Industry News

Paz Oil Company Ltd. to comply with the requirements of the Concentration Law. Paz today reported that it has received permission from Prime Minister Benjamin Netanyahu and Minister of Finance Moshe Kahlon to sell its stake. Bino required such permission because Paz also owns the Ashdod Oil Refinery, which is considered a national strategic asset."/>
BRIEF: Zadik Bino readies to sell Paz stake [Globes, Tel Aviv, Israel]
Travelers Companies, Inc., is scheduled to speak at the Barclays Global Financial Services Conference in New York City on Tuesday, Sept. 13, 2016, at 8:15 a.m. ET. A live audio webcast of the event will be available on the investor section of the Travelers website at A replay will be available on the same site for 90 days."/>
Travelers CEO to Speak at the Barclays Global Financial Services Conference
Pinnacle Bancshares, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share. The dividend is payable September 16, 2016 to stockholders of record on September 6, 2016. The quarterly amount is equivalent to an annualized rate of $0.44 per share."/>
Pinnacle Bancshares Declares $0.11 Per Share Quarterly Cash Dividend
QNB Corp., parent company of QNB Bank, at a regular meeting on August 23, 2016 declared a quarterly cash dividend of $0.30 per share. The cash dividend is payable on September 30, 2016 to shareholders of record September 16, 2016.. QNB Corp. offers commercial and retail banking services through the 11 banking offices of its subsidiary, QNB Bank."/>
QNB Corp. Declares Dividend
TowneBank Announces Quarterly Cash Dividend
Rifco Inc., issued 17- Aug-2016 by Sym-Tech Inc. over CNW, the stock symbol for Rifco Inc. is now included. The complete, corrected release follows:. Sym-Tech Inc. Announces Acquisition of Shares in Rifco Inc.
/C O R R E C T I O N from source -- Sym-Tech Inc./
Infinity Property and Casualty Corporation, today announced Mr. James R. Gober, Chairman, President and CEO, Mr. Rob Bateman, EVP and CFO, and Mr."/>
Infinity Property and Casualty Corporation to Present at the 2016 Keefe, Bruyette & Woods Insurance Conference
Home Capital Group Inc. and its federally regulated lending subsidiary, Home Trust Company, today provided a statement on loan sales practices following a recent report published on an investing web site. Home Trust, in the normal course of its business, from time to time sells loans to third parties, when loans require work-outs or restructurings. All loans sold to third parties are accounted for, with any losses reflected in write-offs for the related..."/>
Home Capital Statement on Loan Sales Practices
Nasdaq MarketSite in Times Square to raise awareness for the tens of thousands of Americans impacted by historic flooding in Louisiana, the worst natural disaster in the US since Superstorm Sandy. More than 1900 Red Cross workers are on the ground in Louisiana now providing shelter, food and comfort, and will continue to be there in the weeks and months ahead, helping residents recover from this devastating disaster."/>
American Red Cross to Ring the Nasdaq Stock Market Opening Bell
Nasdaq MarketSite in Times Square to commemorate Pakistan's 70 th Independence Day. In honor of the occasion Ambassador Lodhi will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Ambassador Dr. Maleeha Lodhi as Chief Guest of Pakistan American Business Association to Ring The Nasdaq Stock Market Closing Bell
Rockwell Collins will begin to move those 300 employees back into its main campus next month. Rockwell spokeswoman Pam Tvrdy-Cleary said the decision to move them to 400 Collins Rd. NE was to co-locate them with the employees they work with and support."/>
Rockwell Collins to move 300 out of downtown [The Gazette, Cedar Rapids, Iowa]
Old Republic International Corporation today announced the pricing of $550 million aggregate principal amount of Senior Notes due 2026. The Senior Notes will mature on August 26, 2026 and will have an interest rate of 3.875%. The Senior Notes were priced at 99.819% to yield 3.897% to maturity."/>
Old Republic Announces Pricing Of 3.875% Senior Notes Due 2026
Apollo Commercial Real Estate Finance, Inc. and Apollo Residential Mortgage, Inc. today announced the common stockholders of AMTG approved the proposed acquisition of AMTG by ARI at a special meeting of AMTG stockholders. Upon the completion of the acquisition, AMTG common stockholders will receive 0.417571 shares of ARI common stock and $6.86 in cash for each share of AMTG common stock that they hold, based upon AMTG’ s book value per share of common stock on the pricing..."/>
Apollo Residential Mortgage, Inc. Receives Stockholder Approval to Be Acquired by Apollo Commercial Real Estate Finance, Inc. and Announces Closing Date for Completion of the Acquisition
American International Group Inc on Tuesday named Cindy Leggett-Flynn as senior vice president and chief communications officer, as of 19 September 2016.. In this position Leggett-Flynn reports to Jeffrey Hurd, executive vice president and chief operating officer, and will oversee the company's communications strategy, corporate brand and marketing, internal communications, media relations and corporate citizenship activities. Most recently, Leggett-Flynn was a New..."/>
AIG appoints Cindy Leggett-Flynn as SVP and chief communications officer
Jefferson Security Bank announced on Tuesday a half yearly dividend of USD0.50 per share, as approved by its board of directors. This dividend will be paid on 15 September 2016 to shareholders of record as of 31 August 2016. The total dividend of USD1.00 per share for 2016 represents an increase of 11% when compared to the 2015 total of USD0.90 per share."/>
Jefferson Security Bank declares half yearly dividend of USD0.50 per share
Preferred Apartment Communities, Inc. today announced that it closed on a loan investment of up to approximately $21.1 million. This investment is in connection with Bristol Development Group's plans to develop a 271- unit multifamily community located in Birmingham, Alabama. Additionally, with this investment, PAC received an option to purchase the multifamily community following stabilization at a discounted price to market."/>
Preferred Apartment Communities, Inc. Announces Investment in Birmingham, Alabama Multifamily Development
Allied World Assurance Company Holdings AG on Wednesday revealed that Jason Glasgow has been appointed vice president, practice lead of Technology, Privacy& Network Security Professional Liability for Allied World U.S. Glasgow in this position will be in charge of the strategy, management and underwriting of Allied World's U.S. Most recently, Glasgow was with Travelers where he served as vice president and Cyber Risk Product Manager."/>
Allied World North America names Jason Glasgow as head of U.S. Cyber Platform

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