Industry News

Hindustan Unilever Ltd, will announce its first quarter earnings on Monday. While the revenues in the June quarter are likely to be slightly better than that in the preceding quarter, it would be interesting to see if the company bucks the trend of anemic sales growth which is expected for the sector. "Our consumer universe has exhibited lacklustre sales momentum in the first quarter of fiscal 2017..."/>
What to look for in HUL's first quarter results [Mint, New Delhi]
Castex Technologies Ltd, the debt-laden Amtek Auto Ltd firm, in a joint lending forum has proposed a strategic debt restructuring, Castex said in a statement on Monday. It was in response to an article published in the Economic Times on 15 July 2016.. The proposed SDR, Castex said, is under consideration and subject to in-principal approval of lenders."/>
BRIEF: Castex lenders propose strategic debt restructuring [Mint, New Delhi]
IIFL Holdings Ltd and existing investor Accel Partners, the company said in a statement on Monday. The round also saw participation from another new investor, Singapore-based venture capital fund RB Investments, besides existing investors Kalaari Capital and IvyCap Ventures. BlueStone, owned by Bluestone Jewellery and Lifestyle Pvt."/>
BlueStone raises Rs200 crore in Series D round [Mint, New Delhi]
ARM Holdings for $32.4 billion. SoftBank Group Corp. has agreed to buy ARM Holdings Plc for $32.4 billion in cash, a deal that would be the Japanese company's biggest-ever acquisition, The Financial Times reported."/>
Deals Buzz: Govt may sell SUUTI's stake in ITC; Mytrah plans to raise up to $300 mn [Mint, New Delhi]
FirstService Corporation announced today that it will release its financial results for the second quarter ended June 30, 2016 by press release on Wednesday July 27, 2016 at approximately 7:30 am ET.. The conference call to review these financial results will take place at 11:00 am ET on Wednesday July 27, 2016, and will be hosted by D. Scott Patterson, CEO, and Jeremy Rakusin, CFO. The number to use for this call is 416-623-0333 for Toronto area callers or..."/>
FirstService to Announce Second Quarter Results on July 27, 2016
AvalonBay Communities, Inc. announced today that Richard J. Lieb has been appointed to the Board of Directors effective September 13, 2016.. Since July 1, 2016, Mr. Lieb has been a Senior Advisor of Greenhill& Co., LLC, a publicly traded investment bank."/>
AvalonBay Communities, Inc. Announces Appointment of Richard J. Lieb to Board of Directors
Franklin Street Properties Corp., a real estate investment trust, announced today that it expects to release its results for the second quarter 2016 after the market closes on Tuesday, July 26, 2016. The Company will hold a conference call/webcast with the investment community to discuss the results at 10:00 AM ET on Wednesday morning, July 27, 2016.. To access the call, please dial 1-877-507-4376. Internationally, the call may be accessed by dialing..."/>
Franklin Street Properties Corp. to Announce Second Quarter 2016 Results
Syncora Holdings Ltd. today announced that its wholly owned, New York financial guarantee insurance subsidiary, Syncora Guarantee Inc., has settled a dispute with an originator of RMBS in relation to an insured RMBS-related transaction that was not the subject of litigation, in return for a cash payment of $40 million. The settlement is expected to increase SHL's GAAP net income and shareholders' equity by $40 million and is expected..."/>
Syncora Guarantee Inc. Settles Its Dispute With RMBS Originator
Realogy Holdings Corp., the largest full-service residential real estate services company in the United States, will release its financial results for the second quarter ended June 30, 2016 on Thursday, August 4, 2016 prior to the company's webcast scheduled for 8:30 a.m. on the same day. The webcast will be hosted by Richard A. Smith, chairman, chief executive officer and president, and Anthony E. Hull, executive vice president, chief..."/>
Realogy To Release Second Quarter 2016 Financial Results And Host Webcast On August 4, 2016
BBCN Bancorp, Inc., the holding company of BBCN Bank, today reported net income of $23.4 million, or..."/>
BBCN Bancorp Reports Solid Financial Results for 2016 Second Quarter
Presidential Realty Corporation, a Delaware real estate investment trust, today announced that the parties have executed a Letter of Intent. The Letter of Intent relates to a proposed transaction pursuant to which Presidential would acquire substantially all of the assets of FCRETI in exchange for newly issued shares of Presidential. Suneet Singal, CEO of First Capital, stated that, "This..."/>
First Capital Real Estate Trust Incorporated and Presidential Realty Corporation Announce a Proposed Strategic Transaction
ServisFirst Bancshares, Inc., today announced earnings and operating results for the quarter and six months ended June 30, 2016.. Net income of $38.8 million and diluted EPS of $1.46 for the six months ended June 30, 2016 Diluted EPS of $0.71 for second quarter of 2016, a 31% increase year over year Core diluted EPS* for the six months ended June 30, 2016 increased 33% year over year as 2015 results were impacted by acquisition expenses Loans..."/>
ServisFirst Bancshares, Inc. Announces Results For Second Quarter of 2016
First Niagara Financial Group, Inc. today announced that the Company’ s Board of Directors declared a quarterly dividend of eight cents per share on outstanding FNFG common stock.. The Company’ s Board of Directors also declared a quarterly preferred stock dividend of $0.539063 per share on its fixed-to-floating rate perpetual non-cumulative preferred stock, Series B. Both dividends will be payable on August 15, 2016 to shareholders of record on July..."/>
First Niagara Financial Group, Inc. Declares Dividend and Announces Date for Second Quarter Earnings Release
Colliers International Group Inc. announced today that it will release its financial results for the second quarter ended June 30, 2016 by press release on Tuesday, July 26, 2016 at approximately 7:30 am ET.. The conference call to review these financial results will take place at 11:00 am ET on Tuesday, July 26, 2016, and will be hosted by Chairman& CEO, Jay S. Hennick, and CFO, John Friedrichsen. The number to use for this call is 416-623-0333 for Toronto area..."/>
Colliers International to Announce Second Quarter Results on July 26, 2016
Starbucks' shelves-- at least for now. Starbucks launched a trial run with the 1871- based company Thursday, adding two flavors of its organic snack bars-- Cho-Coco and Coconut-- to its offerings in multiple locations, a Starbucks spokeswoman confirmed. Starbucks would not comment on quantity of the product, how many stores Simple Squares will appear in or how long the trial will last."/>
Starbucks starts selling Chicago-based Simple Squares snack bars [Blue Sky, Chicago]
Bluerock Residential Growth REIT, Inc. announced today that it has acquired a leasehold interest in the Class A, 336- unit, mixed-use Tenside Apartment Homes in Atlanta, Georgia to be rebranded the Arium Westside. The Company acquired the property through a joint venture for a total purchase price of approximately $74.5 million, or approximately $197,900 per residential unit and $205 per square foot of retail space. The property was built in..."/>
Bluerock Residential Growth REIT Acquires 336-Unit Mixed Use Apartment Community in Atlanta
Nasdaq, the world's leading provider of market technology, was recently selected as' Best Market Surveillance Provider' by Waters Technology's 2016 Waters Rankings. This is the fourth consecutive win for Nasdaq’ s SMARTS Trade Surveillance product, which is currently used by over 120 market participants across 139 global markets and across all asset classes. Each year, Waters Rankings awards 30 winners in five sections: Trading Services; Trading Tools; Data..."/>
Nasdaq Wins 'Best Market Surveillance Provider'
National Security Group, Inc., declared a quarterly dividend of $0.045 per share. This cash dividend is payable on August 31, 2016, to shareholders of record August 8, 2016.. The National Security Group, Inc., through its property& casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states."/>
The National Security Group, Inc. Declares Cash Dividend
AFI Development" for an amount that according to market estimates will be about NIS 550 million, valuing AFI Development at nearly NIS 900 million,..."/>
Leviev in talks on buying Africa-Israel's AFI stake [Globes, Tel Aviv, Israel]

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