Investments Archive

JB Hunt 3Q Profit Up 12 Percent

by Arkansas Business Staff 10/14/2015 09:55 am

J.B. Hunt Transport Services Inc. of Lowell on Wednesday reported third-quarter net income of $115.1 million, or 99 cents per share. Income is an increase of 12.4 percent from the $102.4 million the company reported for the same quarter of 2014.

Video: Doug McMillon Talks Changes, US Economy on CNBC

by Lance Turner 10/14/2015 08:11 am

Wal-Mart CEO Doug McMillon, in New York today for a meeting with analysts, talks to CNBC's "Squawk Box" about the retailer's strategy.

Bank of the Ozarks 3Q Profit Up 44 Percent

by Lance Turner 10/13/2015 04:45 pm

Bank of the Ozarks Inc. of Little Rock on Tuesday reported third-quarter net income of $46.1 million, up 44 percent from the same quarter last year.

Crews & Associates Says Former Employee Took Client List

by Arkansas Business Staff 10/12/2015 12:00 am

Crews & Associates Inc., the Little Rock bond brokerage, has accused one of its former account executives of transferring a client list to his cellphone before resigning in September to join a competitor.

Bank of Fayetteville Sale Registers 1.34x Book

by George Waldon 10/12/2015 12:00 am

As expected, Bank of Fayetteville will be merged into the $702 million-asset Farmers & Merchants Bank of Stuttgart.

Forensic Audit Ordered But No Answers Yet in Turner Grain Collapse

by Mark Friedman 10/12/2015 12:00 am

More than a year after the collapse of Turner Grain Merchandising Inc., farmers and other creditors still don't know what happened to tens of millions of their dollars.

Steve Parks Sentenced to 27 Months for Tax Credit Fraud

by Gwen Moritz 10/7/2015 05:04 pm

Stephen K. Parks of Little Rock was sentenced Wednesday to 27 months in prison and ordered to pay $845,000 in restitution to the IRS.

Crews & Associates Pays Self-Reported Penalty to SEC

by Arkansas Business Staff 10/5/2015 12:00 am

Crews & Associates, the Little Rock bond brokerage owned by First Security Corp. of Searcy, agreed last week to pay a $250,000 penalty to the U.S. Securities & Exchange Commission.

Shareholders Behind Wilson Park Apartments Purchase

by Arkansas Business Staff 10/5/2015 12:00 am

Wilson Park Apartments in Fayetteville bought for $1.3 million last month with shares sold at $26,000 apiece.

Group May Grant Serenity Park New Life

by Arkansas Business Staff 10/5/2015 12:00 am

Serenity Park, originally Serenity House, went into foreclosure last year, seven years after the death of its pioneering founder, Joe McQuany.

Settlement Will Boost One Bank's Capital

by George Waldon 10/5/2015 12:00 am

A financial decision that Layton “Scooter” Stuart made in the weeks preceding his death in March 2013 is breathing fiscal life into Little Rock's One Bank & Trust. The de facto capital injection is happening in a way that he didn't plan and couldn't have foreseen.

Startup Junkie to Host Second InnovateHER Contest

by Mark Carter 9/30/2015 02:06 pm

InnovateHER is a program of the U.S. Small Business Administration that focuses on developing innovative ideas that could affect and empower the lives of women and families. The program was launched earlier this year.

Forbes List of Richest People for 2015 Includes 10 with Arkansas Ties

by Mark Carter 9/30/2015 09:53 am

The list once again is led by Microsoft's Bill Gates. Wal-Mart heir Jim Walton leads a group of Arkansans and those with close ties to the state included on the list.

Public Pension Funds Branch Out Globally

by Jan Cottingham 9/28/2015 12:00 am

Public employee pension funds, including those in Arkansas, increasingly have moved into “alternative investments” as a way to spread risk and boost returns.

Financial Industry Opposes Obama's Attempt to Expand Fiduciary Rule

by Gwen Moritz 9/28/2015 12:00 am

The financial industry is pushing back — hard, and with political support — against a second attempt by the Obama administration to impose a standardized fiduciary rule on all givers of retirement advice, particularly those now held to a lower standard of merely not recommending investments that are clearly unsuitable.

Arbitration Attorneys: Retirement Adviser Commercials Can Mislead Clients

by Gwen Moritz 9/28/2015 12:00 am

Ethel Sprouse, a real estate appraiser and former mayor of Cedar Bluff, Alabama, has become the poster child — or, rather, the poster senior citizen — for the type of investor who proves the need for the expanded fiduciary rule proposed by the U.S. Department of Labor.

Are You My Fiduciary?

by Gwen Moritz 9/28/2015 12:00 am

Andy Terry is a professor of finance in the School of Business at the University of Arkansas at Little Rock. He's also a chartered financial analyst and a registered investment adviser, and a friend's infuriating experience has prompted him to expand that part of his professional life.

Don't Forget Power of Attorney (Kayleigh C. Dulaney Expert Advice)

by Kayleigh C. Dulaney 9/28/2015 12:00 am

Two legal documents addressing these practical needs in a retirement plan are a power of attorney and a health care power of attorney. Although often overlooked by those planning for retirement, these documents can be vital in carrying out fundamental tasks in your retirement.

Phyzit Growth Relieving Docs' TCM Headaches

by Mark Carter 9/28/2015 12:00 am

Many doctors consider the reimbursement process for transitional care management to be a headache, and Little Rock tech startup Phyzit has prescribed what looks like a cure. Doctors across the country are signing up for some of that relief.

Investment Adviser Liz Adams on Prioritizing Your Retirement Goals

by Arkansas Business Staff 9/28/2015 12:00 am

Earlier this year, Liz Adams partnered with another Raymond James adviser, Chris Baugh, to form Baugh Adams Financial Services under the Raymond James umbrella.