Arkansas Business

Browse past and current articles from this publication.

Judge John C. Ward, a circuit judge since 1989, has been awarded the Distinguished Alumnus Award from Ouachita Baptist Universit
Judge John C. Ward, a circuit judge since 1989, has been awarded the Distinguished Alumnus Award from Ouachita Baptist University of Arkadelphia. The award was presented during the university's grad . . .

Arkansas Symphony Orchestra.(EDUCATION)
Lori Sloan, assistant professor of business at Harding University in Searcy, has been appointed vice chair for marketing by the Arkansas Symphony Orchestra, based in Little Rock. Sloan has been teac . . .

Bill Hardgrave, executive director of the radio frequency identification research center at the University of Arkansas at Fayett
Bill Hardgrave, executive director of the radio frequency identification research center at the University of Arkansas at Fayetteville, has received the Ted Williams Award from Aim Global, based out . . .

Tony Stankus, professor and life sciences librarian at the libraries of the University of Arkansas at Fayetteville, has been nam
Tony Stankus, professor and life sciences librarian at the libraries of the University of Arkansas at Fayetteville, has been named a fellow of the Special Libraries Association of Alexandria, Va. Th . . .

Tommy Richardson and Ross Mallioux received 25-year service awards for their careers at First Federal Bank of Harrison.(FINANCIA
[ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] Tommy Richardson and Ross Mallioux received 25-year service awards for their careers at First Federal Bank of Harrison. Richardson now serves as pre . . .

Federal Reserve Bank.(FINANCIAL SERVICES)
Dr. Paul K. Halverson, director and state health officer of the Arkansas Department of Health, has joined the Health Care Industry Council of the Federal Reserve Bank of St. Louis. Each council is b . . .

Daniel R. Cypert, chief deputy assessor with the Washington County Assessor's Office in Fayetteville, has earned the Residential
[ILLUSTRATION OMITTED] Daniel R. Cypert, chief deputy assessor with the Washington County Assessor's Office in Fayetteville, has earned the Residential Evaluation Specialist designation from the I . . .

Northwest Internal Medicine.(HEALTH CARE)
[ILLUSTRATION OMITTED] Dr. Lance L. Hamilton has joined the medical staff of Northwest Health System at Northwest Internal Medicine of Bentonville. Hamilton has been in practice since 1992. He com . . .

Sisters of Mercy Health System.(HEALTH CARE)
[ILLUSTRATION OMITTED] Lynne Mitchell has been hired by the Sisters of Mercy Health System as regional chief financial officer for the three Arkansas care divisions of St. Joseph's Mercy Health Sy . . .

Matt Dillman, Jillian Anthony, Marlene Chemin and Ed Macken have joined the staff of Pinnacle Country Club in Rogers.(SPORTS)
Matt Dillman, Jillian Anthony, Marlene Chemin and Ed Macken have joined the staff of Pinnacle Country Club in Rogers. Dillman and Anthony will serve as assistant golf professionals. Chemin will be a . . .

Stock summary.
Stock Summary 5/21/2009 Weekly YTD Arkansas Public Company Stocks Close Change Change Acxiom Corp. (ACXM) . . .

Public notice.(Legal Notices)
The Keep Arkansas Beautiful Commission is accepting proposals from interested applicants for review in evaluating the award of its Statewide Cleanups Coordinator services contract for the period Jul . . .

Wait a nano minute.(Brief article)
Lase Med founders, one of whom is Antonella Carpenter, claim they first developed the concept in 1989 and have performed the procedure since 2000, mostly out of the firm's former North Little Rock l . . .

Nano nuance.(Brief article)
A former official with the National Center for Toxicological Research at Jefferson, serving as an adviser on the joint UALR/UAMS research, dismissed Lase Med's accusations and noted that: * Lase M . . .

Pre-game rituals.(Outtakes: An Inside Look Into Arkansas Media)
It appears that University of Arkansas football games will broadcast on fewer Arkansas radio stations this fall than in years past. At least 19 fewer stations have signed up to carry the 2009 game . . .

Kiss me.(Outtakes: An Inside Look Into Arkansas Media)
When Arbitron Inc. released its winter 2009 radio ratings, an unfamiliar sight caught a few radio insiders off guard. The institution that is KSSN, 95.7FM, was not the most listened to station in . . .

Allen's prospects after 'Idol'.
[ILLUSTRATION OMITTED] THERE IS NO FORMULA FOR DETERMINING what an "American Idol" finalist might earn after the show ends. Conway native Kris Allen has developed a solid fan base during his tim . . .

Affiliated Foods' bankruptcy stings members of co-op; but some firms to benefit from demise of company.
CAROLYN WATSON OF MARSHALL, TEXAS, said she thought having part of her retirement with Affiliated Food Southwest Inc. of Little Rock was a safe investment. The wholesale food distribution cooperat . . .

Mortgage lending rebounds: new home purchases join strong refinancing demand.(OVERVIEW)
THE PAST 18 MONTHS hosted wild swings in the mortgage market as credit standards careened from one extreme to the other. The flight arced dramatically between too loose and too easy during the first . . .

D-Mac is back.(Whispers)
One of Arkansas' fastest exports--we're talking about a 4.2 in the 40--has replanted some roots in Arkansas. The University of Arkansas' beloved running back, Darren McFadden, now of the Oakland R . . .

Cash for Cauley.
Gene Cauley needs cash. That much is clear. As ArkansasBusiness.com reported on May 8, the Little Rock lawyer and real estate investor was called on the carpet by a federal judge in New York last . . .

Fog lifts.(Whispers)(Brief article)
Last fall, Arkansas Business agreed to Cauley's demand (accompanied by a threat of legal action) that we stop trying to contact him for interviews or comments on any stories. So we're on our own in . . .

Coco mountain.(Coco Mountain Ranch LLC)(Brief article)
Just before Cauley started selling off his HOMB stock, one of his many real estate ventures--Coco Mountain Ranch LLC--broke ground on the second phase of the Mountain Ranch multiuse project in west . . .

Second mortgage.(Whispers)
Bank of Little Rock Mortgage Corp. has taken on a second mortgage, but not in the way you might think. Bank of Little Rock Mortgage acquired Barron Mortgage of Fort Smith in a deal that amounted t . . .

Glasgow reward.(Brief article)
You may have heard that the reward for information in the case of John Glasgow, the CDI Contractors CFO who disappeared in January 2008, has been increased by $100,000. You may not have heard why. . . .

Health care.(Editorial)
FEW WOULD ARGUE THAT THE current health care system in the United States is working as well as we want. Tens of millions of Americans are uninsured, leaving the rest of us to pay for any care they d . . .

More on health care.(Letters)(Letter to the editor)
I read Jeff Hankins' Publisher's Note ("Health Care Reform Redux," May 4), and I agree with most of what he said. However, we should not overlook the concept of personal responsibility for our own w . . .

[Cartoon].(Editorial)
I'M STANDING ON A TRACTOR? I'M STANDING ON A CUSTOMER! [ILLUSTRATION OMITTED] . . .

Work-life balance.(Publisher's Note)
FOR THE LAST SEVEN YEARS, we have played an active role with the statewide awards event celebrating companies that are family-friendly and understand the value of helping employees balance work and . . .

Lance Turner (@LT) and Natalie Ghidotti (@ghidotti) hosted last week the first Little Rock "Tweetup," which pulled together user
Lance Turner (@LT) and Natalie Ghidotti (@ghidotti) hosted last week the first Little Rock "Tweetup," which pulled together users of the Twitter social media application. About 45 people gathered . . .

Finding lending equilibrium.
WHEN THE PENDULUM swings too far from equilibrium in any regulated industry, excess results. For years in the mortgage business, that meant too many people receiving loans they couldn't pay. The c . . .

The 152,000-SF Hewlett-Packard customer service and technical support center in Conway is moving toward completion in December.(
[ILLUSTRATION OMITTED] Caption: The 152,000-SF Hewlett-Packard customer service and technical support center in Conway is moving toward completion in December. The $18.2 million structure is at 35 . . .

Printing purchase.(Real Deals: A Look at Important Real Estate Transactions)
A North Little Rock printing property tipped the scales at $1.08 million. Leta Properties LLC, led by Stuart McGilvray, bought the Sherwood Printing project at 4601 E. 43rd St. The seller is WCK L . . .

Land acquisition.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)
An undeveloped 40-acre tract in North Little Rock changed hands in a $550,000 transaction. Country Club Development LLC, led by Jack Wilson, purchased the land on the north end of Counts Massie Ro . . .

Germay manor.(Real Deals: A Look at Important Real Estate Transactions)
A 5,564-SF home in the Germay Court neighborhood of west Little Rock's Chenal Valley development rang up an $875,000 sale. Rick and Betsy Eckardt acquired the house from K.R. and Martha Turner. Th . . .

Courts home.(Brief article)
A 4,950-SF home in The Courts neighborhood of west Little Rock's Chenal Valley neighborhood is under new ownership after a $585,000 deal. Chad and Lillian Cooper bought the house from Roger Coburn . . .

Heights teardown.(Brief article)
A 1,925-SF home in Litrtle Rock's Beverly Place neighborhood sold for $550,000. Beverly Trust, led by Noel and Joan Strauss, purchased the house from Jephrey Hubener. The teardown transaction is b . . .

Thrifty funding.(Brief article)
An auto project near Little Rock National Airport was used to help secure a $600 million funding agreement. DTG Operations Inc. of Tulsa obtained the financial package from Deutsche Bank Trust Co. . . .

Student housing.(Brief article)
Construction of a dormitory project in Little Rock is backed with a $2.5 million mortgage. Arkansas Baptist College received the 18-month loan from Regions Bank of Birmingham, Ala. The 0.27-acre s . . .

Branch construction.(Brief article)
An Arvest bank branch in Little Rock is in the works with a $1.2 million financial package. Pardo Properties LLC, led by Valentine and Susan Hansen, obtained the 20-year loan from Arvest Bank of F . . .

Rep financing.(Real Deals: A Look at Important Real Estate Transactions)
A downtown Little Rock property is securing a $1 million funding agreement. The Arkansas Repertory Theatre got the four-year loan from Twin City Bank. The 0.3-acre project at 601 Main St. previo . . .

Landmark refinance.(Real Deals: A Look at Important Real Estate Transactions)
The owners of a commercial project in southeast Little Rock landed a $920,000 financial package. Jerry and Wynelle Stephens obtained the three-year loan from Metropolitan National Bank. The 5.7- . . .

MD mortgage.(Brief article)
A small office building in the Hillcrest area of Little Rock is securing a $900,000 mortgage. Eye MD Realty LLC, led by Dr. Philip Deere III, received the one-year loan from BankcorpSouth Bank. . . .

Windstream to purchase D&E in $330m deal.(COMMUNICATIONS)
Windstream Corp. said it will buy D&E Communications Inc. of Ephrata, Pa., in a deal worth about $330 million. The acquisition nearly doubles Windstream's presence in Pennsylvania, adding about 16 . . .

Nanomanufacturing plant set to open at Springdale.(TECHNOLOGY & COMPUTERS)
Arkansas' first nanomanufacturing facility is set to open in Springdale. Duralor LLC, a producer of high-performance coatings and coating processes for cutting tools and machine-wear parts, said i . . .

DHS awards contract of $15.7m to NLR firm.(TECHNOLOGY & COMPUTERS)(Brief article)
Biotechnical Services Inc. of North Little Rock, a contract research firm that serves the biomedical sciences, has been awarded a $15.73 million contract by the Department of Health & Human Services . . .

Innovate Arkansas offers startups incubator space.(TECHNOLOGY & COMPUTERS)
Innovate Arkansas is making available more than 4,000 SF of incubator space to IA clients. The space will include offices, conference rooms, a break area, phone lines, a projector, wireless/wired . . .

Crain plans to block Chrysler over closure.(AUTO)
Chrysler LLC plans to close 789 dealerships, including eight in Arkansas, according to documents filed in connection with the troubled automaker's bankruptcy. Two Little Rock dealerships are set t . . .

Wal-Mart's 1Q earnings flat, but meet analysts' forecasts.(Public Company Reports)
Wal-Mart Stores Inc. reported first-quarter net income of $3.02 billion, or 77 cents a share. While that was flat from a year ago, it was in line with its guidance and analyst estimates. Net sales . . .

Acxiom Corp. turns profit for 4th quarter, fiscal '08.(Public Company Reports)(Financial report)
Acxiom Corp. reported fourth-quarter earnings of $22.45 million, or 29 cents a share, compared with a loss of $58.28 million, or 76 cents a share, for the final period of 2008. Analysts' had expec . . .