Bear State Financial Inc. of Little Rock reports second-quarter earnings of $6.7 million, up about 49 percent from the same quarter last year.
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Bear State 2Q Earnings Up 49 Percent
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FIS Partners With Two Startups; 2nd FinTech Accelerator Ends
Global technology provider FIS partners with two startups that graduated from last year's inaugural VC FinTech Accelerator.
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Bank of the Ozarks Shares Fall 12 Percent Amid Exec's Departure
Shares of Bank of the Ozarks Inc. of Little Rock fell more than 12 percent on Friday after a key executive announced his resignation.
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US Economy Expanded at Stronger 2.6 Percent Rate in 2Q
The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief.
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UA Economist Mervin Jebaraj on Which Fast-Growing Industry Could Be the Most Unpredictable
Mervin Jebaraj was named the interim director of the Center for Business & Economic Research at the University of Arkansas at Fayetteville in April to replace Kathy Deck. He has been with the center since 2007.
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Is Vacation in Your Plans? (Alese Stroud Expert Advice)
Let’s be clear. Sitting on a beach practicing distance management skills via email does not count as vacation. It counts as vacation only when you completely unplug.
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KC Firm Pays $11.4M For Northwest Medical Plaza (NWA Real Deals)
Block Real Estate Services of Kansas City, Missouri, paid nearly $11.4 million for the Northwest Medical Plaza in Springdale.
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WLR Volvo Complex Sells for $3.6 Million (Real Deals)
An affiliate of Little Rock’s McLarty Auto Group bought the 60,000-SF McLarty Volvo Cars and McLarty Collision West complex at 1500 N. Shackleford Road.
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I.O. Metro’s Bankruptcy Leaves Unsecured Creditors Stuck with $31.5 Million in Debt
After a net loss of nearly $20 million in 2015 and 2016, the furniture retailer I.O. Metro LLC in March hired a Dallas turnaround company to analyze the business and develop a plan to make the company profitable. They determined the retailer couldn’t be saved.
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New Bank of the Ozarks HQ Still a Work in Progress
About 100 employees of Bank of the Ozarks in Little Rock have relocated from the company’s current 92,000-SF headquarters at 17901 Chenal Parkway.
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Amy Golden McCay Files for Chapter 7 Bankruptcy
The outstanding balance of an FDIC $324,632 summary judgment from January 2015 against Amy Golden McCay is now part of her recently filed Chapter 7 bankruptcy.
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US Pending Home Sales Improved in June
Americans signed more contracts to buy homes in June, snapping a three-month decline in pending sales.
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Jay Wisener to Lead First National Bankers Bankshares in Arkansas
First National Bankers Bankshares Inc. of Baton Rouge, Louisiana, names Jay Wisener president of its Arkansas region.
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Bank of the Ozarks Named Top-Performer In Nation For Its Size
Bank of the Ozarks Inc. of Little Rock is named the top-performing bank in the nation for its asset size category, $5 billion to $50 billion, by Bank Director magazine.
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Ashburry Apartments Visited by $18.6M Sale (Real Deals)
An affiliate of Olympus Property in Fort Worth, Texas, purchased The Ashburry at Chenal at 16401 Chenal Valley Drive.
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Total Student Loan Debt Reached $1.3 Trillion in 2016
Student loan debt hit $1.3 trillion by the end of 2016, an increase of 170 percent over debt totals in 2006, the Federal Reserve Bank of New York reported earlier this year.
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Ecclesia College Woes Multiply Under Federal Investigation
Ecclesia, the private Christian college in Springdale, is facing yet another federal investigation, this one by the U.S. Department of Education.
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Arvest Takes Aim at Brisiel with Fayetteville Foreclosures
Arvest Bank of Fayetteville has initiated foreclosure on several properties owned by Tim Brisiel of Legacy Ventures.
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Citizens Bank Won't Fill Marketing Position After Don Hale Departure
Don Hale's back in the workaday world, having left his marketing post as a senior vice president of Citizens Bank of Batesville a couple of months ago.
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Slicing the Pie (Craig Douglass On Consumers)
Consumption of goods and services is dramatically changing. The traditional retailing business model is experiencing downward pressure on foot traffic, browsing and sales. The browsing is happening online as online sales increase. But is that the whole mosaic?
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