be posting $25 million in revenue per quarter by the fourth quarter of next year. In other words, by 2018, it should be a $100 million company. read more >

Arvest Introduces Asa Cottrell as SVP, Sales Manager for Central Arkansas (Movers & Shakers)

Most recently, Cottrell served as a senior vice president and manager of Arvest Wealth Management for the bank's Little Rock and Fort Smith markets. read more >

Arkansas Cooperatives Apply Rural Electrification Model to Internet Access

Ouachita Electric in Camden, North Arkansas Electric in Salem (Fulton County) and Ozarks Electric in Fayetteville plan to deliver internet via fiber optic cable to their members in the next few months. read more >

Bank of the Ozarks' 3Q Net Income Up 65 Percent

Bank of the Ozarks Inc. of Little Rock reports record third-quarter net income of $76.0 million, up 65 percent from the same quarter last year, as it completed two major bank acquisitions. read more >

Ray Dillon Retires from Deltic, Mark Leland Named Interim CEO

The board of directors of Deltic Timber Corp. announced Monday the retirement of Ray C. Dillon as president and CEO and elected a new director, D. Mark Leland, as interim president and CEO. read more >

Little Rock's Metrocentre Mall District Begins Dissolution Process

Property owners in downtown Little Rock's Metrocentre Improvement District No. 1 are finally getting a break from decades of shouldering $12.5 million of debt. read more >

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