Investments Archive

CapRocq Buys $33M Wells Fargo Center in South Carolina

by Arkansas Business Staff 12/14/2016 02:44 pm

CapRocq Core 2, an Arkansas-based real estate partnership, announces a $33 million investment in the Wells Fargo Center at 15 S. Main St. in Greenville, South Carolina.

McLarty Automotive Buys 5 Arkansas Asbury Dealerships

by Lance Turner 12/13/2016 11:44 am

McLarty Automotive Group acquires five dealerships and two collision centers from publicly traded Asbury Automotive of Atlanta.

Strong Stocks Lift Fortunes on Arkansas Wealthiest Stockholders List

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

The top stockholders, as always, are the heirs of Wal-Mart Stores Inc. founder Sam Walton. Their disclosed stock in the Bentonville retailer was valued at $112.7 billion as of Dec. 2.

Holidays Should Buoy Dillard's Slow Sales

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

Holiday spending is expected to increase this year, which should be welcome news for Dillard's Inc. The Little Rock retail chain has seen five straight quarters of same-store sales decreases.

Arkansas Diagnostic Center Sells for $4.4 Million

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

A Little Rock medical office building, undeveloped land in Maumelle and Alexander along with a home and an office-warehouse in Little Rock provide a five-piece of multimillion-dollar transactions.

Group Trend Continues for Dentists

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

Last month, when Jordan Cooper sold five of his dental locations in Arkansas to Rock Dental Brands of Little Rock for $1.7 million, he became the latest in a trend of dentists selling to a larger group practice.

Stock Price Swings Visit Steady Bank of the Ozarks

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

Bank of the Ozarks shares have followed a sometimes precipitous trek during the past few quarters.

15 Years After Enron (Gwen Moritz Editor's Note)

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

The timeliest takeaway from Enron, however, is probably this: Government regulations don't spring out of the minds of bored bureaucrats. They are invariably a response to bad behavior.

Arkansas Innovators Promote Tech's Everyday Problem-Solving

by Marty Cook 12/12/2016 12:00 am

As technology became accessible, people with a multitude of different agendas have embraced it. Some use it to design incredibly complex logistical plans for transportation; some use it to analyze big data for financial institutions; some use it to figure out a way to connect hungry people to food.

Clearbrook Project Draws $1.4 Million Transaction (Real Deals)

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

The 52-unit apartment complex in Little Rock was sold to an affiliate of Trinity Multifamily of Fort Smith.

At Summit, Tyson Foods CEO Aims Focus on Tech, Hints at Acquisitions

by Sarah Campbell 12/8/2016 11:40 am

Tyson Foods Inc. of Springdale is well-positioned for growth and acquisitions are possible, incoming CEO Tom Hayes says during the Bernstein Consumer Summit in New York. "Be prepared for some great new products to be hitting the market," Hayes said. "Don't be surprised if we pull in an acquisition or two."

Wal-Mart de Mexico to Invest $1.3B in Mexico

by Joanna Zuckerman Bernstein and Nandita Bose, Reuters 12/8/2016 07:55 am

Retailer Wal-Mart de Mexico says it will invest $1.3 billion in logistics in Latin America's No. 2 economy, creating some 10,000 permanent new jobs. A large part of Wal-Mart's investment will be over the next three years, including in back-end infrastructure.

Murphy Oil Adds Keller to Board, Elevates 2 EVPs

by Kyle Massey 12/6/2016 04:25 pm

Murphy Oil Corp. of El Dorado says Elisabeth W. Keller has been elected to its board of directors, and that Eugene T. Coleman and Michael K. McFadyen have been made executive vice presidents.

Procter & Gamble Executive Joins Tyson Foods Board

by Arkansas Business Staff 12/6/2016 03:24 pm

Jeffrey K. Schomburger, global sales officer for Procter & Gamble, has been named to board of directors of Tyson Foods Inc. of Springdale.

PACE Financing Allows Aldersgate Apartments To Put Costs on Tax Bill

by Kyle Massey 12/5/2016 12:00 am

Pulaski County has given green building projects a lucrative green light, and developers of a west Little Rock apartment project have hit the accelerator.

Tally of Largest Commercial Building Projects in Arkansas Hits $2.4 Billion

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

The dollar total of largest commercial construction projects in Arkansas registered nearly $2.3 billion this year. The tally reflected a 1.2 percent decline from more than $2.4 billion in 2015.

Tax Credits Help Little Rock Company Raise $1.25M for Movies

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

Gary Newton hopes "Antiquities," which filmed primarily in North Little Rock, will be the first in a string of movies to come out of the startup film production company he created with Graham Gordy and Daniel Campbell.

Low Vacancy in Fayetteville Makes Even Older Properties Stay in High Demand

by Marty Cook 12/5/2016 12:00 am

The more beds that go into Fayetteville, the more beds Fayetteville seems to need, and that means even older multifamily properties are still in demand.

Dear Consumer: Breathe! (Craig Douglass On Consumers)

by Craig Douglass 12/5/2016 12:00 am

The election is over. Exhale. The holidays are here and retail doors are ready to be busted in search of discounts and deals designed to spur consumer spending. And overall spending should see an upturn.

LiveRamp Will Acquire Two Startups

by Arkansas Business Staff 11/29/2016 02:01 pm

Acxiom Corp. of Little Rock says its company, LiveRamp of San Francisco, will acquire marketing startups Arbor of New York City and Circulate of Philadelphia for about $140 million.

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