Industry News

ZAIS Financial Corp. and Sutherland Asset Management Corporation, a privately held commercial mortgage REIT, today announced that they have received the necessary stockholder approvals to move forward with their previously announced merger. At two separate special meetings of the stockholders of ZFC and Sutherland held today, the ZFC stockholders voted in favor of the proposal to issue shares to Sutherland stockholders in..."/>
ZAIS Financial Corp. And Sutherland Asset Management Corp. Announce Stockholder Approvals Of Their Merger
AmeriServ Financial Bank is helping to provide safe and secure living environments for seniors in the communities it serves by funding two local Senior Crimestoppers Programs. In conjunction with CRA Partners, the bank came forward to help vulnerable seniors by funding this program that protects those who live and work in local care facilities. "Crime against the elderly in our society is a growing concern but can be reduced and prevented..."/>
AmeriServ Financial Bank Provides Funding for Secure Living Environments for Seniors
Hope Bancorp, Inc. today announced that the company will announce financial results for its 2016 third quarter after the markets close on Tuesday, October 18, 2016.. A conference call to discuss 2016 third quarter financial results will be held on Wednesday, October 19, 2016 at 9:30 a.m. Pacific Time/ 12:30 p.m. Eastern Time. Institutional investors and analysts are invited to access the conference call by dialing 866-235-9917 or 412-902-4103, and..."/>
Hope Bancorp to Announce 2016 Third Quarter Financial Results on Tuesday, October 18, 2016
GSV Capital Corp. today provided an update, for the period since June 30, 2016, on a selection of the private companies in its investment portfolio.. As previously reported, GSV Capital’ s net assets totaled approximately $226.8 million, or $10.22 per share, as of June 30, 2016.. Snap Inc.: Previously known as Snapchat, the social media company changed its name to“ Snap Inc.” The company will release its first hardware product, Spectacles, a pair of video..."/>
GSV Capital Corp. Provides an Update on Portfolio Company Developments for the Period Since June 30, 2016
Owens Realty Mortgage, Inc. today announced that, on September 22, 2016, Tahoe Stateline Venture, LLC, a California limited liability company that is wholly-owned by the Company, entered into a Land and Entitlement Purchase Agreement with Jianping Pan, Kawana Holdings LLC and/or its nominee. Pursuant to the Purchase Agreement, TSV has agreed to sell to Buyer the approximately 8.0 acres of land and entitlements, including related..."/>
Owens Realty Mortgage, Inc. Announces Agreement to Sell The Chateau at the Village
Israel Discount Bank's share offering yesterday. The bank, managed by CEO Lilach Asher-Topilsky, raised NIS 700 million in the investment institution stage of the offering, with demand reaching NIS 1.3 billion. The NIS 6.93 share price for the offering was 1.5% higher than yesterday's closing price, after the share dropped 3.3% on the news of the upcoming offering, but 2% below the share price before the announcement."/>
Brisk demand for Discount Bank offering [Globes, Tel Aviv, Israel]
Clal Insurance Enterprises Holdings Ltd. from IDB. Clal Insurance CEO Izzy Cohen has recently met with ChemChina CEO Ren Jianxin and presented the company to him. ChemChina has no financial activity and currently examines the possibility of entering this field."/>
ChemChina mulls buying Clal Insurance [Globes, Tel Aviv, Israel]
CBOE Holdings, Inc. has agreed to acquire Kansas-based exchange operator Bats Global Markets, Inc. in a cash and stock transaction valued at approximately USD 32.50 per Bats share, the company said. The deal is worth a total of approximately USD 3.2 bn, consisting of 31% cash and 69% CBOE Holdings stock, based on CBOE Holdings' closing stock price of USD 70.30 per share on 23 September 2016.. This transaction is subject to customary..."/>
CBOE Holdings to Acquire US Exchange Operator Bats for USD 3.2bn
MBT Financial Corp. announced today that it will release its third quarter 2016 preliminary results after the close of the market on Thursday, October 27, 2016. The earnings report will be available on the company’ s website, www.mbandt.com. The company will also host an investor conference call to review the results on Friday, October 28, 2016 at 10 a.m."/>
MBT Financial Corp. Announces Third Quarter 2016 Preliminary Earnings Release and Conference Call
MetLife, Inc. has earned a spot on the 2016 Working Mother magazine’ s“ 100 Best Companies” list for outstanding leadership in programs, policies and a culture that supports working families. “For 18 years in a row, Working Mother magazine has recognized MetLife as a great place for working families,” said Elizabeth Nieto, MetLife’ s global chief diversity and inclusion officer.“ As a working mother, I’ m proud that we are deeply committed to providing policies and programs that..."/>
MetLife Named to Working Mother “100 Best Companies” List for 18th Year in a Row
Assurant, Inc., global provider of risk management solutions, is teaming up with website security company GamaSec to significantly lower the risk of attacks on small and medium business websites. Assurant is providing support for the limited warranty issued by GamaSec with its new GamaCyber website security offering. The warranty helps businesses get back on their feet after damages from website or web application attacks, including costs related to data..."/>
Assurant Partners with GamaSec to Protect Website Owners from Cyberattack; Adding financial protection to lower risk for small to midsized businesses
Integrated Asset Management Corp. and its private corporate debt division, IAM Private Debt Group, today announced a financing of $15 million for Biomont Energy Limited Partnership. The loan from the IAM Private Debt Group will finance the construction and long term operation of a 4.8 MW cogeneration facility that will utilize landfill and natural gas to generate electricity and heat. The electricity will be sold to Hydro-Quebec under a 25- year..."/>
Integrated Asset Management Corp. and IAM Private Debt Group Announce $15 Million Financing for Biomont Energy Limited Partnership
Outerwall Inc. today announced the successful completion of its agreement to be acquired by affiliates of certain funds managed by affiliates of Apollo Global Management, LLC for $52.00 per share in cash. Apollo and Outerwall also announced that the Company's segments will be managed and operated as three distinct businesses and named leadership for each of those units. Galen C. Smith was named Chief Executive Officer of Redbox, and..."/>
Outerwall Inc. Announces Completion of Acquisition by Certain Funds Managed by Affiliates of Apollo Global Management, LLC
Barclays PLC launched invitations to holders of certain notes set out in the table below issued by Barclays Bank PLC to tender such Notes for purchase by the Offeror, subject to applicable offer and distribution restrictions. Further to such invitations, the Offeror hereby informs the Noteholders that the Benchmark Security Rate in respect of the 2026 Notes and the Purchase Price in respect of each Series of Notes have been calculated in the..."/>
Barclays PLC Invitation to Purchase Notes for Cash: Announcement of Purchase Prices of Notes
Bank of America Merrill Lynch announced a collaboration on blockchain technology to fuel transformation of trade finance transacting. As part of this collaboration, the two companies will build and test technology, create frameworks, and establish best practices for blockchain-powered exchanges between businesses and their customers and..."/>
Microsoft and Bank of America Merrill Lynch collaborate to transform trade finance transacting with Azure Blockchain as a Service
HomeStreet, Inc., the parent company of HomeStreet Bank, will conduct a quarterly earnings conference call on Tuesday, October 25, 2016 at 1:00 p.m. EDT. Mark K. Mason, President and CEO, and Melba Bartels, Senior Executive Vice President and CFO, will discuss third quarter 2016 results and provide an update on recent activities. A question and answer session will follow the presentation."/>
HomeStreet, Inc. Schedules Third Quarter 2016 Earnings Call for Tuesday, October 25, 2016

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