Investments Archive

Little Rock's Metrocentre Mall District Begins Dissolution Process

by George Waldon 10/10/2016 12:00 am

Property owners in downtown Little Rock's Metrocentre Improvement District No. 1 are finally getting a break from decades of shouldering $12.5 million of debt.

Developer Brandon Woodrome's $2M Fraud Seen From The Inside

by Mark Friedman 10/10/2016 12:00 am

In 2013, the year he turned 26, Brandon Woodrome's Fort Smith construction company generated $10.2 million in revenue, and Woodrome had a number of projects in the pipeline. But things weren't what they seemed.

Future Bank of the Ozarks HQ Site Draws Deals Totaling $12M-Plus (Real Deals)

by George Waldon 10/10/2016 12:00 am

Little Rock's Bank of the Ozarks Inc. acquired about 46.2 acres of mostly undeveloped property for a corporate campus in west Little Rock.

Maf Sonko Taps Wire on Little Rock's Tech Community

by Arkansas Business Staff 10/10/2016 12:00 am

Maf Sonko completed the Venture Center's inaugural FinTech Accelerator held in Little Rock. His startup was one of 10 chosen from 150 applicants and is planning to move to Little Rock next year. Participants received a $50,000 initial investment for a 6 percent equity position.

Waltons Among Forbes' Top 20 Richest

by Arkansas Business Staff 10/5/2016 01:31 pm

The Walton family has fallen out of the top 10 of Forbes magazine's list of the country's 400 richest people.

Today's Bank Takes On Teetering Allied

by George Waldon 10/3/2016 12:00 am

The Allied Bank staff was still a little shell-shocked when they convened at the main office in Mulberry on Saturday, Sept. 24. The day after regulators took over the $66.3 million-asset lender, employees gathered to learn what the future held under the new ownership of Today's Bank of Huntsville.

Oakwood Apartments Sale Tops $6.5 Million (Real Deals)

by George Waldon 10/3/2016 12:00 am

An affiliate of Los Angeles real estate investment firm AndMark bought the Oakwood Apartments project at 1310 Smithwick Drive in Jacksonville.

Taziki's Jim Keet Has New Role, Family Focus

by Jan Cottingham 10/3/2016 12:00 am

Jim Keet says his family has been instrumental in the development of the Taziki's brand, which had only three stores when they became involved as the first franchisee.

Bank of the Ozarks Contributes to Statewide Deposit Growth

by Gwen Moritz 9/30/2016 10:11 am

Arkansas bank deposits topped $60 billion as of June 30, and Bank of the Ozarks alone accounted for more than $2 billion of $4.28 billion in new deposits.

Sources: Wal-Mart In Talks to Buy Stake in India's Flipkart

by Reuters 9/28/2016 09:31 am

Wal-Mart Stores Inc. is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said.

SPONSORED: How To Prepare For The Fourth Quarter

by 9/26/2016 08:00 am

Take a page from the football playbook when planning retirement.

Arkansas at Crossroads for Individual Solar

by Kyle Massey 9/26/2016 12:00 am

Solar power generated at individual homes and businesses remains relatively rare in Arkansas, but it has been growing.

Ecoark's Randy May on Covering All Four Corners

by Arkansas Business Staff 9/26/2016 12:00 am

Before coming to Ecoark Holdings Inc. of Rogers and becoming its chairman of the board and CEO, Randy May spent over 15 years in divisional roles with Wal-Mart Stores Inc.

Wells Fargo's Other Victims (Gwen Moritz Editor's Note)

by Gwen Moritz 9/26/2016 12:00 am

Customers of Wells Fargo whose personal information was used to create accounts they didn't want, need or request were also victims. Those unauthorized accounts could reflect negatively on the unsuspecting customer's credit score, and that could cost them far more for far longer.

Community First Bancshares Price Tag Rises to $77M In Equity Deal

by George Waldon 9/26/2016 12:00 am

The potential value of the Community First Bancshares Inc. sale has climbed to more than $77 million since the deal was announced two months ago.

United Federal Credit Union Wins Top Honor at Best Places to Work Awards

by Arkansas Business Staff 9/22/2016 11:35 am

Arkansas Business and the Best Companies Group honors 29 Arkansas companies with "Best Places to Work" awards, which honor firms that have exceptional workplace environments.

Clarksville Ponzi Schemer Sentenced to 90 Months

by Arkansas Business Staff 9/19/2016 12:00 am

Federal prosecutors in North Carolina are winding up the case of ZeekRewards, an online Ponzi scheme that collected $850 million from 900,000 in-vestors in two and a half years, and two Clarksville residents were sentenced in the case last week.

Phil Herrington Files Bankruptcy as Attorney for Oklahoma Development

by Arkansas Business Staff 9/19/2016 12:00 am

Little Rock developer Philip Herrington recently filed a Chapter 11 reorganization for one of his developments in Oklahoma City.

Will Boost Wal-Mart's E-commerce?

by Mark Friedman 9/19/2016 12:00 am

Retail watchers have mixed feelings about whether Wal-Mart Stores' $3.3 billion purchase of of Hoboken, New Jersey, will be the spark the Bentonville retailer needs to boost its online sales.

Developer Chris Moses Discloses The Pros of Working With His Family

by Arkansas Business Staff 9/19/2016 12:00 am

In July 2013, Chris Moses became president and CEO of Moses Tucker Real Estate, founded by his father, Jimmy.


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