Industry News

Kingfisher Airlines Ltd on Friday in which the grounded carrier sought to make amendments to an original application and press a counterclaim seeking Rs.3, 000 crore in damages from a consortium of creditors. Kingfisher counsel had presented their arguments on 5 July, but the tribunal had reserved its order to either admit or dismiss the application."/>
Debt tribunal dismisses Kingfisher Airlines application [Mint, New Delhi]
Do smartphones hurt productivity? [The Baltimore Sun]
Philippine Stock Exchange could help step up infrastructure building and boost growth in the construction industry substantially in the next five years with increased available funding, Fitch-owned BMI Research said. "We believe the government's proposal to ease the regulations for companies to list major public-private partnership infrastructure projects on the Philippine..."/>
Construction may grow 8% a yr if PPP listed -- BMI [The Manila Times, Philippines]
EZCorp Inc. saw its stock price surge on Thursday and Friday after the company announced that it was selling off one of its divisions. EZCorp's shares closed Friday at $8.97, a 17.4 percent increase over its Wednesday closing price of $7.64 percent. The company saw a one-day surge of 16.5 percent on Thursday, the day after it announced it was selling Grupo Finmart, its Mexico City-based payday lending business."/>
Austin-based EZCorp Inc. sees stock price surge [Austin American-Statesman]
Chicago Tribune Gail MarksJarvis column [Chicago Tribune]
Sierra Bancorp, the holding company of Bank of the Sierra, announced today the completion of its acquisition of Coast Bancorp of San Luis Obispo County, California through the merger of Coast Bancorp with and into Sierra Bancorp. Pursuant to the terms of the acquisition agreement dated January 4, 2016, Coast Bancorp shareholders received aggregate merger consideration of approximately $13.5 million, payable $3.3 million in cash..."/>
Sierra Bancorp Completes Acquisition of Coast Bancorp of San Luis Obispo County
Syncora Holdings Ltd. today announced that it has posted additional information that it is making available to certain Syncora Guarantee Inc. surplus noteholders and SHL preferred holders, in connection with the Company's previously announced restructuring transaction, on the Company's home page at www.syncora.com. About Syncora Holdings Ltd. Syncora Holdings Ltd. is a Bermuda-domiciled holding company. Inc. and Syncora Guarantee..."/>
Syncora Holdings Ltd. Makes Additional Information Available On Its Website
LendingClub Corporation, if they purchased the Company's securities pursuant or traceable to the company's initial public offering or between December 11, 2014 and May 6, 2016, inclusive. This action is pending in..."/>
LENDINGCLUB SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against LendingClub Corporation - LC
Ambac Financial Group, Inc., if they purchased the Company's securities between November 13, 2013 and June 30, 2015, inclusive. This action is pending in the United States District Court for the Southern District of New York."/>
AMBAC SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ambac Financial Group, Inc. - AMBC
Syncora Holdings US Inc., a wholly-owned subsidiary of Syncora Holdings Ltd., today announced that on July 8, 2016, it commenced private offers to exchange up to $55,164,182 of Syncora Guarantee Inc.' s outstanding 6% Surplus Notes due 2024 and up to $14,835,818 of SGI's outstanding 5% Surplus Notes due 2011 for the consideration set forth in the table below. The Existing Short-Term Surplus Notes and the Existing Long-Term Surplus Notes are..."/>
Syncora Holdings US Inc. Announces Private Exchange Offers For Syncora Guarantee Inc.'s Outstanding 6% Surplus Notes Due 2024 and 5% Surplus Notes Due 2011 and Syncora Holdings Ltd. Announces Special General Meeting of Preferred Shareholders
Nasdaq today announced that Microchip Technology Incorporated, will become a component of the NASDAQ-100 Index ® and the NASDAQ-100 Equal Weighted Index prior to market open on Monday, July 18, 2016. Microchip Technology Incorporated will replace Endo International plc in the indexes.. Microchip Technology Incorporated is headquartered in Chandler, Arizona, and has a market capitalization of approximately $10.8 billion."/>
Microchip Technology Incorporated to Join the NASDAQ-100 Index Beginning July 18, 2016
Chimerix was on the fast track. It had received federal approval to test its experimental drug on Ebola-infected patients in Europe and the United States. Then last year, Chimerix was on the brink of getting that same antiviral drug, brincidofovir, accepted in the national stockpile to protect Americans against bioterror threats."/>
Chimerix pins hopes on smallpox antidote [The News & Observer (Raleigh, N.C.)]
Triumph Bancorp, Inc. today announced that it expects to release its 2016 second quarter financial results July 26, 2016 after the close of business. Upon filing, the financial results will be available on the Company’ s website at www.triumphbancorp.com through the Investor Relations portal.. Aaron P. Graft, vice chairman and CEO, and Bryce Fowler, CFO, will review the quarterly results in a conference call for investors and analysts beginning at 8:30 a.m. CDT..."/>
Triumph Bancorp Announces Schedule for Second Quarter 2016 Earnings Release and Conference Call

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