Industry News

Marketing Alliance, Inc., today announced financial results for its fiscal 2017 first quarter ended June 30, 2016.."/>
The Marketing Alliance Announces Financial Results for Its Fiscal 2017 First Quarter Ended June 30, 2016
PRA Group, Inc., a global leader in acquiring and collecting nonperforming loans, will present to investors attending the JMP Securities Financial Services and Real Estate Conference on Tuesday, Sept. 27, 2016 at 3 p.m. A webcast of the presentation will be available at PRA Group's Investor Relations website, http://ir.pragroup.com/events. cfm. The PowerPoint presentation will consist of slides previously posted to the website on Sept. 14, 2016.."/>
PRA Group to Present at the JMP Securities Financial Services and Real Estate Conference
New Mountain Finance Corporation announced on Tuesday that it intends to commence an underwritten offering of USD35m in total, of additional 5.00% unsecured convertible notes due 2019, subject to market and other conditions. The company said it will grant the underwriters an option to buy up to USD5.25m more total of the notes, which constitute a further issue of, rank equally in right of payment with and form a single series with the USD115m total amount of the 5.00% unsecured..."/>
New Mountain Finance intends offering of USD35m additional convertible notes due 2019
Newcastle Investment Corp on Tuesday disclosed a new executive leadership team to help execute its strategies in its traditional golf business and Drive Shack, an innovative global golf entertainment company. Also, the company said that it received a USD110m legacy real estate loan repayment, due to the closing of the sale of a luxury travel company Abercrombie& Kent, which supported the obligations under the loans on 23 September 2016. The company will apply these proceeds to..."/>
Newcastle names new executive leaders to execute growth in Golf business with receipt of about USD110m legacy real estate loan repayment
PennyMac Mortgage Investment Trust disclosed on Tuesday that its board of trustees approved a common stock cash dividend of USD0.47 per share for the third quarter of 2016.. All shareholders of record as of 7 October 2016 will be paid the dividend on 27 October 2016.. A speciality finance company, PennyMac invests mainly in residential mortgage loans and mortgage-related assets. it invests primarily in the US and operates in two segments, Correspondent Production and..."/>
PennyMac Mortgage announces Q3 2016 dividend of USD0.47 per share
FactSet Research Systems Inc., a leading provider of integrated financial information and analytical applications, today announced its results for the fourth quarter of fiscal 2016.. For the quarter ended August 31, 2016, revenues grew to $287.3 million. Operating income rose to $87.7 million compared to $85.7 million in the prior year period."/>
FactSet Reports Revenue Growth of 9.7%, Adjusted EPS Up 11.9% in Fourth Quarter 2016
Opus Bank announced today that it will report its financial results for the third quarter ending September 30, 2016 before the market opens on Monday, October 24, 2016. Stephen H. Gordon, Founding Chairman, CEO& President; Michael Allison, Director, Co-President and President of the Commercial Bank; and Nicole Carrillo, EVP and Chief Financial Officer; will host a discussion of the Bank’ s financial results and performance at 8:00 a.m. PT the same day."/>
Opus Bank Announces Third Quarter 2016 Earnings Release and Conference Call Date
New Mountain Finance Corporation announced today the pricing of $35 million in aggregate principal amount of additional 5.00% unsecured convertible notes due 2019. In addition, the Company has granted the underwriters of the Notes an option to purchase up to an additional $5.25 million in aggregate principal amount of the Notes. The closing of the offering is subject to customary closing conditions and is expected to take place on September 30, 2016."/>
New Mountain Finance Corporation Announces Pricing of $35 Million of Additional 5.00% Convertible Notes Due June 2019
Intercontinental Exchange revealed on Tuesday that ICE Clear Singapore has approved J. P. Morgan as a clearing member with immediate effect. Also, the company said it has been present in Singapore since 2000, serving global energy markets and recently, Asia-based trading activity in its benchmark commodity and interest rate products has been rising, with the region assuming a greater role in the global derivatives markets. Further, the company stated that ICE Clear..."/>
Intercontinental Exchange announces approval of J. P. Morgan as clearing member for ICE Clear Singapore
Eaton Vance Senior floating-rate trust and Eaton Vance senior income trust has reported the final results of its tender offer to repurchase up to 27 percent and 44 percent, respectively, of outstanding auction preferred shares, the company said. For each fund, the tender offer is at a price per share equal to 95 percent of the liquidation preference of USD25, 000 per share, plus any accrued but unpaid APS dividends. The Funds are managed by Eaton Vance Management, a subsidiary of Eaton..."/>
Eaton Vance Bank reports auction results of closed-end funds
Brookline Bancorp, Inc. president and CEO Russell Cole of the company's North Shore subsidiary First Ipswich Bank has announced he will retire effective October 1, the company said. James McCarthy of Middleton has been appointed to replace Cole. Previously, McCarthy was executive vice president and chief operating officer of Danvers Bancorp, Inc., the parent company for Danversbank, and has been a director of First Ipswich Bank since 2013."/>
First Ipswich Bank president/CEO to retire
Voya Financial, Inc. retirement business has been selected as the new record keeper for the City of Los Angeles deferred compensation plan, the company said. The City of Los Angeles deferred compensation plan is a voluntary 457 defined contribution plan that allows public employees of the city to set aside funds from each paycheck toward their retirement. As of June 30, 2016, the plan represented approximately USD4.9 billion in assets and more than 42,000 members."/>
Voya Financial selected as new service provider by City of Los Angeles
Ares Commercial Real Estate Corporation announced today that it provided $153 million in new floating rate, senior loan commitments across three different transactions. With the closing of these loan commitments, ACRE has originated more than $445 million of senior loan commitments so far in the third quarter."/>
Ares Commercial Real Estate Corporation Announces New Loan Closings

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Information Technology673 Articles
Consumer Discretionary590 Articles
Financials405 Articles
Industrials379 Articles
Health Care350 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.