Industry News

First Merchants Corporation has declared a cash dividend of USD0.14 per share. The dividend is payable on September 16, 2016 to shareholders of record on September 2, 2016.. First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana, comprised of First Merchants Bank, which also operates as Lafayette Bank& Trust, and First Merchants Private Wealth Advisors, which operates as a division of First Merchants Bank."/>
First Merchants declares cash dividend
Great Southern Bancorp, Inc. the holding company for Great Southern Bank, has completed the public offering and sale of USD75 million of its 5.25 percent fixed-to-floating rate subordinated notes due August 15, 2026, the company said. The notes were sold at par, resulting in net proceeds, after underwriting discounts and commissions, of approximately USD73.9 million. The company said it intends to use the net proceeds of the offering for general corporate purposes, including..."/>
Great Southern Bancorp completes USD75m subordinated notes offering
MFA Financial, Inc. has declared a USD0.46875 per share dividend on its 7.50 percent Series B cumulative preferred stock for the quarter ending September 30, 2016, the company said. This dividend is payable on September 30, 2016, to preferred stockholders of record as of September 2, 2016.. MFA is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, including residential..."/>
MFA Financial reports Q3 2016 dividend
Cincinnati Financial Corporation has declared a USD0.48 per share regular quarterly cash dividend, the company said. The dividend is payable October 14, 2016, to shareholders of record as of September 21, 2016.. Cincinnati Financial Corporation offers business, home and auto insurance, business and fixed annuities, life and disability income insurance, surplus lines property and casualty insurance."/>
Cincinnati Financial declares regular quarterly cash dividend
United Community Bancorp has declared a quarterly cash dividend of USD0.06 per share, the company said. Dividends are payable on or about September 12, 2016, to stockholders of record as of the close of business on August 26, 2016.. United Community Bancorp is the holding company of United Community Bank, headquartered in Lawrenceburg, Indiana."/>
United Community Bancorp declares cash dividend
First United Corporation has reported consolidated net income available to common shareholders of USD2.5 million for the first six months of 2016, compared to USD1.2 million for the same period of 2015, the company said. The net interest margin for the first six months of 2016, the year ended December 31, 2015 and the first six months of 2015, on a fully tax equivalent basis, was 3.22 percent, 3.04 percent and 3.04 percent, respectively. Consolidated net income available to..."/>
First United reports USD2.5m net income YTD 2016
Pioneer Bankshares, Inc., has reported unaudited consolidated net income for the six-month period ending June 30, 2016 of USD880, 000, compared to USD1.008 million for the same period last year, the company said. The company's earnings through June 30, 2016 show a decrease of USD127, 000 as compared to the same period in 2015.. The company's subsidiary, Pioneer Bank, had net loan growth of USD7.0 million or 4.67 percent during the first six months of 2016 and a total of USD10.2 million..."/>
Pioneer Bankshares reports USD880,000 in YTD 2016 net income
Old Point Financial Corporation has declared a quarterly dividend of USD0.10 per share of common capital stock, the company said. The dividend is to be paid on September 30, 2016 to shareholders of record as of August 31, 2016.. Old Point Financial Corporation is the parent company of the Old Point National Bank of Phoebus, a locally owned and managed community bank serving all of Hampton Roads and Old Point Trust& Financial Services, N.A., a Hampton Roads wealth management services..."/>
Old Point Financial declares Q2 2016 dividend
Heritage Financial Corporation director Kimberly Ellwanger has been named a National Association of Corporate Directors board leadership fellow joining 51 other NACD board leadership fellows during the second quarter, the company said. The NACD Fellowship is a comprehensive and continuous program of study that empowers directors with the latest boardroom insights, intelligence and practices, which provides them with the necessary skills to lead their boards with..."/>
Heritage Financial director named NACD board leadership fellow
Piramal Enterprises Ltd is set to make its second investment in the renewable energy sector this year with an investment of Rs.800 crore in solar power producer ACME Solar, reported Mint."/>
Deals Buzz: Hindalco's Novelis unit to raise up to $1.1 billion [Mint, New Delhi]
Ryanair to start an Indian subsidiary together with a foreign fund, a Qatar Airways to invest in an existing Indian carrier or a British Airways to expand commercial cooperation with GoAir. With just 80 million Indians taking to..."/>
Will foreign airlines fly into India? [Mint, New Delhi]
Morningstar Investment Adviser India..."/>
Mutual fund schemes trim allocations to small and mid-cap [Mint, New Delhi]
Aegon Completes Share Buyback Program
JK Lakshmi Cement Ltd, an anticipation of stellar performance pushed the Shree Cement Ltd stock to a new all-time high of Rs.17, 240.05 on 3 August. Bloomberg's consensus estimate expected the company's stand-alone net profit and sales at Rs.269.2 crore and Rs.2, 125.3 crore, respectively."/>
Shree Cement Q1: valuations expensive, positives priced-in [Mint, New Delhi]
State Bank of India, the country's largest bank, most of its peers reported a jump in non-performing assets. Gross NPAs as a proportion of gross advances breached 11% at 14 out of 25 listed state-owned banks."/>
Small and mid-size public sector banks bear brunt of bad loan troubles [Mint, New Delhi]
Ryanair to start an Indian subsidiary together with a foreign fund, a Qatar Airways to invest in an existing Indian carrier or a British Airways to expand commercial cooperation with GoAir. With just 80 million Indians taking to..."/>
Will foreign airlines fly into India? [Mint, New Delhi]
Piramal Enterprises Ltd is set to make its second investment in the renewable energy sector this year with an investment of Rs.800 crore in solar power producer ACME Solar, according to two people aware of the development. The investment in Delhi-based ACME is being done by Piramal Enterprises' Structured Investment Group, which provides structured mezzanine funding to companies in various sectors, especially in infrastructure."/>
Piramal in talks to invest Rs800 crore in ACME Solar [Mint, New Delhi]
Mint, New Delhi, Tamal Bandyopadhyay column [Mint, New Delhi]
Arch Capital Group Ltd. has entered into a definitive agreement to acquire insurers United Guaranty Corp. and AIG United Guaranty Insurance Ltd. from American International Group, Inc., the group said on Monday. The combination of Arch's existing mortgage insurance business with UGC's established business will create the largest private mortgage insurer in the world, based on insurance in-force, with a..."/>
Arch Capital to Acquire Insurer United Guaranty from AIG for USD 3.4bn
Flying Financial Service Holdings Limited was pleased to announce the unaudited condensed consolidated results of the Group for the six months ended 30 June 2016. In the reporting period, the Company's performance recorded new high. In the reporting period, due to the contributions of the investment in property development projects, operation of financial platform and increase in financial consultation service income, the Group's revenue increased..."/>
Flying Financial Reports Record Interim Results 2016; Revenue Increased by 388.4% to RMB 144.6 Million

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
Consumer Discretionary626 Articles
Information Technology579 Articles
Financials474 Articles
Health Care334 Articles
Industrials311 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 Capital IQ. 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 bwwebmaster@businessweek.com.