Investments Archive

Sale of Bald Knob Bank Completed

by Gwen Moritz 2/26/2014 11:18 am

Southern Missouri Bancorp Inc. of Poplar Bluff completes its acquisition of Citizens State Bankshares of Bald Knob Inc. on Friday.

OZRK CEO George Gleason's Pay, Options Exceed $8M in 2013

by Gwen Moritz 2/26/2014 11:08 am

George Gleason, chairman, CEO and largest shareholder of Bank of the Ozarks Inc., was paid $4.3 million in total compensation last year and realized an additional $3.8 million by exercising stock options.

John Hugg, Jill Darling Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2014 07:31 am

Each year, Arkansas Business Publishing Group sponsors the awards to honor businesses in three categories related to number of employees as well as business executives, nonprofit executives and nonprofit organizations in Arkansas.

After 22 Years, Lane Kidd Ready for A New Stretch of Road

by Marty Cook 2/25/2014 08:22 am

Lane Kidd, president of the Arkansas Trucking Association for 22 years, talks about the next stage in his career, leading an investment and public relations company called The Kidd Group.

Lane Kidd Leaves Arkansas Trucking Association

by Arkansas Business Staff 2/24/2014 09:01 am

Lane Kidd says he's leaving the Arkansas Trucking Association after 22 years as president of the group.

Dillard's 4Q Profit Down 26 Percent

by Arkansas Business Staff 2/24/2014 07:18 am

Dillard's Inc. of Little Rock reports fourth-quarter profit of $119.1 million, down 26 percent from the same time last year.

Beebe Taps Gene Eagle To Head Arkansas Development Finance Authority

by Arkansas Business Staff 2/24/2014 12:00 am

Gene Eagle was recently appointed president of the Arkansas Development Finance Authority by Gov. Mike Beebe, succeeding Mac Dodson, who retired on Jan. 31. The ADFA specializes in low-cost financing for low- to moderate-income housing development, small industries and agricultural businesses.

Judge To Rule On Rogers Bancshares Liquidation Plan in March

by Arkansas Business Staff 2/24/2014 12:00 am

As the Chapter 11 bankruptcy of Rogers Bancshares Inc. of Little Rock winds down, it looks like the secured creditors will be taken care of to the tune of nearly $45 million.

Update: Windstream Cutting 400 Employees Companywide

by Luke Jones and Lance Turner 2/21/2014 01:17 pm

Windstream Holdings Inc. of Little Rock says it is cutting 400 employees companywide by March 3.

Windstream, FCC Reach Agreement on Dropped Calls

by Luke Jones 2/21/2014 11:09 am

The Federal Communications Commission and Windstream Holdings Inc. of Little Rock have come to an agreement over complaints about frequently dropped calls throughout rural telephone networks.

First Federal Bancshares Plans Stock Buyback

by Gwen Moritz 2/20/2014 07:07 am

First Federal Bancshares of Arkansas Inc., the holding company for First Federal Bank of Harrison and prospective buyer of First National Bank of Hot Springs and Heritage Bank of Jonesboro, announces the buyback of up to $1 million worth of publicly traded stock.

Ethanol Station Sale Boosts Murphy USA 4Q Income

by Luke Jones 2/19/2014 04:14 pm

Murphy Oil USA Inc. today reported net income of $93.6 million for its fourth quarter of 2013, up from $19 million during the same quarter of 2012.

America's Car-Mart 3Q Profit Falls In 'Tough' Conditions for Buyers

by Arkansas Business Staff 2/19/2014 10:52 am

America's Car-Mart Inc. of Bentonville reports third-quarter profit of $1.5 million, or 16 cents per share, down 81 percent from $8 million, or 84 cents per share, in the same quarter last year.

Rogue Broker at Stephens Inc. Caused Penalty, $1.9M Claim

by George Waldon 2/17/2014 12:00 am

Lost in the political fracas between the Arkansas Securities Department and Stephens Inc. is the event that started it all: a customer complaint against a former Stephens stockbroker, William Wayne LaRue.

More Legal Battles Pile Up for Mountain Pure's John Stacks

by Arkansas Business Staff 2/17/2014 12:00 am

In the first of two lawsuits filed against the water bottling company this month, North Bay Investors LTD of Miami Beach, Fla., sued Mountain Pure and its owner, John B. Stacks — who is facing federal felony charges in an unrelated matter — over a deal that collapsed late last year.

Fayetteville Startup CycleWood Bags More Than $1 Million in Investments

by Arkansas Business Staff 2/17/2014 12:00 am

CycleWood Solutions Inc., a startup formed in the entrepreneurship program at the University of Arkansas' Walton College of Business, has raised $1.45 million selling stock, according to a Securities & Exchange Commission filing.

Springhill Suites Hosts $4.5M Transaction (Real Deals)

by George Waldon 2/17/2014 12:00 am

The sale of a 78-room hotel in west Little Rock tipped the scales at $4.5 million. A 66,000-SF industrial facility in North Little Rock weighed in at $1.5 million. And an 8,320-SF Family Dollar Store in southwest Little Rock rang up a $1.2 million transaction.

Creating an Engaged Workforce (John Hendon Commentary)

by John Hendon 2/17/2014 12:00 am

Employee engagement is simply a combination of job satisfaction, ability and a willingness to perform for one's organization at a high level and over an extended time. This combination of satisfaction, ability and willingness is more critical today than ever before in business.

Meet the Finalists of the 26th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/17/2014 12:00 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

Revenue Rises But Loss Widens for USA Truck

by Arkansas Business Staff 2/11/2014 07:54 am

USA Truck Inc. of Van Buren reports a fourth-quarter net loss of $4.6 million, or 45 cents per share, a bigger loss than the $3.2 million, or 31 cents per share, it reported in the same quarter last year.