Delinquent Debts Push Developer Phil Herrington Out at Oklahoma City Country...
Eleventh-hour negotiations in January produced an agreement that derailed a court-ordered auction of Gaillardia Golf & Country Club in Oklahoma City. The outcome formalized the exit of Little Rock...
View ArticleExecs Quiet on Rumors of Simmons First Buying Delta Trust
Banking sources say Delta Trust & Banking Corp. of Little Rock is in the process of selling. The would-be buyer? Simmons First National Corp. of Pine Bluff. Two sources say the price is $63 million...
View ArticleFirst Bank of Hampton Completes Acquisition
First Bank of Hampton (Calhoun County) completed its acquisition of First Community Bank of Crawford County in Van Buren. The purchase pushes the asset total of First Bank to more than $300 million.
View ArticleJobless Rates Down in 3 of 6 Arkansas Metros
Unemployment rates were down or steady in four of six Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, data released Wednesday by the agency revealed.
View ArticleSouthern Bancorp Launches Economic Development Effort in Helena
Southern Bancorp this week unveiled its Riverside Renewal Project in Helena, part of a "trifecta of economic development tools" the rural development bank has launched in an effort to promote job...
View ArticleCentral Arkansas Office Space Vacancy Rate Slips
The vacancy rate for commercial office space in central Arkansas fell to 11.5 percent in fourth-quarter 2013, compared with 11.9 percent in third-quarter 2013 and 11.8 percent in the year-earlier...
View ArticleFuel Storage Facility Attracts $5M Sale (Real Deals)
The sale of a 21.6-acre fuel storage development in North Little Rock tipped the scales at $5 million. A convenience store just north of Maumelle rang up a $3.4 million sale-leaseback transaction. And...
View ArticleWhirlwind Romance Leads to Corporate Union of Summit Bank, Bank of the Ozarks
The way Ross Whipple and George Gleason described it, the courting process between Summit Bancorp Inc. of Arkadelphia and Bank of the Ozarks Inc. of Little Rock was abbreviated.
View ArticleTime Magazine Recognizes Jeff Teague with National Dealer Honor
Jeff Teague, president of Teague Auto Group in El Dorado, was named Time magazine's national Dealer of the Year for 2014 at the National Automobile Dealers Association's recent convention in New Orleans.
View ArticleJanet Yellen to Investors: Expect Continuity at the Fed
Federal Reserve Chair Janet Yellen sought Tuesday to reassure investors that she will embrace the approach to interest-rate policy that her predecessor, Ben Bernanke, pursued before he stepped down as...
View ArticleCreating an Engaged Workforce (John Hendon Commentary)
Employee engagement is simply a combination of job satisfaction, ability and a willingness to perform for one's organization at a high level and over an extended time. This combination of satisfaction,...
View ArticleMeet the Finalists of the 26th Annual Arkansas Business of the Year Awards
Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent...
View ArticleOne Bank, Dick Torti Reach Deal on Dual Role in Scooter Stuart Case
Officials at the $386.4 million-asset bank agreed not to challenge Torti's dual role as executor of Layton “Scooter” Stuart's estate and trustee of the Stuart family trust.
View ArticleBudget Office: Minimum Wage Hike Would Lift Pay But Cost Jobs
Boosting the federal minimum wage as President Barack Obama and congressional Democrats are proposing would increase earnings for more than 16.5 million people by 2016 but also cut employment by...
View ArticleFirst Federal Bancshares Plans Stock Buyback
First Federal Bancshares of Arkansas Inc., the holding company for First Federal Bank of Harrison and prospective buyer of First National Bank of Hot Springs and Heritage Bank of Jonesboro, announces...
View ArticleSimmons First Promotes Kish Ivey as Senior Vice President (Movers & Shakers)
Kish Ivey was recently promoted to senior vice president at Simmons First National Corp. in Pine Bluff. Ivey has more than six years of experience with Simmons and previously held the position of...
View ArticleFirst National Banking Co. Changes Name to FNBC Bank
First National Banking Co. of Ash Flat is no longer a national bank, having been approved for conversion to a state bank charter in January.
View ArticleBeebe Taps Gene Eagle To Head Arkansas Development Finance Authority
Gene Eagle was recently appointed president of the Arkansas Development Finance Authority by Gov. Mike Beebe, succeeding Mac Dodson, who retired on Jan. 31. The ADFA specializes in low-cost financing...
View ArticleJudge To Rule On Rogers Bancshares Liquidation Plan in March
As the Chapter 11 bankruptcy of Rogers Bancshares Inc. of Little Rock winds down, it looks like the secured creditors will be taken care of to the tune of nearly $45 million.
View ArticleJohn Hugg, Jill Darling Named Top Executives at Arkansas Business of the Year...
Each year, Arkansas Business Publishing Group sponsors the awards to honor businesses in three categories related to number of employees as well as business executives, nonprofit executives and...
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