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US Economy Slowed to 2.1% Growth Rate in Second Quarter

The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending.

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First Financial Bank of El Dorado to Acquire First National Bank of Wynne

First Financial Bank of El Dorado announced Thursday that it has entered into a definitive agreement to acquire First National Bank of Wynne, which has branches in Cherry Valley, Forrest City,...

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IIAA Honors Lynn Zeno, Liberty Mutual/Safeco (Movers & Shakers)

Lynn Zeno of Little Rock was awarded the Allan Kennedy Memorial Award by the Independent Insurance Agents of Arkansas. Liberty Mutual/Safeco was selected as the Company of the Year.

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Fayetteville Realty Group Buys Hotel, Event Venue (NWA Real Deals)

Specialized Real Estate Group of Fayetteville has taken sole possession of Pratt Place Inn & Barn, a hotel and event venue in Markham Hill in Fayetteville.

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WLR Apartment Combo Produces $22.1M Sale (Real Deals)

An affiliate of Little Rock’s BSR Trust LLC sold the 256-unit Waterford Apartments project for $18.15 million and the 72-unit Bowman Heights project for $4 million.

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US Business Economists See Slower Growth and Profits Ahead

U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline.

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More Americans Sign Contracts to Buy Homes in June

More Americans signed contracts to purchase homes in June, marking the second straight month of growth.

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Simmons First to Buy Landrum Co. in $434M All-Stock Deal

Simmons First National Corp. of Pine Bluff says it will acquire all outstanding capital stock of The Landrum Co. of Columbia, Missouri, the parent company of Landmark Bank.

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Fed Cuts Key Rate in First Reduction in More Than Decade

The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically...

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Winrock CEO Named to Federal Committee

Winrock President and CEO Rodney Ferguson has been named to the Export-Import Bank of the United States 2019 Advisory Committee.

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Jennali Cybulaski Takes VP Position at Arvest (Movers & Shakers)

Jennali Cybulaski has been named vice president and private banking adviser at Arvest Bank in Little Rock. She will serve central Arkansas in this new role.

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Distribution Center Tops $20.7M Mark (Real Deals)

Glen Una Holdings Little Rock LLC of Los Gatos, California, purchased the 104 Champs Blvd. project from RCS-Little Rock LLC, an affiliate of Real Capital Solutions of Louisville, Colorado.

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Walmart CEO Doug McMillon Leads List of Public Companies Executive Compensation

The number of publicly traded companies in Arkansas is stable this year thanks to a couple of small IPOs and the federal government shutdown late last year, and Walmart executives continue to dominate...

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Sears Bankruptcy Sets Up Second Lawsuit Over Springdale Kmart

A northwest Arkansas real estate investor has filed a second lawsuit in an attempt to free up an abandoned Kmart building he owns in Springdale.

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Lonoke County Farmland, Conway Hardee's Lead Recent Seven-Digit Deals

Farmland in south-central Lonoke County, a fast-food eatery in Conway, a mini-storage project in downtown Little Rock, a medical office building in west Little Rock and commercial sites in Benton form...

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Convicted Forger Donna Herring Declares Bankruptcy, Awaits Sentencing

Donna Herring, the former Camden real estate agent who orchestrated the infamous fake will case, has filed for Chapter 13 reorganization, listing $101,000 in debts and $110,000 in assets.

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US Long-Term Mortgage Rates Fall Sharply

U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016.

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Trump Calls on Fed to Make 'Substantial' Rate Cuts

President Donald Trump is not letting up on his attacks on the Federal Reserve, calling for "substantial" Fed rate cuts to allow the dollar to fall in value against foreign currencies.

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Acquisation of First State Bank of Crossett Expected by 2020

The sale of the $34.6 million-asset First State Bank of Crossett to Capital Bancorp Inc. of Delhi, Louisiana, announced 18 months ago, is now expected to close before year’s end.

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Bank of Prescott Attracts $8.4M Purchase Offer

The proposed sale of the last lender headquartered in Nevada County represents a nearly $8.4 million cash transaction.

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