Investments Archive

Windstream to Acquire Broadview Networks Holdings in $227.5M Deal

by Lance Turner 4/13/2017 06:57 am

Windstream Holdings Inc. of Little Rock agrees to acquire Broadview Networks Holdings Inc. of Rye Brook, New York, in an all-cash transaction valued at $227.5 million.

Bear State Sets Annual Meeting Date, Discloses Salaries

by George Waldon 4/12/2017 11:09 am

The annual filing also disclosed that Bear State Financial Holdings LLC of Little Rock remained the largest shareholder with a 40.28 percent stake worth more than $141 million.

Bank of the Ozarks Posts Record 1Q Net Income

by Lance Turner 4/11/2017 06:56 am

Bank of the Ozarks Inc. of Little Rock says net income for the first quarter was a record $89.2 million, up 73 percent from the same quarter last year.

Uniti Group to Buy Southern Light LLC in $700M Deal

by Arkansas Business Staff 4/10/2017 11:54 am

Uniti Group Inc. of Little Rock agrees to acquire privately-held fiber network provider Southern Light LLC of Mobile, Alabama, for about $700 million in cash and equity.

Asa Hutchinson Among Speakers at 2nd Conference on Delta's Future

by Arkansas Business Staff 4/10/2017 11:33 am

Gov. Asa Hutchinson will be the featured luncheon speaker at a conference on the future of the Arkansas Delta on May 19 at the Pine Bluff Convention Center.

Foreclosure Suit Takes Aim at Home of Walter Quinn

by Arkansas Business Staff 4/10/2017 12:00 am

Malvern National Bank claims more than $1.2 million is outstanding on a loan secured by the Riverview Point residence. The loan has been in default since November, according to the bank.

Brandon Woodrome Makes Request for Leniency

by Arkansas Business Staff 4/10/2017 12:00 am

Brandon Woodrome, the 29-year-old former Fort Smith construction company owner, has asked for a light term in federal prison when he is sentenced next week for one count each of bank fraud and wire fraud.

Bank Assets, Profits Up; Charters Dwindle on List of Largest Arkansas Banks

by Gwen Moritz 4/10/2017 12:00 am

Out-of-state acquisitions by publicly traded banks pushed total assets reported by Arkansas charters up by almost 17 percent to more than $88 billion at year-end 2016.

Searcy Energy Lender Southeast Capital Quietly on the Rise

by Kyle Massey 4/10/2017 12:00 am

Jay Barber has quietly built a national business as an energy banker in Searcy, but he's not completely hush-hush.

Grief, Pain and the Fall of Turner Grain

by Mark Friedman 4/10/2017 12:00 am

With his father's death in late 2013 and stress contributing to his losing some 60 pounds in 30 days, Turner Grain Merchandising Inc. co-owner Jason Coleman said he was in no condition to run his company in the months leading to its collapse in August 2014.

Filling A Void in Education (Gwen Moritz Editor's Note)

by Gwen Moritz 4/10/2017 12:00 am

Since my mother showed me how a mortgage amortization worked when I was in junior high, I'm surprised that even a high school student wouldn't know what interest is. Act 480 requires schools to introduce students to basic consumer finance, debt and credit management, and the need is obvious.

The Latest Chance for Pine Bluff (Editorial)

by Arkansas Business Editors 4/10/2017 12:00 am

Pine Bluff has never lacked for boosters, but there must be more than sentimental nostalgia for a once-great city to create real, sustainable growth.

Feds Ask To Sell One Bank & Trust

by George Waldon 4/10/2017 12:00 am

A change of ownership is in motion for Little Rock's One Bank & Trust. The U.S. government has asked for a court-ordered stock sale of controlling interest in the $305 million-asset bank.

Arkansas Loosens Limits, Expands Crowdfunding Options

by Marty Cook 4/10/2017 12:00 am

More Arkansas investors will soon have more options for putting their money to work.

Supreme Court Justices' Data Offers a Peek Beyond Pay

by Mark Friedman 4/10/2017 12:00 am

The seven justices who sit on the Arkansas Supreme Court have a wide range of business investments, from property to tower rent for a radio station.

Whose Facts Will They Believe? (Jim Karrh On Marketing)

by Jim Karrh 4/10/2017 12:00 am

Business people need to understand data and use it to communicate effectively with consumers, regulators and the media. How can you make your case, clearly and honestly, in such a skeptical age?

Paul Kanneman Joins Simmons Bank as EVP, CIO (Movers & Shakers)

by Arkansas Business Staff 4/10/2017 12:00 am

Paul Kanneman has joined Simmons Bank as executive vice president and chief information officer. In his role as CIO at Simmons, Kanneman's duties will include management of information technology infrastructure, physical and information security, data analytics, business applications and information technology project management.

Dillard Family's Pay Rose in 2016

by Mark Friedman 4/7/2017 10:22 am

Dillard family members who work at Dillard's Inc. of Little Rock saw their total compensation packages rise in 2016.

Kansas City REIT Buys Magic Springs Theme Park

by Gwen Moritz 4/6/2017 05:02 pm

EPR Properties, a specialty real estate investment trust, announced Thursday a deal to purchase Magic Springs Theme & Water Park in Hot Springs and to retain Premier Parks LLC as its operator.

Outgoing USA Truck Execs Forfeit Company Shares

by Marty Cook 4/5/2017 11:06 am

Randy Rogers, the former CEO of USA Truck Inc. of Van Buren, would have made nearly $2 million in compensation in 2016 if he hadn't left the company.

Search