Industry News

PHI Group, a U.S. diversified holding company engaged in mergers and acquisitions announced today that the Company has signed an agreement with Milost Global, Inc., a U.S. private equity firm, for a commitment of up to $100 million to finance the Company’ s future acquisitions and provide for working capital needs. Investment in the amount of USD 50 million will be as equity and USD 50 million as loans.. According to the agreement, Milost is willing to invest $15..."/>
PHI Group Secures $100 Million Commitment to Finance Acquisition and Growth
S/P Global Market Intelligence's Equity and Fund Research equity qualitative and quantitative rankings and analysis business, the firm said. S/P Global Market Intelligence is a division of S/P Global. Terms of the deal were not disclosed."/>
CFRA to Acquire Equity and Fund Research Business from S/P Global Market Intelligence
Solar Senior Capital Ltd. announced today that it has priced a public offering of 4,000,000 shares of its common stock that will result in net proceeds to the Company, exclusive of offering expenses, of $67.04 million, or $16.76 per share. The Company's investment adviser, Solar Capital Partners, LLC, has agreed to bear the sales load payable to the underwriters. In addition, Solar Capital Partners has agreed to pay the underwriters an additional supplemental..."/>
Solar Senior Capital Ltd. Announces Pricing of Public Offering of Common Stock
Old National Bancorp, will be presenting at the 2016 INVEST Indiana Equity Conference on Thursday, September 15 at 1:50 p.m. Eastern in Indianapolis, Indiana.. Interested investors may access corresponding presentation slides and listen to the live webcast of the presentation by accessing the Investor Relations section at Listeners should go to the..."/>
Old National Bancorp to Present at the 2016 INVEST Indiana Equity Conference
Daily Mail, London, market report column [Daily Mail, London]
TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for August, 2016.. Toronto Stock Exchange welcomed one new issuer in August 2016, compared with 13 in the previous month and nine in August 2015. The new listing was a mining company."/>
TMX Group Equity Financing Statistics - August 2016
Sports Direct. The stunning votes against chairman Keith Hellawell and the' independent' directors represent an unprecedented mauling for a public company. If anything ever called for regulatory intervention in support of the corporate governance codes it is this."/>
Daily Mail, London, Alex Brummer column [Daily Mail, London]
S&P Global Ratings is seeking market feedback on two proposed evaluation tools, separate from its credit ratings, that are intended to assess risks to sustainability at both the individual project and corporate entity levels. White papers on both frameworks are available at and market participants are invited to submit comments through brief feedback surveys that may be accessed through..."/>
New Green Bond And ESG Evaluation Tools Proposed By S&P Global Ratings
First Republic Bank, a leading private bank and wealth management company, today announced that Lena Robinson, who worked for the San Francisco Federal Reserve for 17 years in community development, has joined the company. Robinson was appointed Director of Community Development and will work with First Republic's team responsible for identifying opportunities with nonprofit organizations, community groups and government agencies."/>
First Republic Appoints Director Of Community Development
Travelers Companies, Inc., today will host its Cyber: Prepare, Prevent, Mitigate, Restore? symposium in San Francisco at the Nasdaq Entrepreneurial Center. Cybersecurity professionals from the public and private sector, including the Federal Bureau of Investigation, will discuss how businesses can protect themselves against..."/>
Travelers Institute Brings National Cybersecurity Series to San Francisco
Piper Jaffray Companies, a leading investment bank and asset management firm, is pleased to announce the hiring of Scott J.R. Smith as a managing director in its investment banking financial sponsor coverage group. He will be based in the Charlotte office."/>
Piper Jaffray Hires Scott J.R. Smith as Managing Director in Financial Sponsor Coverage Group
HCI Group, Inc. and a leading provider of homeowners insurance in Florida, has issued an initial assessment of losses from Hurricane Hermine, which made landfall in Florida last week. The first hurricane to hit Florida in over 10 years, Hermine made landfall at a section of the northwest Florida coastline known as the“ big bend.” It crossed through mostly rural..."/>
Homeowners Choice Issues Hurricane Hermine Update
CIT Group Inc.,, a leading provider of commercial lending and leasing services, today announced the appointment of Michael Jones as Managing Director of CIT Equipment Finance, effective September 25. Jones will be based in Jacksonville, Florida and will report to Steve Solk, President, CIT Business Capital."/>
CIT Appoints Michael Jones Managing Director of CIT Equipment Finance
Manulife U.S. Regional Bank Trust, a closed-end investment fund, received acceptance by the Toronto Stock Exchange of the Fund's Notice of Intention to make a Normal Course Issuer Bid. Pursuant to the NCIB, the Fund proposes to purchase through the facilities of the TSX, from time to time, if it is considered advisable, up to 999,584 Class A Units of the Fund, representing 10% of the public float which is the same..."/>
Manulife U.S. Regional Bank Trust (TSX: MBK.UN) Announces Normal Course Issuer Bid
BBX Capital Corporation today announced that BBX Capital has joined its growing family of select franchisees. BBX Capital has created a new division with the goal of developing 50 or more MOD locations throughout central and southern Florida over the next seven years, including the major metropolitan markets of Miami, Fort Lauderdale, Palm Beach, Orlando and Tampa. With this agreement, MOD..."/>
MOD Pizza Continues Growth in Key US Markets: Selects BBX Capital as New Franchisee for Florida
Charles Schwab& Co., Inc.. The survey, which explores the attitudes and..."/>
The $100,000 Question: RIAs and Investors Alike Would Allocate More Than One Third of an Extra $100k to ETFs
Nasdaq MarketSite in Times Square for a commemorative ceremony and to ring The Nasdaq Stock Market Opening Bell. In honor of the occasion, Roger Coleman, CEO of Coleman Partners, LLC and Tuesday’ s Children Board Member, will ring the Opening Bell. Nasdaq’ s U.S. markets will observe a..."/>
Tuesday’s Children to Ring The Nasdaq Stock Market Opening Bell in Remembrance of 9/11

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