Industry News

Middleburg Financial Corporation today announced that it has been added to the Russell 3000 ® Index as part of Russell Investments' annual reconstitution of its stock indexes. In addition, the Company announced that it has received a 5- Star "Superior" rating for financial strength from BauerFinancial, Inc., the nation's leading independent bank rating firm. Gary R. Shook, President and CEO of Middleburg Financial Corporation, said, "Being..."/>
Middleburg Financial Corporation Added to Russell 3000® Index; Receives Five-Star "Superior" Rating from BauerFinancial, Inc.
Rexford Industrial Realty, Inc. has sold two Southern California properties for a total of USD 19.25 m, the company said. The company sold 12910 Mulberry Drive, a 153,080 square foot 1960' s vintage building with 18- foot clear-heights located in Whittier, California, in the Los Angeles' Mid Counties submarket, for USD 15 m, or approximately USD 98 per square foot. Rexford also sold 1840 Dana Street, a 13,497 square foot creative industrial building..."/>
Rexford Industrial Realty Acquires Sells Two California Properties
Rexford Industrial Realty, Inc. has acquired two assets, including the remaining 85% interest in a property previously held in a joint venture for approximately USD 21.8 m and a multi-tenant industrial building for USD 7.6 m, the company said. The acquisitions were funded using proceeds from the dispositions and cash on hand. Rexford Industrial acquired the remaining 85% interest that it did not previously own in 3233 Mission Oaks..."/>
Rexford Industrial Realty Acquires Three California Assets
Boston Properties, Inc. has closed an agreement with real estate funds managed by US-based private equity firm Blackstone to acquire a 49.8% interest in an existing joint venture with US-based retirement provider Teachers Insurance and Annuity Association, the firm said. Boston Properties made the acquisition through its investment in Chicago, Illinois-based office building owner Equity Office Properties."/>
Boston Properties Closes USD 511.1m Acquisition of 49.8% Stake in California Office JV
Hudson Pacific Properties, Inc. has completed the acquisition of 11601 Wilshire Boulevard, a 500,475- square-foot class A office tower in West Los Angeles, for USD 311 m, the company said. Hudson Pacific said it will lease-up and renovate the currently 83% occupied property, which has served as the company's headquarters for the last six years. In addition to approximately USD 80 m in net proceeds from a combination of the sale of One Bay..."/>
Hudson Pacific Properties Closes USD 311m Acquisition of Los Angeles Office Building
H&R Announces TSX Acceptance of Normal Course Issuer Bid
Stonegate Mortgage Corporation will issue a press release to report its results for the second quarter ended June 30, 2016 before the market opens on Thursday, August 4, 2016. The release will be available on Stonegate Mortgage's Investor Relations Website at http://investors.stonegatemtg.com/. Stonegate Mortgage's Chief Executive Officer Jim Smith and Chief Financial Officer Carrie Preston will review the results in a recorded..."/>
Stonegate Mortgage Corporation to Report Second Quarter 2016 Results
United Fire Group, Inc. announced today that its 2016 second quarter earnings results will be released before the market opens on August 3, 2016. An earnings call will be held at 9:00 a.m. central time on that date to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the Company's 2016 second quarter results.. Teleconference: Dial-in information for the call is toll-free..."/>
United Fire Group, Inc. Announces Its 2016 Second Quarter Earnings Call
Rocky Mountain Bank Takes Another Swipe at Breast Cancer
Pacific Continental Corporation, the holding company of Pacific Continental Bank, will conduct a live telephone conference call and audio webcast related to its second quarter earnings on Thursday, July 21, 2016, at 11:00 a.m. Pacific/ 2:00 p.m. Eastern. The corresponding earnings release will be issued after market close on Wednesday, July 20, 2016.. To listen to the conference call, interested parties should call Toll-Free Dial-in:..."/>
Pacific Continental Corporation Schedules Second Quarter Conference Call for Thursday, July 21, 2016
Kentucky First Federal Bancorp the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that the Company’ s Board of Directors declared a cash dividend of $0.10 per share payable on August 15, 2016, to shareholders of record on July 29, 2016. Tony Whitaker, Chairman of the Company, stated that the Board of Directors..."/>
Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend
Selective Insurance Group, Inc. has announced that it will release its second quarter 2016 financial results after the market closes on Wednesday, July 27, 2016. The company will hold a conference call on Thursday, July 28, 2016 at 8:30 a.m. to discuss the results.. This call will be webcast live and can be accessed on Selective’ s website at www.Selective.com."/>
Selective Insurance Group, Inc. Schedules Earnings Release and Conference Call to Announce 2nd Quarter 2016 Results
Franklin Street Properties Corp. announced today that its Board of Directors declared a regular quarterly dividend of $0.19 per share of common stock for the period April 1, 2016 through June 30, 2016, payable on August 11, 2016 to stockholders of record as of July 22, 2016.. This press release, along with other news about FSP, is available on the Internet at www.franklinstreetproperties.com. We routinely post information that may be important to investors..."/>
Franklin Street Properties Corp. Declares Quarterly Dividend
German American Bancorp, Inc. and its banking subsidiary, German American Bancorp has announced a number of promotions to its executive and senior officer group. Mark A. Schroeder, Chairman& Chief Executive Officer, made the following comments regarding the announcement,“ In response to the tremendous growth we‘ ve experienced as a Company in recent years and in preparation for what we see as continued, excellent prospects for future growth, we are very..."/>
German American Announces Executive Promotions
TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for June 2016.. Toronto Stock Exchange welcomed nine new issuers in June 2016, compared with 6 in the previous month and 6 in June 2015. The new listings included six exchange traded funds, one SPAC, one real estate company and one diversified industries company."/>
TMX Group Equity Financing Statistics - June 2016
Summit State Bank, a local community bank headquartered in Sonoma County California, will visit the Nasdaq MarketSite in Times Square to celebrate its 10 th year listing anniversary. In honor of the occasion, Jim Brush, President and CEO will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Summit State Bank (Nasdaq: SSBI) to Ring The Nasdaq Stock Market Closing Bell

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