Dominik Mjartan New CEO at for Southern Bancorp Community Partners
SBCP is a development finance partner organization of Southern Bancorp Inc. As its CEO, Mjartan succeeds Tanya Wright, who will continue with SBCP in an executive role. He will also continue to help...
View ArticleRed Lobster Leads Trio of Seven-Digit Deals
Seafood restaurants, a bank branch in North Little Rock and land for a gated apartment project in west Little Rock assembled this week to form a quartet of million-dollar transactions.
View ArticleNortheast Arkansas District Fair Files For Chapter 11 Bankruptcy
The Northeast Arkansas District Fair will list close to $10 million in debts, according to its bankruptcy attorney, James Dowden of Little Rock.
View ArticleMountain Pure Has New Owner After Stacks Conviction
John B. Stacks' rough year continued last week when his Mountain Pure operations were handed over to a new owner after a foreclosure auction on the steps of the Pulaski County Courthouse.
View ArticleBob Lamb, Longtime State Chamber Leader, Dies at 82
Bob Lamb, who headed the Arkansas State Chamber of Commerce/Associated Industries of Arkansas for 25 years and worked on economic development in the state for many more, died Saturday in Fayetteville....
View ArticleDennis Smiley's Wife Cynthia Files Chapter 7 Bankruptcy
Cynthia Smiley, the wife of former Arvest Bank executive Dennis Smiley Jr., filed Chapter 7 bankruptcy on Thursday, listing $2.3 million in debts and $34,000 in assets.
View ArticleFed Keeps Rate at Record Low, Ends Bond Buying
The Federal Reserve plans to keep a key interest rate at a record low. It's also ending a bond purchase program that was intended to keep long-term rates low.
View ArticleUS Economy Grew at 3.5 Percent Rate in 3Q
The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in...
View ArticleDavid Bush Joins BancorpSouth As Senior Vice President (Banking Movers &...
David Bush, formerly senior vice president and commercial lending manager at Delta Trust & Bank, has joined the staff of BancorpSouth in Little Rock as SVP.
View ArticleVitamin Shoppe Attracts $3.7 Million Transaction (Real Deals)
Big projects in North Little Rock change hands with an 8,200-SF retail project on McCain Blvd., a big piece of a 276,231-SF Gregory Street warehouse, and the closed Belwood Elementary school.
View ArticleHousehold Debt: Delinquency Rate Hits Lowest Point Since '08
The New York Fed's Quarterly Report on Household Debt and Credit shows that overall household debt in the U.S. fell by $18 billion during the second quarter of 2014 compared with the first quarter....
View ArticleRelyance Branching Out Into Heights
On Feb. 15, the Pine Bluff lender will be taking possession of leased quarters at 1801 N. Fillmore St. currently occupied by Regions Bank.
View ArticleBank Branch Count Dwindles After Mergers
After reaching a peak of 1,513 in mid-2008, Arkansas' branch network had fallen to 1,388 as of this year's summary of deposits, which was released on Sept. 29. A net reduction of 54 branches happened...
View ArticleCharacter References Help Brandon Barber Elude 20-Year Sentence
When it came to sentencing in federal court, Brandon Barber could have had the book thrown at him. But facing U.S. District Judge P.K. Holmes last Tuesday, he still had some things going for him.
View ArticleApple Pay, CurrentC Shake Up the Checkout
The battle over mobile payment platforms is heating up. On one side is Apple Pay, which launched Oct. 20 and encourages users to pay for merchandise with Apple's iPhone 6 and 6 Plus. Its rival is the...
View Article‘Sovereign' Actions Complicate Foreclosure of West Little Rock Home
Documents sold on the Internet and a $700,000 “International Bill of Exchange” weren't able to keep a minister from losing his 5,608-SF west Little Rock home in a long-running foreclosure action.
View ArticleReport: Midwest Economic Index Drops Again
A monthly economic survey index for nine Midwestern and Plains has dropped again.
View ArticleLR Planning Commission Rejects Regions Bank Rezoning Request in the Heights
A proposed 3,200-SF Regions Bank branch in the Heights neighborhood of Little Rock has run up against some opposition.
View ArticleBrad Phelps Named Associate General Counsel for Arkansas State University...
Brad Phelps, formerly chief deputy attorney general for the state of Arkansas, has been named associate general counsel of the Arkansas State University System.
View ArticleBarbara Goswick, Don Smith Top List of CFO of the Year Honorees
Arkansas accounting professionals took an unaccustomed turn at center stage last Wednesday at the Arkansas Business CFO of the Year Awards luncheon at the Embassy Suites in west Little Rock.
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