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Analyst Insights: Two Banks that Deliver to Shareholders

Jeff For Banks

2/25 Past actions/decisions give the best insights into a management team's acumen, capabilities, willpower, and its pursuit of excellence.effort lol. Agreed to sell 2 branches in weak markets - 12/2020 5/25 Look how much $CFBK accomplished in just over 4 years. (2/2) References to "I" means Perry. I will highlight $QCRH and $CFBK.

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Simon Property Group Looks To Raise $300 Million For Shell Company

PYMNTS

According to the release, “The target will likely be in an industry that will benefit from the experience, expertise, and operating skills of the management team” and Simon Property Group, the nation’s largest mall owner. Indianapolis-based Simon said the IPO will offer 30 million “units” at $10.

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Uber Eats Sees 59 Pct Spike In European Grocery Delivery

PYMNTS

“Everything that we are doing on grocery and convenience is driven by the fact that we are seeing strong consumer appetites from new consumption trends, people who are confined and cannot go out,” European General Manager Stephane Ficaja told Reuters in a Thursday (April 16) report.

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Mall Vacancies At Highest Level In Eight Years

PYMNTS

Reis data indicates that the proportion of units sitting empty in some cities – with the inclusion of Birmingham, Alabama and Indianapolis, Indiana – is roughly four times higher than San Francisco, the Financial Times reported. Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S.

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Coronavirus Triggers Furloughs For Over 1K Workers At Simon-Owned Malls

PYMNTS

The furloughs affect employees at Simon’s Indianapolis headquarters as well as at its malls and outlets nationwide, a source familiar with the situation told CNBC. In addition, upper management salaries are being slashed by up to 30 percent. An unspecified number of workers were permanently laid off as well.

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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam

PYMNTS

The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result of a financial accounting scandal at another trucking firm where FreightRover executives had worked. The problems reportedly stem not from FreightRover, but from Celadon Group Inc.,

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Instacart Delivery Coming To Half Of Sam’s Club Locations

PYMNTS

Markets included in Instacart’s larger footprint will include New Jersey, Indianapolis and Houston, among others, according to the company. Today, that program is taking a massive leap forward: By the end of this month, Instacart-powered delivery will be on offer at 50 percent of Sam’s Club locations.