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David Smith

Stories by David

Arkansas Public Service Commission pressed over utilities' tax paybacks

posted: 05/24/2018 4:30 a.m. Discuss

Attorneys for large industrial businesses and for the attorney general's office told the Arkansas Public Service Commission on Wednesday that the state's utilities have been mandated to repay excess income taxes to customers as soon as possible.

REAL ESTATE TRANSACTIONS: Little Rock E-Z Mart sells for $1.3 million after chain changes hands

posted: 05/20/2018 4:30 a.m. Discuss

National Retail Properties Limited Partnership, a firm with several Pulaski County purchases in recent years, paid $1.3 million for an E-Z Mart convenience store last month.

State joblessness rate holds at 3.8%

posted: 05/19/2018 2:03 a.m. Discuss

Arkansas' unemployment rate remained at 3.8 percent in April, the third-consecutive month at that level, the U.S. Bureau of Labor Statistics said Friday.

Little Rock-based Dillard's earnings $80.5M, up 21%

posted: 05/18/2018 4:30 a.m. Discuss

Department store chain Dillard's Inc. earned $80.5 million in its first quarter that ended May 5, the Little Rock company said Thursday.

Arkansas-based Acxiom reports 4Q net of $5.2M

posted: 05/17/2018 4:30 a.m. Comment 1

Acxiom Corp. earned $5.2 million in its fourth quarter that ended March 31, compared with a loss of $8.1 million in the same period last year, the Conway-based data provider said Wednesday.

No 2018 buys on to-do lists for 3 Arkansas lenders

posted: 05/13/2018 4:30 a.m. Discuss

Leaders of Arkansas' three publicly traded banks say they are not expecting to close on any bank acquisitions this year.

REAL ESTATE TRANSACTIONS: Camping World affiliate buys Arkansas RV dealer in $6.3M deals

updated: 05/14/2018 4:30 a.m. Discuss

FRHP Lincolnshire a limited liability company affiliated with Camping World, paid $6.3 million last month in two deals to buy the River City Recreational World RV dealership and adjoining rental and storage space on Warden Road in Sherwood.

For 1Q, Uniti's loss hits $870,000

posted: 05/11/2018 2 a.m. Discuss

Uniti Group lost $870,000 in the first quarter this year, the Little Rock real estate investment trust said Thursday.

REAL ESTATE TRANSACTIONS: Texas firm pays $1.5M for building housing T-Mobile in Jacksonville

posted: 05/06/2018 4:30 a.m. Discuss

Vegamelt II LLC, a limited liability company, invested $1.5 million to buy a building housing a T-Mobile retail outlet in Jacksonville last month.

In Arkansas, housing sales fall

posted: 05/05/2018 4:30 a.m. Comment 1

Home sales in Arkansas dropped 3.4 percent in March, the Arkansas Realtors Association reported.

Windstream 1Q loss grows to $121M, but revenue rises

posted: 05/04/2018 4:30 a.m. Discuss

Windstream Holdings lost $121 million in the first quarter, the Little Rock telecommunications company said Thursday.

Arkansas firm proves old adage 'a penny saved'

posted: 05/03/2018 4:30 a.m. Comment 1

An Arkansas startup company has developed a technology that proves a penny saved is a penny earned.

Land, buildings lacking in Pulaski County to attract businesses, chamber CEO says

posted: 05/01/2018 4:30 a.m. Discuss

Pulaski County does not have the land and buildings necessary to attract businesses, Jay Chesshir, chief executive officer of the Little Rock Regional Chamber of Commerce, said Monday.

REAL ESTATE TRANSACTIONS: Firm buys Taco Bueno property in North Little Rock for $1.3M

updated: 04/30/2018 4:30 a.m. Discuss

Hemaxon Enterprises, a Pennsylvania limited liability company, invested $1.3 million to buy a facility for a Taco Bueno fast-food restaurant at 113 W. Pershing Blvd. in North Little Rock.

AT&T making plans in Arkansas for ‘5G’ links; technology’s advent a way to promote Little Rock, mayor says

updated: 04/30/2018 4:30 a.m. Comments 2

Parts of Little Rock and five other areas in Arkansas are edging closer to the advent of 5G technology, the fifth generation of small cell wireless technology.

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