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David Smith

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Home BancShares' 3Q strays

posted: 10/20/2017 2:04 a.m. Discuss

It took one of the most powerful hurricanes in history to do it, but Home BancShares' streak of 25 straight quarters of record earnings ended Thursday.

Wal-Mart exec who made $244M in 2016 is highest-paid in Arkansas

updated: 10/16/2017 4:30 a.m. Comments 9

Marc Lore, the founder and former chief executive officer of Jet.com, which Wal-Mart Stores Inc. acquired a year ago, is by far the highest-paid executive among Arkansas' largest public companies.

REAL ESTATE TRANSACTIONS: Splash Car Wash, Jiffy Lube in Little Rock sold for $2.8M; apartments bought in $1.7M deal

posted: 10/15/2017 4:30 a.m. Discuss

SCF RC Funding IV LLC, a New Jersey limited liability company, bought a Splash Car Wash and a Jiffy Lube at 9500 Rodney Parham Road in Little Rock for $2.8 million last month.

Little Rock lender logs record quarter; Bank of Ozarks’ income hits $96M, up 26% from last year

posted: 10/12/2017 4:30 a.m. Discuss

Bank of the Ozarks had record net income of $96 million in the third quarter, a 26 percent increase over the same period last year, the Little Rock bank said Wednesday.

Auto-parts warehouse, apartments, truck center among area sales

posted: 10/08/2017 1:53 a.m. Discuss

River Mountain Investments LLC, a Little Rock limited liability company, paid $3.6 million last month for the building and property where a North Little Rock O’Reilly Auto Parts distribution center sits.

Arvest's deposits at $8.5B in state

posted: 10/04/2017 2:04 a.m. Discuss

Arvest Bank of Fayetteville has the most deposits of any bank in Arkansas, the Federal Deposit Insurance Corp. said Tuesday.

Arkansas home sales in August top 3,400

posted: 10/03/2017 4:30 a.m. Discuss

More than 3,400 homes were sold in Arkansas in August, the highest total for August since 2006, the Arkansas Realtors Association said Monday.

REAL ESTATE TRANSACTIONS: $1.2M sale of land in central Arkansas for steakhouse finalized

updated: 10/02/2017 4:30 a.m. Comments 2

National Retail Properties closed on the purchase of 1.4 acres of undeveloped property on Warden Road in Sherwood last month, the site of a future Saltgrass Steak House.

2 state banks stand up well in hurricanes

posted: 10/01/2017 2:08 a.m. Discuss

Two of Arkansas' largest banks -- Bank of the Ozarks and Home BancShares -- recently had branches in the paths of two hurricanes that were among the most powerful in U.S. history, but neither institution suffered significant damage, company officers said recently.

Arkansas trucking companies performing well in stocks

posted: 09/30/2017 2:07 a.m. Discuss

The four major trucking companies in Arkansas posted the best third-quarter stock performances compared with the rest of the state's publicly traded businesses.

REAL ESTATE TRANSACTIONS: Three restaurant deals part of latest Pulaski County transactions

updated: 09/25/2017 4:30 a.m. Discuss

LEKS LLC, a limited liability company based in Cerritos, Calif., paid $1.14 million last month to acquire the building and property of a Burger King on Maumelle Boulevard near a North Little Rock Wal-Mart Supercenter.

REAL ESTATE TRANSACTIONS: North Little Rock motel sold for $3.5M; 3 Cantrell Road properties draw $815,000

posted: 09/17/2017 4:30 a.m. Discuss

OM Purshantam LLC, a limited liability company, bought the Motel 6 at 4100 E. McCain Blvd. in North Little Rock last month for about $3.5 million.

State's jobless rate up 0.1% in August

posted: 09/16/2017 1:52 a.m. Discuss

Arkansas' unemployment rate rose one-tenth of a percentage point to 3.5 percent in August, the U.S. Bureau of Labor Statistics said Friday.

CARTI bonds' ratings reduced

posted: 09/16/2017 1:51 a.m. Discuss

Fitch Ratings, an international bond rating service, has downgraded the rating on revenue bonds for CARTI, which offers outpatient cancer treatment in Arkansas.

Experts: Amazon headquarters try good for Little Rock

posted: 09/13/2017 4:30 a.m. Comments 5

Little Rock's attempt to land Amazon's second headquarters will be good experience for the city, two Arkansas economists said Tuesday.

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