Investments Archive

CapRocq Core Adds 2 Properties, Fund Passes $130M

by Arkansas Business Staff 6/18/2014 11:38 am

Little Rock's CapRocq Core Real Estate Fund Ltd., a real estate partnership that buys real estate assets in the South and Midwest, has completed two closings that bring the fund's acquisition total to more than $130 million.

Allied Wireless Trio Joins Portable Kitchens Inc.

by Arkansas Business Staff 6/17/2014 10:37 am

Portable Kitchens Inc. of Little Rock, which makes PK Grills, says Jeff Humiston, Scott Moody, Brian Taylor and Martha James have joined its ownership group.

Pay Tops $1 Million For Seven on Highest-paid Nonprofit Employees List

by Gwen Moritz 6/16/2014 12:00 am

Seven nonprofit employees in Arkansas who earned more than $1 million in the 2012 tax year are either medical doctors or hospital administrators, as are the vast majority of the 262 nonprofit employees whose compensation exceeding $215,000 is reported in this issue.

Federal Tax Credits Help Our House Build Center

by Mark Friedman 6/16/2014 12:00 am

Our House Inc.'s $5 million Children's Center that opened June 7 was paid for with help from New Markets Tax Credits.

Markets and Information Asymmetry (Andy Terry Expert Advice)

by Andy Terry 6/16/2014 12:00 am

If we care about the efficient allocation of resources, we care about market efficiency. In finance, market efficiency occurs when asset prices fully reflect all available information.

CapRocq Building Portfolio with Office Properties

by Arkansas Business Staff 6/16/2014 12:00 am

Little Rock's CapRocq Core Real Estate Fund Ltd. expanded its holdings with two out-of-state investments totaling about $18.5 million.

America's Car-Mart Execs Do Without Bonuses

by Gwen Moritz 6/13/2014 03:45 pm

America's Car-Mart's disappointing bottom line in its most recent fiscal year was reflected in the compensation its top executives received, the proxy statement filed this week shows.

Tyson Foods Would Boost Prepared Foods in $8.5B Hillshire Deal

by Lance Turner 6/9/2014 11:32 am

Meat producer Tyson Foods Inc. has won a bidding war for Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with a $63 per share offer. Both Tyson and Pilgrim's Pride had been bidding of Hillshire. Pilgrim's Pride says it is withdrawing its offer.

Bear State Buy Poised To Take Assets to $1.5B

by George Waldon 6/9/2014 12:00 am

Bear State Financial Inc. of Harrison, recently renamed from First Federal Bancshares of Arkansas, is days away from almost tripling its size with the pending acquisition of First National Security Co. of Hot Springs.

Acme Creditors Oppose 3-Branch Sale, Say Allied Assets Should Be Separate

by George Waldon 6/9/2014 12:00 am

A proposed $2 million sale of three of Allied Bank's six branches to an unidentified buyer has drawn opposition from the largest secured creditors of its parent company, Acme Holding Co. of Little Rock.

Recession Sees Cutbacks as Americans' Autos Get Older

by Arkansas Business Staff 6/9/2014 12:00 am

Americans reduced their annual spending on vehicles during the Great Recession, while at the same time the age of their vehicles increased, according to the U.S. Bureau of Labor Statistics.

On Development: Business & Childhood (Scott Gordon Commentary)

by Scott Gordon 6/9/2014 12:00 am

There's a proven correlation between childhood development and economic development. Research shows that investments in children's health and learning have impressive economic outcomes, both in the short and long term.

Moses & Tucker Lead Refinancing of River Market Tower

by Arkansas Business Staff 6/9/2014 12:00 am

Did you know the River Market Tower in downtown Little Rock is built on a new financial foundation? The ownership group, led by developers Jimmy Moses and Rett Tucker, bought the project's debt from an affiliate of the The Broe Group of Denver for an undisclosed sum.

Update: Wal-Mart Executives Focus On Small Stores, Online

by Marty Cook 6/6/2014 01:30 pm

Same-store sales continue to drop for Wal-Mart Stores Inc. of Bentonville, but U.S. stores division CEO Bill Simon seemed to shrug off concerns Thursday during question-and-answer session with reporters.

Wal-Mart's Doug McMillon: Online Sales, Stores Make Customer Experience Better

by Anne D'Innocenzio, The Associated Press 6/6/2014 11:44 am

Wal-Mart's newly anointed CEO Doug McMillon said the world's largest retailer's task is to bring the changing world of e-commerce together with physical stores to help make customers' shopping experience better as technology evolves.

Greg Penner Named Wal-Mart Board Vice Chairman

by Lance Turner 6/6/2014 08:52 am

Wal-Mart Stores Inc.'s board of directors announces the appointment of Greg Penner to the new position of vice chairman of the board.

First Federal Bancshares Changes Name to Bear State Financial

by George Waldon 6/3/2014 10:55 am

First Federal Bancshares of Arkansas Inc. of Harrison is now Bear State Financial Inc. The name change approved by shareholders on March 21 became effective Tuesday.

Halifax Media Buys Telegram & Gazette from Red Sox Owner

by Luke Jones 6/2/2014 12:00 am

Halifax, a newspaper chain in which Little Rock financier Warren Stephens is a major investor, announced last month a deal to buy the Telegram & Gazette of Worcester, Massachusetts, from John Henry, owner of the Boston Red Sox and the Boston Globe.

Mere Mortals Can Make It Happen (Gwen Moritz Editor's Note)

by Gwen Moritz 6/2/2014 12:00 am

Shortly after our firstborn arrived in the fall of 1990 — a year before I took a job as a business reporter even though I knew nothing about business — I read an article that sent an electric shock through my newly maternal brain. It said, simply and indisputably, that every dollar I saved for my child's college education would earn money and every dollar I had to borrow for college would cost money.

ArcBest Corp. Unveils $30M Plan for New Headquarters in Fort Smith

by Lance Turner and Marty Cook 5/30/2014 01:39 pm

ArcBest Corp. of Fort Smith said Friday that it will buy 40 acres of land at Chaffee Crossing in Fort Smith to build a new corporate headquarters. The $30 million project will allow the firm to support 975 new jobs in Fort Smith through 2021.