Investments Archive

J.B. Hunt 2Q Profit Up 11 Percent

by Marty Cook 7/17/2015 11:38 am

J.B. Hunt Transport Services Inc. of Lowell on Friday reported second-quarter net income of $103.42 million, or 88 cents per share.

Arkansas Business to Honor 2015 Best Places to Work at Sept. 16 Luncheon

by Arkansas Business Staff 7/16/2015 11:33 am

Arkansas Business will honor its 2015 Best Places to Work in Arkansas at an awards luncheon Wednesday, Sept. 16.

Home BancShares' 2Q Profit Up 19 Percent

by Lance Turner 7/16/2015 08:26 am

Home BancShares Inc. of Conway reports record quarterly profit of $33.9 million, or 50 cents per share, up 19 percent from the same quarter last year.

Bank of the Ozarks' 2Q Profit Up 69 Percent

by George Waldon 7/14/2015 09:52 am

Net income at Little Rock's Bank of the Ozarks Inc. rose 69.1 percent to $44.8 million during the second quarter. The company reported net income of $26.5 million for the same period a year ago.

Clean Line Gets $50M Investment for Wind Projects

by Arkansas Business Staff 7/13/2015 03:38 pm

Clean Line Energy Partners, the company planning a $2 billion, 750-mile transmission line to run through Arkansas, will receive an investment of up to $50 million from Bluescape Resouces, a private energy investment firm.

Deal To Buy Soul of the South HQ Scorched

by Arkansas Business Staff 7/13/2015 12:00 am

An offer to purchase the note on the building housing Soul of the South and several related entities fell through after three days late last month.

Jones Innovative Seeks FDA OK for Blood-Draw Device

by Mark Friedman 7/13/2015 12:00 am

The Bifurcated Venous Access Device allows medical providers to draw blood from the same tube used for IV fluids. Spencer Jones entered the product in the ARK Challenge Demo Day in Little Rock in November and won a $150,000 investment.

Cree Inc. Buys Arkansas Power Electronics International of Fayetteville

by Lance Turner 7/9/2015 08:26 am

Cree Inc. of Durham, North Carolina, a publicly traded LED and semiconductor manufacturer, said Thursday that it has purchased Arkansas Power Electronics International of Fayetteville.

Acxiom Corp. Names Jeremy Allen to Lead Marketing Services

by Sean Beherec 7/8/2015 03:07 pm

Acxiom Corp. of Little Rock on Wednesday announced Jeremy Allen has been appointed president of Marketing Services.

NYSE Halts Trading Because of Technical Issues

by Associated Press 7/8/2015 11:30 am

The New York Stock Exchange stopped trading in the late morning Wednesday because of a technical issue, though shares continued to trade on other exchanges.

Securities Department Seeks Steele Stephens Fine Payment

by Sean Beherec 7/8/2015 10:27 am

The Arkansas Securities Department has filed a complaint against Steele Stephens, stating he has not yet paid a $20,000 fine that was ordered in May.

Heartland Bank's Walter Quinn Building Loan Settlement with Texas Bank

by Arkansas Business Staff 7/6/2015 12:00 am

Walter Quinn, a leading investor in Heartland Bank of Bryant, is working through some financial difficulties in Oklahoma.

Soul of the South Board Member Mac Hogan Steps Down

by Arkansas Business Staff 7/6/2015 12:00 am

Mac Hogan, who invested $375,000 in the fledgling television network, submitted a brief letter to Secretary Bill Campbell and board Chairman Ladly Abraham on Tuesday. The letter stated that Hogan was resigning from the board and all related entities.

LPGA Tourney Showcases Northwest Arkansas

by Marty Cook 7/6/2015 12:00 am

The ninth edition — now officially the Wal-Mart NW Arkansas Championship Presented by P&G — was won by Na Yeon Choi on June 28 in front of large crowds, most of whom were rooting for former University of Arkansas star Stacy Lewis, who finished in a tie for third.

Millennials Rising as Biggest Share of Workforce

by Arkansas Business Staff 7/6/2015 12:00 am

The millennial generation earlier this year passed Generation X to become the largest share of the U.S. workforce, the Pew Research Center says.

Snapshot: A Guide to John Rogers' Legal Problems

by George Waldon 7/6/2015 12:00 am

After federal agents came calling at his business and home on Jan. 28, 2014, John Rogers lost control of his chaotic financial world. The known claims against the photo archivist and sports memorabilia dealer total more than $45 million, not counting $49 million in requested punitive damages.

Growing Participation Means Longer List of Largest Trade & Professional Unions

by Austin DuVall 7/6/2015 12:00 am

The Arkansas Business list of the state's largest trade and professional associations is back after a four-year hiatus, complete with 15 new entries because of greater participation.

Hutchinson Announces State Board Appointments

by Arkansas Business Staff 7/2/2015 09:29 am

Gov. Asa Hutchinson announced the latest round of appointments to state boards, panels and committees.

Acxiom CEO Scott Howe Gets $1.2M Raise in Fiscal 2015

by Sean Beherec 7/1/2015 05:07 pm

Scott Howe, CEO of Acxiom Corp. of Little Rock, was paid $6.3 million in fiscal 2015 — a pay bump of more than $1.2 million compared to fiscal 2014, according to documents filed Wednesday. Howe's total compensation included a base salary of $650,000.

Trade Schools Have to Find Grads Jobs, or Lose Financial Aid

by Associated Press 7/1/2015 11:11 am

New rules go into effect today for any school with a career-training program. Graduates have to be able to earn enough money to repay their student loans, or a school risks losing access to financial aid.