Investments Archive

I've Got a Tip for You (Gwen Moritz Editor's Note)

by Gwen Moritz 5/26/2014 12:00 am

Every other year since 2000, the Association of Certified Fraud Examiners has issued a big, thick study that it calls, ominously, “Report to the Nations on Occupational Fraud.” The eighth Report to the Nations was released this month, and it came to the same conclusion as earlier ones: A typical organization loses 5 percent of revenue each year to fraud.

Bank of the Ozarks Investment Pays Off for High School Graduate

by Arkansas Business Staff 5/26/2014 12:00 am

George Gleason, chairman and CEO of Little Rock's Bank of the Ozarks Inc., shared an anecdote during the company's recent annual shareholders meeting. It began a decade ago.

Former Voyager Financial Co-owner Sues After Payments Stop

by Arkansas Business Staff 5/26/2014 12:00 am

After getting stung by the Arkansas Securities Department, the Voyager Financial Group LLC of Little Rock is facing another mess involving its former co-owner.

Teamsters Appealing to Gov. Beebe to Save ABF Jobs in NLR

by Marty Cook 5/23/2014 03:11 pm

The president of the Teamsters local in North Little Rock says he will meet with Gov. Mike Beebe next week as the union tries to keep ABF Freight Systems from moving its distribution center — and most of its 300-plus jobs — to Memphis.

UPDATE: USA Truck Expands Board of Directors for Largest Shareholders

by Marty Cook 5/23/2014 01:33 pm

USA Truck Inc. of Van Buren expanded its board of directors to make room for representatives from its largest shareholders. Stone House Capital and Baker Street, that formed United Shareholders for the Benefit of USAK, now own nearly 3 million shares, or 28 percent in the trucking firm.

Fayetteville's TiFiber Develops Potential Replacement for Triclosan

by Mark Carter 5/23/2014 09:38 am

Fayetteville's TiFiber has announced an exclusive license to commercialize synthetic, antimicrobial polymers that could replace the controversial antibacterial agent triclosan through a bar soap product from Bradford Soap Works.

Export Awards Honor Arkansas Steel, Triangle Engineering, SweepScrub, Harris International, POM

by Mark Carter 5/22/2014 02:11 pm

Five Arkansas companies that do business overseas were honored at the fifth annual Governor's Award for Excellence in Global Trade awards luncheon.

Renewable Energy Group Buys Tyson Foods' Stake in Dynamic Fuels

by Arkansas Business Staff 5/21/2014 03:59 pm

Renewable Energy Group Inc. has reached an agreement with Tyson Foods Inc. of Springdale to acquire Tyson's 50 percent ownership of Dynamic Fuels LLC, the companies announced Wednesday.

Dillard's Declares Quarterly Dividend of 6 Cents

by Lance Turner 5/21/2014 11:18 am

The department store chain, which has said it will be returning more money to shareholders, declared the dividend on its class A and B common stock.

Midtowne Shopping Center Sells for $41M

by Lance Turner 5/20/2014 01:47 pm

An Illinois company is expanding its holdings along a major shopping corridor in Little Rock. Inland Real Estate Income Trust Inc. has purchased the 126,288-SF Midtowne Shopping Center.

Arkansas Venture Center Launches With $500K Grant From State

by Mark Carter 5/20/2014 01:11 pm

The Venture Center is a membership-driven, nonprofit organization that offers entrepreneurial services related to startup acceleration, corporate innovation and technical training.

Arkansas Business to Honor 21st 40 Under 40 Class

by Arkansas Business Staff 5/20/2014 10:24 am

For the 21st consecutive year, Arkansas Business will honor the state's outstanding young professionals at a luncheon for its 40 Under 40 class.

George Gleason Casts An Eye Back to Record Profits

by George Waldon 5/20/2014 09:18 am

George Gleason likes where Bank of the Ozarks Inc. is heading and believes the $6.8 billion-plus asset concern is tracking back toward its record-setting path.

Ascendant Dx Closes $2M Funding Round, Adds Board Members

by Mark Carter 5/20/2014 08:22 am

Ascendant Dx of Fayetteville, has developed an early detection test for breast cancer, closes a $2 million funding round and adds two members to its board of directors.

Inuvo CEO Salary Down, Compensation Up

by Luke Jones 5/19/2014 04:56 pm

The salary for Inuvo Inc. CEO Richard Howe fell in 2013, but his total compensation rose.

Bank of the Ozarks Expands Board to 15 Members

by George Waldon 5/19/2014 11:19 am

Greg McKinney, Bank of the Ozarks' chief financial officer and chief accounting officer, is elected to the firm's board of directors during its annual shareholders' meeting. The 45-year-old executive joined the company in 2003.

WLR Tech Buy Hits $1.5M (Real Deals)

by George Waldon 5/19/2014 12:00 am

A 13,965-SF commercial building in west Little Rock changed hands in a $1.5 million sale. A 6,575-SF office building in west Little Rock drew a $745,000 transaction. And land beneath a south Little Rock convenience store rang up a $400,000 transaction.

Conway Gets A Purple Cow Near Hendrix

by Jan Cottingham 5/19/2014 12:00 am

This year marks the 25th anniversary of the opening of the first Purple Cow restaurant, in Little Rock, and April 2 marked the opening of the fourth Purple Cow, at The Village at Hendrix in Conway.

Decision-Making in an Uncertain Environment (Karen Moustafa Leonard Expert Advice)

by Karen Moustafa Leonard 5/19/2014 12:00 am

We all make decisions every day. But in uncertain external and internal business environments, organizational decision-making is becoming a more complicated art. Both environments offer unique challenges for every leader.

Shady Enewsletter Spreads Fake News on Centennial, First Security

by Arkansas Business Staff 5/19/2014 12:00 am

A screenshot that appeared to be an e-newsletter called “Arkansas Banking News” made the rounds Thursday afternoon. Its top headline: “Bank of America to Acquire Centennial Bank,” with what looked to be a link to the Arkansas Times.