Simon spinoff spins Lindale Mall assets into SpinCo
Simon Property Group will spin off its smaller enclosed malls and strip centers into SpinCo in 2014, retaining Lindale Mall in Cedar Rapids to continue management. SpinCo will own 54 strip centers and 44 malls, pursue $300 million in redevelopment, and target a debt load around $2 billion with an initial dividend of at least 50 cents.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Lindale
Simon Property Group of
Indianapolis
Simon
SpinCo
Southern Hills
Sioux City
Lindale Mall
Busines
Simon Property Group
Mortgage delinquency rates to ease in 2014 forecast
TransUnion projects the national mortgage delinquency rate to fall to 3.75 percent by end of 2014 from 4.94 percent this year, the fifth straight decline but the slowest since 2010. Credit card delinquencies rise about 10 percent in 2014, yet remain well below historical levels.
MENTIONED IN THIS ARTICLE
TransUnion of
Chicago
TransUnion
Tim Martin
U.S
Steve Chaouki
Stitch Golf builds U S supply chain for golf club covers
Cary based Stitch Golf credits local suppliers across North Carolina for its leather golf club covers made in the U S. Since shipping its first cover to Winged Foot Golf Club in 2011, the firm has produced 200000 covers and earned several million dollars in revenue serving 1200 private clubs and resorts.
MENTIONED IN THIS ARTICLE
Cary
N.C
Hickory
High Point
Burlington
Stitch Golf
North Carolina
Charlie Burgwyn
U.S
Burgwyn
Winged Foot Golf Club
New York City
United States
Jennifer Martin
Raleigh News & Above
Charlie Burgwyn Sr
Charlie Burgwyn Jr
Renee Pfau
Bill Clinton
Wireless carriers vow unlock clarity while keeping contracts
CTIA member carriers Verizon AT&T Sprint and T-Mobile pledge greater transparency on unlocking devices after contract expiry and clear instructions to modify or unlock phones. They retain installment plans and two year subscriptions with device discounts, and prepaid users may have devices locked for up to a year.
MENTIONED IN THIS ARTICLE
Verizon Wireless
At&t Inc
Sprint
T-Mobile
Apple
Jan Dawson
Jackdaw Research
Provo
Utah
CTIA
the Wireless Association
Steve Largent
Tom Wheeler
U.S
Federal Communications Commission
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George C. Ford
the Gazette
Bloomberg News
George
Ford
Sourcemedia
Ine Gazette
George Ford
Sourcemedia.net
Raleigh
Martin
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