Industry News

Fauquier Bankshares Inc disclosed on Friday that its board of directors authorised a quarterly dividend of USD0.12 per share. This dividend represents an annual rate of USD0.48 per share and will be paid to shareholders of record as of the close of business on 16 September 2016, on 3 October 2016.. Fauquier Bankshares together with its principal subsidiary, the Fauquier Bank, had combined assets of USD619.2m and total shareholders' equity of USD53.9m, at 30 June 2016.."/>
Fauquier Bankshares announces dividend of USD0.12 per share for quarter
Your Community Bankshares Inc disclosed on Saturday that the Agreement and Plan of Merger dated 3 May 2016 between it and WesBanco Inc, was approved by the company's shareholders. Also, the company stated that of the 98.75% of votes cast at a special meeting of its shareholders, 69.97% voted in favour of the merger. Accordingly, after satisfaction of all remaining closing conditions the transaction will be completed before the end of the third quarter of 2016 and it will merge with..."/>
Your Community Bankshares announces shareholder approval of merger agreement with WesBanco
MutualFirst Financial Inc reported on Friday that it will pay a cash dividend of USD0.14 per share for the third quarter of 2016.. Shareholders of record on 9 September 2016 will receive the dividend payment on 23 September 2016.. MutualFirst Financial is the parent of MutualBank based in Indiana and founded in 1889."/>
MutualFirst Financial announces dividend of USD0.14 per share for Q3 2016
WTB Financial Corporation on Friday declared a quarterly cash dividend of USD0.75 per share on its class A and B common stock. This dividend will be paid on 16 September 2016 to shareholders of record at the close of business on 5 September 2016.. WTB Financial is the parent of Washington Trust Bank, an independently owned full-service commercial bank incorporated in 1902."/>
WTB Financial announces quarterly dividend of USD0.75 per share
Weyerhaeuser announces dividend of USD0.31 per share
CIFC LLC and FAB Partners revealed on Friday the signing of a definitive merger agreement for about USD333m in cash, whereby FAB will acquire CIFC. Pursuant to the merger, CIFC shareholders are entitled to receive USD11.46 in cash per share that equals USD11.36 per share as merger consideration and USD0.10 per share distribution, which reflects a premium of over 60% over CIFC's closing share price on 19 August 2016 and a premium of about 160% over the closing share price on 27..."/>
CIFC signs USD333m acquisition agreement with FAB Partners
MainSource Financial Group declared on Friday that its board of directors authorised a common stock dividend of USD0.15 per share for the third quarter of 2016.. The dividend will be paid on 15 September 2016 to shareholders of record as of 1 September 2016.. MainSource is a community-focused, financial holding company with assets of about USD4.0bn."/>
MainSource Financial announces Q3 dividend of USD0.15 per share
India Cements. On a year-on-year basis, its "power, oil and fuel" cost fell 14.16% in the June quarter."/>
India Cements: Valuations cheap, but upside could be limited [Mint, New Delhi]
Modern Land Upgraded to "B+" by Fitch Ratings, Outlook Stable
Mint, New Delhi, Tamal Bandyopadhyay column [Mint, New Delhi]
Singapore Airlines joint venture's second major advertising campaign after its launch last year. "It is a matter of great pride for me to be associated with Vistara, a brand that is reliable, warm and friendly; a brand that carries the lineage of Tata and Singapore Airlines."/>
Deepika Padukone to be the face of Vistara [Mint, New Delhi]
M and A Navigator: Deal pipeline –22 August
Teva Pharmaceutical Industries Ltd. completed the purchase of Actavis Generics from Allergan, the stock market awaits the next event that may impact the company's share: the US Patent Office's decision on patents protecting double-dose Copaxone treatment for multiple sclerosis. Copaxone is Teva's most important branded drug, providing 21.8% of the company's revenue and $1.7 billion of its profit in the first half of the year."/>
Teva awaits fateful Copaxone patents decisions [Globes, Tel Aviv, Israel]

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