Business Leaders to Congress: Ignore Chaos, Focus on Taxes
WASHINGTON — Business leaders began an aggressive lobbying effort Thursday to ensure that their vision for overhauling the U.S. tax system isn't lost in the chaos consuming President Donald Trump's...
View Article9 Years After Recession Began, Some States Still Unrecovered
MERIDIAN, Miss. — Call them the unrecovered — a handful of states where job markets, nine years later, are still struggling back to where they were before the recession. That's true in Mississippi,...
View ArticleAsa Hutchinson: Arkansas Leads Nation in Foreign Direct Investment
Gov. Asa Hutchinson was the keynote speaker at the conference on the future of the Arkansas Delta at Pine Bluff Convention Center on Friday, addressing representatives from a range of sectors who met...
View ArticleHeartland, Onebanc End 1Q in the Red
Two Little Rock lenders continue to battle through losses in search of a return to sustained profitability: Heartland Bank and One Bank & Trust. What’s on the books and looming in the wings at the...
View ArticleFBT Bank & Mortgage Adds Craig Attwood (Movers & Shakers)
Craig Attwood has joined FBT Bank & Mortgage as executive vice president and director of banking for Jefferson County. He was previously vice president of the Indirect Lending Division at Simmons...
View ArticleReduction in Bear State Force Visible in Call Report
The folks at Bear State Bank declined to comment when we asked a couple of months ago about a tip that some 45 employees had been laid off along about the same time that Mark McFatridge resigned as...
View ArticleArkansas Blue Cross & Blue Shield Tops Big Private Companies List
Arkansas Blue Cross & Blue Shield of Little Rock, with revenue doubling in the past five years to nearly $2.5 billion, has taken the top spot on Arkansas Business’ annual list of the state’s...
View ArticleCrowne Plaza Hosts $13.5M Transaction (Real Deals)
A 244-room hotel in west Little Rock tipped the scales at $13.5 million. Crowne Plaza Little Rock LLC, led by Wally Allen, sold its namesake hotel at 201 S. Shackleford Road. The buyer is WLR Hotel...
View ArticleStephens Inc. Launches Film Series On Heroes of Capitalism
Warren Stephens owes bit a debt to capitalism, and he’s eager to rescue its suffering image. And as president and CEO of one of America’s top investment banks off Wall Street, Little Rock’s Stephens...
View ArticleBank of the Ozarks Announces Sale of 6.6M Shares
Bank of the Ozarks Inc. on Wednesday announced that it will sell 6.6 million shares of common stock in a public offering and expects gross proceeds from the sale to be $302.3 million before...
View ArticleSimmons First Increases Quarterly Dividend by 4.2 Percent
The Simmons First National Corp. board of directors on Thursday declared a regular $0.25 per share quarterly cash dividend payable July 3, to shareholders of record June 15. This dividend represents a...
View ArticleSimmons First Names Susan Lanigan New Board Member
Simmons First National Corp. on Friday named Susan Lanigan of Nashville, Tennessee, to its board of directors. Lanigan has been executive vice president and general counsel of Chico’s FAS Inc. since...
View ArticleSBA's Edward Haddock Gives Big Reasons to Think Small
As director of the Arkansas District Office of the U.S. Small Business Administration, Edward Haddock is responsible for all SBA programs and services as well as coordination among the SBA, the...
View Article126 Units in Fayetteville Sell for $8 Million (NWA Real Deals)
A Missouri investor bought a Fayetteville apartment complex for $8 million. Patrick O’Reilly of Springfield bought the South Creekside Apartments through Fayetteville Multifamily Apartments LLC....
View ArticleModern Storage Draws $3.3M Transaction (Real Deals)
A 67,935-SF mini-storage project in North Little Rock weighed in at $3.3 million. Modern Storage Maumelle Blvd LLC, led by Keith Richardson, purchased its namesake at 9100 Maumelle Blvd. The seller is...
View ArticleGrand Savings, Citizens Banks Add Execs in Rogers (NWA Movers & Shakers)
Jared Gabriele has been hired as an assistant vice president and loan officer at Grand Savings Bank for the bank’s Rogers market. He previously was a mortgage closer at Arvest Bank. Ron Branscum has...
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Bond Claims Change for Mortgage Brokers (Vic Lance Expert Advice)
Arkansas mortgage brokers and other financial professionals in the state have to comply with new licensing and bonding rules. The changes were introduced by a new piece of legislation — House Bill...
View ArticleHouse of Cards: How John Rogers Bilked Banks, Conned Collectors
Editor’s Note: This is the latest in a series of business history feature stories. Suggestions for future Fifth Monday articles are welcome. Please contact Gwen Moritz at (501) 372-1443 or...
View ArticleHomebank Holds Claim in El Dorado Man's $3.3M Bankruptcy
An El Dorado businessman recently filed for Chapter 7 bankruptcy liquidation, listing $3.3 million in debts and $4.4 million in assets. Darrell Lee Madding operated several businesses in the last eight...
View ArticleFinancial Cleanup Continues in Main Street Lofts Mess
More pieces have surfaced in the financial workout of the Main Street Lofts project in downtown Little Rock. AMR Construction LLC now holds an $824,784 first mortgage claim on the 62,688-SF M.M. Cohn...
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