Industry News

State National Companies, Inc., a leading specialty provider of property and casualty insurance services, today announced that Matt Freeman, President, and David Hale, Chief Operating Officer and Chief Financial Officer, are scheduled to present at the Singular Research 11th Annual "Best of the Uncovereds" Investment Conference on Thursday, September 22, 2016, at 1:00 p.m. PT in Los Angeles, CA. A live audio webcast and the corporate..."/>
State National Companies to Present at the Singular Research 11th Annual "Best of the Uncovereds" Investment Conference
Third Federal Rated Superior for More Than 28 Years
American Capital Agency Corp. announced today that its Board of Directors has declared a cash dividend of $0.18 per share of common stock for September 2016. The dividend is payable on October 7, 2016 to common stockholders of record as of September 30, 2016, with an ex-dividend date of September 28, 2016.. The Company also announced today its estimated net book value of $22.71 per common share, and estimated net tangible book value of $21.01..."/>
American Capital Agency Corp. Declares Monthly Common Stock Dividend of $0.18 per Common Share for September 2016 and Announces Estimated Net Book Value and Estimated Net Tangible Book Value per Common Share as of August 31, 2016
Accenture. The funding will increase the company's investment in its strategy as the go-to source for improving customers' digital experiences. This round brings Applause's total funding-to-date to more than $115 million."/>
Digital testing co Applause raises $35m [Globes, Tel Aviv, Israel]
Israel Discount Bank has unveiled a new streamlining program including voluntary retirement for 500 employees in the coming few years. Most of the program will be implemented this year and estimates are that 300 employees will retire before the end of 2016.. The program will cost an estimated NIS 510 million of which NIS 60 million was already set aside in the first quarter of 2016 financial report."/>
Discount Bank offers 500 employees early retirement [Globes, Tel Aviv, Israel]
Southside Bancshares, Inc., the holding company for Southside Bank, today announced the pricing of its public offering of $100 million aggregate principal amount of its Fixed-to-Floating Rate Subordinated Notes due 2026. Due to market demand, Southside increased the aggregate principal amount of the Notes to $100 million from the previously announced amount of $75 million. The Notes will mature on September 30, 2026."/>
Southside Bancshares, Inc. Announces Pricing of $100 Million of Fixed-to-Floating Rate Subordinated Notes
MetLife officially celebrated the grand opening of its new global Investments headquarters, located in Whippany, N.J. The new headquarters honors the history and stability of MetLife while embracing the future with a diverse, dynamic and collaborative work environment. This Smart News Release features multimedia."/>
MetLife Celebrates Grand Opening of Its New State-of-the-Art Investments Headquarters in Whippany, N.J.
United Development Funding IV today announced that the Nasdaq Hearings Panel has granted an extension of the exception previously granted for continued listing of the Trust’ s common shares on The NASDAQ Stock Market. The Trust’ s continued listing is subject to the condition that, on or before October 17, 2016, the Trust become current in its periodic filings with the Securities and Exchange Commission. The Trust must also be able to demonstrate..."/>
Nasdaq Hearings Panel Grants Extension of Exception for Continued Listing of United Development Funding IV Shares
Nasdaq today announced it has been selected to join the Dow Jones Sustainability Indices. Nasdaq is one of 16 companies added to the Dow Jones Sustainability North America Index in 2016, which is comprised of 146 companies.. Nasdaq actively supports its 3,500 listed companies in their sustainability efforts, and strives to create an open dialogue between listed companies, investors, analysts, regulators, and academics on the economic value of..."/>
Nasdaq Included in Dow Jones Sustainability Index
Heritage Global. SAN DIEGO---- Heritage Global Inc., a leader in distressed and surplus corporate and financial asset valuations and transactions, today announced that Marc Swirsky has been appointed to serve in a dual leadership capacity for two Company divisions. Swirsky will serve as Managing Director of Heritage Global Capital, HGI’ s term lending services..."/>
Heritage Global Appoints Industry Veteran Marc Swirsky to Dual Leadership Roles in Valuation and Fixed Asset Financing Services Divisions
Dow Chemical Co., then spin out three successor firms, under pressure from investors who ran out..."/>
DuPont to resume giving raises and promotions [The Philadelphia Inquirer]
Manulife Financial Corporation today announced that Richard Payette has been appointed President and CEO, Manulife Quebec. This is Manulife's leading position for Quebec, and Mr. Payette will be responsible for leading the development, implementation and execution of the Quebec strategy to advance Manulife's position and support the Company's mission and vision in Quebec."/>
Richard Payette appointed President & CEO, Manulife Quebec
Camden National Bank's wealth management subsidiary, Acadia Trust, is merging with the bank and will be renamed Camden National Wealth Management, the bank said Tuesday. The merger will allow the bank to offer a wider range of products and services to both its wealth management and banking customers, Camden National executives said in a news release. Mary Beth Haut, who joined Acadia Trust in April, will become managing director and executive of Camden National Wealth..."/>
Acadia Trust to merge with Camden National Bank [Portland Press Herald, Maine]
KeyCorp chairman and CEO Beth Mooney pledged the bank will be ready to bring First Niagara customers on board when the handoff happens next month. "You only get one chance to make a good first impression, and we've worked hard to ensure that our one million new clients have a smooth transition and a positive experience, which will be on a brand-new, modern platform," Mooney said this week at the Barclays Global Financial Services Conference. Key will convert First Niagara..."/>
Key CEO expects "smooth transition" with First Niagara [The Buffalo News, N.Y.]
Northwest Bancshares, Inc.' s Northwest Bank subsidiary has closed the acquisition of 18 Western New Yorkbank branches with deposits ofUSD 1.7 bn from First Niagara Bank N.A, the company said. Northwest Bancshares paid USD 78.2 m for the branches. The deal was subject to the closing of the KeyCorp/First Niagara Financial Group, Inc. merger."/>
Northwest Bancshares Closes Acquisition of 18 First Niagara Branches in Buffalo, New York
Resonant Inc., a designer of filters for radio frequency, or RF, front-ends that specializes in delivering designs for difficult bands and complex requirements, today announced the closing of an underwritten public offering for 2,715,000 shares of its common stock, which includes the exercise in full by the underwriters of their over-allotment option, at a per share price to the public of $4.25. The Company will receive gross proceeds of approximately $11.5..."/>
Resonant Closes $11.5 Million Public Offering of Its Common Stock
Nasdaq MarketSite in Times Square in celebrating the recent debut its flagship iSectors ® Post-MPT Growth ETF. The actively-managed ETF aims to optimize investor return and minimize the downside risk. In honor of the occasion, Charles H. Self III, Chief Operating Officer and Chief Investment Officer of iSectors and Portfolio Manager for PMPT, will ring the Opening Bell."/>
ISectors, LLC to Ring The Nasdaq Stock Market Opening Bell
Fifth Third Bancorp designed to add significant strategic value to both organizations and their customers. The comprehensive agreement enables Fifth Third to originate loans through GreenSky's existing merchant network and will be able to offer GreenSky's financing solutions to merchants with whom it does business today, improving credit access to those merchants'..."/>
GreenSky Announces Strategic Agreement with Fifth Third Bank

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