Industry News

DDR Corp., a real estate investment trust that owns and manages value-oriented, open-air retail shopping centers, is using OpenText as its central content repository across all its locations in the United..."/>
DDR Corp. Chooses OpenText to Centralize Content throughout the Organization
Pacific Financial Corporation, the holding company for Bank of the Pacific today reported net income increased 28% to $1.8 million, or $0.17 per share, for the second quarter of 2016, compared to $1.4 million, or $0.13 per share for the first quarter of 2016, and grew 11% from $1.6 million, or $0.15 per share, for the second quarter of 2015. For the first six months ended June 30, 2016, net income was $3.1 million, or $0.30 per share, compared to $2.7 million, or..."/>
Pacific Financial Corp. Earnings Grow 17% Year-to-Date; 2Q16 Earnings Increase 11% Year-over-Year; Fueled by Loan Growth, Stable Net Interest Margin and Increases in Noninterest Income
Summit State Bank today reported net income for the quarter ended June 30, 2016 of $1,254,000 and diluted earnings per share of $0.26. A quarterly dividend of $0.12 per share was declared for common shareholders.. The Board of Directors declared a $0.12 per share quarterly dividend to be paid on August 26, 2016 to shareholders of record on August 18, 2016.."/>
Summit State Bank Reports Net Income for Second Quarter 2016 and Declaration of Dividend
Sun Bancorp, Inc. Recorded negative provision for loan losses of $1.7 million in second quarter due to sustained..."/>
Sun Bancorp, Inc. Announces Second Quarter Earnings: Net Income of $3.0 Million, or $0.16 per Diluted Share; Declares Quarterly Common Cash Dividend of $0.01 - First in Company's History
Sotherly Hotels Inc. today announced that its Board of Directors has declared a quarterly cash dividend of $0.095 per common share of beneficial interest. The quarterly dividend will be paid on October 11, 2016 to shareholders of record as of September 15, 2016.. About Sotherly Hotels Inc. Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale..."/>
Sotherly Hotels Inc. Announces Increase to Quarterly Dividend
Ellie Mae ®, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced today an enhanced integration with First American Title Insurance Company, one of the largest title insurers in the nation, to enable rate and fee quoting, title and settlement..."/>
Ellie Mae Expands Integration with First American Title Insurance Company to Streamline Title and Closing Experience
Yahoo for pounds sterling 3.7 bn. Verizon said the deal will create a company with a billion customers and more than 25 brands. It will merge Yahoo with AOL, for which it paid pounds sterling 3.4 bn last year."/>
Daily Mail, London, business briefs column [Daily Mail, London]
Morgan Stanley today announced that Dennis M. Nally has been elected to the Company’ s Board of Directors, effective October 1, 2016.. Nally, 63, is the former Chairman of PricewaterhouseCoopers International Ltd. Prior to that, he was the Chairman and Senior Partner of the U.S. firm of PricewaterhouseCoopers LLP. James Gorman, Chairman and CEO of Morgan Stanley, said,“ I am very pleased to welcome Mr."/>
Dennis M. Nally Elected to Morgan Stanley Board of Directors
Nasdaq Last Sale to ensure that stock market consumers get the most accurate data, ideas, and real-time stock notifications available, delivered directly to their mobile devices. SparkFin users will benefit from the single largest liquidity pool for US cash-listed equities in a reliable..."/>
Sparkfin to Provide Nasdaq Last Sale Real-Time Market Data
FelCor Lodging Trust Incorporated today reported results for the second quarter ended June 30, 2016.. Same-store RevPAR increased 2.6% over the same period in 2015. Net income was $13.8 million, and net income per share was $0.05. Adjusted FFO per share increased 14% to $0.32 over the same period in 2015. Adjusted EBITDA increased $2.7 million to $72.4 million over the same period in 2015. Selling two hotels for aggregate gross..."/>
FelCor Reports Second Quarter 2016 Earnings
Cumulus Media's 100.7 WLEV and CAT Country 96 are partnering with CareerLink, Sands Casino Resort, the Greater Lehigh Valley Auto Dealers Association, Yocco's and Phillips Pet Food& Supplies for the event."/>
Job fair to be held today at the Lehigh Valley Mall [The Morning Call (Allentown, Pa.)]
Triangle Capital Corporation today announced that it has priced an underwritten public offering of 6,250,000 shares of common stock. The public offering price was set at $19.90 per share, and net proceeds from the offering, after deducting underwriting discounts and estimated offering expenses payable by the Company, are expected to be approximately $119.6 million. The Company intends to use the net proceeds of this public offering to make..."/>
Triangle Capital Corporation Announces Pricing of Public Offering of Common Stock
Medical Properties Trust, Inc. today announced it will host a conference call and webcast on Thursday, August 4, 2016 at 11:00 a.m. Eastern Time to discuss the company’ s second quarter 2016 financial results. A press release with second quarter 2016 financial results will be issued before the market opens on August 4, 2016.. The dial-in numbers for the conference call are 855-365-5214 and 440-996-5721; both numbers require passcode 48570788."/>
Medical Properties Trust, Inc. Announces Second Quarter 2016 Financial Results Conference Call and Webcast
Fiera Capital Corporation announced today that it will issue its financial results for the second quarter of 2016 on Friday, August 5, 2016 after markets close. A conference call hosted by Sylvain Brosseau, Global President and Chief Operating Officer, and John Valentini, Executive Vice-President and Chief Financial Officer, will be held Monday August 8 at 10:30 a.m. to discuss the results. The conference call will be open to questions from..."/>
Fiera Capital to announce financial results for the second quarter of 2016 on August 5, 2016
Camden National Corporation, a $3.9 billion bank holding company headquartered in Camden, Maine, reported net income for the second quarter of 2016 of $9.6 million and diluted earnings per shares of $0.92 per share, representing an increase over the first quarter of 2016 of 11% and 10%, respectively. Total revenues 1 for the second quarter of 2016 reached $39.1 million, representing a 9% increase over prior quarter, and operating expenses..."/>
Camden National Corporation Reports An 11% Increase In Second Quarter 2016 Net Income
American Hotel Income Properties REIT LP announced today the completion of its previously announced public offering of 10,000,400 limited partnership units, on a bought deal basis, at a price of Cdn $10.35 per Unit, for total gross proceeds of Cdn $103.5 million."/>
American Hotel Income Properties REIT LP Announces Completion of CDN$103.5 Million Bought Deal
Peoples Bancorp Inc. today announced results for the quarter and six months ended June 30, 2016. Net income totaled $8.0 million for the second quarter of 2016, representing earnings per diluted common share of $0.44. In comparison, earnings per diluted common share were $0.44 for the first quarter of 2016 and $0.27 for the second quarter of 2015."/>
Peoples Bancorp Inc. Reports Second Quarter Net Income Of $0.44 Per Share
IIROC Trade Resumption - KDX; ACR.UN; IAC.A
IEG Holdings Corporation announced today that its second quarter revenue increased in 2016 to a record high $545,356, up 19% from $456,726 in 2015, driven by continued strong loan volume growth. It also announced six-month revenue increased in 2016 to a record high $1,070,328, up 34% from $797,062 in 2015. Since January 2015, cumulative loan volume has increased by 140% from $5,549,023 to $13,314,023 as of June 30, 2016.. IEGH's rapid loan volume growth..."/>
IEG Holdings Corporation Announces Mr. Amazing Loans Record Quarterly Revenue

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