Industry News

Exchange Bank announced on Tuesday that it will pay a quarterly cash dividend of USD0.70 per share, increased by 27%, on the company's outstanding common stock. All shareholders of record at the close of business on 2 September 2016 will receive the dividend payment on 16 September 2016.. Additionally, the bank stated that 51% of its cash dividend goes to the Doyle Trust, which funds the Doyle Scholarships at the Santa Rosa Junior College."/>
Exchange Bank announces 27% higher quarterly dividend of USD0.70 per share
Santa Cruz County Bank has been ranked as the top bank in California for the second quarter in 2016 by Financial Management Consulting Group, the company said. The bank was ranked number one for lowest non-performing assets. FMC ranks banks on a quarterly and annual basis based on net interest margin, efficiency, asset quality and earnings."/>
Santa Cruz County Bank ranked top bank in California by FMC
WesBanco, Inc. has received all necessary regulatory approvals for the merger between WesBanco, Inc. and Your Community Bankshares, Inc., the company said. Shareholders of Your Community Bankshares approved the merger through adoption of the previously announced agreement and plan of merger, pursuant to which Your Community Bankshares will merge with and into WesBanco. WesBanco, Inc. is a multi-state bank holding company with total assets of approximately USD8.4 billion."/>
WesBanco receives regulatory approvals on merger with Your Community Bankshares
First National Bank honored as top workplace in Pittsburgh
PrivateBancorp, Inc. has declared a quarterly cash dividend of USD0.01 per share for the third quarter 2016, the company said. The dividend is payable on September 30, 2016, to stockholders of record on September 16, 2016.. PrivateBancorp, Inc., through its subsidiary The PrivateBank, delivers customized business and personal financial services to middle market companies through 34 offices in 12 states and."/>
PrivateBancorp declares quarterly cash dividend
Black Knight Financial Services reports that Georgia MLS has launched the Paragon MLS system, the company said. GAMLS extended its long-term partnership with Black Knight by signing a multi-year agreement to use Paragon, Black Knight's comprehensive, leading-edge MLS system that offers navigation, cross-browser compatibility, multi-tasking capabilities and access from mobile devices. Georgia MLS has provided real estate tools, services and education to real estate..."/>
Georgia MLS launches Black Knight's Paragon MLS System
FS Investments closes on Q2 2016 middle market commitments
Valley National Bancorp approved a cash dividend of USD0.390625 per share for the quarter on the company's 6.25% fixed-to-floating rate non-cumulative perpetual preferred stock series A, it revealed on Tuesday. This dividend will be paid on 30 September 2016 to shareholders of record on 9 September 2016.. Additionally, the board authorised a common stock cash dividend of USD0.11 per share that will be paid on 3 October 2016 to shareholders of record on 15 September 2016."/>
Valley National Bancorp announces preferred and common stock dividends for quarter
Jones Lang LaSalle Incorporated announced today that Christian Ulbrich, who has held the role of President since June, will now also assume the position of Chief Executive Officer, effective October 1, 2016. Ulbrich will succeed Colin Dyer, who will retire from JLL at the end of 2016 and step down from the CEO role on September 30, 2016. To ensure a smooth transition, Dyer will continue to guide the company's data, information and..."/>
JLL Appoints Christian Ulbrich President and CEO; Colin Dyer to Retire
Empire State Realty Trust, Inc., a real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced that an affiliate of Qatar Investment Authority has acquired a 9.9% interest in the Company on a fully diluted basis through a new $622 million investment. John B. Kessler, Empire State Realty Trust's President and Chief Operating Officer, stated, "We welcome QIA as an ESRT shareholder and see their..."/>
Empire State Realty Trust Announces $622 Million Investment by Qatar Investment Authority
Triangle Capital Corporation, a leading provider of capital to lower middle market companies, today announced that its board of directors has declared a quarterly cash dividend of $0.45 per share. This is the Company’ s 39 th consecutive quarterly dividend since its initial public offering in February, 2007.. The Company’ s dividend will be payable as follows:."/>
Triangle Capital Corporation Announces Quarterly Cash Dividend of $0.45 Per Share
Royal Bank of Canada announced today that its board of directors declared an increase to its quarterly common share dividend of two cents per share, or two per cent, to 83 cents per share, payable on and after November 24, 2016, to common shareholders of record at the close of business on October 26, 2016.. The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after November 24, 2016, to shareholders of..."/>
Royal Bank of Canada Declares Dividends
Prudential Financial on August 25 will release findings from one of the largest-ever surveys of the financial experience and behaviors among Asian Americans and Pacific Islanders. Among the report’ s highlights:. The Asian American financial experience is influenced in almost every aspect by the importance of family There are notable differences between various Asian American subgroups surveyed in areas such as levels of income, types of debt and ownership..."/>
Prudential Study Finds Asian Americans’ Financial Experience Most Influenced by Family
Royal Bank of Canada today reported record net income of $2,895 million for the third quarter ended July 31, 2016, up..."/>
Royal Bank of Canada Reports Record Third Quarter 2016 Results
Yintech Investment Holdings Limited, the largest online provider of spot commodity trading services in China by customer trading volume in both 2014 and 2015, today announced its unaudited financial results for the quarter ended June 30, 2016.. For the second quarter of 2016, Yintech’ s customer trading volume was RMB414.3 billion, a 126.4% increase compared to the second quarter of 2015. Yintech generated net commissions and fees in an amount of..."/>
Yintech Reports Second Quarter 2016 Unaudited Financial Results
Yintech Investment Holdings Limited, the largest online provider of spot commodity trading services in China by customer trading volume in both 2014 and 2015, today announced that it has entered into a definitive agreement to acquire 100% equity interest in Gold Master Company Limited, which, through its subsidiaries, offers online spot commodity trading services to individual customers in China on the Shanghai Gold Exchange.."/>
Yintech to Acquire the Second Largest Online Provider of Spot Commodity Trading Services in China
GEO Group, Inc. concerning possible violations of federal securities laws. To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com. No class has been certified in the above action."/>
IMPORTANT INVESTOR ALERT: Lundin Law PC Announces an Investigation of The GEO Group, Inc. and Advises Investors with Losses to Contact the Firm
Retail Opportunity Investments Corp. will issue financial and operational results for the third quarter ended September 30, 2016 after the market closes on Tuesday, October 25, 2016. The Company will conduct a conference call and audio webcast on Wednesday, October 26, 2016 at 9:00 a.m. Eastern Time/ 6:00 a.m. Pacific Time.. To access the conference, dial 312-8783, or 940-3874 at least ten minutes prior to the scheduled start of the call."/>
Retail Opportunity Investments Corp. Schedules Third Quarter Earnings Release and Conference Call
Far East Consortium International Limited is delighted to announce that the Group has signed a contract to purchase a key section of the Western Australia Government's Perth City Link project. The mixed-use development located adjacent to the Perth Arena will deliver more than 350 residential apartments and 250 hotel rooms managed by Dorsett on two prime lots. It is a major project being undertaken by the Western Australian government to..."/>
FEC Appointed as the Developer for Key Perth City Link Site Mixed-use Development to Add to City Vibrancy
CNOOC Limited today announced its interim results for the six months ended June 30, 2016.. In the first half of the year, all businesses of the Company including exploration and development have made steady progress. Regarding exploration, the Company made six new discoveries and drilled 26 successful appraisal wells."/>
Cost Control Measures Achieve Remarkable Results Steady Progress in All Businesses in 1H 2016
Barclays Capital PLC had reached a joint settlement of $25.6 million, in..."/>
Wells Fargo, Barclays Capital settle for $25.6M in 38 Studios lawsuit [The Providence Journal, R.I.]

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