Acme Bankruptcy Proceedings Reveal Kevin Lewis Loss
A fractious relationship between Hildene Capital Management and Acme Holding Co. was evident in the April 2-3 courtroom interaction between Rex Terry of Fort Smith, Hildene's local counsel, and Lex and...
View ArticlePediatrics Plus Buy Tops $8.1M Mark (Real Deals)
The sale of a 32,518-SF special needs health and education facility in west Little Rock checked in at $8.19 million.
View ArticleUS Home Prices Accelerated in February as Sales Rise
U.S. home prices climbed at a faster pace in February than the previous month, driven by higher sales and a limited supply of available houses.
View ArticleUS Economy Ekes Out 0.2 Percent Growth Rate in 1Q
The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.
View ArticleNoting Slower Economy, Fed Appears No Closer to Rate Hike
The Federal Reserve took a gloomier view of the U.S. economy Wednesday after a winter in which growth nearly froze. It offered no sign that a rate increase might be coming soon.
View ArticleSimmons First Announces Deal to Buy Missouri Trust Company
Simmons First National Corp. of Pine Bluff will pay approximately $20.7 million in cash and stock for Ozark Trust & Investment Corp. and its wholly owned subsidiary, Trust Co. of the Ozarks, both...
View ArticleMatthew Sweet, Former One Bank Controller, Sentenced to Probation
Federal prosecutors agreed to seek no prison time for Sweet, who had repaid One Bank for $110,000 embezzled to pay his personal credit cards.
View ArticleBear State Financial Discloses Raises for Executives, Sets Meeting Date
Bear State Financial Inc. released its annual proxy statement and announced its annual shareholders meeting to be held May 29 at the company's Harrison headquarters.
View ArticleApril Economic Report Suggests Slow Growth Ahead in Midwest
A new monthly survey report says April results suggest that slow economic growth remains ahead for nine Midwestern and Plains states.
View ArticleSlideshow: 125 Years of Arkansas Bankers Association Leadership
Among Arkansas businesses that have lasted more than 100 years, at least two dozen are trade associations and chambers of commerce. Among them: the Arkansas Bankers Association, founded in 1891 and...
View ArticleOutside Credit Unions Expand in Arkansas
Eleven credit unions chartered outside Arkansas operate branches inside the state. Most are still associated with specific employers — think FedEx Employees Credit Association in Harrison, Eaton Family...
View ArticleExecutive Moves Made at Simmons First Investment Group (Movers & Shakers)
Carolyn May has joined Simmons First Investment Group in Little Rock and Ken Adams, David Seay, Joe France, Reed Willett and Angela Johnson have been promoted.
View ArticleNathan Rutledge Promoted at Crews & Associates
Nathan Rutledge has worked in the public finance department at Crews & Associates of Little Rock since 2009 in roles that have included in-house attorney, investment banker, financial analyst and...
View ArticleHoliday Inn Express Visited by $6M Deal (Real Deals)
A 138-room hotel in east Little Rock weighed in at $6 million. A 50-room motel in southwest Little Rock changed hands in a $900,000 sale. And a 1,843-SF Little Rock liquor store rang up a $297,929 deal.
View ArticleThe Underbanked (Editorial)
There are an awful lot of Arkansans who are “unbanked” and “underbanked,” and there's FDIC data about that too. A report released in October found that, as of 2013, 12.3 percent of our state's...
View ArticlePartners Work To Revive Back Yard Burgers Brand
Josh Powell and his father, Gifford, are working to revive a brand once popular in central Arkansas: Back Yard Burgers.
View ArticleConsolidation Pares Roster of Arkansas Banks
2014 started with 120 separate banks chartered in Arkansas and ended with 109. Two have become inactive in 2015.
View ArticleBank of Rison Seeks Rebranding to Gateway Bank
The Bank of Rison is the second-smallest bank in the state, but its owners — CEO Troy Duke and Hot Springs businessman LR Gardner — have aspirations.
View ArticleJudge Finds Arvest Violated Bankruptcy Code by Firing Employee
U.S. Bankruptcy Judge Ben Barry has ordered back pay for David Dwelle of Arkadelphia, who challenged his firing from an Arvest subsidiary because he couldn't repay a credit card issued by Arvest Bank.
View ArticleNew Offer Ready, But Will Money Materialize for John Rogers Collection?
John Rogers has been working closely with a would-be buyer of his former sports memorabilia and photo archive, according to a sworn deposition given by one of his many creditors. The proposal, $28...
View Article