Arkansas Business

Browse past and current articles from this publication.

Shadowlawn home.(Real Deals: A Look at Important Real Estate Transactions)
A 3,982-SF home in the Shadowlawn neighborhood of Little Rock drew a $565,000 sale. Robert W. Miller purchased the house from Anne Simpson and the J. Warren Simpson Revocable Trust. The deal is ba . . .

Estates sale.(Real Deals: A Look at Important Real Estate Transactions)
A 5,461-SF home in the Iron Horse Estates neighborhood of west Little Rock sold for $524,000. John and Shannon Chamberlin acquired the house from Michael and Toni Johnson. The deal is funded with . . .

Wortman mortgage.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)
Two Little Rock properties were used to secure a $4.59 million funding agreement. [ILLUSTRATION OMITTED] MSI Holding Co., led by Steve Wortman, obtained the loan from Centennial Bank of Conway. . . .

Distribution loan.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)
A Maumelle distribution center is backed with a $3.9 million mortgage. LR-Ark Property LLC, led by Edward and Steve Harmon and James Howell III, received the seven-year loan from Arvest Bank of Fa . . .

Office funding.(Brief article)
The owner of a 2.3-acre office development in west Little Rock picked up a $3.2 million financial package. HTES LLC, led by Blake Lazenby and Todd Hart, got two three-year loans of $2.7 million an . . .

Vet financing.(Brief article)
A west Little Rock veterinarian clinic is financed with an $885,730 mortgage. William and Melissa Hale obtained the five-year loan from Regions Bank. The 0.6-acre Briarwood Animal Hospital locatio . . .

Clean energy investment could boost economy.(ENERGY)(Brief article)
Several environmental and energy groups have released reports that detail what clean-energy and climate legislation moving through Congress could mean for the state. The new data show that a $1.3 . . .

Pew report: clean energy poised for growth in state.(clean-energy economy)(Brief article)
Jobs in Arkansas' clean-energy economy grew more than twice as fast as overall jobs between 1998 and 2007, according to The Pew Charitable Trusts in the most detailed look yet at this sector. Pew' . . .

Survey: state ranks no. 1 for petroleum investment.(Inside Business)
Arkansas ranks No. 1 for oil and gas investment, according to an international survey of petroleum executives and managers released by the Fraser Institute, an independent research organization in C . . .

Acxiom expecting to see lower first-quarter earnings.(Public Company Reports)(Financial report)
Acxiom Corp. said it expects earnings of between 3 cents and 7 cents a share and revenue of between $245 million and $255 million during the first quarter of its fiscal 2010. The projection, for t . . .

America's Car-Mart 4Q profit falls 15% but beats estimates.(Public Company Reports)(Financial report)
America's Car-Mart Inc. said fourth-quarter profit fell 15 percent to $5.1 million, or 43 cents a share, from $6 million, or 51 cents a share, during the same quarter last year. But the used car d . . .

Deltic Timber Corp.(Public Company Reports)
Deltic Timber Corp. declared a quarterly dividend of 7.5 cents a share, the same as it paid last quarter, to be paid Sept. 15 to stockholders of record as of Sept. 1. . . .

Wal-Mart Stores Inc. has opened a 36,000-SF Neighborhood Market store near the upscale District at Pinnacle Hills area of Rogers
[ILLUSTRATION OMITTED] Caption: Wal-Mart Stores Inc. has opened a 36,000-SF Neighborhood Market store near the upscale District at Pinnacle Hills area of Rogers. The store will be a testing ground . . .

Study: carbon-cutting must address coal plants.(Inside Business)
A recent study on coal plants and carbon emissions by the Massachusetts Institute of Technology finds there is "no credible pathway" toward stringent cuts in greenhouse gas emissions worldwide witho . . .

Kimberly-Clark to cut about 750 U.S. jobs.(ECONOMIC)
Kimberly-Clark Corp., the Dallas paper product manufacturer, said it will cut about 750 of its U.S. salaried employees by the end of the year. Kimberly-Clark, which has plants in Conway and Maumel . . .

Acxiom cuts salaries of employees in U.S.(TECHNOLOGY & COMPUTERS)
Acxiom Corp. told employees last week that it will be instituting pay cuts for its U.S. employees starting July 1. Employees making less than $35,000 will not receive a pay cut. Employees who earn . . .

State's banks see rise in loan-loss reserves.(NW JOURNAL: A Look at News From Northwest Arkansas)
In the first quarter of 2009, Arkansas banks collectively had a loan-loss reserve ratio of 1.65 percent, up from 1.60 percent in the first quarter of last year. Banks maintain a reserve adequate t . . .

Four UA business students win $85,000 in competitions.(University of Arkansas)(Brief article)
Four students at the Walton College of Business at the University of Arkansas have turned an idea for a test using women's tears to detect breast cancer into more than $85,000. Three of the studen . . .

CCIM 'fraternity' grows in Northwest Arkansas.(Certified Commercial Investment Members )(Brief article)
The more the merrier. That's the approach the growing number of Certified Commercial Investment Members in northwest Arkansas are taking. A CCIM is an expert in commercial and investment real es . . .

Jonesboro businessman files $34.4m bankruptcy.(Brief article)
A Jonesboro businessman has filed for Chapter 7 bankruptcy protection, listing $34.4 million in debts. Kenneth Leroy Burden, who owns several companies tied to real estate, filed for personal bank . . .

Blytheville College plans aviation program for 2010.(NE Journal: A Look at News From Northeast Arkansas)
Arkansas Northeastern College in Blytheville is starting an aviation maintenance program. The program, which is expected to start in the spring of 2010, still needs approval from the Federal Aviat . . .

Former superintendent of schools pleads guilty.(NE Journal: A Look at News From Northeast Arkansas)
A former Marmaduke School District superintendent has pleaded guilty in U.S. District Court to one count of wire fraud conspiracy. Jerry Don McIntosh, 63, who was superintendent from 1973 until No . . .

Darwin and Lisa Buehler, owners of Allegra Print & Imaging in Little Rock, have bought Fulton Press Inc.(Business Briefs)
Darwin and Lisa Buehler, owners of Allegra Print & Imaging in Little Rock, have bought Fulton Press Inc. and merged all services at Allegra's facility at 5610 W. 65th St. Seventeen additional staff . . .

Arkansas Heart Hospital of Little Rock is the only hospital in Arkansas to earn the Medical Partners International 2009 C.A.R.E.
Arkansas Heart Hospital of Little Rock is the only hospital in Arkansas to earn the Medical Partners International 2009 C.A.R.E.S. (Compassion, Attitude, Respect, Environment and Service) designatio . . .

Custom Printing Co. of North Little Rock (CustomXM) has been granted approval from the U.S. Patent & Trademark office for a new
Custom Printing Co. of North Little Rock (CustomXM) has been granted approval from the U.S. Patent & Trademark office for a new trademark under the name of GetNtheGame.com, a cross-media marketing t . . .

Paul Begala, a political analyst and former White House senior aide, will be the keynote speaker at the 2009 Democratic Party of
Paul Begala, a political analyst and former White House senior aide, will be the keynote speaker at the 2009 Democratic Party of Arkansas Jefferson-Jackson Dinner on July 24 at Alhel Arena in North . . .

St. Joseph's Mercy Health System.(Business Briefs)
St. Joseph's Mercy Health System at Hot Springs will soon make six properties available for sale-leaseback transactions. The properties include five St. Joseph's Mercy Clinic sites and the 221 McAul . . .

ClearPointe of Little Rock, a technology services company, has completed an SAS 70 Type II audit.(Business Briefs)
ClearPointe of Little Rock, a technology services company, has completed an SAS 70 Type II audit, a standard developed by the American Institute of Certified Public Accountants that demonstrates tha . . .

The first phase of homes at Vertical Modern Urban Lofts in Little Rock has been awarded LEED Platinum certification by the U.S.
The first phase of homes at Vertical Modern Urban Lofts in Little Rock has been awarded LEED Platinum certification by the U.S. Green Building Council for achievement in green homebuilding. Vertical . . .

DSW, a footwear retailer, will open July 30 at the Promenade at Chenal at Chenal Parkway and Rahling Road in west Little Rock.(B
DSW, a footwear retailer, will open July 30 at the Promenade at Chenal at Chenal Parkway and Rahling Road in west Little Rock. The 15,000-SF store will be the first DSW store in the state. DSW offer . . .

The Council for Accreditation in Occupational Hearing Conservation has scheduled certification or recertification training class
The Council for Accreditation in Occupational Hearing Conservation has scheduled certification or recertification training classes for those who administer hearing tests in occupational or clinical . . .

Bassett Law Firm LLP of Fayetteville recently won two awards from the Arkansas Committee for Employer Support of the Guard & Res
Bassett Law Firm LLP of Fayetteville recently won two awards from the Arkansas Committee for Employer Support of the Guard & Reserve. The firm received the Above and Beyond and the Pro Patria awards . . .

Central Arkansas Water will hold its first annual stakeholders meeting.(Business Briefs)
Central Arkansas Water will hold its first annual stakeholders meeting at 9:30 a.m. June 30 at the North Little Rock Chamber of Commerce Building at 100 Main St. For more information, call (501) 377 . . .

Two northwest Arkansas museums have received an Institute of Museum & Library Services grant.(Business Briefs)
Two northwest Arkansas museums have received an Institute of Museum & Library Services grant. Collections and artifacts at Shiloh Museum of Ozark History at Springdale and Crystal Bridges Museum of . . .

Wal-Mart Foundation.(Business Briefs)
Wal-Mart Foundation is donating more than $7.8 million to support summer feeding programs and U.S. food banks. . . .

Lions world services making changes while seeking CEO.(Nonprofits & Corporate Giving)
LIONS WORLD SERVICES FOR the Blind hopes to prevent a third consecutive annual deficit by attracting more trainees to its campus. The Little Rock nonprofit, which helps blind and partially blind p . . .

State's largest nonprofits start to see effects of recession.(Overview)
THE RECESSION'S TOLL ON THE assets of Arkansas' nonprofits is just beginning to become apparent. The current economic downturn, the worst in 70 years, officially began in December 2007, according . . .

Largest nonprofit organizations.(Nonprofits & Corporate Giving)
Largest Nonprofit Organizations Ranked by total assets Organization Address Phone, Fax Organization Web Site Type 1 Walto . . .

The Pantry.(New Businesses: A Listing of Business Start-Ups in Arkansas)
[ILLUSTRATION OMITTED] The Pantry Owner: Tomas Bohm Address: 11401 Rodney Parham, Little Rock Phone: (501) 353-1875 Hours: Mon.-Sat. 4 p.m.-1 a.m. Startup: April 15, 2009 Web site: htt . . .

Coffee.Org.(New Businesses: A Listing of Business Start-Ups in Arkansas)
Coffee.Org Owner: Bill and Jammie McClure Address: 6315 Old Harrison Lane, Building C, Fort Smith Phone: (800) 344-2739 Hours: 24-hour service Startup: January 2009 Web site: www.coffee. . . .

College Hunks Hauling Junk.(New Businesses: A Listing of Business Start-Ups in Arkansas)
College Hunks Hauling Junk Owner: Nolen Hughes Address: 10315 Pomegranate Ave., North Little Rock Phone: (501) 960-0162 Hours: 24-hour service Startup: June 29, 2009 Web site: www.1800ju . . .

Calendar.(Calendar)
JUNE * 30--Starting a Business in Arkansas Time: 1-4 p.m. Location: UALR, Reynolds Business Center, 2801 S. University Ave., Little Rock Fee: $30 For more information, call (501) 683-7700 . . .

Jay Clark and Morgan Manning of Wittenberg Delony & Davidson Architects of Little Rock have earned LEED professional accreditati
[ILLUSTRATION OMITTED] Jay Clark and Morgan Manning of Wittenberg Delony & Davidson Architects of Little Rock have earned LEED professional accreditation from the United States Green Building Coun . . .

Arkansas Tech University.(EDUCATION)
[ILLUSTRATION OMITTED] David Krueger has announced his retirement from Arkansas Tech University at the end of the 2009-10 academic year. Krueger has been an associate professor of history at Arkan . . .

University of Arkansas.(EDUCATION)
Collis Geren, dean of the Graduate School and vice provost for research at the University of Arkansas at Fayetteville, has announced his retirement. Geren has held these positions since 1991. He sta . . .

Arvest Bank.(FINANCIAL SERVICES)
[ILLUSTRATION OMITTED] Jim Ferguson has been hired as senior vice president in commercial lending for Arvest Bank's Bryant location, which serves Saline County. Ferguson has 39 years of experience . . .

First Security Bank.(FINANCIAL SERVICES)
Larry Nelson, chief executive officer of First Security Bank in Mountain Home, has announced his retirement. Nelson has worked for 37 years in the banking industry, and his retirement took effect on . . .

BancorpSouth.(FINANCIAL SERVICES)
[ILLUSTRATION OMITTED] Bill Thompson has joined BancorpSouth in Little Rock as vice president and officer. Thompson has worked in the trust industry for the past 40 years and began his career at U . . .

State Rep. Gene Shelby of Hot Springs and state Sen. Cecile Bledsoe of Rogers were honored as Legislators of the Year by the Ark
State Rep. Gene Shelby of Hot Springs and state Sen. Cecile Bledsoe of Rogers were honored as Legislators of the Year by the Arkansas Medical Society for their work on legislation that the society s . . .

North Arkansas Regional Medical Center.(HEALTH CARE)
[ILLUSTRATION OMITTED] Dr. Patricia L. Bell has joined the staff of the North Arkansas Regional Medical Center in Harrison. Bell previously practiced at Ferrell-Duncan in Springfield, Mo. She will . . .