Industry News

Pacific Continental Corporation has reported second quarter 2016 net income of USD2.6 million, the company said. Net income for the second quarter 2016 of USD2.6 million included non-core costs associated with the pending acquisition of Foundation Bank, which were approximately USD2.0 million. Second quarter 2016 non-interest income was USD1.7 million, flat from the first quarter 2016."/>
Pacific Continental reports Q2 2016 net income of USD2.6m
United Financial Bancorp, Inc. has declared a USD0.12 per share cash dividend on the company's common stock, the company said. The dividend is payable to shareholders of record at the close of business on July 29, 2016 and payable on August 10, 2016.. United Financial Bancorp, Inc. is the holding company for United Bank, a full service financial services firm offering commercial, business and consumer banking products and services to customers throughout..."/>
United Financial Bancorp declares quarterly dividend
S&P Global has approved a regular quarterly cash dividend on the Corporation's common stock. The dividend of $0.36 is payable on September 12, 2016, to shareholders of record on August 26, 2016. The annualized dividend rate is $1.44 per share."/>
S&P Global Declares Quarterly Dividend
Comerica Incorporated announced a 4.5 percent increase of the quarterly cash dividend for common stock to 23 cents per share. The dividend is payable October 1, 2016, to common stock shareholders of record on September 15, 2016.. "Today's dividend increase reflects our Board's confidence in Comerica's solid capital position, business model and strategic direction, as well as our future growth potential," said Ralph W...."/>
Comerica Declares Dividend Increase of 4.5 Percent
Independent Bank Corporation, the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of eight cents per share. This dividend is payable on Aug. 15, 2016 to shareholders of record on Aug. 8, 2016.. Independent Bank Corporation is a Michigan-based bank holding company with total assets of approximately $2.5 billion."/>
Independent Bank Corporation Announces Cash Dividend on Its Common Stock
Chimera Investment Corporation was the winning bidder for Freddie Mac’ s pilot structured sale of seasoned mortgage loans that Freddie Mac currently guarantees and holds in its mortgage-related investments portfolio. This transaction is part of Freddie Mac's guaranteed re-performing loan securitization program and non-performing loan sales program. Chimera, either directly or through a wholly-owned subsidiary, is..."/>
Chimera Investment Corporation to Sponsor Residential Mortgage Loan Securitization
Lockheed Martin's unparalleled credentials in advanced technology and mission success. -Accelerates the adoption of new, enhanced asset tracking and emergency response systems by government and corporate customers. BOSTON and DENVER- HawkEye 360, Inc., a subsidiary of Allied Minds, and Lockheed Martin are collaborating to apply HawkEye 360' s radio frequency detection and..."/>
Lockheed Martin and HawkEye 360 Collaborating to Bring Space-Based Radio Frequency Mapping and Analytics to New Markets
First Busey Corporation has announced the appointment of Stanley J. Bradshaw as an independent director of the board effective July 25, 2016. His appointment brings the board to 13 members. As a previous adviser of Pulaski Financial Corp.— the former holding company for Pulaski Bank, National Association— for 16 years and Chairman of the Board for eight years, Mr."/>
First Busey Corporation Names Stanley J. Bradshaw to Board of Directors
Ally Financial will host an Auto Lending and Risk Management Primer conference call for analysts and institutional investors on Thursday, Aug. 4, from 9:00 a.m.– 10:00 a.m. EDT. The call will be hosted by Chris Halmy, chief financial officer, Tim Russi, president of auto finance, and Dave Shevsky, chief risk officer, along with other members of Ally's auto finance and risk management teams. Conference Call Information: Dial 844-530-6677 at..."/>
Ally Financial to Host Credit Risk Management Conference Call
Pinnacle Bankshares Corporation, the one-bank holding company for First National Bank, was $711,000 or $0.47 per basic and $0.46 per diluted share for the quarter ended June 30, 2016, and $1,357,000 or $0.89 per basic share and $0.88 per diluted share for the six months ended June 30, 2016. Net income was $580,000 or $0.38 per basic and diluted share and $1,166,000 or $0.77 per basic share and $0.76 per diluted share, respectively, for the..."/>
Pinnacle Bankshares Corporation Announces Second Quarter 2016 Earnings
Morningstar, Inc., a leading provider of independent investment research, has announced the speakers and agenda for its seventh annual ETF Conference, Sept. 7-9 at the Hyatt Regency Chicago. The conference for financial professionals features experts from across the exchange-traded fund industry including Morningstar analysts, who will discuss the industry's complexities, theories, and opportunities. "There are now more than 1,900..."/>
Morningstar Announces Speakers and Agenda for 2016 ETF Conference, Sept. 7-9 in Chicago; Charles Schwab Chief Investment Strategist Liz Ann Sonders and Former U.S. Navy Seal Robert O'Neill to Deliver Keynotes
Union Bankshares Corporation today announced that G. William Beale, President and CEO, and Robert M. Gorman, EVP and CFO, will present at the Keefe, Bruyette& Woods 2016 Community Bank Investor Conference on Tuesday, August 2 nd at approximately 11:00 a.m. EDT.. The presentation will be webcast at: All audio and presentations will be archived for 90 days after the event."/>
Union Bankshares Corporation to Present at Keefe, Bruyette & Woods 2016 Community Bank Investor Conference
H&R Real Estate Investment Trust and H&R Finance Trust today announced that it will release its financial results for the three and six months ended June 30, 2016 on Tuesday, August 9, 2016. Management will host a conference call to discuss the financial results for H&R on Wednesday, August 10, 2016 at 8:30 a.m. Eastern Time. Participants can join the call by dialing 1-888-231-8191 or 647-427-7450. For those unable to participate in the conference..."/>
H&R Announces Date of Second Quarter 2016 Earnings Release, Conference Call and Webcast
Sovran Self Storage, Inc.' BBB'. Sovran Self Storage, Inc. will guarantee the notes. On May 24, 2016, Fitch placed Sovran's ratings on Rating Watch Negative upon the LifeStorage acquisition announcement."/>
Fitch Rates Sovran's $200MM Term Notes due 2028 'BBB'; Ratings on Negative Watch
Interactive Brokers Group, Inc. has released its July IB Communiqué to inform clients worldwide about the latest enhancements to their trading platform, products and services. Personalize Your Trading Platform- Recent TWS enhancements give you even more ways to customize your platform and save time creating and submitting orders. Recognizing that some clients trade only a handful of the many products offered through TWS, clients may now use a Contract..."/>
IBKR Announces the Latest Advances to Its Trader Workstation Trading Platform
United Development Funding IV today announced that a NASDAQ Hearings Panel has determined to continue the listing of the Trust’ s common shares on The NASDAQ Stock Market LLC. The Trust’ s continued listing is subject to the condition that, on or before September 12, 2016, the Trust evidence compliance with Nasdaq Listing Rule 5250 (c) by filing all necessary periodic reports with the Securities and Exchange Commission. The Trust must also be able to..."/>
NASDAQ Hearings Panel Approves Continued Listing of United Development Funding IV Shares
Cynosure, Inc., a leading developer and manufacturer of a broad array of light-based aesthetic and medical treatment systems, will visit the Nasdaq MarketSite in Times Square in celebration of the company’ s 25 th anniversary. In honor of the occasion, Michael R. Davin, Chairman, President and CEO, and other members of the management team will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Cynosure, Inc. (Nasdaq: CYNO) to Ring The Nasdaq Stock Market Closing Bell
CommerceHub, a leading distributed commerce network for retailers and brands, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Frank Poore, Founder and CEO, will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
CommerceHub (Nasdaq: CHUBA, CHUBK) to Ring The Nasdaq Stock Market Opening Bell
Allied Minds, and Lockheed Martin are collaborating to apply HawkEye 360' s radio frequency detection and mapping technology in new markets. HawkEye 360 plans to deploy a constellation of small satellites in low-Earth orbit at less than 600 km from the Earth's surface, to identify, locate and analyze RF signals globally. Pending various regulatory approvals of this system and its capabilities,..."/>
Lockheed Martin and HawkEye 360 Collaborating to Bring Space-Based Radio Frequency Mapping and Analytics to New Markets
First Merchants Corporation reported record second quarter 2016 net income of $20 million, an increase of 11.3 percent, compared to $18 million during the second quarter of 2015. Earnings per share for the period totaled a record$. 49 per share, an increase of$. 02 per share, or 4.3 percent, over the same period in 2015. Year-to-date net income totaled $37.7 million, compared to $34.1 million during the same period in 2015."/>
First Merchants Corporation Announces Record Second Quarter 2016 Results

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