Simmons First National Corp. reported a 46 percent one-year increase in its stock price and a 5 percent increase in the financial institution’s per-share dividend payout in its 2013 company report, released last week.
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Simmons First National Bank filed a foreclosure lawsuit March 17 in Pulaski County Circuit Court against Little Rock company Mountain Pure and its owner John B. Stacks, seeking to recover on $16.5 million in defaulted loans.
Simmons First National Corp. announced Monday it has entered into an agreement with Delta Trust & Banking Corp. of Little Rock to purchase the financial services provider and its wholly owned subsidiary Delta Trust & Bank for $66 million.
Pine Bluff economic development was the topic of conversation during a meeting in Sen. John Boozman’s Washington office on Thursday.
FAYETTEVILLE, Ark. – Riceland Foods of Stuttgart and the University of Arkansas System Division of Agriculture have reached agreement to cooperate in research aimed at commercializing technology to produce soy oil rich in conjugated linoleic acid (CLA).
Simmons First National Corp. filed notice with the Securities and Exchange Commission that it would consolidate its seven subsidiary banks into a single banking organization. The consolidation of charters will occur in two phases, the bank said.
Pine Bluff-based Simmons First National Corp. announced in a Wednesday filing with the U.S. Securities and Exchange Commission that it intends to consolidate its seven subsidiary banks into a single banking organization.
A third, and likely final, wave of layoffs at Little Rock-based Acxiom Corp. began on Wednesday as the database marketer continued its push to realign its work force to meet changing industry demands. Acxiom indicated in November 2013 it would cut its overall labor force by March in an effort to save $20 million to $30 million annually. Approximately 200 workers nationwide were part of the latest round of layoffs with around 100 in Arkansas.
The Simmons First National Corp. Board of Directors declared a regular $0.22 per share quarterly cash dividend payable April 1, 2014, to shareholders of record March 14, 2014.
Revenues grew modestly, but profits took a tumble as Walmart reported its fourth-quarter and full-year financials. The Bentonville-based retail giant reported fourth-quarter net income of $4.43 billion on sales of $128.8 billion, an increase of 1.4 percent over last year. The quarter included the negative impact of about $1.8 billion from currency exchange rate fluctuations. Last year Walmart posted fourth-quarter profits of $5.86 billion on revenue of $127.77 billion.