Investments Archive

Arkansas Baptist Gets $30M to Repay Debt, Get Back on Track

by George Waldon 12/15/2014 12:00 am

Little Rock's Arkansas Baptist College recently secured a $30 million funding agreement that has helped calm its troubled financial waters. The deal is a significant event to restore order at the 130-year-old private college after 18 months of trial and tribulation.

Jeff Gardner Leaves Windstream with $5.1M Package

by Lance Turner 12/12/2014 05:23 pm

Windstream Holdings Inc. of Little Rock files details of its final compensation payments to former CEO Jeff Gardner and its new compensation agreement with Gardner's successor, Tony Thomas.

ASTA Funds UALR Research into Solar Cell Technology

by Arkansas Business Staff 12/12/2014 11:22 am

The Arkansas Science and Technology Authority has awarded a grant of $46,500 to a University of Arkansas at Little Rock professor of physics who hopes to improve on a solar cell material as a stable source of sustainable energy.

Tony Thomas Named CEO of Windstream As Jeff Gardner Steps Down

by Lance Turner 12/11/2014 04:01 pm

Windstream Holdings Inc. of Little Rock said Thursday that Jeff Gardner has resigned as president and CEO and that Tony Thomas has been appointed to succeed him "effective immediately."

NLR Chamber, ABPG Launch Arkansas Women's Hall of Fame

by Lee Hogan 12/10/2014 01:38 pm

The North Little Rock Chamber of Commerce, in partnership with Arkansas Business Publishing Group of Little Rock, launched the Arkansas Women's Hall of Fame on Wednesday.

Citizens Bank Nabs Hot Springs Southern Bancorp Staffers

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

There's been another mass migration from one bank to another, and this one is messier than usual. The Citizens Bank of Batesville has hired 10 lenders and support staff away from Southern Bancorp Bank in Hot Springs.

Big River Pushes Construction Total to $2.2B

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

The valuation of large commercial projects underway in Arkansas approached $2.2 billion, nearly double the tally from a year ago. The big leap was thanks in no small measure to the $700 million construction contract for the Big River Steel Mill manufacturing facility near Osceola.

Opinions Divided On Dillard's REIT

by Mark Friedman 12/8/2014 12:00 am

Marcato Capital Management LP of San Francisco, which owns 4.9 percent of Dillard's Inc. stock, said in a news release last month that it wants the company to create a stand-alone real estate investment trust for its assets.

NLR Chamber, ABPG Join In Women's Hall of Fame

by Arkansas Business Staff 12/5/2014 11:36 am

The North Little Rock Chamber of Commerce is partnering with Arkansas Business Publishing Group of Little Rock to launch a new program to honor the significant contributions of Arkansas women in business, politics, philanthropy and other fields.

ASTA Launches New Mobile-Friendly Website

by Mark Carter 12/5/2014 10:59 am

The Arkansas Science & Technology Authority (ASTA) has launched a new mobile-friendly website designed to provide easier access to grants and investments for high-tech startups with the potential to create high-paying jobs in Arkansas.

Hearing Officer Appointed in Steele Stephens, Robert Keenan Cases

by Lance Turner 12/2/2014 01:40 pm

Arkansas Securities Commissioner A. Heath Abshure said Tuesday that he has appointed Jack Pruniski of Hilburn Calhoon Harper Pruniski & Calhoun of Little Rock as hearing officer in the cases of Steele Stephens and Robert Keenan.

Hearing Scheduled for Unregistered Stock Complaint

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

A lawsuit filed by a Little Rock man's trust claims that a Missouri broker was not registered in Arkansas when he used some of the man's life savings to buy unregistered stock.

Tampa Bay Rays Pitcher Drew Smyly, Father Buy Beef 'O' Brady's In Maumelle

by Jan Cottingham 12/1/2014 12:00 am

For Todd Smyly, father of Tampa Bay Rays pitcher Drew Smyly, going in with his son to buy the Beef ‘O' Brady's franchise in Maumelle wasn't much of a stretch, for a lot of reasons.

Claims Pass $18M as John Rogers' Dealings Draw More Lawsuits

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

Two lawsuits against North Little Rock memorabilia dealer John Rogers add more than $2.6 million to claims that now top $18 million as questions about his business dealings continue to mount.

Spencer Jones' 5 Tips for Startup Success

by Mark Carter 12/1/2014 12:00 am

Spencer Jones, who won the 2014 fall edition of the ARK Challenge with his Little Rock startup Jones Innovative Medical Solutions, has some advice for aspiring entrepreneurs looking to emulate his early success.

Like Hogs, ARK Challenge Winner Spencer Jones on Upward Trajectory

by Mark Carter 12/1/2014 12:00 am

While the Razorbacks toiled themselves back to respectability in the rugged Southeastern Conference, Spencer Jones developed his Little Rock startup, Jones Innovative Medical Solutions, alongside some of the state's most promising young entrepreneurs at the ARK Challenge.

CPA Gary Cooper on What Common Mistake You May Be Making With Your Accountant

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

Gary Cooper has been a featured speaker for the Arkansas State Society of Certified Public Accountants, Lorman Education Services and the National Business Institute. He is the managing partner of JPMS Cox, the state's fourth-largest accounting firm.

Charities Prosper Under New Laws, Economy

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

An improving economy and a state full of philanthropic hearts have meant another good year for Arkansas charities, despite concerns that tax law changes might have caused complications.

Stephens Interest in Newspapers Waning

by Sean Beherec 12/1/2014 12:00 am

Stephens Media, the newspaper chain jointly owned by Warren Stephens and his cousins, Witt Stephens Jr. and Elizabeth Stephens Campbell, has been downsizing since a new CEO arrived last December. And last month, the Florida-based newspaper chain that Warren Stephens helped start in 2010 was sold in a $280 million deal that will close early next year.

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.