Industry News

Oppenheimer& Co. Inc., a unit of Oppenheimer Holdings, hosted its inaugural Drone Day on Sept. 19, 2016 at the Storm King Art Center in New Windsor, New York. The event included flying demonstrations of the most recent drones in production and experts from leading private and public institutions such as GoPro, Ambarella, Yuneec International and Parrot SA. The event featured Shan Phillips, CEO of Yuneec International Co.' s U.S. business, and Gilles..."/>
Oppenheimer Hosts Inaugural Drone Day To Showcase New Technologies
Apollo Commercial Real Estate Finance, Inc. today announced Stuart Rothstein, the Company’ s Chief Executive Officer, is scheduled to present at the JMP Securities Financial Services and Real Estate Conference on September 27, 2016 at The St. Regis Hotel in New York, New York. The ARI presentation is scheduled to begin at 11:30am ET."/>
Apollo Commercial Real Estate Finance, Inc. to Present at JMP Securities Financial Services and Real Estate Conference
Brookline Bancorp, Inc. President& CEO Paul Perrault, who has been simultaneously serving as President& CEO of the holding company's chief subsidiary, Brookline Bank, announced today that Darryl Fess will step up to become President& CEO of Brookline Bank. Fess, who for the past five years has led the Bank's commercial real estate lending banking group, has been with Brookline Bank since May of 2010.. "My goal in recommending this change to our Board of..."/>
Brookline Bancorp, Inc. Names Darryl J. Fess President and CEO of Brookline Bank
Parke Bancorp, Inc. today announced the declaration of a $0.08 per share cash dividend payable on October 31, 2016, to its stockholders of record as of the close of business on October 14, 2016.. The Board anticipates paying cash dividends on a quarterly basis, subject to determination and declaration by the Board of Directors, which will take into account a number of factors, including the financial condition of the Company and..."/>
Parke Bancorp, Inc. Declares Cash Dividend
PJT Partners Inc. announced that its Chairman and Chief Executive Officer, Paul J. Taubman, is scheduled to present at the JMP Financial Services and Real Estate Conference in New York on Tuesday, September 27, 2016 at 12:30 p.m. ET. A live audio webcast of the presentation will be available through the Investor Relations section of PJT Partners’ website at Supporting presentation materials will also be available on PJT Partners’ website prior to..."/>
PJT Partners to Present at the JMP Financial Services and Real Estate Conference
A-Mark Precious Metals, Inc., a full-service precious metals trading company and an official distributor for all the major sovereign mints, reported results for the fiscal fourth quarter and full year ended June 30, 2016.. Revenues increased 19% to $1.74 billion Gross profit increased 27% to $7.6 million Net income decreased 58% to $1.1 million or $0.15 per diluted share Gold ounces sold increased 48% to 711,000 ounces Silver ounces sold..."/>
A-Mark Precious Metals Reports Fiscal Fourth Quarter and Full Year 2016 Results
Aflac Chairman and CEO Dan Amos addressed the students as part of the university's Fall Speaker Series. Noting that he rarely speaks to such groups in Columbus because of his schedule, Amos spent almost an hour giving students life lessons on how to deal with critical business issues."/>
Aflac CEO Dan Amos on diversity: 'I already know how a 60-year-old white guy thinks' [Columbus Ledger-Enquirer, Ga.]
New York Mortgage Trust, Inc. announced today that it is scheduled to present at the JMP Securities Financial Services& Real Estate Conference on Tuesday, September 27, 2016 at The St. Regis in New York, New York. The Company’ s presentation is scheduled to begin at 10:00 am. Presentation materials will be available on the Company’ s website at in the“ Events& Presentations” section beginning at 9:00 am on September 27, 2016.."/>
New York Mortgage Trust to Present at the JMP Securities Financial Services & Real Estate Conference
Bank of Commerce Holdings, a $1.1 billion asset bank holding company and parent company of Redding Bank of Commerce, today announced that the Board of Directors has authorized a cash dividend of $0.03 per share for the third quarter 2016.. The $0.03 per share quarterly cash dividend will be paid to shareholders of record as of October 4, 2016, and is payable on October 14, 2016.."/>
Bank of Commerce Holdings Announces Third Quarter Cash Dividend of $0.03 per Share
Sunwah International Limited, TSX: SWH, an Asian based financial services firm, today announced its financial results for the year ended June 30, 2016. All figures quoted are in U.S. dollars. Net loss attributable to owners of the Company of $5.1 million. Loss before tax of $10.3 million. Total revenues of $8.0 million. Commission and fee income of $11.0 million. Increase in interest and dividend income to $2.6 million. Net loss of $4.3 million for the year on..."/>
Sunwah International Reports Fiscal 2016 Financial Results
Canaccord Genuity Group Inc.. IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company."/>
IIROC Trading Halt - CF
Canaccord Genuity Group Inc. is pleased to announce that it has entered a private placement agreement with a large Canadian asset manager, pursuant to which it has agreed to purchase convertible unsecured debentures of Canaccord Genuity Group Inc. in an aggregate principal amount of $60 million."/>
Canaccord Genuity Group Inc. Announces $60 Million Private Placement of 6.50% Convertible Unsecured Senior Subordinated Debentures
Federal Home Loan Mortgage Corp. is eliminating grants and gifts from home lenders as an eligible source of down payments on its program for lower-income borrowers. Freddie Mac's Home Possible Mortgages are designed to provide financing for low- and moderate-income borrowers through low down payments and flexible sources of funds. Currently, the McLean, Virginia-based organization allows the borrower to utilize gifts and grants from the lender as an eligible..."/>
Freddie to Stop Allowing Lender-Paid DPA [Mortgage Daily]
Caesars Entertainment Corporation today announced that it, along with affiliates of Apollo Global Management, LLC and TPG Capital, L.P., have proposed an enhancement to their contributions to Caesars Entertainment Operating Company, Inc.' s current restructuring plan. The proposed increase follows discussions with major creditor constituencies of CEOC and its Chapter 11 debtor subsidiaries in an effort to reach a consensual debt..."/>
Caesars Entertainment and its Sponsors Propose to Increase Contributions to CEOC's Restructuring Plan
Nasdaq Stock Market ® announced that trading in Wheeler Real Estate Investment Trust, Inc. Series D Preferred Stock is scheduled to resume today, Wednesday, September 21, 2016 at 3:15 p.m., Eastern Time. Trading in the company’ s stock was halted on September 21, 2016 at 9:24: 09 Eastern Time.. For news and additional information about the company, please contact the company directly or check under the company’ s symbol using InfoQuotes SM on the Nasdaq ® Web..."/>
Nasdaq Scheduled Resumption in Wheeler Real Estate Investment Trust, Inc. Series D Preferred Stock
Communities First Financial Corporation serving Central California, and Breakaway Funding LLC, a securities-based crowdfunding portal, today are proud to introduce a hybrid crowdfunding process for business lending to the San Joaquin Central Valley.. Fresno First Bank will make a $10 million loan portfolio commitment available to customers who are working with Breakaway Funding to..."/>
Fresno First Bank and Breakaway Funding Sign Deal to Fund Businesses with Hybrid Crowdfunding
Hilltop Holdings Inc., has been named by Great Place to Work ® and Fortune magazine as the 5 th best place to work on this year's list of 100 Best Workplaces for Women. Results from the annual list, which is published in Fortune, are based upon employee survey feedback from nearly 140,000 women at Great Place to Work ®- certified companies."/>
PrimeLending Named 5th Best Workplace for Women by Great Place to Work® and Fortune
M and A Navigator: Deal pipeline –21 September
General Mills over the summer, driving a broader plunge in sales and profits for its latest quarter. Executives said it will be another few months before new products begin to help. The Golden Valley-based food processor beat investor expectations on profitability despite a 4 percent drop in net profit for the June-to-August period, its fiscal first quarter."/>
More yogurt troubles sour sales, profits at General Mills [Star Tribune (Minneapolis)]
Fifth Third Bancorp today announced the appointments of Jerry W. Burris and Eileen A. Mallesch to the Bancorp Board of Directors. “Both of these individuals represent outstanding additions to the Board and we welcome them,” said Marsha C. Williams, chair of the Fifth Third Bancorp Board. She added,“ Jerry’ s background as a CEO of Associated Materials, a privately held company, as well as his 20 years of management background with General Electric provide deep and broad..."/>
Fifth Third Appoints Jerry Burris and Eileen Mallesch to Bancorp Board of Directors

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