Industry News

Hawaiian Electric Industries Inc. family. For the time being, anyway. With NextEra Energy Inc.' s proposed $4.3 billion acquisition being rejected 2-0 Friday by the state Public Utilities Commission, Hawaii's third-largest bank will continue to be a subsidiary of HEI as it has been since being acquired by the company in 1988.."/>
American Savings will stay tethered to parent for now [The Honolulu Star-Advertiser]
Small-bank results bode well [Bangkok Post, Thailand]
Under Armour CEO Kevin Plank, has purchased numerous properties from a major commercial landlord near Hollins Market in Southwest Baltimore, according to another developer and others involved in the community. Land records show more than 30 properties in the area, many of them owned by James Collins of Pantanal Properties, were sold last month, many on the same day, for more than $3.1 million. The buyers, nine separate limited liability companies,..."/>
Scott Plank takes stake in Hollins Market neighborhood [The Baltimore Sun]
Boston Herald The Ticker column [Boston Herald]
Stocks rally runs out of steam [Boston Herald]
VRL Logistics Ltd through a block trade on the stock exchanges for around Rs.147 crore, said two people aware of the development. The share sale resulted in a complete exit for NSR, which had invested Rs.175 crore in the company in 2012.. NSR had earlier part exited the firm through an initial public offering in April 2015."/>
NSR exits VRL Logistics through Rs147 crore block trade [Mint, New Delhi]
Under Armour CEO Kevin Plank, has purchased numerous properties from a major commercial landlord near Hollins Market in Southwest Baltimore, according to another developer and others involved in the community. Land records show more than 30 properties in the area, many of them owned by James Collins of Pantanal Properties, were sold last month, many on the same day, for more than $3.1 million. The buyers, nine separate limited liability companies,..."/>
Scott Plank takes stake in Hollins Market neighborhood [The Baltimore Sun]
United Security Bancshares, the Fresno-based parent of United Security Bank, reported an income of $2.021 million, or $0.12 per share, during the second quarter of 2016. It's just short of the $2.063 million, or $0.13 per share, of the same quarter in 2015.. "We have experienced exceptional growth in our loan portfolio during the first half of the year while maintaining strong liquidity and capital levels," said Dennis R. Woods, president and chief executive officer."/>
BRIEF: United Security Bancshares reports $2 million second-quarter profit [The Fresno Bee]
Valley Commerce Bancorp, parent company of Valley Business Bank, reported second-quarter earnings of $1.1 million, or $0.37 per share. That's an increase over the earnings of $911,000, or $0.31 per share, in the second quarter of 2015.. "We have diligently adhered to conservative credit fundamentals and are confident that our core earnings will remain strong despite looming economic challenges," said Allan W. Stone, president and CEO."/>
BRIEF: Valley Commerce Bancorp announces 2nd-quarter income [The Fresno Bee]
Starbucks and fast-charging Peet's. InHouse Ventures has purchased the business from Chris and Terri Martin, who bought 100 acres of property on Taylor Lane in Occidental in 1991 and two years later started roasting organic coffee beans for the wholesale market in an old barn on..."/>
Taylor Maid Farms coffee sold to Healdsburg investment firm [The Press Democrat, Santa Rosa, Calif.]
Chicago Tribune Gail MarksJarvis column [Chicago Tribune]

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