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by The City Wire staff -

Best Buy placed on credit watch

Standard & Poor's Ratings Services placed its 'BBB-' corporate credit rating and other ratings on Richfield, Minn.-based Best Buy Co. Inc. on CreditWatch with negative implications. This rating is one…

by Roby Brock -

Regions Financial Repays TARP Funds

Birmingham-based Regions Financial Corp. says it has completed its repurchase of $3.5 billion of Series A Preferred Stock issued under the U.S. Treasury’s Troubled Asset Relief Program’s (TARP) Capital Purchase Program.

by The City Wire staff -

State tax revenue rises in March report

Boosted by strong tax collections in all major revenue categories and lower-than-expected income tax refunds, Arkansas’ March revenue report reflected a strong month of economic activity. Net available general revenues…

by Roby Brock -

Arkansas Shale Drilling Activity Continues Decline

Historically low natural gas prices have pushed the state’s rig count to its lowest level in more than six years and have substantially stalled production and hiring in the Fayetteville Shale, industry experts say.