Investments Archive

Berkshire Hathaway Reduces Goldman Sachs, Wal-Mart Stakes

by Associated Press 11/16/2015 09:56 am

Investor Warren Buffett's company sold some of its Goldman Sachs and Wal-Mart shares during the third quarter, and made several smaller changes to its stock portfolio.

Dillard's 3Q Net Income Down 17 Percent; Same-Store Sales Down 4 Percent

by Lance Turner 11/16/2015 07:22 am

Dillard's Inc. of Little Rock is the latest retailer to report disappointing earnings ahead of the holiday shopping season. Shares ended the day down 6 percent.

Uptown Fayetteville Rediscovers Popularity

by Marty Cook 11/16/2015 12:00 am

Jeremy Hudson and others are putting faith and money into the Steele Crossing area of north Fayetteville.

Commercial Construction Finds Home In Jonesboro

by George Waldon 11/16/2015 12:00 am

Several new projects and redevelopments along Jonesboro's thoroughfares are simmering, contributing to a tally of commercial construction that topped $66 million through the first nine months of 2015.

Big River Steel Mill Rises in Northeast Arkansas

by Jan Cottingham 11/16/2015 12:00 am

The construction of the Big River Steel mill is a project defined by superlatives: at $1.3 billion, the biggest economic development project in Arkansas history; at $700 million, the biggest construction project in the state; one of the most technologically advanced, etc.

JC Penney Reports Loss, Sales Growth, But Shares Skid

by Associated Press 11/13/2015 11:27 am

J.C. Penney reported stronger-than-expected sales for the third-quarter, but the department store operator's failure to raise its forecast for the year appeared to add to worries that the holiday shopping season could turn out to be a dud.

Stocks Set to End Winning Streak as Retail Gets Slammed

by Associated Press 11/13/2015 11:15 am

Sharp declines in retailers are dragging stocks lower as the market heads for its first losing week after six straight weeks of gains.

Tech Park Board Gives Birch Raise, Braces for Eminent Domain

by Mark Carter 11/12/2015 10:05 am

The Little Rock Technology Park Authority Board on Wednesday voted to give its director a 5 percent raise and braced for a possible eminent domain lawsuit.

Jeff Standridge of Newly Launched Cadron Creek Capital Talks Conway Investment

by Mark Carter 11/11/2015 09:34 am

Acxiom Vice President Jeff Standridge believes Conway is overdue to make its own mark on the state's tech startup ecosystem and hopes his new fund can help.

Bank of the Ozarks Buys C1 Financial of Florida in $402M Deal

by Lance Turner and George Waldon 11/10/2015 07:14 am

Bank of the Ozarks Inc. of Little Rock said late Monday that it has purchased C1 Financial Inc. of St. Petersburg, Florida, and its wholly owned bank subsidiary, C1 Bank, in all-stock deal worth $402.5 million.

Investment Group Headed by Johnelle Hunt Alleges Fraud in One Bank Lawsuit

by Arkansas Business Staff 11/9/2015 12:00 am

Extraordinary items have provided the $329 million-asset One Bank & Trust with three quarterly respites from losses during the past 18 months. But more courtrooms await the bank since being sued by BHL Financing

With No Pending Acquisitions, Simmons Execs Enjoy Bank Holiday

by Arkansas Business Staff 11/9/2015 12:00 am

With no bank conversions on the docket, Simmons First National executives are taking a quick breather.

John Hancock Insurance Loan to Scooter Stuart Gains New Life in Lawsuit

by George Waldon 11/9/2015 12:00 am

Layton "Scooter" Stuart received a $20 million life insurance policy with his family trusts as the beneficiaries. His alleged abuse of the trusts and his borrowing privileges on the policy are the basis of a federal lawsuit headed for trial in February.

Better Fuel Margins Aid Murphy USA 3Q Profit

by Lance Turner 11/5/2015 10:10 am

Murphy USA Inc. of El Dorado on Wednesday reported a slight decline in third-quarter net income, but income from continuing operations rose in part on better margins on retail fuel sales.

Windstream Reports $7.2M Net Loss, Plans to Sell CSAL Stake

by Alexis Hosticka 11/5/2015 09:25 am

Windstream Holdings Inc. of Little Rock reports a third quarter net loss of $7.2 million compared to a net profit of $8 million or seven cents per share in the same quarter last year.

Acxiom Returns to Profitability With 2Q Net Income of $10.7M

by Lance Turner 11/4/2015 03:44 pm

Acxiom Corp. of Little Rock reports second-quarter net income of $10.7 million, or 14 cents per share, a big swing from a loss of $1.5 million, or 2 cents per share, in the same quarter last year.

USA Truck 3Q Net Income Down 32 Percent

by Marty Cook 11/4/2015 10:06 am

USA Truck Inc. of Van Buren on Wednesday reported third-quarter net income of $2.7 million, or 17 cents per share, down 32 percent from $4 million, or 38 cents per share, in the same quarter last year.

Launch of HubX a Turning Point, Officials Say

by Mark Carter 11/3/2015 09:39 am

The launch of the HubX Life Sciences startup accelerator, announced Friday by Baptist Health and the Innovation Hub in partnership with Iron Yard Ventures, signals what many state officials believe is a turning point for the state's tech startup ecosystem.

Former Allied Ally Latest To File Lawsuit Against Acme Owners

by Arkansas Business Staff 11/2/2015 12:00 am

A new lawsuit has arisen from the financial meltdown of Acme Holding Co., parent company of the $98.6 million-asset Allied Bank of Mulberry (Crawford County).

Heber Springs Company Buys Rogers Office Building

by Arkansas Business Staff 11/2/2015 12:00 am

A 9,920-SF office building at 3612 Southern Hills Blvd. in Rogers sold for $1.45 million.


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