Investments Archive

Tianyuan Garment Factory Turns Tide: 400 Jobs ‘Reshored' to Little Rock

by Sarah Campbell 11/28/2016 12:00 am

A Chinese garment maker's plan to spend $20 million building a factory in Little Rock is an example of a manufacturing phenomenon that is picking up steam as automation begins to wash out the labor cost advantage that for decades enticed manufacturers to move overseas.

Harding Professor Phil Brown's 4 Ways Arkansas Companies Can Keep Accounting Recruits

by Arkansas Business Staff 11/28/2016 12:00 am

Phil Brown is a professor and co-chair of the Harding University Accounting & Finance Department at Searcy.

Business Equipment: Leases vs. Loans (Marcus Guinn Expert Advice)

by Marcus Guinn 11/28/2016 12:00 am

Small-business owners often bring their consumer mindset to running their businesses, particularly in the early years of owning. In many regards this mindset is helpful, but it can also hinder progress when it comes to the idea of leasing.

Tyson Foods' 4Q Profit Misses Expectations, Shares Fall 15 Percent

by Marty Cook 11/21/2016 12:28 pm

Tyson Foods Inc. of Springdale reports fiscal fourth-quarter earnings of $391 million, or $1.03 per share.

Pinnacle, Central Bank Combo Builds Assets To $200M

by George Waldon 11/21/2016 12:00 am

There are a lot of moving parts to the acquisition equation in the pending merger of Pinnacle Bank of Rogers and Central Bank of Little Rock.

America's Car-Mart Reports 2Q Income of $5M

by Arkansas Business Staff 11/18/2016 11:35 am

America's Car-Mart Inc. of Bentonville on Thursday reported fiscal second-quarter income of $5 million, up from a loss of $495,000 it reported in the same quarter a year ago.

Simmons First to Pay $72M for Third Bank in Tennessee

by Gwen Moritz 11/17/2016 07:04 pm

Simmons First National Corp. of Pine Bluff has struck a deal to acquire another Tennessee bank: First South Bank of Jackson.

Wal-Mart's Profit Falls But Beats Estimates; Revenue Misses

by Anne D'Innocenzio, The Associated Press 11/17/2016 07:24 am

Wal-Mart Stores Inc. reports third-quarter profit fell 8.2 percent, dragged down by investments in e-commerce and its stores. Earnings beat Wall Street estimates but revenue fell short of expectations. E-commerce sales accelerated to 20.6 percent, from 11.8 percent in the prior quarter.

Trustee: Turner Grain Transferred $100M to Related Firms

by Mark Friedman 11/14/2016 12:00 am

Turner Grain Merchandising Inc. of Brinkley transferred nearly $100 million to its related companies a year before it filed for bankruptcy protection, according to lawsuits recently filed by its Chapter 7 trustee.

Peco Foods Delivers $35M Boost for Corning's Bruised Economy

by George Waldon 11/14/2016 12:00 am

The opening of the Peco feed mill in Corning earlier this year broke a long dry spell of big industrial development news for Corning and provided a glimmering counterpoint to the closing of the 44-year-old L.A. Darling plant.

After Ray Dillon's $3M Exit, Deltic Timber Seeks a CEO

by Kyle Massey 11/14/2016 12:00 am

In the month since Ray C. Dillon retired as CEO of Deltic Timber Corp. — a departure seen as surprising and sudden — he and officers of the El Dorado company have had little to say about the transition.

Dillard's Sees 3Q Profit Down 50 Percent Amid More Sales Declines

by Arkansas Business Staff 11/10/2016 04:06 pm

Dillard's Inc. of Little Rock reports third-quarter net income of $22.8 million, down 50 percent from the same quarter last year, and same-store sales continued a streak of declines. CEO William Dillard II said the retailer is working through a "tough time."

Medical Marijuana: A Fact of Life for Arkansas Employers (Stuart Jackson Commentary)

by Stuart Jackson 11/10/2016 09:57 am

Arkansas is the latest of many states to allow medical marijuana. What does the new law do, and how will it play out in the Arkansas workplace?

US Stocks Gain Following Trump Victory; Bond Prices Tumble

by Associated Press 11/9/2016 11:26 am

Major U.S. stock indexes moved higher in morning trading Wednesday as Wall Street sized up the implications of Donald Trump's stunning presidential election victory.

Home BancShares Announces $88.5M Florida Bank Buy

by George Waldon 11/7/2016 04:59 pm

The parent company of Centennial Bank today announced the purchase of Giant Holdings Inc., the parent of Landmark Bank of Fort Lauderdale, for $70 million in stock and $18.5 million in cash.

Murphy USA Income Down in Third Quarter

by Kyle Massey 11/7/2016 04:25 pm

The El Dorado-based gasoline retailer states third-quarter net income of $45.5 million, or $1.16 per diluted share, falling short of analysts' estimates.

Acxiom Reports $7M 2Q Profit

by Arkansas Business Staff 11/7/2016 04:02 pm

Acxiom Corp. of Little Rock reports third-quarter earnings of $7.1 million, down 33 percent from $10.7 million in the same quarter last year, while revenue rose 5 percent to $217 million.

Windstream Reports $66M 3Q Loss, Revenue Down 10 Percent

by Lance Turner 11/7/2016 11:16 am

Windstream Holdings Inc. of Little Rock reports another third-quarter net loss as revenue declined 10 percent and the company announced a $1.1 billion merger.

Update: Windstream, EarthLink to Merge in $1.1B All-Stock Deal

by Sarah Campbell and Lance Turner 11/7/2016 06:39 am

Windstream Holdings Inc. of Little Rock and EarthLink Holdings Corp. of Atlanta announced Monday an agreement to merge in an all-stock deal valued at about $1.1 billion, including debt.

Lazenbys Face Loss Of Homes, Business

by George Waldon 11/7/2016 12:00 am

Centennial Bank of Conway is restarting its $2.6 million foreclosure action against Little Rock real estate investor Ron Lazenby.