by - September 6, 2017 9:32 am
Financial services giant Little Rock-based Stephens Inc. announced a multi-year sponsorship of PGA golfer David Lingmerth on Wednesday (Sept. 6). Financial terms of the deal were not disclosed. As part…
by - September 5, 2017 12:40 pm
Pine Bluff-based Simmons Bank has completed the sale of its property and casualty (P&C) insurance business to Sunstar Insurance Group LLC, an independent agency headquartered in Memphis, Tenn. Most life,…
by - August 31, 2017 1:00 pm
A new study by credit reporting giant Experian shows that Arkansas ranks among the top five states with the highest percentage of balances that are more than three months past…
by - August 30, 2017 11:07 am
Eureka Springs-based Cornerstone Bank will break ground Sept. 15 on a permanent banking center in Harrison. The project site is at 1426 Highway 65, across from a Walmart Supercenter. The…
by - August 29, 2017 1:09 pm
Arvest Bank on Tuesday (Aug. 29) released its Skyline Report for the residential real estate market in Northwest Arkansas for the first six months of 2017. The bi-annual analysis of…
by - August 29, 2017 12:50 pm
A privately held investment firm led by Memphis billionaire Mason Hawkins said in a recent securities filing that Deltic Timber Inc.’s board of directors and revamped executive team are not…
by - August 28, 2017 7:41 pm
Pine Bluff-based Simmons Bank said it was the winning bid at the public auction for total ownership of Little Rock-based Heartland Bank. The auction was held Monday (Aug. 28) in…
by - August 28, 2017 5:08 pm
Big River Steel has closed on a $1.225 billion financing agreement, the company has announced. About $600 million will be in the form of senior secured notes due in 2025;…
by - August 25, 2017 9:36 am
The U.S. Securities and Exchange Commission will raise the fees it charges to public companies to register their securities with the commission. On Oct. 1, the fees will rise 7%…
by - August 23, 2017 6:42 pm
EDITOR’S NOTE: The story has been updated with corrected information regarding second quarter income for Arkansas banks. —————– Cheap money and decent loan demand is helping Arkansas banks earn bigger…
by - August 22, 2017 5:06 pm
Fayetteville-chartered Arvest Bank was already big in terms of assets — $17 billion — ahead of the Bear State Financial deal announced Tuesday (Aug. 22), and Arvest also had around…
by - August 22, 2017 10:32 am
Fayetteville-based Arvest Bank is acquiring Little Rock-based Bear State Bank in a deal valued at $391 million that is expected to close no later than the first quarter of 2018,…
by - August 21, 2017 2:08 pm
Tyson Foods has proposed $900 million in senior unsecured notes, which started being offered on Monday (Aug. 21) and extended a $500 million senior unsecured loan out to 2020. The…
by - August 21, 2017 10:27 am
Heat rates of natural gas-fired power plants have fallen 7%, and the rates for coal-fired power plants have risen about 1% between 2006 and 2015, according to the U.S. Energy…
by - August 17, 2017 1:57 pm
Wal-Mart Stores managed to over-deliver on second quarter earnings growth and top line revenue, despite falling short of the profits pocketed a year ago. Analysts covering Wal-Mart liked the second…
by - August 16, 2017 2:09 pm
Little Rock accounting firm Hudson, Cisne & Co. LLP announced Wednesday (Aug. 16) the acquisition of Newton, Owen, Boyd & Smoke LTD, previously based in Pine Bluff. Financial terms of…
by - August 14, 2017 9:18 am
The Arkansas Insurance Hall of Fame at the University of Central Arkansas has announced the 2017 class of inductees. Eight new inductees will be honored at an induction banquet at…
by - August 10, 2017 10:00 am
EDITOR’S NOTE: The following story appeared in the Aug. 7 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business Journal’s…
by - August 7, 2017 5:16 pm
The banking sector in Arkansas is competitive, ranging from publicly traded, multi-state financial institutions to family-owned community banks. A new report from Bank Street Partners ranked the top 50 Arkansas…
by - August 7, 2017 4:43 pm
St. Louis Federal Reserve President James Bullard said Monday (Aug. 7) even though the nation’s low unemployment rate could cause inflation to rise, short-term interest rates should remain where they…
