News in brief

Chenal 9 cinema set to refresh, be AMC

The Chenal 9 Theatres at the Promenade on Chenal will close Monday to undergo renovations and reopen in mid-July as AMC, the west Little Rock shopping center announced.

The theater, which has eight screens and the state's only IMAX, has been a fixture at the Promenade on Chenal since the shopping center opened in 2008. The theater has wall-to-wall screens, rocking chairs, stadium seating and digital surround sound. The IMAX theater has a 66-by-85-foot screen with 3-D capacity.

Chenal 9 opened as part of the Dickinson Theatres chain of Overland Park, Kan. Dickinson was acquired by B&B Theatres of Gladstone, Mo., in 2014.

AMC has 208 locations in the United States including theaters in six Arkansas cities: Batesville, Bella Vista, Fayetteville, Fort Smith, Harrison and Hot Springs.

Renovations are expected to continue once the theater reopens in July and won't be completed until later this year, the Promenade on Chenal said in a news release.

-- Noel Oman

Stuttgart adviser atop Barron's list

Allen Homra, a financial adviser with Edward Jones in Stuttgart, was ranked the best adviser in Arkansas for 2017 by Barron's magazine.

Homra, 53, told the magazine he believes in taking a long-term approach for his clients. His typical account has $700,000 and his clients' typical net worth is $800,000.

Joseph Small of Ameriprise Financial in Little Rock ranked second on the list, followed by Don McDonald of Merrill Lynch Wealth Management in Fort Smith; Hardy Winburn of UBS Financial Services in Little Rock; Roy Gutierrez of UBS Financial Services in Little Rock; and John Engskov of Merrill Lynch Wealth Management in Little Rock.

Barron's top-1,200 list is based on assets under management, revenue and quality of practices. Because not all advisers have audited results, investment performance isn't an explicit component of the rankings.

-- David Smith

10 issues rise, 8 fall as index slips 0.02

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 0.02 to 328.04 on Friday.

Ten stocks advanced and eight declined.

Windstream shares rose 2.3 percent in light trading.

For the week, 14 stocks rose and four declined.

P.A.M. Transportation rose 4.7 percent for the week.

Murphy Oil fell 4.9 percent for the week.

Total volume for the index was 21.2 million shares. The average daily volume for the week was 23.3 million shares.

The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business on 06/03/2017

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