Tag: Investments

Prenups Prepare Wealthy Couples

For individuals with a high net worth, kissing the bride or groom and saying ?I do? without a premarital agreement can be a kiss of death financially should a divorce come to pass.

Golf Entertainment Is Mum to Investors on ASD Probe

The Arkansas Securities Department apparently moves a lot faster than Golf Entertainment Inc. of Springdale.

Lewises Cut Cord on Nord

David and Ellen Lewis list their 5,456-SF mansion at 1 Mt. Nord St. in Fayetteville for $1.45 million with Lindsey & Associates Inc.

United Bank to Establish Investment Company

United Bank in Springdale is close to finalizing an agreement to establish UB Financial LLC, a diversified investment company that will operate under the United Holding Co. umbrella.

Signal Hill Partners Remains

Signal Hill Partners of Rogers says it’s raised nearly $10 million in capital and that it?s still committed to Arkansas.

Cannon Founder Calls It Quits

Cannon Express Inc. of Springdale said Aug. 20 that CFOex Inc. will assume day-to-day management responsibilities of the company and that president and CEO Dean Cannon has resigned.

Shake?s Plans Expansion to 83 Stores

Shake?s Frozen Custard plans to almost triple in size within the next two and a half years.

Law Enforcement Yet to Move on Golf

Since the compilation of an Aug. 19 expos? on Golf Entertainment Inc., two executives associated with the broadcasting company have resigned.

Hathaway Made UALR Metropolitan College

When Charles Hathaway took the top spot at the University of Arkansas at Little Rock in 1993, he inherited more than a mahogany desk and leather-backed chair.

Area Income Compares Well With Rest of State

Benton County?s prosperity is evident in a recent comparison developed by the Institute for Economic Advancement at the University of Arkansas at Little Rock.

Waltons, Alpha are Angels of Tech Boom (Ron Goforth Commentary)

The $300 million gift to the University of Arkansas from the Walton Family Charitable Trust Foundation has to be a real boost to the fulfillment of John White?s aspirations for the school to become an important research university.

Signal Us If You See …

Signal Hill Partners has pulled out of the market. Mark Nydam, its managing director, said the company hoped to be a $25 million-$50 million competitor to Diamond State Ventures in Little Rock and Fayetteville.

State Revenues Exceed Forecast

Gov. Mike Huckabee recently praised state budget forecasters and noted that for the second consecutive month, state revenues have come in above forecast.

Arkansas Best Settles With IRS

Arkansas Best Corp. of Fort Smith, a less-than-truckload carrier, said on Aug. 13 that it had settled with the Internal Revenue Service over income tax issues between 1990 and 1994.

Local Penny Stock Violates SEC Rules

Misleading financial statements, suspicious relationships and a questionable lawsuit appear to have helped Golf Entertainment Inc. turn a company shell into a shell game.

Hotel Revenue Hovers

Nationwide, the hotel industry was down by 8 percent for the first six months of 2002. But Northwest Arkansas fared considerably better than that.

Stock Option Accounting Is Tricky (Kerry Lee Watkins Commentary)

The collapse of the likes of Enron and Global Crossing has brought into question numerous accounting issues. One cooking on the front burner is stock-option accounting.

Berryville Conversion Helps Shareholders

The First National Bank of Berryville?s January conversion from a ?C? corporation to an ?S? corporation made a difference in the latest banking report card released by Bauer Financial Inc.

Audit Regs Not the Problem

In the wake of a national epidemic of corporate scandals, lawmakers might have a knee-jerk reaction to change audit regulations.

Airways Stays ?Caudled?

Airways Freight Corp. CEO Dale Caudle can add majority owner of to his title at the Fayetteville company.

Fort Smith Metro News Briefs: ‘Oceanscape’ playground work begins, Mercy stroke program renewed

Walmart likely to tap insiders for expected leadership changes

Dan Wright re-elected Arkansas Farm Bureau president

Arkansas Tourism Ticker: Tourism tax numbers down through August, job numbers up