Industry News

Nasdaq MarketSite in Times Square. Hosted in New York from September 26th to 30th, the 18 th global edition of the event will bring together the brightest business and creative leaders to share their visions, passions, and practices at Advertising Week."/>
Advertising Week 2016 to Ring The Nasdaq Stock Market Closing Bell
Nasdaq MarketSite in Times Square in celebration of its rebrand from IDI, Inc. and transfer from NYSE MKT to the Nasdaq Stock Market. In honor of the occasion, Derek Dubner, Chief Executive Officer, will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Cogint, Inc. (Nasdaq: COGT) to Ring The Nasdaq Stock Market Opening Bell on Monday, September 26, 2016
SB Financial Group, Inc. has opened a new residential real estate loan production office in Warsaw, Indiana, the company said. The Warsaw loan production office will provide customers with personalized solutions for residential real estate needs. Leading the entrance into the Warsaw market and the surrounding areas will be Rich Galbreath, who joined the State Bank team in 2015.."/>
SB Financial expands into Warsaw, Indiana market
Genworth MI Canada Inc. today announced that on September 23, 2016, the Office of the Superintendent of Financial Institutions released a draft advisory for comment titled " Capital Requirements for Federally Regulated Mortgage Insurers". This draft advisory provides a new standard framework for determining the capital requirements for residential mortgage insurance companies. The proposed framework is more risk sensitive and incorporates..."/>
Genworth MI Canada Inc. Comments On OSFI's Draft Advisory For The New Capital Framework For Mortgage Insurers
RLI Corp.. Best has also affirmed the Long-Term Issue Credit Rating of“ a” on $150 million 4.875% senior unsecured notes due 2023 of RLI Corp. The outlook of these Credit Ratings is stable."/>
A.M. Best Affirms Credit Ratings of RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co.
OFG Bancorp will report third quarter 2016 financial results Friday, October 21, 2016 before the market opens and hold its conference call later that morning at 10:00 AM ET. The call will be accessible live via a webcast on OFG’ s website at A replay will be available shortly thereafter."/>
OFG Bancorp to Report 3Q16 Results and Hold Conference Call on Friday, October 21, 2016
Daily Mail, London, market report column [Daily Mail, London]
Daily Mail, London, Alex Brummer column [Daily Mail, London]
National Grid's gas distribution network– worth an estimated pounds sterling 6 bn. Billionaire tycoon Li Ka-shing will battle against a rival Chinese consortium, as well as a New York private equity firm, a group of Chinese investors and a German-owned investment company for the key assets of National Grid. The firm put the' for sale' sign up over the gas pipe in February, revealing it would sell at..."/>
Hong Kong's richest man bids pounds sterling 6 billion for UK gas network [Daily Mail, London]
AXIS Capital Holdings Limited declared on Friday that Michiko Kurahashi takes over as chief marketing officer and Joe Cohen as chief communications cfficer. In these roles, Kurahashi and Cohen will collaborate to build an integrated marketing communications function and elevates the AXIS brand and strengthen its clients, partners and employees relationships. Kurahashi will work closely with its three business units, AXIS Insurance, AXIS Reinsurance and AXIS Accident&..."/>
Axis Capital names Michiko Kurahashi and Joe Cohen as CMO and CCO
West Bancorporation, Inc., parent company of West Bank, will report its results for the third quarter of 2016, on Thursday, October 27, 2016 before the markets open.. The Company will discuss its results in a conference call scheduled for 10:00 a.m. Central Time on Friday, October 28, 2016. The telephone number for the conference call is 888-339-0814. A recording of the call will be available until November 11, 2016, by dialing 877-344-7529. The..."/>
West Bancorporation, Inc. to Announce Quarterly Results, Hold Conference Call
Home BancShares, Inc., parent company of Centennial Bank, announced today the pricing of the previously announced underwritten secondary offering of 2,650,000 shares of common stock offered by its Chairman, John Allison, at a price per share to the public of $22.00.. The Company is not selling any shares in the offering and will not receive any of the proceeds from the offering. Stephens Inc. is serving as sole book-running manager for the offering."/>
Home BancShares, Inc. Announces Pricing of Secondary Offering by Selling Shareholder
Intrexon Corporation, a leader in the engineering and industrialization of biology to improve the quality of life and health of the planet, today announced it has entered into Exclusive Channel Collaborations with two startups backed by the Harvest Intrexon Enterprise Fund, sponsored by Harvest Capital Strategies, LLC. Through Intrexon's proprietary ActoBiotics™ Lactococcus lactis platform, these companies will pursue new..."/>
Intrexon to Develop Disease-Modifying Therapies in New Collaborations with Harvest Intrexon Enterprise Fund
Cowen Group, Inc. today announced that Cowen Prime Services LLC, the prime services division of Cowen, has been named Best North American Prime Broker at the 2016 Hedgeweek USA Awards. The award is based on a peer review system whereby Hedgeweek’ s readers, including institutional and high net worth investors, hedge fund managers and other industry professionals at fund administrators, prime brokers,..."/>
Cowen Prime Services Wins Hedgeweek USA Award 2016
Fairfax Financial Holdings Limited announces today that the Toronto Stock Exchange accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares, Cumulative 5- Year Rate Reset Preferred Shares, Series C, Cumulative Floating Rate Preferred Shares, Series D, Cumulative 5- Year Rate Reset Preferred Shares, Series E, Cumulative Floating Rate Preferred Shares, Series F, Cumulative 5- Year Rate..."/>
Fairfax Financial Holdings Limited: Intention to Make A Normal Course Issuer Bid for Subordinate Voting Shares and Preferred Shares
Aon plc, and Briotix, Inc., provider of human performance solutions, have formed a strategic alliance to offer a comprehensive suite of ergonomic services and solutions to help clients across industries elevate productivity, facilitate risk and injury reduction, and promote excellence throughout their operations across..."/>
Aon Global Risk Consulting and Briotix Form Strategic Alliance To Deliver Suite of Ergonomics Solutions on a Global Scale
AXIS Capital Holdings Limited authorised a quarterly dividend of USD0.35 per share on the company's common stock, it disclosed on Friday. This dividend will be paid on 17 October 2016 to the shareholders of record at the close of business on 3 October 2016.. Additionally, the board approved a dividend of USD0.429688 and USD0.34375 per share on the company's series C 6.875% and series D 5.5% preferred share, respectively."/>
AXIS Capital announces common and preferred stock dividends for quarter
First Bancorp, the parent of First National Bank, revealed on Friday that its board of directors authorised a third-quarter dividend of USD0.23 per share. This dividend equals an annual dividend of USD0.92 per share that translates into a yield of 3.91% based on the 21 September 2016 closing price of USD23.50 per share. It will be paid on 28 October 2016 to shareholders of record as of 5 October 2016 and is unchanged from that paid in the past quarter."/>
First Bancorp announces dividend of USD0.23 per share for quarter

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