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Channel: Banking & Finance - ArkansasBusiness.com

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Summary article 2121 to 2140 of 4655 in channel 8409860
Channel Details:
 * Title: Banking & Finance - ArkansasBusiness.com
 * Channel Number: 8409860
 * Language: eng
 * Registered On: February 27, 2013, 3:13 am
 * Number of Articles: 4655
 * Latest Snapshot: April 5, 2022, 1:22 pm
 * RSS URL: http://www.arkansasbusiness.com/rss/33407?combine=1
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CROWNE PLAZA HOSTS $13.5M TRANSACTION (REAL DEALS)

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May 21, 2017, 10:00 pm

A 244-room hotel in west Little Rock tipped the scales at $13.5 million. Crowne
Plaza Little Rock LLC, led by Wally Allen, sold its namesake hotel at 201 S.
Shackleford Road. The buyer is WLR Hotel...

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BANK OF THE OZARKS ANNOUNCES SALE OF 6.6M SHARES

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May 25, 2017, 10:37 am

Bank of the Ozarks Inc. on Wednesday announced that it will sell 6.6 million
shares of common stock in a public offering and expects gross proceeds from the
sale to be $302.3 million before...

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SIMMONS FIRST INCREASES QUARTERLY DIVIDEND BY 4.2 PERCENT

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May 25, 2017, 1:18 pm

The Simmons First National Corp. board of directors on Thursday declared a
regular $0.25 per share quarterly cash dividend payable July 3, to shareholders
of record June 15. This dividend represents a...

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SIMMONS FIRST NAMES SUSAN LANIGAN NEW BOARD MEMBER

:0
:0
May 26, 2017, 8:24 am

Simmons First National Corp. on Friday named Susan Lanigan of Nashville,
Tennessee, to its board of directors. Lanigan has been executive vice president
and general counsel of Chico’s FAS Inc. since...

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SBA'S EDWARD HADDOCK GIVES BIG REASONS TO THINK SMALL

:0
:0
May 28, 2017, 10:00 pm

As director of the Arkansas District Office of the U.S. Small Business
Administration, Edward Haddock is responsible for all SBA programs and services
as well as coordination among the SBA, the...

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126 UNITS IN FAYETTEVILLE SELL FOR $8 MILLION (NWA REAL DEALS)

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:0
May 28, 2017, 10:00 pm

A Missouri investor bought a Fayetteville apartment complex for $8 million.
Patrick O’Reilly of Springfield bought the South Creekside Apartments through
Fayetteville Multifamily Apartments LLC....

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MODERN STORAGE DRAWS $3.3M TRANSACTION (REAL DEALS)

:0
:0
May 28, 2017, 10:00 pm

A 67,935-SF mini-storage project in North Little Rock weighed in at $3.3
million. Modern Storage Maumelle Blvd LLC, led by Keith Richardson, purchased
its namesake at 9100 Maumelle Blvd. The seller is...

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GRAND SAVINGS, CITIZENS BANKS ADD EXECS IN ROGERS (NWA MOVERS & SHAKERS)

:0
:0
May 28, 2017, 10:00 pm

Jared Gabriele has been hired as an assistant vice president and loan officer at
Grand Savings Bank for the bank’s Rogers market. He previously was a mortgage
closer at Arvest Bank. Ron Branscum has...

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BOND CLAIMS CHANGE FOR MORTGAGE BROKERS (VIC LANCE EXPERT ADVICE)

:0
:0
May 28, 2017, 10:00 pm

Arkansas mortgage brokers and other financial professionals in the state have to
comply with new licensing and bonding rules. The changes were introduced by a
new piece of legislation — House Bill...

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HOUSE OF CARDS: HOW JOHN ROGERS BILKED BANKS, CONNED COLLECTORS

:0
:0
May 28, 2017, 10:00 pm

Editor’s Note: This is the latest in a series of business history feature
stories. Suggestions for future Fifth Monday articles are welcome. Please
contact Gwen Moritz at (501) 372-1443 or...

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HOMEBANK HOLDS CLAIM IN EL DORADO MAN'S $3.3M BANKRUPTCY

:0
:0
May 28, 2017, 10:00 pm

An El Dorado businessman recently filed for Chapter 7 bankruptcy liquidation,
listing $3.3 million in debts and $4.4 million in assets. Darrell Lee Madding
operated several businesses in the last eight...

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FINANCIAL CLEANUP CONTINUES IN MAIN STREET LOFTS MESS

:0
:0
May 28, 2017, 10:00 pm

More pieces have surfaced in the financial workout of the Main Street Lofts
project in downtown Little Rock. AMR Construction LLC now holds an $824,784
first mortgage claim on the 62,688-SF M.M. Cohn...

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US PENDING HOME SALES FELL AGAIN IN APRIL

:0
:0
May 31, 2017, 9:28 am

WASHINGTON — Americans retreated from signing contracts to buy homes in April
for the second straight month, a possible sign that a declining number of homes
on the market are stifling sales during the...

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HOME BANCSHARES ADDED TO S&P MIDCAP 400

:0
:0
May 31, 2017, 2:47 pm

Home BancShares Inc. of Conway, parent company of Centennial Bank, announced
Wednesday that it will be added to the S&P MidCap 400 and removed from the S&P
SmallCap 600 before the market opens...

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ARKANSAS BUSINESS PRESENTS THE 40 UNDER 40 CLASS OF 2017

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:0
June 4, 2017, 10:00 pm

This week’s Arkansas Business is dedicated to our 24th class of 40 Under 40
honorees, young leaders of business, government and nonprofits selected by an
internal committee from a field of about 400...

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FOCUS BANK'S JERRY MORGAN ON KEEPING COMMODITIES IN THE COMMUNITY

:0
:0
June 4, 2017, 10:00 pm

Jerry Morgan, 47, joined Focus Bank of Charleston, Missouri, in 2013 as its
community bank president for its three branches in the Jonesboro market. Focus
Bank has 12 locations in Missouri and Arkansas...

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MAUMELLE TOWNHOMES RING UP $4.4M SALE (REAL DEALS)

:0
:0
June 4, 2017, 10:00 pm

A 72-unit townhome project in Maumelle tipped the scales at $4.4 million. AHBI
Windsor Park LLC, led by James Kincannon, purchased its namesake property at 2
Windsor Drive. The seller is Windsor Park...

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MORGAN, PRESTON GIVE ADVICE, SHARE PERSPECTIVES AT ECONOMIC FUTURE FORUM

:0
:0
June 6, 2017, 9:34 am

Mike Preston, the executive director of the Arkansas Economic Development
Commission, and Charles Morgan, a longtime leader of the Arkansas technology
industry, were the keynote speakers for the final...

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US HOUSEHOLD WEALTH TICKS UP 1.4 PERCENT TO $94.8T

:0
:0
June 8, 2017, 9:16 am

WASHINGTON — Buoyed by higher stock prices, Americans' household net worth rose
1.4 percent to $94.8 trillion in the first three months of this year, a trend
that could support future spending. The...

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AVERAGE US 30-YEAR MORTGAGE RATE FALLS TO 3.89 PERCENT

:0
:0
June 8, 2017, 9:18 am

WASHINGTON — Long-term U.S. mortgage rates fell this week, as the benchmark
30-year rate declined for the fourth straight week to its lowest level in nearly
seven months. Mortgage buyer Freddie Mac...

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