Investments

Entrepreneur John James Starts Engine, Raising $4M for E-Commerce Software Firm This article is available only in print.

Entrepreneur John James Starts Engine, Raising $4M for E-Commerce Software Firm
John James’ software at Engine handles everything from content management to processing e-commerce orders and payments.

Fayetteville entrepreneur John James has raised nearly $4 million for his latest startup, Engine, which sells business management software to e-commerce retailers.
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Schwyhart Creditor Raises Fraud Claim This article is available only in print.

A renewed debt collection effort against Bill Schwyhart, the once prominent Rogers real estate developer, has followed him to Texas and rekindled the interest of dormant creditors.
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Argenta Square Apartments Sells for $3 Million This article is available only in print.

A 57-unit apartment complex in downtown North Little Rock, a chain restaurant in Benton, a 3,799-SF home in Little Rock and 52 units of apartments in Conway and Greenbrier provide this week's roster of million-dollar real estate transactions.
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Small Banks Find Niche in Arkansas While Facing Unique Challenges This article is available only in print.

Bank consolidation nationally is continuing on a similar pace to recent years, but it has been a slower year in Arkansas, especially for the smallest banks. read more >

Simmons Bank Brings New Deposits to Pine Bluff

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 >

U.S. Household Debt Reaches $13.29 Trillion

Total household debt in the United States rose to $13.29 trillion in the second quarter of 2018, a 0.6 percent increase from the first quarter. It's the 16th straight quarter that debt has increased. read more >

Nursing Home Quartet Add Up to $15.4M Sale (Real Deals) This article is available only in print.

Affiliates of Strawberry Fields REIT Ltd. of South Bend, Indiana, bought the four properties from affiliates of Skyline Health Care of Wood-Ridge, New Jersey. read more >

Bank OZK 3Q Profit Down 23 Percent

Bank OZK of Little Rock on Thursday reported third-quarter net income of $74.2 million, down about 23 percent from the same quarter last year. read more >

USA Truck Buys Davis Transfer Co.

USA Truck Inc. of Van Buren on Thursday said it acquired Davis Transfer Co. of Carnesville, Georgia. read more >

Home BancShares 3Q Profit Another Record

Greater regulatory costs and expenses associated with a company performance goal weren't enough to keep Home BancShares Inc. of Conway from reporting on Thursday another quarter or record profit. read more >

J.B. Hunt Reports 3Q Profits of $131 Million, Up From 2017

With a favorable tax rate adjustment, better revenue per load a bit more certainty about an arbitration case, J.B. Hunt Transport Services Inc. of Lowell reported higher net earnings of $131 million for the third quarter. read more >

Swallowing $16B Purchase of Flipkart, Walmart Cuts Outlook

Walmart trimmed its profit outlook citing this year's $16 billion acquisition of the Indian online retailer Flipkart, its biggest deal ever. read more >

PotlatchDeltic Sells Lake Maumelle Tract for $3.6M

A 380-acre tract in west Pulaski County, a portfolio of 22 rental properties in and near Conway, 11 duplexes in Bryant and a 19-unit apartment project in west Little Rock form this week's quartet of million-dollar real estate transactions. read more >

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