Investments Archive

Trustee Charges Collusion in Allens' Case

by Mark Friedman 5/30/2016 12:00 am

The trustee in Allens Inc.'s Chapter 7 liquidation has accused some creditors of scheming to buy the Siloam Springs vegetable and food processor out of bankruptcy in 2014 in order to save themselves millions while leaving most creditors holding an empty bag.

Rehab & Health Care Center Attracts $3.5M Transaction (Real Deals)

by George Waldon 5/30/2016 12:00 am

FC Encore Properties B Holdco LLC, an affiliate of Formation Capital of Atlanta, purchased Chenal Rehabilitation & Healthcare Center at 3115 S. Bowman Road.

Eyenalyze Gets Seed Funding from Cadron Creek Capital

by Sarah Campbell 5/27/2016 10:38 am

Eyenalyze of Conway, which provides CPA-friendly back-office solutions for restaurants, announced Friday that it has received seed funding from seed capital investment fund Cadron Creek Capital of Conway.

SPONSORED: 3 Ways Wharton Business Scholars Challenge Retirement Thinking

by 5/25/2016 12:00 am

Conventional wisdom is being turned on its head in many ways these days. From politics to healthcare, there seems to be a revolution in thinking about how we arrive at the outcomes that are in our best interest.

Be Pro Be Proud Initiative Receives $80K in Investments

by Arkansas Business Staff 5/24/2016 02:37 pm

The Arkansas State Chamber of Commerce and the Associated Industries of Arkansas announced Tuesday its acceptance of a $50,000 investment from the Gene Haas Foundation and a $30,000 investment from Tyson Foods Inc.

Former Home of Stephens Inc. Torn Down for Tech Park

by Arkansas Business Staff 5/23/2016 12:00 am

The 20,952-SF building at 114 E. Capitol Ave. was demolished as part of the Little Rock Technology Park development.

Tux Dollars at Work as Menguin Raises Nearly $1M from Investors

by Arkansas Business Staff 5/23/2016 12:00 am

Menguin Inc., an online tuxedo rental company in Fayetteville, raised nearly $1 million in a recent offering, according to a document on file with the U.S. Securities & Exchange Commission.

Pulaski County's Most Expensive Home Sales of 2015

by Mark Friedman 5/23/2016 12:00 am

Sales of seven-figure homes in Pulaski County jumped in 2015, but the million-dollar houses remain a small part of the market.

Top Residential Firms in Arkansas Enjoy Home Sales Rebound

by George Waldon 5/23/2016 12:00 am

2015 was a good year for buying and selling houses in Arkansas as reflected by growth among the 10 largest residential realty firms.

RPM Group's Kris Upton on How Technology Brings an Agent's Success Back Home

by Arkansas Business Staff 5/23/2016 12:00 am

Kris Upton, 46, is president of the RPM Group, where he's worked since 2003, and previously has served the company as treasurer, chief financial officer and chief operating officer.

Tech Park Transactions Surpass $12.6 Million (Real Deals)

by George Waldon 5/23/2016 12:00 am

The acquisition encompassed four office buildings and three parking lots. The biggest deal with Five Main LLC, led by Warren Stephens, was valued at $10.8 million

At Annual Meeting, William Dillard Says Apparel Retailers Face Grim Times

by Mark Friedman 5/21/2016 11:29 am

Dillard's Inc. isn't alone in its poor first quarter results, CEO William Dillard II said Saturday at the annual shareholder's meeting.

Simmons First to Buy Citizens National Bank of Athens In Deal Worth $77M

by Lance Turner 5/18/2016 03:35 pm

Simmons First National Corp. of Pine Bluff said Wednesday that it agreed to purchase Citizens National Bank of Athens, Tennessee, in a deal valued at $77 million.

Former Fort Smith Insurance Agent Indicted for Investment Fraud

by Gwen Moritz 5/17/2016 03:33 pm

An indictment unsealed Monday by federal prosecutors in Fort Smith accuses William Jackson Moates Jr. of operating a Ponzi scheme that defrauded more than a dozen clients out of more than $2 million.

10 FinTech Accelerator Startups Named

by Sarah Campbell 5/17/2016 10:32 am

Companies to benefit from 12-week VC FinTech Accelerator powered by global technology provider FIS and hosted by the Venture Center in Little Rock are from all over the map. The program launched Monday.

Jack Mullen, Paula Cholmondeley Join Board of Growing Bank of the Ozarks

by George Waldon 5/16/2016 11:38 am

At Monday's annual shareholders meeting, Chairman and CEO George Gleason also announced that a third seat would be filled by Trevor Burgess, president, CEO and founder of the $1.7 billion-asset C1 Financial Inc. of St. Petersburg, Florida.

Developer Brandon Woodrome Accused of $6 Million Loan Fraud

by Arkansas Business Staff 5/16/2016 12:00 am

Rioux Capital of Austin, Texas, charges northwest Arkansas developer Brandon Woodrome with committing fraud.

BKD Settles With FDIC Over Kevin Lewis Fraud

by Arkansas Business Staff 5/16/2016 12:00 am

The Federal Deposit Insurance Corp. last week settled its lawsuit against the accounting firm BKD LLP, just days before the trial was scheduled to begin in U.S. District Court in Little Rock.

Stephens Inc. Fined $900K for Lax Supervision of Internal Emails

by Gwen Moritz 5/11/2016 04:32 pm

Stephens Inc. consented to the FINRA fine without admitting or denying the findings, and spokesman Frank Thomas told Arkansas Business that Stephens Inc. would not comment on the order.

Net Income Up 40 Percent, Tyson Foods Raises Earnings Guidance

by Lance Turner 5/9/2016 10:06 am

Tyson Foods Inc. of Springdale on Monday reported a 40 percent increase in first-quarter net income and raised its guidance for fiscal-year earnings.