Regulators Approve Capital Bank Name Change to Encore Bank
The Capital Bank in Little Rock says that the state Bank Department has approved its name change to Encore Bank.
View ArticleBanks Beware: A $67,000 Mistake (Jake Fair Commentary)
Account garnishments are a common and routine occurrence for many financial institutions, and one Arkansas bank is now taking a financial hit due to a routine garnishment.
View ArticleTwo-Thirds of Arkansas Counties Lose Residents
Two-thirds of Arkansas’ counties lost population between 2012 and 2017, according to the U.S. Census Bureau.
View ArticleInvestors Pay $3.9M For Convenience Store (NWA Real Deals)
Two Jonesboro investors paid $3.9 million for the Kum & Go convenience store at 2388 N. College Ave. in Fayetteville.
View ArticleLR Office Transaction Rings Up $1.6M Sale (Real Deals)
Louisiana & Third Properties LLC, led by Haitham Alley, purchased the Tripp Building at 209 W. Second St.
View ArticleFiles Offer Look Inside $120M Delta Resort Bankruptcy
In December, creditors forced Gary R. Gibbs, the developer of the Delta Resort & Spa in Desha County and the Hotel Hot Springs & Spa, into bankruptcy for defaulting on $119.4 million in loans....
View ArticleFed Likely to Underscore Message: No Rates Hikes in 2019
The Federal Reserve this week will likely reinforce a theme that has cheered consumers and investors since the start of the year: No interest rates hikes are likely anytime soon.
View ArticleUS Pending Home Sales Rose 3.8% in March
More Americans signed contracts to purchase homes in March compared to the prior month.
View ArticleFed Foresees No Rate Hikes Amid Unusually Low Inflation
The Federal Reserve left its key interest rate unchanged Wednesday and signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation.
View ArticleFIS, Venture Center Launch 4th Annual Fintech Accelerator
Global financial services company FIS of Jacksonville, Florida, and the Venture Center in Little Rock named the 10 startups selected to participate in the 2019 VC FinTech Accelerator program.
View ArticlePresidential Hotel Sale Tops $12.7M Mark (Real Deals)
Affiliates of CSK Hotels of Fort Smith, purchased the Holiday Inn Presidential at 600 Interstate 30 and adjoining parking
View ArticleYour Just Deserts (Gwen Moritz Editor's Note)
Deserve is not an economic concept; it’s a marketing concept. It’s a word that allows consumers to rationalize spending money on appealing nonessentials.
View ArticleShawnie Carrier Connects with Jetton General (NEA Movers & Shakers)
Shawnie Carrier has joined Jetton General Contracting in Paragould as director of strategic development.
View ArticleCentral Arkansas Unemployment at 3.5 Percent
The unemployment rate in the Little Rock-North Little Rock-Conway metropolitan statistical area remains near a historical low, 3.5% in February.
View ArticleDetails in Delta Resort Bankruptcy Show $171.1M in Debts
Gary Russell Gibbs of Niceville, Florida, lists his complete financial details in U.S. Bankruptcy Court in Hot Springs showing total debts at $171.1 million. That makes his personal bankruptcy one of...
View ArticleSimmons Bank Names Meador SBA Regional Manager of Sales, Business Development
Simmons Bank has named Itzel Meador its Small Business Association regional manager of sales and business development.
View ArticleUS Long-Term Mortgage Rates Decline
U.S. long-term mortgage rates declined this week for a second straight week, reversing the upward trend in April as a lure to potential home buyers.
View ArticleArmor Bank Buys Naming Rights to WindRiver Building
Armor Bank said Thursday that it has bought the naming rights of the office building at 2300 Cottondale Lane, formerly known as the WindRiver Building.
View ArticleMarkham West Ownership Shifts in $19.7M Transaction (Real Deals)
Affiliates of Weingarten Realty of Houston, Texas, were on either side of a $19.75 million transaction involving a 166,735-SF retail project in west Little Rock.
View ArticleWarren Stephens Stands by Startup's CEO Marc Gorlin
Warren Stephens says he has confidence in Marc Gorlin, founder and CEO of crowdsourced delivery service startup Roadie, in which Stephens has invested. After all, he said, look at Kabbage, which...
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