Industry News

Comerica Bank's Michigan Economic Activity Index was down 0.6 percentage points in May to a level of 128.3. May's reading is 54 points, or 73 percent, above the index cyclical low of 74.0. The index averaged 123.7 points for all of 2015, five and four-fifths points above the index average for 2014."/>
Comerica Bank's Michigan Index Dipped as Auto Production Eased
Anchor Bancorp, the holding company for Anchor Bank, today reported net income of $335,000 or $0.14 per diluted share, for the fourth quarter of its fiscal year ended June 30, 2016 compared to net income of $624,000 or $0.25 per diluted share for the same period last year. For the fiscal year ended June 30, 2016 the Company reported net income of $495,000 or $0.20 per diluted share, compared to net income of $9.8 million or $3.97 per diluted share for the fiscal..."/>
Anchor Bancorp Reports Fourth Quarter and Fiscal 2016 Earnings
Franklin Street Properties Corp., a real estate investment trust, announced today that, due to technical issues with our service provider, it has rescheduled its second quarter 2016 earnings conference call/webcast with the investment community for later today, Wednesday, July 27, 2016, at 4:15 PM ET. To access the call, please dial 1-877-507-4376. Internationally, the call may be accessed by dialing 1-412-317-6014. To listen via live audio webcast, please..."/>
Franklin Street Properties Corp. Announces Rescheduled Earnings Conference Call/Webcast
Retail Properties of America, Inc. announced today that Floor& Decor has signed a new 65,000 square foot lease at La Plaza Del Norte shopping center in San Antonio, Texas, backfilling the previous Sports Authority location. Floor& Decor is a leading specialty retailer in the hard surface flooring market. They offer the broadest in-stock selection of tile, wood, stone, related tools and flooring accessories- at everyday low prices."/>
RPAI Signs Floor & Decor At La Plaza Del Norte In San Antonio, Texas
Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’ s ordinary shares of $0.22 per ordinary share. The dividend is payable on August 30, 2016 to the holders of record as of the close of business on August 12, 2016.. Aspen’ s Board of Directors also declared a dividend on its 7.401% Perpetual Non-Cumulative Preference Shares with a $25 liquidation preference per share of $0.462563 per 7.401% Preference..."/>
Aspen Declares Dividends on Ordinary Shares and Preference Shares
BOK Financial has rescheduled its second quarter investor conference call to 3 p.m. Central time today, Wednesday, July 27. The call was originally scheduled for this morning but was interrupted due to technical difficulties with the conference call vendor.."/>
BOK Financial second quarter earnings conference call rescheduled
First Citizens BancShares Inc. declared on July 26, 2016, a quarterly dividend of 30 cents per share on the Class A and Class B common stock. The dividend is payable Oct. 3, 2016, to shareholders of record Sept. 19, 2016.. First Citizens BancShares Inc. is the financial holding company for First Citizens Bank."/>
First Citizens BancShares Declares Dividend
First Citizens BancShares Inc. announced its financial results for the quarter ended June 30, 2016. Net income for the second quarter of 2016 was $69.3 million, or $5.77 per share, compared to $52.1 million, or $4.34 per share, for the first quarter of 2016, and $44.5 million, or $3.71 per share, for the corresponding period of 2015, according to Frank B. Holding, Jr., chairman of the board. BancShares’ current quarter results generated an annualized return on..."/>
First Citizens BancShares Reports Earnings For Second Quarter 2016
Liberty Property Trust for approximately USD 969 million. The sale is expected to close late in the third quarter of 2016.. Kamal Bahamdan, Chief Executive Officer and..."/>
Safanad To Acquire 108 Properties for USD 969 Million from Liberty Property Trust
Comerica Bank's California Economic Activity Index improved by 0.1 percentage points in May to a level of 120.6. May's reading is 37 points, or 43 percent, above the index cyclical low of 84.1. The index averaged 119.8 points for all of 2015, six and two-fifths points above the average for all of 2014."/>
Comerica Bank's California Index Improves
United Bancorp, Inc., headquartered in Martins Ferry, Ohio reported diluted earnings per share of $0.35 for the six months ended June 30, 2016, as compared to $0.30 for the six months ended June 30, 2015, an increase of 17%. This growth in earnings can be attributed to several factors that are explained below in detail. The Company's diluted earnings per share for the three months ended June 30, 2016 was $0.18, compared to $0.16 for the same..."/>
United Bancorp, Inc. Reports a 17% Increase in Diluted Earnings per Share, a Forward Dividend Yield of 4.09% and an 8.6% Increase in Net Interest Income for the Six Months Ended June 30, 2016
Teradata Corp., the big data analytics company, today announced that American Family Life Assurance Company of Columbus, better known as Aflac, a Fortune 500 company providing financial protection to more than 50 million people worldwide, has selected Teradata as a technology partner as Aflac undergoes an architectural upgrade to its enterprise data warehouse. Teradata will collaborate with Aflac data science and analytics teams to update..."/>
American Family Life Assurance Company of Columbus Selects Teradata as Technology Partner
Independent Bank Group, Inc., the holding company for Independent Bank, announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.08 per share of common stock. The dividend will be payable on August 18, 2016 to stockholders of record as of the close of business on August 8, 2016.. Independent Bank Group, through its wholly owned subsidiary, Independent Bank, provides a wide range of relationship-driven commercial..."/>
Independent Bank Group, Inc. Declares Quarterly Dividend
Cortland Bancorp's net income increased 28 percent in the second quarter to $1.2 million. For the first six months that ended June 30, the holding company for Cortland Savings and Banking Co.' s net income grew 23 percent to $2.5 million compared with $2.1 million made during the first six months that ended June 30, 2015.. "After a great start to the year, we again delivered solid results in the second quarter, highlighted by solid loan and deposit growth and..."/>
BRIEF: Cortland Bank's earnings increase 28 percent [Vindicator, Youngstown, Ohio]
First Interstate Bancsystem, the bank's parent company, also reported 5.3 percent year-over-year organic loan growth, a $30.7 million increase in fee revenue and a 53 percent increase in mortgage banking revenue compared to the previous quarter."/>
First Interstate reports growth in quarterly profits to $25.6 million [Billings Gazette, Mont.]
Empire State Realty Trust, Inc. announces that JCDecaux has chosen the Empire State Building as home for its North American headquarters. JCDecaux, the world's number one outdoor advertising company, has leased two tower full floors, totaling 46,537 sq. ft. JCDecaux will occupy the entire 73rd and 74th floors of the World's Most Famous Building."/>
Empire State Building adds Number One Global Outdoor Advertising Company to Expanding Full-Floor Tenant Roster | Empire State Realty Trust
DDR Corp. has rescheduled its second-quarter conference call and audio webcast for 2 p.m. ET Wednesday, July 27, 2016.. To access the conference, dial 877-249-1119, or 412-542-4143 at least ten minutes prior to the scheduled start of the call."/>
DDR Announces Rescheduled Time for Second Quarter Earnings Conference Call
Erie Indemnity Company names Chief Financial Officer
Bluerock Residential Growth REIT, Inc. will release its financial results for the second quarter ended June 30, 2016 before the market opens on Monday, August 8, 2016. The Company will host a conference call to discuss its financial results on Monday, August 8, 2016 at 11:00 AM. The call will include prepared remarks by management as well as a question and answer session."/>
Bluerock Residential Growth REIT (BRG) Second Quarter 2016 Earnings, Conference Call Set for August 8

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