Investments Archive

Steve Landers Sr. On His Lessons Learned Before Leaving the Lot

by Arkansas Business Staff 7/14/2014 12:00 am

Steve Landers Sr. has been in the auto sales business for 43 years but has been transitioning out of the day-to-day operation of the enterprise. He will remain a consultant at the former Landers Auto Group, taking care of customers and working on putting together auto groups.

LR Tech Park Board Hears Main Street Site Recommendations

by Arkansas Business Staff 7/10/2014 09:53 am

The real estate firm selected by the Little Rock Technology Park Authority Board to help search for a downtown site for the planned tech park on Wednesday recommended the acquisition of five properties along Main and Scott streets.

UALR College of Business Endowment Sits at More Than $2M

by Arkansas Business Staff 7/7/2014 01:51 pm

The University of Arkansas at Little Rock College of Business says the balance of its Stephen Harrow Smith Dean of Business endowment now sits at more than $2 million after more than $500,000 was donated as result of the George W. Donaghey Foundation Challenge Match.

Simmons to Donate Eudora Bank Branch to Southern Bancorp

by Gwen Moritz 7/7/2014 10:21 am

Simmons is acquiring the branch with its pending purchase of Delta Trust & Bank but is being required under federal regulations to divest itself of the additional market share in the same Federal Reserve market area as Simmons' existing Lake Village branches.

$6.2M Transaction Visits Village Green Apartments (Real Deals)

by George Waldon 7/7/2014 12:00 am

A 172-unit apartment project in southwest Little Rock weighed in at $6.2 million. Entities with common ownership were on either side of a $960,000 transaction in downtown Little Rock's The Residences at Building 5.

ARK Challenge Readies for Third Installment

by Mark Carter 7/7/2014 12:00 am

The third installment of the ARK Challenge startup accelerator in Fayetteville, scheduled to run for three months beginning later this summer through September, will be leaner and meaner.

Acxiom CEO Scott Howe's Salary Tops $5 Million in Fiscal 2013

by Gwen Moritz 7/3/2014 10:25 am

Howe's compensation and that of four other named executive officers was revealed a proxy statement filed with the U.S. Securities & Exchange Commission, which also announced the Aug. 7 date of the annual shareholders meeting.

No Daily Report, E-newsletters on Friday

by Arkansas Business Staff 7/3/2014 10:01 am

Arkansas Business will not send the Daily Report or weekly industry e-newsletters on Friday, the Fourth of July. Arkansas Business Publishing Group offices will be closed Friday as well, reopening on Monday. ABPG wishes everyone a happy Fourth.

Survey: Midwest Economy Growing

by Associated Press 7/1/2014 09:23 am

The economy in nine Midwestern and Plains states including Arkansas should continue growing steadily in the months ahead, according to a monthly survey of business leaders released Tuesday.

Big River Closes Financing for Steel Mill

by Arkansas Business Staff 7/1/2014 09:09 am

A formal groundbreaking ceremony will be held later this summer. Big River plans to employ more than 500 workers at an average annual salary of $75,000.

Pinnacle Foods Scraps Sale Plans, Freeing Tyson to Acquire Hillshire

by Associated Press 6/30/2014 04:43 pm

Hillshire Brands Co. agreed to buy Pinnacle Foods for $4.23 billion in May. But Tyson and Pilgrim's Pride went after Hillshire two weeks later, and on June 9, Hillshire accepted Tyson's $7.75 billion offer.

Jim Bolt Criminal Saga Reveals ‘A Certain Amount Of Genius'

by Gwen Moritz 6/30/2014 12:00 am

A federal judge sentenced James W. Bolt to a sentence 29 months longer than standard sentencing guidelines. It was an acknowledgement that the only way to keep Bolt from breaking the law was to keep him locked up.

After 9 Years, Larry Biernacki Leaves Bigger Arkansas Federal Credit Union

by Gwen Moritz 6/30/2014 12:00 am

Arkansas Federal Credit Union was a good organization with $405 million in assets when Biernacki arrived nine years ago this month, having been well and carefully managed into its position as largest credit union in the state by Hank Klein.

Steve Landers Sr. Pumps Brakes Pedal, Looks Forward to Future

by Arkansas Business Staff 6/30/2014 12:00 am

Steve Landers Sr. has sold his remaining one-third interest in Steve Landers Auto Group to Luther Auto Group of Minneapolis.

Testimony: Arvest Bank Was Jim Bolt's Biggest Victim

by Gwen Moritz 6/24/2014 11:04 am

The Fayetteville bank had to make good on a guarantee it issued when Bolt fraudulently claimed $1.9 million in assets held as unclaimed by the state of California, an FBI agent testified Monday.

Burgundy Book: Slight Economic Improvement in Arkansas

by Mark Carter 6/24/2014 09:07 am

According to a May survey of business leaders in the state, the near-term outlook for the Little Rock zone improved slightly.

Investment Club Scores Gains, Has Fun

by Mark Friedman 6/23/2014 12:00 am

Friends pool ideas in investment club Junto Investments, see 39 percent return on its investments in 2013. Starting with $4,000, Junto Investments has grown its value to about $75,000.

Transworld Office in Bentonville Changes Hands

by Gwen Moritz 6/23/2014 12:00 am

Transworld Business Advisors in Bentonville has a new owner in Jared Thompson, who also owns the franchise for Dickey's Barbecue Pit restaurants in northwest Arkansas.

Don McDonald of Merrill Lynch Honored as Top Financial Adviser by Financial Times

by Arkansas Business Staff 6/23/2014 12:00 am

Don McDonald was recently named one of the 2014 Top 400 Financial Advisers by the Financial Times. The honor is given to financial advisers who show excellence as professionals for high net-worth clients.

Arkansas Business Presents the 40 Under Forty Class of 2014

by Gwen Moritz 6/23/2014 12:00 am

This week, Arkansas Business presents its 21st class of 40 Under 40 honorees. This year's honorees represent our state's geography — Pine Bluff, England, Jonesboro, Conway, Fort Smith, Rogers — and the diversity of our business community — farming, finance, medicine, academia, nonprofits.