Investments Archive

Entergy Rolls With Industry Changes in Coal, Gas, Solar

by Marty Cook 11/2/2015 12:00 am

In the past six years, Entergy Arkansas has made acquisitions that are part and parcel of a $2.4 billion investment in improvements in generation, distribution and transmission projects through 2017.

Baptist Health, Innovation Hub to Launch Health Care Accelerator

by Mark Carter 10/30/2015 03:29 pm

The program will launch with five to 10 startups, each of which will receive seed money of $25,000 to $50,000 and will also qualify for additional back-end investments.

ArcBest 3Q Net Income Rises to $19M

by Arkansas Business Staff 10/30/2015 11:29 am

ArcBest Corp. of Fort Smith reported third-quarter net income of $19.1 million, a slight decrease from the $19.6 million in the same quarter of 2014.

Update: Murphy Oil Reports $1.6B 3Q Loss, Will Cut Workforce

by Lance Turner and Mark Carter 10/29/2015 02:23 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a third-quarter loss of $1.6 billion, or $9.26 per share, and said it will cut its workforce by 23 percent.

Fed Keeps Rate at Record Low But Will Consider December Hike

by Associated Press 10/28/2015 03:51 pm

The Federal Reserve is keeping its key short-term interest rate at a record low in the face of a weak global economy, slower U.S. hiring and subpar inflation. But it signaled the possibility of a rate hike in December.

Heartland Fund Wins Investment Award for Blue Oak Arkansas

by Arkansas Business Staff 10/28/2015 11:16 am

Heartland Renaissance Fund of Little Rock, an affiliate of Arkansas Capital Corp., has received the 2015 Non-Metro Qualified Low Income Community Investment of the Year Award for its investment in Blue Oak Arkansas, an e-waste recycling project.

PAM 3Q Net Income Up 15 Percent

by Marty Cook 10/26/2015 03:05 pm

PAM Transportation Services Inc. of Tontitown on Monday reported net income of $5.79 million, up about 15 percent from about $5.05 million in the same quarter last year.

Deposits Grow as Number of Arkansas Banks Shrinks

by Gwen Moritz 10/26/2015 12:00 am

Bank deposits in Arkansas grew by 5 percent in the 12 months that ended June 30, according to the annual summary of deposits released Sept. 28 by the Federal Deposit Insurance Corp., a pace somewhat slower than the 5.4 percent growth in bank deposits nationally.

Arkansas Bankers Engage in Efficiency Contest

by George Waldon 10/26/2015 12:00 am

The sub-40 percent efficiency ratio, which has grown in profile in the post-2008 finance world, reflects how many pennies it costs a company to make a buck. The average efficiency ratio among all Arkansas banks through the first half of 2015 is about 70 percent.

Johnny Allison Not Shy About Tooting His Own Horn

by George Waldon 10/26/2015 12:00 am

Johnny Allison considered the first-time quarterly posting of a sub-40 percent efficiency ratio at Home BancShares Inc. worthy of some celebratory skylarking and corporate levity.

Oklahoma Investor Buys Mountain View Apartments in Fayetteville (NWA Real Deals)

by Marty Cook 10/26/2015 12:00 am

Raymond Merrill, through his Levi Storage Center LLC, paid $4.5 million for the 114-unit Mountain View Apartments on South Silverado Drive in Fayetteville. RCB Bank of Broken Arrow assisted the purchase with a loan of $3.825 million.

Simmons First 3Q Net Income Up 145 Percent

by Lance Turner 10/22/2015 08:27 am

Simmons First National Corp. of Pine Bluff on Thursday reported third quarter net income of $21.6 million, up 145 percent from $8.8 million in the same quarter last year.

SFC Fluidics Receives Grant to Develop Pump System Used in Animal Research

by Arkansas Business Staff 10/21/2015 03:53 pm

Fayetteville's SFC Fluidics has received a Phase 1 SBIR grant from the National Institutes of Health for development of a wireless, implantable, rapid dosing delivery system for small-animal research.

Windstream's $575M Data Center Sale Includes Partnership with Buyer

by Lance Turner 10/20/2015 09:35 am

Windstream Holdings Inc. of Little Rock on Monday announced a $575 million all-cash deal to sell its data center business to TierPoint LLC of St. Louis, a privately held data center services company.

Bank of the Ozarks' $800M Deal Gives It Big Presence in Georgia

by Gwen Moritz 10/20/2015 08:46 am

Bank of the Ozarks' record-setting deal to buy Community & Southern Bank of Atlanta will mean the bank George Gleason built will have almost as many branches in Georgia as it has in Arkansas. The deal will grow its assets — $9.3 billion as of Sept. 30 — by nearly 50 percent in a single gulp.

Wal-Mart Puts Squeeze on Suppliers to Share Pain as Earnings Sag

by Nathan Layne, Reuters 10/19/2015 07:51 am

Suppliers are already being squeezed for price cuts and cost sharing by Wal-Mart. Now they're bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer last week.

Follow The Money (Gwen Moritz Editor's Note)

by Gwen Moritz 10/19/2015 12:00 am

Adjuncts aren't paid well enough. Depending on the size of the class and depending on the subject, the pay can truly be less than minimum wage.

Arkansas and the Federal College Scorecard

by Jan Cottingham 10/19/2015 12:00 am

The White House last month unveiled its College Scorecard, a database that allows users to evaluate and compare colleges and universities in the United States based on factors such as cost, graduation rate and salary after attending.

Home BancShares 3Q Profit Up 31 Percent to $36M

by Lance Turner 10/15/2015 07:10 am

Home BancShares Inc. of Conway on Thursday reported third-quarter profit of $35.7 million, up 30.6 percent from the same quarter last year.

Arkansas Business Hall of Fame to Induct 4

by Arkansas Business Staff 10/14/2015 10:56 am

The 2016 inductees are: William T. Dillard II of Dillards Inc.; Dr. George K. Mitchell, former Arkansas Blue Cross and Blue Shield CEO; former Gov. Winthrop Rockefeller; and Patricia P. Upton of Aromatique.