Investments Archive

Thomas Longe Appointed to Home BancShares Board of Directors

by Arkansas Business Staff 10/21/2014 04:38 pm

Home BancShares Inc. of Conway, the parent company Centennial Bank of Conway, has appointed Thomas J. Longe to its board of directors.

ARK Challenge: Fair Share Data Swinging for Fences, Consumers

by Mark Carter 10/20/2014 01:35 pm

Matt Bakke's idea for an "anti-loyalty" program for businesses and consumers led to the founding Fair Share Data in Bentonville and applying for the ARK Challenge's fall installment in Little Rock.

PAC, Lobbyist Donations Nearing $1M in Contested State Legislative Races

by Lee Hogan 10/20/2014 11:39 am

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.

UA Study: Well Connected CEOs Can Be Bad for Firms They Lead

by Arkansas Business Staff 10/20/2014 09:28 am

A University of Arkansas study suggests that the more socially connected a chief executive officer is, the less success his firm experiences.

16 Arkansas Public School Superintendent Jobs Top $200,000

by Gwen Moritz 10/20/2014 12:00 am

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.

Top College Officials See Sizable Pay Raises

by Mark Friedman 10/20/2014 12:00 am

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.

TiFiber Receives ASTA Funding for Development of Antibacterial Treatment

by Mark Carter 10/17/2014 08:27 am

Fayetteville's TiFiber has received a $75,000 investment from the Arkansas Science & Technology Authority for further development of an antibacterial treatment.

Wal-Mart Lowers Revenue Outlook for Year; Shares Drop

by Associated Press 10/15/2014 03:19 pm

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.

Bank of the Ozarks 3Q Net Income Up 21 Percent

by George Waldon 10/15/2014 12:32 pm

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.

J.B. Hunt 3Q Net Income Up 14 Percent

by Lance Turner 10/14/2014 10:41 am

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.

ARK Challenge: Spencer Jones' Light Bulb Moment Could Benefit Patients

by Mark Carter 10/14/2014 08:44 am

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.

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

by Arkansas Business Staff 10/13/2014 12:00 am

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.

Mark Millsap on Why the Federal Reserve May Have Zero Interest in Repairing the Economy

by Arkansas Business Staff 10/13/2014 12:00 am

Mark Millsap is a co-owner of Foundation Resource Management, which has a team of six investment professionals and five administrative employees managing approximately $2.1 billion.

The Mind of an Entrepreneur (Mitch Bettis Publisher's Note)

by Mitch Bettis 10/13/2014 12:00 am

On Oct. 24, Arkansas Business, in partnership with the College of Business at the University of Arkansas at Little Rock, is hosting another Power Breakfast executive panel.

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

by George Waldon 10/13/2014 12:00 am

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.

Arvest Extends Lead on List of Largest Trust Departments

by Gwen Moritz 10/13/2014 12:00 am

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

More Baby Boomers' 401(k) Plans Not Financially Ready for Retirement

by Mark Friedman 10/13/2014 12:00 am

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.

Tom Dalton of Innovate Arkansas: Funding for Early Stage Startups Has Increased

by Mark Carter 10/10/2014 09:28 am

Innovate Arkansas director Tom Dalton writes in the INOV8 blog that funding for early stage, tech-based startup ventures in Arkansas has increased dramatically in the past six years.

ARK Challenge: Politapoll Aims to Give Voice to Disenfranchised

by Mark Carter 10/8/2014 08:50 am

Politapoll, a startup participating in the fourth installment of the ARK Challenge accelerator, enables citizens to tell their legislators exactly where they fall on specific issues and also provides a legislative report card to constituents.

Grant Goes to Arkansas Company Making Compostable Bag

by Associated Press 10/6/2014 02:45 pm

A company affiliated with the University of Arkansas that makes a compostable bag as a substitute for plastic bags has been awarded a $741,221 grant by The National Science Foundation.