Investments Archive

US Bank's Michael A. Shelley on Banking in Arkansas, Singing in Alabama

by Arkansas Business Staff 1/18/2016 12:00 am

As State President of U.S. Bank, Michael A. Shelley is responsible for commercial, consumer and trust banking throughout Arkansas. He has more than 30 years of experience as a commercial banking executive, corporate CFO and CPA.

Bank of the Ozarks Reports Record 4Q Net Income

by Arkansas Business Staff 1/14/2016 04:23 pm

Bank of the Ozarks Inc. of Little Rock on Thursday announced record fourth-quarter net income of $51.5 million, up 48 percent from the same quarter last year. It also said full-year net income was a record $182.3 million, up 54 percent from $118.6 million for the full year of 2014.

Tech Park Readying for Tenants, Potential Fall Opening

by Mark Carter 1/14/2016 09:03 am

The Little Rock Technology Park is expected to begin filling up as soon as it opens, which Director Brent Birch thinks could happen by November.

Northwest Arkansas Mall Sells for $39.5M

by Marty Cook 1/13/2016 07:19 am

A trio of New York investors bought the Northwest Arkansas Mall in Fayetteville for $39.5 million.

US Stocks Stabilize, Shaking Off Another Drop in China

by Associated Press 1/11/2016 11:43 am

Major U.S. stock indexes were little changed in midday trading Monday as investors weighed the implications of another slump in China's stock market. Energy companies were among the biggest decliners as the price of crude oil fell.

Another OneFinancial Asset Eyed by Johnelle Hunt's BHL

by Arkansas Business Staff 1/11/2016 12:00 am

BHL Financing is making a claim on $1.2 million worth of trust-preferred shares issued by West Tennessee Bancshares Inc., holding company for the $337 million-asset Bank of Bartlett.

2016: The Year of Oil (Craig Douglass On Consumers)

by Craig Douglass 1/11/2016 12:00 am

For the new year, a confluence of oil-related realities suggests a pervasive impact on the economy in general, and consumer behavior in particular.

Arkansas Hospitals Keep Buying Physician Clinics

by George Waldon and Gwen Moritz 1/11/2016 12:00 am

When hospitals buy physician clinics, the results are mixed. But the trend, which is as evident in Arkansas as it is nationally, shows no signs of going away.

US Stock Market Drops, Ending Its Worst Week Since 2011

by Associated Press 1/8/2016 04:28 pm

The Dow Jones industrial average dropped 167.65 points, or 1 percent, to 16,346.45. The Standard & Poor's 500 index fell 21.06 points, or 1.1 percent, to 1,922.03. The Nasdaq composite index shed 45.80 points, or 1 percent, to 4,643.63.

New Residential Development Underway at Downtown Hot Springs

by Alexis Hosticka 1/8/2016 11:32 am

Downtown Hot Springs had a big 2015, marked by new investment following the Majestic Hotel fire in 2014, and 2016 could bring more residential real estate projects to the Spa City.

CS&L to Buy PEG Bandwidth in $409M Deal

by Lance Turner and Mark Carter 1/7/2016 11:23 am

Communications Sales & Leasing Inc. of Little Rock announces its first acquisition, a $409 million deal for PEG Bandwidth LLC, a telecommunications infrastructure provider owned by Associated Partners LP.

Conference to Focus on Investment in Delta

by Mark Carter 1/6/2016 09:13 am

The Delta Regional Authority is partnering with the White House Rural Council to host the Rural Opportunity Investment Conference Jan. 11-12 in West Memphis and Memphis.

Walton Family Members Give Away $407M in Shares

by Lance Turner 1/5/2016 03:33 pm

Sam Walton's three surviving children have given about $407 million worth of stock in Wal-Mart Stores Inc. to a nonprofit organization founded by their family.

2015: The Year in Executive Q&A

by Gwen Moritz 1/4/2016 12:00 am

This week, for the second time, Arkansas Business offers a compilation that appeals to the universal interest in other people: all 50 of 2015's “Executive Q&A” features in the first issue of Arkansas Business for 2016.

Fox Ridge Management Sells 3 Properties, Will Remain as Manager

by Arkansas Business Staff 12/31/2015 08:36 am

Affiliates of Fox Ridge Management LLC said Wednesday that it had sold three seniors housing communities in central Arkansas to subsidiaries of Healthcare Trust Inc. of New York, a health care-focused real estate investment trust.

No Daily Report, Morning Roundup on Friday

by Arkansas Business Staff 12/31/2015 07:59 am

Arkansas Business will not send the Daily Report and Morning Roundup on Friday, New Year's Day.

Murphy USA Names Christian Pikul Director of Investor Relations

by Arkansas Business Staff 12/22/2015 08:48 am

Murphy USA Inc. of El Dorado has announced Christian Pikul as its new director of investor relations and financial planning analysis.

Sibling Land Dispute, Glasgow Discovery Drove Clicks in 2015

by Lance Turner 12/21/2015 12:01 am

A long-running sibling dispute involving the national president of Ducks Unlimited that culminated in a multimillion-dollar land sale was the most-read story on ArkansasBusiness.com in 2015.

Tech Park's First Phase of Construction To Be Completed by Early 2017

by Arkansas Business Staff 12/21/2015 12:00 am

Work on the first phase of the Little Rock Technology Park, the planned $100 million project along Main Street, is expected to begin early in 2016.

Arkansas Business Looks Back at Notable Deaths of 2015

by Arkansas Business Staff 12/21/2015 12:00 am

John Paul Hammerschmidt, Buddy Sutton, Dick Bell, Jim Gaston, Bill Valentine and John Correnti were among the Arkansas political, business and sports leaders who died in 2015.