Industry News

Rural Electrification Corp. and urged states not to distinguish between those above and below the poverty line while giving power connections. Poor households do not have to make an upfront payment to meet the cost of laying wires to their homes, but others have to. This payment requirement often..."/>
Centre promises funds for last mile electrification [Mint, New Delhi]
BlackRock head of asset allocation."/>
Chicago Tribune Gail MarksJarvis column [Chicago Tribune]
Qatar Airways orders up to 100 Boeing jets [The Seattle Times]
Sears, Kmart and company CEO Edward Lampert. Financial and retail experts have long predicted catastrophe for this franchise, which has suffered from more reorganizations, store closings, deep cutbacks and fiscal pain than any business deserves. Sears hasn't found a long-term profitable core and critics argue that Lampert, a renowned hedge fund player who in 2013 became..."/>
Chicago Tribune Robert Reed column [Chicago Tribune]
Moody's-- have weighed in on a bond-refinancing deal that was key to the Virginia Port Authority's multibillion-dollar lease of the Virginia International Gateway port terminal signed two weeks ago. Standard& Poor's announced this week that it downgraded its rating on the authority's existing port-revenue bonds from "A+," its fifth-highest rating on a scale of 22, to "A," its sixth-highest rating."/>
S&P, Moody's take hard look at port bonds to help finance new Virginia International Gateway lease [The Virginian-Pilot]
Spirit AeroSystems and could stave off further production rate cuts on the 777, at least temporarily. Qatar's firm order is for 30 787-9 Dreamliners and 10 777-300 ERs-- a deal valued at $11.7 billion at list prices, though the airline likely will receive a sizable discount. It also signed a letter of intent for as many as 60 737 Max 8 s, a deal that carries a value of $6.9 billion at list..."/>
Qatar's widebody jet order could ease 777 rate cut -- by a few months [The Wichita Eagle]
Renasant Corporation will announce 2016 third quarter results following the Market's closing on Tuesday, October 18, 2016. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, October 19, 2016, at 10:00 AM Eastern Time. The webcast can be accessed through Renasant's investor relations website at or html."/>
Renasant Announces 2016 Third Quarter Earnings Webcast and Conference Call Information
SVG Capital plc has received a proposal from certain investment funds managed by Goldman Sachs Asset Management's Alternative Investments and Manager Selection Group and certain investment entities managed by Canada Pension Plan Investment Board for the acquisition of 100% of SVG's investment portfolio, the firm said. The proposal is being evaluated urgently by the company and the board will update the market as soon as..."/>
SVG Capital May Sell Investment Portfolio to Goldman Sachs Funds
Park Group plc has acquired corporate employee and customer engagement specialists Fisher Moy International Ltd. for an undisclosed all-cash sum, the company said. Park Group said that FMI is profitable, debt-free and said the acquisition should be modestly earnings enhancing for Park in the first full year of ownership. FMI will initially continue to operate under its existing brand and will..."/>
Park Group Acquires Employee, Customer Engagement Specialist Fisher Moy International
Stellus Capital Investment Corporation announced today that on October 7, 2016, its Board of Directors declared a regular monthly dividend for each of October, November and December for an aggregate of $0.34 per share. Summary of Fourth Quarter 2016 Regular Monthly Dividends. About Stellus Capital Investment Corporation."/>
Stellus Capital Investment Corporation Declares Fourth Quarter 2016 Regular Dividend of $0.34 Per Share
Regions Financial Corp.' s chief credit officer has been named one of the 25 most powerful women in banking by American Banker magazine. Barb Godin, who joined Regions Financial in 2003, made the list which recognizes the most influential female leaders in banking based on their "professional achievements, personal tenacity and influence." Honorees will be recognized at an awards dinner and featured in the October 2016 issue of American Banker magazine."/>
Regions credit officer among 25 most powerful women in banking [Alabama Media Group, Birmingham]
Ellington Financial LLC today announced that its estimated book value per common share as of September 30, 2016 was $20.12, or $19.84 on a diluted basis. Estimated book value per share on a diluted basis takes into account securities convertible into the Company's common shares. These estimates are subject to change upon completion of the Company's month-end valuation procedures relating to its investment positions, and any such..."/>
Ellington Financial LLC Reports Estimated Book Value Per Share As Of September 30, 2016

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