Investments Archive

Murphy USA Reports $46M Profit in Strong 2Q

by Kyle Massey 8/3/2016 04:13 pm

The El Dorado-based company more than doubles its half-year profits from 2015, citing strong retail fuel results. CEO Andrew Clyde also cited "record merchandise margins" as the company continues to add stores.

FIS, Governor Extend VC FinTech Accelerator Program to 2018

by Sarah Campbell 8/3/2016 02:43 pm

FIS of Jacksonville, Florida, and Gov. Asa Hutchinson announced Wednesday that they aim to extend the VC FinTech Accelerator program until 2018.

USA Truck Reports 2Q Loss of $1.3M

by Marty Cook 8/3/2016 11:43 am

USA Truck Inc. of Van Buren on Wednesday reported a second-quarter loss of $1.3 million, a decrease from the $2.8 million profit it reported in the same quarter of 2015.

ATRS to Get Part of $300M Class-Action Settlement

by Mark Friedman 8/1/2016 10:47 am

Arkansas Teacher Retirement System will receive a percentage of a $300 million class-action settlement it reached last week with its custodial bank in connection with overcharging fees.

Golden Property Allcorp Inc. Goes Bankrupt

by Arkansas Business Staff 8/1/2016 12:00 am

Allcorp Inc. of Little Rock, which owns the $16.9 million-asset Community State Bank of Bradley (Lafayette County), filed for Chapter 11 reorganization late Wednesday.

Sage Partners, Capital Properties Ready To Merge

by Arkansas Business Staff 8/1/2016 12:00 am

Sage Partners of Fayetteville, the real estate arm of Hunt Ventures LLC, and Capital Properties in Little Rock are getting ready to merge this week.

Jay Amargos Leaves Startup Junkie To Start Small Business

by Arkansas Business Staff 8/1/2016 12:00 am

Jay Amargos has left Startup Junkie Consulting of Fayetteville to run her own meditation studio.

Walter Hussman Rebuffs Warren Buffett Buy Rumors

by Arkansas Business Staff 8/1/2016 12:00 am

Walter Hussman, publisher of the Arkansas Democrat-Gazette and chairman of Wehco Media, says he's not selling his properties.

Loan Loss Models Vary Bank-by-Bank

by George Waldon 8/1/2016 12:00 am

Proportionally, no other Arkansas bank committed more to its loan loss reserves during the first quarter than DeWitt Bank & Trust.

Two Promoted at Baldwin & Shell (Movers & Shakers)

by Arkansas Business Staff 8/1/2016 12:00 am

Mike Meadors and William Smith were recently promoted to director of preconstruction and general superintendent at Baldwin & Shell Construction Co. of Little Rock.

Play Your Own Game (Gwen Moritz Editor's Note)

by Gwen Moritz 8/1/2016 12:00 am

You need to play your own game. Don't let the decisions others are making be more than data points in the mix when making your own decisions, because they aren't working with the exact same factors.

US Regulators: Still Heavy Risk in Big Bank Loans

by Associated Press 7/29/2016 11:34 am

Federal regulators say risk remains heavy in large loans made by banks and other financial institutions, though lending standards have improved.

Business Interest Sale Pushes Murphy Oil to 2Q Profit

by Kyle Massey 7/27/2016 04:56 pm

The El-Dorado based energy giant posted net income of nearly $3 million, or 2 cents per diluted share, attributed to the sale of its interest in Syncrude, an oil-sands producer in Canada, and Montney natural gas processing and pipeline assets, also in Canada.

Little Rock Doctor Robert Barrow Sentenced to 2 Years in Prison

by Arkansas Business Staff 7/26/2016 04:00 pm

Barrow admitted billing for massage therapy as if it were physical therapy. He was ordered to pay almost $735,000 in restitution to patients and Arkansas Blue Cross & Blue Shield.

Creditors Force Sale of Walter Quinn's Aspen Condo

by Arkansas Business Staff 7/25/2016 12:00 am

A new spiral is taking shape in the Lex Golden-Allied Bank-Walter Quinn nexus.

Johnny Allison Plays Market for Gains After Brexit 'Bank Sale'

by Arkansas Business Staff 7/25/2016 12:00 am

The U.K.'s June 23 vote to leave the European Union, which sent a brief shockwave through the U.S. stock market, presented Home BancShares Inc. CEO Johnny Allison with an opportunity to do some bank investing.

Gaillardia Club Woes Spawned Phil Herrington Bankruptcy

by Mark Friedman 7/25/2016 12:00 am

Herrington's $13.45 million Chapter 11 reorganization, filed on March 18, represents one of the largest debt totals in a personal bankruptcy filing in recent years in Arkansas. He listed $5.1 million in assets.

Chambers Bank Lands $2 Million Golden Judgment

by George Waldon 7/25/2016 12:00 am

The latest ruling is one in a string of lawsuits spawned by the bankruptcy of Acme, the parent company of Allied Bank of Mulberry. Under the Golden family's ownership and management, the bank has lost more than $14 million since 2010.

Banker Randy Scott Plays Part on East Arkansas Farm Team

by Arkansas Business Staff 7/25/2016 12:00 am

Randy Scott is the president and chief operating officer of Farmers Bank & Trust in Blytheville. A 26-year veteran of banking, he has worked the last 16 years at Farmers.

No Bonuses But Salaries Up for America's Car-Mart Execs

by Marty Cook 7/22/2016 02:15 pm

Executives at America's Car-Mart Inc. of Bentonville did not receive cash incentive bonuses for the third consecutive year.