Industry News

Selective Insurance Group, Inc. has announced that it will release its third quarter 2016 financial results after the market closes on Wednesday, October 26, 2016. The company will hold a conference call on Thursday, October 27, 2016 at 8:30 a.m. to discuss the results. This call will be webcast live and can be accessed on Selective's website at"/>
Selective Insurance Group, Inc. Schedules Earnings Release and Conference Call to Announce 3rd Quarter 2016 Results
Bank of America announced today a relending program to provide more than $400 million in long-term, low-cost financing for community development financial institutions working in impoverished rural and Native American communities. The Uplift America..."/>
USDA and Bank of America Partner to Launch Community Facilities Relending Program to Assist Impoverished Neighborhoods
Janus Capital Group Inc. in connection with the proposed acquisition of the Company by Henderson Group Plc.. On October 3, 2016, the Company announced that it had reached a definitive agreement for Henderson to acquire all outstanding shares of JNS in a stock-for-stock transaction. Under the terms of the agreement, JNS..."/>
Janus Capital Group Inc. Acquisition May Not Be in the Best Interests of JNS Shareholders
Morgan Stanley Global Private Equity announced today that they have completed an investment in 24 Seven, Inc., one of North America’ s largest creative and digital human capital management firms. MSPE is partnering with the founder, Celeste Gudas, and the current management team who will remain in place and retain a significant equity stake. 24 Seven is one of North America’ s preeminent human capital management firms specializing in the..."/>
Morgan Stanley Global Private Equity Completes Investment in 24 Seven
Washington Trust Bancorp, Inc., the publicly owned holding company of The Washington Trust Company, will release third quarter 2016 earnings and host a conference call with the Corporation’ s executives as follows:. ABOUT WASHINGTON TRUST BANCORP, INC. Washington Trust Bancorp, Inc. is the parent of The Washington Trust Company, with $3.9 billion in assets as of June 30, 2016. Founded in 1800, Washington Trust is the oldest community bank in the nation, the..."/>
Washington Trust Announces Date of Third Quarter 2016 Earnings Release, Conference Call and Webcast
DSA Financial Corporation John P. Young, President and Chief Executive Officer of DSA Financial, announced today that the Company’ s board of directors has declared a dividend on its common stock of $0.11 per share. The dividend is payable on November 8, 2016 to stockholders of record as of October 24, 2016.. DSA Financial also announced its financial results for the first quarter of fiscal year 2017."/>
DSA Financial Corporation Declares a Quarterly Dividend and Reports Earnings for the First Quarter Ended September 30, 2016
HDFC Bank Ltd, Kotak Mahindra Bank Ltd and Federal Bank Ltd, recently sent out SMSs asking some customers to change the personal identification number of their debit cards immediately. An SMS from a private bank to one such customer read, "With the spike in fraudulent transactions at ATMs in banks, your debit card ending XXXX could have been compromised. To protect your account, we advise you to change your PIN immediately."/>
How to deal with ATM card frauds [Mint, New Delhi]
How EPFO's equity hike will impact you [Mint, New Delhi]
Point Capital and senior..."/>
Everstone, Sunrise BPO to buy C3 for $150 million [Mint, New Delhi]
Orient Cement Ltd, part of the CK Birla Group, on Thursday said it has agreed to acquire a 74% stake in Jaiprakash Associates Ltd's unit Bhilai Jaypee Cement Ltd for an enterprise value of Rs.1, 450 crore, in a move to expand business to newer states. Orient Cement also said it will acquire the 2 million tonne per annum Nigrie Cement grinding unit in Madhya Pradesh from another Jaypee Group company, Jaiprakash Power Ventures Ltd, for an enterprise value of Rs.500 crore."/>
Orient Cement to buy two cement assets from Jaypee Group for Rs1,950 crore [Mint, New Delhi]
Nasdaq MarketSite in Times Square. In honor of the occasion, classical pianist Lang Lang will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Lang Lang International Music Foundation to Ring The Nasdaq Stock Market Opening Bell
Mortgage Rates Largely Unchanged
WisdomTree Investments, Inc., an exchange-traded fund and exchange-traded product sponsor and asset manager, announced today that it plans to release its third quarter results on October 28, 2016 at 7:00 a.m. ET. A conference call to discuss the firm's results will be held at 9:00 a.m. ET.. The call and accompanying presentation will be accessible as a webcast on the Investor Relations section of WisdomTree's web site at..."/>
WisdomTree Schedules Earnings Conference Call for Q3 on October 28, 2016 at 9:00 a.m. ET
Teva Pharmaceutical Industries Ltd. today announced that it has agreed to sell assets and operations of Actavis Generics in the UK and Ireland to Accord Healthcare Limited for pound603 million, subject to final approval from the European Commission. The divestment of certain Actavis Generics assets and operations in the UK and Ireland was part of a commitment made by Teva to the European Commission following the acquisition of Actavis Generics by Teva earlier this..."/>
Teva sells Actavis UK, Ireland assets for pound603m [Globes, Tel Aviv, Israel]
M&T Bank has launched a new mortgage subsidy program allowing qualifying homebuyers who are purchasing or refinancing properties in targeted neighborhoods within 12 New Jersey counties, and certain counties in other states, to receive assistance that can exceed USD10, 000, the company said. The program is available for purchasing or refinancing properties in US Census tracts where more than 50 percent of residents are African-American and/or..."/>
M&T Bank launches new mortgage subsidy program in New Jersey
VolitionRx Limited closes on public offering
Alleghany Capital Corporation, a subsidiary of Alleghany Corporation, announced that Bourn& Koch has acquired Olympia, Washington-based Diamond Technology Innovations, the company said. DTI is a manufacturer of waterjet orifices and nozzles as well as related products. Reynolds Advisory Partners, a Los Angeles-based boutique investment bank, represented DTI in the Transaction and Blue River Financial Group, Inc. identified the opportunity for Alleghany Capital."/>
Bourn & Koch buys Diamond Technology Innovations
SVG Capital intensified last night as Goldman Sachs and Canada Pension Plan Investment Board made a joint offer to buy the business. SVG said it was urgently examining the bid but did not say how much cash was on the table. Bidding was kicked off by US rival HarbourVest late last month, but SVG urged shareholders to reject the surprise pounds sterling 1 bn proposal and came up with an alternative plan to sell half its portfolio to Pomona..."/>
Two more bidders battle for pounds sterling 1bn takeover of SVG [Daily Mail, London]
Daily Mail, London, Alex Brummer column [Daily Mail, London]

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