Industry News

Nasdaq today announced that Microchip Technology Incorporated, will become a component of the NASDAQ-100 Index ® and the NASDAQ-100 Equal Weighted Index prior to market open on Monday, July 18, 2016. Microchip Technology Incorporated will replace Endo International plc in the indexes.. Microchip Technology Incorporated is headquartered in Chandler, Arizona, and has a market capitalization of approximately $10.8 billion."/>
Microchip Technology Incorporated to Join the NASDAQ-100 Index Beginning July 18, 2016
Chimerix was on the fast track. It had received federal approval to test its experimental drug on Ebola-infected patients in Europe and the United States. Then last year, Chimerix was on the brink of getting that same antiviral drug, brincidofovir, accepted in the national stockpile to protect Americans against bioterror threats."/>
Chimerix pins hopes on smallpox antidote [The News & Observer (Raleigh, N.C.)]
Triumph Bancorp, Inc. today announced that it expects to release its 2016 second quarter financial results July 26, 2016 after the close of business. Upon filing, the financial results will be available on the Company’ s website at www.triumphbancorp.com through the Investor Relations portal.. Aaron P. Graft, vice chairman and CEO, and Bryce Fowler, CFO, will review the quarterly results in a conference call for investors and analysts beginning at 8:30 a.m. CDT..."/>
Triumph Bancorp Announces Schedule for Second Quarter 2016 Earnings Release and Conference Call
Grayson Bankshares, Inc. have closed their merger, the banks said. The deal, which was agreed last November, is worth around USD 30 m. With the completion of the merger, the subsidiary banks of Bank ofFloydand Grayson National Bank are now combined into one national bank regulated by the Office of the Comptroller of the Currency."/>
Virginia, US Bank Holding Companies Cardinal Bankshares, Grayson Close USD 30m Merger
Sears, one of the original stores of the Danbury Fair mall, has recently completed a renovation and is open for business with a more modern look and single-level layout. Sears formerly occupied two floors at the mall, but has leased its 70,000- square-foot second floor to the European fashion store Primark. Sears, which was part of the mall when it opened in October 1986, now takes up 58,123 square feet on the first level."/>
Renovation gives Sears a fresh look at Danbury Fair mall [The Hour, Norwalk, Conn.]
Banco Bradesco S.A.. Investors who purchased or otherwise acquired shares between April 30, 2012 through May 31, 2016, inclusive, are encouraged to contact the Firm prior to the August 2, 2016, lead plaintiff motion deadline.. If you purchased shares of Banco Bradesco during the Class Period, please contact Joon M. Khang, Esquire, of Khang& Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA..."/>
IMPORTANT SHAREHOLDER NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Banco Bradesco S.A. and Reminds Investors with Losses to Contact the Firm
Faces and places [The Macon Telegraph]
Ellington Financial LLC today announced that its estimated book value per common share as of June 30, 2016 was $20.58, or $20.30 on a diluted basis. Estimated book value per share on a diluted basis takes into account securities convertible into the Company's common shares. These estimates are subject to change upon completion of the Company's month-end valuation procedures relating to its investment positions, and any such change..."/>
Ellington Financial LLC Reports Estimated Book Value Per Share As Of June 30, 2016
Aon plc, the leading global provider of risk management and human resource consulting and outsourcing, plans to announce second quarter 2016 results on Friday, July 29 th, 2016 in a news release to be issued before the market opens. Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, July 29 th, 2016. The conference call will be broadcast live through Aon's website at www.aon.com."/>
Aon Announces Second Quarter 2016 Earnings Release and Conference Call
Bay Bancorp, Inc., the parent company of Bay Bank, announced today that it has completed its acquisition of Hopkins Bancorp, Inc. Bay Bank, FSB is now the fifth largest community bank headquartered in the Baltimore region based upon deposit market share. Following the merger, Bay Bank will have total assets of approximately $650 million and 12 branches in the Baltimore-Washington corridor.. Bay Bank acquired two branches from Hopkins Federal Savings Bank..."/>
Bay Bank Finalizes its Acquisition with Hopkins Federal Savings Bank
PS Business Parks, Inc. announced today that it intends to release its second quarter 2016 earnings after the close of business on Tuesday, July 26, 2016.. A conference call is scheduled for Wednesday, July 27, 2016, at 8:00 a.m. to discuss second quarter results. The toll free number is 299-3246; the conference ID is 61552148."/>
PS Business Parks, Inc. to Release Second Quarter 2016 Earnings and Host Quarterly Conference Call
National Interstate Corporation announced today that the Special Committee of its Board of Directors received a revised proposal, dated July 6, 2016, from Great American Insurance Company, a wholly-owned subsidiary of American Financial Group, Inc., to pay $32.00 per share of common stock of the Company for the outstanding shares of the Company not owned by Great American Insurance Company.. The Special Committee is reviewing and evaluating the..."/>
Special Committee of National Interstate Corporation Considering Latest Proposal from Great American Insurance Company
AmTrust Financial Services, Inc., known collectively as the AmTrust Group. Best has affirmed the ICR of“ bbb” and all issue ratings and indicative issue ratings of AFSI. The outlook for each rating is stable."/>
A.M. Best Affirms Ratings of AmTrust Financial Services, Inc. and Its Subsidiaries
Ashford Hospitality Trust, Inc. announced today that it intends to redeem all of its issued and outstanding shares of 9.00% Series E Cumulative Preferred Stock. All shares of Series E Preferred Stock will be redeemed in accordance with the applicable procedures of the Depository Trust Company. The redemption of the Series E Preferred Stock is conditioned upon the closing by the Company of its previously announced offering of Series F..."/>
Ashford Announces Redemption Of Series E Preferred Stock
Pzena Investment Management, Inc. today announced that it will hold a conference call to discuss the Company’ s financial results and outlook at 10:00 a.m. ET, Wednesday, July 20, 2016. The call will be open to the public.. Webcast Instructions: To gain access to the webcast, which will be "listen-only," go to the Events page in the Investor Relations area of the Company’ s website, www.pzena.com."/>
Pzena Investment Management, Inc. Announces Second-Quarter 2016 Earnings Conference Call
Bridge Bancorp, Inc., the holding company for The Bridgehampton National Bank, announced the declaration of a quarterly dividend of $0.23 per share. The dividend will be payable on July 29, 2016 to shareholders of record as of July 22, 2016. The Company continues its trend of uninterrupted dividends.."/>
Bridge Bancorp, Inc. Announces Second Quarter 2016 Dividend
Tanger Factory Outlet Centers, Inc., announced today that its Board of Directors declared a quarterly dividend of $0.325 per share for the second quarter ending June 30, 2016. A cash dividend of $0.325 per share will be payable on August 15, 2016 to holders of record on July 29, 2016.. Since becoming a public company in May 1993, the Company has paid a cash dividend each quarter and has increased its dividend each year."/>
Tanger Declares Dividend For Second Quarter 2016
Western Alliance Bancorporation announced today that it plans to release its second quarter 2016 financial results after the market closes on Thursday, July 21, 2016. Chairman and CEO Robert Sarver and CFO Dale Gibbons will host a conference call at 12:00 p.m. ET on Friday, July 22, 2016, to discuss the Company's performance. Participants may access the call by dialing 1-888-317-6003 using the pass code 1639792 or via live audio webcast using the website link:..."/>
Western Alliance Bancorporation Announces Second Quarter 2016 Earnings Release Date, Conference Call and Webcast
PHH Corp. has been recruited by Fifth Third Bancorp to lead the company's residential lending business. Edward L. Robinson joined PHH in April 2013 as vice president of originations and was promoted to senior vice president of servicing in 2014.. Robinson oversaw a primary mortgage servicing portfolio of more than 628,000 home loans with an outstanding balance of over $97 billion."/>
New Mortgage Chief at Fifth Third [Mortgage Daily]

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