Investments Archive

Blocking And Tackling (Gwen Moritz Editor's Note)

by Gwen Moritz 6/13/2016 12:00 am

It's easy in hindsight to spot errors. I don't know enough about auditing to know whether BKD's auditors were incompetent. I do know from hard experience that errors often seem obvious in hindsight, and while they may be the result of lazy technique, some errors are virtually unavoidable.

China's Commerce Ministry Removes Curbs on Wal-Mart's Yihaodian Deal

by Donny Kwok, Reuters 6/8/2016 10:39 am

China's Ministry of Commerce has removed restrictions on Wal-Mart Stores Inc.'s deal in 2012 to raise its stake in online supermarket Yihaodian, and said the move would not affect the already competitive market.

Focus in Turner Grain Case Shifts to K.B.X.

by Mark Friedman 6/6/2016 12:00 am

Lonoke County farmers hope to recover the $5.5 million they lost dealing with Turner Grain Inc. from a company they claim worked closely with the Brinkley crop broker: K.B.X. Inc. of Benton.

You Can Go Home Again: More Young Americans Living With Parents

by Arkansas Business Staff 6/6/2016 12:00 am

Living with a parent is the most common living arrangement for 18- to 34-year-olds in the United States, the first time on record that that has been the case, according to the Pew Research Center.

Maumelle Motel Draws $2.4 Million Transaction (Real Deals)

by George Waldon 6/6/2016 12:00 am

New Frontier Hospitality LLC, led by Dilep and Vitesh Patel, bought the Quality Suites at 14322 Frontier Drive.

Doyle Rogers Family Sells Interest In Citizens Bank

by George Waldon 6/6/2016 12:00 am

The Doyle Rogers family sold its 25.82 percent stake in the $722 million-asset lender to a descendant of another founding family: poultry pioneer J.K. Southerland.

First Security Bancorp Invests in CrossFirst

by George Waldon 6/6/2016 12:00 am

First Security Bancorp of Searcy has added to its stake in an out-of-state banking concern: CrossFirst Holdings LLC of Leawood, Kansas. The $2.65 million transaction boosts FSB's direct ownership from 9.78 percent to 10.8 percent.

Regions Bank Adds Marlin Evans to Wealth Management (Movers & Shakers)

by Arkansas Business Staff 6/6/2016 12:00 am

Marlin Evans has joined the private wealth management team at Regions Bank in Little Rock as a personal trust specialist.

Wal-Mart Embraces Change at Meeting, Hitching Up With Uber

by Marty Cook 6/3/2016 03:23 pm

During the retailer's annual meeting, Wal-Mart Chairman Greg Penner cast the company as changing with the economic and shopping landscape, just as it has done throughout its long history.

In Little Rock, Alzheimer's Association President Calls for More Research

by Sarah Campbell 6/1/2016 11:27 am

Alzheimer's Association President and CEO Harry Johns says the number of those diagnosed with the disease is on the rise, as is the cost of care, and more federal research dollars are needed.

2 Banks Join Arkansas Business' Largest Private Companies List

by Gwen Moritz 5/30/2016 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $34.2 billion in their most recent fiscal years, up more than 4 percent in a year.

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.