Industry News

FirstEnergy Corp. $393 million, and maybe more, to shore up the utility's credit rating. The plan is the third proposal in a rate case that began nearly two years ago and started as a way for the Akron-based utility to subsidize a pair of unprofitable power plants. Under the third plan, submitted and recommended June 29 by the PUCO staff, a new "distribution..."/>
PUCO hears 3rd rate plan testimony [The Blade, Toledo, Ohio]
First Cash Financial Services, Inc. and Cash America International, Inc. today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, with respect to the proposed business combination of First Cash and Cash America, has expired, concluding antitrust review of the transaction under the HSR Act and satisfying one of the important conditions to the closing of the pending transaction.."/>
First Cash and Cash America Announce Expiration of Hart-Scott-Rodino Waiting Period for Proposed Merger; $400 Million Credit Facility to be Effective at Merger Closing
Colliers International Group Inc. today reported strong financial results for its second quarter ended June 30, 2016. All amounts are in US dollars. Revenues for the second quarter were $482.5 million, an 18% increase relative to the same quarter in the prior year and Adjusted EBITDA was $52.8 million, up 18%."/>
Colliers International reports strong financial results for second quarter
Allegiance Bancshares, Inc., the holding company of Allegiance Bank, reported net income attributable to common stockholders of $5.3 million in the second quarter 2016, a 45.0%..."/>
Allegiance Bancshares Reports Second Quarter 2016 Results
Capital City Bank Group, Inc. today reported net income of $3.9 million, or $0.22 per diluted share for the second quarter of 2016 compared to net income of $1.6 million, or $0.10 per diluted share for the first quarter of 2016, and $3.8 million, or $0.22 per diluted share, for the second quarter of 2015. For the first six months of 2016, net income totaled $5.6 million, or $0.32 per diluted share, compared to net income of $4.8 million, or $0.28 per diluted..."/>
Capital City Bank Group, Inc. Reports Second Quarter 2016 Results
Janus Capital Group Inc. today reported second quarter 2016 net income of $39.0 million, or $0.21 per diluted share, compared with first quarter 2016 net income of $35.1 million, or $0.19 per diluted share, and net income of $44.7 million, or $0.23 per diluted share, in the second quarter 2015.. Flows, Assets Under Management, and Exchange-Traded Products. Average assets under management during the second quarter 2016 were $189.3 billion compared with $180.2 billion during..."/>
Janus Capital Group Inc. Announces Second Quarter 2016 Results
Outerwall Inc on Monday revealed an agreement and plan of merger with affiliates of certain funds managed by affiliates of Apollo Global Management LLC, a global alternative investment manager. Pursuant to the agreement, the Apollo Funds will acquire all of the outstanding shares of the company's common stock for USD52.00 per share in cash, which reflects a premium of about 51% over its closing stock price on 14 March 2016. This was just before its board of directors initiated an..."/>
Outerwall signs merger agreement with Apollo Funds for USD1.6bn total enterprise value
Downtown Reading business looking up [Reading Eagle, Pa.]
Potlatch Corporation today reported a net loss of $31.3 million, or $0.77 per diluted share, on revenues of $141.5 million for the quarter ended June 30, 2016. Excluding the after-tax loss of $36.7 million on the previously announced sale of 172,000 acres in central Idaho, net income was $5.4 million, or $0.13 per diluted share, in the second quarter. Net income was $0.7 million, or $0.02 per diluted share, on revenues of $128.7 million in the second quarter of..."/>
Potlatch Corporation Reports Second Quarter 2016 Results
Flagstar Bancorp, Inc., the holding company for Flagstar Bank, FSB, today reported second quarter 2016 net income of $47 million, or $0.66 per diluted share, as compared to $39 million in the first quarter 2016, or $0.54 per diluted share, and net income of $46 million in the second quarter 2015, or $0.68 per diluted share. "We're happy to report another solid quarter," said Alessandro P. DiNello, president and chief executive officer of Flagstar Bancorp,..."/>
Flagstar Reports Second Quarter 2016 Net Income of $47 million, or $0.66 per Diluted Share
KeyCorp today announced second quarter net income from continuing operations attributable to Key common shareholders of $193 million, or$. 23 per common share, compared to $182 million, or$. 22 per common share, for the first quarter of 2016, and $230 million, or$. 27 per common share, for the second quarter of 2015. During the second quarter of 2016, Key incurred merger-related expense totaling $45 million, or$. 04 per common share, compared to $24..."/>
KeyCorp Reports Second Quarter 2016 Net Income Of $193 Million, Or $.23 Per Common Share; Earnings Per Common Share Of $.27, Excluding $.04 Of Merger-Related Expense
AmeriServ Financial Inc authorised a quarterly common stock cash dividend of USD0.015 per share, the company reported on Monday. This dividend represents a 50% increase from the previous quarterly dividend and will be paid on 22 August 2016 to shareholders of record on 8 August 2016.. Also, the company said that this increased cash dividend reflects a 1.9% annual yield based on the closing common stock price of USD3.13 per share on 21 July 2016 and..."/>
AmeriServ Financial announces 50% higher dividend of USD0.015 per share for quarter
KKR & Co. L.P. Reports Second Quarter 2016 Results
Affiliated Managers Group, Inc. will report financial and operating results for the second quarter ended June 30, 2016 on Monday, August 1, 2016. A teleconference will be held at 8:00 a.m. Eastern time on the same day."/>
AMG to Announce Second Quarter Results on August 1, 2016
Provident Financial Holdings, Inc.,, the holding company for Provident Savings Bank, F.S.B., today announced fourth quarter earnings for the fiscal year ended June 30, 2016.."/>
Provident Financial Holdings Reports Fourth Quarter and Fiscal 2016 Earnings
EverBank Financial Corp announced today its financial results for the second quarter ended June 30, 2016.."/>
EverBank Financial Corp Announces Second Quarter 2016 Financial Results

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