Investments Archive

Bank of the Ozarks Expands Board

by Jan Cottingham 5/8/2017 10:51 am

The Bank of the Ozarks added a member to its board of directors at its annual shareholders meeting, raising the Little Rock company's board membership to 16 and increasing its female board membership to 25 percent.

More Red Ink for One Bank & Trust

by Arkansas Business Staff 5/8/2017 12:00 am

Little Rock's One Bank & Trust posted another quarterly loss: $1.6 million. The red ink during the first quarter marked a continuation of a trend that dates back nearly five years.

The Best of Times (Gwen Moritz Editor's Note)

by Gwen Moritz 5/8/2017 12:00 am

Possibly because they've been awash in material goods their whole lives, the millennials seem less materialistic, and I admire that. But in so many other ways, I'm grateful to have entered adulthood when I did and sympathetic to the millennials who blame us for handing them a raw deal.

Stone Bank Hires Jared Carver (Movers & Shakers)

by Arkansas Business Staff 5/8/2017 12:00 am

Jared Carver has been named a financial analyst for Stone Bank in Little Rock.

Uniti Group Reports 1Q Loss of $20M

by Lance Turner 5/5/2017 11:26 am

Uniti Group Inc. of Little Rock reports a $20 million first-quarter loss, down from a $8 million profit in the same quarter last year.

ArcBest Reports 1Q Loss of $7.4M

by Marty Cook 5/5/2017 07:41 am

ArcBest Corp. of Fort Smith reports a first-quarter loss of $7.4 million, or 29 cents per diluted share, compared to a net loss of $6.1 million, or 24 cents per diluted share, in the same quarter last year.

Windstream Reports 1Q Net Loss of $111M

by Arkansas Business Staff 5/4/2017 07:02 am

Windstream reports a first-quarter net loss of $111 million, or a loss of 89 cents per share, compared to a loss of $232 million, or a loss of $2.52 cents per share, in the same quarter last year.

Deltic Timber 1Q Profit Rises on Higher Wood Prices

by Lance Turner 5/3/2017 05:12 pm

Deltic Timber Corp. of El Dorado says first-quarter profit spiked 175 percent amid higher prices for lumber and medium density fiberboard.

Murphy Posts $58M 1Q Profit, but Adjusted $10M Loss

by Kyle Massey 5/3/2017 04:45 pm

Murphy Oil Corp. reported strong preliminary first-quarter financial results, including net income of $58 million, or 34 cents per diluted share of company stock. "Murphy had strong first-quarter results as we exceeded production guidance with high uptime performance across all our assets," CEO Roger Jenkins said.

USA Truck Reports 1Q Net Loss of $5M

by Lance Turner 5/3/2017 10:51 am

USA Truck Inc. of Van Buren on Wednesday reported a first-quarter net loss of $4.9 million, or 61 cents per share, as its new CEO planned to return the struggling logistics firm to profitability in the last half of the year.

CEO James Reed Demands Quick Results at USA Truck

by Marty Cook 5/1/2017 12:00 am

James Reed knows the best way USA Truck Inc. of Van Buren can remove any questions about its stability is with positive financial results.

Tyson Foods Eyes Higher Wages As Labor Market Tightens

by Tom Polansek, Reuters 4/26/2017 08:07 am

Tyson Foods Inc., the biggest U.S. chicken company, said on Wednesday it may raise wages again for workers at all of its poultry plants, a sign of an intensifying battle for employees in a tightening labor market.

Update: Tyson Foods' $4.2B AdvancePierre Deal 'About Growth'

by Lance Turner and Marty Cook 4/25/2017 07:02 am

Tyson Foods Inc. announces a $4.2 billion deal to purchase AdvancePierre Foods, a national producer of value-added, ready-to-eat sandwiches, sandwich components, entrées and snacks.

School for Math & Science Leases Tech Park Space

by Arkansas Business Staff 4/24/2017 06:04 pm

The Little Rock Technology Park says the Arkansas School for Mathematics, Sciences & the Arts in Hot Springs will lease space at the park for its Coding Arkansas' Future initiative.

Fayetteville's Old Post Office On the Market

by Arkansas Business Staff 4/24/2017 12:00 am

The Old Post Office building in the Fayetteville downtown square is for sale, and its star tenant is soon to be on the move.

Stephens Insurance Records Sales of $1.9 Million with Dillard's in Past Fiscal Year

by Arkansas Business Staff 4/24/2017 12:00 am

Dillard's Inc. of Little Rock spent $1.9 million in fiscal 2016 with Warren Stephens' Stephens Insurance LLC.

Georgia Pacific, UAM-CTC Team Up to Train Workers for 21st Century

by Jan Cottingham 4/24/2017 12:00 am

A worker-training technique that evolved in the Middle Ages is gaining new currency in 21st century Crossett.

Even in Bankruptcy, College Debt Stands

by Mark Friedman 4/24/2017 12:00 am

Generally, student loans aren't discharged in bankruptcy, leaving borrowers with the debt after they've gone through the process. That could be a problem for the growing number of borrowers.

Amy Hopper Leaps Into Innovation Hub (Movers & Shakers)

by Arkansas Business Staff 4/24/2017 12:00 am

Amy Hopper has been hired at the Innovation Hub at Winrock International as manager of the organization's Delta I-Fund and will relocate to Little Rock in the coming months.

U.S. Judge Dismisses Stone Bank Fraud Case

by George Waldon 4/24/2017 12:00 am

A fraud conspiracy complaint filed in federal court by the former chairman and one-time largest shareholder of Stone Bank has been dismissed.

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