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Wednesday, May 25, 2016, 5:46 p.m.
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David Smith

Stories by David

State companies honored as exporters

posted: 05/25/2016 2:10 a.m. Discuss

Oscar Cozzini started his Arkansas stone company, RH Preyda, only 2½ years ago, and he has already more than tripled revenue and doubled the number of employees.

State's 3.9% jobless rate sets modern-era record

posted: 05/21/2016 2:02 a.m. Comment 1

Arkansas' unemployment rate fell to 3.9 percent in April, dropping below 4 percent for the first time since reports were issued, the U.S. Bureau of Labor Statistics said Friday.

Simmons CEO sees purchase as a start

posted: 05/20/2016 2:08 a.m. Discuss

With its agreement to buy an east Tennessee bank, Simmons First National Corp. now has a base to build business in two nearby metropolitan areas -- Chattanooga and Knoxville -- George Makris, Simmons' chairman and chief executive officer, said Thursday.

In deal, Pine Bluff bank to widen its reach

posted: 05/19/2016 2:12 a.m. Discuss

Simmons First National Corp. has agreed to acquire Citizens National Bank of Athens, Tenn., the Pine Bluff bank said Wednesday.

Launchers back in East Camden

posted: 05/18/2016 5:45 a.m. Discuss

Lockheed Martin's East Camden plant will restart production this year of the High Mobility Artillery Rocket System launcher and the Tactical Missile System, the Bethesda, Md., firm said Tuesday.

Mentor program for execs set in LR

posted: 05/17/2016 2:12 a.m. Discuss

Ten startup companies -- with headquarters from North Little Rock to Nigeria and Switzerland -- have been chosen to participate in a 12-week program collaborating with the Venture Center and FIS Global, the Venture Center said Monday.

State's sweet talk snagged pulp mill

updated: 05/14/2016 3:16 a.m. Discuss

Arkansas was hours away from losing a $1 billion pulp mill project near Arkadelphia last month, Gov. Asa Hutchinson says, in what would have been a disappointing end to a five-year courtship. But last-minute meetings to promote the state's resources prevented the project from landing in Mississippi.

Fed economist foresees labor shortage in Arkansas' future

posted: 05/13/2016 1:58 a.m. Discuss

Arkansas' economy is booming -- with an unemployment rate of 4 percent that hasn't been seen in almost 60 years -- but there's some concern about the state's shrinking workforce, an economist said Thursday at an annual meeting of the Arkansas Bankers Association.

Bank of Ozarks shares still sliding

posted: 05/06/2016 2:12 a.m. Discuss

Bank of the Ozarks' shares dropped almost 15 percent during the trading day Wednesday after an investor at an investment conference said he was short-selling the stock.

State agency lets ad-contract bids

posted: 05/04/2016 2:18 a.m. Discuss

The Arkansas Economic Development Commission, the state agency that persuades companies to move factories or offices to the state, is seeking firms for its advertising and public relations contract.

Banking by phone gaining traction

posted: 05/01/2016 3:08 a.m. Discuss

The use of mobile banking -- consumers accessing bank services using a mobile phone -- continues to increase, according to an annual survey by the Federal Reserve Board.

Home sales rise 9.7% in state

posted: 04/29/2016 5:45 a.m. Discuss

Home sales in Arkansas continued their strong growth in March, rising 9.7 percent compared with March last year, the Arkansas Realtors Association said Thursday.

$1B pulp plant to employ 250 in state's south

posted: 04/27/2016 5:45 a.m. Comment 1

Shandong Sun Paper Industry Joint Stock Co. will build a $1 billion pulp mill in Clark County near Arkadelphia, the Chinese company and Arkansas officials said Tuesday.

2-for-1 stock split set by Home BancShares

posted: 04/23/2016 2:17 a.m. Discuss

Home BancShares will make a 2-for-1 stock split on June 8, the Conway bank's chairman, John Allison, said Thursday at its annual meeting in North Little Rock.

Conway bank earns a record $41.4M in 1Q

posted: 04/22/2016 5:45 a.m. Discuss

Home BancShares, which owns Centennial Bank offices in four states, earned a record $41.4 million in the first quarter, up 33 percent from the same period last year, the Conway bank said Thursday.

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