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Simon?Drops $3.6B Mall Deal, Sues Taubman Centers

PYMNTS

In a complaint filed with the Oakland County Circuit Court in Pontiac, Michigan, Indiana-based Simon Property Group said it is suing Taubman Centers for violating terms of the deal.

Michigan 131
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Possible Sale Of Cars.com Comes Amid Stronger Digital Ties For Automotive

PYMNTS

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. A Walmart representative said locations will open in Georgia, Illinois, Indiana and Virginia soon, as well as on a microsite on Walmart.com. The takeaway of those personal moves?

Indiana 105
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential.

Mobile 168
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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. The bank operates thirteen branches, eleven in northern California and two in Nevada. It also operates four loan production offices, three in California and one in Oregon. First Capital, Inc. Nasdaq: FCAP) First Capital, Inc.

Indiana 78
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Why Banks Merge: Listen to the Sellers

Jeff For Banks

." - Gregory Schreacke, President of First Financial Service Corporation in Elizabethtown, KY on his bank''s sale to Community Bank Shares of Indiana, Inc. Read: We need to be bigger and have more capital to keep up with regulation and the industry. Read: We only have $10 million in capital and can''t get more on our own.

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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). The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. Oregon Bancorp, Inc.

Oregon 101
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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

First Internet Bank in Indiana was founded in 1998. They are/were the business owners, demanders of capital and loans, and significant depositors. And a branch, on average, cost about 1% of deposits in direct operating expenses. Build a positive culture with operating discipline. And products started migrating online.