Investments Archive

Apartments in Northwest Arkansas Still in High Demand

by Marty Cook 8/24/2015 12:00 am

A recent apartment market study reported that occupancy rates for northwest Arkansas were 98 percent or higher in each of the four major cities.

Peck Family Trust Squabble in Court Again

by Arkansas Business Staff 8/24/2015 12:00 am

Little Rock restaurateur Capi Peck and her sisters, Ashley Peck O'Dell of Little Rock and Alison Ashley Peck of White Plains, New York, have both taken legal shots against their father's widow, Hannah Peck, concerning her actions as trustee of the Peck Family Trust.

Being Interesting to Buyers (Jim Karrh On Marketing)

by Jim Karrh 8/24/2015 12:00 am

The rules of customer engagement have changed dramatically in recent years: Your potential buyers know more — or at least believe that they know more — than ever.

Securities Department Issues Third Order Against Timothy Lilly

by Gwen Moritz 8/21/2015 03:49 pm

A Mayflower man with a history of problems with state regulators is the subject of a cease-and-desist order issued Thursday by Arkansas Securities Commissioner Edmond Waters.

Big River Tabs David Stickler as New CEO

by Arkansas Business Staff 8/20/2015 03:41 pm

Stickler is a member of Big River's board of directors and had served as its chief administrative officer. In addition, board member Dan Murray was appointed chairman and Big River Construction Manager Jim Bell was elected to the board.

Big River's John Correnti Found Dead in Chicago

by Arkansas Business Staff 8/19/2015 09:01 am

John Correnti, CEO of Big River Steel, was found dead Tuesday in Chicago. He was 68. A cause of death has not been released. Correnti was leading the $1.3 billion steel mill project being built south of Osceola in Mississippi County.

Tom Dalton: ARK Challenge Will Continue

by Mark Carter 8/18/2015 09:45 am

Despite laying low since graduating its 2014 classes, one in Fayetteville and one in Little Rock, the ARK Challenge tech startup accelerator will continue in northwest Arkansas.

Wal-Mart Cuts Earnings; Reports 2Q Drop

by Arkansas Business Staff 8/18/2015 07:02 am

Wal-Mart Stores Inc. of Bentonville cut its earnings outlook early Tuesday, reporting an 11.4 percent drop in second-quarter profit.

Edward Jones to Pay $20M to Settle Federal Bond Sales Probe

by Associated Press 8/13/2015 12:38 pm

Edward Jones has agreed to pay more than $20 million to settle claims by federal regulators that the brokerage firm and its former head of municipal underwriting overcharged customers in new municipal bonds sales, the U.S. Securities and Exchange Commission announced Thursday.

Tech Park Negotiating with Banks to Finance First Phase

by Mark Carter 8/13/2015 10:05 am

The Little Rock Tech Park Authority Board will negotiate with a consortium of local financial institutions on a plan to finance $17.5 million for development of the park's first phase along Main Street in downtown Little Rock.

Windstream Spinoff Reports $8.3M in Income, $128.7M in Sales

by Lance Turner 8/13/2015 07:08 am

Communications Sales & Leasing Inc. of Little Rock issued its first quarterly earnings report on Thursday, showing $8.3 million in net income and revenue of $128.7 million.

Dillard's 2Q Net Down 13 Percent, Same-Store Sales Up 1 Percent

by Lance Turner 8/13/2015 06:47 am

Dillard's Inc. of Little Rock on Thursday reported second-quarter net income of $29.9 million, or 75 cents per share, down 13 percent from $34.5 million, or 80 cents per share, in the same quarter last year.

USA Truck Moves On Under New CEO Tom Glaser

by Marty Cook 8/10/2015 12:00 am

At age 65 after a long career in the trucking industry, Tom Glaser couldn't resist answering USA Truck's call. Glaser, a member of the Van Buren company's board of directors, stepped in as interim COO when CEO John Simone took a leave of absence.

Windstream Reports 2Q Loss of $111M, Plans $75M Share Repurchase

by Sean Beherec 8/6/2015 07:11 am

Windstream Holdings Inc. of Little Rock on Thursday reported a second-quarter loss of $111 million, down from a profit of $14 million in the same quarter last year. But the company said there were gains in some divisions and noted "improving financial trends."

Acxiom Reports 1Q Loss of $1M, Revenue Up 5 Percent

by Lance Turner 8/5/2015 03:21 pm

Acxiom Corp. of Little Rock reports a fiscal first-quarter loss of about $1 million, an improvement from a loss of $7.6 million in the same quarter last year.

USA Truck 2Q Profit Up as Executives Streamline, Focus on Safety

by Marty Cook 8/4/2015 11:23 am

USA Truck Inc. of Van Buren on Tuesday reported second-quarter income of $2.4 million, up from $722,000 in the same quarter of 2014.

Delta Entrepreneurship Network Headed to Little Rock

by Mark Carter 8/3/2015 01:02 pm

The Delta Entrepreneurship Network, which launched the Delta Challenge pitch contest earlier this year, has scheduled a second round of six competitions including a contest in Little Rock scheduled for November.

UA Launching New Research Center with Federal Grant

by Arkansas Business Staff 8/3/2015 10:04 am

The Center for Advanced Surface Engineering will partner with Arkansas industries and create new products for use in manufacturing, aerospace and defense, agriculture, forestry, oil and gas, food packaging and health care.

AEDC Receives $20M to Expand University Research

by Arkansas Business Staff 8/3/2015 09:47 am

The Arkansas Economic Development Commission's Division of Science and Technology will receive $20 million from the National Science Foundation over five years to expand research at colleges and universities in Arkansas.

ArcBest 2Q Net Income Up 16 Percent

by Lance Turner 8/3/2015 07:21 am

ArcBest Corp. of Fort Smith on Monday reported second-quarter net income of $19.9 million, or 74 cents diluted earnings per share, up 16 percent from $17.2 million, or 63 cents, in the same quarter last year.