Industry News

Your Community Bankshares, Inc. have voted to approve the company's deal to be acquired by West Virginia, US-based bank holding companyWesBanco, Inc., the company said. 98.75% of votes cast at a special meeting of YCB shareholders voted in favour of the merger, representing 69.97% of all outstanding YCB shares as of the record date. Subject to satisfaction of all remaining closing conditions for the transaction, which..."/>
Your Community Bankshares Wins Shareholder Nod for USD 221m WesBanco Buyout
Atlas Financial Holdings, Inc. today announced that the Company's Chief Executive Officer, Mr. Scott Wollney, is scheduled to present at the Keefe, Bruyette& Woods’ 2016 Insurance Conference on Wednesday, September 7, 2016 at 11:20 a.m. ET in New York, New York. The presentation will be broadcast live and accessible via the following link:"/>
Atlas Financial Holdings to Present at the 2016 Keefe, Bruyette & Woods Insurance Conference
CIT Group Inc., today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 39 agreements in the second quarter of 2016 for the current and future leases of commercial aircraft. CIT Aerospace also delivered 26 aircraft, including new and used aircraft and lease extensions of existing fleet, to its airline customers around the world. “The continued success of CIT Aerospace in 2016 is based on our industry expertise and our ability to..."/>
CIT Aerospace Signs 39 Agreements Related to the Lease of Commercial Aircraft and Delivers 26 Aircraft in Q2 2016
Hamilton Lane Appoints Deputy General Counsel
WisdomTree Investments, Inc., through its subsidiaries in the U.S., Europe, Japan and Canada, is an exchange-traded fund and exchange-traded product sponsor and asset manager headquartered in New York. WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies."/>
WisdomTree ETFs Declare Distributions
Huntington Bancshares Incorporated today announced that Nancy E. Maloney is joining the company in September, and will assume the role of Executive Vice President, Controller following Huntington's filing of its third-quarter Report on Form 10- Q. Current Huntington Controller David Anderson has announced his intention to retire. Maloney joins Huntington from BMO Financial Group, where she served as U.S. controller and chief accountant."/>
Huntington Bancshares Names Nancy Maloney as Controller
Gladstone Commercial Corporation announced today that it redeemed all remaining 540,000 shares, or 100%, of the outstanding shares, of its 7.125% Series C Cumulative Term Preferred Stock. The shares of Series C Term Preferred Stock were redeemed at a redemption price equal to $25.09401042 per share, representing the payment of the $25.00 liquidation preference, plus accrued and unpaid dividends from and including August 1, 2016, up to and including..."/>
Gladstone Commercial Corporation Announces Redemption of its 7.125% Series C Cumulative Term Preferred Stock
China Lending Corporation, a leading non-bank direct lending corporation servicing micro, small and medium sized enterprises, currently underserved by commercial banks in China, today reported its financial results for the six-month period ending June 30, 2016.."/>
China Lending Corporation Reports 2016 Six-Month Financial Results
Northern Trust announced today that the Northern Trust Purchase Prize, an annual gift of artwork selected from EXPO CHICAGO, will be donated to the DePaul Art Museum at the fifth annual EXPO CHICAGO at Navy Pier’ s Festival Hall. As Presenting Sponsor of EXPO CHICAGO and a long-time supporter of arts and culture, Northern Trust will purchase a work of art to be added to the DePaul Art Museum’ s..."/>
Northern Trust to Donate Artwork to DePaul Art Museum
Sterling Bancorp, announced today that Terry O'Grady has joined as Managing Director. He will be leading the sales effort for the Asset Based Lending Group in the Midwest Region, providing asset based and commercial loans to middle market companies in the Midwest. O'Grady reflects the continued growth of Sterling's broad team-based approach to providing highly personalized services to its clients..."/>
Terry O'Grady Joins Sterling National Bank
Equinix, Inc., the global interconnection and data center company, today announced the opening of its latest International Business Exchange™ data center in Sydney, known as SY4. Centrally located, the new $97 million USD facility supports the strong demand for Platform Equinix™ in Australia. Currently operating two significant data center campuses in Australia, Equinix is adding capacity to meet growing demand for..."/>
Equinix Opens New Data Center in Sydney
Mogo Finance Technology Inc. announced today the launch of its new Mogo ® Account and iOS mobile app, setting a new standard for what consumers expect in a digital banking experience. With a three-minute account opening experience and instant access to three innovative products, including a free credit..."/>
Mogo Launches New Digital Account on Journey to Build the Best Digital Banking Experience in Canada
Brookfield Asset Management Inc. today announced that partnerships it manages made a distribution in-kind to, or ended voting arrangements with, institutional investors with respect to an aggregate of approximately 41 million shares of common stock and 14 million warrants to acquire shares of common stock of General Growth Properties, Inc.. The shares and warrants comprised part of the original consortium that was formed by Brookfield in 2010 to..."/>
Brookfield Asset Management Winds Up Original GGP Consortium With Approximately $10 Billion of Aggregate Gains
American Capital Ltd, Prospect Capital Corp., Waddell& Reed Financial Inc., and Janus Capital Group Inc.. As per The Boston Consulting Group's 14th annual global asset management industry report, advanced digital technologies, techniques, and data and analytics should serve as competitive advantages for asset managers as they continue to transform their operating models and..."/>
Asset Management Stocks Technical Reports -- American Capital, Prospect Capital, Waddell & Reed Financial, and Janus Capital
Apple Hospitality REIT Inc approved a regular common stock cash distribution of USD0.10 per share for September 2016, the company disclosed on Friday. Shareholders of record as of 2 September 2016 will receive the dividend payment on 15 September 2016. Based on the company's common stock closing price of USD19.88 per share on 18 August 2016, the annual distribution USD1.20 per share reflects an annual yield of about 6.0%."/>
Apple Hospitality declares distribution of USD0.10 per share for September 2016
Third Century Bancorp reported on Friday that its board of directors approved a dividend of USD0.04 per share. All shareholders of record on 15 September 2016 will be paid the dividend on 3 October 2016.. Third Century Bancorp operates as the holding company for Mutual Savings Bank that provides various banking products and services in Indiana."/>
Third Century Bancorp declares dividend of USD0.04 for share
Chesswood Group Limited announced today a cash dividend of $0.065 per share for the month of August. The dividend will be payable to shareholders of record at the close of business on August 31, 2016, and will be paid on September 15, 2016.. Chesswood Group Limited has designated its dividends as eligible dividends for the purposes of the Income Tax Act."/>
Chesswood Group Limited Announces August 2016 Dividend
GEO Group Inc declared on Friday that the Federal Bureau of Prisons has rescinded its contract modification granted earlier that extended the contract to operate the company-owned D. Ray James Correctional Facility under existing terms, until 30 September 2018.. Therefore, the company said it expects to receive a modification to operate the facility under new terms. This most recent development will be discussed on its scheduled conference call at 11:00 ET, based on..."/>
GEO Group declares change in D. Ray James Correctional Facility's contract renewal status
Wells Fargo announces preferred stock dividends on 11 series
Cathay General Bancorp has reported Dunson K. Cheng intends to retire from his position as president and chief executive officer, effective September 30, 2016 and plans to continue as executive chairman of the company and of Cathay Bank, the company said. In accordance with the company's succession plan, the boards of directors of the company and of Cathay Bank appointed Pin Tai as CEO and president of the company and as CEO of Cathay Bank, effective October 1, 2016."/>
Cathay General Bancorp appoints new president/CEO

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