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David Smith

Stories by David

Up 11.9%, Simmons tops list as highest-performing stock

posted: 04/01/2015 2:12 a.m. Discuss

Simmons First National's stock had the best performance of Arkansas' largest public companies in the first quarter, gaining 11.9 percent over the past three months.

Banks in Northwest Arkansas slowly recovering, expert says

posted: 03/29/2015 3 a.m. Discuss

Northwest Arkansas banks are slowly recovering from the recession and effects from it that hurt the area's economy, said a vice president with the Federal Reserve Bank of St. Louis.

Health of banks in state swelling

posted: 03/29/2015 2:01 a.m. Discuss

The financial condition of the 109 banks based in Arkansas has improved significantly in the past two years, said Candace Franks, commissioner of the Arkansas State Bank Department.

State jobless rate edges down to 5.5%

posted: 03/28/2015 1:59 a.m. Discuss

Arkansas' unemployment rate continued a slow decline in February, dropping to 5.5 percent from 5.6 percent in January, the U.S. Bureau of Labor Statistics said Friday.

Official: '20 goals weighed by EPA

posted: 03/28/2015 1:58 a.m. Discuss

The federal Environmental Protection Agency is considering softening its stance on the timeline for states to meet early guidelines of the Clean Power Plan, Colette Honorable, a commissioner with the Federal Energy Regulatory Commission, said Friday.

Governor touts amendments as boost

posted: 03/27/2015 1:50 a.m. Discuss

Gov. Asa Hutchinson is pushing for two amendments to the state's constitution that have economic development implications, he said Thursday at a luncheon for the state's economic development foundation.

Power grid operators work on payment deal

posted: 03/25/2015 2:24 a.m. Discuss

Two multistate electricity grid operators with facilities in Little Rock are trying to negotiate a compromise over payments for moving power over their transmission systems.

State's jobless rate slips in January

posted: 03/18/2015 2:15 a.m. Discuss

Arkansas' unemployment rate in January dipped to 5.6 percent from 5.7 percent in December, the U.S. Bureau of Labor Statistics said Tuesday.

Orbea to unify centers in NLR

posted: 03/14/2015 1:47 a.m. Discuss

International bicycle manufacturer Orbea, whose U.S. operation, Orbea USA, is based in Little Rock, plans to consolidate its West Coast and East Coast distribution centers into one location in North Little Rock.

State home sales rise by 5.1% in January

posted: 03/11/2015 2:19 a.m. Discuss

Home sales in Arkansas rose 5.1 percent in January compared with January last year, the Arkansas Realtors Association said Tuesday.

Helena's renewal becomes tangible after years of work

posted: 03/01/2015 2:15 a.m. Discuss

HELENA-WEST HELENA -- For more than 11 years, Southern Bancorp has spent millions of dollars to revitalize Helena-West Helena.

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.

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