Focus in Turner Grain Case Shifts to K.B.X.
Lonoke County farmers hope to recover the $5.5 million they lost dealing with Turner Grain Inc. from a company they claim worked closely with the Brinkley crop broker: K.B.X. Inc. of Benton. More than...
View ArticleAdviser's Serial Firings Show 'Big Problem' at Brokerages
SCOTRUN, Pa. - He was fired from one company, then another, then another. And still Anthony Diaz continued handling other people's money. The smooth-talking securities salesman affiliated with 11...
View ArticleVenture Center Holds Inaugural 'Lift the Rock' Event
About 30 people attended the Venture Center's first-ever "Lift the Rock" event, featuring VC FinTech Accelerator startup FundSeeder of Westport, Connecticut — and a gong that celebrated the center's...
View ArticleNominate Now for Arkansas Business '20 in Their 20s'
Arkansas Business is once again taking nominations for its annual "20 in Their 20s" list, which honors young professions in their 20s who excel in their profession and are leaving their mark on the...
View ArticleMatt Hicks Hired at First National Bank of Northwest Arkansas (Movers & Shakers)
Matt Hicks has joined First National Bank of Northwest Arkansas in Fayetteville. Hicks has accepted the position as vice president and commercial lender. Al Druso has joined the Little Rock office of...
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Blocking And Tackling (Gwen Moritz Editor's Note)
Sometime we have errors in Arkansas Business that were completely unavoidable. A business surveyed for a list gives us a wrong number — but not so wrong that it looks questionable. Or a name is...
View ArticleCantrell Office Building Sale Exceeds $2.6 Million (Real Deals)
A 20,232-SF office building in west Little Rock tipped the scales at $2.61 million. 8114 Cantrell LLC, led by Billy Roehrenbeck, purchased its namesake project. The seller is Atkinson Properties LLC,...
View ArticleMain Street Lofts Could Find Buyer Before Foreclosure
We’ve heard new rumblings that a sale may be in motion at the money-troubled Main Street Lofts. This latest version involves all three buildings at the downtown Little Rock project. Price tag? Unknown....
View ArticleNLR Bowling Alley Picks Up $2.3M Deal
Our quartet of multimillion-dollar transactions this week? A bowling center in North Little Rock, an apartment project in downtown Little Rock, commercial land in west Little Rock and a former antiques...
View ArticleArkansas Business Presents the 40 Under 40 Class of 2016
This week’s Arkansas Business is dedicated to our 23rd class of 40 Under 40 honorees, those young leaders of business, government and nonprofits that our internal selection team believes readers need...
View ArticleFormer Clinton Museum Store Draws $2.3M Sale (Real Deals)
A 21,840-SF building in downtown Little Rock weighed in at $2.27 million. 610 President Clinton Avenue LLC, led by Mark Dake, bought its namesake property and former home of the Clinton Museum Store...
View ArticleTodd Connelly Promoted by Wells Fargo Advisors (Movers & Shakers)
Todd Connelly, branch manager of the El Dorado office of Wells Fargo Advisors LLC, has been promoted to managing director of investments. Connelly has 30 years of experience in the financial service...
View ArticleMan Sentenced in Fraud Scheme at More Than a Dozen Banks
SPRINGFIELD - An Arkansas man who led a bank fraud conspiracy has been sentenced to 11 years and two months in federal prison without parole. Phillip Daren Shockey, of Crawford, Arkansas, was sentenced...
View ArticleBurgundy Book: Most Arkansans Expect Economic Conditions To Stay the Same
According to a May survey of business contacts, 69 percent expect economic conditions in 2016 will be about the same as last year, an improvement from three months earlier, when a little less than half...
View ArticleSPONSORED: It's Time for Arkansans to say, 'No More Dumb Money!'
Walk down the street in virtually any neighborhood in Arkansas. In nearly two out of every three houses you see, it would be hard for the families who live there to come up with $1,000 to cover an...
View ArticleFarmland Produces $4.5M Transaction (Real Deals)
A 1,145-acre farm in southeast Pulaski County tipped the scales at $4.52 million. Resicomm Properties LLC, led by Bryan and Sonja Glaze, bought the land, a mile southeast of Sweet Home along Fourche...
View ArticleEconomic Challenges Vary by Income
Economic challenges faced by Americans vary greatly by income, according to a Federal Reserve report released last month. Those with family income under $40,000 per year more frequently reported facing...
View ArticleLee Welfel Named President of Eagle Bank Mortgage (Movers & Shakers)
Lee Welfel was recently promoted to president of Eagle Bank Mortgage of Little Rock. Welfel joined the company in 2014 as executive vice president and sales manager with nine years of experience in the...
View ArticleBear State Gets Default Judgment in Falcon Air Suit
Remember the $585,549 collection suit filed by Bear State Bank against Little Rock businessman Walter Quinn and his Falcon Air LLC? Bear State obtained a default judgment against Quinn and Falcon Air...
View ArticleSimmons Sells 40 OREO Acres in Rogers for $6.7M
A Texas investment management group has made another large purchase of commercial land in Rogers. EF Capital AR LLC of The Woodlands, Texas, paid $6.7 million for some 40 acres just east of Interstate...
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