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Arvest Bank in Little Rock Names Virgil Miller as New CRA Director
Miller's career in banking stretches back 36 years, the last 13 of which were spent at Metropolitan National Bank in Little Rock, where he served as the CRA officer. Miller, a graduate of Arkansas Tech University, also worked at Worthen Bank, Boatmen's

Five-minute guide to interest rates
Five-minute guide to interest rates The number of people out of work is just above the target set last year by Bank of England Governor Mark Carney, which could trigger a review on raising interest rates. On Friday, Carney said that interest rates were likely to remain low in the medium

The Gadfly of Greenwich Real Estate
Though the Federal Reserve's policy of rock-bottom interest rates over the last few years has revived the value of many of the nation's subdivisions and sent stocks soaring to historic highs, it has prompted only modest interest in the over-the-top

Down in the polls, Stephen Harper finds public affection abroad
Down in the polls, Stephen Harper finds public affection abroad And on this, his first-ever trip to Israel, it was like the pent-up appreciation finally let loose, with a standing ovation in the Knesset, praise at Tel Aviv University, where he was awarded an honorary doctorate, and at the Western Wall, where he got

Otis Elevator At Arvest Bank Downtown Little Rock, Ar

Riding the elevator at Arvest Bank. ~Elevator # 2725 Info~ Brand: Otis Type: Geared Traction Capacity: 3500 LBS Speed: 350 FPM No. Of Floors: 5 ...

Fayetteville office park planned for Vantage Drive

Naples, owner of NAPA Construction in Fayetteville, is partnering with Fayetteville commercial real estate firm CBRE to develop the property into a small office park called Vantage Drive Office Park. David Erstine, a real estate broker with CBRE in Fayetteville who represented Naples in the land acquisition, said the developer is planning to build a two-story, Class A office building with 40,000 square feet of space. The remaining acreage will be split into smaller lots, between four and seven lots ranging in size from 1 to 5 acres, and marketed for sale.

“We anticipate having lots available to close by the end of the year,” Erstine said. “We are having ongoing conversations now on portions of the property, but those are in the early stages.”

Erstine said developing the property for medical, office or other commercial development opportunities speaks to the lack of supply in the marketplace, specifically east of the U.S. Highway 71B corridor.

“We are particularly light on developable lot inventory in the market,” he said. “There is some inventory available around Steele [Boulevard] and Van Asche [Drive], and on Zion Road, but it’s pretty limited. And this is one of the last remaining sizable tracts of land in the north Fayetteville submarket.

10 firms in Arkansas index show 3-month gains

ArcBest, the Fort Smith trucking firm, had the state's best performing stock with a return of almost 43 percent in the second quarter, which ended Friday.

Ten of the 16 stocks on the Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, advanced for the quarter and six were down.

Seven of the stocks -- America's Car Mart, Acxiom, ArcBest, Dillard's, Murphy Oil, P.A.M. Transportation and Uniti Group -- rose by more than 17 percent in the past three months.

ArcBest reported year-over-year improvements in first quarter revenue and net income, said Nathan Green, a financial adviser with Simmons First Investment Group Inc. in Searcy.

Green said that Judy McReynolds, ArcBest's chief executive officer, pointed to strong market demand for ArcBest's supply chain solutions and purposeful yield management as the drivers of positive first-quarter results.

Shares of Acxiom, the Conway-based company that is reportedly taking offers to sell a big chunk of its business, rose 31.9 percent in the second quarter.