Investments Archive

E-Z Mart CEO Sonja Hubbard Appointed to Chair Arkansas Research Alliance

by Mark Carter 2/1/2016 10:09 am

The Arkansas Research Alliance has named Sonja Hubbard, president and CEO of Texarkana's E-Z Mart Stores Inc., chairman of its board of directors and added four new board members.

Murphy USA Plans for Growth Without Wal-Mart

by Joan Hershberger, El Dorado News-Times 2/1/2016 07:52 am

Murphy USA's newest direction came as the result of Wal-Mart's decision to develop its own gasoline program. But the abrupt change in the business relationship did not catch Murphy USA CEO Andrew Clyde unprepared.

Investor Group Paid $12.4M for Gateway Property

by Arkansas Business Staff 2/1/2016 12:00 am

The total purchase price for the approximately 54 acres around the Outlets of Little Rock and Bass Pro Shops in southwest Little Rock was about $12.4 million

Dale Bartlett Items Sold at Auction

by Arkansas Business Staff 2/1/2016 12:00 am

Former Turner Grain co-owner Dale Bartlett's sale of rare coins brought in about $18,000, and all the items sold at the Jan. 14 auction generated nearly $60,000.

East Little Rock's 'Innovation Alley' Drawing Grit, Funk Lovers

by George Waldon 2/1/2016 12:00 am

Margaret McEntire has found herself in the midst of a second redevelopment wave in downtown Little Rock. A player on the River Market scene since 1999, McEntire is now hosting change instead of making it happen.

Quartet of Apartments Produces $49.6M Buy (Real Deals)

by George Waldon 2/1/2016 12:00 am

Fairfield Apartments, Berkley Apartments, Pleasant Pointe Apartments and Valley Crossing Apartments, all in west Little Rock, were sold to affiliates of Monarch Investments of Colorado.

Facebook Posts Raise Questions For Employers

by Mark Friedman 2/1/2016 12:00 am

The Arkansas Court of Appeals ruled in December that a woman who was fired for posting “arguably” critical comments about her employer on Facebook could receive unemployment benefits. It's the latest decision in an escalating legal war between employment and social media.

Panic is Passé: Investors Stay Steady on Retirement Savings

by Associated Press 1/27/2016 11:52 am

Investors are keeping their cool — and keeping their hands off of their retirement accounts — despite huge swings in the stock market that sent it careening to its worst start to a year ever.

Automobile Dealers Expand Their Holdings

by Marty Cook 1/25/2016 12:00 am

Mark McLarty, whose McLarty Automotive Group has purchased a handful of dealerships in Arkansas and Missouri in the past 18 months, isn't alone in building a dealership portfolio.

Artisan Food Sees Growth In Arkansas

by Jan Cottingham 1/25/2016 12:00 am

These retailers — who sometimes are also wholesalers — make food in part to make connections and to preserve local culture and traditional methods. In the process, they've turned into employers and a source of jobs. They're business people; they're entrepreneurs.

As Sentencing Approaches, Dennis Smiley Attorney Says Banks Share Responsibility

by Arkansas Business Staff 1/25/2016 12:00 am

H. Dennis Smiley Jr., the former president of Arvest Bank's Benton County market, expects to go to federal prison after he is sentenced Thursday for bank fraud.

Ridgecrest Emerges From $3.6 Million Sale (Real Deals)

by George Waldon 1/25/2016 12:00 am

Tri-5 LLC, an affiliate of Trinity Multifamily in Fort Smith, bought the 110-unit Warren House Apartments at 2000 Reservoir Road and the 112-unit Warren Terrace Apartments at 1900 Reservoir Road.

A Matter of Life in Debt (Editorial)

by Arkansas Business Editors 1/25/2016 12:00 am

Dennis Smiley is almost a caricature. How could any intelligent, well-educated person — a banker, no less — mistake debt for wealth? How could he have overspent more than the vast majority of Americans, even well-paid ones, will earn in a lifetime of honest work?

Mark Barnett To Lead EGP in New Jonesboro Office (Movers & Shakers)

by Arkansas Business Staff 1/25/2016 12:00 am

Mark Barnett Jr. has been hired to lead the new Jonesboro location of EGP PLLC Certified Public Accountants & Consultants. As branch director, Barnett will spearhead the firm's efforts in accounting, auditing and financial consulting services for businesses and individuals.

A Master Class in Feedback (Barry Goldberg On Leadership)

by Barry Goldberg 1/25/2016 12:00 am

Every year, aspiring singers participate in auditions for the New York Metropolitan Opera. Judges provide feedback to each of the singers. Most of the conversations were great examples of powerful feedback, delivered with skill and impact.

Simmons First 4Q Net Income Up 90 Percent

by Arkansas Business Staff 1/21/2016 11:57 am

Simmons First National Corp. of Pine Bluff on Thursday reported fourth-quarter net income of $23.9 million, up 90 percent from $12.6 million it reported in the same quarter last year.

JB Hunt 4Q Net Income Up 6 Percent

by Arkansas Business Staff 1/21/2016 11:01 am

J.B. Hunt Transport Services Inc. of Lowell on Thursday reported fourth quarter net earnings of $116.7 million, up about 6 percent from the same quarter last year.

Home BancShares 4Q Net Income Up 25 Percent

by Alexis Hosticka 1/21/2016 09:30 am

Home BancShares Inc. of Conway on Thursday announced fourth-quarter net income of $37.4 million, up 25 percent from the same quarter last year and its 19th straight quarter of record profit.

Wren Corner Retail Center Tops Trio of Conway Million-Dollar Deals

by Arkansas Business Staff 1/18/2016 12:00 am

A retail project, an auto swap and a clinic provide a trio of multimillion-dollar deals in Conway.

Cadron Creek Capital Closes With 55 Investors

by Arkansas Business Staff 1/18/2016 12:00 am

As of January, the first Cadron Creek fund was closed with 55 investors (made up of 60 individuals) and $1.525 million.