Investments Archive

Employers Seek Hires With Soft Abilities Like Attitude, Teamwork

by Kyle Massey 10/24/2016 12:00 am

“Skills gap” discussions often pivot on abilities or qualifications that employers find in short supply, but broader communication and human interaction traits are more likely to determine success or failure on the job, human resources experts say.

Planned Bank Buy Not First Time for Pinnacle, Central to Consider Merger

by George Waldon 10/24/2016 12:00 am

In 2009, Central Bank of Little Rock intended to merge with Pinnacle Bank of Rogers under the Pinnacle Bancshares banner. At the time, Pinnacle Bank's asset total stood at $126 million.

Bear State Financial 3Q Earnings Up 47 Percent

by Arkansas Business Staff 10/21/2016 11:31 am

Bear State Financial Inc. of Little Rock reports third-quarter earnings of $4.7 million, up 47 percent from the same time last year.

Simmons First 3Q Net Income Up 8 Percent

by Lance Turner 10/20/2016 11:12 am

Simmons First National Corp. of Pine Bluff on Wednesday reported third-quarter net income of $23.4 million, up 8 percent from the same quarter last year.

In Little Rock, Chase Economist Finds Economic Recovery Going Well

by Sarah Campbell 10/20/2016 10:29 am

"We're not in crisis; we're getting back on our feet," economist Jim Glassman told business professionals Wednesday at an economic outlook luncheon.

Home BancShares 3Q Profit Up 22 Percent

by Lance Turner 10/20/2016 07:06 am

Home BancShares Inc. of Conway reports record quarterly profit of $43.6 million, up 22 percent from the same quarter last year.

JB Hunt 3Q Earnings Down 3 Percent

by Lance Turner 10/17/2016 09:57 am

J.B. Hunt Transport Services Inc. of Lowell on Monday reported third-quarter net earnings of $109.4 million, down 5 percent from the same time last year.

McLarty Capital Partners, USDA Launch Private Investment Fund

by Arkansas Business Staff 10/17/2016 09:19 am

The U.S. Department of Agriculture has partnered with McLarty Capital Partners of Little Rock to launch a private investment fund the two groups said could inject $100 million in rural small businesses.

Farmers Bank of Magnolia Looks To Prosper with Texas Branch

by Arkansas Business Staff 10/17/2016 12:00 am

Twelve of the 103 banks chartered in Arkansas have branches in other states. One of them is Farmers Bank & Trust of Magnolia, which was doing business 50 miles away in Texarkana, Texas, even before it acquired 1st Bank early last year.

D1 Sports Property Deal Worth $3.1 Million

by Arkansas Business Staff 10/17/2016 12:00 am

An athletic training facility, two warehouses and a 4,788-SF home form our Little Rock quartet of multimillion-dollar transactions this week.

Inuvo Sets $100M Goal For Annual Revenue

by Sarah Campbell 10/17/2016 12:00 am

Inuvo CEO Richard Howe is explicit about the company's goal: It should be posting $25 million in revenue per quarter by the fourth quarter of next year. In other words, by 2018, it should be a $100 million company.

Arvest Introduces Asa Cottrell as SVP, Sales Manager for Central Arkansas (Movers & Shakers)

by Arkansas Business Staff 10/17/2016 12:00 am

Most recently, Cottrell served as a senior vice president and manager of Arvest Wealth Management for the bank's Little Rock and Fort Smith markets.

Arkansas Cooperatives Apply Rural Electrification Model to Internet Access

by Sarah Campbell 10/17/2016 12:00 am

Ouachita Electric in Camden, North Arkansas Electric in Salem (Fulton County) and Ozarks Electric in Fayetteville plan to deliver internet via fiber optic cable to their members in the next few months.

Bank of the Ozarks' 3Q Net Income Up 65 Percent

by Lance Turner 10/11/2016 09:45 am

Bank of the Ozarks Inc. of Little Rock reports record third-quarter net income of $76.0 million, up 65 percent from the same quarter last year, as it completed two major bank acquisitions.

Ray Dillon Retires from Deltic, Mark Leland Named Interim CEO

by Gwen Moritz 10/10/2016 04:36 pm

The board of directors of Deltic Timber Corp. announced Monday the retirement of Ray C. Dillon as president and CEO and elected a new director, D. Mark Leland, as interim president and CEO.

Little Rock's Metrocentre Mall District Begins Dissolution Process

by George Waldon 10/10/2016 12:00 am

Property owners in downtown Little Rock's Metrocentre Improvement District No. 1 are finally getting a break from decades of shouldering $12.5 million of debt.

Developer Brandon Woodrome's $2M Fraud Seen From The Inside

by Mark Friedman 10/10/2016 12:00 am

In 2013, the year he turned 26, Brandon Woodrome's Fort Smith construction company generated $10.2 million in revenue, and Woodrome had a number of projects in the pipeline. But things weren't what they seemed.

Future Bank of the Ozarks HQ Site Draws Deals Totaling $12M-Plus (Real Deals)

by George Waldon 10/10/2016 12:00 am

Little Rock's Bank of the Ozarks Inc. acquired about 46.2 acres of mostly undeveloped property for a corporate campus in west Little Rock.

Maf Sonko Taps Wire on Little Rock's Tech Community

by Arkansas Business Staff 10/10/2016 12:00 am

Maf Sonko completed the Venture Center's inaugural FinTech Accelerator held in Little Rock. His startup was one of 10 chosen from 150 applicants and is planning to move to Little Rock next year. Participants received a $50,000 initial investment for a 6 percent equity position.

Waltons Among Forbes' Top 20 Richest

by Arkansas Business Staff 10/5/2016 01:31 pm

The Walton family has fallen out of the top 10 of Forbes magazine's list of the country's 400 richest people.