Regions

Great Southern Bank Buys Alltel Building

Bill Schwyhart, through his Financial Holdings LLC, sold the Alltel Building in the Pinnacle Point Corporate Park in Rogers to Great Southern Bank of Missouri for $4.75 million.

Cash on the Sidelines While Investors Wait for Recovery (Commentary by James Bell)

Following the turmoil in financial markets around the world, the level of cash being held by investors has risen to record levels. In fact, by some estimates the total value of money market funds held now exceeds the value of equity mutual funds.

K.I.S.S. (& H.)

We disagreed with Bill Halter on the advisability of creating a lottery in Arkansas that gives government a vested interest in promoting long-odds gambling, even for such a laudable goal as college scholarships. But now that the people have ruled, we find

Good to Great to Bust? There’s No Magic Formula for Success (Commentary by Jeff Hankins)

Even “Good to Great” companies can stumble or find themselves at the mercy of bigger economic issues.

Athletic Club Owners to Fight Foreclosure

The owners of Fayetteville Athletic Club, served with foreclosure papers on Feb. 25, have become collateral damage in the failure of ANB Financial.

New Home Inventory Dips Below 1,000

The Northwest Arkansas absorption rate slowed during the fourth quarter of 2008 according to The Skyline Report prepared for Arvest Bank by the University of Arkansas Walton College of Business.

Networking Event Honored NWABJ ‘s Fast 15

The Northwest Arkansas Business Journal on Feb. 24 honored 15 young professionals featured in the inaugural Fast 15 issue.

Met Bank Shakes Up Senior Management

Metropolitan National Bank of Little Rock announced March 3 it had hired James Stobaugh as president of its Northwest Arkansas region and as the president of Washington County.

Mercy Launches New Cardiac CT Program

Mercy Health System of Northwest Arkansas is launching a Cardiac CT program that will utilize diagnostic imaging technology at Mercy Medical Center in Rogers.

Tyson to Complete Sale of Beef Plant

Tyson Foods’ sale of the Canadian beef plant Lakeside Farm Industries to XL Foods Inc. is moving forward, following a review by the Canadian Competition Bureau.

Car-Mart Net Up 8 Percent for 3Q

America?s Car-Mart of Bentonville posted an 8 percent increase in net income during its third quarter ended Jan. 31, 2009, on overall revenue growth of 3.3 percent.

Wal-Mart Keeps Rolling; Dubai Dan Pulls Italian Job

Wal-Mart hammered expectations for February same-store sales, announcing a 5.1 percent increase at its U.S. stores on March 5 versus its own quarterly guidance of zero to 2 percent growth and analyst predictions of 2.4 percent.

Democrat-Gazette Newsroom Forces Furloughs

The Arkansas Democrat-Gazette newsroom is instituting a mandatory furlough policy for its employees.

A Mother?s Advice Needed in D.C. (Commentary by Andrew Jensen)

If you can’t say something nice, don’t say anything at all.

J.B. Hunt Cuts Employee Perks

J.B. Hunt Transport Services Inc. recently informed employees it was immediately ending company 401(k) matches, vacation carry over and annual raises.

Foreclosed Owner Once A Model For Met

Katherine Shoulders, co-owner of the Fayetteville Athletic Club, was part of a seemingly innocuous campaign for Little Rock-based Metropolitan National Bank.