Investments Archive

Tyson Foods Foundation, Family Donate $500K to UA's eVersity

by Arkansas Business Staff 1/21/2015 10:47 am

The Tyson Foods Foundation Inc. and the Tyson family have donated $500,000 to the University of Arkansas System's online university, eVersity.

Jerry Jones Gives $10.65M to University of Arkansas Athletic Department

by Arkansas Business Staff 1/21/2015 10:22 am

The Jones' gift is a combination of cash to be paid over a five-year period and land donated to the Razorback Foundation. The donation will address several projects of the university's athletics department, including a 55,000-SF student-athlete center.

State PSCs OK Windstream REIT

by Sean Beherec 1/21/2015 09:32 am

Windstream Holdings Inc. of Little Rock on Wednesday said it has received regulatory approval from all of the state public service commissions required before its real estate investment trust could spin off from the company.

Investor Ivol Green Fined $100K by Arkansas Securities Department

by Arkansas Business Staff 1/19/2015 12:00 am

Do you remember the cease-and-desist order filed against Ivol Green of Little Rock and his Enterprise World Trust LLC by the Arkansas Securities Department almost three years ago? Well, it's getting worse.

Pulaski County Ranked High on U.S. List of Average Net Capital Gains

by Arkansas Business Staff 1/19/2015 12:00 am

This map reflects the percentage of taxpayers reporting net capital gains — the profits from sales of capital assets such as stock or real estate — by county in 2012. The shading of the counties is based on their rank out of 3,124 counties in the United States, with darker shades indicating higher values.

Finances Force Hoxie To Leave Regional Group

by Mark Friedman 1/19/2015 12:00 am

The city of Hoxie left the Northeast Arkansas Regional Intermodal Facilities Authority, an economic development group, because it couldn't afford the annual fees.

OREO ‘Cleansing' Helps Stabilize NWA Real Estate

by Marty Cook 1/19/2015 12:00 am

When the real estate bubble popped in 2008, it popped big time in northwest Arkansas, which generated more “other real estate owned” than Little Rock. Now, sales and an improving economy are bringing calm to a market once noted for speculation.

Neurological Caretaker Gets $2.1M Judgment as Family of Former Patient Points Fingers

by Mark Friedman 1/19/2015 12:00 am

After a two-year federal court fight that involved a trip to bankruptcy court, a Virginia rehabilitation center earlier this month was finally paid $2.1 million for providing five years of care to an Arkansan injured when a surgeon operated on the wrong side of his brain in 2004.

Creditors Urge Acme Liquidation, Auction of Allied Bank Stock

by George Waldon 1/19/2015 12:00 am

Three of the largest creditors of Acme Holding Co. want to see its Chapter 11 bankruptcy reorganization converted to Chapter 7 liquidation.

Bank of the Ozarks Net Income Up 42 Percent

by Arkansas Business Staff 1/16/2015 09:03 am

Bank of the Ozarks Inc. of Little Rock on Thursday reported a 42 percent increase in fourth-quarter net income.

Second Former Partner of John Rogers Files Suit, Seeks $12.3 Million

by George Waldon 1/15/2015 05:47 pm

The new lawsuit by Mac Hogan pushes the claims against the embattled newspaper archivist and sports memorabilia dealer upwards of $40 million. Hogan alleges that Rogers committed multiple acts of fraud as part of a Ponzi-style scheme that often involved phantom transactions.

New Lawsuit Says John Rogers Owes $9.6M in Loans, Unpaid Bill

by George Waldon 1/15/2015 11:09 am

Another collection lawsuit alleging fraud has been filed against embattled newspaper archivist and sports memorabilia dealer John Rogers.

Negotiations for Tech Park Properties Continue

by Arkansas Business Staff 1/15/2015 10:44 am

Little Rock tech park director Brent Birch told the board Wednesday that negotiations for targeted park properties along Main Street in downtown Little Rock are continuing. Birch said he is working with the city on a schedule of available funds to complete the purchase of the proposed properties.

Powered by Growth, Home BancShares Reports Record Annual, Quarterly Earnings

by Lance Turner 1/15/2015 08:29 am

Home BancShares Inc. of Conway, the parent company of Centennial Bank, on Thursday reported record annual and quarterly earnings as the bank holding company continued to grow through acquisitions.

LR Startup Looking to Make Merger Matches

by Mark Carter 1/14/2015 10:13 am

Merger Match from Little Rock startup founders and IT consultants Bridget Farris and Alese Stroud seeks to make proper matches out of potential mergers and acquisitions, and when necessary, stop them from happening.

UNC Innovation Chief Addresses Business Leaders at UALR

by Mark Carter 1/13/2015 03:54 pm

Judith Cone, chief innovation officer for the University of North Carolina's flagship campus in Chapel Hill, told leaders of central Arkansas' business community Monday evening that innovation is not a synonym for creativity, but a process.

Asa Hutchinson Lays out Plan to Compete in 'Global Marketplace'

by Associated Press 1/13/2015 12:26 pm

Arkansas Gov. Asa Hutchinson wants lawmakers to lower tax rates in an effort to compete in the "global marketplace."

Atlanta Group Offers $59M for John Rogers' Former Business Assets

by George Waldon 1/13/2015 10:48 am

Red Alert Media Matrix Inc. has signed a letter of intent to buy the photo archive and sports memorabilia assets of Sports Cards Plus Inc., which did business as Rogers Photo Archive; Planet Giant LLC and Digital Stock Planet LLC and Photo Archive Partners LLC, which did business as John Rogers Partners LLC.

Chief Revenue Officer Nada Stirratt Departing Acxiom

by Sean Beherec 1/12/2015 05:03 pm

Stirratt, who also served as executive vice president, joined the company in 2012. Her resignation is effective March 31. Acxiom said Stirratt is pursuing other opportunities and will help with the transition leading up to her departure.

Innovate Arkansas Helping Build Tech Startup Scene

by Mark Carter 1/12/2015 12:00 am

Since its creation, IA has received almost 500 applications and as of the third quarter of 2014 had signed agreements with 213 of them. Plus, Innovate Arkansas Director Tom Dalton said there are 38 startups in the IA pipeline being reviewed for inclusion as Innovate Arkansas client firms.