Investments Archive

You Can Make Nominations Now for Arkansas Business 40 Under 40

by Arkansas Business Staff 3/4/2016 07:00 am

For the 23rd consecutive year, Arkansas Business is seeking nominations for its 40 Under 40 program, which recognizes 40 professionals under the age of 40 who excel in their profession and are leaving their mark on the Arkansas business and nonprofit community.

Bank of the Ozarks Aims to Add 2 to Board of Directors

by George Waldon 3/1/2016 11:37 am

Two new members are nominated to join the board of directors at Little Rock's Bank of the Ozarks Inc.

M&M Cleanup Company Meets Messy End

by Mark Friedman 2/29/2016 12:00 am

Instead of soaring under new ownership, M&M Environmental Group, which provided environmental services to the oil and gas industries, went into a tailspin. So did the relationship between McFadin and the Omega Group; eventually the two sides deadlocked on whether to file for bankruptcy protection late last year.

Arkansas Colleges Live With Legacy of 1942 Vote

by Gwen Moritz 2/29/2016 12:00 am

Placed on the statewide ballot by petition and adopted on Nov. 3, 1942, Amendment 33 insulated institutes of higher education and “all charitable, penal or correctional institutions” from the whims and provincialism of politicians.

Scooter Stuart's Fall Still Feeds Litigation

by George Waldon 2/29/2016 12:00 am

Only a handful of lawsuits that erupted from the upheaval at One Bank & Trust continue to wind through the court system.

FIS FinTech Set To Start at Venture Center

by Mark Carter 2/29/2016 12:00 am

This spring, global banking technology services provider FIS will kick off its first fintech startup accelerator program in partnership with the Venture Center in downtown Little Rock.

Windstream Swings to Profit in 4Q, Fiscal Year

by Lance Turner 2/25/2016 11:11 am

Windstream Holdings Inc. of Little Rock goes from a loss to a $140.5 million profit in the fourth quarter, and its fiscal 2015 earnings also returned to the black, as the company plans "multiple paths" to shareholder value this year. "Our year-end results reflect the strength and potential of our business and were in-line with our 2015 guidance," President and CEO Tony Thomas said.

Fayetteville's WattGlass Receives $746K to Develop Nano-Coating Technology

by Arkansas Business Staff 2/22/2016 11:14 am

The National Science Foundation has awarded a $746,366 grant to Fayetteville's WattGlass to further develop a University of Arkansas patent-pending coating technology that makes glass anti-reflective, self-cleaning and highly transparent.

Pair of Fox Ridge Centers Buys Total $46.6 Million

by Arkansas Business Staff 2/22/2016 12:00 am

A pair of assisted living centers, a pair of apartments, a fast-food eatery and an office-warehouse project provide a six-pack of multimillion-dollar transactions in Pulaski County.

John Goodson Helped Law Firms Get State Auditor Contract Potentially Worth Millions

by Mark Friedman 2/22/2016 12:00 am

State Auditor Andrea Lea agreed to pay inexperienced out-of-state attorneys a fee nearly twice as high as other states have committed to pay in a pursuit of unredeemed U.S. Treasury bonds.

Kansas Begins Rush to Claim Treasury Bonds

by Mark Friedman 2/22/2016 12:00 am

In January 2014, Kansas became the first state to cash abandoned U.S. Treasury bonds in its possession, starting a gold rush of sorts of state claims to bonds that have been found and some that haven't.

Little Bird Systems of Fayetteville Puts 'Internet of Things' to Industrial Use

by Marty Cook 2/22/2016 12:00 am

Bryon Western and Edgar Cilio of Little Bird Systems bonded over taekwondo, work for chicken feed and love figuring out ways to work on the “Internet of Things.”

La Quintas Top $9M In Transaction String (Real Deals)

by George Waldon 2/22/2016 12:00 am

Prominent Hotels LLC of Irving, Texas, bought two west Little Rock projects at 200 S. Shackleford Road and 1010 Breckenridge Drive and the 4100 E. McCain Blvd. project in North Little Rock for nearly $7.5 million from LQ Properties LLC of New York.

Slim Chickens Sees Revenue Grow to $50 Million

by Jan Cottingham 2/22/2016 12:00 am

Slim Chickens, the Fayetteville chain that in 2014 announced a goal of 600 restaurants by 2025, now has 30 stores and agreements in 14 states, including Arkansas, Oklahoma and Texas.

Kim Lane Moves from AMP, AY to Innovation Hub

by Mark Carter 2/22/2016 12:00 am

Kim Lane is the new director of digital and entrepreneurial programming for the Arkansas Regional Innovation Hub.

Vote for Public Transit (Jimmy Moses Commentary)

by Jimmy Moses 2/22/2016 12:00 am

Recently, the Downtown Little Rock Partnership, the North Little Rock Chamber of Commerce, the Maumelle Chamber of Commerce and several community leaders have endorsed the quarter-cent sales tax to fund public transit on the March 1 Pulaski County ballot.

‘The Powerful Forces of Short-Termism' (Gwen Moritz Editor's Note)

by Gwen Moritz 2/15/2016 12:00 am

A couple of weeks ago, a dreamy-eyed idealist called on Wall Street to change its ways, to think about the future and the overall economy, not just today's share price and this quarter's dividend. And it wasn't Bernie Sanders. It was Larry Fink, co-founder and CEO of BlackRock Inc., the largest investor in the world.

Tesseract Center, Arkansas Universities Embrace Game Design

by Marty Cook 2/15/2016 12:00 am

Arkansas universities are embracing the curriculum of digital game design, an industry that pays its software developers a median income of more than $90,000.

Unemployment Falls in Arkansas Metros in 2015

by Arkansas Business Staff 2/15/2016 12:00 am

Unemployment in Arkansas' metropolitan areas has fallen significantly in the last year, notes Michael Pakko, an economist at the University of Arkansas at Little Rock.

Edward Jones Adds Two in Little Rock (Movers & Shakers)

by Arkansas Business Staff 2/15/2016 12:00 am

Jenny Anderson and Jeremy Schoen have been hired by Edward Jones Investments in Little Rock as financial advisers.