US Business Economists See Slower Growth and Profits Ahead
U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline.
View ArticleMore Americans Sign Contracts to Buy Homes in June
More Americans signed contracts to purchase homes in June, marking the second straight month of growth.
View ArticleSimmons First to Buy Landrum Co. in $434M All-Stock Deal
Simmons First National Corp. of Pine Bluff says it will acquire all outstanding capital stock of The Landrum Co. of Columbia, Missouri, the parent company of Landmark Bank.
View ArticleFed Cuts Key Rate in First Reduction in More Than Decade
The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically...
View ArticleWinrock CEO Named to Federal Committee
Winrock President and CEO Rodney Ferguson has been named to the Export-Import Bank of the United States 2019 Advisory Committee.
View ArticleJennali Cybulaski Takes VP Position at Arvest (Movers & Shakers)
Jennali Cybulaski has been named vice president and private banking adviser at Arvest Bank in Little Rock. She will serve central Arkansas in this new role.
View ArticleDistribution Center Tops $20.7M Mark (Real Deals)
Glen Una Holdings Little Rock LLC of Los Gatos, California, purchased the 104 Champs Blvd. project from RCS-Little Rock LLC, an affiliate of Real Capital Solutions of Louisville, Colorado.
View ArticleWalmart CEO Doug McMillon Leads List of Public Companies Excutive Compensation
The number of publicly traded companies in Arkansas is stable this year thanks to a couple of small IPOs and the federal government shutdown late last year, and Walmart executives continue to dominate...
View ArticleSears Bankruptcy Sets Up Second Lawsuit Over Springdale Kmart
A northwest Arkansas real estate investor has filed a second lawsuit in an attempt to free up an abandoned Kmart building he owns in Springdale.
View ArticleLonoke County Farmland, Conway Hardee's Lead Recent Seven-Digit Deals
Farmland in south-central Lonoke County, a fast-food eatery in Conway, a mini-storage project in downtown Little Rock, a medical office building in west Little Rock and commercial sites in Benton form...
View ArticleConvicted Forger Donna Herring Declares Bankruptcy, Awaits Sentencing
Donna Herring, the former Camden real estate agent who orchestrated the infamous fake will case, has filed for Chapter 13 reorganization, listing $101,000 in debts and $110,000 in assets.
View ArticleUS Long-Term Mortgage Rates Fall Sharply
U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016.
View ArticleTrump Calls on Fed to Make 'Substantial' Rate Cuts
President Donald Trump is not letting up on his attacks on the Federal Reserve, calling for "substantial" Fed rate cuts to allow the dollar to fall in value against foreign currencies.
View ArticleAcquisation of First State Bank of Crossett Expected by 2020
The sale of the $34.6 million-asset First State Bank of Crossett to Capital Bancorp Inc. of Delhi, Louisiana, announced 18 months ago, is now expected to close before year’s end.
View ArticleBank of Prescott Attracts $8.4M Purchase Offer
The proposed sale of the last lender headquartered in Nevada County represents a nearly $8.4 million cash transaction.
View ArticlePostal Purchase Delivers $2.7M Transaction (Real Deals)
An affiliate of Nationwide Postal Management Inc. purchased the 19,500-SF post office administration building at 420 Natural Resources Drive in Little Rock.
View ArticleUnemployment Rates Trend Lower in Arkansas
The unemployment rates in most of Arkansas’ metro areas continued to move downward or stay stable in June, with Fayetteville, Jonesboro, Little Rock and Texarkana seeing declines.
View ArticleTexarkana Project Expected to Propel Downtown Growth
After a decade of hope and false starts, the revitalization of downtown Texarkana achieved a breakthrough with the sale July 31 of the historic Hotel Grim to a housing development group.
View ArticleTop Stockholders in Arkansas Buoyed by Runup in Markets
It’s been almost two years since Arkansas Business listed the state’s top stockholders based on the value of publicly disclosed stock. Since then, the Walton family’s fortune — the part disclosed...
View ArticleLivestock Companies Tie for Biggest SBA Loans of FY18
While the average SBA loan in Arkansas last year was just shy of $600,000, the smallest was only $5,800.
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