Simmons First Announces New Foundation Led by Tommy May
Simmons First National Corp. shareholders speeded through routine business at the annual meeting Tuesday night to concentrate on the upcoming changing of the guard. George A. Makris Jr., the CEO-elect,...
View ArticleHome BancShares' 1Q Profit Up 21 Percent to $17.5M
Home BancShares Inc. of Conway on reports first-quarter net income of $17.5 million, up 21 percent from $14.5 million during the same quarter last year.
View ArticleCorrection: Simmons First 1Q Profit Down 8 Percent to $5.9M
Simmons First National Corp. of Pine Bluff reports first-quarter net income of $5.9 million, down 8 percent from the same quarter last year.
View ArticleHome BancShares Announces Stock Split, Quarterly Dividend Hike
Chairman John Allison had a couple of surprises for shareholders who attended Home BancShares Inc.'s annual meeting in Conway Thursday night: Their stock will be split 2-for-1 on May 22, and their...
View ArticleOCC Releases Legacy Bank From Order
Legacy Bank of Springdale has been released from the oversight agreement it entered with federal regulators five years ago.
View ArticlePreacher's Assets Frozen in Alleged Securities Violation Case
Thomas E. James, associate pastor of a church in Fort Smith, is accused of persuading a church member to invest in a bond fund "that did not actually exist."
View ArticleFDIC Scores $6.4M Judgment in ANB Financial Case
The Federal Deposit Insurance Corp., acting as the receiver of the defunct ANB Financial of Bentonville, easily scored another multimillion-dollar judgment last week against a Benton County developer.
View ArticleFriday's the Last Day to Sign Up for 'Best Places to Work' Survey
Arkansas Business has launched a workforce evaluation program to help companies gauge their employees' engagement and satisfaction.
View ArticleMoody's: Expanding Health Insurance 'Credit Positive' for Arkansas Hospitals
A credit outlook report by Moody's Investor Service says the state Legislature's move to expand health insurance in Arkansas through the "private option" is good for the state's hospitals.
View ArticleUS Economy Accelerates at 2.5 Percent Rate in 1Q
U.S. economic growth accelerated to an annual rate of 2.5 percent from January through March, buoyed by the strongest consumer spending in more than two years. Government spending fell, though, and tax...
View ArticleMetropolitan Posts Second Consecutive Quarterly Profit
Metropolitan National Bank had net income of $662,000 in the first quarter of 2013 following a profit of $761,000 in the fourth quarter of 2012. It was the second consecutive quarter in the black for...
View ArticleGood News for Affiliated Foods Creditors as Claims Shrink
The total amount financial experts helped recover for creditors of the defunct Affiliated Foods Southwest Inc. of Little Rock now stands at about $3.6 million.
View ArticleArkansas Still Ranks Low in Commuting Time
Arkansas workers don't spend as much time getting to and from work as do most other states.
View ArticleBank of the Ozarks Shareholders Like George Gleason Show
His skills with PowerPoint may be rusty, but Bank of the Ozarks chairman and CEO George Gleason's ability to lead Bank of the Ozarks to record earnings in 14 of the past 16 years helps build a mountain...
View ArticleSix Steps to Maximize Transport Profits (Jeff Lovelady Commentary)
Carriers know they should be more efficient and work smarter, not harder. But sometimes they confuse increasing revenue with maximizing profits. Want to maximize profits instead of just increase...
View ArticleTaco Kidd Offers Mexican Fare to Jonesboro Diners
Taco Kidd has opened its doors in northeast Arkansas to provide Mexican fare to the residents of Jonesboro.
View ArticleJ. David Daniel Newest Senior VP at Simmons First Trust (Movers & Shakers)
J. David Daniel has been promoted to senior vice president of Simmons First Trust Co. Daniel has more than 20 years of experience, 16 of which have been with the company.
View ArticleChris Wewers, Incoming CEO, Gets 46 Percent Pay Boost at First Federal
The CEO in-waiting at Harrison's First Federal Bancshares of Arkansas Inc. recorded the biggest gain in total compensation among the company's four top executives.
View ArticleGet Tickets to See Dale Dawson at Arkansas Business 40 Under 40 Event
Dale Dawson, an investment banker and entrepreneur who founded Bridge2Rwanda, will be the keynote speaker at this year's Arkansas Business 40 Under 40 luncheon June 14 at the Marriott Hotel in downtown...
View ArticleFed: Tax Increases, Spending Cuts Have Hurt Economy
The Federal Reserve stood by its aggressive efforts to stimulate the economy and reduce unemployment. And it indicated that tax increases and spending cuts are slowing the economy.
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