Industry News

United Technologies Corp. today announced two related actions that are expected to reduce the overall size of its pension obligations by approximately $1.77 billion. First, United Technologies will transfer approximately $775 million of its outstanding pension benefit obligations under the UTC Employee Retirement Plan and the UTC Represented Employee Retirement Plan to The Prudential Insurance Company of America."/>
United Technologies To Reduce Pension Liabilities
Atrium Mortgage Investment Corporation commented today on the impact to its business from the Federal Government’ s housing reforms announced on October 3, 2016.. Rob Goodall, CEO of Atrium noted,“ The reforms announced by the Federal Government relate to insured residential mortgages and will have no direct impact on Atrium. We don’ t lend on insured mortgages; our primary focus has always been providing financing to real estate investors and developers."/>
Atrium Mortgage Investment Corporation Will Not be Directly Affected by Federal Government’s Housing Reforms
M&T Bank Corporation announced today that it has released the results of its "company-run" mid-cycle 2016 Dodd-Frank Act Stress Test. This information is available on M&T's website and can be found at under Regulatory Disclosures. M&T is a financial holding company headquartered in Buffalo, New York."/>
M&T Bank Corporation Releases Results of Dodd-Frank Act Mid-Cycle Company-Run Stress Test
Nelnet, Inc. today announced it will release earnings for the third quarter ended September 30, 2016, after the close of the New York Stock Exchange on Thursday, November 3, 2016. Upon release, additional earnings information will be available at Learn more about Nelnet at"/>
Nelnet to Announce Third Quarter Results
American International Group, Inc. will report financial results for the third quarter ended September 30, 2016, after the market closes on Wednesday, November 2, 2016. AIG’ s press release and financial supplement will be available in the Investor Relations section of AIG’ s website at AIG will also host a conference call on Thursday, November 3, 2016, at 8:00 a.m. ET to review these results."/>
AIG to Report Third Quarter 2016 Results on November 2, 2016
Regional Management Corp., a diversified consumer finance company, announced today that it will report its third quarter 2016 results after the market closes on Thursday, October 27, 2016.. The company will hold a conference call to discuss results at 5:00 PM ET on that day. The dial-in number for the conference call is 590-2959 or 343-6651, passcode 95219899."/>
Regional Management Corp. to Report Third Quarter 2016 Results on Thursday, October 27, 2016
RenaissanceRe Holdings Ltd. will conduct an investment community conference call on Wednesday, November 2, 2016, at 10:00 a.m. ET to discuss its financial results for the third quarter of 2016, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, November 1, 2016.. A live webcast of the conference call will be available through the Investor Information section of RenaissanceRe's website at..."/>
RenaissanceRe Schedules Third Quarter 2016 Financial Results Conference Call
Navient, the nation's leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2016 fourth quarter dividend of $0.16 per share on the company's common stock. The fourth quarter 2016 dividend will be paid on Dec. 16, 2016, to shareholders of record at the close of business on Dec. 2, 2016.. As the nation's leading loan management, servicing and asset recovery company, Navient helps customers..."/>
Navient declares fourth quarter common stock dividend
Goldman Sachs BDC, Inc. announced today that it will report its third quarter ended September 30, 2016 financial results after the market closes on Thursday, November 3, 2016. GS BDC will also host an earnings conference call on Friday, November 4, 2016 at 10:00 am Eastern Time to discuss its quarterly financial results. All interested parties are invited to participate via telephone or the audio webcast, which will be hosted on the Investor Resources section of GS BDC’ s..."/>
Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Third Quarter 2016 Results
SVB Financial Group will report its financial results for the quarter ended September 30, 2016, on Thursday, October 20, 2016, after the close of the stock market. The Company will file its quarterly financial results with the SEC via form 8- K and issue an advisory release via newswire containing a link to its full financial results, which will be also posted on the Investor Relations section of its website at"/>
SVB Financial Group Confirms Date And Time Of Quarterly Earnings Call
National General Holdings Corp. announced the results of the special meeting of members of Standard Mutual Insurance Company held this morning where members approved, among other matters, the conversion of SMIC from a mutual company to a stock company named Standard Property& Casualty Insurance Company. In addition, the Company completed its offering of shares of its common stock for cash on a subscription basis to certain of the SMIC members and to..."/>
National General Holdings Corp. Announces the Results of the Special Meeting of Members of Standard Mutual Insurance Company
Compass Diversified Holdings, an owner of leading middle market businesses, announced today that its Board of Directors has declared a quarterly cash distribution of $0.36 per share. The distribution for the three months ended September 30, 2016 is payable on October 27, 2016 to all holders of record as of October 20, 2016.. Alan Offenberg, CEO of Compass Diversified Holdings, stated, "We are pleased to declare our third quarter distribution..."/>
Compass Diversified Holdings Declares Third Quarter 2016 Distribution of $0.36 Per Share
Pinnacle Financial Partners, Inc. today announced it will release its third quarter 2016 financial results on Tuesday, Oct. 18, 2016, after the stock market closes. It will also host a live webcast on Wednesday, Oct. 19, at 8:30 a.m. CDT to review its financial results, business outlook for the firm and other matters. The third quarter 2016 earnings release will be available on the investor relations page of Pinnacle’ s website at"/>
Pinnacle Financial Announces Dates for Third Quarter 2016 Earnings Release and Conference Call
Israel Discount Bank to 2.6%. The investment was made last week when Israel Discount Bank raised NIS 480 million in a share offering at NIS 6.93 per share, with a further NIS 224 million to be raised in options. Norges Bank holds 29.4 million Discount Bank shares worth NIS 201 million."/>
BRIEF: Norway's central bank buys Israel Discount Bank stake [Globes, Tel Aviv, Israel]
United Community Financial Corp. holding company of The Home Savings and Loan Company announced today there will be an earnings conference call on Wednesday, October 19, 2016 at 10:00 a.m. ET., to provide an overview of the Company's third quarter 2016 results and highlights. The earnings release will be made available at at the close of business on October 18, 2016.. Webcast: To access the live webcast, go to and click on 3rd..."/>
United Community Financial Corp. Announces Third Quarter Earnings Conference Call
Echelon Financial Holdings Inc. today announced that it will release its third quarter financial results after market close on Thursday, November 3, 2016.. A conference call for analysts and interested listeners will be held on Friday, November 4, 2016, at 11:00 a.m.. The call-in numbers for participants are 647-427-7450 or toll free 1-888-231-8191, Conference ID 95997439. A live audio feed of the call will be available online through the Company's..."/>
Echelon Insurance to release third quarter 2016 financial results on November 3
Moody's Investors Service has cut St. Louis' credit rating by a notch as the city prepares to issue $25 million in general-obligation bonds. Louis' rating from A1 to A2 on Tuesday, citing concerns about the "city's weak reserve and liquidity position, reliance on economically sensitive revenues and below-average wealth levels.""/>
Moody's lowers city of St. Louis debt rating [St. Louis Post-Dispatch]

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