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FedEx Eyes Stake In Germany’s Hermes Delivery Service

PYMNTS

The Memphis-based delivery company has instead seen a massive upswing in low-margin personal home deliveries as people start to shift to eCommerce during the pandemic. FedEx acquired TNT Express in 2016 for boosting its B2B shipments, and Last Mile Experts Managing Partner Marek Ró?ycki

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Fixing Meal Delivery By Ditching The Subscriptions 

PYMNTS

Blue Apron is still in existence — which is more than a lot of the follow-on meal kit businesses that entered the market in Blue Apron’s wake can say as of late 2019 — but its fortunes have been rocky since it entered the public market in the summer of 2017. are planned to follow along.

Memphis 103
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Mall Vacancies At Highest Level In Eight Years

PYMNTS

But 24 cities experienced vacancy rates that exceeded 12 percent, with the inclusion of Buffalo, Memphis and Albuquerque. There have been indications of trouble in local retail property markets as landlords prepare for store closures after Forever 21 ’s bankruptcy. But retail vacancies increased by 2.4

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Jim Reber: Floating rate assets are back

Independent Banker

The financial press, economic commentators and social media sites have used a collection of terms this year that convey a certain image of market values for investment securities: “Plummet.” Trust me when I say it was not a money-market equivalent. Another enticement is the market values of 7(a)s are remarkably stable.

Memphis 103
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Jim Reber: Collateral advantage

Independent Banker

Portfolio managers continue to embrace mortgage-backed securities (MBS) for several reasons. This also is one reason for the terrific liquidity in the pass-through market. Spread the wealth Let’s say you’re in the market for 15-year stated final MBS, and you ask your favorite brokers to show you several examples. up to 5%.

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Jim Reber: March sanity

Independent Banker

What this has to do with community bank investment management may not be readily apparent. In March of that year, while thousands were attending ICBA LIVE in Orlando, the financial markets went into a frenzy. The bond market, represented in this column by the five-year treasury note, has risen in March seven of the last 10 years.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This year we expect another year of market-leading growth. Noting that existing Carvana markets grew by 84 percent, he said, “The company’s four oldest markets each more than three years old grew by 50 percent and our oldest cohort of Atlanta grew by 18 percent. New Markets. Oklahoma City, and Memphis.

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