Industry News

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]
The little bank releases second quarter earnings today
United Bank said Thursday it agreed to acquire a New York City-based investment management firm, a deal that would push the assets in the bank's wealth management business to nearly $20 billion. The acquisition of Gerstein Fisher, with $3 billion in assets under management, is expected to close in the fourth quarter. Financial terms of the transaction weren't disclosed."/>
People's United Bank To Acquire New York Investment Firm [The Hartford Courant]
Lakeland Bancorp, Inc. reported the following results for the quarter ended June 30, 2016:. Net income in the second quarter of 2016 was $10.1 million, 29% higher than the $7.9 million for the same period in 2015. Excluding merger related expenses of $0.6 million after tax, pertaining to the Company’ s acquisitions of Pascack Bancorp, Inc., which closed on January 7, 2016, and Harmony Bank, which closed on July 1, 2016, net income for the second quarter of 2016..."/>
Lakeland Bancorp Reports Strong Earnings and Closes Harmony Acquisition
First Financial Northwest, Inc., the holding company for First Financial Northwest Bank, today reported net income for the quarter ended June 30, 2016, of $1.4 million, or $0.11 per diluted share, compared to net income of $1.8 million, or $0.14 per diluted share, for the quarter ended March 31, 2016, and $2.4 million, or $0.17 per diluted share, for the quarter ended June 30, 2015. In the first six months of 2016, net income was $3.3 million, or $0.26 per diluted..."/>
First Financial Northwest, Inc. Reports Second Quarter Net Income of $1.4 Million or $0.11 per Diluted Share
Sun Life Financial Inc. is teaming up with BEYOND TYPE 1 to provide select community members of the Canadian Diabetes Association and JDRF Quebec living with diabetes the once in a lifetime chance to meet singer/songwriter Nick Jonas. "I'm thrilled to join forces with Sun Life Financial in the fight against diabetes and encourage people living with this disease to follow their dreams and live beyond their diagnosis," said Nick Jonas, co-founder, BEYOND..."/>
Nick Jonas and Sun Life Financial provide select members of the diabetes community the opportunity to meet their pop icon
Tompkins Financial Corporation. Tompkins Financial Corporation announced today that its Board of Directors approved payment of a regular quarterly cash dividend of $0.44 per share, payable on August 15, 2016, to common shareholders of record on August 2, 2016.. Tompkins Financial Corporation is a financial services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania."/>
Tompkins Financial Corporation Reports Cash Dividend
State Bank Corp., the holding company for Mohave State Bank, today announced net income increased 39.1% to $974,000, or $0.17 per diluted share, for the second quarter ended June 30, 2016, compared to $700,000, or $0.12 per diluted share, in the first quarter of 2016, and increased 26.2% compared to $772,000, or $0.13 per diluted share, for the second quarter of 2015.. For the first six months of 2016, net income grew 15.2% to $1.67 million, or $0.29..."/>
State Bank Corp. Earnings Increase 39% to $974,000, or $0.17 per Share, in 2Q16 from 1Q16
Tompkins Financial Corporation. Tompkins Financial Corporation announced today that its Board of Directors has authorized a new stock repurchase program of up to 400,000 shares of the company's outstanding common stock, par value $0.10 per share. This program replaces the company's existing 400,000 share repurchase program announced on July 25, 2014.."/>
TOMPKINS FINANCIAL CORPORATION Announces New Stock Repurchase Program

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