Basch Report | Columnists | Jax Daily Record

Columnists | Basch Report

Mark Basch
December 12, 2019

Maple Street Biscuit Company's office could be moving to Tennessee

New owner Cracker Barrel says “the Maple Street team will be relocating to Nashville.”

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Basch Report

Mark Basch
December 5, 2019

‘Mini Berkshire Hathaway’ buys APR Energy for $750 million

Seaspan Corp., a company that leases containerships, is seeking to diversify.

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Basch Report

Mark Basch
November 29, 2019

The Basch Report: Stein Mart optimistic on sales initiatives

Third-quarter sales fall 1% after Jacksonville-based retailer closes five stores.

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Basch Report

Mark Basch
November 21, 2019

Struggling Maxwell House parent downgraded

Reports said Kraft Heinz Co. was trying to sell the coffee brand that is produced in Downtown Jacksonville.

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Basch Report

Mark Basch
November 14, 2019

Black Knight loses clients, stock suffers

Jacksonville-based mortgage processing services company projects it may lose 5% of its revenue next year.

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Basch Report

Mark Basch
November 7, 2019

Retail bankruptcies hit Regency Centers

The Jacksonville-based shopping center developer says it is facing “short-term headwinds” that are likely to hold back earnings growth.

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Basch Report

Mark Basch
October 31, 2019

Freight ‘softness’ impacts Landstar System Inc.

Revenue drops 16% at trucking company because of “weaker economic conditions” in U.S. manufacturing.

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Basch Report

Mark Basch
October 24, 2019

Ameris Bank moves headquarters, top executives to Atlanta

The bank will continue to have a significant Southbank presence at Riverplace Tower, where it is installing new signs atop building.

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Basch Report

Mark Basch
October 17, 2019

The Basch Report: Cracker Barrel investing in new concepts

The restaurant chain’s acquisition of Maple Street Biscuit Co. follows its $140 million investment in Punch Bowl Social.

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Basch Report

Mark Basch
October 10, 2019

Economy weighing on outlook for CSX Corp.; more virtual annual meetings

Despite “monumental productivity gains” at the Jacksonville-based railroad, analysts are downgrading company.

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Basch Report

Mark Basch
October 3, 2019

Homebuilders upgraded on strong demand; Rayonier AM reaches debt deal

As construction jobs rebound in North Florida, analysts say KB Home, Lennar Corp. and Toll Brothers will benefit from low mortgage rates.

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Basch Report

Mark Basch
September 26, 2019

Fanatics hires Nike executive as new CFO

Michener Chandlee’s hiring comes amid reports company is considering an IPO.

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Basch Report

Mark Basch
September 19, 2019

FIS upgraded after Worldpay acquisition; CSX seeking efficiencies

Analysts set the target price for the Jacksonville-based company’s stock as high as $175.

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Basch Report

Mark Basch
September 12, 2019

Analysts react after Fidelity abandons Stewart acquisition

They say abandoning the merger will be positive for Fidelity as it deploys the excess cash in possible share repurchases.

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Basch Report

Mark Basch
September 5, 2019

Fidelity spinoff changes management structure

Cannae Holdings will pay a firm controlled by Chairman Bill Foley to manage the business.

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Basch Report

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