Investments Archive

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.

Windstream, EarthLink Consider Merger to Better Confront Rivals

by Liana B. Baker, Reuters 11/6/2016 01:23 pm

Telecommunications firms Windstream Holdings Inc. of Little Rock and EarthLink Holdings Corp. of Atlanta are in talks to merge in an all-stock deal that would allow them to better compete against rivals, people familiar with the matter said.

Bill Hanna Steps Down from USA Truck Board

by Marty Cook 11/3/2016 10:33 am

Bill Hanna, president of Hanna Oil & Gas Co. of Fort Smith, stepped down from the board of directors of USA Truck Inc. of Van Buren on Oct. 27, the company announced.

ArcBest Announces Restructuring, Income Drop, Job Eliminations

by Marty Cook 11/3/2016 09:26 am

ArcBest Corp. of Fort Smith announces a 32 percent decline in third-quarter net income as revenue rose and executives announced a plan to restructure the company.

ArcBest Loses 1, Adds 2 to Board

by Arkansas Business Staff 10/31/2016 10:53 am

ArcBest Corp. of Fort Smith announced the retirement of one member of its board of directors and the appointment of two new directors.

SPONSORED: Which Political Party Does the Market Prefer?

by 10/31/2016 08:59 am

Consumers drive the market more than votes, so stick to a sound financial plan and don't panic over election results.

At 5, Crystal Bridges Museum of American Art Transforms Bentonville

by Jan Cottingham 10/31/2016 12:00 am

There are any number of ways to try to gauge the impact — economic and otherwise — Crystal Bridges Museum of American Art has had on Bentonville, on Arkansas and beyond since its opening Nov. 11, 2011.

Darren McFadden Trial Date Moved to 2018

by Arkansas Business Staff 10/31/2016 12:00 am

The trial date of the case involving Dallas Cowboys running back Darren McFadden against his former family friend and financial adviser is expected to be punted to sometime between March and May 2018.

The Shoppes At Har-Ber Sell for $8.8M (NWA Real Deals)

by Marty Cook 10/31/2016 12:00 am

Oklahoma investor Raymond Merrill leads Shoppes at Har-Ber Lakes LLC, which bought a 90 percent share of the 62,000-SF retail center.