Industry News

Chemical Financial Corporation will announce its third quarter 2016 results after the stock market closes on Tuesday, October 25, 2016.. Chemical Financial Corporation will host a conference call to discuss these results on Wednesday, October 26, 2016 at 10:30 a.m. ET. Anyone interested may access the conference call on a live basis by dialing toll-free at 1-855-490-5692 and entering 716275 for the conference ID."/>
Chemical Financial Corporation Announces Third Quarter 2016 Earnings Conference Call
PHI Group, a U.S. diversified holding company engaged in mergers and acquisitions, announced today that the press release published on August 31, 2016 regarding the line of credit facility with TCA Global Credit Master Fund, LP is hereby corrected to read as follows:. On August 30, 2016, the Company signed a non-binding term sheet with TCA Global Credit Master Fund, LP for a maximum $15,000,000 senior secured line..."/>
PHI Group Obtains Non-binding Term Sheet for a Secured Credit Facility for Acquisition Financing
State Street Supports Launch of Only Currency Hedged, Smart Beta Emerging Markets ETF in Canada. TORONTO---- Canada’ s newest exclusively-smart beta ETF provider, Sphere Investments, has selected State Street as its custodian of record for its new series of funds. In April 2016, Sphere Investments and State Street launched four new Sustainable Yield ETF products on the Toronto Stock Exchange."/>
Sphere Investments Selects State Street as Custodian
Mentor Graphics has hired Bank of America to evaluate the possibility of selling the Wilsonville company, according to a report Sunday by Reuters. Mentor is Oregon's largest pure technology company, with roughly 1,000 employees at its corporate headquarters in Wilsonville. It makes electronic design automation software, which engineers use to design semiconductors, airplanes, cars and other complex products."/>
Mentor Graphics exploring sale, Reuters reports [The Oregonian, Portland, Ore.]
Flushing Financial Corporation, the parent holding company for Flushing Bank, announced that the Bank has provided a twenty-two million dollar Build NYC Resource Corporation Tax Exempt Bond to finance the acquisition and renovation of the new 150 West 85 th Street, Manhattan facility for the Manhattan Country School. The announcement was made by John R. Buran, President and Chief Executive Officer.. Buran stated:“ We are pleased that we could provide a..."/>
Flushing Bank Provided Financing For Manhattan Country School New Location
Man Group plc has entered into an agreement to acquire the entire issued share capital of US and Europe-based real asset focused investment manager Aalto Invest Holding AG and with the deal has launched Man Global Private Markets, the firm said. According to Man, the move forms the firm's private markets offering, which provides clients with access to longer term investments with a complementary risk reward profile to..."/>
Man Group Acquires Real Asset-Focused Investment Manager Aalto
Sunshine Bancorp, Inc. and FBC Bancorp, Inc., the companies said. Under the deal, which was announced in May, Sunshine will acquire FBC and its Florida Bank of Commerce holding in an all-stock merger transaction valued at approximately USD 40 m, the companies said. This deal is expected to close on or around 31 October, with a system conversion scheduled for the..."/>
Federal Regulator Clears Florida’s Sunshine Bancorp, FBC Bancorp Tie-Up
CIT Group Inc.' s CIT Real Estate Financeunit provided a USD 26.3 m senior secured credit facility to real estate investment company Shopoff Realty Investments to support the acquisition of two creative loft office buildings in Chicago, Illinois, the company said. The buildings are 900 North Franklin, an 87,721- square-foot building located in the River North area, and 224 North Desplaines, a 76,729-..."/>
CIT Provides USD 26.3m of Financing to Shopoff Realty Investments for Acquisition of Chicago Lofts
BancorpSouth, Inc. has extended its merger agreements with Central Community Corporation and Ouachita Bancshares Corp., the company said. The merger agreements were extended until 31 December 2017, with changes designed to protect the parties from the risks associated with the prolonged regulatory approval process that has delayed completion of the mergers. Last July, the deals were extended until 31 December 2015.."/>
BancorpSouth Delays Central Community, Ouachita Bancshares Mergers
Anworth Mortgage Asset Corporation reported on Friday that in accordance with the terms of its 8.625% Series A Cumulative Preferred Stock, or Series A Preferred Stock, the board of directors authorised a Series A Preferred Stock dividend of USD0.539063 per share for the fourth quarter of 2016.. In accordance with the terms of Anworth's 6.25% Series B Cumulative Convertible Preferred Stock, or Series B Preferred..."/>
Anworth's board declares Preferred Stock dividend payments for Q4
Northern Trust Asset Management announced today that Emily Lawrence has joined as Environmental, Social and Governance Senior Product Specialist. In this new role, Emily will support the development of Northern Trust’ s ESG platform with a primary focus on growth opportunities in the Wealth Management and Global Family Office channels."/>
Northern Trust Asset Management Adds ESG Investing Talent
INTL FCStone’ s precious metals division today announced that it is launching PMXecute+, an online trading platform connecting consumers and suppliers of physical gold globally. This unique platform provides seamless real-time access to the global bullion market routing customized bids and offers to the most relevant platform participants, based on inventory availability and preferences, and couples this with fully automated transaction..."/>
INTL FCStone Announces Unique Online Physical Gold Trading Platform
Federated Investors, Inc. today announced that monthly fund composition and performance data for Federated Premier Municipal Income Fund and Federated Premier Intermediate Municipal Income Fund as of Sept. 30, 2016, are now available in the Products section of To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email or write to Federated..."/>
Month-End Portfolio Data Now Available for Federated Investors' Closed-End Funds
Signature Bank, a New York-based full-service commercial bank, announced today that management will host a conference call to review results of its 2016 third quarter ended September 30, 2016 on Thursday, October 20, 2016 at 10:00 AM ET. Signature Bank’ s financial results for the 2016 third quarter will be released prior to market open on Thursday, October 20, 2016.. President and Chief Executive Officer Joseph J. DePaolo and Executive Vice President- Corporate and..."/>
Signature Bank to Host 2016 Third Quarter Results Conference Call
Shineco, Inc., a producer and distributor of Chinese herbal medicines, organic agricultural produce, specialized textiles, and other health and well-being focused plant-based products in China, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Yuying Zhang, Chairman& CEO, will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Shineco, Inc. (Nasdaq: TYHT) to Ring The Nasdaq Stock Market Closing Bell

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