Simmons First Increases Quarterly Dividend by 4.3 Percent
The Simmons First National Corp. board of directors declared a regular $0.24 per share quarterly cash dividend payable July 1, to shareholders of record June 15. This dividend represents a 1-cent per...
View ArticleEyenalyze Receives Funding From Cadron Creek Capital
Eyenalyze, a leader in CPA-friendly restaurant back-office solutions, announced Friday seed funding from Cadron Creek Capital. The funding will be used to further Eyenalyze's solution which simplifies...
View ArticleRehab & Health Care Center Attracts $3.5M Transaction (Real Deals)
A 70-room nursing home in west Little Rock tipped the scales at $3.53 million. FC Encore Properties B Holdco LLC, an affiliate of Formation Capital of Atlanta, purchased Chenal Rehabilitation &...
View ArticleMark Zweig Scoops Up University Village (NWA Real Deals)
Builder Mark Zweig of Fayetteville paid $2.25 million for the 20,000-SF University Village shopping center on West 15th Street in Fayetteville. Zweig purchased the property from Signature Bank of...
View Article2 Banks Join Arkansas Business' Largest Private Companies List
The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $34.2 billion in their most recent fiscal years, up more than 4 percent in a year. The price of...
View ArticleEyenalyze Gets Seed Funding from Cadron Creek Capital
Eyenalyze of Conway, which provides CPA-friendly back-office solutions for restaurants, announced Friday that it has received seed funding from seed capital investment fund Cadron Creek Capital of...
View ArticleUS Bank Earnings Dip 2 Percent in 1Q Amid Low Oil Prices
WASHINGTON — The impact of low oil prices has continued to hobble the finances of U.S. banks, which posted increased loan losses in the first quarter driven by a huge jump in delinquent energy loans....
View ArticleFed's 'Beige Book' Survey Finds Modest Growth in Many Regions
WASHINGTON — The Federal Reserve said Wednesday that the economy grew at a modest pace in much of the country from April to mid-May, despite headwinds ranging from slower consumer spending to ongoing...
View ArticleArkansas Revenue Above Last Year, Below Forecast in May
LITTLE ROCK - Arkansas finance officials say a court settlement and reduced utilities tax collections pushed the state's revenue below expectations in May, but above the same month last year. The state...
View ArticleFed Member Lael Brainard Urges Caution on Raising Interest Rates
WASHINGTON — An ally of Federal Reserve Chair Janet Yellen who has been a longtime skeptic of raising interest rates is signaling that the Fed should be in no hurry to act, especially after Friday's...
View ArticleArkansas Panel not Looking at Raises for Elected Officials
LITTLE ROCK - The chairman of an Arkansas commission that sets salaries for the state's top elected officials says the panel is not considering any pay hikes since other state employees didn't get a...
View ArticleMaumelle Motel Draws $2.4 Million Transaction (Real Deals)
The sale of a 52-room motel in Maumelle weighed in at $2.4 million. New Frontier Hospitality LLC, led by Dilep and Vitesh Patel, bought the Quality Suites at 14322 Frontier Drive. The seller is Premier...
View ArticleYou Can Go Home Again: More Young Americans Living With Parents
Living with a parent is the most common living arrangement for 18- to 34-year-olds in the United States, the first time on record that that has been the case, according to the Pew Research Center. “In...
View ArticleData Breaches on the Rise, Even in Arkansas
Hacking is costing businesses millions more as sophisticated criminal networks determined to steal information for financial gain have replaced the individuals who were commonplace in the early years...
View ArticleFirst Security Bancorp Invests in CrossFirst
First Security Bancorp of Searcy has added to its stake in an out-of-state banking concern: CrossFirst Holdings LLC of Leawood, Kansas. The $2.65 million transaction boosts FSB’s direct ownership from...
View ArticleFifth Amendment Rights Behind One Bank & Trust Trial Delay
As you may have read in the Arkansas Democrat-Gazette, the trial of former One Bank & Trust executives Brad Paul and Mike Heald, which was supposed to start last week, has been delayed. Here are...
View ArticleDoyle Rogers Family Sells Interest In Citizens Bank
A founding family of Batesville’s Citizens Bank has exited the ownership picture in a $13.7 million transaction. The Doyle Rogers family sold its 25.82 percent stake in the $722 million-asset lender to...
View ArticleFarmers Bank & Trust Branches Out to Wilson
Farmers Bank & Trust of Blytheville is deepening its market penetration in Mississippi County with a Wilson location. The branch affords an opportunity that belies the size of the community...
View ArticleBusinesses in Arkansas Confront Shooter Scenario
The alarm rang out on a stormy Sunday night, rattling employees at the University of Arkansas for Medical Sciences in Little Rock and conjuring up two words that strike fear in modern American life:...
View ArticleBKD Agrees to $4 Million Settlement with FDIC
If you’ve been wondering how much the accounting firm BKD LLP agreed to pay the Federal Deposit Insurance Corp. to settle a federal lawsuit tied to the 2010 failure of First Southern Bank of...
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