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David Smith

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Business reporter

Business reporter

Recent Stories by David Smith

REAL ESTATE TRANSACTIONS: Conway-based firm buys Comfort Suites near Shackleford Crossings

posted: 07/22/2018 4:30 a.m. Discuss

LR Markham Apartments LLC, a Conway-based limited liability company, invested $6.2 million to purchase a west Little Rock Comfort Suites hotel with 90 rooms last month.

State's 3.8 percent jobless rate hanging on for fifth-straight month

posted: 07/21/2018 4:30 a.m. Discuss

Arkansas' unemployment rate in June was stuck at 3.8 percent for the fifth-straight month, the U.S. Bureau of Labor Statistics said Friday.

Conway bank's profit jumps in second quarter

posted: 07/20/2018 4:30 a.m. Discuss

Home BancShares, which owns Centennial Bank branches in four states, earned $76 million in net income for the second quarter, its highest quarterly earnings ever, the Conway-based bank said Thursday.

Startup sets up virtual ATMs

posted: 07/19/2018 2:02 a.m. Discuss

A Swiss company, Sonect AG, believes every shop can be a virtual ATM.

REAL ESTATE TRANSACTIONS: Firm buys piece of parking lot on Little Rock's Bowman Road for $2.4M

updated: 07/16/2018 4:30 a.m. Discuss

820 Thompson Development Co. paid $2.4 million for a section of a Walmart store parking lot on Bowman Road in Little Rock last month.

Agency aims to entice central Arkansas plant to stay

posted: 07/14/2018 4:30 a.m. Comments 5

The Arkansas Economic Development Commission is working with leaders at Kimberly-Clark Corp. to develop an incentive package to try to keep the company's Conway plant open, the commission said Friday.

Little Rock bank's income tops $114M in 2Q

posted: 07/12/2018 4:30 a.m. Discuss

Bank of the Ozarks had net income of $114.8 million in the second quarter this year, up 27 percent from the same period last year, the Little Rock bank said Wednesday.

Firm pays nearly $12M for west Little Rock hotel; bank buys shuttered Dixie Cafe site

updated: 07/09/2018 5:30 a.m. Discuss

Hampton Inn & Suites in west Little Rock sold for almost $12 million to a Lonoke limited liability company last month.

Little Rock-based CARTI's bond outlook upgraded

posted: 07/07/2018 4:30 a.m. Comment 1

Fitch Ratings, an international bond-rating service, has revised its rating outlook for CARTI from negative to stable.

Central Arkansas bank buys marine-loan unit

posted: 07/03/2018 4:30 a.m. Discuss

Home BancShares, which owns Centennial Bank branches in four states, has acquired a lending division of Union Bankshares Corp. of Richmond, Va., the Conway-based firm said Monday.






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