Industry News

EMPLOYERS ®, America’ s small business insurance specialist ®, has expanded access to its Injured Employee Hotline to all of its small business policyholders across the country. The service, which EMPLOYERS started pilot testing in Florida in 2014, allows employees who are injured at work to receive a professional nurse consultation by phone for no additional cost to their employers. By reducing unnecessary and costly emergency room visits or treatments by..."/>
EMPLOYERS® Expands Access to Injured Employee Hotline to All Policyholders
Heritage Financial Corporation anticipates issuing its third quarter 2016 earnings release on Thursday, October 27, 2016 before the market opens. The Company has scheduled a telephone conference call to discuss the third quarter 2016 earnings on Thursday, October 27, 2016 at 11:00 a.m. Pacific time. The conference call will be recorded and will be available approximately two hours after the live conference call for replay twenty-four..."/>
Heritage Financial Announces Earnings Release Date and Conference Call
CNB Financial Corporation today announced that it has completed a private placement of $50 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain qualified investors. Unless earlier redeemed, the Notes mature on October 15, 2026. The Notes will initially bear interest at a fixed rate of 5.75% per annum, payable semi-annually in arrears, to, but excluding, October 15, 2021, and thereafter to, but excluding, the..."/>
CNB Financial Corporation Announces Closing of $50 Million of Fixed-to-Floating Rate Subordinated Notes
SunTrust Banks, Inc. is scheduled to make a presentation at the BancAnalysts Association of Boston Conference in Boston on Friday, November 4, 2016.. About SunTrust Banks, Inc. SunTrust Banks, Inc. is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. Headquartered in Atlanta, the Company has three business segments: Consumer Banking and Private Wealth Management,..."/>
SunTrust to Present at the BancAnalysts Association of Boston Conference
Marsh & McLennan Agency Acquires Vero Insurance
State Street Global Advisors, the asset management business of State Street Corporation, today released findings of its fourth annual global retirement confidence survey. The survey found that confidence remained relatively stable in 2016, and is higher than what was reported in 2013."/>
State Street Global Advisors’ Retirement Confidence Survey Highlights Global Differences in Participants’ Financial Wellbeing
Affiliated Managers Group, Inc.' s US-based AMG Funds US retail distribution arm has renamed the mutual funds offered by Aston Asset Management, LLC under the AMG Funds umbrella effective at the start of trading on 3 October, the firm said on Tuesday. The renaming of 20 Funds completes the integration of Aston and AMG Funds that began in early 2016.. Investors in this consolidated family of funds will now have a single point of access to the full..."/>
AMG Funds Completes Integration of Aston Funds
BlackRock, Inc. today announced that it will report third quarter 2016 earnings prior to the opening of the New York Stock Exchange on Tuesday, October 18, 2016. Chairman and Chief Executive Officer, Laurence D. Fink, and Chief Financial Officer, Gary S. Shedlin, will host a teleconference call for investors and analysts at 8:30 a.m. ET. BlackRock’ s earnings release and supplemental materials will be available via the investor relations section of,..."/>
BlackRock to Report Third Quarter 2016 Earnings on October 18th
Voya Prime Rate Trust announced on Tuesday a monthly dividend of USD0.2065 per share for the 30 days of September 2016.. This 341st consecutive monthly dividend will be paid on 24 October 2016 to shareholders of record on 11 October 2016.. The trust was incorporated in May 1988 and is based in Scottsdale, Arizona."/>
Voya Prime Rate Trust announces dividend of USD0.0265 per share for September 2016
CBOE Holdings, Inc. reported today that September average daily volume for options contracts traded on Chicago Board Options Exchange ® and C2 Options Exchange, and futures contracts traded on CBOE Futures Exchange was 5.1 million contracts, an increase of 25 percent from August 2016 and 3 percent from September 2015.. Index options traded at CBOE and C2 had an ADV of 1.8 million contracts, up 24 percent from August 2016, with S&P 500 ® Index..."/>
CBOE Holdings Reports September 2016 Trading Volume
Fifth Third Bancorp announced today that Reuben Rashty has been named senior vice president, managing director, Private Bank and executive director of Mirador Family Wealth Advisors. He will report to Phil McHugh, executive vice president and head of Fifth Third Wealth and Asset Management."/>
Reuben Rashty Named Managing Director of Fifth Third Private Bank in Michigan
Microsoft says it has spent $1 billion on data centers and other cloud-computing infrastructure in Europe during the past year and pledged to keep investing there, more evidence of the escalating arms race with and others to build a worldwide network of on-demand computing tools. Microsoft and Amazon are each spending billions of dollars a year to build, buy and lease giant warehouses full of servers to rent out processing power and data storage."/>
In global cloud arms race, Microsoft spends $1 billion in Europe in past year [The Seattle Times]
Thomson Reuters. The money raised through equity sales by Indian companies is the lowest for the first nine months since 2008, when they raised $6.6 billion in January-September. In the first nine months of 2015, Indian companies raised $17 billion through..."/>
January-September equity sales at lowest since 2008 [Mint, New Delhi]
Cabela's Inc. for $5.5 billion, which includes debt, the two companies announced Monday. The privately-held, Springfield, Mo.-based Bass Pro also announced it is hiring Capital One to take over the Cabela's branded credit card. All Cabela's CLUB points will remain for customers to ensure a "seamless transition," the companies stated in a release."/>
Cabela's sold to rival Bass Pro for $5.5 billion [Billings Gazette, Mont.]
Ally Financial Inc. has scheduled the release of its third quarter financial results for Wednesday, Oct. 26, 2016. The press release will be issued at 7:30 a.m. EDT via PR Newswire and on the Ally Media Center website. Ally will host a conference call at 9:00 a.m. EDT to review the company's performance."/>
Ally Financial Schedules Release of Third Quarter 2016 Financial Results
LendingTree ®,..."/>
LendingTree Study: Crippling Effects of Student Debt Extend Beyond Millennials

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