Industry News

TICC Capital Corp. today announced that its independent inspector of elections, IVS Associates, Inc. has tabulated the official, final results of the Company’ s 2016 Annual Meeting of Stockholders, held on September 2, 2016, in New York City. Accordingly, stockholders have voted not to terminate the Company’ s investment advisory contract; and have re-elected Tonia L. Pankopf as a Director of the Board. Additionally, stockholders ratified..."/>
Official Final Results from Inspector of Elections Confirm TICC Stockholders Support All of TICC’S Recommendations
ProAssurance Corporation has declared a cash dividend of $0.31 per common share, payable on October 7, 2016 to shareholders who own our stock as of September 28, 2016.. Our dividend policy anticipates a total annual dividend of $1.24 per share, to be paid in equal quarterly installments. However, any decision to pay future cash dividends will be subject to the Board's final determination after a comprehensive..."/>
ProAssurance Declares Quarterly Dividend
S&P Global for $1.1 billion. Power will remain headquartered in Costa Mesa, California and continue to be led by its existing senior management team."/>
XIO Group Completes Acquisition of J.D. Power and Associates
Solar Senior Capital Ltd. announced today that it has commenced a public offering of 4,000,000 shares of its common stock. In connection with the proposed offering, the Company intends to grant the underwriters for the offering a 30- day option to purchase up to an additional 600,000 shares of common stock. The Company's Investment Adviser, Solar Capital Partners, has agreed to bear all of the sales load in this offering."/>
Solar Senior Capital Ltd. Commences Public Offering of Common Stock
S&P Global today announced it has completed the sale of J.D. Power to XIO Group, a global alternative investments firm. As announced on April 15, 2016, the sale price was $1.1 billion."/>
S&P Global Completes Sale of J.D. Power to XIO Group
Citigroup, will present at the Barclays Global Financial Services Conference on Wednesday, September 14, 2016. The presentation is expected to begin at approximately 7:30 a.m.. A live webcast and presentation materials will be available at www.citigroup.com/citi/investor."/>
Citigroup CFO John Gerspach to Present at the Barclays Global Financial Services Conference
TPG Specialty Lending, Inc., a specialty finance company focused on lending to middle-market companies, today issued the following statement from Joshua Easterly, Chairman and Co-Chief Executive Officer of TSLX, regarding the outcome of the TICC Capital Corp. annual meeting of stockholders held on..."/>
TPG Specialty Lending, Inc. Comments on Voting Results of the TICC Capital Corp. 2016 Annual Meeting of Stockholders
Pzena Investment Management, Inc. today reported its preliminary assets under management as of August 31, 2016.. AUM for month-end August 2016, month-end July 2016, and month-end August 2015 are listed below:. About Pzena Pzena Investment Management, LLC, the firm's operating company, is a value-oriented investment management firm."/>
Pzena Investment Management, Inc. Announces August 31, 2016 Assets Under Management
First American Financial Corp. has agreed to acquire New Jersey-based title and real property research provider RedVision Systems, Inc, the company said. RedVision, which will become part of First American's Data and Mortgage Solutions division, will operate as a business unit under its brand and its management team, with CEO Brian Twibell continuing to lead the business. First American Financial provides title..."/>
First American Agrees to Acquire Title, Real Property Research Firm RedVision
Ameriprise Financial, Inc. today announced that Mr. Christopher J. Williams has been appointed to its board of directors, effective as of September 6, 2016.. Williams is chairman, chief executive officer and founder of The Williams Capital Group, L.P., a financial services firm that provides equity, fixed income, corporate finance and financial advisory related services to corporate, governmental and municipal investors."/>
Ameriprise Financial Appoints New Director
Plumas Bancorp, the parent company of Plumas Bank, announced that Director, President and Chief Executive Officer, Andrew J. Ryback, was recently appointed to the Board of the California Community Banking Network,. A trade association in California that advocates exclusively for independent community banks, CCBN focuses on banking issues from a community banker's perspective. An affiliate of the Independent Community Bankers of America, or ICBA, CCBN..."/>
Ryback Appointed to California Community Banking Network’s 2016-2017 Board of Directors
IGM Financial Inc. will participate in an asset management panel at the Scotiabank Financials Summit 2016 in Toronto on Thursday, September 8. Mr. Carney is scheduled to speak from 11:30 a.m. ET until 12:30 pm ET. The conference features discussions with senior management of some of the leading firms in the financial services industry."/>
IGM Financial Inc. Live Webcast From Scotiabank Financials Summit 2016
Manulife appoints Linda Mantia as Chief Operating Officer
Morningstar Investment Management Europe Ltd, part of the Investment Management group of Morningstar, Inc., a leading provider of independent investment research, announced on September 7 a collaboration that expands the range of investment strategies available to Saxo Bank clients. With the new collaboration, Saxo Bank will add a value-based investment strategy to the range of investment..."/>
Saxo Bank expands portfolio of value stocks [Trend News Agency, Baku, Azerbaijan]
LendingTree, Inc., operator of LendingTree.com, the nation's leading online loan marketplace, today announced its participation in the Goldman Sachs Annual Financial Technology Conference held on Thursday, September 8, 2016 at The Goldman Sachs Conference Center. LendingTree's Founder and Chief Executive Officer, Doug Lebda, will participate in a Fireside Chat Thursday, September 8th at 2:45p.m. ET, and will participate in one-on-one..."/>
LendingTree, Inc. to Participate in the Goldman Sachs 6th Annual Financial Technology Conference
Ally Financial today teamed up with local nonprofit Classroom Central to deliver backpacks and school supplies to all of the 1,020 students at Hidden Valley Elementary School in Charlotte, N.C. Ally volunteers collected, organized and delivered the supplies to the school in an effort to equip local children with the necessary tools to start their school year off right. In addition, Ally donated 50 books about money topics and skills to the..."/>
Ally joins forces with Classroom Central to deliver school supplies to every student at Hidden Valley Elementary
MetLife’ s 2016 Lifetime Income Poll Reveals Plan Sponsors Want More Regulatory Clarity to Make It Easier to Offer Guaranteed Income Solutions~. NEW YORK---- A large majority of plan sponsors agree that the core purpose of a defined contribution plan should be to serve as an income source during retirement, according to the MetLife 2016 Lifetime Income Poll, released today. This represents a subtle but significant sea change from the 9% of plan sponsors in a 2012 MetLife study who..."/>
Most Plan Sponsors Agree Core Purpose of DC Plans is to Provide Income During Retirement
LendingTree ®, a leading online loan marketplace, average down payment percentages for conventional 30- year fixed rate purchase mortgage offers rose slightly in the second quarter to an average of 17.13 percent. This represents an increase from the prior quarter and a slight decline from the same period last year. The average down payment amount also fell..."/>
Average Down Payments Increase Amid Busy Home Buying Season
First Acceptance Corporation announces the addition of Ray Albertini as the Company’ s Senior Vice President of Claims Operations. In this position, Ray will oversee all aspects of the Company’ s claims-handling function and report directly to Joe Borbely, FAC’ s President and CEO.. Prior to joining FAC, Ray served as the Vice President of Claims for both the Eastern and Western regions and Commercial Auto at Nationwide."/>
First Acceptance Welcomes Ray Albertini as Senior Vice President of Claims Operations
Orrstown Financial Services, Inc., announced that Adam Metz, Andrew Johnson, and Doug Hummer joined the organization. The three newest additions to the Orrstown Bank team have a combined 54 years of banking experience, most recently at Metro Bank and its predecessor Commerce Bank. Adam Metz joins the organization as Executive Vice President/Chief Lending Officer with overall responsibility for..."/>
Orrstown Bank Announces Addition of Adam Metz, Doug Hummer, and Andrew Johnson

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