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Arvest promotes John Gregson
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.Gregson has more than 18...
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Rivaldo embraces new Arvest leadership role in Benton County
story by Kim Souzaksouza@thecitywire.comFort 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...
View ArticleWal-Mart shares downgraded by William Blair
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. Wal-Mart...
View ArticleWal-Mart Stores Inc. issues $4 billion in new debt
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...
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First quarter home sales up in Crawford, Sebastian counties
story by Ryan Saylorrsaylor@thecitywire.comFirst quarter home sales in the Fort Smith region showed mixed results, with Crawford County far outpacing Sebastian County during the first three months of...
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Wal-Mart, retail industry prepping for new credit card technology
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...
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Wal-Mart Stores to offer a new money transfer option (Updated)
story by Kim Souzaksouza@thecitywire.comEditor's note: Story updated with changes and additions throughout.Facing tough sales comparisons and other operating headwinds, Wal-Mart Stores Inc. is once...
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Henry Smiley Sr. alleges fraud through son’s financial actions
story by Kim Souzaksouza@thecitywire.comWhere 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...
View ArticleWal-Mart CEO Doug McMillon paying it forward to his alma mater
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...
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Home Bancshares, Simmons First report positive first quarter income
story from Talk Business, a content partner with The City WireHome Bancshares, parent company of Centennial Bank, reported a record first quarter profit on Thursday (April 17), and Simmons First...
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The Compass Report: Fort Smith area economy improves in 2013
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...
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The Compass Report: ‘Rapid pace’ of growth continues for NWA economy
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.The fourth quarter 2013 grade of...
View ArticleBioBotic Solutions wins another business plan competition
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...
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The Supply Side: Wal-Mart’s 2015 rule for sustainable-only palm oil nears
story by Kim Souzaksouza@thecitywire.comThe 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...
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Panel: Cooperation, collaboration key to stronger health care industry
story by Ryan Saylorrsaylor@thecitywire.comA “Healthy” Discussion was the focus of The 5th Annual The Compass Conference on Thursday (April 17) at Mercy Fort Smith. The conference, presented by The...
View ArticleHome BancShares to acquire Florida Traditions Bank
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...
View ArticleMercy integrates with Ozark Orthopaedics of Rogers
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...
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Arkansas’ jobless rate below 7% for first time in more than five years
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...
View ArticleLegacy Bank breaks ground on new Pinnacle Bank Center
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...
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Fort Smith, Van Buren tourism tax numbers off to a good start
Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire. Supporting sponsors of The Compass Report are Cox Communications and the Fort...
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