LITTLE ROCK, Ark. (Arkansas Business) -- Stocks end higher Tuesday, making their fourth straight gain. The S&P 500 now about one percent below its all-time closing high, the Nasdaq posting its best close since October 2000.
All this comes amid a positive start to second-quarter earnings season. We'll get more earnings reports today and there's another document investors will be watching closely: the latest minutes from the last meeting of the Federal Reserve's monetary policy meeting.
Davy Carter named regional pres. of Centennial Bank
Here in Arkansas, Centennial Bank, the subsidiary of Home BancShares Inc. of Conway, on Tuesday naming Davy Carter as its regional president.
Carter, who's also speaker of the Arkansas House of Representatives, will spend much of his time early on overseeing the company's $280 million acquisition of Liberty Bank of Arkansas Inc. of Jonesboro.
That deal will create the second largest bank company headquartered in the state.
In May, Carter was named executive vice president at Home BancShares after deciding he wouldn't run for governor.
Before that, he was division president for Centennial Bank in Cabot.
Arkansas Business: Oldest Companies in Arkansas
And finally, Arkansas Business this week releasing the list of the oldest companies in Arkansas.
Once again, that distinction belongs to the Rose Law Firm of Little Rock which was founded in 1820. That's 16 years before Arkansas achieved statehood.
That venerable law firm, which at one time employed a future U.S. Secretary of State, Hillary Clinton, was founded in 1820 by Robert Crittenden and Chester Ashley. It's the third oldest law firm in the country.
The second oldest firm on our list is the University of the Ozarks which is a private university in Clarksville. It was founded in 1834 making it the oldest university in the state.
Rounding out the top five oldest companies on the list:
- Stinson's Jewelers in Camden, founded in 1847
- Mount St. Mary Academy in Little Rock, in 1851
And two newspapers:
- The Post-Dispatch in Dardanelle, founded in 1854
- The Daily Citizen in Searcy, founded in 1854
In all, we've got 220 companies on the list and all of them are more than 100 years old.
Check out the full list on their website http://www.arkansasbusiness.com/