Investments Archive

Windstream Adds William LaPerch, Michael Stoltz to Board

by Arkansas Business Staff 9/9/2014 10:05 am

Windstream Holdings Inc. of Little Rock on Tuesday announced the appointments of William LaPerch, the former president and CEO of AboveNet Communications Inc., and Michael Stoltz, a former audit partner with Ernst & Young, to its board of directors.

First Arkansas Bank Sues NLR Businessman John Rogers for $14.2M

by George Waldon 9/8/2014 01:46 pm

First Arkansas Bank & Trust has sued to collect $14.2 million from North Little Rock businessman John Rogers. Meanwhile, Rogers is no longer involved in day-to-day operations of the photo archive and sports memorabilia venture and hasn't been for more than six months, according to Mac Hogan, who's now running the business.

Josh Moody's Overwatch Headed to San Francisco for TechCrunch 'Disrupt'

by Mark Carter 9/5/2014 10:53 am

Innovate Arkansas client firm and ARK Challenge alumni startup Overwatch will participate in the prominent national tech conference TechCrunch Disrupt next week in San Francisco.

ARK Challenge Hosts Early Demo Day for NWA Teams

by Mark Carter 9/4/2014 02:35 pm

The "lean and mean" theme adopted for the third installment of the ARK Challenge carried over to the startup accelerator program's Demo Day, held Thursday in the Great Hall at the Crystal Bridges Museum of American Art in Bentonville.

Have It Your Way, Eh? (Robert Coon On Politics)

by Robert Coon 9/3/2014 02:52 pm

The recent announcement by Burger King Corp. that it would be merging with Canadian donut and coffee chain Tim Hortons and “domiciling” the combined company in Canada has reignited the debate over corporate tax inversions.

Little Rock's RxResults Raises $4M Investment Round

by Mark Carter 9/3/2014 12:26 pm

UAMS startup RxResults, a pharmacy risk management company based in Little Rock, on Wednesday announced a $4 million investment by Ansley Equity Partners and Ansley Equities of Naperville, Ill.

Dassault Breaks Ground on $60M Hangar Dedicated to New Models

by Mark Carter 9/2/2014 10:17 am

Dassault Falcon Jet breaks ground on a $60 million expansion at its Little Rock completion facility.

Simmons First Completes Delta Trust Acquisition

by Arkansas Business Staff 9/2/2014 08:43 am

Simmons First National Corp. of Pine Bluff has completed its acquisition of Delta Trust & Banking Corp. of Little Rock.

David Henry Home Set for Thursday Auction at Pulaski County Courthouse

by Arkansas Business Staff 9/1/2014 12:00 am

In addition to a five-year prison sentence for mail fraud and tax evasion, attorney David Henry Sr. forfeited his Little Rock home as part of a restitution plan to pay back $1.02 million.

Simmons' Deal for Delta Trust: 3 Years Coming

by George Waldon 9/1/2014 12:00 am

The acquisition of Little Rock's Delta Trust & Banking Corp. by Simmons First National Corp. of Pine Bluff was announced in March and should be completed by the end of the month. But the merger dance began three years ago.

Cliff Beckham's Exit from USA Truck ‘A Bit of a Victory Lap'

by Marty Cook 9/1/2014 12:00 am

Thanks to conservative living and USA Truck's generosity — the company is letting Beckham keep a $75,000 bonus he received in April — Beckham doesn't have to make hasty job decisions any time soon. For 20 years he invested his disposable income in USA Truck stock, the same stock he nervously began to sell, for the first time, on Aug. 11.

Metro Builders Property Weighs In at $3.8 Million (Real Deals)

by George Waldon 9/1/2014 12:00 am

A commercial project in North Little Rock shifted ownership in a $3.8 million transaction. Dozens of lots in North Little Rock's Villages of San Luis residential development were sold in combined transactions totaling $1.56 million. And a 17,234-SF nonprofit facility in midtown Little Rock tipped the scales at $1.35 million.

Scooter Stuart's Tainted Assets Draw More Fire

by George Waldon 9/1/2014 12:00 am

This year's number of new lawsuits surrounding the controversial business affairs of the late Layton “Scooter” Stuart indicates the rancor is only growing.

Tyson Foods, Hillshire Settle With Justice Department Over $8.5B Merger

by Lance Turner 8/27/2014 01:56 pm

Tyson Foods Inc. of Springdale and Hillshire Brands Co. of Chicago say they have reached a settlement with the U.S. Department of Justice's Antitrust Division that, if approved, would allow the companies' $8.5 billion merger to proceed.

ADW Capital Takes 3 Percent Stake in USA Truck, Calls for CEO's Ouster

by Marty Cook 8/25/2014 06:22 pm

The managing member of ADW Capital Partners LP of New York City calls for a change in leadership and a selling off of divisions at USA Truck Inc. of Van Buren.

Lou Ann Nisbett On What Attracts Industry to Pine Bluff

by Arkansas Business Staff 8/25/2014 12:00 am

Lou Ann Nisbett is the president and CEO of the Economic Development Alliance for Jefferson County.

LR Retail Centers Draw $6.1 Million Transaction (Real Deals)

by George Waldon 8/25/2014 12:00 am

Two retail projects in southwest Little Rock tipped the scales at $6.1 million. Geyer Springs Shopping Center LLC of Brooklyn, New York, bought its namesake 152,852-SF property at 8717 Geyer Springs Road and the 21,760-SF Geyer South project at 8521 Geyer Springs Road.

VIC Develops Own Startup ‘Venture Ecosystem'

by Mark Carter 8/25/2014 12:00 am

A unique technology transfer model is helping a Fayetteville company incubate early-stage, high-tech startups and place them on a path to market success.

Superior Closure Sparks Northwest Arkansas Efforts To Find Jobs for Workers

by Marty Cook 8/25/2014 12:00 am

Melissa Turner says it was a somber day said when the news came that Superior Industries was closing its Rogers plant. But then the community stepped in, and not just Rogers either.

North Little Rock's Rockwater Residences Poised for Relaunch

by George Waldon 8/25/2014 12:00 am

The opening round of single-family development is about to launch at Rockwater Village in North Little Rock. Seven of the 33 lots are under contract to future residents of the riverside neighborhood.