Industry News

Horace Mann Educators Corporation Board of Directors today announced a quarterly dividend of 26.5 cents per share payable on September 30, 2016 to shareholders of record as of September 15, 2016.. Horace Mann-- the largest national multiline insurance company focusing on educators' financial needs-- provides auto, homeowners and life insurance, retirement products and other financial solutions. Founded by Educators for Educators ® in 1945, the company is headquartered in..."/>
Horace Mann Reports Quarterly Dividend of $0.265
PennantPark Investment Corporation declares fourth fiscal quarter 2016 distribution of $0.28 per share, payable on October 3, 2016 to stockholders of record as of September 21, 2016. Distributions are paid from taxable earnings and may include a return of capital and/or capital gains. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic..."/>
PennantPark Investment Corporation Announces Quarterly Distribution of $0.28 per Share
PennantPark Floating Rate Capital Ltd. declares monthly distribution for September 2016 of $0.095 per share, payable on October 3, 2016 to stockholders of record as of September 21, 2016. Distributions are paid from taxable earnings and may include a return of capital and/or capital gains. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic..."/>
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Suncrest Bank, based in Visalia and established in 2008, and Fresno-based Security First Bank jointly announced an agreement for a cash-and-stock deal valued at about $18.1 million. Suncrest Bank is getting a cash infusion of $5.6 million from the sale of stock to an investment partnership to support not only..."/>
Suncrest, Security First banks reach $18.1 million merger agreement [The Fresno Bee]
First Business Financial Services, Inc., announced today that they will present at the Raymond James 2016 U.S. Bank Conference at the JW Marriott in Chicago, Illinois. The presentation is scheduled for Wednesday, September 7, at 8:35 a.m. Central Time.."/>
First Business Invited to Present at the Raymond James 2016 U.S. Bank Conference
IGM Financial Inc. today reported preliminary total mutual fund net new money in August of million as shown in Table 1. Total assets under management were $139.3 billion at August 31, 2016, compared with $138.5 billion at July 31, 2016 and $133.4 billion at August 31, 2015. Mutual fund assets under management were $133.1 billion as at August 31, 2016, compared with $132.3 billion at July 31, 2016 and $127.2 billion at August 31, 2015. Assets under..."/>
IGM Financial Inc. Announces August 2016 Mutual Fund Sales and Total Assets Under Management
Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced today that CFO Jay Bullock will address an audience of financial analysts and institutional money managers at the Keefe, Bruyette& Woods 2016 Insurance Conference being hosted Sept. 7-8, 2016 at Westin Grand Central in New York City. Bullock’ s remarks at the conference will begin at 3:15 pm. EDT, Sept. 7, 2016."/>
Argo Group CFO Jay Bullock to Present at the Keefe, Bruyette & Woods (KBW) 2016 Insurance Conference on September 7, 2016; Audio Webcast Available
Popular, Inc. announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:. a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on September 30, 2016, to holders of record as of September 15, 2016; and a monthly cash dividend of $0.171875 per share of 8.250% Non-cumulative Monthly Income..."/>
Popular, Inc. Declares Dividends on Preferred Stock, Announces Distribution on Trust Preferred Securities
Moody's Investors Service has upgraded the long-term issuer rating of DP World to Baa2 from Baa3 and the long-term issuer rating of Jebel Ali Free Zone to Baa2 from Baa3. The outlook on all ratings is stable. "Our decision to upgrade DP World's ratings is a result of the company's credit metrics broadly meeting the criteria for an upgrade in conjunction with Moody's recognising that the company retains a degree of financial cushion in its credit metrics at the Baa2..."/>
BRIEF: Moody's upgrades ratings of DP World, Jafza [Khaleej Times, Dubai, United Arab Emirates]
Prudential Financial, Inc.. Best has affirmed the ICR of“ a-” of PFI and all existing issue ratings of the group. All domestic life/health subsidiaries of PFI are collectively referred to as Prudential."/>
A.M. Best Affirms Ratings of Prudential Financial Inc. and Its Subsidiaries
Dime Community Bancshares, Inc., and Dime Community Bank, today announced that William "Bill" E. Brown has joined the bank as Executive Vice President and Chief Retail Officer. Mahon, "I am delighted to announce the appointment of Bill as Dime's new Chief Retail Officer. In this role, Bill will be responsible for sales, service, operations, distribution, and strategy for our consumer and small business..."/>
Dime Community Bank Announces the Appointment of New Chief Retail Officer
TICC Capital Corp. today announced that preliminary results show that TICC stockholders have rejected TSLX’ s proposal to terminate the Company’ s investment advisory contract, and supported TICC’ s board recommendations at the Company’ s 2016 Annual Meeting of Stockholders held this morning in New York City, including the re-election of Tonia L. Pankopf to TICC’ s board. Steve Novak, Chairman of..."/>
Preliminary Results Show That TICC Stockholders Reject TSLX’s Advisory Contract Proposal; Support TICC’s Recommendations
James River Group Holdings, Ltd. announced today its Chairman and Chief Executive Officer, Adam Abram, and its President and Chief Operating Officer, Robert Myron, will present at the Keefe, Bruyette& Woods Insurance Conference being held at the Westin Grand Central in New York City. Myron will participate in a question and answer session covering a range of industry and company-specific topics.. The presentation will take place on Wednesday,..."/>
James River Group Holdings, Ltd. to Present at Keefe, Bruyette & Woods Insurance Conference
National Bank of Canada and a leader in online brokerage, announced that all of its clients will be able to trade online every Canadian-listed Exchange Traded Fund on the Toronto Stock Exchange without any transaction fees. There are no restrictions related to account size or number of transactions, to the extent that a minimum of 100 shares must be traded. The announcement makes National Bank..."/>
A first for the self-directed investing industry - National Bank Direct Brokerage eliminates transaction fees for all Exchange Traded Funds listed in Canada
M&T Bank Corporation announced today it will participate in the Barclays Global Financial Services Conference being held in New York City. Representatives of M&T are scheduled to deliver a presentation to investors and analysts on September 14, 2016 at 11:15 a.m.. The conference takes place at the Sheraton New York Times Square Hotel."/>
M&T Bank Corporation to Participate in Barclays Global Financial Services Conference
Heartland Financial USA, Inc., announced that its management will participate in the Raymond James U.S. Bank Conference to be held September 7, 2016 in Chicago, Illinois.. Heartland Chairman and CEO, Lynn B. Fuller and Bryan R. McKeag, EVP and Chief Financial Officer, will meet with institutional investors during the conference and deliver a presentation that is scheduled to begin at 2:05 PM Central Time on Wednesday, September 7, 2016.."/>
Heartland Financial USA, Inc. to Present at Raymond James U.S. Bank Conference
Nasdaq MarketSite in Times Square. In honor of the occasion, Darius Mockus, Chairman of the Board, will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Apranga APB to Ring The Nasdaq Stock Market Opening Bell
CardConnect Corp., a leading provider of payment processing and technology solutions, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Jeff Shanahan, President and CEO, will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
CardConnect Corp. (Nasdaq: CCN) to Ring The Nasdaq Stock Market Closing Bell
Sensex, Nifty close at 17-month high [Mint, New Delhi]

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