Author: Talk Business & Politics staff

Talk Business & Politics staff

2019 income and revenue up for Bank OZK

Full-year net income for Bank OZK totaled $425.906 million, up 2.1% compared with the 2018 total. Earnings per share of $3.30 for the year beat the consensus estimate of $3.28….

Natural Resources Commission approves water, wastewater projects

The Arkansas Department of Agriculture’s Natural Resources Commission approved funding for water and wastewater projects in eight Arkansas communities Thursday (Jan. 16). The following cities and entities received loans: Bono…

Gov. Hutchinson announces judicial, board appointments

Gov. Asa Hutchinson on Thursday (Jan. 16) announced the following appointments: Niel Crowson, Jonesboro, to the Board of Trustees of Arkansas State University. Appointment expires January 14, 2025. Reappointment. Gary…

UCA awarded $650,000 grant to recruit lower income chemistry students

The University of Central Arkansas Department of Chemistry was awarded a $650,000 grant from the National Science Foundation’s Scholarships in Science, Technology, Engineering and Mathematics (S-STEM) program to establish a…

Waypoint Private Capital opens Springdale office

Waypoint Private Capital Inc., a Wisconsin-based investment banking firm, has opened an office in downtown Springdale. Randy Meier is the managing director of the office at 2821 Alliance Place. He…

2019: Notable deaths

Significant contributors to the Northwest Arkansas and Fort Smith metro business community died in 2019. JANUARY Dick Barclay, 81, Jan. 4 — Barclay, a longtime Rogers civic leader and former…

Home BancShares 2019 net income down 3.6%, total revenue up

Conway-based Home BancsShares, the parent company of Centennial Bank, posted full year net income of $289.539 million, down 3.6% compared with 2018 net income. Full year revenue totaled $817.504 million,…

U.S.-Mexico-Canada gains U.S. Senate approval, awaits Trump’s signature

The U.S. Senate on Thursday (Jan. 16) voted to approve the U.S.-Mexico-Canada Trade Agreement (USMCA), which sends the far-reaching new trade rules to President Donald Trump for his signature. The…

Arkansas & Missouri Railroad to restart operations on Hewitt Street property in Springdale

Springdale-based Arkansas & Missouri Railroad recently announced it would again start to use its Hewitt Street property along the east side of its office at 306 E. Emma Ave. It…

NYITCOM at ASU to host annual inter-professional event

Students preparing for careers in a variety of medical fields will come together to learn about the roles and responsibilities of other health care professionals as NYIT College of Osteopathic…

Michelle Rupp joins AFMC in new VP role

Michelle Rupp has joined the Arkansas Foundation for Medical Care in a newly created position as Vice President of Marketing, Communications and Strategic Development. Rupp’s has a 20-year background in…

New missile system work set for Lockheed’s Camden plant

Lockheed Martin’s Camden, Ark., plant will benefit from a $31.9 million missile system weapons contract between the company and the Defense Advanced Research Projects Agency (DARPA). The contract is to…

Father-son duo planning $10 million resort in Eureka Springs

The developers of a new hospitality destination in Eureka Springs say it will be a regional draw for mountain bikers, motorcyclists, foodies and sightseers. Pine Mountain is a redevelopment of…

Bentonville-based Midtown Associates rebrands as Engel & Völkers franchise

Global real estate brokerage Engel & Völkers is expanding into the Northwest Arkansas market. Midtown Associates is now doing business as Engel & Völkers Northwest Arkansas. Michelle Dearing founded the…

Wind, solar to comprise 76% of new generating capacity in 2020

The U.S. power sector is expected to add 42 gigawatts of electricity generating capacity in 2020, and 76%, or 32 gigawatts, of this capacity is expected to come from solar…

Springer, Davis head to run-off to replace Rep. John Walker

In the race to replace the late Rep. John Walker, D-Little Rock, Democrats Joy Springer and Ryan Davis will face off in a run-off election in three weeks. The vacancy…

Mainstream Technologies receives elite cybersecurity rating

Little Rock-based Mainstream Technologies, Inc. announced Tuesday (Jan. 14) it has received the MSPAlliance Cyber Verify Risk Assurance Rating for Managed Services and Cloud Providers. Cyber Verify is designed to…

XNA sets record in 2019

Northwest Arkansas National Airport (XNA) in Highfill announced Tuesday (Jan. 14) enplanements rose 17% to a record of 922,533 in 2019, from 788,261 in 2018. “The record growth in 2019…

Energy forecast predicts U.S. will continue to be a net exporter of crude oil

The U.S. Energy Information Administration (EIA) recently issued its January edition of the Short-Term Energy Outlook (STEO), including for the first time energy forecasts for 2021. EIA forecasts that the…

Arkansas Federal to move headquarters to west Little Rock

Arkansas Federal Credit Union has purchased the building now occupied by Family Life in West Little Rock for more than $12 million, and will transition from its Jacksonville headquarters to…