Investments Archive

Acxiom to Expand Share Repurchase Program

by Lance Turner 4/2/2018 11:44 am

Data services provider Acxiom Corp. of Conway says it will expand its share repurchase program by $100 million to $500 million and extend it through Dec. 31, 2019.

Boss Hogg 2.0 (Gwen Moritz Editor's Note)

by Gwen Moritz 4/2/2018 12:00 am

Even after Allied Bank was shut down by the Arkansas State Bank Department in 2016, I wasn't expecting a 40-page report from the Office of Inspector General. But Allied was special.

Marijuana Commission's Carlos Roman Defends Panel's Choices

by Arkansas Business Staff 4/2/2018 12:00 am

Dr. Carlos Roman, a member of the Arkansas Medical Marijuana Commission, disputes what he calls the “false narrative” about his scoring of the applicants and defended the honesty of the commission.

Quinn Says Gibbons Promissory Note Already Paid

by Arkansas Business Staff 4/2/2018 12:00 am

That promissory note, assigned to Tom Gibbons on Aug. 29, 2016, originally was held by Lex Golden, the former controlling party of defunct Allied Bank.

Simmons Bank: Darren McFadden Gave Adviser Bank Access

by Mark Friedman 4/2/2018 12:00 am

Simmons First National Corp. has denied any wrongdoing in its handling of the bank account of Darren McFadden, the former Arkansas Razorback and NFL player. McFadden has blamed the Pine Bluff bank for failing to warn him about more than $10 million in cash withdrawals and transfers by his financial adviser.

How the Goldens Ruled: Fed Report on Allied Notes Self-Dealing, Insider Abuse

by George Waldon 4/2/2018 12:00 am

The narrative of the report is dominated by criticism of the Goldens, by title rather than name, and the bank board they held sway over.

$8.5M Transaction Visits Residence Inn (Real Deals)

by George Waldon 4/2/2018 12:00 am

The 96-room Residence Inn by Marriott in west Little Rock was the big ticket item of three recent hotel sales in Pulaski County.

Mark Skelton to Support FNBC Small Business Expansion (Movers & Shakers)

by Arkansas Business Staff 4/2/2018 12:00 am

Mark Skelton has been promoted to vice president and senior commercial lender for FNBC Small Business in Batesville.

Adam Mitchell of Citizens Bank Says Expansion in Arkansas Will Come Naturally

by Arkansas Business Staff 4/2/2018 12:00 am

Adam Mitchell talks about his recent move from Simmons Bank to Citizens Bank as president and chief lending officer.

Walmart to Move Formal Business Out of Walton Arena Party

by Lance Turner 3/29/2018 09:47 am

Walmart Inc. of Bentonville said Wednesday that it will change the format of its annual shareholders meeting, which takes place June 1 at Bud Walton Arena at the University of Arkansas in Fayetteville.

Tom Gibbons Fires Latest Shot in Walter Quinn Disputes

by Arkansas Business Staff 3/26/2018 12:00 am

A new lawsuit has been filed against Walter Quinn and his Quinn Investments Ltd. and Quinn Management Co.

Plan Now for a 'Black Sky Event' (David Maxwell Commentary)

by David Maxwell 3/26/2018 12:00 am

The causes that would trigger a black sky event take the response and restoration to a new level. In a longer electrical outage, the cascading effects magnify.

Frisbee Gets Full Plate at First Community Bank (Movers & Shakers)

by Arkansas Business Staff 3/26/2018 12:00 am

Colbey Frisbee has been named community president for First Community Bank in Cabot.

ArcBest Execs See Pay Rise in 2017

by Lance Turner 3/23/2018 11:24 am

ArcBest Corp. CEO Judy McReynolds made $2.1 million in 2017, up from the $1.61 million she made in in 2016, the company reported in its annual proxy statement filed with the U.S. Securities & Exchange Commission.

P.A.M. Executives Get Pay Boost in 2017

by Lance Turner 3/21/2018 10:33 am

Both named executive officers of P.A.M. Transportation Services Inc. of Tontitown saw their total compensation rebound last year, according to the company's proxy statement, filed Tuesday.

Baltz Fired, Standridge Laid Off at CARTI

by Arkansas Business Staff 3/19/2018 12:00 am

Dr. Brad Baltz, an oncologist at CARTI, was fired last week.

Foreclosure Sale Falls Through in Walter Quinn Case

by Arkansas Business Staff 3/19/2018 12:00 am

The auction, scheduled for Feb. 8 at the Pulaski County Courthouse, was called off at the 11th hour, and the financial dispute has gone quiet.

Metro Little Rock's Luxury Units Bridge the Generation Gap

by Kyle Massey 3/19/2018 12:00 am

Millennials and young professionals who ignited the luxury apartment boom in central Arkansas are now living with people their parents' age.

Jerry Webster Sees Nothing Flat for Apartment Market

by Arkansas Business Staff 3/19/2018 12:00 am

The housing crisis of 2008 changed the market permanently, says Jerry Webster, president of Webster Corp. of Little Rock.

Grove at Pleasant Ridge Visited By $19M Sale (Real Deals)

by George Waldon 3/19/2018 12:00 am

An investment group led by Canyon View Capital of Santa Cruz, California, bought The Grove at Pleasant Ridge in west Little Rock.