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David Smith

Stories by David

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.

Pitch expected for new megaproject

posted: 01/09/2015 1:52 a.m. Discuss

The Arkansas Economic Development Commission expects to make a pitch next month to the state Legislature to help land a megaproject that could bring 500 jobs.

Receiver picked in archivist lawsuit

posted: 01/06/2015 1:54 a.m. Discuss

Pulaski County Circuit Judge Chris Piazza appointed a receiver Monday to represent John Rogers' photo archive businesses in a lawsuit filed last year by First Arkansas Bank & Trust of Jacksonville.

Led by truckers, firms in state post big gains

posted: 01/01/2015 2:28 a.m. Discuss

For the second year in a row, trucking companies posted the best returns for investors among Arkansas-based companies.

LR-area rental vacancies at 8.3%

posted: 12/31/2014 2:10 a.m. Comment 1

The vacancy rate for Pulaski County apartments was 8.3 percent in the third quarter this year, almost double the national rate, owners of a company that tracks the apartment market in central Arkansas say.

Purchases triple assets for Southern Bancorp

posted: 12/28/2014 2:23 a.m. Discuss

Arkadelphia-based Southern Bancorp has more than tripled its assets in the past five years, the largest percentage increase of any bank in the state.

Entergy to merge 6 operation hubs to 2

posted: 12/27/2014 1:54 a.m. Discuss

Entergy Corp. began construction last month on two $23 million transmission operations centers in Little Rock and in Jackson, Miss., that will consolidate work now being done in six smaller centers in the company's four-state service area.

Offices going up at Baptist Health

posted: 12/13/2014 1:53 a.m. Discuss

Flake & Kelley Commercial plans to build a $10 million medical office building on the Baptist Health campus in Little Rock, the first such building near the hospital since the 1980s, the developer said Friday.

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