Peoples Bancorp Inc
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Financials : Banks | Company profile

Peoples Bancorp Inc. (Peoples) is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. It offers community banking services. Peoples Bank is a state-chartered bank. Peoples offers a line of banking, insurance, investment and trust solutions through its financial units: Peoples Bank and Peoples Insurance Agency, LLC (Peoples Insurance). Its products and services include various demand deposit accounts, savings accounts, money market accounts and certificates of deposit; commercial, consumer and real estate mortgage loans (both commercial and residential), and lines of credit; debit and automated teller machine cards; credit cards for individuals and businesses; corporate and personal trust services; safe deposit rental facilities; money orders and cashier's checks; a range of life, health and property and casualty insurance products; brokerage services, and fiduciary, employee benefit plans and asset management services.

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Dillard's shares jump 6% after J.P. Morgan upgrade on 'upscale' shift

10:55 am ET January 7, 2019 (MarketWatch)

Dillard's Inc. (DDS) shares jumped 6% in Monday trading after the department store retailer was upgraded to neutral from underperform at J.P. Morgan. Dillard's price target was moved to $62 from $58. Analysts say Dillard's merchandise has moved "upscale" to target customers at a higher-income demographic and with items that fill the space between Macy's Inc. (M) and Nordstrom Inc. (JWN) Margins have improved, and analysts think the bankruptcies and store closures across the retail sector are "elevating Dillard's importance to national vendors which should also help stabilize gross margins." Still mall traffic declines and e-commerce competition are a limit to top-line growth. Dillard's shares have gained 15.1% over the last year while the S&P 500 index has slumped 7.1% for the period.

-Tonya Garcia; 415-439-6400;

(END) Dow Jones Newswires

January 07, 2019 10:55 ET (15:55 GMT)

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