Tagged: Arvest Bank

NanoMech Files for Chapter 11 Reorganization

NanoMech Files for Chapter 11 Reorganization

LegalTechnology & Telecom

The Springdale nanotechnology firm estimates both its debts and its assets as between $10 million and $50 million. Documents say the company has struggled through continual losses from operations together with slow revenue growth. read more >

Investor Angst Boils at NanoMech

Investor Angst Boils at NanoMech

Banking & FinanceLegalTechnology & Telecom

If Jim Phillips had a New Year’s resolution to get NanoMech’s financial house in order during 2019, that aspiration didn’t survive the first day. And now a key creditor has implied it wants Phillips gone as chairman and CEO of the lubricant manufacturer. read more >

WLR Holiday Inn Sold for $5.5M

WLR Holiday Inn Sold for $5.5M

Westrock Hotels LLC, led by Pravinchandra Patel, Ishver Govind and Manish Patel, sold the 128-room Holiday Inn at at 10920 Financial Centre Parkway in west Little Rock for $5.5 million. read more >

Shorter Public Companies List Reveals Top, Median Pay

Shorter Public Companies List Reveals Top, Median Pay

Business List

Much about this year’s rankings of public companies and their highest-paid executives by total compensation is typical. But there is something new: data on the median employee compensation of most of the state’s publicly traded companies. read more >

Simmons Bank Brings New Deposits to Pine Bluff

Simmons Bank Brings New Deposits to Pine Bluff

Business ListBanking & Finance

Arkansas bank deposits grew by almost $2.5 billion to $66.7 billion in the year that ended June 30. Almost three-quarters of the additional deposits — $1.8 billion — flowed into a single institution. read more >