Industry News

Bharti Airtel Ltd has announced a special plan, offering unlimited internet for 90 days."/>
Telecom data war: make most of it with a sound tariff plan [Mint, New Delhi]
Hindustan Zinc Ltd on Monday joined the elite club of companies that have seen their market capitalization soar past Rs.1 lakh crore on the exchanges. At 1:50pm, the Vedanta group firm saw its market capitalisation touch Rs.11, 0069.56 crore with its shares trading at a record high of Rs.262.80, up 12.7% from previous close, showed data from BSE. The stock gained in nine out of 11 trading sessions and rose over 20% in this period."/>
Hindustan Zinc joins Rs1 lakh crore market cap club [Mint, New Delhi]
TESCO is facing further legal action from a group of investors who claim they suffered financially after a pounds sterling 326 m black hole was revealed in the supermarket's accounts. The pounds sterling 150 m lawsuit is the second one being considered by shareholders since charges were brought against three former Tesco executives for accounting fraud relating to the 2014 scandal in which it massively overstated profits and its share price plunged 10 pc."/>
Tesco is facing pounds sterling 150m lawsuit from investors [Daily Mail, London]
Element Financial Corporation, now Element Fleet Management Corp. and ECN Capital Corp. today jointly announced the completion of the reorganization of Element into two separate publicly-traded companies, implemented by way of statutory plan of arrangement. As a result of the Separation Transaction, Element Fleet, led by Bradley Nullmeyer as CEO, has been established as the world's largest publicly traded fleet management company with..."/>
Element Closes Transaction to Separate into Element Fleet Management and ECN Capital
MarketAxess Holdings Inc., the operator of a leading electronic trading platform for fixed-income securities and the provider of market data and post-trade services for global fixed-income markets, today announced that it has launched the industry’ s first client-to-multi-dealer electronic trading platform for leveraged loans, which is designed to provide efficient access to the growing leveraged loan market.. According to The Loan Syndications..."/>
MarketAxess Launches Industry’s First Client-to-Multi-Dealer Electronic Trading Platform for $394 Billion Leveraged Loan Market
American Financial Group, Inc. announced that it has declared a regular dividend of $0.3125 per share of American Financial Group Common Stock. The dividend is payable on October 25, 2016 to holders of record on October 14, 2016. As previously announced, the Board of Directors approved an increase in the company’ s dividend during the third quarter of 2016."/>
American Financial Group, Inc. Declares Quarterly Dividend
Anworth Mortgage Asset Corporation declared on Friday that the conversion rate of the 6.25% series B cumulative convertible preferred stock has increased to 4.7329 shares of its common stock, pursuant to the terms of the series B preferred stock. Earlier in September the company's board of directors declared a quarterly common stock dividend of USD0.15 per share, which will be paid on 28 October 2016 to shareholders of record as of the close of business on 30 September 2016."/>
Anworth increases series B preferred stock conversion rate
Willis Towers Watson, a leading global advisory, broking and solutions company, announced its next-generation platform for Willis Towers Watson HR Portal Software. This release delivers an enhanced content management model, a streamlined approach to product upgrades, a more frequent update cadence and extended integration with other Willis Towers Watson software and service offerings.. A simplified user experience, allowing clients to edit,..."/>
Willis Towers Watson HR Portal Software introduces newest release
Willis Towers Watson, a leading global advisory, broking and solutions company.. The comprehensive report, Willis Towers Watson’ s 2016 Transportation Risk Index, was commissioned to measure the industry’ s risk environment as seen through the eyes of 350..."/>
Transportation industry executives say cyber and data privacy breaches are the sector’s top risk
State Street Global Advisors' fund the SPDR S&P Retail ETF disclosed on Friday that it received total payment of USD220, 102 as an authorised claimant from a class action settlement related to Hot Topic Inc. When the fund calculates its net asset value per share on Monday, it is estimated that its NAV will be impacted by USD0.0227 per share based on 9,700,226 outstanding shares as of 29 September 2016.. SSGA manages about USD452bn in SPDR ETF assets globally as of 30 June 2016."/>
SPDR S&P Retail ETF receives settlement payment related to Hot Topic Inc
Handy & Harman Ltd. Acquires ElectroMagnetic Enterprise
Kingstone Companies, Inc., announced today that Jeanette Lobosco-Malone has been elected Vice President-Claims of Kingstone Insurance Company. Lobosco-Malone joined KICO in early 2014 after spending twenty five years in the insurance industry and has progressively held greater responsibilities at a number of other companies before joining Kingstone. She is a graduate of Fairleigh Dickinson University, a paralegal and a Senior Claims Law Associate."/>
Jeanette Lobosco-Malone Named Vice President-Claims of Kingstone Insurance
Black Knight Financial Services, Inc. released its latest Mortgage Monitor Report, based on data as of the end of August 2016. This month, Black Knight took a close look at mortgage refinance activity through the first half of 2016. As Black Knight Data& Analytics Executive Vice President Ben Graboske explained, borrowers are continuing the trend of drawing upon growing equity in their homes, though at..."/>
Black Knight's Mortgage Monitor: 42 Percent of Q2 2016 Refinances Were Cash-Out Transactions, Largest Quarterly Sum of Equity Tapped Since 2009
UMB Financial Corporation, a financial services holding company, plans to host a conference call to discuss its third quarter 2016 earnings results on Wednesday, Oct. 26, 2016, at 8:30 a.m.. Interested parties may access the call by dialing 877-267-8760 or 412-542-4148 and requesting to join the UMB Financial call. The live call can also be accessed by visiting the investor relations area of or by using the following the link:."/>
UMB Announces Conference Call to Discuss Third Quarter 2016 Results
FXCM Inc. today announced that it has commenced a $15 million“ at-the-market” offering program.. Under the program, the Company may, from time to time and at its discretion, offer and sell shares of its Class A common stock having an aggregate gross sales price of up to $15 million through Jefferies LLC, which will serve as sales agent. The Company intends to use the net proceeds generated through the program to reduce its outstanding indebtedness and for other..."/>
FXCM Inc. Announces $15 Million At-the-Market Offering
FXCM Inc./ FXCM Inc. Announces $15 Million At-the-Market Offering. Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement."/>
FXCM Inc. Announces $15 Million At-the-Market Offering
United Continental Holdings. Mike Dickinson is a tax director at Johnson Advisors."/>
People on the Move: Oct. 2-8 [Las Vegas Sun]
Central Valley Community Bancorp, a bank holding company headquartered in Fresno, California and the parent company of Central Valley Community Bank, announced today the successful completion of the previously announced acquisition of Sierra Vista Bank, headquartered in Folsom, California, effective October 1, 2016. As part of the acquisition, Sierra Vista Bank with three full service branches located in Folsom and Fair Oaks and..."/>
Central Valley Community Bancorp Successfully Completes Acquisition of Sierra Vista Bank

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