Industry News

IGM Financial Inc. has been added to the FTSE4Good Index Series. FTSE Russell confirms that IGM Financial has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong environmental, social and..."/>
IGM Financial Inc. Added to FTSE4Good Index Series
Blue Valley Ban Corp. today reported consolidated net income for the quarter ended June 30, 2016 of $580,000, compared to a net loss of$ for the quarter ended June 30, 2015. For the six months ended June 30, 2016, the Company earned $870,000 compared to $489,000 for the six months ended June 30, 2015. Net income per common share for the quarter- and year-to-date periods ended June 30, 2016 was $0.11 and $0.16, respectively, compared to net loss of$ and$, respectively,..."/>
Blue Valley Ban Corp. Announces Second Quarter 2016 Operating Results
Allied World Assurance Company Holdings, AG today announced that Scott Carmilani, President and CEO of Allied World, and other members of Allied World’ s executive management team, will mark an exciting milestone by ringing the opening bell at the New York Stock Exchange on Monday, July 25, 2016. The opening bell ceremony commemorates Allied World’ s 10th anniversary as a NYSE-listed public company, as the company’ s common shares began trading on the NYSE under the..."/>
Allied World Commemorates 10th Anniversary as a Public Company; Rings Opening Bell at the New York Stock Exchange
MutualFirst Financial, Inc. will be presenting at the Keefe, Bruyette& Woods 2016 Community Bank Investor Conference in New York City on August 2 and 3, 2016.. David W. Heeter, President and Chief Executive Officer, along with Christopher D. Cook, Treasurer and Chief Financial Officer, will present at 3:00 p.m. EDT on Tuesday, August 2, 2016. The presentation will be broadcasted live and a replay will be available for 180 days after the presentation..."/>
MutualFirst to Present at the KBW Community Bank Investor Conference
ProAssurance Casualty Company, ProAssurance Indemnity Company, Inc., ProAssurance Specialty Insurance Company, Inc., and ProAssurance American Mutual, A Risk Retention Group. The companies are collectively referred to as ProAssurance Group. The outlook for each rating is stable. All companies are headquartered in Birmingham, AL."/>
A.M. Best Affirms Ratings of ProAssurance Corporation and Its Subsidiaries
First Federal of Northern Michigan Bancorp, Inc. reported consolidated net income of $197,000, or $0.05 per basic and diluted share, for the quarter ended June 30, 2016 compared to $380,000, or $0.10 per basic and diluted share, for the quarter ended June 30, 2015.. Consolidated net income for the six months ended June 30, 2016 was $457,000, or $0.12 per basic and diluted share, compared to $735,000, or $0.20 per basic and diluted share for the..."/>
First Federal Of Northern Michigan Bancorp, Inc. Announces Second Quarter 2016 Results
Travelers Companies, Inc., collectively known as Travelers Group. Best has also affirmed the FSR of A++ and the ICR of“ aa+” of Travelers Casualty and Surety Company of America, and TCSA’ s affiliates, Travelers Casualty and Surety Company of Europe Limited and Travelers Insurance Company of Canada. Best has affirmed the ICR and senior issue ratings of“ a+”..."/>
A.M. Best Affirms Ratings of The Travelers Companies, Inc. and Its Subsidiaries
Chino Commercial Bancorp, the parent company of Chino Commercial Bank, N.A., announced the results of operations for the Bank and the consolidated holding company for the second quarter ended June 30, 2016 with net earnings of $371,840, or an increase of 5.2%, compared with net income of $353,552 for the same quarter last year. Net income per basic share for the second quarter of 2016 was $0.30 as compared to $0.29 for the same..."/>
Chino Commercial Bancorp Reports 5% Increase In Second Quarter Earnings
Bank of Commerce Holdings, a $1.1 billion asset bank holding company and parent company of Redding Bank of Commerce, today announced financial results for the quarter ended June 30, 2016. Net income available to common shareholders for the quarter ended June 30, 2016 was $1.6 million or $0.11 per share– diluted, compared with net income available to common shareholders of $2.3 million or $0.18..."/>
Bank of Commerce Holdings Announces Results for the Second Quarter of 2016
Urstadt Biddle Properties Inc. has acquired for USD 45.325 m the Newfield Green Shopping Center in Stamford, Connecticut, the company said. Newfield Green is a 72,000 square foot shopping center, anchored by a 31,000 square foot Grade A Market and a 14,200 square foot CVS. The centre, at closing was 97% leased."/>
Urstadt Biddle Properties Acquires Connecticut, US Shopping Centre for USD 45.325m
Bank of America through the Military Warriors Support Foundation. Today’ s ceremony represents the 2,000 th home Bank of America has donated to recipients who have served in the military, which is more than any other bank."/>
Former Army Medic Receives Keys to Home as Bank of America Celebrates 2,000 Property Donations to Nonprofits Serving Military Veterans and Their Families
FirstMerit Corp., the parent company of FirstMerit Bank, announced they reached a merger agreement valued at $3.4 billion."/>
Huntington posts revenue increase, net income decrease [Vindicator, Youngstown, Ohio]
Northeast Bancorp, a Maine-based full-service financial services company and parent of Northeast Bank, announced today it will release its fiscal 2016 fourth quarter earnings results on Wednesday, July 27, 2016. Following the release, the Company will host a conference call with a simultaneous webcast at 10:00 am EDT on Thursday, July 28, 2016. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer of the Company, and..."/>
Northeast Bancorp Announces Dates for Fiscal 2016 Fourth Quarter Earnings Results and Conference Call
Piper Jaffray Companies announced today that it will release its 2016 second quarter financial results prior to the opening of the market on Thursday, July 28, 2016. The company will also hold a conference call to review the financial results at 9:00 a.m. ET. Andrew Duff, chairman and chief executive officer, and Debbra Schoneman, chief financial officer, will host the call."/>
Piper Jaffray Companies to Hold Management Conference Call to Discuss 2016 Second Quarter Results
American Capital Senior Floating, Ltd. announced today it will report second quarter 2016 earnings after market close on August 3, 2016. ACSF invites stockholders, prospective stockholders and analysts to attend the ACSF stockholder call on August 4, 2016 at 11:00 am ET. Callers who do not plan on asking a question and have access to the internet are encouraged to utilize the free live webcast at"/>
American Capital Senior Floating, Ltd. Will Report Second Quarter 2016 Results on August 3
Fidelity Southern Corporation announced that the Corporation has declared a quarterly cash dividend of$. 12 per share on its Common Stock. This dividend is payable August 15, 2016, to shareholders of record on August 2, 2016.. Fidelity Southern Corporation, through its operating subsidiaries Fidelity Bank and LionMark Insurance Company, provides banking services and trust and wealth management services and credit-related insurance..."/>
Fidelity Southern Corporation Declares Third Quarter Cash Dividend
Nasdaq Futures will gather key business partners and customers who have contributed to making the platform’ s inaugural year a success, at Nasdaq MarketSite in Times Square. As a recent addition to Nasdaq’ s broad array of marketplaces, Nasdaq Futures brings a competitive mix of new products, fees, innovative technology, and clearing services designed to meet the needs of ambitious traders. In honor of the occasion, Scot Warren, EVP of Business and..."/>
Nasdaq Futures to Ring The Nasdaq Stock Market Closing Bell
Nasdaq MarketSite in Times Square to celebrate the launch of its newest fund, the Global X Conscious Companies ETF. In honor of the occasion, Kyle Chudom, Manging Director, Wealth Management at Morgan Stanley, and Bruno del Ama, Co-founder and CEO of Global X, will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Global X Funds to Ring The Nasdaq Stock Market Opening Bell
Bharat Financial Inclusion Ltd, formerly known as SKS Microfinance Ltd, on Friday hit over five-and-half-year high after the company reported better-than-expected earnings. The stock touched a high of Rs.836.55, a level last seen on 16 November 2010, and gained as much as 9.84%, the maximum gain since 10 December 2014. So far this year, it has gained 68%."/>
Bharat Financial shares hit five-and-half-year high [Mint, New Delhi]
Axis Bank on Friday reported a 21.38% decline in its June quarter earnings, missing estimates, as it set aside more money to provide for bad loans. The bank reported a net profit of Rs.1, 555.53 crore as compared with Rs.1, 978.44 crore a year ago. According to 27 Bloomberg analysts, the bank was expected to post a net profit of Rs.2, 010.70 crore."/>
Axis Bank Q1 profit falls 21.38% to Rs1,555.53 crore as provisions jump [Mint, New Delhi]

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