Industry News

S&T Bancorp, Inc., the holding company for S&T Bank with locations in Pennsylvania, Ohio, and New York, announced today there will be a conference call detailing the company's Second quarter 2016 earnings live over the Internet at 1:00 p.m. ET on Thursday, July 21, 2016. Todd D. Brice, president and chief executive officer, and Mark Kochvar, senior executive vice president and chief financial officer, will conduct the conference call."/>
S&T Bancorp To Webcast Second Quarter Earnings Conference Call
First Foundation Inc., a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, which collectively provide investment management, wealth planning, consulting, insurance, trust and banking services primarily to high net-worth individuals and businesses, today announced that during the second quarter of 2016, the Company finalized pricing on an agreement to sell approximately $265..."/>
First Foundation Announces Agreement with Freddie Mac on Loan Sale
Eaton Vance High Income 2021 Target Term Trust, a closed-end management investment company, today announced its first monthly distribution of $0.05 per common share. The Trust began trading on the NYSE on May 26, 2016. The distribution is expected to be paid on July 22, 2016 to shareholders of record on July 15, 2016."/>
Eaton Vance High Income 2021 Target Term Trust Declares Initial Monthly Distribution
American Financial Group, Inc. announced that it has declared a regular dividend of $0.28 per share of American Financial Group Common Stock. The dividend is payable on July 25, 2016 to holders of record on July 15, 2016.. About American Financial Group, Inc.."/>
American Financial Group, Inc. Declares Quarterly Dividend
Blue Valley Ban Corp on Thursday appointed B. Todd York as senior vice president of Wealth Management for Bank of Blue Valley, its subsidiary bank. In this position, York will lead banking professionals from the bank's trust, investment services and private banking teams, to provide various Wealth Management solutions for customers. Most recently, York was Private Client Group managing director for U.S."/>
Blue Valley Ban Corp names B. Todd York as SVP of Wealth Management for Bank of Blue Valley
Daily Mail, London, market report column [Daily Mail, London]
Lakeland Bancorp, Inc., the parent company of Lakeland Bank, announced that its acquisition by merger of Harmony Bank closed today.. Following the merger, Lakeland Bancorp will have $4.7 billion in total assets and will operate 56 New Jersey branch offices in Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren counties, five New Jersey regional commercial lending centers in Bernardsville, Montville, Newton, Teaneck and Waldwick and two..."/>
Lakeland Bancorp Announces Closing of Acquisition of Harmony Bank
MVB Financial Corp.. MVB Insurance is a retail property-casualty and employee benefits insurance brokerage firm based in Morgantown, West Virginia. All employees at MVB Insurance have been offered employment by USI."/>
USI Insurance Services Strengthens Position as Largest Insurance Brokerage and Consulting Firm in West Virginia with Acquisition of MVB Insurance
Tanger Factory Outlet Centers, Inc., now owns 100% of Tanger Outlets Westgate after completing the acquisition of its partners' ownership interests on June 30, 2016. Serving the greater Phoenix market since November 2012, Tanger Outlets Westgate is an upscale outlet shopping destination featuring 95 brand name and designer outlet stores, located in Glendale, Arizona within the Westgate Entertainment District. Other components of the..."/>
Tanger Acquires Partners' Ownership Interests in Tanger Outlets Westgate Located in the Greater Phoenix Market
Daily Mail, London, Alex Brummer column [Daily Mail, London]
B. Riley Financial, Inc., a diversified provider of financial and business advisory services, has completed the acquisition of United Online, Inc., an Internet access and services provider. B. Riley Financial acquired United Online for $11.00 per share in a transaction valued at approximately $170 million. As part of the transaction, Robert J. Taragan will be rejoining United Online as its CEO."/>
B. Riley Financial Completes Acquisition of United Online
Anworth Mortgage Asset Corporation reported on Friday that as per the terms of its 6.25% series B cumulative convertible preferred stock, the conversion rate will increase from 4.5739 to 4.6635 shares of its common stock as of 1 July 2016.. Also, the company's board of directors has approved a quarterly common stock dividend of USD0.15 per share which will be paid on 29 July 2016 to shareholders of record as of the close of business on 30 June 2016.. Anworth noted that, when the..."/>
Anworth increases conversion rate of series B preferred stock to 4.6635 shares of common stock
Twilio, ZICO, StubHub, and more on BizWireTV– now featuring the Top Five Most-Shared Stories of the Week. This Smart News Release features multimedia."/>
On BizWireTV: Virtual Reality Enters the Classroom and the Top 5 Most Shared Stories of the Week
Hershey Co. began to unravel Thursday almost as quickly as the time it takes to unwrap one of the company's legendary Kisses. Hershey confirmed Thursday it received a takeover offer from snack-maker Mondelez International Inc., but also said its board had "unanimously" rejected the deal. The board also said the offer provided "no basis for further discussion.""/>
Takeover bid not sweet enough for Hershey board [The Morning Call (Allentown, Pa.)]
Resource America, Inc. announces that its Board of Directors has authorized the payment of a cash dividend on July 29, 2016 in the amount of $0.06 per share of the Company's common stock to all holders of record at the close of business on July 15, 2016.. The Company has paid a consecutive quarterly cash dividend for over 20 years. Resource America, Inc. is an asset management company that specializes in real estate and credit investments."/>
Resource America, Inc. Authorizes Payment of Quarterly Cash Dividend
Mercantile Bank Corporation will hold a conference call to discuss second quarter 2016 results on Tuesday, July 19, at 10:00 a.m. Eastern Time. Interested parties may access the conference call by dialing 1-844-868-8844; passcode 10089043. The conference call will also be webcast live at"/>
Mercantile Bank Corporation Announces Second Quarter 2016 Results Conference Call and Webcast
ARMOUR Residential REIT, Inc. today confirmed the July 2016 cash dividend rate for the Company’ s Common Stock and the Q3 2016 monthly cash dividend rates for the Company’ s Series A and Series B Preferred Stock.. July 2016 Common Stock Dividend Information. Q3 2016 Series A Preferred Stock Dividend Information."/>
ARMOUR Residential REIT, Inc. Confirms July 2016 Dividend Rate Per Common Share and Q3 Monthly Dividend Rates Per Preferred Share
Ladenburg Thalmann Financial Services Inc. today confirmed the third quarter 2016 monthly cash dividends for its 8.00% Series A Cumulative Redeemable Preferred Stock. The $0.1667 per share dividends are payable as follows:. Ladenburg Thalmann Financial Services Inc. is a publicly-traded diversified financial services company based in Miami, Florida."/>
Ladenburg Thalmann Financial Services Inc. Confirms Series A Preferred Stock Monthly Dividends for Q3 2016

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