Industry News

Assured Guaranty Ltd., the leading provider of financial guaranty insurance, announced today that its subsidiary Assured Guaranty Corp. acquired CIFG Holding Inc., the parent of financial guaranty insurer CIFG Assurance North America, Inc. in accordance with the agreement announced on April 13, 2016.. On or about July 5, 2016, CIFG will merge with and into AGC, with AGC as the surviving company. After the merger, all insurance policies issued by CIFG will..."/>
Assured Guaranty Corp. Completes Acquisition of CIFG Assurance North America, Inc.
American Capital Agency Corp. today announced that it has completed the internalization of its management function through the acquisition of American Capital Mortgage Management, LLC and its subsidiaries. AGNC acquired ACMM from a portfolio company of American Capital, Ltd. for a purchase price of $562 million in cash at closing, and no termination fee was paid by AGNC under its management agreement in connection with the..."/>
American Capital Agency Corp. Completes the Acquisition of Its External Manager
American Capital Mortgage Investment Corp. today announced that American Capital Agency Corp. has completed the acquisition of American Capital Mortgage Management, LLC, the parent company of MTGE's external manager, American Capital MTGE Management, LLC, from a portfolio company of American Capital, Ltd.. MTGE Manager will continue to provide investment management services to MTGE on an external basis under the existing fee structure."/>
American Capital Mortgage Investment Corp. Announces the Completion of the Acquisition of Its External Manager by American Capital Agency Corp.
LTC Properties, Inc. announced today that it had declared a monthly cash dividend on its common stock for the third quarter of 2016.. The Company declared a monthly cash dividend of $0.18 per common share per month for the months of July, August and September 2016, payable on July 29, August 31 and September 30, 2016, respectively, to stockholders of record on July 21, August 23 and September 22, 2016, respectively. LTC is a real estate investment trust..."/>
LTC Declares Its Monthly Common Stock Cash Dividend for the Third Quarter of 2016
Templeton Global Income Fund today announced its regular monthly dividend from net investment income of $0.025 per share, payable on July 29, 2016, to shareholders of record on July 15, 2016. The Fund's investment manager, Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and..."/>
Templeton Global Income Fund ("GIM") Announces Dividend
1st Century Bancshares, Inc., the former holding company for 1st Century Bank. Following the acquisition, Midland will continue to operate the 1st Century Bank brand as a division of MidFirst Bank and all of 1st Century Bank’ s West Los Angeles offices will remain in operation. “This merger provides us a strong presence in Los..."/>
Midland Financial Co. and 1st Century Bancshares, Inc. Complete Merger Transaction
Syncora Holdings Ltd. and its wholly owned subsidiaries, Syncora Guarantee Inc. and Syncora Capital Assurance Inc., announced today that the Company has posted on its website at, its interim GAAP consolidated financial statements for the quarter ended March 31, 2016.. The Company also announced that SGI has entered into an Amended and Restated Restructuring Support Agreement with the Puerto Rico Electric Power Authority..."/>
Syncora Holdings Ltd. Announces Posting of First Quarter 2016 Interim GAAP Consolidated Financial Statements and Provides Update on Recent Events
Syncora Holdings Ltd. and its wholly-owned subsidiaries, Syncora Holdings US Inc. and Syncora Guarantee Inc., today announced that they have entered into a Transaction Support Agreement with holders of more than 82% by principal amount of SGI's externally held surplus notes and holders of more than 84% by liquidation preference of externally held SHL preferred shares to support and participate in a comprehensive exchange..."/>
Syncora Holdings Ltd. And Subsidiaries Enter Into A Transaction Support Agreement With Surplus Noteholders And SHL Preferred Shareholders
Omega Healthcare Investors disclosed on Thursday that it has priced an aggregate principal amount of USD700m of 4.375% senior notes due 2023 in a public offering. Net proceeds from the offering may be used by the company to repay outstanding borrowings under its revolving credit facility as well as for general corporate purposes, including future acquisitions. The notes will be senior unsecured obligations guaranteed by the company's existing and..."/>
Omega prices USD700m senior notes in public offering
Pinnacle Financial Partners, Inc. completed its previously announced acquisition of Avenue Financial Holdings, Inc. today. In connection with the merger of Avenue with and into Pinnacle, Avenue Bank, Avenue’ s wholly owned bank subsidiary, merged with and into Pinnacle Bank, Pinnacle’ s wholly owned bank subsidiary. The acquisition, which was announced on Jan. 28, 2016, was concluded following the receipt of approval from Avenue’ s shareholders and receipt of..."/>
Pinnacle Closes Merger with Avenue Financial
State Street Corporation. "As set forth in our announcement earlier this year about the planned sale of GE Asset Management, this transaction is consistent with GE's efforts to simplify its financial services portfolio and maximize value for shareholders," said GEAM Chairman, President and CEO Dmitri Stockton. "State Street is an excellent franchise..."/>
Chubb Limited will hold its second quarter earnings conference call on Wednesday, July 27, 2016, beginning at 8:30 a.m. Eastern. The company expects to issue its second quarter earnings release and financial supplement after the market closes on Tuesday, July 26, 2016. These documents will be available on the company's investor website at"/>
Chubb Limited to Hold its Second Quarter Earnings Conference Call on Wednesday, July 27, 2016
Bank of the Ozarks, Inc. announced its Board of Directors has approved a regular quarterly cash dividend of $0.16 per common share payable July 22, 2016 to shareholders of record as of July 15, 2016. The dividend of $0.16 per common share represents an increase of $0.005 per common share, or 3.2%, over the dividend paid in the previous quarter. The Company has increased its quarterly cash dividend in each of the last twenty-four quarters."/>
Bank of the Ozarks, Inc. Announces Increased Regular Quarterly Dividend
Franklin Financial Services Corporation, the bank holding company of F&M Trust, announced that Timothy G. Henry has been appointed as Chief Executive Officer of Franklin Financial Services Corporation and F&M Trust effective July 1, 2016. Henry was previously appointed President of Franklin Financial and F&M Trust effective February 1, 2016.. William E. Snell, Jr., will officially retire as CEO and a member of the..."/>
Franklin Financial, F&M Trust Appoint Tim Henry as CEO
Ally Financial and TIME held a celebration event on June 30 th to honor the 2016 TIME Dealer of the Year winner, Mary Catherine "Kitty" Van Bortel. The event was held at the Van Bortel Ford dealership in East Rochester, New York and attended by business leaders from TIME, Ally, the Breast Cancer Coalition of Rochester and dealership personnel.. The TIME Dealer of the Year Award honors franchised new-vehicle dealers for exceptional..."/>
Ally and TIME Celebrate the 2016 TIME Dealer of the Year: Kitty Van Bortel of New York
Carolina Financial Corporation will announce second quarter 2016 financial results in a news release prior to the market opening on July 29, 2016 followed by a conference call at 2:00 PM Eastern Time where management will review earnings and performance trends. A conference call will be held at 2:00 p.m., Eastern Time on July 29, 2016. The conference call can be accessed by dialing 218-6998 or 247-5963 and requesting the Carolina..."/>
Carolina Financial Corporation to Announce Second Quarter 2016 Financial Results and Host Conference Call on July 29, 2016
S&T Bancorp, Inc., the holding company for S&T Bank with locations in Pennsylvania, Ohio, and New York, announced today there will be a conference call detailing the company's Second quarter 2016 earnings live over the Internet at 1:00 p.m. ET on Thursday, July 21, 2016. Todd D. Brice, president and chief executive officer, and Mark Kochvar, senior executive vice president and chief financial officer, will conduct the conference call."/>
S&T Bancorp To Webcast Second Quarter Earnings Conference Call
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced that it will host a conference call on Thursday, July 21, 2016, at 11 a.m. The call will follow the release of the company’ s earnings results for the second quarter of 2016, which is scheduled earlier that day at 6:45 a.m."/>
First American Financial Announces Second Quarter 2016 Earnings Conference Call
First Foundation Inc., a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, which collectively provide investment management, wealth planning, consulting, insurance, trust and banking services primarily to high net-worth individuals and businesses, today announced that during the second quarter of 2016, the Company finalized pricing on an agreement to sell approximately $265..."/>
First Foundation Announces Agreement with Freddie Mac on Loan Sale
Eaton Vance High Income 2021 Target Term Trust, a closed-end management investment company, today announced its first monthly distribution of $0.05 per common share. The Trust began trading on the NYSE on May 26, 2016. The distribution is expected to be paid on July 22, 2016 to shareholders of record on July 15, 2016."/>
Eaton Vance High Income 2021 Target Term Trust Declares Initial Monthly Distribution

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Financials721 Articles
Consumer Discretionary632 Articles
Information Technology628 Articles
Industrials468 Articles
Health Care369 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at