Industry News

Bank of America today announced a comprehensive redesign of its award-winning mobile app that includes easier navigation and the ability to set the language to Spanish, in addition to other features that make it easier for customers to control their finances from the palm of their hand. “Our clients increasingly rely on their mobile..."/>
Bank of America Continues Investment in Mobile With Redesigned App
ARM Holdings. Sprint, the American telecoms firm, was bought by Softbank three years ago in a pounds sterling 16.7 bn deal– a record at the time. But since then the deal has been mired by losses and concerns over the vast debts at Sprint."/>
Pounds sterling 25billion black hole that could sink ARM takeover [Daily Mail, London]
Mondelez International wants to buy the licence from UK-based biscuit maker Burton's Biscuits Co, according to Sky News. It is thought pounds sterling 200 m has been offered for the licence from Burton's, whose parent company is controlled by investment giant Canada's Ontario Teachers' Pension Plan."/>
Biscuit wars as Cadbury plots pounds sterling 200m Burton's bid [Daily Mail, London]
ARM Holdings. But how much better it would have been if someone close to our elected politicians had done more due diligence. Masayoshi Son is less risk-averse than other Japanese entrepreneurs and has become very wealthy on the back of his group's stake in Chinese digital giant Alibaba."/>
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Daily Mail, London, market report column [Daily Mail, London]
Yadkin Financial Corporation, the holding company for Yadkin Bank, announced that its Board of Directors declared on Wednesday, July 20, 2016 a regular quarterly cash dividend of $0.10 per share of its issued and unrestricted common stock. The dividend will be paid on or after August 18, 2016 to shareholders of record as of August 11, 2016.. Yadkin Financial Corporation is the bank holding company for Yadkin Bank, a full-service state-chartered..."/>
Yadkin Financial Corporation Declares Cash Dividend on Common Stock
Yadkin Financial Corporation, the parent company of Yadkin Bank, today announced financial results for the second quarter ended June 30, 2016.. "We are pleased to report the Company achieved record net income and net operating earnings in the second quarter of 2016," announced Scott Custer, Yadkin's CEO. "The strong performance reflects the impact of the acquisition of NewBridge Bancorp earlier this year and robust growth within the entire branch..."/>
Yadkin Financial Corporation Reports Record Earnings  in the Second Quarter of 2016
Urstadt Biddle Properties Inc. today announced the pricing of its underwritten offering of 2,750,000 shares of its Class A common stock at a price to the public of $23.70 per share. The Company has granted the underwriter an option for 30 days to purchase up to an additional 412,500 shares of its Class A common stock. The offering was made pursuant to the Company’ s shelf registration statement and settlement is expected to occur on or about July 26, 2016."/>
Urstadt Biddle Properties Inc. Announces Pricing of Class A Common Stock Offering
NYSE Leads in U.S. IPO Proceeds Raised to Date in 2016
Manulife Financial Corporation will release its second quarter 2016 financial results on the morning of Thursday, August 4, 2016. There will be a live webcast of the quarterly conference call with analysts beginning at 2:00 p.m.. Scheduled speakers are Donald Guloien, President and Chief Executive Officer and Steve Roder, Senior Executive Vice President and Chief Financial Officer. Please call in 10 minutes prior to the scheduled start time."/>
Manulife to Release Second Quarter 2016 Financial Results
MGM Resorts International will release the Company's financial results for the second quarter 2016 before the market opens on Thursday, August 4, 2016. MGM and MGM Growth Properties LLC will host a joint conference call that day at 11:00 a.m. Eastern Time, which will include a brief discussion of their respective results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on..."/>
MGM Resorts International Announces Second Quarter 2016 Earnings Release Date
MGM Growth Properties LLC will release the Company's financial results for the second quarter 2016 before the market opens on Thursday, August 4, 2016. MGM Resorts International and MGP will host a joint conference call that day at 11:00 a.m. Eastern Time, which will include a brief discussion of their respective results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on..."/>
MGM Growth Properties LLC Announces Second Quarter 2016 Earnings Release Date
F.N.B. Corporation and Yadkin Financial Corporation today jointly announced the signing of a definitive merger agreement pursuant to which F.N.B. Corporation will acquire Yadkin Financial Corporation, the holding company and parent of Yadkin Bank, in an all-stock transaction valued at approximately $27.35 per share, or $1.4 billion in the aggregate, using the 20- day trailing average closing stock price of FNB as of..."/>
F.N.B. Corporation to Acquire Yadkin Financial Corporation, Creating Premier Mid-Atlantic and Southeast Regional Bank
F.N.B. Corporation reported earnings for the second quarter of 2016 with net income available to common stockholders for the second quarter of 2016 of $39.3 million, or $0.19 per diluted common share, including $0.03 per share in merger-related costs. Comparatively, first quarter of 2016 net income available to common stockholders totaled $24.1 million, or $0.12 per share, including $0.09 per share in merger-related costs, and second..."/>
F.N.B. Corporation Reports Second Quarter 2016 Earnings
SolarCity to make it easier for customers to fully integrate sustainable products in their homes and businesses. "The faster we achieve sustainability," Musk wrote, "the better.""/>
Elon Musk sees pickups, semi-trucks, solar panels and ride-sharing in Tesla's future [East Bay Times]
CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of S&P 500 Total Return Index Futures and S&P 500 Carry Adjusted Total Return Index Futures futures. These new products are designed to help market participants mitigate costs and find efficiencies related to new uncleared swap margin rules, which will go into effect on Sept. 1, 2016. The products will be available for trade August 29, pending..."/>
CME Group Announces Launch of S&P 500 Total Return Index Futures and S&P 500 Carry Adjusted Total Return Index Futures
Canadian Tire Corporation, Limited will release its second quarter 2016 financial results and host an earnings conference call."/>
Media Advisory - Canadian Tire Corporation Second Quarter 2016 Results
Heritage Financial Corporation today reported that the Company had net income of $8.9 million for the quarter ended June 30, 2016 compared to net income of $8.7 million for the quarter ended June 30, 2015 and $9.1 million for the linked-quarter ended March 31, 2016. Diluted earnings per common share for the quarter ended June 30, 2016 was $0.30 per diluted common share compared to $0.29 per diluted common share for the quarter ended June..."/>
Heritage Financial Announces Second Quarter 2016 Results And Declares Regular Cash Dividend

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