Industry News

CyrusOne Inc. has priced a public offering of 6,800,000 shares of its common stock, of which 3,400,000 shares were offered directly by CyrusOne, and 3,400,000 shares were offered, at the request of CyrusOne, by the Forward Purchaser or its affiliate in connection with the forward sale agreement described below, at a price to the public of $50.50 per share. The underwriters have been granted an option to purchase up to 1,020,000 additional shares of common stock from the..."/>
CyrusOne Inc. Prices Public Offering of Common Stock
Morgan Stanley branch in The Villages defamed Dale Cebert, of Ocala, after firing him. Peter King, a Tampa-based attorney who represented Cebert and who is familiar with these types of cases, counted the amount of punitive damages among the reasons the case stands out..."/>
Business news: Ocala broker wins $2M plus from Morgan Stanley [Ocala Star-Banner, Fla.]
Westfield will celebrate the Grand Opening of its World Trade Center location on Tuesday, August 16 th 2016, with a majority of retail stores opening for the first time at 12 noon that day. "The World Trade Center is a symbol of hope, opportunity, progress, and perseverance," said William Hecht, Westfield's..."/>
Westfield World Trade Center To Officially Open August 16th
Gladstone Land Corporation today announced that it plans to sell shares of a newly-designated Series A Cumulative Term Preferred Stock in an underwritten public offering. The public offering price and other terms are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30- day option to purchase additional shares of Series A Preferred Stock on the same terms and conditions to..."/>
Gladstone Land Corporation Announces Preferred Stock Offering
Federated Premier Municipal Income Fund and Federated Premier Intermediate Municipal Income Fund have declared monthly dividends, the companies said. Federated Premier Municipal Income Fund dividend of USD0.07 is payable on September 1, 2016 to shareholders of record as of August 23, 2016.. Federated Premier Intermediate Municipal Income Fund dividend of USD0.054 is payable on September 1, 2016 to shareholders of record as of August 23, 2016.."/>
Federated Investors' closed-end municipal funds declare monthly dividends
Main Street Capital Corporation has received a license from the US Small Business Administration to operate a third small business investment company, the company said. The third SBIC license provides Main Street with up to USD125 million of additional long-term, fixed interest rate debt capital through the issuance of SBA-guaranteed debentures. The maximum amount of SBA-guaranteed debentures that affiliated SBIC funds can have outstanding was increased from USD225..."/>
Main Street receives 3rd SBIC license
Ashford Hospitality Trust, Inc. has completed the redemption of all of its issued and outstanding shares of 9.00 percent Series E cumulative preferred stock, the company said. The aggregate redemption price was USD25.23125 per share, including a redemption price of USD25.00 per share as well as accrued and unpaid dividends of USD0.23125 per share. The total redemption cost was approximately USD117 million, which was funded from the company's recently-completed public..."/>
Ashford Trust completes redemption of Series E preferred stock
National Bank Holdings Corporation has authorized a new program to repurchase up to USD50 million of the company's common, the company said. As of the close of business on August 8, 2016, the company's previously authorized USD50 million stock repurchase program announced in January 2016 is completed and USD26.0 million of authorization remains under the newly announced program. As of the close of business on August 8, 2016, the company had outstanding..."/>
National Bank Holdings commences new USD50m stock repurchase program
Main Street Capital Corporation has reported net investment income of USD27.6 million in the second quarter 2016, representing a 2.0 percent increase from the second quarter of 2015, the company said. The company reported distributable net investment income of USD29.9 million in the second quarter 2016, representing a 4.0 percent increase from the second quarter of 2015.. The company declared regular monthly dividends totaling USD0.54 per share for the third quarter of..."/>
Main Street reports USD27.6m in net investment income in Q2 2016
Merchants Bank donates to Chittenden Emergency Food Shelf
DCB Financial Corp has reported net income of USD331, 000 for the three months ended June 30, 2016, compared to net income of USD144, 000 for the same period in 2015, the company said. Net income was USD447, 000 for the six months ended June 30, 2016, compared to net income of USD383, 000 for the same period in 2015.. Total assets were USD556.1 million at June 30, 2016, compared with USD553.2 million at March 31, 2016 and USD541.3 million at December 31, 2015.."/>
DCB Financial reports USD331,000 in Q2 2016 net income
Redwood Trust, Inc. has reported net income for the second quarter of 2016 of USD41 million, compared to net income of USD12 million for the first quarter of 2016 and net income of USD27 million for the second quarter of 2015, the company said. The company also reported non-GAAP core earnings for the second quarter of 2016 of USD40 million, compared to core earnings of USD37 million, for the first quarter of 2016.. Redwood reported estimated REIT taxable income of USD28 million for..."/>
Redwood Trust reports Q2 2016 net income of USD41m
OnDeck reports 47% YOY increase in loans under management
Redwood Trust, Inc. has authorized the declaration of a third quarter regular dividend of USD0.28 per share, the company said. The third quarter 2016 dividend is payable on September 30, 2016 to stockholders of record on September 15, 2016.. Redwood Trust, Inc., together with its subsidiaries, is a specialty finance company?"/>
Redwood Trust declares dividend for Q3 2016
Lending Club appoints Fannie Mae CEO to board
Fidelity D&D Bancorp announced its third-quarter cash dividend of 29 cents per share, an increase of two cents from the third quarter of 2015.. The dividend is payable to shareholders Sept. 10.. Fidelity operates 11 offices in Lackawanna and Luzerne counties."/>
BRIEF: Fidelity announces dividend [The Times-Tribune, Scranton, Pa.]
Northwest Bancshares, Inc. has received the necessary regulatory approvals from the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance Corporation for the proposed acquisition of 18 First Niagara Bank offices, the company said. The transaction is expected to close on September 9, 2016.. Headquartered in Warren, Pennsylvania, Northwest Bancshares, Inc. is the holding company of Northwest Bank."/>
Northwest Bank approved to acquire 18 First Niagara Bank offices
Tanger Factory Outlet Centers, Inc. operating partnership Tanger Properties Limited Partnership has completed a public offering of USD250 million of 3.125 percent senior notes due 2026 in an underwritten public offering through BofA Merrill Lynch and Wells Fargo Securities as joint book-running managers, the company said. The net proceeds from the offering were approximately USD246.7 million. Tanger said it intends to use the net proceeds from the sale of the notes to..."/>
Tanger closes on USD250m senior notes due 2026
MidSouth Bancorp, Inc. has approved the promotion of Troy Cloutier from president to chief executive officer of MidSouth Bank, effective November 1, 2016, the company said. As president and CEO, Cloutier will assume more responsibility for managing the daily operations of MidSouth Bank's two-state franchise. Cloutier previously held the position of chief banking officer and senior executive vice president of MidSouth Bank since January 2011 and..."/>
MidSouth Bank promotes president to CEO
Ares Capital Corp., GAMCO Global Gold Natural Resources& Income Trust, NASDAQ Inc., and FS Investment Corp.. These stocks belong in the Financial sector, which was moderately higher on Tuesday, August 09, 2016."/>
Diversified Investments Stocks on Investors' Radar -- Ares Capital, GAMCO Global Gold Natural Resources & Income Trust, Nasdaq, and FS Investment
CyrusOne is pleased to announce its sponsorship of the American Red Cross Ready 365 Giving Program. Aligned with CyrusOne’ s industry-leading IT disaster recovery services, as a Ready 365 membership partner, CyrusOne is helping support the American Red Cross prepare and respond to natural disasters."/>
Global Colocation Solutions Provider CyrusOne Supports the American Red Cross as a Ready 365 Member

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