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David Smith

Stories by David

State home sales post October best, up 8.5%

posted: 12/12/2017 1:55 a.m. Discuss

Home sales in Arkansas rose 8.5 percent in October compared with October last year, the Arkansas Realtors Association said.

REAL ESTATE TRANSACTIONS: Firm buys former Little Rock restaurant site for $980,000

updated: 11/20/2017 4:30 a.m. Comment 1

A Boynton Beach, Fla., limited liability company, Rappaport Properties LLC, paid $980,000 last month for a building on Baseline Road in Little Rock that housed a restaurant.

Arkansas' out-of-job rate rises to 3.6%; analyst notes lag in work seekers

posted: 11/18/2017 4:30 a.m. Comments 3

Arkansas' unemployment rate rose slightly to 3.6 percent in October from 3.5 percent in September, the U.S. Bureau of Labor Statistics said Friday.

In Little Rock talks, author of 'Catch Me If You Can,' two business leaders warn of online trickery

posted: 11/15/2017 4:30 a.m. Comment 1

Online fraud can devastate a business or a consumer, three experts on fighting fraud said Tuesday.

REAL ESTATE TRANSACTIONS: 22-acre Coca-Cola bottling complex in Little Rock changes hands for $11M

updated: 11/13/2017 4:30 a.m. Comments 2

A limited liability company based in Charlotte, N.C., paid almost $11 million for the Coca-Cola Bottling Co.’s three buildings on 22 acres in Little Rock last month.

Little Rock's Windstream logs 3Q loss of $101M

posted: 11/10/2017 4:30 a.m. Discuss

Windstream lost $101.5 million in the third quarter, a 55 percent deepening from a loss of $66.2 million in the same period last year, the Little Rock firm said Thursday.

Entergy seeks 3.75% bump in state's rate

posted: 11/09/2017 4:30 a.m. Comment 1

Electric rates for Entergy Arkansas residential customers will rise 3.75 percent next year if approved next month by the Arkansas Public Service Commission.

Firm to acquire central Arkansas software company

posted: 11/08/2017 5:06 p.m. Discuss

Thoma Bravo, a private equity investment firm based in San Francisco, will acquire Sherwood-based ABC Financial Services, a software firm serving more than 6,700 health clubs, both firms said Wednesday.

REAL ESTATE TRANSACTIONS: Company buys Little Rock Bass Pro store in $21.9 million deal; 'no changes' expected, official says

updated: 11/06/2017 4:30 a.m. Discuss

SPT Prairie 1 BP Drive LLC, a Connecticut limited liability company, paid $21.9 million to buy the Bass Pro Outdoor World retail store and almost 15 adjacent acres at Little Rock's Gateway Town Center.

Little Rock-based Uniti Group's 3Q loss at $4.1M

posted: 11/03/2017 4:30 a.m. Discuss

Uniti Group Inc. lost $4.1 million in the third quarter, which ended Sept. 30, the Little Rock-based firm said Thursday.

Acxiom logs loss of $3.3M for 2Q

posted: 11/02/2017 2:12 a.m. Comment 1

Acxiom Corp. lost $3.3 million in its fiscal second quarter that ended Sept. 30, down from net income of $7.1 million in the same period last year, the Little Rock data marketing firm said Wednesday.

Arkansas' 3 gas utilities set to raise winter heat rates

posted: 11/01/2017 4:30 a.m. Comments 5

Arkansas' natural-gas utilities will raise their rates 1.97 percent to 8.73 percent because of an increase in the costs to acquire natural gas, spokesmen from the companies said Tuesday. The three companies -- CenterPoint Energy, Black Hills Energy and Arkansas Oklahoma Gas -- are required to file their winter rates each year by Oct. 31 with the Arkansas Public Service Commission. The rates take effect today and end March 31.

Acxiom to release 2Q earnings in call

posted: 11/01/2017 2:02 a.m. Comment 1

Acxiom Corp. will release its fiscal second-quarter earnings today after the financial markets close.

Month's home sales up in state

posted: 10/31/2017 2:03 a.m. Discuss

Arkansas home sales were up only slightly in September, according to the Arkansas Realtors Association.

Top banks say they're always on the lookout

posted: 10/29/2017 1:55 a.m. Discuss

Arkansas' three largest publicly traded banks still are considering future acquisitions while they focus on integrating recent purchases.

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