The European Central Bank will ease the pace of its bond-buying stimulus program — carefully dialing back a measure that has helped the eurozone bounce back from a debt crisis that threatened to break up the currency union.
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European Central Bank to Reduce Stimulus — But Slowly
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US Pending Home Sales Flat in September
The number of people who signed contracts to buy homes was flat in September, reflecting an ongoing nationwide shortage of homes being listed for sale.
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Bryan Brooks Switches to Simmons Bank (Movers & Shakers)
Bryan Brooks, formerly vice president of product management and development for Windstream Communications of Little Rock, has joined Simmons Bank of Pine Bluff as senior vice president of product development.
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Auto Parts Warehouse Hosts $3.6 Million Sale (Real Deals)
River Mountain Investments bought the Ozark Automotive Distributors facility at 4350 Stockton Drive in North Little Rock.
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Tontitown Warehouse Sells for $2.7 Million (NWA Real Deals)
Elder Conway LLC, led by Chris Elder, bought the warehouse, which sits on 6.44 acres at 609 Laura Lane. The seller was Al G. Romine of Celebration, Florida.
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Holiday Island Holdings Inc. Continues Quest for Assets
Holiday Island Holdings Inc., the state’s least-known public company, is on the hunt for assets. Revenue would be nice too.
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Wal-Mart’s Marc Lore Blows Top Off Exec Compensation List
The word “outlier” was invented to describe things like the top entry on this week’s list of the highest-paid executives employed by public companies in Arkansas.
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Judgment Ordered Against Plaintiff in Walter Quinn Case
A Colorado businessman was hit last week with a $1.9 million judgment after defaulting on a loan that he said was tied to a business deal with Walter Quinn of Little Rock.
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SPONSORED: Wood Sales Leadership Center Teaches Art, Science Of Selling
Rare program poised to turn out its first class of future salespeople at Arkansas State University.
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Trump Says He'll Announce New Fed Head Thursday
President Donald Trump says he'll announce the "new head" of the Federal Reserve Thursday afternoon.
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House GOP Tax Overhaul Keeps Retirement Rules
House Republicans would preserve the popular retirement account for middle-class Americans while limiting a cherished deduction for homeowners in a sweeping tax cut plan unveiled Thursday that would add $1.5 trillion to the nation's debt.
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Arkansas Year-to-Date Revenue Misses Forecast by $36M
Arkansas revenue collected during the first four months of the fiscal year was up 1.3 percent from the same period last year, but $36 million below forecast, according to a monthly report.
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Trump Nominates Jerome Powell to Be Next Fed Chairman
President Donald Trump on Thursday announced his choice of Federal Reserve board member Jerome Powell to be the next chairman of the nation's central bank, succeeding Janet Yellen, the first woman to hold the position.
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Simmons First National Corp. Announces 2 New Board Members
Simmons First National Corp. announced the appointment of Tom Purvis of Fort Worth, Texas, and Russell Teubner of Stillwater, Oklahoma, to its board of directors.
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Closing of Acquisition Pushes First National Bank to $358M in Assets
First National Corp. of Wynne, parent company of The First National Bank of Wynne, announced Friday that it has completed its acquisition of Bank of McCrory.
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East Harding's Donna Clark Begins New Role at Springdale Branch (NWA Movers & Shakers)
Donna Clark has been promoted to senior project manager/senior estimator in the Springdale office of East Harding Construction of Little Rock. Clark has also been selected for the Leadership Fayetteville class for 2017-18.
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Randy Scott Takes CEO Seat at Farmers Bank & Trust (Movers & Shakers)
Randy Scott has been promoted to president and CEO of Farmers Bank & Trust of Blytheville.
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Terra Vista Apartments Visited by $3.3M Sale (Real Deals)
An affiliate of Republic Funds of Toronto bought the 205-unit Terra Vista Apartments at 4811 Terra Vista Circle in Little Rock.
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Heartland, One Bank See More Red in 3Q
Two Little Rock banks in need of capital are traveling divergent paths in search of balance sheet stability.
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FNBC Bank Loan of $150 in ’41 Writes Script for Video Award
FNBC Bank of Ash Flat received national recognition from the American Bankers Association at the second annual ABA Bank Marketing Video Awards in New Orleans.
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