Investments Archive

Arkansas Jobless Rate Unchanged at 5.6 Percent

by Arkansas Business Staff 4/21/2015 09:53 am

The state's unemployment rate was unchanged at 5.6 percent in March, reflecting a revised rate for February. According to DWS, the state's civilian labor force rose by 4,900 from January to February, a result of 5,800 more employed and 900 fewer unemployed Arkansans.

Deltic Timber 1Q Net Income Down 61 Percent on Weather, Plant Fire

by Arkansas Business Staff 4/20/2015 03:31 pm

Deltic Timber Corp. of El Dorado reports first-quarter preliminary net income fell 61 percent to $1.9 million, or 15 cents per share, amid bad winter weather and a fire at one of its plants.

Humor Warms Bench in John Rogers Court Case

by Arkansas Business Staff 4/20/2015 12:00 am

An April 14 hearing that featured a revolving door of attorneys at the podium started with a line lifted from a baseball comedy sketch that debuted more than 75 years ago.

For Fairness (Editorial)

by Arkansas Business Editors 4/20/2015 12:00 am

We support the proposal before the Little Rock Board of Directors that would forbid discrimination against city workers, including discrimination on the basis of sexual orientation and gender identity.

Markham Square Draws $11.1M Transaction (Real Deals)

by George Waldon 4/20/2015 12:00 am

A 125,000-SF retail project in west Little Rock rang up an $11.15 million transaction. A 16,380-SF microfilm facility in North Little Rock tipped the scales at $1.49 million. And a Dollar General Store in east Little Rock weighed in at $1.2 million.

Matt Crafton of Crafton Tull on Why Construction Clients Shouldn't 'Coast' Along

by Arkansas Business Staff 4/20/2015 12:00 am

Matt Crafton, 47, is the CEO of Crafton Tull, the civil engineering and landscape architecture firm that his father, Bob, co-founded with Lem Tull in 1963. Crafton Tull is the state's fifth-largest engineering firm, with offices in Arkansas and Oklahoma.

Get Tickets Now to Arkansas Business Power Breakfast on Women Business Leaders

by Arkansas Business Staff 4/15/2015 11:31 am

Tickets are now available to the next Arkansas Business Power Breakfast, which features experts who will share strategies on recruiting, retaining and inspiring women in the workplace to be leaders.

JB Hunt 1Q Earnings Up 34 Percent

by Arkansas Business Staff 4/14/2015 09:32 am

J.B. Hunt Transport Services Inc. of Lowell reported first-quarter net income of $91.9 million, or 78 cents per share, on Tuesday.

Bank of the Ozarks 1Q Net Income Up 58 Percent

by Lance Turner 4/13/2015 04:51 pm

Bank of the Ozarks Inc. of Little Rock reports first quarter net income of $39.9 million, up 58 percent from the same quarter last year.

Stephens Inc. Hires 5 From Sterne Agee

by Arkansas Business Staff 4/13/2015 10:12 am

Stephens Inc. of Little Rock said Friday that it will hire five managing directors from the Depository Investment Banking Group of Sterne Agee.

Golden Moments in Acme Bankruptcy Court

by Arkansas Business Staff 4/13/2015 12:00 am

Lex Golden, chairman and CEO of Acme Holding Co., served up some meandering testimony during nearly an hour on the witness stand in bankruptcy court on April 2.

‘Execution' the Key For Windstream CEO Tony Thomas

by Sean Beherec 4/13/2015 12:00 am

Tony Thomas, who took over as CEO of Windstream Holdings Inc. of Little Rock in December, recently gave a round of interviews to local reporters about a month after the company's shareholders approved measures to spin off a real estate investment trust.

Allied Bank Assets Undervalued — or Not

by George Waldon 4/13/2015 12:00 am

Among the Allied Bank assets discussed during Acme Holding's recent bankruptcy hearing were energy stocks valued at $3.8 million in a 2012-13 appraisal.

Bankruptcy Judge Considers Allied Bank Auction

by George Waldon 4/13/2015 12:00 am

The continued ownership of Allied Bank by the Lex Golden family is under judicial review after a recent two-day bankruptcy hearing in Fayetteville. U.S. Bankruptcy Judge Ben Barry will decide in the coming weeks whether Acme Holding Co. should be liquidated, resulting in the sale of Allied, the $111 million-asset bank chartered in Crawford County.

Quarterly Business Analysis Luncheon Set for May 8 in Fayetteville

by Arkansas Business Staff 4/9/2015 11:49 am

Kathy Deck, director of the Center for Business and Economic Research, will present her regular Quarterly Business Analysis as a luncheon on Friday, May 8.

Asa Hutchinson Wants More Private Venture Capital in Arkansas

by Mark Carter 4/8/2015 02:51 pm

Gov. Asa Hutchinson on Wednesday said he'd love to see the continued evolution of private venture capital in Arkansas to meet the growth of the state's tech startup ecosystem.

Fed Minutes: Officials Split Widely On Rate Hike Timing

by Associated Press 4/8/2015 01:26 pm

Fed officials disagreed widely last month on when they might begin lifting interest rates from record lows.

Shell's $70B Takeover Could Herald Wave of Mergers

by Associated Press 4/8/2015 11:26 am

Oil and gas company Shell has agreed to buy British rival BG Group for 47 billion pounds ($69.7 billion) in cash and stock, in a deal that may signal a new wave of mega-mergers as the energy industry tries to adapt to lower prices.

Fort Smith Retakes Top Spot in Arkansas Tech Business Index

by Mark Carter 4/7/2015 09:36 am

The index is a comprehensive measure that provides a snapshot of economic activity in Arkansas cities. It encompasses a labor index, housing market index, construction index and retail sales index.

Update: USA Truck CEO John Simone Takes Leave of Absence

by Marty Cook 4/6/2015 03:09 pm

USA Truck Inc. CEO John Simone is taking an indefinite leave of absence because of a recent diagnosis of a "serious medical condition," the Van Buren trucking company said Monday.

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