Investments Archive

Makris: Simmons First Looking at Nearby States for Expansion

by Gwen Moritz 4/20/2016 10:31 am

Simmons First National Corp., having moved into Tennessee and expanded its presence in Missouri and Kansas, is now casting eyes on more neighboring states, CEO George Makris Jr. said Tuesday night.

UA Teams Win Donald Reynolds Business Competition

by Arkansas Business Staff 4/20/2016 09:46 am

Drone Surveying Solutions, from the University of Arkansas at Little Rock, won the undergraduate division of the 16th annual Donald W. Reynolds Collegiate Business Plan Competition.

JB Hunt 1Q Net Income Up 9 Percent

by Arkansas Business Staff 4/18/2016 09:35 am

J.B. Hunt Transport Services Inc. of Lowell on Monday reported first-quarter earnings of $100.1 million, up from $91.9 million from the same quarter of 2015.

Taxing Times: IRS Data on Refunds

by Arkansas Business Staff 4/18/2016 12:00 am

The IRS issued more than 119 million refunds amounting to almost $403.3 billion in fiscal year 2015 after collecting more than $3.3 trillion in gross taxes.

Executive Recruiter Cameron Smith on Assessing Assistants

by Arkansas Business Staff 4/18/2016 12:00 am

Cameron Smith founded the executive recruitment firm Cameron Smith & Associates in 1992. The firm has gone on to become the top provider of executive talent to the almost 1,400 vendors doing business with Wal-Mart Stores Inc.

Zoe's Kitchen Serves $2.2 Million WLR Sale (Real Deals)

by George Waldon 4/18/2016 12:00 am

A California company bought the Zoe's Kitchen restaurant at 12900 Chenal Parkway from Zoe's Arkansas LLC of Plano, Texas.

NanoMech Gets $10M for Work With Saudi Arabian Oil Company

by Arkansas Business Staff 4/13/2016 11:41 am

NanoMech of Springdale announced Wednesday that it has secured $10 million in capital for leading its Series C Financing round from Saudi Aramco Energy Ventures.

Communications Sales & Leasing Files 1st Proxy

by Sarah Campbell 4/13/2016 11:15 am

CEO and President Kenneth Gunderman was paid $6.37 million last year.

PAM Transport Buys Back 567K Shares

by Marty Cook 4/13/2016 10:26 am

PAM Transport Inc. of Tontitown announced it would purchase 567,413 shares of its stock at $31 per share for about $17.6 million.

Bank of Ozarks Reports Record 1Q Net Income

by Lance Turner 4/12/2016 11:32 am

Bank of the Ozarks Inc. of Little Rock on Monday reported first-quarter net income of $51.7 million, a new record, and up nearly 30 percent from the same quarter last year.

FBI Peers Into Soul of the South Finances

by Arkansas Business Staff 4/11/2016 12:00 am

Inquiries about how the Arkansas Development Finance Authority and the Arkansas Economic Development Commission came to invest more than $1.7 million in Soul of the South's short-lived financial fiasco are being made.

Larry Crain Leads Land Swap in Conway

by Arkansas Business Staff 4/11/2016 12:00 am

A Conway property swap near the northwest interchange of Dave Ward Drive and Interstate 40 yielded a flip-flop of ownership.

Dillard's Spends Over $2.25M on Stephens Insurance, Media Buys in Fiscal 2015

by Arkansas Business Staff 4/11/2016 12:00 am

Dillard's Inc. of Little Rock spent more than $2.25 million with companies associated with Warren Stephens in its fiscal 2015.

Shale Play Loan Hits Nonaccrual at Heartland Bank

by George Waldon 4/11/2016 12:00 am

Among Heartland's biggest and worst energy-related loans is one connected with a shale play in the New Albany formation of eastern Illinois.

Tandem Apartment Sales Add Up to $11.2 Million (Real Deals)

by George Waldon 4/11/2016 12:00 am

Shorter College Gardens Apartments in North Little Rock sold for $7.05 million while Willow Bend Apartments in Jacksonville sold for $4.25 million.

Former USA Truck Executives Earn $4.2M in 2015

by Marty Cook 4/8/2016 12:57 pm

USA Truck Inc. of Van Buren paid more than $4.2 million to former executives in 2015, according to a proxy statement the company filed with the Securities & Exchange Commission.

Murphy Oil Corp. Issues 35-cent Dividend

by Kyle Massey 4/6/2016 11:10 am

Murphy Oil Corp. of El Dorado declared a quarterly dividend of 35 cents a share on Wednesday, maintaining a dividend level it has kept up since 2014 despite depressed oil prices.

CapRocq Core 2 Invests $7.5M in Ohio Properties

by Arkansas Business Staff 4/6/2016 10:39 am

CapRocq Core 2, an Arkansas-based real estate partnership, on Monday announced a $7.5 million investment in the 1400 Goodale buildings in Grandview Heights, Ohio, a suburb of Columbus.

Dillard Family Reports Lower Compensation in 2015

by Mark Friedman 4/4/2016 05:13 pm

Dillard family members who work at Dillard's Inc. of Little Rock saw their total compensation packages shrink in 2015.

Investors Battle Over Valuable Soul of the South License

by George Waldon 4/4/2016 12:00 am

A schism among Soul of the South investors has erupted into a lawsuit over control of the venture's most valuable asset: the broadcast license for KMYA-TV, Channel 49.