Investments Archive

USA Truck CEO John Simone Treated for Lung Cancer

by Marty Cook and Lance Turner 5/7/2015 05:20 pm

USA Truck Inc. CEO John Simone said Thursday that he is being treated for lung cancer, and that while he and his doctors are optimistic, he's not sure yet when he'll return to the company. "I intend to return as soon as medically advisable, and I am hoping that will be sometime this summer," he wrote.

USA Truck Shareholders Re-Elect 3 to Company Board

by Marty Cook 5/7/2015 01:50 pm

Shareholders voted to re-elect three members of the company's board of directors and approved, in an advisory vote, of the company's executive compensation plan.

Windstream 1Q Net Income Down 67 Percent

by Sean Beherec 5/7/2015 07:19 am

Windstream Holdings Inc. of Little Rock on Thursday reported net income of $5.3 million, or 5 cents per share, on $1.41 billion in revenues during the first quarter of the year.

Bank of the Ozarks to Buy Bank of the Carolinas in $65M Deal

by Lance Turner 5/6/2015 03:48 pm

Bank of the Ozarks Inc. of Little Rock said Wednesday that it has agreed to purchase Bank of the Carolinas Corp. and its wholly owned bank subsidiary, Bank of the Carolinas, in an all-stock deal worth about $64.7 million.

Simmons First Proxy: Pay Rise for George Makris, Payments to French Hill in 2014

by George Waldon 5/6/2015 02:31 pm

The compensation of the top executive at Simmons First National Corp. mushroomed by 135 percent in 2014, the year he succeeded J. Thomas May as CEO.

Hayseed Ventures to Take Over Old Post Office Building in Fayetteville Square

by Marty Cook 5/6/2015 10:49 am

Acumen Brands of Fayetteville will move its Country Outfitter flagship store out of the Old Post Office Building in the downtown Fayetteville square.

Fort Smith Keeps Top Spot in Arkansas Tech Business Index

by Arkansas Business Staff 5/6/2015 08:45 am

Fort Smith retained the top spot in the latest Arkansas Tech Business Index, released Wednesday. It has led the index in 10 of the 14 months Tech has produced the ATBI.

Venture Center's Pre-Flight Program Graduates Second Class

by Mark Carter 5/5/2015 10:53 am

The Venture Center's latest Pre-Flight class includes three startups that identified specific problems in their respective markets and proposed solutions.

Retail Sales, Margins Boost Murphy USA's 1Q Profit

by Sean Beherec 5/5/2015 10:21 am

Murphy USA Inc. of El Dorado reports a strong start to its new fiscal year, with first-quarter net income of $22.9 million, up more than 138 percent from $9.6 million in the same quarter last year.

USA Truck Posts $1.1M 1Q Profit

by Marty Cook 5/5/2015 06:53 am

USA Truck Inc. of Van Buren on Tuesday reported first-quarter net income of $1.1 million, up from a $1.6 million loss in the same quarter last year.

Get Tickets Now to Arkansas Business Power Breakfast on Women Business Leaders

by Arkansas Business Staff 5/4/2015 10:48 am

Tickets are available to the next Arkansas Business Power Breakfast, which features experts who will share strategies on recruiting, retaining and inspiring women in the workplace to be leaders.

Hillshire Business Helps Drive Tyson Foods' 2Q Sales

by Lance Turner 5/4/2015 06:56 am

Tyson Foods Inc. of Springdale reported second-quarter net income of $310 million, up 45 percent from the same quarter last year as sales in its Prepared Foods division shot up after the company's purchase of Hillshare Brands last year.

ArcBest Posts Best Quarter in 7 Years, $745K Net Income

by Lance Turner 5/4/2015 06:41 am

ArcBest Corp. of Fort Smith on Monday reported its best first quarter in seven years, citing $745,000 in profit versus a loss of $5.2 million in same the quarter last year.

Nathan Rutledge Promoted at Crews & Associates

by Arkansas Business Staff 5/4/2015 12:00 am

Nathan Rutledge has worked in the public finance department at Crews & Associates of Little Rock since 2009 in roles that have included in-house attorney, investment banker, financial analyst and business development officer.

Sue Owens on the Educational Impact of Economics Arkansas

by Arkansas Business Staff 5/4/2015 12:00 am

After more than 20 years in banking, Sue Owens became executive director of Economics Arkansas — then known as the Arkansas Council on Economic Education — in 2004.

The Underbanked (Editorial)

by Arkansas Business Editors 5/4/2015 12:00 am

There are an awful lot of Arkansans who are “unbanked” and “underbanked,” and there's FDIC data about that too. A report released in October found that, as of 2013, 12.3 percent of our state's residents had no relationship with a bank at all, and another 25.7 percent had bank accounts but also relied on alternative — often very expensive — financial services. That's 38 percent of our state, much higher than national averages (7.7 percent unbanked and 20 percent underbanked).

Partners Work To Revive Back Yard Burgers Brand

by Jan Cottingham 5/4/2015 12:00 am

Josh Powell and his father, Gifford, are working to revive a brand once popular in central Arkansas: Back Yard Burgers.

Holiday Inn Express Visited by $6M Deal (Real Deals)

by George Waldon 5/4/2015 12:00 am

A 138-room hotel in east Little Rock weighed in at $6 million. A 50-room motel in southwest Little Rock changed hands in a $900,000 sale. And a 1,843-SF Little Rock liquor store rang up a $297,929 deal.

Arkansas' Own Crowdfunding Site EquityNet Alive and Kicking

by Jan Cottingham 5/4/2015 12:00 am

What Arkansas' EquityNet lacks in scrappy appeal it seeks to make up for in experience and performance. Of course, the 10-year-old company, based in Fayetteville, has an audience and purpose very different from Kickstarter or Indiegogo.

Consolidation Pares Roster of Arkansas Banks

by Gwen Moritz 5/4/2015 12:00 am

2014 started with 120 separate banks chartered in Arkansas and ended with 109. Two have become inactive in 2015.