Industry News

Apollo Commercial Real Estate Finance, Inc., today announced the Company will hold a conference call to review its third quarter 2016 financial results on Thursday, October 27, 2016 at 10:00 a.m. Eastern Time. The Company’ s third quarter 2016 financial results will be released after the market closes on Wednesday, October 26, 2016. During the conference call, Company officers will review third quarter 2016 performance, discuss recent events and conduct a..."/>
Apollo Commercial Real Estate Finance, Inc. Announces Dates for Third Quarter 2016 Earnings Release and Conference Call
Independent Bank Corp., parent of Rockland Trust Company, and New England Bancorp, Inc., parent of Bank of Cape Cod, jointly reported the following in connection with the proposed merger of NEB with and into Independent:. All regulatory approvals relating to the Merger have been received and applicable regulatory waiting periods have expired as of October 17, 2016. The Merger is anticipated to close on or about November 10, 2016. The transaction remains..."/>
Independent Bank Corp. and New England Bancorp, Inc. Report Receipt of Regulatory Approvals and Anticipated Closing Date
Primerica, Inc. announced today that it will hold a webcast on Thursday, November 10, 2016 at 10:00 a.m. Eastern Time to discuss the Company’ s results for the third quarter ended September 30, 2016, as well as other business-related matters. The earnings news release announcing the third quarter 2016 financial results will be distributed on Wednesday, November 9, 2016, after the close of the market. The earnings news release, financial supplement and live webcast..."/>
Primerica Schedules Third Quarter 2016 Financial Results Webcast
1347 Property Insurance Holdings, Inc., a property and casualty insurance holding company offering insurance to individual and commercial customers in Louisiana and Texas through its wholly-owned subsidiary, Maison Insurance Company, today announced that the Company and its Board of Directors have commenced a strategic and financial review to evaluate various means of enhancing shareholder value. This review will include, among other things, a thorough..."/>
1347 Property Insurance Holdings, Inc. to Conduct Strategic Review
ServisFirst Bancshares, Inc., today announced earnings and operating results for the quarter and nine months ended September 30, 2016.. Diluted EPS of $0.78 for third quarter of 2016, a 28% increase year over year Net income of $59.7 million and diluted EPS of $2.23 for the nine months ended September 30, 2016 Core diluted EPS* for the nine months ended September 30, 2016 increased 30% year over year as 2015 results were impacted by..."/>
ServisFirst Bancshares, Inc. Announces Results For Third Quarter Of 2016
BNC Bancorp, the holding company for Bank of North Carolina, today announced it has received regulatory approval from the Federal Reserve Board of the previously announced merger transaction between the Company and High Point Bank Corporation, the holding company for High Point Bank& Trust Company, and that all necessary regulatory approvals for the closing of the transactions have been met. The Company previously received regulatory..."/>
BNC Bancorp Announces Receipt of Regulatory Approvals for High Point Bank Corporation Merger Transaction
Medley Management Inc., today announced that it will release its financial results for the third quarter ended September 30, 2016 on Monday, November 14, 2016, after the closing of the New York Stock Exchange.. The Company will host an earnings conference call and audio webcast at 10:00 a.m. on Tuesday, November 15, 2016.. All interested parties may participate in the conference call by dialing 524-5743 approximately 5-10 minutes prior to the call."/>
Medley Management Inc. Schedules Earnings Release Date and Webcast for the Quarter Ended September 30, 2016
Gouverneur Bancorp, Inc. the holding company for Gouverneur Savings and Loan Association, today announced that Cambray Mutual Holding Company, the mutual holding company that owns 58.99% of the Company’ s outstanding common stock, will hold a special meeting of its members to vote on a proposal to waive Cambray MHC’ s right to receive annual dividends of up to $0.34 per share that may be declared by the Company during the 12- month period following the..."/>
Mutual Holding Company for Gouverneur Bancorp, Inc. to Seek Member Approval for Dividend Waiver
Chubb's risk management solutions division, has launched a new Alternative Markets Practice focused exclusively on non-traditional casualty risks. The practice will provide clients with access to dedicated claim service professionals with expertise in comprehensive and specialized claim handling, medical cost containment, advanced data analytics, catastrophe and crisis management, and return to work programs."/>
ESIS Launches Alternative Markets Practice; Focused on Non-Traditional Casualty Risks
Fulton Financial Corporation, announced today that William "Smokey" Glover, of Lancaster, PA, has been promoted to the position of Director of Fair and Responsible Banking. In his new role, Glover will also lead the day-to-day activities of Fulton Forward™, a previously announced initiative that is designed to increase the company's efforts to change lives for the better and build vibrant communities through gifts of time and dollars and through programs,..."/>
William "Smokey" Glover joins Fulton Financial Corporation as Director of Fair and Responsible Banking
UNIFIN Wins Best Leasing Company Mexico 2016 Award
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

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