Investments Archive

U.S. Household Debt Passes 2008 Peak

by Arkansas Business Staff 8/14/2017 12:00 am

Household debt in the United States reached $12.73 trillion in the first quarter of 2017, finally surpassing its $12.68 trillion peak reached in the third quarter of 2008, the height of the financial crisis.

St. John's Apartments in Little Rock Sells for $6M

by George Waldon 8/10/2017 09:33 am

A second Little Rock apartment deal between the same buyers and sellers recently closed.

Dillard's Reports 2Q Loss of $17M; Same-Stores Sales Down 1 Percent

by Lance Turner 8/10/2017 06:57 am

Department store chain Dillard's Inc. of Little Rock reports a net loss $17.1 million compared with net income of $12.1 million in the same quarter last year.

Update: Walton Brothers Take Stake in Cycling Brand Rapha

by Sarah Campbell-Miller 8/7/2017 04:27 pm

Steuart and Tom Waltons' RZC Investments is now the majority shareholder of cycling lifestyle brand Rapha of London, England, the companies announced Monday.

Tyson Foods' 3Q Net Income Beats Expectations

by Lance Turner 8/7/2017 06:50 am

Tyson Foods Inc. of Springdale reports net income of $447 million, down 7.6 percent from $484 million in the same quarter last year.

California Firm Buys 63 Homes in Central Arkansas Sweep

by Arkansas Business Staff 8/7/2017 12:00 am

A California group acquired 63 central Arkansas homes in a transaction which topped $7.3 million.

Acxiom Reports 1Q Loss of $1.3M, Revenue Down 1 Percent

by Sarah Campbell-Miller 8/3/2017 05:04 pm

Acxiom Corp. of Conway on Thursday reported a loss of $1.3 million for its first quarter that ended June 30, down from $3.98 million net income from the same quarter a year ago.

Deltic Timber 2Q Earnings Down 36 Percent

by Lance Turner 8/3/2017 11:04 am

Deltic Timber Corp. of El Dorado reports second-quarter net income of $2.7 million, down 36 percent from same quarter last year.

Windstream Reports $68M 2Q Loss, Ends Quarterly Dividend

by Lance Turner and Sarah Campbell 8/3/2017 06:57 am

Windstream Holdings Inc. of Little Rock reports a $68 million second-quarter loss and said it would end its quarterly dividend to shareholders as part of a new capital allocation strategy.

Murphy Oil Reports $17M Operating Loss for 2Q

by Kyle Massey 8/2/2017 05:40 pm

The fuel exploration and production giant based in El Dorado saw the results as a strong performance considering a decline in crude oil prices in the period.

Murphy USA Reports $55.6M in 2Q Profit

by Kyle Massey 8/2/2017 04:56 pm

Murphy USA Inc., the nationwide fuel and convenience retailer based in El Dorado, reports second-quarter financial results, including net income of $55.6 million, or $1.51 per diluted share.

USA Truck Reports $2.8M 2Q Net Loss

by Lance Turner 8/2/2017 04:51 pm

USA Truck Inc. of Van Buren reports a wider second-quarter net loss as the company continues to rebuild its management team and engineer a turnaround in its trucking division.

Tyson Foods Reorganizes Company Around Key Segments

by Lance Turner 8/2/2017 03:59 pm

Tyson Foods Inc. of Springdale, which earlier this year announced an overhaul of its leadership team, announces a new organizational structure around its key segments: beef, pork, chicken and prepared foods. The new org chart means two executives are leaving.

US Pending Home Sales Improved in June

by Associated Press 7/31/2017 11:24 am

Americans signed more contracts to buy homes in June, snapping a three-month decline in pending sales.

Amy Golden McCay Files for Chapter 7 Bankruptcy

by Arkansas Business Staff 7/31/2017 12:00 am

The outstanding balance of an FDIC $324,632 summary judgment from January 2015 against Amy Golden McCay is now part of her recently filed Chapter 7 bankruptcy.

I.O. Metro's Bankruptcy Leaves Unsecured Creditors Stuck with $31.5 Million in Debt

by Mark Friedman 7/31/2017 12:00 am

After a net loss of nearly $20 million in 2015 and 2016, the furniture retailer I.O. Metro LLC in March hired a Dallas turnaround company to analyze the business and develop a plan to make the company profitable. They determined the retailer couldn't be saved.

Startups and More Bubble Up from Governor's Cup

by Sam Hoisington 7/31/2017 12:00 am

Over nearly two decades of the Donald W. Reynolds Governor's Cup competition, just over $2 million in prize money has been given to teams of college students with entrepreneurship ideas deemed promising by competition judges.

KC Firm Pays $11.4M For Northwest Medical Plaza (NWA Real Deals)

by Marty Cook 7/31/2017 12:00 am

Block Real Estate Services of Kansas City, Missouri, paid nearly $11.4 million for the Northwest Medical Plaza in Springdale.

Is Vacation in Your Plans? (Alese Stroud Expert Advice)

by Alese Stroud 7/31/2017 12:00 am

Let's be clear. Sitting on a beach practicing distance management skills via email does not count as vacation. It counts as vacation only when you completely unplug.

Bank of the Ozarks Shares Fall 12 Percent Amid Exec's Departure

by Arkansas Business Staff 7/28/2017 02:47 pm

Shares of Bank of the Ozarks Inc. of Little Rock fell more than 12 percent on Friday after a key executive announced his resignation.