Business News

The board of directors and shareholders of Legacy National Bank officially announced its new Pinnacle Banking Center with a groundbreaking ceremony Friday, April 18 at the new Rogers building site.

Fri, 04/18/2014 - 11:49am

Arkansas’ March jobless rate of 6.9% ends 61 consecutive months that the rate was at or above 7%, and the drop was helped by significant year-over-year job gains in the state’s tourism industry, the retail sector and the education and health services sector.

Fri, 04/18/2014 - 11:42am

Mercy Northwest Arkansas is again expanding the reach of its specialties announcing its integration with Ozark Orthopaedics of Rogers. Mercy said this integration is another piece of its plan to create a patient centered health care model. The six Roger’s orthopedists: Dr. Cody Grammer, Dr.

Fri, 04/18/2014 - 12:11am

Home BancShares Inc., parent company of Centennial Bank, announced late Thursday (April 17) plans to acquire Florida Traditions Bank. The two institutions have entered into a non-binding letter of intent that will merge the Florida bank into Centennial.

Thu, 04/17/2014 - 8:14pm

A “Healthy” Discussion was the focus of The 5th Annual The Compass Conference on Thursday (April 17) at Mercy Fort Smith.

Thu, 04/17/2014 - 5:48pm

The clock is ticking for Wal-Mart suppliers from soap manufacturers to lipstick and consumers packaged goods (CPG) companies to ensure the goods they sell to the retail giant contain certified sustainable palm oil (CSPO) by 2015.

Thu, 04/17/2014 - 5:19pm

BioBotic Solutions, an undergraduate business plan competition team at the University of Arkansas, beat more than two dozen teams from across the United States to take the $25,000 grand prize at the Richards Barrentine Values and Ventures Business Plan Competition.

Thu, 04/17/2014 - 4:23pm

Continued gains in employment and sales tax collections helped the Northwest Arkansas economy finish 2013 with a strong fourth quarter, according to The Compass Report.

Thu, 04/17/2014 - 4:05pm

The Compass Report for the fourth quarter of 2013 shows that small but broad based gains in key metrics has resulted in the Fort Smith regional economy finishing out 2013 with two consecutive positive quarters.

Thu, 04/17/2014 - 3:58pm

Home Bancshares, parent company of Centennial Bank, reported a record first quarter profit on Thursday (April 17), and Simmons First National Corp. had an up-and-down quarter depending on how you view their latest financial results.

Thu, 04/17/2014 - 3:44pm

Doug McMillon, an alumni of the University of Arkansas, and his wife Shelley donated $1 million toward establishing the McMillon Family Endowed Excellence Fund at the Sam. M. Walton College of Business.

Thu, 04/17/2014 - 11:45am

Where do bankers go to borrow money? A paper trail left by former Arvest exec Dennis Smiley Jr. indicates he went to his friends and family first – and possibly without their consent.

Thu, 04/17/2014 - 7:44am

Facing tough sales comparisons and other operating headwinds, Wal-Mart Stores Inc. is once again expanding its fee-based services with a new money transfer option expected to rival Money Gram for U.S. money transfers up to $900.

Thu, 04/17/2014 - 7:24am

Wal-Mart Stores Inc., the world’s largest retailer, says it has 1,000 stores ready for a transformative change in credit card technology and plans to have the rest of their U.S. stores ready by the end of 2014.

Thu, 04/17/2014 - 6:11am

First quarter home sales in the Fort Smith region showed mixed results, with Crawford County far outpacing Sebastian County during the first three months of the year.

Thu, 04/17/2014 - 5:48am

Mass retailer Wal-Mart Stores Inc. recently secured $4 billion in new debt in two separate underwritings completed this month.

Wal-Mart outlined the details of three new debt instruments in its final prospectus filed with the Securities and Exchange Commission on Tuesday, April 15.

Wed, 04/16/2014 - 12:23am

Wall Street investors backed off of Wal-Mart Stores Inc. on Tuesday, April 15, following a downgrade by Chicago-based William Blair. The stock price fell 50 cents to close at $76.88 per share.

Tue, 04/15/2014 - 11:37pm

Fort Smith area native Craig Rivaldo is set to take over leadership for Arvest Benton County on May 1 and the banker will carry his “playbook” and more than 20 years of leadership experience when he settles into his new bank office full-time.

Tue, 04/15/2014 - 4:24pm

Arvest promotes John E. Gregson to community bank president for Arvest Bank Berryville. He takes over for Richard Kimberlin, who announced his retirement earlier this month.

Tue, 04/15/2014 - 4:10pm

More details were released Tuesday (April 15) on a planned mixed use development to be built at 822 Garrison Ave. The information was presented at Tuesday's Central Business Improvement District meeting. Developer Rodney Ghan of R.H.

Tue, 04/15/2014 - 3:19pm


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