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JD Sports Purchases California-Based Shoe Palace

PYMNTS

Overall cash consideration for the purchase of the company is $325 million, which is subject to “customary cash/debt and working capital adjustments,” of which $100 million has been deferred and will be paid on different dates over the 12 months to come. Shoe Palace provided a $52 million pre-tax profit in the year ending Dec.

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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

“It’s important to know the long-term pros and cons, and the unintended consequences so that everyone walks away educated not only on what these opportunities bring, but also on what the impacts could be on the operation and long-term land values,” he says. Diversification through renewable energy. keep me informed.

Lending 195
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The Blockchain Wave Isn’t Always Smooth Sailing

PYMNTS

Hype over distributed ledger technology (DLT) has certainly led to a bump in shares for companies operating in the space — and even for some companies with seemingly no connection to the tool. Just like the volatility of bitcoin, the world of blockchain is no stable place. But it’s not all smooth sailing.

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Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). But once they turned things around they took their deferred tax asset back onto their books and did three acquisition. Oregon Bancorp, Inc.

Oregon 101
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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

After it became illegal in the United States through the Marihuana Tax Act of 1937, the business of selling cannabis went mostly underground. One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. We are the “Amazon” of Cannabis, the largest online marketplace in the world.

Las Vegas 140
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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Executioner’s Tax (Swing of the Ax) – Power Trip. THE BANKING AWARDS. Millionaire – Chris Stapleton.