Arkansas Business

Browse past and current articles from this publication.

Nano conflict.(University of Arkansas for Medical Sciences )(Brief article)
Last week's unveiling of collaborative research by scientists at UALR and UAMS representing a potential breakthrough in cancer research may not be quite so groundbreaking. That's the assessment of . . .

Credit cards.(The Credit Card Accountability, Responsibility & Disclosure Act )(Editorial)
CONGRESS HAS NOW BLESSED us with credit card reform. With so much consumer anger directed at the $960 billion credit card industry, it was certainly an easy and popular move by lawmakers. The Cred . . .

Changing times.(Editorial)(Brief article)
THE LOSS OF AUTO DEALERS throughout the state, some of them shutting down voluntarily and others not, may be just one more sign of the recession, but it's likely to affect towns in more ways than mo . . .

True confessions.(Editorial)
CONFESSION, THEY SAY, IS good for the soul. And lately it even seems to be fashionable. Edmund Andrews, an economics reporter for The New York Times, has been the man of the hour since an excerpt fr . . .

The new consumer mindset.(On Marketing)(Conference news)(Viewpoint essay)
CONSUMERS' PRIORITIES, CONFIDENCE and behavior have all been on a rollercoaster--OK, mostly just a downhill roll--since 2008. Marketers, investors, legislators and others are all trying to predict . . .

The $7.5 million Honors Hall on the Arkansas State University campus in Jonesboro should be completed in July.(Real Deals: A Loo
[ILLUSTRATION OMITTED] Caption: The $7.5 million Honors Hall on the Arkansas State University campus in Jonesboro should be completed in July. The 53,300-SF project has accommodations for 125 stud . . .

Farm transaction.(Real Deals: A Look at Important Real Estate Transactions)
Nearly 1,900 acres of farmland in southeast Pulaski County helped tip the scales at $4.5 million. SS Family Farm LLC, led by Stephanie Smith, bought the property, south of Bredlow Corner between L . . .

Hospital expansion.(Real Deals: A Look at Important Real Estate Transactions)
A 4,100-SF office project in Little Rock changed hands in a $790,000 deal. Arkansas Children's Hospital purchased the 808 Martin Luther King Jr. Drive property from the Arkansas School Boards Asso . . .

Downtown NLR.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)
A piece of downtown North Little Rock rang up a $287,000 transaction. Argentco LLC, led by John Gaudin, acquired the 512 Main St. project and adjoining land. The seller is Perroni Development LLC, . . .

Downtown LR.
A piece of downtown Little Rock drew a $260,000 sale. 7th Street Tattoo Inc., led by Robert Berry Jr., bought the 814 W. Seventh St. property. The seller is Whitmeg Enterprises LLC, led by Mike an . . .

Courts home.(Real Deals: A Look at Important Real Estate Transactions)
A 4,300-SF home in The Courts neighborhood of west Little Rock's Chenal Valley development is under new ownership after a $512,000 deal. Sok Heyaime purchased the house from Billy Hartness Constru . . .

Maumelle mortgages.(Brief article)
A mental health project in Maumelle is securing a $3.8 million funding agreement. United Methodist Behavioral Health System Inc., led by William Altom, obtained a 25-year loan of $2.9 million from . . .

Office financing.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)
The owner of a west Little Rock office property picked up an $885,000 mortgage. 12814 Cantrell Road LLC, led by Sharon Adkins, received the three-year loan from Centennial Bank of Little Rock. T . . .

Church loan.(Real Deals: A Look at Important Real Estate Transactions)
A west Little Rock congregation landed an $800,000 financial package. Winfield United Methodist Church got the three-year loan from Little Rock's Bank of the Ozarks. The 4-acre development at 20 . . .

Motel funding.(Real Deals: A Look at Important Real Estate Transactions)
A North Little Rock motel project is backed with a $680,000 funding agreement. Sarina Lodging LLC, led by Sanjay Patel, secured the 20-year loan from Six Bridges Capital Corp. of Little Rock. Th . . .

Townhome note.(Real Deals: A Look at Important Real Estate Transactions)
Townhome construction in Maumelle is in motion with a $651,200 mortgage. Lifestyle Communities LLC, led by Tony Meredith, picked up the one-year loan from One Bank & Trust of Little Rock. The 19 . . .

Residential construction.(Real Deals: A Look at Important Real Estate Transactions)
The owners of a 10-acre residential tract in southeast Little Rock obtained a $545,992 financial package. Gregory and Tojuanna Mays received the one-year loan from Metropolitan National Bank. Th . . .

Chandler refinancing.(Real Deals: A Look at Important Real Estate Transactions)
Commercial property in downtown North Little Rock was refinanced with a $534,185 note. J. Chandler & Co., led by John Chandler, landed the five-year loan from Pulaski Bank & Trust of Little Rock. . . .

Arkansas researchers unveil cancer treatment.(HEALTH CARE)
Scientists at the University of Arkansas at Little Rock and the University of Arkansas for Medical Sciences haven't cured cancer, but they unveiled research last week they believe will make cancer t . . .

Feds investigating hospice; false claims are alleged.(LEGAL)
The U.S. Attorney's Office in Little Rock is investigating Hospice Home Care Inc. of Little Rock concern ing civil allegations of at least $1.6 million in false claims submitted to Medicare. The c . . .

Cauley guilty plea set for June 1 in New York.(Inside Business)
Little Rock attorney S. Gene Cauley is scheduled to plead guilty to two felony counts in federal court in New York on the afternoon of June 1, according to a document filed with the Arkansas Supreme . . .

Arkansas cities hope to get new air service.(TRANSPORTATION)
Four Arkansas cities that have been without air service for more than a year have received news that their status may be changing. The U.S. Department of Transportation says it has received propos . . .

DAC Technologies reports first-quarter profit up 339%.(Financial report)(Brief article)
DAC Technologies Group International Inc. of Fort Lauderdale, Fla., said its first-quarter profit rose 339 percent, with net income reaching $184,299 from $41,974 during the same quarter last year. . . .

WellQuest posts 1Q loss of $100,000; revenue rises.(WellQuest Medical & Wellness Corp.)(Financial report)(Brief article)
WellQuest Medical & Wellness Corp. of Bentonville (OTCBB: WEQL) lost $100,504, or four-tenths of a penny a share, in the first quarter, corn pared with net income of $35,500, or one-tenth of a penny . . .

Dillard's Inc.(Public Company Reports)
Dillard's Inc. declared a cash dividend of 4 cents a share on the Class A and Class B common stock, unchanged from the previous quarter, payable Aug. 3 to shareholders of record as of June 30. . . .

CognitiveData of LR purchased by Merkle.(TECHNOLOGY & COMPUTERS)
Merkle Inc., one of the nation's largest and fastest-growing database marketing agencies, has bought CognitiveData Inc. of Little Rock, a marketing technology company. As part of the deal, Cogniti . . .

Dillard's NY investors sell most of holdings.(RETAIL)
Dillard's Inc. shareholders re-elected the four directors installed last year to avoid a proxy fight with activist investors at its annual shareholders' meeting on May 16. Curiously, those investm . . .

Recession hurts travel at airports in Arkansas.(Inside Business)
The recession is continuing to cut into air travel, according to the Air Transport Association of America. There was an 11.3 percent drop in passengers traveling from Little Rock National Airport . . .

Green building demand to soar, architect says.(NW Journal: A Look at News From Northwest Arkansas)
The demand for sustainable design and green building is expected to increase dramatically by 2010. Shane Fernandez, corporate director of architecture for Crafton Tull Sparks, said about $12 billi . . .

Latino finance pros start chapter of National Group.(NW Journal: A Look at News From Northwest Arkansas)
The Association of Latino Professionals in Finance & Accounting has announced the establishment of a new chapter. The northwest Arkansas chapter is ALPFA's 36th chapter in the United States and wi . . .

Area chapter of PR Society announces Apex Awards.(NW Journal: A Look at News From Northwest Arkansas)
Kathy Deck, executive director of the Center for Business & Economic Research at the University of Arkansas, was named Communicator of the Year for 2008 by the Northwest Arkansas chapter of the Publ . . .

Safety-Kleen Systems Inc.(Business Briefs)
Safety-Kleen Systems Inc. of Piano, Texas, has opened a 4,000-SF Springdale branch office and warehouse storage facility to support customers in northwest Arkansas, Fort Smith and southern Missouri. . . .

Department of Workforce Services.(Business Briefs)
The deadline for filing for disaster unemployment assistance in three counties is May 29. It is for people who lost jobs because of the severe storms and tornadoes that began on April 9 in Miller, P . . .

Sam's Club.(Business Briefs)
Sam's Club is simplifying its membership requirements for small-business owners by eliminating more than a dozen required documents, including permits and licenses, formerly needed to join. Under th . . .

Northern Arkansas Telephone Co. of Flippin has broken ground on a multimillion-dollar fiber optics construction project at Bull
Northern Arkansas Telephone Co. of Flippin has broken ground on a multimillion-dollar fiber optics construction project at Bull Shoals. The project was awarded to Klaasmeyer Construction of Conway. . . .

Judge Susan Webber Wright of the U.S. District Court for the Eastern District of Arkansas has been selected to join the Foreign
Judge Susan Webber Wright of the U.S. District Court for the Eastern District of Arkansas has been selected to join the Foreign Intelligence Surveillance Court. She will serve a seven-year term on t . . .

ABF Freight System Inc.(Business Briefs)
ABF Freight System Inc. service centers in Spokane and Tacoma, Wash.; Amarillo, Texas; and Albuquerque, N.M., are the 2009 winners of the President's Quality Award, which is the highest honor the co . . .

Arkansas Lottery Commission.(Business Briefs)
The Arkansas Lottery Commission has launched a Web site, http://lotterycommission.arkansas.gov/. The site contains biographical information about the nine commissioners, meeting information and a li . . .

Arkansas homeowners, businesses and renters who have registered for state and Federal Emergency Management Agency disaster assis
Arkansas homeowners, businesses and renters who have registered for state and Federal Emergency Management Agency disaster assistance are encouraged to complete and return their U.S. Small Business . . .

The Challenge Healthcare Seminar will be held June 10 at the Statehouse Convention Center in Little Rock.(Business Briefs)
The Challenge Healthcare Seminar will be held June 10 at the Statehouse Convention Center in Little Rock. Dr. Carl Couch, senior consultant for clinical excellence and medical director for HealthTex . . .

Dr. I. Dodd Wilson, chancellor of the University of Arkansas for Medical Sciences, has been named the 2009 Business & Profession
Dr. I. Dodd Wilson, chancellor of the University of Arkansas for Medical Sciences, has been named the 2009 Business & Professional Leader of the Year by the Rotary Club of Little Rock. Wilson, who i . . .

Arkansas Tea Party.(Business Briefs)
The Arkansas Tea Party will hold a "Rally on the River" from 5:30-8:30 p.m. on June 15 at the Riverfront Amphitheater in conjunction with the state of Arkansas' 173rd Birthday and Flag Day, which is . . .

Calendar.(Calendar)
MAY * 26--Arkansas Procurement Assistance Center on the Road, Harrison Time: 10 a.m.-3 p.m. Location: Community First Bank, 220 E. Ridge, Harrison Fee: Free For more information, call (501 . . .

Commodity prices spur Bruce Oakley revenue growth.(75 Largest Private Companies)(Financial report)
IT'S NOT UNCOMMON FOR A small company to double its revenue in one year. It's a bit tougher feat for a $500 million company. Bruce Oakley Inc. of Little Rock managed to increase its fiscal 2008 re . . .

Harps food grows amid market turmoil.(75 Largest Private Companies)
[ILLUSTRATION OMITTED] DESPITE THE TUMULTUOUS economy, one of Arkansas private companies is on a growth path that has it gobbling up stores and erecting new buildings. Harps Food Stores Inc. of . . .

Largest 75 private companies.(Directory)
Largest 75 Private Companies Ranked by 2008 revenue of Arkansas-based, Arkansas-owned private companies 2008 Revenue Company . . .

John Allison, president of Allison Architects Inc. of Little Rock and Fayetteville, and Katie Kummer, an associate at the firm,
[ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] John Allison, president of Allison Architects Inc. of Little Rock and Fayetteville, and Katie Kummer, an associate at the firm, have received the Le . . .

Arkadelphia Regional Economic Development Alliance.(BUSINESS SERVICES)
Shawnie Carrier has been promoted to executive director of the Arkadelphia Regional Economic Development Alliance. Carrier previously was the director of economic development and existing industry p . . .

Aubra Anthony Jr., president and CEO of Anthony Forest Products Co. of El Dorado, has received the Mulrooney Award from the Nort
[ILLUSTRATION OMITTED] Aubra Anthony Jr., president and CEO of Anthony Forest Products Co. of El Dorado, has received the Mulrooney Award from the North American Wholesale Lumber Association of Ro . . .

University of Arkansas.(EDUCATION)
Rachel Neeley has been named director of annual programs in the office of university development at the University of Arkansas at Fayetteville. Neeley was promoted from her previous position as the . . .