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David Smith

Stories by David

Home sales rise by 4.3% in state

posted: 02/05/2016 5:45 a.m. Discuss

Home sales in Arkansas rose 4.3 percent in November compared with November 2014, the Arkansas Realtors Association said Thursday.

Little Rock-area vacancy rate dips to 7.8%

posted: 02/02/2016 5:45 a.m. Discuss

Apartment vacancies fell to 7.8 percent in the Little Rock area in the third quarter of 2015 from 8.1 percent in the second quarter, said The Multifamily Group, a firm that tracks the Pulaski County apartment market.

Business assets easier to sell with tax change

posted: 01/31/2016 1:50 a.m. Discuss

Owners of S corporations don't have to wait as long to fully benefit from the sale of their businesses, based on recent changes in the federal tax code.

Texas' Movie Tavern to build Little Rock theater

posted: 01/28/2016 5:45 a.m. Discuss

Movie Tavern of Fort Worth, a movie theater/restaurant chain, plans to build a multiple-screen theater at the Gateway Town Center in Little Rock, said Colliers International of Arkansas, a commercial real estate firm that is brokering the deal.

Jobless rate for Arkansas drops to 4.8%

posted: 01/27/2016 5:45 a.m. Comments 5

Arkansas' unemployment rate dipped to 4.8 percent in December, the lowest since April 2001, the U.S. Bureau of Labor Statistics said Tuesday.

Baptist Health to insure in-house

posted: 01/27/2016 2:04 a.m. Discuss

Baptist Health of Little Rock, which owns eight hospitals in Arkansas, has created the first captive insurance company in the state, the state Insurance Department said Tuesday.

Simmons' earnings up nearly 90% in 4Q

posted: 01/22/2016 4 a.m. Discuss

Pine Bluff-based Simmons First National Corp. earned $23.8 million in the fourth quarter last year, an almost 90 percent increase over the $12.6 million it made in the same period of 2014, the bank said Thursday.

Home BancShares' gains surge 25% in 4Q

posted: 01/22/2016 1:47 a.m. Discuss

Home BancShares, which owns Centennial Bank, earned a record $37.4 million in the fourth quarter, a 25 percent jump from the same period in 2014, the Conway-based bank said Thursday.

Photos' sale OK, sides in suit told

posted: 01/21/2016 5:45 a.m. Discuss

Pulaski County Circuit Judge Chris Piazza ruled Wednesday that the receiver in cases involving former photo archivist John Rogers can pursue the sale of a collection of about 7,500 sports photos.

Utility panel probes Entergy rate bid

posted: 01/20/2016 5:45 a.m. Comment 1

Commissioners with the Arkansas Public Service Commission raised dozens of questions Tuesday about the return on equity allowed for Entergy Arkansas in its case to raise rates.

PSC to take up rate rise settled on for Entergy

posted: 01/17/2016 1:54 a.m. Comments 2

Entergy Arkansas has reached a settlement with parties in its request for a rate increase, but the agreement still must be approved by the Public Service Commission.

4Q a best for Bank of Ozarks

posted: 01/15/2016 5:45 a.m. Discuss

Bank of the Ozarks earned a record $51.5 million in the fourth quarter of last year, the Little Rock bank said Thursday.

Bank of Ozarks sets Little Rock headquarters site

posted: 01/13/2016 5:45 a.m. Comment 1

Bank of the Ozarks has agreed to buy about 44 acres at The Ranch on Arkansas 10 in west Little Rock to build a new headquarters.

LR firm tops list in bonds dealings

posted: 01/10/2016 1:51 a.m. Discuss

Crews & Associates Inc. of Little Rock was the leading municipal bond underwriter in Arkansas last year, according to statistics from Thomson Reuters.

I-30-corridor revamp tops Metroplan's 2016 preview

posted: 01/05/2016 5:45 a.m. Discuss

The biggest economic story in central Arkansas this year is likely to be the rebuilding and widening of the Interstate 30 corridor through downtown Little Rock and North Little Rock, according to an annual economic review and outlook of trends in the area.

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