Investments Archive

Mark Millsap on Why the Federal Reserve May Have Zero Interest in Repairing the Economy

by Arkansas Business Staff 10/13/2014 12:00 am

Mark Millsap is a co-owner of Foundation Resource Management, which has a team of six investment professionals and five administrative employees managing approximately $2.1 billion.

The Mind of an Entrepreneur (Mitch Bettis Publisher's Note)

by Mitch Bettis 10/13/2014 12:00 am

On Oct. 24, Arkansas Business, in partnership with the College of Business at the University of Arkansas at Little Rock, is hosting another Power Breakfast executive panel.

Fraud Helped Extend One Bank's Solvency, Hunt Company's Lawsuit Alleges

by George Waldon 10/13/2014 12:00 am

An injection of $17.3 million in U.S. Treasury TARP funds five years ago saved Little Rock's One Bank & Trust from insolvency. A lawsuit against the bank's parent company, One Financial Corp., alleges that deception was deployed to obtain that money.

Arvest Extends Lead on List of Largest Trust Departments

by Gwen Moritz 10/13/2014 12:00 am

This week, Arkansas Business presents three industry lists with the common theme of wealth management: trust departments, money managers and broker-dealers.

Tom Dalton of Innovate Arkansas: Funding for Early Stage Startups Has Increased

by Mark Carter 10/10/2014 09:28 am

Innovate Arkansas director Tom Dalton writes in the INOV8 blog that funding for early stage, tech-based startup ventures in Arkansas has increased dramatically in the past six years.

ARK Challenge: Politapoll Aims to Give Voice to Disenfranchised

by Mark Carter 10/8/2014 08:50 am

Politapoll, a startup participating in the fourth installment of the ARK Challenge accelerator, enables citizens to tell their legislators exactly where they fall on specific issues and also provides a legislative report card to constituents.

Grant Goes to Arkansas Company Making Compostable Bag

by Associated Press 10/6/2014 02:45 pm

A company affiliated with the University of Arkansas that makes a compostable bag as a substitute for plastic bags has been awarded a $741,221 grant by The National Science Foundation.

HD Nursing Shines Light on Falls Management

by Mark Carter 10/6/2014 12:00 am

Amy Hester and Dees Davis, nurses at the University of Arkansas for Medical Sciences in Little Rock, recognized a need within the health care industry that wasn't being, well, properly recognized: falls management.

2 New Osteopathic Med Schools Hope to Fill Need

by Marty Cook 10/6/2014 12:00 am

Groundwork has already started on the Arkansas Colleges of Health Education in Fort Smith, which will include a 100,000-SF main building and several other buildings with an expected price tag of approximately $32 million. Arkansas State University at Jonesboro is building a College of Osteopathic Medicine with its partner, the New York Institute of Technology.

Murphy Oil Sells 30 Percent of Malaysia Assets for $2B

by Associated Press 9/30/2014 11:36 am

Energy exploration and production company Murphy Oil said Tuesday it will sell some of its oil and gas assets in Malaysia for $2 billion. "We are excited to strengthen our partnership with Pertamina and look forward to working with them and our other partners in Malaysia," Murphy Oil's CEO said.

ARK Challenge: Tagless Continues Trend Toward Social Entrepreneurship

by Mark Carter 9/30/2014 11:12 am

Social entrepreneurship seems to be as important to today's rising generation of entrepreneurs as turning a profit. Gabe Couch's Tagless seeks to partner shoppers with personal stylists who will hook them up with nonprofit, second-hand clothing distributors.

Capital Is the Oxygen of Entrepreneurship (Rod Ford Commentary)

by Rod Ford 9/30/2014 10:10 am

Little Rock is on its way to becoming a true entrepreneurial hub in the image of inland startup hotbeds like Austin, Nashville, Des Moines and Omaha, writes local tech founder Rod Ford.

Cole McCaskill on What's Central To Bringing More Tourists to Hot Springs

by Arkansas Business Staff 9/29/2014 12:00 am

Cole McCaskill is a Hot Springs native who recently stepped into the newly created position of downtown development director. His job is to manage the Hot Springs Metro Partnership's Strategic Plan for Downtown Development, which grew out of the February fire that destroyed the historic Majestic Hotel.

Vitamin Shoppe Leads Off Six-Pack of Million-Dollar Deals

by Arkansas Business Staff 9/29/2014 12:00 am

McCain Plaza LLC of Los Angeles bought the Vitamin Shoppe at 4300 McCain Blvd. in North Little Rock for $3.77 million from Quattro North Little Rock LLC of Oak Brook, Illinois.

Brooklyn Investors Buy Local Apartment Complexes

by Arkansas Business Staff 9/29/2014 12:00 am

An investment group from Brooklyn, New York, acquired two Pulaski County apartment projects in deals totaling almost $8.5 million.

FDIC Sues Members of Acme's Golden Family over Unpaid Loans

by Arkansas Business Staff 9/29/2014 12:00 am

The president of Allied Bank's Acme Holding Co. and his sister are the subjects of federal lawsuits. The Federal Deposit Insurance Corp. sued Alex Golden and Amy Golden McCay in U.S. District Court in Atlanta over delinquent loans totaling more than $1 million.

Forrest City Financial Poised to Sell For $2.7M

by George Waldon 9/29/2014 12:00 am

The countdown to the $2.75 million sale of Forrest City Financial Corp. is nearing zero. The purchase by Cross County Bancshares Inc. of Wynne should close in October when the final regulatory approvals are expected, according to David Dowd, president and CEO of CCBI.

Commercial Property Filling Up in Northwest Arkansas

by Marty Cook 9/29/2014 12:00 am

Experts think the commercial real estate market in northwest Arkansas is returning to normal; those who make their living in the industry agree. And they like the new normal.

Otter Creek Mall Development Decades in the Making

by George Waldon 9/29/2014 12:00 am

Once upon a time, the current site of the Gateway Town Center and Bass Pro developments was slated to be part of a grand 1.1 million-SF regional mall development. The fabled Otter Creek Mall never achieved escape velocity from its drawing board concept unveiled on April Fool's Day in 1980.

Community Bankers Group Responds to Wal-Mart's GoBank Checking Accounts

by Lance Turner 9/25/2014 11:05 am

We've reported how banks have cast a wary eye at Wal-Mart's ever-expanding foray into financial services. The retailer unveiled its latest move yesterday: a mobile checking account produced in partnership with Green Dot called GoBank.