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Saturday, July 30, 2016, 4:16 a.m.
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David Smith

Photo of David Smith

Business reporter

Business reporter

Recent Stories by David Smith

Home sales till July top state's '07 peak

posted: 07/29/2016 5:45 a.m. Discuss

The number of houses sold in Arkansas in the first half of 2016 surpassed pre-recession totals, according to statistics released Thursday by the Arkansas Realtors Association.

Ruling on utility pole use resisted

posted: 07/27/2016 2:16 a.m. Discuss

Fifteen telecommunication companies -- mostly affiliates of CenturyLink Communications -- and the Arkansas Cable Telecommunications Association have asked the state Public Service Commission for a rehearing on utility pole attachment rules.

Arkansas jobless rate steady at 3.8%

posted: 07/23/2016 2:41 a.m. Discuss

Arkansas' unemployment rate was unchanged from May to June at 3.8 percent, the U.S. Bureau of Labor Statistics said Friday.

Home BancShares' 2Q beats forecasts

posted: 07/22/2016 5:45 a.m. Discuss

Home BancShares, which owns Centennial Bank offices in four states, reported a record profit of $43.5 million for the second quarter, up 28 percent from $33.9 million in the same period last year.

PB bank earnings miss estimate

posted: 07/22/2016 2:05 a.m. Discuss

Simmons First National Corp. earned $22.9 million in the second quarter but missed analysts' expectations for the period, the Pine Bluff bank reported late Wednesday.

AG: Gas bill's rise unfair to residents

posted: 07/13/2016 2:17 a.m. Discuss

CenterPoint Energy's request for a rate increase is "particularly harmful to residential customers," Shawn McMurray, a lawyer for the state attorney general's office, told the Arkansas Public Service Commission on Tuesday.

Arkansas home sales rise 14%

posted: 07/12/2016 5:45 a.m. Discuss

Arkansas home sales jumped 14.4 percent in May compared with a year earlier, the 21st straight month that sales have increased, the Arkansas Realtors Association said.

Bank of Ozarks nets $54.5M

posted: 07/12/2016 5:45 a.m. Discuss

Bank of the Ozarks on Monday reported a record net income of $54.5 million in the second quarter, up 21.7 percent from $44.8 million earned in the second quarter last year.

Financial-tech startups enjoy Little Rock stimulus

posted: 07/10/2016 2:10 a.m. Discuss

A New York startup believes that its software system will help small Arkansas banks and others nationwide meet growing regulatory requirements at lower costs.

CS&L gains an index-best 30% in 2Q

posted: 07/01/2016 2:09 a.m. Discuss

Communications Sales & Leasing, which was created last year from a spinoff of Windstream's copper and fiber assets, outperformed the largest public companies in Arkansas in the second quarter with shares posting a return of almost 30 percent.

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