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Regulators OK First National Bank of Wynne's Acquisition of Bank of McCrory

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First National Corporation of Wynne, parent company of The First National Bank of Wynne, said Thursday that it received regulatory approval to acquire Bank of McCrory.

Arkansas Unemployment Rate Rises to 3.5 Percent

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Arkansas' unemployment rate in August increased one-tenth of a percentage point to 3.5 percent.

Land O' Lakes Subsidiary Buys Armor Seed

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Armor Seed LLC of Jonesboro, one of the largest regional seed providers in the country, has been acquired by Winfield United, a subsidiary of Land O' Lakes of Arden Hills, Minnesota.

Marshall Saviers on What's Missing from Northwest Arkansas' Growth Experience

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Marshall Saviers is now president of Sage Partners, where he oversees brokerage operations for the company and helped facilitate the 2017 merger between Sage Partners, Hunt Ventures of Lowell and Capital Partners of Little Rock.

Data Theft: Is Your Business Ready? (Aaron Gamewell Expert Advice)

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Aaron Gamewell of SBS CyberSecurity offers his list of actions that every business should deploy to mitigate the risk of a data breach.

Multifamily Trio Add Up to $21.9M Transaction (Real Deals)

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Affiliates of Republic Funds of Toronto purchased the 258-unit Spanish Rock Apartments, the 224-unit Spanish Jon’s project and the 120-unit Wilmington Apartments project.

Centennial Files Foreclosure Against Former Allens CEO

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Centennial Bank of Conway has filed a foreclosure suit against Joshua Allen, the former CEO and president of Allens Inc. of Siloam Springs.

Williams & Anderson, Allen Law Firm Announce Merger

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Allen Law Firm will merge with Williams & Anderson effective Oct. 1, the two Little Rock law firms announced Tuesday.

Commercial Vacancy in Northwest Arkansas is Lowest Since 2004

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In northwest Arkansas, the commercial real estate market's vacancy rate for the first half of 2017 is the lowest it has been since the inception of Arvest Bank's Skyline Report in 2004.

Bank of the Ozarks Formally Announces New Headquarters

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Bank of the Ozarks Inc. of Little Rock, which has been planning a new headquarters in west Little Rock, joined Gov. Asa Hutchinson and Little Rock Mayor Mark Stodola to formally announce those plans, including a timeline for construction and completion.

UA System Names Gina Terry as CFO

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University of Arkansas System President Donald R. Bobbitt names longtime senior audit director Gina Terry as chief financial officer for the UA System.

Fed Announces a Start to Modestly Reducing its Bond Holdings

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The Federal Reserve will begin shrinking the enormous portfolio of bonds it amassed after the 2008 financial crisis to try to sustain a frail economy. The move reflects a strengthened economy and could mean higher rates on mortgages and other loans over time.

Public Shaming Likely But GOP Wary of New Laws After Equifax

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Prospects are good for a public shaming in the Equifax data breach, but it's unlikely Congress will institute sweeping new regulations after hackers accessed the personal information of an estimated 143 million Americans.

JPMS Cox, HoganTaylor Announce Merger

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Accounting firms JPMS Cox of Little Rock and HoganTaylor of Oklahoma announced Friday they will merge on Jan. 1, then operate under the HoganTaylor name.

Simmons First's Burt Hicks Reflects Upon Impact

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Burt Hicks is the president and CEO of Simmons First Investment Group Inc.

Stretch, Little Rock, Stretch (Natalie Ghidotti Commentary)

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I’m not so bold as to believe that Little Rock will be a top contender for Amazon, even though we are certainly worthy of consideration. It’s only because Amazon was very specific about the needs for its next location — things we don’t have right now. But I get Mayor Mark Stodola’s reasoning. Dreaming big is important.

Tim Hicks Takes Over Investor Relations at BOZ (Movers & Shakers)

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Tim Hicks has been named chief administrative officer and executive director of investor relations at Bank of the Ozarks of Little Rock.

20 in Their 20s: New Influentials of 2017 Take Courage, Drive and Heart to Every Corner of Arkansas

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This is the ninth year that Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce to readers in a feature called the New Influentials: 20 in Their 20s.

As Factory Closes, Allens Foods Remains in Bankruptcy

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Allens remains in bankruptcy, and its trustee in the Chapter 7 liquidation continues to fight some of the creditors that he accused of scheming to buy the vegetable and food processor out of bankruptcy in order to save themselves millions while leaving most creditors holding an empty bag.

Home BancShares Feels Effects of Hurricane Irma

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By the time you read this, Johnny Allison should have had a firsthand look at the impact Hurricane Irma had on the Centennial Bank branches in Florida.
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