Investments Archive

Bank of the Ozarks' 1Q Net Income Up 27 Percent

by Lance Turner 4/12/2018 11:15 am

Bank of the Ozarks on Thursday announced first-quarter net income of $113.1 million, up 27 percent from the same quarter last year.

St. Louis Fed President Speaks in Little Rock

by Arkansas Business Staff 4/9/2018 03:21 pm

Federal Reserve Bank of St. Louis President James Bullard spoke last week in Little Rock about “The U.S. Economy Three Months into 2018” at the Arkansas Bankers Association's and Arkansas State Bank Department's Day with the Commissioner.

Total Compensation Increases for Dillard Family Members

by Mark Friedman 4/9/2018 10:32 am

In 2017, Dillard family members who work at Dillard's Inc. of Little Rock saw their total compensation packages rise.

Herget Lines Up Physician Investors for Sniffle Health App

by Arkansas Business Staff 4/9/2018 12:00 am

Little Rock entrepreneur Ryan Herget said his telemedicine company, Sniffle Health Inc., will launch an app by the end of the month that allows patients to communicate directly with their own doctors.

Arvest, Bear State Transaction Progresses

by Arkansas Business Staff 4/9/2018 12:00 am

The biggest bank buy to date for Fayetteville's Arvest Bank is headed for completion around April 20 at last report. But some loose ends are still in play.

Industry Standards (Gwen Moritz Editor's Note)

by Gwen Moritz 4/9/2018 12:00 am

Trump's fundamental dishonesty is one of the character traits that Republicans rewarded during the primaries, and it's certainly not something they will discipline now.

Arkansas Sees Increase in Personal Income

by Arkansas Business Staff 4/9/2018 12:00 am

Personal income in Arkansas rose 3.2 percent in 2017, the U.S. Bureau of Economic Analysis reported late last month. That increase beat the average for all the states of 3.1 percent.

Innovation Hub's Christopher Jones Finds Economic Dedication Across Arkansas

by Arkansas Business Staff 4/9/2018 12:00 am

The Arkansas Regional Innovation Hub has a new executive director and lead maker, and he's ready to listen.

Alcoa Credit Union Adds Cheryl Lucier-Tullos (Movers & Shakers)

by Arkansas Business Staff 4/9/2018 12:00 am

Cheryl Lucier-Tullos has been hired as vice president of finance and accounting for the Alcoa Community Federal Credit Union in Benton.

Update: BB&T to Acquire Regions Insurance

by Gwen Moritz 4/6/2018 11:46 am

BB&T Corp., a financial services holding company based in North Carolina, announced Friday that its insurance brokerage subsidiary, BB&T Insurance Holdings Inc., would acquire Regions Insurance, which has a large presence in Arkansas.

Tyson Foods Expanding Safety Programs to 12 Poultry Plants

by Associated Press 4/5/2018 02:38 pm

Tyson Foods is expanding the safety programs it has been testing in its beef plants to 12 poultry plants, allowing workers there to stop the line if they have safety concerns.

Arvest, Bear State Get Approval for $391M Deal

by Lance Turner 4/3/2018 09:50 am

Arvest Bank of Fayetteville is closer to completing its $391 million all-cash acquisition of Bear State Bank of Little Rock, the two companies announced Monday.

Acxiom to Expand Share Repurchase Program

by Lance Turner 4/2/2018 11:44 am

Data services provider Acxiom Corp. of Conway says it will expand its share repurchase program by $100 million to $500 million and extend it through Dec. 31, 2019.

Boss Hogg 2.0 (Gwen Moritz Editor's Note)

by Gwen Moritz 4/2/2018 12:00 am

Even after Allied Bank was shut down by the Arkansas State Bank Department in 2016, I wasn't expecting a 40-page report from the Office of Inspector General. But Allied was special.

Marijuana Commission's Carlos Roman Defends Panel's Choices

by Arkansas Business Staff 4/2/2018 12:00 am

Dr. Carlos Roman, a member of the Arkansas Medical Marijuana Commission, disputes what he calls the “false narrative” about his scoring of the applicants and defended the honesty of the commission.

Quinn Says Gibbons Promissory Note Already Paid

by Arkansas Business Staff 4/2/2018 12:00 am

That promissory note, assigned to Tom Gibbons on Aug. 29, 2016, originally was held by Lex Golden, the former controlling party of defunct Allied Bank.

Simmons Bank: Darren McFadden Gave Adviser Bank Access

by Mark Friedman 4/2/2018 12:00 am

Simmons First National Corp. has denied any wrongdoing in its handling of the bank account of Darren McFadden, the former Arkansas Razorback and NFL player. McFadden has blamed the Pine Bluff bank for failing to warn him about more than $10 million in cash withdrawals and transfers by his financial adviser.

How the Goldens Ruled: Fed Report on Allied Notes Self-Dealing, Insider Abuse

by George Waldon 4/2/2018 12:00 am

The narrative of the report is dominated by criticism of the Goldens, by title rather than name, and the bank board they held sway over.

$8.5M Transaction Visits Residence Inn (Real Deals)

by George Waldon 4/2/2018 12:00 am

The 96-room Residence Inn by Marriott in west Little Rock was the big ticket item of three recent hotel sales in Pulaski County.

Mark Skelton to Support FNBC Small Business Expansion (Movers & Shakers)

by Arkansas Business Staff 4/2/2018 12:00 am

Mark Skelton has been promoted to vice president and senior commercial lender for FNBC Small Business in Batesville.