Industry News

Cambridge Bancorp today reported unaudited net income of $4,020,000 for the second quarter of 2016 compared to $3,736,000 for the same quarter in 2015. The increase in earnings of $284,000 was attributable to growth in both lending and noninterest income which benefited from loan related derivative income. Diluted earnings per share were $1.00 for the second quarter of 2016 compared to $0.94 for the same quarter in 2015.."/>
Cambridge Bancorp Reports Second Quarter Earnings
Vensica Medical Completes $500,000 Finance Round
Resource Capital Corp. announced today that it will release its second quarter 2016 operating results on Monday, August 1, 2016, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Tuesday, August 2, 2016, at 8:30 a.m. Eastern Time.. This call will be webcast live and can be accessed by investors and other interested parties from the home page of the Company's website at..."/>
Resource Capital Corp. to Report Operating Results for Second Quarter 2016
Trupanion, Inc., a leading provider of medical insurance for cats and dogs, announced today it will report financial results for its 2016 second quarter after the market closes on Tuesday, August 2, 2016. The company will host a conference call that day beginning shortly after 1:30 p.m. PT/ 4:30 p.m. ET.. A live webcast will be available on Trupanion's Investor Relations site under Investor Events at http://investors.trupanion.com and will be archived..."/>
Trupanion, Inc. Announces Second Quarter 2016 Earnings Release and Conference Call
GEO Group, Inc. will release its second quarter 2016 financial results on Tuesday, August 2, 2016 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM on Tuesday, August 2, 2016.."/>
The GEO Group Announces Date for Second Quarter 2016 Earnings Release and Conference Call
Ally Financial Inc. declared a quarterly cash dividend of $0.08 per share of the company's common stock, payable on Aug. 15, 2016 to shareholders of record at the close of business on Aug. 1, 2016. Additionally, the board authorized a common stock repurchase program of up to $700 million beginning in the third quarter of 2016 and continuing through the second quarter of 2017.. The quarterly cash dividend and common stock..."/>
Ally Financial Announces $700 million Common Stock Repurchase Program and Declares Dividend on Common Stock
National Security Group Inc disclosed on Tuesday that its board of directors authorised a quarterly cash dividend of USD0.045 per share. This dividend will be paid on 31 August 2016 to shareholders of record on 8 August 2016.. Through its property& casualty and life insurance subsidiaries, National Security offers property, casualty, life, accident and health insurance in ten US states and writes primarily personal lines property coverage including dwelling fire and..."/>
National Security announces dividend of USD0.045 per share
Fees war on the trading room floor [Daily Mail, London]
Killam Apartment REIT is pleased to announce its July 2016 monthly distribution. The distribution of $0.05 per unit will be paid on August 15, 2016, to unitholders of record on July 29, 2016.. Killam Apartment REIT offers a distribution reinvestment plan."/>
Killam Apartment REIT Announces July 2016 Distribution
Daily Mail, London, market report column [Daily Mail, London]
American International Group, Inc. today announced it has launched CyberEdge Plus, a standalone policy specifically designed to provide clients with primary insurance protection for a broad range of cyber risks, including property damage, bodily injury, business interruption, and product liability. Using AIG’ s cyber, casualty, and property capabilities, CyberEdge Plus is the first primary coverage written by any carrier in a standalone policy specifically to..."/>
AIG Launches Primary Cyber Coverage for Property and Liability Exposures
BofI Holding, Inc., parent of BofI Federal Bank, is pleased to announce that it has been named a member of the recently launched KBW Nasdaq Financial Technology Index,“ a preeminent index designed to precisely track the performance of those companies that leverage technology to deliver financial products and services.”. BOFI is one of 49 companies included in the new KBW Nasdaq Financial Technology Index and shares membership with companies such as American Express Co.,..."/>
BofI Holding, Inc. Named a Member of the New KBW Nasdaq Financial Technology Index
Heritage Insurance Holdings, Inc., a property and casualty insurance holding company, announced today that its subsidiary, Heritage Property& Casualty Insurance Company has written its first homeowners insurance policy in South Carolina. Bruce Lucas, Chairman and CEO stated that, "Our strategic diversification initiatives continue as planned as we launch coverage in our fourth state. The team is excited to work with agents in South..."/>
Heritage Insurance Writes First Homeowners Insurance Policy in South Carolina
Popular Direct immediately offers premium high interest accounts including Certificates of Deposit and Savings Accounts, helping customers achieve their savings goals and gain financial success. NEW YORK---- Banco Popular North America, one of the nation’ s premier community banks and a subsidiary of Popular, Inc., today announced the launch of Popular Direct, a national online banking platform that offers competitively priced Certificates of Deposits and a Savings Account."/>
Banco Popular North America Launches National Digital Banking Platform Popular Direct Delivering Excellent Rates and a Simpler Online Banking Experience
Financial Engines today announced that the Company will host a conference call to discuss second quarter 2016 financial results on Tuesday, August 2, 2016 at 5:00pm ET. Hosting the call will be Larry Raffone, President and Chief Executive Officer and Ray Sims, Chief Financial Officer. A press release with second quarter financial results will be issued after the market close that same day."/>
Financial Engines to Announce Second Quarter 2016 Results on August 2, 2016

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