Investments

Johnny Allison Plays Market for Gains After Brexit 'Bank Sale'

Johnny Allison Plays Market for Gains After Brexit 'Bank Sale'
Johnny Allison

The U.K.'s June 23 vote to leave the European Union, which sent a brief shockwave through the U.S. stock market, presented Home BancShares Inc. CEO Johnny Allison with an opportunity to do some bank investing.
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Creditors Force Sale of Walter Quinn's Aspen Condo

A new spiral is taking shape in the Lex Golden-Allied Bank-Walter Quinn nexus.
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Gaillardia Club Woes Spawned Phil Herrington Bankruptcy

Herrington's $13.45 million Chapter 11 reorganization, filed on March 18, represents one of the largest debt totals in a personal bankruptcy filing in recent years in Arkansas. He listed $5.1 million in assets.
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Business Interest Sale Pushes Murphy Oil to 2Q Profit

The El-Dorado based energy giant posted net income of nearly $3 million, or 2 cents per diluted share, attributed to the sale of its interest in Syncrude, an oil-sands producer in Canada, and Montney natural gas processing and pipeline assets, also in Canada. read more >

Little Rock Doctor Robert Barrow Sentenced to 2 Years in Prison

Barrow admitted billing for massage therapy as if it were physical therapy. He was ordered to pay almost $735,000 in restitution to patients and Arkansas Blue Cross & Blue Shield. read more >

Chambers Bank Lands $2 Million Golden Judgment

The latest ruling is one in a string of lawsuits spawned by the bankruptcy of Acme, the parent company of Allied Bank of Mulberry. Under the Golden family's ownership and management, the bank has lost more than $14 million since 2010. read more >

Banker Randy Scott Plays Part on East Arkansas Farm Team

Randy Scott is the president and chief operating officer of Farmers Bank & Trust in Blytheville. A 26-year veteran of banking, he has worked the last 16 years at Farmers. read more >

No Bonuses But Salaries Up for America's Car-Mart Execs

Executives at America's Car-Mart Inc. of Bentonville did not receive cash incentive bonuses for the third consecutive year. read more >

Bear State Financial: 2Q Net Income Up 80 Percent

Bear State Financial Inc. of Little Rock reports second-quarter net income of $4.5 million, up 80 percent from the same quarter last year. read more >

College Marketplace in Fayetteville Sells For $23M

A California real estate investor paid more than $23 million for College Marketplace in Fayetteville, the five-acre shopping center that is anchored by Whole Foods Market at 3425 N. College Ave. read more >

Home BancShares 2Q Net Income Up 28 Percent to New Record

Home BancShares Inc. of Conway reports second-quarter net income of $43.5 million, up 28 percent from the same quarter last year. read more >

Simmons First 2Q Net Income Up 14 Percent

Simmons First National Corp. of Pine Bluff announces second-quarter net income of $22.9 million, up 14 percent from the same quarter last year, as the company continued to integrate recent acquisitions. read more >

Wall Street Journal: Bank of the Ozarks Fills Loan Void in Big Markets

The Wall Street Journal today takes a look at Bank of the Ozarks Inc. of Little Rock, which it says is filling a loan void in big markets like New York and Houston. read more >

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