Investments Archive

Oxford Industries Buys Strong Suit Clothing of Little Rock

by Sarah Campbell 3/1/2017 09:49 am

Strong Suit Clothing, a men's apparel company based in Little Rock, has been acquired by publicly traded Oxford Industries Inc. of Atlanta.

Windstream Reports 4Q, Fiscal Net Losses

by Lance Turner and Sarah Campbell 3/1/2017 07:06 am

Windstream Holdings Inc. of Little Rock reports net losses in its fourth quarter and fiscal years, while its CEO said the company expanded enterprise service revenue for the year and rolled out premium products to new customers.

Judge Dismisses Suit Against Wal-Mart Linked to Mexico Bribery Allegations

by Associated Press 2/27/2017 04:39 pm

A judge has dismissed a lawsuit that accused Wal-Mart's Mexico operations of misleading shareholders during an alleged bribery scheme.

Deltic Timber Names New CEO, Fires CFO

by Lance Turner 2/27/2017 10:10 am

Deltic Timber Corp. of El Dorado names John D. Enlow, formerly of Weyerhaeuser, as its new chief executive and revealed that it had fired its chief financial officer for misappropriating "certain Company assets for personal use."

Windstream, EarthLink Complete Merger

by Arkansas Business Staff 2/27/2017 08:44 am

Windstream Holdings Inc. of Little Rock completes its previously announced merger with EarthLink Holdings Corp. of Atlanta, after the both companies' shareholders approved the deal on Friday.

Wal-Mart Launches New Front in US Price War; Targets Aldi in Grocery Aisle

by Nandita Bose, Reuters 2/27/2017 07:48 am

Wal-Mart Stores Inc, is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S. rivals like Kroger Co.

US Compounding Purchase Leads Million-Dollar Deals in Conway

by Arkansas Business Staff 2/27/2017 12:00 am

This week's installment of multimillion dollar real estate transactions features a Conway quartet.

Planet Fitness in Fayetteville Sold

by Arkansas Business Staff 2/27/2017 12:00 am

BNC Rental LLC, led by Rick Carpenter of Fayetteville, bought the property from Forest Hills Village LLC, led by Charles Palmer of Fort Smith.

Farmers Bank Shareholders Set for $4.5 Million Cash Out

by George Waldon 2/27/2017 12:00 am

The pending $4.5 million sale of Farmers Bank of Hamburg will further pare the headcount of Arkansas lenders with less than $50 million in assets to four.

$2.3M Deal Nails Down Ridout Store (NWA Real Deals)

by Marty Cook 2/27/2017 12:00 am

An Arizona investor paid more than $2.3 million for the Ridout Lumber Co. store in Fayetteville.

Fundraising, Statue of Liberty Style (Jim Karrh On Marketing)

by Jim Karrh 2/27/2017 12:00 am

The story behind the Statue of Liberty's trip to America involves marketing, competition, envy, and the media, including lessons for fundraising today.

Home BancShares Completes Giant Holdings Inc. Buy

by Lance Turner 2/24/2017 10:42 am

Home BancShares Inc. of Conway said Friday that it has completed its previously announced acquisition of Giant Holdings Inc. of Fort Lauderdale, Florida.

CS&L to Change Name, Buy Hunt Telecom for $170M

by Lance Turner 2/24/2017 09:56 am

Communications Sales & Leasing Inc. of Little Rock announces another acquisition and said it will change its name to Uniti Group Inc. effective Monday.

Deltic Timber Shares Spike as Filing Reports Buyout Interest

by Lance Turner 2/23/2017 11:02 am

Shares of Deltic Timber Corp. of El Dorado hit a new 52-week high Wednesday after a filing said the timber and real estate firm had been "approached by multiple parties interested in merging with or acquiring" the company.

Ozark National Life Building Sells for $3.25M

by Arkansas Business Staff 2/21/2017 12:29 pm

Max Mehlburger's Normandy Place LLC of Little Rock has purchased the Ozark National Life Building at 10201 W. Markham St. in Little Rock for $3.25 million.

Video: Tyson Unveils New Corporate Logo, Growth Strategy at Conference

by Lance Turner 2/21/2017 11:51 am

Tyson Foods Inc. of Springdale unveils a new corporate logo and more details about its growth strategy at the Consumer Analyst Group of New York Conference in Boca Raton, Florida.

Phoenix Investors Buys Former Whirlpool Plant in Fort Smith

by Arkansas Business Staff 2/21/2017 10:38 am

Phoenix Investors LLC of Milwaukee has purchased the 1.5 million-SF former Whirlpool manufacturing facility on Jenny Lind Road in Fort Smith.

Dillard's Same-Store Sales, Earnings Decline For 4Q, Fiscal Year

by Lance Turner 2/21/2017 06:55 am

Dillard's Inc. of Little Rock reports a 6 percent decline in fourth-quarter same-store sales amid what its CEO called "mall traffic declines from continued retail industry challenges."

America's Car-Mart Misses 3Q Profit Forecasts

by Marty Cook 2/21/2017 06:51 am

America's Car-Mart Inc. on reports fiscal third-quarter profit of $2.8 million. CEO Hank Henderson said the company was "disappointed" with its top line for the quarter.

City of Fayetteville Seeks Director of Economic Vitality

by Arkansas Business Staff 2/20/2017 12:00 am

The city of Fayetteville is advertising its newly created position of director of economic vitality, a position that was approved by the city council earlier this year.

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