Industry News

Ares Dynamic Credit Allocation Fund, Inc. announced the declaration of monthly distributions for the next three months of $0.1025 per common share, payable as noted below. Based on the Fund’ s current share price of $13.95, the distribution represents an annualized distribution rate of 8.82%. The distribution change this month was made in order to better align the Fund’ s distribution rate with its current level of earnings. Information regarding the distribution rate..."/>
Ares Dynamic Credit Allocation Fund Declares Monthly Distributions of $0.1025 Per Share
Eaton Vance Corp., announced today that UBS Financial Services plans to offer NextShares TM exchange-traded managed funds as part of its solutions set for clients. As a result, UBS will become the first full-service wealth manager to offer NextShares through its financial advisor network. In addition, UBS Asset Management plans to enter into an agreement with NextShares Solutions..."/>
UBS Plans to Offer NextSharesTM Exchange-Traded Managed Funds
Kemper Corporation announced today that the Ward Group named Kemper’ s subsidiary, United Insurance Company of America, to the 2016 Ward’ s 50 Top Performers list of life insurance companies. 2016 marks the sixth consecutive year that Kemper’ s life business achieved this status. “We are proud that Ward Group recognized our life insurance business for delivering outstanding performance once again,” said Mark A. Green, President of Kemper Life& Health Division.“ I want to thank..."/>
Kemper’s Life Business Receives Top Performer Award for Sixth Consecutive Year
Northern Trust Asset Management as senior Environmental, Social and Governance research analyst. Based in London, Kochetygova will drive ESG research across Northern Trust’ s array of asset class capabilities, working closely with other research teams and investment strategists."/>
Northern Trust Asset Management Expands ESG Team
LendingTree ®, a leading online loan marketplace, today released new survey data comparing the financial backgrounds of the 2016 electorate. Given this year's polarizing election cycle with financial and socioeconomic topics, such as minimum wage and education costs being at the front of many discussions, LendingTree decided to compare how different candidate and party supporters really were financially. LendingTree conducted..."/>
LendingTree Study Finds over Half of Both Party's Voters Suffer from Financial Superiority Bias
Federal Realty Investment Trust is pleased to announce the appointment of Dan Guglielmone to the position of Executive Vice President, Chief Financial Officer& Treasurer, effective August 15, 2016. Guglielmone will be a member of the Firm's Executive and Investment Committees and will be responsible for all capital markets activity along with east coast acquisitions. In addition, he will be responsible for the oversight of the..."/>
Federal Realty Investment Trust Welcomes Dan Guglielmone As Executive Vice President, Chief Financial Officer & Treasurer
Hospitality Properties Trust on Tuesday reported a regular common share distribution of USD0.51 per share for the quarter, which equals USD2.04 per share. The distribution will be paid to shareholders of record as of the close of business on 22 July 2016, on or about 18 August 2016.. Hospitality Properties is a real estate investment trust that owns a diverse portfolio of hotels and travel centres in 45 US states, Puerto Rico and Canada."/>
Hospitality Properties Trust declares quarterly dividend of USD0.51 per share
Moody's Corporation approved a regular common stock dividend of USD0.37 per share, the company reported on Tuesday. The dividend to stockholders of record at the close of business on 22 August 2016, will be paid on 12 September 2016.. Moody's provides credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets."/>
Moody’s announces dividend of USD0.37 per share for quarter
Colony Capital, Inc., a leading global real estate and investment management firm, has released its first annual Corporate Responsibility Report featuring an overview of Colony’ s sustainability programs, goals and performance in the context of Environmental, Social, and Governance principles. “We are pleased to report on..."/>
Colony Capital Releases First Annual Corporate Responsibility Report
Intact Financial Corporation will announce its 2016 second quarter results on Wednesday, July 27, at approximately 7:00 a.m. ET and host a conference call for analysts and investors at 11:00 a.m. ET the same day. Conference call participants will be Charles Brindamour, Chief Executive Officer; Louis Marcotte, Senior Vice President and Chief Financial Officer; Darren Godfrey, Senior Vice President Personal Lines; Alain Lessard, Senior Vice..."/>
Intact Financial Corporation to Release 2016 Second Quarter Results on July 27
Commerce Bancshares, Inc. announced earnings of$. 70 per common share for the three months ended June 30, 2016 compared to$. 65 per share in the prior quarter and$. 72 per share in the second quarter of 2015. Net income attributable to Commerce Bancshares, Inc. for the second quarter amounted to $69.9 million, compared to $65.4 million in the prior quarter and $74.4 million in the same quarter last year. For the quarter, the return on average assets was 1.15%, the return on..."/>
Commerce Bancshares, Inc. Announces Second Quarter Earnings Per Common Share of $.70
OTC Markets Group Inc., operator of financial markets for 10,000 U.S. and global securities, today announced Atlas Resource Partners, L.P., a master-limited partnership and an independent developer and producer of natural gas, crude oil and natural gas liquids, has qualified to trade on the OTCQX ® Best Market. Atlas Resource Partners, L.P. previously traded on the New York Stock Exchange. Atlas Resource Partners, L.P. begins trading today on OTCQX..."/>
OTC Markets Group Welcomes Atlas Resource Partners, L.P. to OTCQX
Select Income REIT raised its regular common shares cash distribution to USD0.51 per share, which equals an annual rate of USD2.04 per share, it disclosed on Tuesday. The distribution will be paid on or about 18 August 2016 to shareholders of record as of the close of business on 22 July 2016.. A real estate investment trust, Select Income owns properties that are net leased to single tenants mainly."/>
Select Income REIT declares higher USD0.51 per share dividend for quarter
Century Bancorp Inc reported on Wednesday for the quarter ended 30 June 2016 a net income of USD6.2m or USD1.12 per class A diluted share, up 5.3% compared to the net income of USD5.9m or USD1.06 per class A diluted share in the 2015 same quarter. The company's second quarter net interest income was USD18.3m, up from the net interest income of USD17.7m last year. Total other operating income was USD4.6m, an increase from the total other operating income of USD4.2m in the second..."/>
Century Bancorp reports 5.3% higher net income for Q2 2016 compared to 2015 and class A and B common stock dividends
Senior Housing Properties Trust on Wednesday released a regular quarterly cash distribution of USD0.39 per share on it common stock. Th dividend to shareholders of record as of the close of business on 22 July 2016, will be paid on or about 18 August 2016.. A real estate investment trust, the company primarily invests in senior housing properties in the US and invests in hospitals, nursing homes, senior apartments, independent living properties and assisted living properties."/>
Senior Housing Properties Trust declares dividend of USD0.39 per share for quarter
Government Properties Income Trust revealed on Tuesday a regular common shares cash distribution of USD0.43 per share, which equals an annual rate of USD1.72 per share. This distribution to shareholders of record as of the close of business on 22 July 2016 will be paid on or about 22 August 2016.. An equity real estate investment trust launched and managed by Reit Management& Research LLC, it invests, operates and maintains real estate assets in the US."/>
Government Properties Income Trust declares USD0.43 per share quarterly dividend
Berkshire Hills Bancorp, Inc. has appointed James "Jamie" M. Moses senior executive vice president, chief financial officer of the company and the bank, the company said. Moses joins Berkshire from Webster Bank where he served as senior vice president and asset/liability manager. Berkshire Hills Bancorp is the parent of Berkshire Bank has approximately USD7.8 billion in assets."/>
Berkshire Hills appoints chief financial officer
T. Rowe Price launches global consumer stock fund
SunTrust Banks, Inc. has named corporate treasurer and assistant treasurer to its finance team, the company said. Al Kolesar has been named corporate treasurer. He most recently served as leader of capital adequacy and resolution for SunTrust, and will oversee the company's liquidity, capital management, investment portfolio and balance sheet strategy."/>
SunTrust appoints new members to finance team
HCP executive chairman assume role of interim president/CEO
CommerceWest Bank has partnered with Tim Salmon and the Tim Salmon Foundation to serve at risk children and youth, the company said. Salmon founded the Tim Salmon Foundation during his playing days with the Angels. The foundation serves at risk children and youth of Concept 7 and Laurel House."/>
CommerceWest Bank partners with Tim Salmon Foundation to serve at-risk children and youth
KeyCorp has reported it plans to add 304 First Niagara branches to its new network following completion of the planned merger, the company said. The company's plan includes a focus on enhancing convenience and capabilities for clients. The new KeyBank branch network created by the merger will include 488 branches in upstate New York and in Connecticut, Massachusetts and Pennsylvania."/>
KeyBank expands branch network as part of First Niagara acquisition
Lazard Ltd will announce its second-quarter and first-half 2016 results in a press release to be issued Thursday morning, July 28, 2016.. The press release will be available on Lazard’ s website at: www.lazard.com. Lazard will host a conference call at 8:00 a.m. EDT on July 28, 2016, to discuss the company’ s financial results for the second quarter and first half of 2016."/>
Lazard to Announce Second-Quarter and First-Half 2016 Results

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