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Arkansas Business articles from February 2009

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Business magazine on the Arkansas business community, covering people and recent news events statewide.

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Arkansas Business archives from February 2009

Equity's management cause of downfall, former CEO asserts.(Luken Communications LLC )
February 2, 2009... A WEIRD MESSAGE SCROLLED ACROSS THE screens of Retro Television Network viewers in early January: the cell phone number of RTN's new owner. The network had just gone off the air in more than 70 markets spread across more than 30 states,...

State prepares for stimulus: goals: put people to work, create long-lasting benefits.
February 2, 2009... [ILLUSTRATION OMITTED] STATE OFFICIALS HAVE BEEN BUSY PREPARING for the influx of federal money that Arkansas will receive if Congress approves the nationwide economic stimulus package, with a special emphasis on the stimulus, job-creating...

Golden Corral beats Red Lobster: consumers choosing 'value' restaurants.
February 2, 2009... AMONG THE REGULAR YEAR-over-year changes in the Little Rock and North Little Rock restaurant scenes, one major event occurred in 2008: The Red Lobster on McCain Boulevard was dethroned. The North Little Rock store, the white whale of the...

Looking to flip.(Whispers)
February 2, 2009... It's official. The Block 2 project in downtown Little Rock is for sale. The three-building, mixed-use project is bearing a sticker price of $9.7 million. We understand that Little Rock's The Webster Corp., charged with selling the...

Filling the void.(LBK Management Services)(Brief article)
February 2, 2009... In conjunction with that sales effort, Lone Star has instructed LBK Management Services of Irving, Texas, to aggressively market the project to prospective tenants and get vacant space leased as quickly as possible. "We hope to have the...

The gypsy trailer.(Gypsy's Bar & Grill )(Brief article)
February 2, 2009... You may have heard that Gypsy's Bar & Grill in Little Rock closed last week. But here's some new news. Denis Seyer, executive chef and owner of Gypsy's and Guy Harvey's Island Grill in the Cayman Islands, told your Whispers staff that...

Holiday indigestion.(c)(Brief article)
February 2, 2009... We know you've been champing at the bit for the holiday restaurant numbers. Well, champ no more. Here are some numbers for a portion of the food court at Park Plaza Mall, which could be an indicator of the holiday shopping season. *...

Barber news.(Whispers)
February 2, 2009... Several banks that said they were burned by a Brandon Barber real estate development have come together to sue him and the Little Rock law firm that put the bond package together. The banks, which include First Arkansas Bank & Trust, Bank...

Big house.(Brief article)
February 2, 2009... Our Tennessee bureau has called our attention to a little item published recently in The City Paper, an online newspaper in Nashville. It seems Gaylon Lawrence Jr., scion of the banking and farming empire, and his wife, Lisa, bought the...

Stimulus or pork?(Editorial)(Brief article)
February 2, 2009... THE UNITED STATES UNDOUBTEDLY soon will have some sort of economic stimulus package. The package that will pass Congress will certainly contain elements that we dislike and could do without. For example, that $200 million for...

Worship and weapons.(Brief article)
February 2, 2009... A BILL BEFORE THE STATE Legislature would let people who have licenses to carry concealed handguns carry their weapons into a church or house of worship. That just doesn't sound like a good idea to us. We remember some heated business...

Raise the tobacco tax.(Letter)(Letter to the editor)
February 2, 2009... Gov. Mike Beebe and our state legislative leadership are supporting an increase in the Arkansas tobacco tax to benefit our people. I want all Arkansans to know that the benefits of this action cannot be overstated. When people begin to use...

[Cartoon].(Editorial)(Cartoon)
February 2, 2009... IT WOULD BE GREAT FOR THE MARTIME MUSEUM, OR WE COULD MAKE IT A TIF DISTRICT! [ILLUSTRATION OMITTED]

What to do with bank of America stock?(Commentary)
February 2, 2009... AS SOMEONE WHO PLAYED small role in bringing Bank of America to Arkansas, I have received many calls recently from old Worthen shareholders who still have Bank of America stock. They ask, "What should I do?" In trying to give a good...

Industrial sale I.(Real Deals: A Look at Important Real Estate Transactions)
February 2, 2009... An industrial property in North Little Rock tipped the scales at $2.9 million. JWJ Investments LLC, led by Steven Jenkins, James Wallace and Allen Jenkins, bought the 7200 Industry Drive project. The seller is House Properties Inc., led by...

Theatre purchase.(Real Deals: A Look at Important Real Estate Transactions)
February 2, 2009... A downtown North Little Rock property is under new ownership after a $500,000 deal. Argenta Community Theatre acquired the historic Faucette Building at 405 Main St. from Old Silver City LLC, led by John Gaudin. The 0.2-acre...

Christian buy.(Brief article)
February 2, 2009... A commercial site in North Little Rock rang up a $456,000 transaction. Christian Brothers Maumelle Ltd., led by Mark Carr, purchased the property near the northwest corner of Maumelle Boulevard and Paul Eells Drive. The seller is WNLR...

Southwest transaction.(Brief article)
February 2, 2009... Commercial property in southwest Little Rock is under new ownership after a $200,000 sale. R&L Properties, led by Doyle Rogers and Tommy Lasiter, bought the All Arkansas Computer Services at 8100 Geyer Springs Road. The seller is CA&JL...

Industrial sale II.(Brief article)
February 2, 2009... An industrial parcel in North Little Rock drew a $196,000 transaction. GIK LLC, led by Marvin Itzkowitz, acquired the site near the northwest corner of U.S. Highway 165 and Judi Drive. The seller is D&B Commercial Park LLC, led by James...

University property.(Brief article)
February 2, 2009... [ILLUSTRATION OMITTED] Property in south Little Rock changed hands in a $162,000 deal. 5401 South University Building LLC, led by Stacie Dyer, purchased the land north of the Metropolitan National bank branch at 5601 S. University Ave....

Maverick funding.(Brief article)
February 2, 2009... A trucking headquarters in North Little Rock is backing a $35 million funding agreement. Maverick Real Estate LLC, led by Steve Williams, received the eight-month loan from First Tennessee Bank of Memphis. Maverick Transportation's...

Inn financing.(Real Deals: A Look at Important Real Estate Transactions)
February 2, 2009... The owner of a motel in southwest Little Rock picked up a $1.56 million financial package. Sagar Hospitality Inc., led by Dilip Patel, obtained the 3.5-year loan from Community Bank of Cabot. The 2-acre Rest Inn development at 8217...

Rivercliff loan.(Brief article)
February 2, 2009... A 135-unit apartment project in the Riverdale area of Little Rock is securing a $1 million mortgage. Rivercliff Co., led by Richard Cheek, got the one-year loan from Regions Bank of Birmingham, Ala. The 16.4-acre Rivercliff Apartment...

Church mortgage.(Real Deals: A Look at Important Real Estate Transactions)
February 2, 2009... A North Little Rock congregation picked up a $781,234 financial package. First Assembly of God North Little Rock Inc. landed the funding agreement from Twin City Bank. The 9.3-acre development at 4501 Burrow Drive also is linked with a...

Hillcrest note.(Brief article)
February 2, 2009... A 20,200-SF commercial project in the Hillcrest area of Little Rock is backing a $680,000 mortgage. DRB Ltd., led by Dennis Burrow, received the loan from Riverside Bank of Sparkman. The 0.4-acre Hillcrest Square development at 3000...

Acxiom runs red in third quarter.(Public Company Reports)
February 2, 2009... Acxiom Corp. posted a third-quarter loss of $11.4 million or 15 cents a share, compared with income of $55 million or 69 cents a share for the same period of 2007. Third-quarter revenue for was $321.1 million compared to $350.8 million in...

Earnings drop in 4th quarter at First Federal Bancshares.(Public Company Reports)(Financial report)
February 2, 2009... First Federal Bancshares of Arkansas Inc. said fourth-quarter net income amounted to $193,000, or 4 cents a share, compared with $649,000, or 13 cents a share, during the fourth quarter of 2007. For the year, the holding company for First...

USA Truck sees turnaround for both 4th quarter and year.(Public Company Reports)
February 2, 2009... USA Truck Inc. reported net income in the fourth quarter of $599,000, or 6 cents a share, which includes a 3-cents-a-share adjustment for an operating asset impairment charge. In the trucking company's final quarter of 2007, it posted a...

Arkansas Best reports loss of $11 million in 4th quarter.(Arkansas Best Corp.)(Financial report)(Brief article)
February 2, 2009... Arkansas Best Corp. recorded a net loss of $11 million, or 44 cents a share, in the fourth quarter, compared with net income of $13.5 million, or 54 cents a share, in the fourth quarter of 2007. Revenue for the quarter was $391.2 million,...

J.B. Hunt sees slight drop in fourth-quarter income.(Public Company Reports)(Financial report)
February 2, 2009... J. B. Hunt Transport Services Inc. recorded fourth-quarter net earnings of $53.3 million, or 41 cents a share, vs. 2007 fourth-quarter earnings of $54.3 million, or 42 cents a share. During the quarter, the company recorded a $3.1 million...

Murphy Oil 4Q profit sags on lower energy prices.(Public Company Reports)(Financial report)
February 2, 2009... Murphy Oil Corp. reported fourth-quarter net income of $158.5 million, or 83 cents a share, down from $206.1 million, or $1.07 a share, in the same quarter last year. Analysts were expecting earnings of 79 cents a share. The final quarter of...

Caterpillar earnings plunge; plans for NLR plant remain.(Public Company Reports)
February 2, 2009... Caterpillar Inc. said it still plans to put a vehicle manufacturing plant in North Little Rock, despite a 32 percent drop in fourth-quarter profit and plans to slash 20,000 jobs company wide. The company said fourth-quarter net income was...

Wal-Mart successful in bid for Chilean grocery chain.(Public Company Reports)
February 2, 2009... Wal-Mart Stores Inc. said its tender offer to acquire Chile's largest food retailer has been successful. The world's largest retailer said it will take a 58.2 percent stake in Distribucion y Servicio S.A., or D&S, while Felipe Ibanez Scott...

Tyson Foods reports loss of $112 million in 1st quarter.(Public Company Reports)(Financial report)
February 2, 2009... Tyson Foods Inc. reported a first-quarter loss of $112 million, or 30 cents a share, compared with a net income of $34 million, or 10 cents a share, earned a year earlier. Analysts had expected a loss of 23 cents a share. First-quarter...

Smurfit-Stone files Chapter 11 bankruptcy.(Public Company Reports)
February 2, 2009... Smurfit-Stone Container Corp. of Chicago has filed for voluntary Chapter 11 bankruptcy. The company has plants in Rogers, Fort Smith and Jonesboro, employing about 230 people. "The company plans to use this process to restructure its debt,...

BancorpSouth posts drop of 47 percent in 4Q income.(Public Company Reports)(Financial report)
February 2, 2009... BancorpSouth Inc. of Tupelo, Miss, posted fourth-quarter net income of $16.8 million, or 20 cents a share, compared with $32.2 million, or 39 cents a share, during the same quarter last year. Chairman and CEO Aubrey Patterson called the...

Target distribution center in Maumelle to be closed.(RETAIL)
February 2, 2009... Target Corp. of Minneapolis said it will close its 852,000-SF distribution center at Maumelle, part of a companywide effort to cut costs. In a news release, the company said it will close the center, which it said employs 500, "later this...

Peabody cuts workers as travel sector lags.(TOURISM)
February 2, 2009... The Peabody Little Rock confirmed last week that it will cut about 3 percent of its work force. Gregg Herning, general manager, said that of the 350 employees at Arkansas' highest grossing hotel, 10 will be laid off. The positions were...

Crye-Leike homes sales slip 10% in Midstate.(REAL ESTATE)
February 2, 2009... Central Arkansas home sales during 2008 were down 10 percent for Crye-Leike Realtors. The company recorded more than $660 million in home sales during the year. Its goal was $700 million. Harold Crye, CEO and co-founder, announced the news at...

Amedisys buys agencies from White River Health.(HEALTH CARE)
February 2, 2009... Amedisys Inc. of Baton Rouge, La., a home health nursing company, has agreed to buy three home health agencies and one hospice agency from the White River Health System of Batesville. Financial details of the deal were not disclosed. Amedisys...

Metropolitan bank plans to close three branches.(BANKING & FINANCE)
February 2, 2009... Metropolitan National Bank has informed federal regulators it plans to close three branches in central Arkansas Kroger stores. The branches to be closed are in the Kroger stores at 14000 Highway 10 in west Little Rock, 1295 W. Main St. in...

Arkansan-owned mall goes into foreclosure.(RETAIL)
February 2, 2009... A 1.2 million-SF mall in south Oklahoma City owned by Midwest Mall Properties, a partnership between Doyle Rogers and John Flake of Little Rock and Sam Mathias of Springdale, has gone into foreclosure. According to an Oklahoma ABC-TV...

Study says Arkansas profits from nonprofits.(NONPROFIT)
February 2, 2009... A recent study found that charitable organizations in Arkansas contributed more than $14 billion to the state's economy from 2005 to 2008. The study, conducted by the Institute for Economic Advancement at the University of Arkansas at...

AERT settles suit, incurs losses of more than $6m.(NW Journal: A Look at News From Northwest Arkansas)
February 2, 2009... Advanced Environmental Recycling Technologies Inc. of Springdale has received federal approval of a settlement with plaintiffs who sued over the company's ChoiceDek product. [ILLUSTRATION OMITTED] AERT produces composite deck and fence...

KFSM leads DMA, November Nielsen's.(NW Journal: A Look at News From Northwest Arkansas)
February 2, 2009... KFSM-TV, Channel 5, led the 11-county designated market area during all three weekday evening newscasts in the November household ratings from Nielsen Media Research. KFSM, the CBS affiliate, had a 10.1 share at 5 p.m., compared with 3.8...

Pulaski Technical College.(Business Briefs)
February 2, 2009... Pulaski Technical College is raising tuition 3.9 percent beginning with the fall 2009 semester. In-state tuition will increase $3 per credit hour to $80. Tuition for out-of-state students will increase $3 per credit hour to $131. Tuition for...

The Arkansas Delta Training & Education Consortium has been awarded a $2 million Community-Based Job Training Grant from the U.S. Department of Labor to support capacity building and training activities at the five community colleges in the Arkansas Delta that make up ADTEC.(Business Briefs)
February 2, 2009... The Arkansas Delta Training & Education Consortium has been awarded a $2 million Community-Based Job Training Grant from the U.S. Department of Labor to support capacity building and training activities at the five community colleges in the...

Walter E. Hussman Jr. and Dr. George K. Mitchell, both founding board members of Junior Achievement of Arkansas Inc.(Business Briefs)(Brief article)
February 2, 2009... Walter E. Hussman Jr. and Dr. George K. Mitchell, both founding board members of Junior Achievement of Arkansas Inc., will be honored with the Legacy Award at the 19th annual Junior Achievement Business Luncheon from noon to 1:30 p.m. on Feb. 4...

J.B. Hunt Transport Services Inc. has been recognized by ConAgra Foods as the recipient of their 2008 Overall Carrier of the Year award.(Business Briefs)
February 2, 2009... J.B. Hunt Transport Services Inc. has been recognized by ConAgra Foods as the recipient of their 2008 Overall Carrier of the Year award, based on the trucking company's on-time service and technological capabilities.

Northwest Arkansas Regional Airport at Highfill will get a $10 million grant from the Federal Aviation Administration to help build an 8,800-foot taxiway.(Business Briefs)
February 2, 2009... Northwest Arkansas Regional Airport at Highfill will get a $10 million grant from the Federal Aviation Administration to help build an 8,800-foot taxiway. The grant is for ground preparation and drainage work for the $45 million project.

Hytrol Conveyor Co.(Business Briefs)
February 2, 2009... Hytrol Conveyor Co. of Jonesboro is laying off 100 workers as it tries to match production with reduced demand because of the recession. The company will still employ 600 workers. Hytrol makes conveyors and materials handling equipment.

American Greetings Corp.(Business Briefs)
February 2, 2009... American Greetings Corp. of Cleveland said it was cutting about 200 jobs as it copes with weaker sales. About 60 of the layoffs will be split between its Osceola facility and a plant at Ripley, Tenn. Most of the cuts will occur at Bardstown,...

The National Association for Business Economics.(Business Briefs)
February 2, 2009... The National Association for Business Economics' latest industry survey shows the worst business conditions since the survey began in 1982. Respondents are more pessimistic about U.S. economic growth, with more than half expecting real GDP to...

Windstream Corp.(Business Briefs)(Brief article)
February 2, 2009... Windstream Corp. is now offering high-performance Internet for small businesses through its Ethernet Internet Access, a flexible, high-bandwidth Internet service that gives businesses more cost-effective options. Ethernet Internet Access...

Acxiom Corp.(Business Briefs)
February 2, 2009... Acxiom Corp. has released the latest Automotive Consumer Dynamics study: "Who's Buying, Who's Not and Why." The study gives automakers and auto dealers, suffering on their worst years on record in 2009, some insight into five consumer groups...

Arkansas State University's College of Business and the Delta Center for Economic Development.(Business Briefs)
February 2, 2009... Arkansas State University's College of Business and the Delta Center for Economic Development, in partnership with the Electric Cooperatives of Arkansas, selected Chicot County as the third participant in its "Powering Rural Development" model...

Beebe, cigarette tax backers rally; McDaniel's animal cruelty bill passes.(Legislative Roundup)
February 2, 2009... Gov. Mike Beebe and supporters of HB1204, which would levy a 56-cent tax on cigarettes, rallied Monday at Arkansas Children's Hospital. Supporters say HB1204 would generate $88 million for health care in Arkansas, $27 million of which...

Rave theater concession sales: $2.4 million.
February 2, 2009... MOVIE THEATERS IN LITTLE ROCK, once allowed to ignore the city's restaurant tax, have now been forwarding 2 percent of concession sales to the Advertising & Promotions Commission for a full year. Those $4 soft drinks and $5 bags of popcorn...

Highest-grossing Little Rock restaurants.
February 2, 2009... Highest-Grossing Little Rock Restaurant Ranked by 2008 gross receipts 2008 Gross 2007 Gross Restaurant Receipts Receipts 1 Host...

Highest-grossing North Little Rock restaurants.
February 2, 2009... 2008 Gross 2007 Gross Restaurant Receipts Receipts 1 Golden Corral $5,364,842 $4,869,767 2 Red Lobster ...

Tips to avoid falling for the next Ponzi scheme.(Securities fraud)
February 2, 2009... IF ANYBODY WAS GOING TO see through Bernie Madoff's alleged schemes, it should have been Stephen Greenspan. Greenspan is a clinical professor of psychiatry at the University of Colorado and for the last 10 years studied gullibility....

Cities turn to BnG systems to improve water quality.(Innovation: Arkansas' tech- and knowledge-based ventures)
February 2, 2009... [ILLUSTRATION OMITTED] THE UNITED STATES SPENT about $88 billion in water and wastewater treatment in 2005. As those costs continue to rise, the demand for effective water-treatment technologies increases. Fayetteville's BlueInGreen is...

New patents in Arkansas.
February 2, 2009... New Patents in Arkansas Description Inventor Planing platoon boat hull William Dunkerson, Edgemont Apparatus for cooling Rita and William Crossley, and dispensing wine ...

Innovation events.(Calendar)
February 2, 2009... * Feb. 3--How to Write a Business Plan No matter how large or small, all businesses must have a business plan! A business plan will help you define your concept, evaluate your competition, determine risks, and estimate your costs. This...

Nabholz Construction.(CONSTRUCTION)
February 2, 2009... [ILLUSTRATION OMITTED] Greg Brooks has been appointed business development officer for the central Arkansas division of Nabholz Construction in Little Rock. A Brooks 1986 graduate of the U.S. Air Force Academy, Brooks has sales experience...

Arkansas Department of Education.(GOVERNMENT)
February 2, 2009... Dee Cox has been named special assistant to the commissioner at the Arkansas Department of Education in Little Rock. Cox has worked for the Department of Education for about 10 years in multiple capacities and currently serves as state...

U.S. Army Corps.(GOVERNMENT)
February 2, 2009... Andrea Lewis has replaced Lee Bass as chief of operations for the U.S. Army Corps of Engineers, Little Rock District. Lewis has worked with the Corps for 20 years, having previously served as assistant chief of the Operations Division. Before...

Dr. Rick Walker has joined the staff of Northwest Medical Center of Springdale as an orthopedic surgeon.(HEALTH CARE)
February 2, 2009... Dr. Rick Walker has joined the staff of Northwest Medical Center of Springdale as an orthopedic surgeon. In practice since 1991, Walker comes to Northwest Medical Center from West Plains, Mo., where he had been in practice for the past 10...

St. Joseph's Mercy Health System.(HEALTH CARE)
February 2, 2009... [ILLUSTRATION OMITTED] Anna Silva has been named chief operating officer of St. Joseph's Mercy Health System in Hot Springs. Silva comes to St. Joseph's after spending the last 16 years with Our Lady of the Lake Regional Medical Center in...

E.O. "Pat" Tounzen has joined the Roy N. Borden Agency Inc. of Little Rock as commercial lines producer.(INSURANCE)
February 2, 2009... [ILLUSTRATION OMITTED] E.O. "Pat" Tounzen has joined the Roy N. Borden Agency Inc. of Little Rock as commercial lines producer. Tounzen previously worked at the Swett & Crawford group, the country's second-largest insurance wholesaler.

Public Relations Society of America.(INSURANCE)
February 2, 2009... [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] Natalie Ghidotti has been inducted as president of the Arkansas chapter of the Public Relations Society of America in Little Jones Rock. Nine other new officers...

Angela Sain has joined CryeLeike Realtors of Little Rock.(REAL ESTATE)
February 2, 2009... Angela Sain has joined CryeLeike Realtors of Little Rock. Before joining Crye-Leike, Sain was an agent with Coldwell Banker for four years and achieved silver level of excellence awards each year. [ILLUSTRATION OMITTED]

Metro Area Board of Realtors.(REAL ESTATE)
February 2, 2009... [ILLUSTRATION OMITTED] Cheryl Culp, an agent with CryeLeike in Fayettevilte, has been named 2008 rookie of the year by the Metro Area Board of Realtors. Prior to obtaining her real estate license, Culp was employed for 11 years as a...

Stock summary.
February 2, 2009... Stock Summary 1/29/2009 Weekly YTD Arkansas Public Company Stocks Close Change Change Acxiom Corp (ACXM) 8.60 35.43% 6.17%...

Back to school.(Arkansas Governor's School )(Brief article)
February 2, 2009... Arkansas Governor's School will celebrate its 30th anniversary this summer. The annual six-week program for many of the state's gifted high school juniors will see some changes in its 31st year. This summer's program might be one of the...

Correction.(Whispers)(Correction notice)
February 2, 2009... Steven Warren is the South region managing partner for BKD LLP accounting firm. His new title was incorrect in the Jan. 26 "Power List" feature.

A final salute.(The Salute of Marion )
February 2, 2009... Joyce Brown and a friend started The Salute of Marion in 2004. Just four years later, Brown is shutting down the weekly newspaper. Brown, the publisher, bought out her partner after a year and enjoyed profits in 2006 and part of 2007. But...

Inking some deals.(Outtakes: An Inside Look Into Arkansas Media)
February 2, 2009... This paper reported last week that Little Rock ad agency Heathcott & Associates was ordered by a Florida judge to pay a vendor. The vendor is suing for about $34,000, claiming Heathcott, owned by Gary Heathcott, did not make good on a...

Silver anniversary.(Brief article)
February 2, 2009... It has really been 25 years. Ned Perme and KATV-TV, Channel 7, have worked together since 1984, and the station is now promoting the relationship in a series of ads. Perme is a weather anchor and chief meteorologist for the station. A...

Moving on up.(Outtakes: An Inside Look Into Arkansas Media)
February 2, 2009... Lisa Bondurant of The Communications Group, a Little Rock ad agency, has been promoted to senior vice president. She formerly held the title of director of public relations. Bondurant will maintain her current responsibilities and become a...

LR condo market cooldown: owners in downtown trying new sales, leasing strategies.(Upscale Real Estate)
February 9, 2009... [ILLUSTRATION OMITTED] WAR STORIES ARE GROWING OF LITTLE Rock condo buyers getting cold feet and tying to extricate themselves from pricey purchase contracts countered by sellers holding their feet to the fire to fulfill the agreement or...

Upscale market hit; remains healthier than much of U.S.
February 9, 2009... LOOKING TO SELL THAT $400,000-PLUS HOME? Be prepared to wait a while. Cooperative Arkansas Realtors Multiple Listing Services Inc., the state's largest regional listing service, which covers a large chunk of central Arkansas, showed 654...

Suppliers turning to courts to collect from contractors.
February 9, 2009... AS HOME SALES HAVE DECLINED, the number of collection lawsuits filed by suppliers of construction materials against homebuilders has risen. It's a new tactic that reflects the increasing severity of the downturn of the housing market in...

In the pipeline.(Whispers)
February 9, 2009... Look for a familiar name to return soon to the Arkansas business scene. All the i's are nearly dotted and all the t's are nearly crossed to make this one official. And by soon, we mean very, very soon. More to come. We promise.

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