Investments Archive

Murphy Reports Rough 4Q, but Improved Yearly Profit

by Kyle Massey 2/1/2017 04:34 pm

Murphy USA Inc. of El Dorado reports challenging fourth-quarter numbers but an improved full-year profit of $221.5 million, or $5.59 per diluted share, compared with $176.3 million, or $4.02 per share, in 2015.

Acumen Brands For Sale, and John James is Negotiating

by Marty Cook 2/1/2017 11:15 am

Fayetteville online retail sensation One Country, formerly known as Acumen Brands, is up for sale, and co-founder John James says he's negotiating with the firm's owner.

Momentum Jonesboro on Pace to Grow Jobs in Key Sectors

by Todd Traub 1/31/2017 06:00 am

Momentum Jonesboro, the economic development fundraising plan targeting job growth in northeast Arkansas, is on track to reach its $3.7 million goal.

Col. Glenn Collison Center Registers $2.5M Sale

by Arkansas Business Staff 1/30/2017 12:00 am

Time to crack open a six-pack of multimillion-dollar transactions courtesy of Pulaski County.

True Tale Trounces Comic Fantasy at Dogpatch USA

by George Waldon 1/30/2017 12:00 am

The story of Dogpatch USA is a meandering one that now covers half a century. Its course resembles the winding, up-and-down path of Scenic Highway 7 that brought hundreds of thousands of visitors during its 25-year run.

$4.8M Sale Visits Rogers Warehouse (NWA Real Deals)

by Marty Cook 1/30/2017 12:00 am

Breeden Robinson LLC, led by Larry Breeden, bought the facility from Superior Industries International Arkansas LLC, a subsidiary of Superior Industries of Van Nuys, California.

Murphy Oil Reports $276M Loss for 2016

by Kyle Massey 1/25/2017 05:19 pm

The El Dorado oil giant had a fourth-quarter loss of $64 million but touts cost-cutting and production achievements.

Southern Bancorp to Buy Farmers Bank of Hamburg

by George Waldon 1/25/2017 11:39 am

Southern Bancorp Inc. of Arkadelphia said Wednesday that it will acquire Farmers Bank of Hamburg in a $4.5 million cash-and-stock deal.

Simmons to Buy Fort Worth Bank in Third Deal Since November

by Arkansas Business Staff 1/23/2017 05:06 pm

Simmons First National Corp. of Pine Bluff announced Monday a $462 million cash-and-stock deal to acquire First Texas BHC Inc. of Fort Worth and its $2 billion-asset subsidiary Southwest Bank. "We now have the opportunity to substantially grow our presence in the Fort Worth metropolitan area by joining with one of the best run, most respected financial organizations in Texas," Makris said.

Conductor Partnership to Host Angel Network Events

by Arkansas Business Staff 1/23/2017 03:10 pm

The Conductor, a public-private partnership, announces plans to host Conductor Angel Network receptions starting Feb. 7 in Conway.

John Rogers' Creditors Line Up For $1.5 Million

by George Waldon 1/23/2017 12:00 am

The battle over the biggest asset remaining from John Rogers' murky business dealings and insolvent ventures begins next week in Little Rock.

Regions Center Consultant: 'Improper Actions' Led to Bankruptcy

by Arkansas Business Staff 1/23/2017 12:00 am

The owners of the 30-story Regions Center in downtown Little Rock weren't able to refinance a $32 million loan before it matured on Sept. 1. That put the owners on the road to bankruptcy court.

Case Closed: The Final Orders of Four John Rogers Lawsuits

by George Waldon 1/23/2017 12:00 am

Though dormant on the court dockets, some lawsuits against John Rogers and his business ventures remain technically active.

Hidden Figures (Gwen Moritz Editor's Note)

by Gwen Moritz 1/23/2017 12:00 am

Companies provide 401(k) plans for all the right reasons, but in doing so, employers also take on a fiduciary responsibility for making smart choices.

Arkansas Diagnostic Center Attracts $4.4M Sale (Real Deals)

by George Waldon 1/23/2017 12:00 am

An affiliate of the Store Capital real estate investment trust in Scottsdale, Arizona, purchased the medical center at 8908 Kanis Road.

J.B. Hunt 4Q Income Up 1 Percent

by Arkansas Business Staff 1/19/2017 09:21 am

J.B. Hunt Transport Services Inc. of Lowell on Thursday reported fourth-quarter income of $117.5 million, up from $116.7 million in the same quarter a year ago.

4Q, Full-Year Results Up at Home BancShares

by Lance Turner 1/19/2017 07:06 am

Home BancShares Inc. of Conway on Thursday announced fourth-quarter net income of $48.6 million, up nearly 30 percent from the same time last year. "The annual and quarterly earnings performance for 2016 exceeded expectations," Chairman John Allison said.

Simmons Reports 4Q Net Income of $27M

by Gwen Moritz 1/18/2017 05:05 pm

Simmons First National Corp. earned $27 million in the fourth quarter of 2016, a year-over-year increase of 13.4 percent, pushing its net income for the year to $96.8 million, an increase of more than 30 percent.

Machen Succeeds McFatridge as CEO of Bear State Financial

by Gwen Moritz 1/18/2017 04:06 pm

Mark McFatridge has resigned as CEO of Bear State Financial, and the board of directors of the publicly traded bank holding company announced Wednesday that Matt Machen will be his replacement.

Hickingbotham Investments Buys Landers Harley-Davidson

by Sarah Campbell 1/18/2017 09:18 am

Hickingbotham Investments Inc. of Little Rock agrees to purchase Landers Harley-Davidson of Little Rock and Conway from RML Automotive of Lewisville, Texas.