Industry News

Nasdaq MarketSite in Times Square in celebration of the recent listing of The Highland iBoxx Senior Loan ETF, managed by the firm’ s retail arm, Highland Capital Management Fund Advisors, L.P. In honor of the occasion, Mark Okada, Co-founder and Chief Investment Officer, will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Highland Capital Management, L.P. to Ring The Nasdaq Stock Market Closing Bell for Relisting of Senior Loan ETF (SNLN)
MarketAxess, a leading electronic trading platform for fixed-income securities and a provider of market data and post-trade services for the global fixed-income markets, to jointly develop indices that will track the most liquid segments of the U.S. corporate bond market. "Investor demand for U.S. corporate bonds..."/>
S&P Dow Jones Indices and MarketAxess Enter Strategic Agreement to Build U.S. Corporate Bond Indices
Indian Bank and Canara Bank Ltd cut their marginal cost of funds based lending rate and their base rate. State Bank of India Ltd, the country's largest lender, had cut its MCLR before the monetary policy announcement. MCLR is the new benchmark lending rate at which banks lend to new borrowers."/>
Did you know: most new home loans ride on 1-year MCLR [Mint, New Delhi]
State Street Global Advisors, the asset management business of State Street Corporation, today announced that it has strengthened its senior leadership team by adding Stephen Tisdalle as chief marketing officer. Tisdalle will report to Cyrus Taraporevala, SSGA head of global product& marketing. Tisdalle joins SSGA from OppenheimerFunds where he served as head of marketing with responsibility for brand advertising, corporate communications and PR, digital..."/>
State Street Global Advisors Appoints Tisdalle as Chief Marketing Officer
Canaccord Genuity Group Inc. is pleased to announce the addition of the LePoidevin Group, one of Canada's top-ranked advisory teams to its Canadian Wealth Management division. This addition supports the firm's stated corporate objective of growing assets under management to both increase and enhance the long-term..."/>
Canaccord Genuity Group Inc. welcomes the LePoidevin Group advisory team to its Canadian Wealth Management platform
Stellus Capital Investment Corporation Board of Directors has declared a regular monthly dividend for each of October, November and December for an aggregate of USD0.34 per share. The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940.. The Company's investment activities are managed by its investment adviser, Stellus..."/>
Stellus Capital Investment announces USD0.34 monthly dividend
Ellington Financial LLC estimated book value per common share as of September 30, 2016 was USD20.12, or USD19.84 on a diluted basis, the company said. Estimated book value per share on a diluted basis takes into account securities convertible into the Company's common shares. These estimates are subject to change upon completion of the Company's month-end valuation procedures relating to its investment positions, and any such change could be material."/>
Ellington Financial reports estimated book value
Ally Financial Inc., is observing the second annual National Online Bank Day, recognized each year on the second Monday in October, the bank said. To celebrate the occasion, the bank is introducing a new certificate of deposit product, Select CD, which features a limited time only promotional rate and term. Ally established National Online Bank Day in 2015 to emphasize the compelling value proposition of online banks compared to..."/>
Ally Bank launches CD promotional rate
ConAgra Foods, Inc. set forth in the table below, up to a maximum aggregate purchase price of $1,365,000,000. The Tender Offers are open to all holders of the applicable series of Notes. The amount of a series of Notes that is purchased in the Tender..."/>
Goldman, Sachs & Co. And Merrill Lynch, Pierce, Fenner & Smith Incorporated Announce Cash Tender Offers For Debt Securities Of ConAgra Foods, Inc. For An Aggregate Purchase Price Of Up To $1,365,000,000
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced its acquisition of TD Service Financial Corporation, an industry-leading provider of technology and services to the mortgage banking industry that..."/>
First American Acquires TD Service Financial Corporation
Golub Capital BDC, Inc., a business development company, today announced that it originated $179.4 million in new middle-market investment commitments during the three months ended September 30, 2016. Approximately 85% of the new middle-market investment commitments were one stop loans, 14% were senior secured loans and 1% were equity securities. Of the new middle-market investment commitments, $176.1 million funded at close."/>
Golub Capital BDC, Inc. Announces $179.4 Million in New Middle-Market Originations for Its Fiscal Year 2016 Fourth Quarter
Aflac, the leading provider of voluntary insurance sales at the worksite in the United States, today announced that it is once again supporting National Breast Cancer Awareness Month through its national "This Duck Wears Pink" initiative. The company has created exclusive pink-themed Aflac Duck merchandise, which is available for purchase at Donations and 100 percent of the net proceeds from all merchandise will go..."/>
Aflac Goes Pink with Gifts that Give Back to Breast Cancer Research
Willis Towers Watson, a leading global advisory, broking and solutions company, has released a new version of vGrid, its cloud-based software-as-a-service technology. vGrid 2.0 allows insurers to run financial models faster and more easily, and introduces new sophisticated security features.. The computational grid solution gives life insurers on-demand access to scalable computing power to help them meet ever-reducing reporting timetables."/>
Improved security, faster run times and cost savings boost cloud appeal for life insurers
YOUGOV has shifted its focus to the US as the presidential election campaign hots up. Stephan Shakespeare, the pollster's founder and chief executive, said their polls predicted a win for Democrat Hillary Clinton. But he added:' Could it be the Trump voters are more enthusiastic and will make it closer than we expect?"/>
Daily Mail, London, business briefs column [Daily Mail, London]
Kingstone Companies, Inc., a multi-line property and casualty insurance holding company, announced today that it will hold its 2016 third quarter financial results conference call for analysts and investors on Friday, November 11, 2016 at 8:30 a.m. Eastern Time. The earnings announcement is scheduled for release shortly after the stock markets close on the previous day, Thursday, November 10, 2016.. The conference call will be hosted by Kingstone’ s Chairman..."/>
Kingstone Schedules 2016 Third Quarter Financial Results and Conference Call
Synchrony Financial Pledges $2.2 million in philanthropic support across multiple programs. STORRS, Conn.& STAMFORD, Conn.---- This Cyber Security Awareness Month, the University of Connecticut’ s School of Engineering and Synchrony Financial have announced the launch of Synchrony Financial’ s Center of Excellence in Cybersecurity at UConn. The Center will promote cutting edge research in cybersecurity, a field that is expected to grow from $122 billion worldwide in 2016 to..."/>
University of Connecticut Establishes Synchrony Financial Center of Excellence in Cybersecurity
MetLife Auto& Home to enhance its protection, and savings, for small business owners. MetLife Auto& Home Link sm small business customers in New Jersey and California who currently have, or install, an ADT security system will now be eligible for an additional 10 percent discount throughout the entire term of their policy."/>
ADT Announces Affiliation with MetLife Auto & Home® to Provide Greater Protection and Savings for Small Business Owners
Financial Institutions, Inc., continues to expand and strengthen its management team with the hiring of Edward S. Oexle as Buffalo Regional President. In this role, Oexle will serve as the bank’ s senior executive in one of its largest growth markets, further accelerating momentum in serving communities across Western New York.. Oexle, who started work at Five Star today, is a highly-respected banker with more than 25 years of..."/>
Five Star Bank Names Ted Oexle Buffalo Regional President
LM Funding America, Inc., a specialty finance company offering unique funding solutions to community associations, has been invited to present at two conferences in October.. The Dawson James Securities 2nd Annual Growth Stock Conference is being held October 19-20 at the Wyndham Grand Hotel in Jupiter, Florida. LM Funding CEO Bruce Rodgers is scheduled to present on Thursday, October 20 at 3:30 p.m. Eastern time, with one-on-one meetings held throughout..."/>
LM Funding to Present at the Dawson James Growth Stock Conference on October 20 and the MicroCap Conference on October 25

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Information Technology480 Articles
Consumer Discretionary370 Articles
Financials344 Articles
Health Care302 Articles
Materials271 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at