Investments Archive

State Securities Commissioner Accuses Former Bentonville Residents of Fraud

by Gwen Moritz 4/26/2013 01:25 pm

State Securities Commissioner Heath Abshure filed a lawsuit Thursday against two related Bentonville companies and the former Bentonville couple who accused them of securities fraud.

J.B. Hunt Shareholders Re-Elect Board, Roberts Outlines Plans For 2013

by Chris Bahn 4/25/2013 03:49 pm

All 11 members of the board of directors at J.B. Hunt Transports Service Inc. were reappointed during an annual meeting of shareholders Thursday in Lowell. The meeting included an overview of 2012 by CEO John Roberts III.

Moody's: Expanding Health Insurance 'Credit Positive' for Arkansas Hospitals

by Lance Turner 4/25/2013 10:09 am

A credit outlook report by Moody's Investor Service says the state Legislature's move to expand health insurance in Arkansas through the "private option" is good for the state's hospitals.

Friday's the Last Day to Sign Up for 'Best Places to Work' Survey

by Arkansas Business Staff 4/24/2013 11:07 am

Arkansas Business has launched a workforce evaluation program to help companies gauge their employees' engagement and satisfaction.

Wal-Mart CEO Mike Duke Earned $21 Million Last Year

by Mark Friedman 4/22/2013 04:58 pm

Michael T. Duke saw his total compensation increase 14.1 percent to $20.7 million for the fiscal year that ended Jan. 31, plus he exercised options worth $7.1 million.

Baldor Owner ABB to Buy Power-One in $1B Deal

by Lance Turner 4/22/2013 11:33 am

ABB, the Swiss company that owns Baldor Electric Co. of Fort Smith, said Monday that it is buying Power-One Inc. of Camirillo, Calif., a firm taken public by Stephens Inc. of Little Rock in 1997.

UAMS BioVentures Company Set To Go Public

by Mark Friedman 4/22/2013 12:00 am

A University of Arkansas for Medical Sciences' BioVentures company that says it has a treatment that will detect and kill cancer cells is preparing to have its initial public offering.

Planning Your Exit (Mike Boschetti Commentary)

by Mike Boschetti 4/22/2013 12:00 am

As you get nearer to the time when you will leave behind the daily worries and stresses of business ownership, have you defined a successful exit? Do you know where “there” is, or how to begin to get there?

Preacher's Assets Frozen in Alleged Securities Violation Case

by Mark Friedman 4/19/2013 04:49 pm

Thomas E. James, associate pastor of a church in Fort Smith, is accused of persuading a church member to invest in a bond fund "that did not actually exist."

Home BancShares Announces Stock Split, Quarterly Dividend Hike

by Gwen Moritz 4/19/2013 08:20 am

Chairman John Allison had a couple of surprises for shareholders who attended Home BancShares Inc.'s annual meeting in Conway Thursday night: Their stock will be split 2-for-1 on May 22, and their quarterly dividend will be increased from 13 cents to 15 cents per share.

Correction: Simmons First 1Q Profit Down 8 Percent to $5.9M

by Lance Turner 4/18/2013 12:31 pm

Simmons First National Corp. of Pine Bluff reports first-quarter net income of $5.9 million, down 8 percent from the same quarter last year.

Home BancShares' 1Q Profit Up 21 Percent to $17.5M

by Lance Turner 4/18/2013 08:19 am

Home BancShares Inc. of Conway on reports first-quarter net income of $17.5 million, up 21 percent from $14.5 million during the same quarter last year.

Soul of the South TV Network to Launch May 27

by Luke Jones 4/18/2013 07:17 am

A 24-hour regional broadcast network based in Little Rock and targeting southern African-American viewers is set to launch May 27. The Soul of the South Network will launch in 30 markets throughout the southern U.S. and several northern and Midwestern cities.

Simmons First Announces New Foundation Led by Tommy May

by Gwen Moritz 4/17/2013 09:57 am

Simmons First National Corp. shareholders speeded through routine business at the annual meeting Tuesday night to concentrate on the upcoming changing of the guard.

Conway: Arkansas' Tech Job Magnet

by Luke Jones 4/15/2013 12:00 am

The recent movement of publicly traded Inuvo Inc. to Conway is the latest success story for the city's active push to draw in more technology jobs.

Top Employers in Arkansas Keep Steady Payroll of Workers

by Luke Jones 4/15/2013 12:00 am

The top five largest employers in Arkansas have seen some bumps since last year, but they remain in the same order. Four of the top five saw increases in employment during 2012.

Multiple Sonic Restaurant Combo Purchase Adds Up to Almost $6M

by Arkansas Business Staff 4/15/2013 12:00 am

D.L. Rogers Corp., a Sonic franchisee based in North Richland Hills, Texas, led by Darrell Rogers, bought the properties from SRI Real Estate Properties LLC of Oklahoma City.

Farmers Bank Alleges Improper Management of Bruce Burrow Estate

by Arkansas Business Staff 4/15/2013 12:00 am

A creditor of Jonesboro developer Bruce Burrow is demanding that his Chapter 11 bankruptcy reorganization be converted to a Chapter 7 liquidation or tossed out.

Dillard's Pay To Stephens' Firms Up 16.7%

by Kate Knable 4/15/2013 12:00 am

Dillard's Inc. paid $4.1 million for advertising to media companies associated with Warren Stephens of Little Rock for its fiscal year that ended Feb. 2, an increase of 16.7 percent over the previous year.

Looking Forward to April 15, 2014 (Richard Bell Commentary)

by Richard Bell 4/15/2013 12:00 am

Monday, April 15, is the end of the 2012 tax season, and our accounting firm has been fielding a lot of questions about tax changes for 2013. Let's look at some of the most recent changes.