Investments

Success of Slim Chickens Restaurant Chain Eggs On Investors for $2.5M More

Success of Slim Chickens Restaurant Chain Eggs On Investors for $2.5M More

Slim Chickens Development Co. LLC, the Fayetteville company behind the popular restaurant chain, last month filed a Form D with the U.S. Securities & Exchange Commission indicating it plans to raise $2.5 million.
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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.
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More Baby Boomers' 401(k) Plans Not Financially Ready for Retirement

Baby boomers between 55 and 64 haven't squirreled away that much money for retirement, though some Arkansas money managers say their clients mostly will be financially ready.
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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.
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ARK Challenge: Fair Share Data Swinging for Fences, Consumers

Fair Share Data aims to collect consumer purchasing data, for which businesses compete and ultimately benefitting consumers. Here's how it works: Consumers provide their banking information to Fair Share via secure form and future transactions are stored in a database. Fair Share monitors these transactions and uses them as leverage to get perks for their users. read more >

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. 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 >

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 >

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 >

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 >

Arvest Extends Lead on List of Largest Trust Departments

This week, Arkansas Business presents three industry lists with the common theme of wealth management: trust departments, money managers and broker-dealers. read more >

Fraud Helped Extend One Bank's Solvency, Hunt Company's Lawsuit Alleges

An injection of $17.3 million in U.S. Treasury TARP funds five years ago saved Little Rock's One Bank & Trust from insolvency. A lawsuit against the bank's parent company, One Financial Corp., alleges that deception was deployed to obtain that money. read more >

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