Industry News

Bank of India on Monday stated that India's growth prospects in financial year 2016-17 are somewhat brighter than what they were in 2015-16, primarily due to better monsoon, as well as due to better money in the hands of government employees owing to the seventh pay commission. "A virtuous cycle of growth is possible, reinforced by anticipation of the coming benefits from reforms like the recently passed Goods and Services Tax legislation in Parliament,"..."/>
RBI's FY16 annual report: Five key takeaways [Mint, New Delhi]
Yes Bank launched unified payments interface based payments app on Monday. PhonePe allows users to link their bank accounts securely to their smartphone using National Payments Corporation of India's encrypted libraries."/>
Flipkart's PhonePe ties up with Yes Bank to launch UPI-based app [Mint, New Delhi]
Nam Tai Property Inc disclosed on Monday that it signed a non-binding strategic cooperation agreement with China Construction Bank Corporation, Shenzhen Branch on 18 August 2016.. China Construction Bank is a state-owned commercial bank and under the agreement, will finance the company with a USD750m revolving credit loan in the next five years, to support its construction costs in the land development projects. Nam Tai engages in the property development and management..."/>
Nam Tai Property signs strategic cooperation agreement with China Construction Bank Corporation's Shenzhen branch
Aflac, the leading provider of voluntary insurance at the worksite in the United States, today announced that the company has been named one of LATINA Style's 50 Best Places for Latinas to Work for in the United States. The 2016 recognition marks a consecutive decade and 17 years overall that Aflac has received recognition on the prestigious list. Aflac will be featured in the August issue of LATINA Style Magazine for its dedicated effort to..."/>
Aflac Named to LATINA Style's List of 50 Best Places for Latinas to Work for
Heritage Global Partners, a worldwide leader in asset advisory and auction services and a subsidiary of Heritage Global Inc., today announced it will manage an upcoming global online sale featuring the late model high-tech automated palletizing robots of R.J. Reynolds Tobacco Company beginning August 29, 2016.."/>
Heritage Global Partners to Manage Global Online Sale of Surplus Automated Palletizing Lines for R.J. Reynolds Tobacco Company Beginning August 29th
Allstate Corporation today declared approximately $29.1 million in aggregate dividends on five series of preferred stock for the dividend period from July 15, 2016 through October 14, 2016. All the preferred dividends are payable in cash on October 17, 2016 to stockholders of record at the close of business on September 30, 2016, as follows:. The Allstate Corporation is the nation's largest publicly held personal lines insurer,..."/>
Allstate Announces Preferred Stock Dividends
State Street Global Advisors, the asset management business of State Street Corporation, on Friday announced changes to the name and index of its SPDR Russell Small Cap Completeness ETF. Accordingly, as of 31 August 2016, the fund will be renamed the SPDR S&P 1000 ETF and begin tracking the S&P 1000 Index, although its annual gross expense ratio at 0.10% will not change and therefore, shareholders need not take any action to effect these mentioned changes. The company also stated..."/>
State Street Global Advisors declares name and index changes for SPDR lineup
Omnicell, Inc., a leading provider of medication automation, supply management and medication adherence solutions for healthcare settings, will visit the Nasdaq MarketSite in Times Square. In honor of Omnicell’ s 15th Nasdaq Listing Anniversary, Randall A. Lipps, Chairman, President, Chief Executive Officer, and Founder, will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Omnicell, Inc. (Nasdaq: OMCL) to Ring The Nasdaq Stock Market Opening Bell
Morgan Stanley, will speak at the Barclays Global Financial Services Conference in New York on Monday, September 12, 2016 at 2:45 p.m.. Both live and on-demand versions of the webcast will be available on www.morganstanley.com in the Investor Relations section. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management..."/>
Jonathan Pruzan to Speak at the Barclays Global Financial Services Conference
Ekso Bionics Holdings, Inc., a robotic exoskeleton company, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Tom Lobby, President and CEO, will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) to Ring The Nasdaq Stock Market Closing Bell
Moody's Investors Service has downgraded the corporate family rating and senior secured ratings of Delhi International Airport Pvt. Ltd's to Ba2 from Ba1. The ratings outlook is stable, the rating agency said in a statement on Monday."/>
Moody's lowers Delhi airport's credit rating to Ba2 [Mint, New Delhi]
MediaTek Inc., Temasek Holdings Pte and Goldman Sachs Group Inc., according to three people close to the development. Taiwan's Foxconn and Singapore's sovereign fund GIC Pte are also likely to participate in the latest round, besides existing investors Alibaba Group and SAIF Partners, the people..."/>
Paytm parent in talks to raise funds at $5?billion valuation [Mint, New Delhi]
Citizens Holding declares cash dividend
OFG Bancorp has declared regular quarterly cash dividends on its preferred stock for the third quarter ending September 30, 2016 of USD21.875 per share on its 8.750 percent non-cumulative convertible perpetual preferred stock, Series C, the company said. The board declared a USD0.4453125 per share dividend on its 7.125 percent non-cumulative perpetual preferred stock, Series D. Preferred stock dividends are payable on October 17, 2016, to holders of..."/>
FG Bancorp declares Q3 2016 preferred stock cash dividends
Pinnacle Bancshares, Inc. has approved a quarterly cash dividend of USD0.11 per share, the company said. The dividend is payable September 16, 2016 to stockholders of record on September 6, 2016. The quarterly amount is equivalent to an annualized rate of USD0.44 per share."/>
Pinnacle Bancshares declares quarterly cash dividend
Jefferson Security Bank has approved a semi-annual dividend in the amount of USD0.50 per share, the company said. The dividend is payable on September 15, 2016 to shareholders of record on August 31, 2016. This represents an increase of 11 percent when comparing the total dividend for 2016 of USD1.00 per share to the total for 2015 of USD0.90 per share."/>
Jefferson Security Bank declares semi-annual dividend payment
TFS Financial Corporation, the holding company for Third Federal Savings and Loan Association of Cleveland has declared a quarterly cash dividend of USD0.125 per share, the company said. The dividend is payable on September 19, 2016 to stockholders of record on September 6, 2016.. Third Federal Savings and Loan Association of Cleveland, MHC, the mutual holding company of the Company and owner of 227,119,132 shares, or 80 percent of the Company's common..."/>
TFS Financial declares dividend
First Keystone Corporation has declared a USD0.27 per share quarterly cash dividend, the company said. The dividend is payable on September 30, 2016 to shareholders of record as of September 15, 2016.. First Keystone Community Bank is a subsidiary of First Keystone Corporation."/>
First Keystone declares Q3 2016 dividend
Citizens Financial Group, Inc. has declared a semi-annual dividend on CFG's 5.500 percent fixed-to-floating non-cumulative perpetual preferred stock, Series A, the company said. A dividend of USD27.50 per share is payable on October 6, 2016 to shareholders of record at the close of business on September 21, 2016.. Citizens Financial Group, Inc. is a financial institution headquartered in Providence, Rhode Island with USD145.2 billion in assets as of..."/>
Citizens Financial declares semi-annual dividend on preferred stock

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