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David Smith

Stories by David

Home sales rise 4.5% for Arkansas in 2014

posted: 02/24/2015 2:08 a.m. Discuss

Arkansas home sales rose 6.9 percent in December compared with December 2013, according to the the Arkansas Realtors Association.

LR race medals held up on West Coast

posted: 02/21/2015 2:11 a.m. Discuss

A ship carrying the 3-pound, pirate-themed medals for the Little Rock Marathon, which had been stranded for days off the coast of Long Beach, Calif., finally docked Thursday, Gina Marchese Pharis, executive director of the marathon, said Friday.

Rental openings jump in LR area

posted: 02/19/2015 2:22 a.m. Discuss

The apartment vacancy rate in Pulaski County was little changed in the fourth quarter last year compared with the third quarter, according to owners of a firm that follows the central Arkansas apartment market.

Bonds to assist PB, Newport projects

posted: 02/13/2015 1:54 a.m. Discuss

EL DORADO -- The Arkansas Economic Development Commission approved $14 million in bond guaranties Thursday that will create 120 jobs from expansions at manufacturing plants in Newport and Pine Bluff.

Interest in photo archives mounts

posted: 02/07/2015 2:12 a.m. Discuss

Several companies are researching buying the photo-archive businesses built by John Rogers, the receiver appointed to watch over Rogers' properties said.

In state, bond issues down 20% in 2014

posted: 02/04/2015 2:17 a.m. Discuss

Municipal bond issues totaled almost $2 billion in Arkansas last year, about 20 percent below the $2.5 billion in 2013, according to statistics from Thomson-Reuters.

Bank looks at growth in U.S.

posted: 02/01/2015 1:51 a.m. Discuss

Bank of the Ozarks is considering opening lending offices in Seattle, Washington, D.C., Boston and Chicago over the next two years, says George Gleason, the bank's chairman and chief executive officer.

Registrations rise 40% for new autos in 2014

posted: 01/27/2015 2:32 a.m. Discuss

New vehicle registrations in Arkansas returned to pre-recession levels last year, rising 40 percent compared with 2013, according to data from Cross-Sell of Lexington, Ky.

Simmons triples income in 4Q

posted: 01/23/2015 2:32 a.m. Discuss

Simmons First National Corp. had net income of $12.6 million in the fourth quarter last year, more than triple the $3.8 million it earned in the same period of 2013, the Pine Bluff bank said Thursday.

Big River Steel seeks suit dismissal

posted: 01/17/2015 2:06 a.m. Discuss

An attorney for Big River Steel, which is building a $1.3 billion steel mill near Osceola, told U.S. District Judge Leon Holmes on Friday that a lawsuit against the firm should be dismissed because the legal points in the case already have been decided.

Bank of Ozarks' earnings rise 42%

posted: 01/16/2015 1:53 a.m. Discuss

Bank of the Ozarks' fourth-quarter earnings last year were $34.8 million, up 42 percent from $24.4 million in the same period of 2013, the Little Rock-based bank said Thursday.

Conway bank's profit soars

posted: 01/16/2015 1:52 a.m. Discuss

Home BancShares earned $29.9 million in the fourth quarter last year, more than double the net income of $13 million for the same period of 2013, the parent company of Centennial Bank said Thursday.

$59 million bid offered for Rogers archives

posted: 01/14/2015 2:25 a.m. Discuss

An Atlanta investment group has offered to pay $59 million for essentially all of the photo archives once owned by John Rogers, the receiver in lawsuits against Rogers said Tuesday.

Board OKs Entergy rate increase

posted: 01/13/2015 2:12 a.m. Comments 3

The Arkansas Public Service Commission has approved a 3.4 percent rate increase for Entergy Arkansas residential customers that had been mandated by federal regulators.

State incentives to help 2 plants create 345 jobs

posted: 01/10/2015 1:56 a.m. Discuss

Arkansas has offered incentive packages to two manufacturing facilities in the state that will help create almost 350 jobs, said Grant Tennille, director of the Arkansas Economic Development Commission.

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