Industry News

MGM Resorts International closed on the previously announced acquisition of Boyd Gaming Corporation's interest in Borgata Hotel Casino& Spa in Atlantic City, New Jersey for approximately $900 million. Cash proceeds paid to Boyd Gaming for its interest were $589 million, after customary working capital adjustments and consideration of Borgata's outstanding debt of $575 million. A portion of this debt was refinanced and then assumed by MGM..."/>
MGM Resorts International Completes Acquisition Of Boyd Gaming's Interest In Borgata Hotel Casino & Spa
Newtek Business Services Corp.,, an internally managed business development company, today announced that Newtek Small Business Finance, LLC, its lending subsidiary, funded $75.8 million of SBA 7 loans for the quarter ended June 30, 2016, a 40.6% increase over $53.9 million for the quarter ended June 30, 2015. For the six months ended June 30, 2016, SBA 7 loan fundings increased by 27.4% to $131.9 million, compared to $103.5 million for the same period one year..."/>
Newtek Reports an Approximate 41% Year-Over-Year Increase in SBA 7(a) Loan Fundings to $75.8 Million for the Second Quarter of 2016
National Commerce Corporation, the parent company of National Bank of Commerce, is scheduled to present at the upcoming Keefe, Bruyette& Woods Community Bank Investor Conference in New York, New York. NCC executives will make a presentation beginning at 9:00 a.m. Central Time on Wednesday, August 3, 2016. Investors may access a live listen-only webcast of the event by visiting www.nationalbankofcommerce.com, and then clicking on the“ Investor..."/>
National Commerce Corporation to Participate in Keefe, Bruyette & Woods 2016 Community Bank Investor Conference
KeyCorp took a bold step last fall when it announced a deal to buy First Niagara Financial Group. Nine months later, the Cleveland-based bank has successfully pulled off the feat, with the deal set to take effect Monday. The bank won over shareholders, regulators, community groups and elected officials."/>
How Key brought First Niagara deal to the finish line [The Buffalo News, N.Y.]
MFA Financial, Inc. plans to host a live audio webcast of its investor conference call on Wednesday, August 3, 2016, at 10:00 a.m. to discuss its second quarter 2016 financial results, which are scheduled to be announced earlier that day. The live audio webcast will be accessible to the general public over the internet at http://www.mfafinancial.com by clicking on the "Webcasts& Presentations" link on MFA's home page. To listen to the conference..."/>
MFA Financial, Inc. Plans Live Audio Webcast of Second Quarter 2016 Earnings Conference Call
Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announce the appointment of Kevin E. Beisswenger, Senior Managing Director, Commercial Lending at Peapack-Gladstone Bank. Kevin brings to the Bank over 25 years of automotive financial industry experience with an established track record in sales and new business development. He will pursue growth of the Bank's commercial and industrial lending business, expanding presence..."/>
Kevin E. Beisswenger Joins Peapack-Gladstone Bank
Elbit Imaging Ltd. announced today, that Plaza Centers N.V., an indirect subsidiary of the Company, has signed a non-binding Letter of Intent with a global investment fund regarding the sale of the Torun Plaza and Suwa?ki Plaza shopping and entertainment centres in Poland. The Portfolio comprises a total of approximately 60,000 sqm of Gross Lettable Area. The total agreed value of the Portfolio is €121 million, subject to adjustments on the basis of..."/>
Elbit Imaging Announces Signing a Non-Binding LOI Regarding the Sale of Torun Plaza and Suwa?ki Plaza Shopping and Entertainment Centres in Poland, by Its Subsidiary, Plaza Centers
ARMOUR Residential REIT, Inc. announced today that it will provide an online, real-time webcast of its conference call with equity analysts covering second quarter 2016 operating results on Wednesday, August 3, 2016. The Company will issue its second quarter 2016 earnings release after the close of trading on Tuesday, August 2, 2016.. The live broadcast will be available at https://www.webcaster4.com/Webcast/Page/896/16523 on August 3,..."/>
ARMOUR Residential REIT, Inc. Second Quarter Webcast Scheduled for August 3, 2016
Town and Country Financial Corporation reported second-quarter operating income of $1.2 million, or $0.42 per share, a 45% increase from $831 thousand, or $0.30 per share in the second-quarter of 2015.. The current quarter’ s reported earnings were impacted by data processing conversion and other acquisition expenses related to recent bank and branch acquisitions. These one-time costs totaled $451 thousand after-tax, compared with no..."/>
Town and Country Financial Corporation Reports Second-Quarter Net Income
Teton Advisors, Inc. today announced the launch of the TETON Convertible Securities Fund that will be managed by the convertible securities team at Gabelli Funds, bringing 80 years' experience, collectively, and an impressive long term track record in researching and investing in convertibles. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160801005874/en/."/>
Teton Advisors Announces Launch of TETON Convertible Securities Fund
Security Federal Corporation, parent company of Security Federal Bank, announced that a quarterly dividend of$. 08 per share will be paid on or about September 15, 2016 to shareholders of record as of August 31, 2016.. This is the one hundred third consecutive quarterly dividend to shareholders since the Bank's conversion in October of 1987 from a mutual to a stock form of ownership. The dividend was declared as a result of the Bank's continued profitability."/>
Security Federal Corporation Announces Cash Dividend
Templeton Global Income Fund today announced its regular monthly dividend from net investment income of $0.025 per share, payable on August 31, 2016, to shareholders of record on August 17, 2016. The Fund's investment manager, Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global..."/>
Templeton Global Income Fund ("GIM") Announces Dividend
HomeTrust Bancshares, Inc., the holding company for HomeTrust Bank, will visit the Nasdaq MarketSite in Times Square. In recognition and celebration of HomeTrust Bank’ s 90 th anniversary, Dana Stonestreet, Chairman, President,& CEO, will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
HomeTrust Bancshares, Inc. (Nasdaq: HTBI) to Ring The Nasdaq Stock Market Closing Bell
Condor Hospitality Trust, Inc., a hotel-focused real estate investment trust headquartered and incorporated in the state of Maryland, today announced that it has entered into a joint venture agreement with Three Wall Capital to acquire the 254 room Aloft Atlanta located in downtown Atlanta at 300 Spring St NW, Atlanta, GA 30308. Through its operating partnership subsidiary, Condor will own 80% of the joint venture with Three Wall Capital owning the remaining 20% of the joint..."/>
Condor Hospitality Trust Announces Joint Venture to Acquire Aloft Atlanta Downtown
First Bancshares, Inc., holding company for The First, A National Banking Association, will make a presentation to bank stock analysts and investors at the Keefe, Bruyette& Woods 2016 Community Bank Investor Conference being held at The Waldorf Astoria Hotel, New York City, Tuesday, August 2, 2016 at 10:30 a.m. Eastern Time. A live webcast of the presentation will be available at the company’ s website www.thefirstbank.com under the Investor Relations..."/>
The First Bancshares, Inc. Officers to Present at Keefe, Bruyette & Woods 2016 Community Bank Investor Conference
Affiliated Managers Group, Inc. today reported its financial and operating results for the second quarter and six months ended June 30, 2016.. For the second quarter of 2016, diluted earnings per share were $1.97, compared to $2.31 for the same period of 2015, and Economic earnings per share were $3.06, compared to $3.08 for the same period of 2015."/>
AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2016
Nasdaq MarketSite in Times Square in celebration of their 25 th year listing anniversary. In honor of the occasion, Philip Pead, President and Chief Executive Officer, will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Progress (Nasdaq: PRGS) to Ring The Nasdaq Stock Market Opening Bell
Arbor Realty Trust, Inc., today announced that its Board of Directors has declared cash dividends on the Company’ s Series A, Series B and Series C cumulative redeemable preferred stock reflecting accrued dividends from June 1, 2016 through August 31, 2016. The dividends are payable on August 31, 2016 to preferred stockholders of record on August 15, 2016. The Company will pay total dividends of $0.515625, $0.484375 and $0.53125 per share on the Series A,..."/>
Arbor Realty Trust Declares Preferred Stock Dividends
Norwood Financial Corp., the holding company for Wayne Bank, announced today that that it had completed its acquisition of Delaware Bancshares, Inc. and its wholly-owned subsidiary, NBDC Bank effective as of July 31, 2016. NBDC Bank has been merged into Wayne Bank. At their election, Delaware shareholders are receiving either $16.68 in cash or 0.6221 shares of Norwood common stock for each share of Delaware common stock held subject to the allocation and..."/>
Norwood Financial Corp. Completes Acquisition Of Delaware Bancshares, Inc.
Health Insurance Innovations, Inc., a leading developer, distributor, and virtual administrator of affordable health plans, will announce its second quarter 2016 financial results on Monday, August 8, 2016, after market close. The announcement will be followed by a live earnings conference call on Tuesday, August 9, 2016, at 8:30 a.m. Eastern time.. The conference call can be accessed live over the phone by dialing 1-877-407-9039, or for international..."/>
Health Insurance Innovations, Inc. To Announce Second Quarter 2016 Financial and Operating Results on August 9, 2016
RLJ Lodging Trust, today announced that the Board of Trustees has appointed Ross H. Bierkan as President and Chief Executive Officer of the Company and Leslie D. Hale as Chief Operating Officer of the Company. Bierkan has been elected to the Company’ s Board of Trustees. Bierkan was initially appointed as interim President and Chief Executive Officer in May 2016 following the departure of Thomas J. Baltimore, Jr."/>
RLJ Lodging Trust Announces the Appointment of Ross H. Bierkan as President and Chief Executive Officer and Leslie D. Hale as Chief Operating Officer

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