Industry News

United Development Funding IV today announced that a NASDAQ Hearings Panel has determined to continue the listing of the Trust’ s common shares on The NASDAQ Stock Market LLC. The Trust’ s continued listing is subject to the condition that, on or before September 12, 2016, the Trust evidence compliance with Nasdaq Listing Rule 5250 (c) by filing all necessary periodic reports with the Securities and Exchange Commission. The Trust must also be able to..."/>
NASDAQ Hearings Panel Approves Continued Listing of United Development Funding IV Shares
CommerceHub, a leading distributed commerce network for retailers and brands, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Frank Poore, Founder and CEO, will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
CommerceHub (Nasdaq: CHUBA, CHUBK) to Ring The Nasdaq Stock Market Opening Bell
Allied Minds, and Lockheed Martin are collaborating to apply HawkEye 360' s radio frequency detection and mapping technology in new markets. HawkEye 360 plans to deploy a constellation of small satellites in low-Earth orbit at less than 600 km from the Earth's surface, to identify, locate and analyze RF signals globally. Pending various regulatory approvals of this system and its capabilities,..."/>
Lockheed Martin and HawkEye 360 Collaborating to Bring Space-Based Radio Frequency Mapping and Analytics to New Markets
First Merchants Corporation reported record second quarter 2016 net income of $20 million, an increase of 11.3 percent, compared to $18 million during the second quarter of 2015. Earnings per share for the period totaled a record$. 49 per share, an increase of$. 02 per share, or 4.3 percent, over the same period in 2015. Year-to-date net income totaled $37.7 million, compared to $34.1 million during the same period in 2015."/>
First Merchants Corporation Announces Record Second Quarter 2016 Results
Trustmark Corporation reported net income of $21.5 million in the second quarter of 2016, representing diluted earnings per share of $0.32. Excluding a one-time charge related to a voluntary early retirement program, net income totaled $27.2 million, which represented $0.40 in diluted earnings per share. Trustmark’ s Board of Directors declared a quarterly cash dividend of $0.23 per share payable September 15, 2016, to shareholders of record on September..."/>
Trustmark Corporation Announces Second Quarter 2016 Financial Results
Virtus Investment Partners, Inc., which operates a multi-manager asset management business, today announced that it will release its financial results for the second quarter of 2016 before the market opens on Friday, July 29, 2016, followed by a conference call with the investment community at 10:00 a.m. Eastern hosted by George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and..."/>
Virtus Investment Partners To Announce Second Quarter 2016 Results on July 29
Isabella Bank Corporation, announced the Corporation's second quarter 2016 earnings results. The Corporation reported net income of $3.41 million for the quarter ended June 30, 2016.. "In the second quarter of 2016, Isabella Bank continued to deliver positive results with a large portion of our stated growth in our loan portfolio which increased $69.10 million over year-end," stated Jae Evans, Chief..."/>
ISBA Announces Second Quarter 2016 Earnings
Liberty Property Trust is under agreement to sell much of its holdings in the Great Valley Corporate Center, the pioneering Chester County business park that transformed Malvern and made the developer into a major regional office landlord. The company is selling 26 Great Valley properties, accounting for more than a million square feet of office and light-industrial space, to Horsham-based Workspace Property Trust, Liberty announced Monday. The properties are part..."/>
Liberty Property Trust to sell most Great Valley Corporate Center holdings in milestone for company [The Philadelphia Inquirer]
Black Knight Financial Services, Inc. reports the following "first look" at June 2016 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Total U.S. foreclosure pre-sale inventory rate: 1.10% Month-over-month change: -2.57% Year-over-year change: -29.35%. Total U.S. foreclosure starts: 69,300 Month-over-month..."/>
Black Knight Financial Services' First Look at June Mortgage Data: Foreclosure Starts Up for Second Consecutive Month; Prepays Rise on Historically Low Rates
CU Bancorp, the parent company of wholly owned California United Bank, today reported financial results for the second quarter of 2016.. Net income available to common shareholders increased to $6.3 million, up $354 thousand or 6% from the prior quarter Diluted earnings per share of $0.36, up 3% from the prior quarter Return on average tangible common equity of 10.93%, up from 10.75% in prior quarter Return on..."/>
CU Bancorp Reports Record Second Quarter Earnings of $6.6 Million Driven by Record Loan Growth and Revenues
UBS Announces Redemption of Nine ETNs
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
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
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
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

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