Arkansas' Biggest Deals of 2014 Soar While Value Slips
The mergers and acquisitions spigots were opened wide last year in Arkansas. The number of big deals — those valued at $9 million or more — soared 38 percent, increasing to 101 in 2014 compared with 73...
View ArticleHow A Trans-Atlantic Investment Scam Ensnared Credit Union President Joyce Judy
The following story of how the president of a small credit union in Little Rock was ensnared in an international investment scam was pieced together from depositions and exhibits filed in the North...
View ArticleReport: State Jobless Rate Down to 5.7 Percent
Arkansas' unemployment rate fell to 5.7 percent in December, dropping two-tenths of a percentage point from November, according to a report from the state Department of Workforce Services.
View ArticleFed 'Patient' on Rates While Noting Improving Economy
The Federal Reserve reiterated Wednesday that it will be "patient" in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health.
View ArticleBenefit Bank Transaction Set At $32M
The proposed sale of Fort Smith's Benefit Bank represents a cash transaction of nearly $32.2 million. Ironhorse Financial Group Inc. of Muskogee, Oklahoma, intends to merge the $195 million-asset...
View ArticleMountain Pure Liquidates In $6 Million Transaction (Real Deals)
The Arkansas assets of Mountain Pure Water changed hands in a $6 million foreclosure sale. Land for future expansion in North Little Rock weighed in at $1.22 million. And a 2,647-SF bank branch in...
View ArticleJonesboro School Files for Bankruptcy, Lists $2.1M in Debts
Ridgefield Christian School Inc., a private Jonesboro school that serves children from pre-K though the 12th grade, last month filed for Chapter 11 bankruptcy reorganization, listing $2.1 million in...
View ArticleEntergy Arkansas Elevates Three to Economic Development Team (Movers & Shakers)
Clarissa McWherter, Chris Murphy and Russell Harris have joined Entergy Arkansas in Little Rock as members of the economic development team.
View ArticleFlorida Man Indicted in One Bank Case Could Change Plea
A Florida man who has pleaded not guilty to one count of bank fraud in connection with a $1.5 million loan from One Bank & Trust of Little Rock is scheduled to change his plea on Feb. 6.
View ArticleCards Seized During John Rogers FBI Raid Tied to $6M 'Purchase,' Questions of...
Some of the material that federal agents carried away as evidence on Jan. 28 a year ago came from an area of his North Little Rock enterprise not solely under his control: a double-lock safe that also...
View ArticleOwnership of Charles Conlon Collection in John Rogers Case Up in the Air
The famed collection of major league baseball images captured by Charles Conlon (1868-1945) is among the disputed assets associated with John Rogers. But unlike other collections Rogers purportedly...
View ArticleArkansas Gets $21.5M in Settlement With Standard & Poor's
The Arkansas attorney general's office said Tuesday that Arkansas will share in a multimillion-dollar settlement that the federal government and 18 other states reached with Standard & Poor's...
View ArticleRoss Baldwin Named Finance Director for Arkansas Alumni Association
Baldwin is a certified public accountant, certified fraud examiner, certified internal auditor and chartered global management accountant. He previously spent seven years as an auditor with the...
View ArticleMichael Hocutt Selected To Head General Contractors Association (Movers &...
Michael Hocutt, president of Clark Power Corp. of Little Rock, has been chosen to lead the Associated General Contractors of Arkansas as 2015 president. Hocutt represents the utility division and has...
View ArticleSibling Dispute Leads to Sale of Farm & Hunting Land in Delta
A long-running sibling dispute is culminating this month in a court-ordered sale expected to yield a $50 million-plus transaction.
View ArticleGander Mountain Sale Peaks Recent Million-Dollar Deals
Retail, residential and multifamily all were represented in this installment of seven-digit real estate transactions in Pulaski County.
View ArticleBank of Rison Sees Assets Rising
The Bank of Rison is no longer the smallest bank in Arkansas, and CEO Troy Duke is celebrating with two major developments: a new headquarters building on Main Street and the bank's first branch.
View ArticleSteven Plaisance Named CEO at Arvest Mortgage Co., Central Mortgage Co.
Steven Plaisance of Tulsa has been named CEO for Arvest Mortgage Co. and Central Mortgage Co., a wholly owned subsidiary of Arvest Bank, the company announced Monday.
View ArticleBusinesses in 33 Counties Have 1 Month to Apply for Loans
Small, non-farm businesses in 33 Arkansas counties have one month left to apply for a federal disaster loan for economic injury caused by the severe storms that ripped through the state last year.
View ArticleUniversity of Arkansas Touts $1.2B Economic Impact in 2014
The University of Arkansas released a report Tuesday that says the university has an economic impact on "state and local economies" of $1.2 billion, up 66 percent from the previous year.
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