Simmons First National Corp. of Pine Bluff, parent company of Simmons Bank, announced Thursday it has completed acquisitions of both Southwest Bancorp Inc. of Stillwater, Oklahoma, and First Texas BHC Inc. of Fort Worth, Texas.
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Closing of Two Acquisitions Pushes Simmons to $14B in Assets
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Arkansas Unemployment Remains at 3.5 Percent
Arkansas' unemployment rate in September remained steady at 3.5 percent.
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Economist: Recovery in 'Top of The Ninth Inning"
"I think we’re in the top of the ninth inning of the recovery from our recession to, you know, getting back on our feet,” economist Jim Glassman told a small gathering of business professionals Wednesday at an economic outlook luncheon sponsored by Chase.
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Beach Nabs Alabama Summa Cum Laude Honors (Movers & Shakers)
Robert Beach, senior associate with Gill Ragon Owen of Little Rock, recently graduated summa cum laude from the University of Alabama with a Master of Laws degree in taxation and was the valedictorian of his graduating class.
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Rad Transportation of Blytheville Files for Bankruptcy
A Blytheville trucking company recently filed for bankruptcy and listed $881,000 in debt.
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Simmons First Reports 3Q Net Income of $28.9M
Simmons First National Corp. of Pine Bluff reports third-quarter net income of $28.9 million, up 17 percent from $23.4 million for the same quarter of last year.
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US 30-Year Mortgage Rates Rise to 3.94 Percent
The costs of borrowing to buy a home increased slightly this week, but U.S. mortgage rates are still near relative lows.
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European Central Bank to Reduce Stimulus — But Slowly
The European Central Bank will ease the pace of its bond-buying stimulus program — carefully dialing back a measure that has helped the eurozone bounce back from a debt crisis that threatened to break up the currency union.
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US Pending Home Sales Flat in September
The number of people who signed contracts to buy homes was flat in September, reflecting an ongoing nationwide shortage of homes being listed for sale.
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Bryan Brooks Switches to Simmons Bank (Movers & Shakers)
Bryan Brooks, formerly vice president of product management and development for Windstream Communications of Little Rock, has joined Simmons Bank of Pine Bluff as senior vice president of product development.
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Auto Parts Warehouse Hosts $3.6 Million Sale (Real Deals)
River Mountain Investments bought the Ozark Automotive Distributors facility at 4350 Stockton Drive in North Little Rock.
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Tontitown Warehouse Sells for $2.7 Million (NWA Real Deals)
Elder Conway LLC, led by Chris Elder, bought the warehouse, which sits on 6.44 acres at 609 Laura Lane. The seller was Al G. Romine of Celebration, Florida.
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Holiday Island Holdings Inc. Continues Quest for Assets
Holiday Island Holdings Inc., the state’s least-known public company, is on the hunt for assets. Revenue would be nice too.
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Wal-Mart’s Marc Lore Blows Top Off Exec Compensation List
The word “outlier” was invented to describe things like the top entry on this week’s list of the highest-paid executives employed by public companies in Arkansas.
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Judgment Ordered Against Plaintiff in Walter Quinn Case
A Colorado businessman was hit last week with a $1.9 million judgment after defaulting on a loan that he said was tied to a business deal with Walter Quinn of Little Rock.
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SPONSORED: Wood Sales Leadership Center Teaches Art, Science Of Selling
Rare program poised to turn out its first class of future salespeople at Arkansas State University.
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Trump Says He'll Announce New Fed Head Thursday
President Donald Trump says he'll announce the "new head" of the Federal Reserve Thursday afternoon.
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House GOP Tax Overhaul Keeps Retirement Rules
House Republicans would preserve the popular retirement account for middle-class Americans while limiting a cherished deduction for homeowners in a sweeping tax cut plan unveiled Thursday that would add $1.5 trillion to the nation's debt.
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Arkansas Year-to-Date Revenue Misses Forecast by $36M
Arkansas revenue collected during the first four months of the fiscal year was up 1.3 percent from the same period last year, but $36 million below forecast, according to a monthly report.
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Trump Nominates Jerome Powell to Be Next Fed Chairman
President Donald Trump on Thursday announced his choice of Federal Reserve board member Jerome Powell to be the next chairman of the nation's central bank, succeeding Janet Yellen, the first woman to hold the position.
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