Investments Archive

Simmons First Completes Delta Trust Acquisition

by Arkansas Business Staff 9/2/2014 08:43 am

Simmons First National Corp. of Pine Bluff has completed its acquisition of Delta Trust & Banking Corp. of Little Rock.

Simmons' Deal for Delta Trust: 3 Years Coming

by George Waldon 9/1/2014 12:00 am

The acquisition of Little Rock's Delta Trust & Banking Corp. by Simmons First National Corp. of Pine Bluff was announced in March and should be completed by the end of the month. But the merger dance began three years ago.

David Henry Home Set for Thursday Auction at Pulaski County Courthouse

by Arkansas Business Staff 9/1/2014 12:00 am

In addition to a five-year prison sentence for mail fraud and tax evasion, attorney David Henry Sr. forfeited his Little Rock home as part of a restitution plan to pay back $1.02 million.

Scooter Stuart's Tainted Assets Draw More Fire

by George Waldon 9/1/2014 12:00 am

This year's number of new lawsuits surrounding the controversial business affairs of the late Layton “Scooter” Stuart indicates the rancor is only growing.

Metro Builders Property Weighs In at $3.8 Million (Real Deals)

by George Waldon 9/1/2014 12:00 am

A commercial project in North Little Rock shifted ownership in a $3.8 million transaction. Dozens of lots in North Little Rock's Villages of San Luis residential development were sold in combined transactions totaling $1.56 million. And a 17,234-SF nonprofit facility in midtown Little Rock tipped the scales at $1.35 million.

Cliff Beckham's Exit from USA Truck ‘A Bit of a Victory Lap'

by Marty Cook 9/1/2014 12:00 am

Thanks to conservative living and USA Truck's generosity — the company is letting Beckham keep a $75,000 bonus he received in April — Beckham doesn't have to make hasty job decisions any time soon. For 20 years he invested his disposable income in USA Truck stock, the same stock he nervously began to sell, for the first time, on Aug. 11.

Tyson Foods, Hillshire Settle With Justice Department Over $8.5B Merger

by Lance Turner 8/27/2014 01:56 pm

Tyson Foods Inc. of Springdale and Hillshire Brands Co. of Chicago say they have reached a settlement with the U.S. Department of Justice's Antitrust Division that, if approved, would allow the companies' $8.5 billion merger to proceed.

ADW Capital Takes 3 Percent Stake in USA Truck, Calls for CEO's Ouster

by Marty Cook 8/25/2014 06:22 pm

The managing member of ADW Capital Partners LP of New York City calls for a change in leadership and a selling off of divisions at USA Truck Inc. of Van Buren.

$50M Revitalization Plan Aims To Turn El Dorado into Cultural Mecca

by Michelle Corbet 8/25/2014 12:00 am

With a declining population and an unstable job market, the city of El Dorado is investing in quality of life in an effort to boost its economy.

North Little Rock's Rockwater Residences Poised for Relaunch

by George Waldon 8/25/2014 12:00 am

The opening round of single-family development is about to launch at Rockwater Village in North Little Rock. Seven of the 33 lots are under contract to future residents of the riverside neighborhood.

Superior Closure Sparks Northwest Arkansas Efforts To Find Jobs for Workers

by Marty Cook 8/25/2014 12:00 am

Melissa Turner says it was a somber day said when the news came that Superior Industries was closing its Rogers plant. But then the community stepped in, and not just Rogers either.

VIC Develops Own Startup ‘Venture Ecosystem'

by Mark Carter 8/25/2014 12:00 am

A unique technology transfer model is helping a Fayetteville company incubate early-stage, high-tech startups and place them on a path to market success.

LR Retail Centers Draw $6.1 Million Transaction (Real Deals)

by George Waldon 8/25/2014 12:00 am

Two retail projects in southwest Little Rock tipped the scales at $6.1 million. Geyer Springs Shopping Center LLC of Brooklyn, New York, bought its namesake 152,852-SF property at 8717 Geyer Springs Road and the 21,760-SF Geyer South project at 8521 Geyer Springs Road.

Lou Ann Nisbett On What Attracts Industry to Pine Bluff

by Arkansas Business Staff 8/25/2014 12:00 am

Lou Ann Nisbett is the president and CEO of the Economic Development Alliance for Jefferson County.

Whittington To Receive $1.6 Million in Cash Upon Exit From Windstream

by Michelle Corbet 8/22/2014 04:59 pm

Brent Whittington, who this week submitted his resignation as chief operating officer of Windstream Holdings Corp., will leave with a severance package that includes $1.6 million in cash, the company revealed Friday.

Car-Mart Net Revenue Up Slightly While Net Income Slips

by Marty Cook 8/20/2014 06:06 pm

The company said diluted earnings per share were 79 cents, the same as a year ago but more than the average analyst estimate of 62 cents.

Windstream Holdings COO Brent Whittington to Resign

by Arkansas Business Staff 8/19/2014 04:06 pm

Windstream Holdings Inc. of Little Rock said Tuesday that Brent Whittington, its chief operating officer, is resigning effective Sept. 1.

Last Chance to Nominate Candidates for Arkansas Business' 20 in Their 20s List

by Arkansas Business Staff 8/19/2014 11:42 am

Nominations are being accepted for the list of the state's most influential young professionals, "The New Influentials: 20 in Their 20s."

Southern Bancorp to Buy Mississippi's Smallest Bank

by Gwen Moritz 8/19/2014 11:18 am

Southern Bancorp Inc. of Arkadelphia announced Tuesday a plan to buy the smallest bank in Mississippi, the Bank of Bolivar County.

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

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