Investments Archive

Stephens Group Buy Georgia Tool, Equipment Maker

by Arkansas Business Staff 5/16/2017 09:49 am

The Stephens Group LLC, the Little Rock investment company led by Witt Stephens Jr. and Elizabeth Stephens Campbell, acquires Pearlman Enterprises Inc. of Norcross, Georgia.

Simmons First Completes Purchase of Tennessee Bank

by Lance Turner 5/15/2017 03:07 pm

Simmons First National Corp. of Pine Bluff completes its acquisition of Hardeman County Investment Co. Inc. of Jackson, Tennessee.

Arkansas State Bank Department Promotes Three (Movers & Shakers)

by Arkansas Business Staff 5/15/2017 12:00 am

Samuel “Tanner” McKnight, Seth Parsley and John David Sonnier have been promoted to bank assistant examiner at the Arkansas State Bank Department.

Trade Deal Feeds China Taste for Beef, Won't Close Deficit

by Associated Press 5/12/2017 08:35 am

A new China-U.S. trade deal will help sate the growing Chinese appetite for beef and allow more natural gas imports to fuel the country's expanding economy, but it steers clear of bigger issues that would have more substantial impact on the U.S. trade deficit.

Wal-Mart CEO to Face Questions in Lawsuit Over Bribery

by Jonathan Stempel, Reuters 5/12/2017 08:20 am

A federal judge orders Wal-Mart Stores Inc. Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world's largest retailer in Mexico.

Aldi Raises Stakes in US Price War with Wal-Mart

by Nandita Bose, Reuters 5/11/2017 08:15 am

German grocery chain Aldi Inc is trying to beat Wal-Mart, the world's biggest retailer, at its own game: low prices.

Dillard's 1Q Profit Down 14 Percent, Same-Store Sales Down 4 Percent

by Lance Turner 5/11/2017 06:43 am

Dillard's Inc. of Little Rock on Thursday reported first-quarter net income of $66.3 million, down 14 percent from the same quarter last year, as total sales declined

Chris Thyer Joins Centennial Bank's Trust Department

by Lance Turner 5/10/2017 01:18 pm

Chris Thyer, the former U.S. attorney for the Eastern District of Arkansas, has joined Centennial Bank as a senior vice president in the bank's trust department.

Report: Wal-Mart Near $300M Settlement Over Alleged Bribery

by Reuters 5/10/2017 11:27 am

Wal-Mart Stores Inc. is preparing to pay about $300 million to settle a probe of bribery by its employees in markets including Mexico, India and China, according to reports.

USA Truck Names Werner Hugo Trucking Leader

by Marty Cook 5/10/2017 09:00 am

USA Truck Inc. of Van Buren names Werner Hugo as its senior vice president in charge of trucking operations.

Tyson Foods CEO Optimistic Amid 2Q Profit Drop

by Marty Cook 5/8/2017 11:21 am

Tyson Foods Inc. of Springdale reports a 21 percent decline in quarterly profit as a fire at two of its plants in the period disrupted chicken production.

Bank of the Ozarks Expands Board

by Jan Cottingham 5/8/2017 10:51 am

The Bank of the Ozarks added a member to its board of directors at its annual shareholders meeting, raising the Little Rock company's board membership to 16 and increasing its female board membership to 25 percent.

More Red Ink for One Bank & Trust

by Arkansas Business Staff 5/8/2017 12:00 am

Little Rock's One Bank & Trust posted another quarterly loss: $1.6 million. The red ink during the first quarter marked a continuation of a trend that dates back nearly five years.

The Best of Times (Gwen Moritz Editor's Note)

by Gwen Moritz 5/8/2017 12:00 am

Possibly because they've been awash in material goods their whole lives, the millennials seem less materialistic, and I admire that. But in so many other ways, I'm grateful to have entered adulthood when I did and sympathetic to the millennials who blame us for handing them a raw deal.

Stone Bank Hires Jared Carver (Movers & Shakers)

by Arkansas Business Staff 5/8/2017 12:00 am

Jared Carver has been named a financial analyst for Stone Bank in Little Rock.

Uniti Group Reports 1Q Loss of $20M

by Lance Turner 5/5/2017 11:26 am

Uniti Group Inc. of Little Rock reports a $20 million first-quarter loss, down from a $8 million profit in the same quarter last year.

ArcBest Reports 1Q Loss of $7.4M

by Marty Cook 5/5/2017 07:41 am

ArcBest Corp. of Fort Smith reports a first-quarter loss of $7.4 million, or 29 cents per diluted share, compared to a net loss of $6.1 million, or 24 cents per diluted share, in the same quarter last year.

Windstream Reports 1Q Net Loss of $111M

by Arkansas Business Staff 5/4/2017 07:02 am

Windstream reports a first-quarter net loss of $111 million, or a loss of 89 cents per share, compared to a loss of $232 million, or a loss of $2.52 cents per share, in the same quarter last year.

Deltic Timber 1Q Profit Rises on Higher Wood Prices

by Lance Turner 5/3/2017 05:12 pm

Deltic Timber Corp. of El Dorado says first-quarter profit spiked 175 percent amid higher prices for lumber and medium density fiberboard.

Murphy Posts $58M 1Q Profit, but Adjusted $10M Loss

by Kyle Massey 5/3/2017 04:45 pm

Murphy Oil Corp. reported strong preliminary first-quarter financial results, including net income of $58 million, or 34 cents per diluted share of company stock. "Murphy had strong first-quarter results as we exceeded production guidance with high uptime performance across all our assets," CEO Roger Jenkins said.

Search