Investments Archive

ASTA Launches New Mobile-Friendly Website

by Mark Carter 12/5/2014 10:59 am

The Arkansas Science & Technology Authority (ASTA) has launched a new mobile-friendly website designed to provide easier access to grants and investments for high-tech startups with the potential to create high-paying jobs in Arkansas.

Hearing Officer Appointed in Steele Stephens, Robert Keenan Cases

by Lance Turner 12/2/2014 01:40 pm

Arkansas Securities Commissioner A. Heath Abshure said Tuesday that he has appointed Jack Pruniski of Hilburn Calhoon Harper Pruniski & Calhoun of Little Rock as hearing officer in the cases of Steele Stephens and Robert Keenan.

Black Friday Weekend Slows Down as Allure Fades

by Associated Press 12/1/2014 08:38 am

Early discounting, more online shopping and a mixed economy meant fewer people shopped over Thanksgiving weekend, the National Retail Federation said Sunday.

Hearing Scheduled for Unregistered Stock Complaint

by Arkansas Business Staff 12/1/2014 12:00 am

A lawsuit filed by a Little Rock man's trust claims that a Missouri broker was not registered in Arkansas when he used some of the man's life savings to buy unregistered stock.

Tampa Bay Rays Pitcher Drew Smyly, Father Buy Beef 'O' Brady's In Maumelle

by Jan Cottingham 12/1/2014 12:00 am

For Todd Smyly, father of Tampa Bay Rays pitcher Drew Smyly, going in with his son to buy the Beef ‘O' Brady's franchise in Maumelle wasn't much of a stretch, for a lot of reasons.

Claims Pass $18M as John Rogers' Dealings Draw More Lawsuits

by George Waldon 12/1/2014 12:00 am

Two lawsuits against North Little Rock memorabilia dealer John Rogers add more than $2.6 million to claims that now top $18 million as questions about his business dealings continue to mount.

Spencer Jones' 5 Tips for Startup Success

by Mark Carter 12/1/2014 12:00 am

Spencer Jones, who won the 2014 fall edition of the ARK Challenge with his Little Rock startup Jones Innovative Medical Solutions, has some advice for aspiring entrepreneurs looking to emulate his early success.

Like Hogs, ARK Challenge Winner Spencer Jones on Upward Trajectory

by Mark Carter 12/1/2014 12:00 am

While the Razorbacks toiled themselves back to respectability in the rugged Southeastern Conference, Spencer Jones developed his Little Rock startup, Jones Innovative Medical Solutions, alongside some of the state's most promising young entrepreneurs at the ARK Challenge.

CPA Gary Cooper on What Common Mistake You May Be Making With Your Accountant

by Arkansas Business Staff 12/1/2014 12:00 am

Gary Cooper has been a featured speaker for the Arkansas State Society of Certified Public Accountants, Lorman Education Services and the National Business Institute. He is the managing partner of JPMS Cox, the state's fourth-largest accounting firm.

Charities Prosper Under New Laws, Economy

by Marty Cook 12/1/2014 12:00 am

An improving economy and a state full of philanthropic hearts have meant another good year for Arkansas charities, despite concerns that tax law changes might have caused complications.

Stephens Interest in Newspapers Waning

by Sean Beherec 12/1/2014 12:00 am

Stephens Media, the newspaper chain jointly owned by Warren Stephens and his cousins, Witt Stephens Jr. and Elizabeth Stephens Campbell, has been downsizing since a new CEO arrived last December. And last month, the Florida-based newspaper chain that Warren Stephens helped start in 2010 was sold in a $280 million deal that will close early next year.

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.

Picasolar Gets New Funding, Works to Scale Innovative Solar Cell

by Mark Carter 11/26/2014 09:31 am

Fresh off a new round of federal SunShot Initiative funding and a $1.2 million round of equity capital, Fayetteville's Picasolar will spend the next 10 to 12 months scaling its solar cells to meet the industry standard.

HP Earnings Miss Estimates, Show Continued Struggle

by Associated Press 11/25/2014 04:12 pm

Hewlett-Packard Co.'s latest earnings report shows that despite three years of efforts to turn its business around, the venerable tech giant still has a lot more work ahead.

Wal-Mart's Top Merchant Out as Key Holiday Nears

by Associated Press 11/25/2014 04:10 pm

Wal-Mart's chief merchandising officer for its namesake U.S. division has left as the discounter makes leadership changes to perk up sales as the holiday shopping season revs up.

Former American Airlines CEO Tom Horton Joins Wal-Mart Board

by Arkansas Business Staff 11/24/2014 11:32 am

The executive who led American Airlines successfully through bankruptcy reorganization but did not remain long after a huge merger with another carrier has joined the board of Wal-Mart.

Grand Bancorp Reassembles Lending Duo

by George Waldon 11/24/2014 12:00 am

Grand Bancorp Inc. of Grove, Oklahoma, is moving forward with the $6 million purchase of Decatur State Bank. The transaction will be funded through a $2.75 million stock offering and a $3.2 million loan from Grand Bancorp. When the deal is completed before year's end, the $128 million-asset Benton County bank will rejoin its sister company, Grand Savings Bank in Grove.

Warren Stephens' Halifax Media Sells to New York Firm

by Sean Beherec 11/21/2014 07:35 am

New Media Investment Group Inc. of New York City has announced plans to purchase Halifax Media, the newspaper chain partially owned by Warren Stephens, for $280 million.

Windstream to Cut 350 Positions, 38 In Arkansas, by December

by Sean Beherec 11/20/2014 03:31 pm

Windstream Holdings Corp. of Little Rock announced Thursday that the company is cutting 350 positions by Dec. 1, including 38 jobs in Arkansas. The cuts represent about 2.5 percent of the company's workforce of about 13,000.

DRA Investing $3.7M in Delta Projects

by Arkansas Business Staff 11/20/2014 01:46 pm

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola.

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