Industry News

BMO Introduces New Logo to Mark Bank's Bicentennial
Genworth MI Canada Inc. announced that on September 23, 2016, the Office of the Superintendent of Financial Institutions released a draft advisory for comment titled " Capital Requirements for Federally Regulated Mortgage Insurers". This draft advisory provides a new standard framework for determining the capital requirements for residential mortgage insurance companies. The proposed framework is more risk sensitive and incorporates..."/>
Genworth MI Canada Inc. Provides Primer on OSFI's Draft Advisory For The New Capital Framework For Mortgage Insurers
Southern Banc Company, Inc., the holding company for The Southern Bank Company, announced preliminary unaudited results of operations for the fourth quarter and year ended June 30, 2016:. For the three months ended June 30, 2016, the Company reported net loss of approximately $1,242,000, or$ per basic and diluted share as compared to a net loss of approximately $57,000, or$ per basic and diluted..."/>
The Southern Banc Company, Inc. Announces Preliminary Fourth Quarter Earnings
Altisource Residential Corporation announced today that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. Residential will pay this quarterly dividend on October 14, 2016 to all stockholders of record as of the close of business on October 6, 2016.. Residential is focused on providing quality, affordable rental homes to families throughout the United States."/>
Altisource Residential Corporation Announces Quarterly Cash Dividend
Freddie Mac Prices $739 Million STACR Offering
Advanced Disposal Services, a waste-collection company based in suburban Jacksonville, announced the launch of its initial public offering Monday. The company is offering 19,250,000 shares of common stock and has begun meeting with investors. Once the sales close, public grading would begin."/>
Advanced Disposal Services launches IPO, plans to raise $400 million [The Florida Times-Union, Jacksonville]
American Overseas Group Limited today reported consolidated net loss available to common shareholders of $12.1 million, or $273.96 per diluted share, for the six months ended June 30, 2016. This compares to consolidated net income available to common shareholders of $7.0 million, or $165.62 per diluted share, for the six months ended June 30, 2015.. The results for the six months ended June 30, 2016 were impacted by unrealized losses on credit..."/>
Results of Operations for the Six Months Ended June 30, 2016 - American Overseas Group Limited Announces Net Loss Of $12.1 Million and Operating Loss of $5.5 Million For The Six Months Ended June 30, 2016
Newcastle Investment Corp. today announced a new executive leadership team designed to help execute Newcastle’ s strategic priorities in its traditional golf business and Drive Shack, an innovative global golf entertainment company. The Company also announced that, on September 23, 2016, Newcastle received $110 million in repayment of a legacy real estate loan as a result of the closing of the sale of Abercrombie& Kent, the world’ s foremost luxury travel company,..."/>
Newcastle Announces New Executive Leadership Team to Accelerate Growth of Golf Business – Growth Will Be Fueled by Receipt of Approximately $110 Million Legacy Real Estate Debt Repayment
New Mountain Finance Corporation announced today that it intends to commence an underwritten offering, subject to market and other conditions, of $35 million in aggregate principal amount of additional 5.00% unsecured convertible notes due 2019. In addition, the Company expects to grant the underwriters of the Notes an option to purchase up to an additional $5.25 million in aggregate principal amount of the Notes. The Notes constitute a further issuance of, rank..."/>
New Mountain Finance Corporation Announces Offering of Additional 5.00% Convertible Notes due 2019
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."/>
Assurant Partners with GamaSec to Protect Website Owners from Cyberattack
Hope Bancorp, Inc., the holding company of Bank of Hope, today announced a branch optimization plan that includes a first phase of branch consolidations to be completed by year-end 2016, as well as expansion plans for an additional branch opening in the Houston market in the first quarter of 2017.. The first phase of branch consolidations will impact 12..."/>
Hope Bancorp Announces Branch Optimization Plan and Expansion in Houston Market
AXIS Capital Holdings Limited today announced that it expects to release financial results for the third quarter ended September 30, 2016 on Wednesday, October 26, 2016, after the close of the financial markets. Albert Benchimol, President and CEO, and Joseph C. Henry, CFO, will host an investor teleconference, including a question and answer period, on Thursday, October 27, 2016, at 10:00 a.m. to discuss the third quarter results as well as related matters."/>
AXIS Capital to Release Third Quarter Financial Results on October 26, 2016
Hannon Armstrong Sustainable Infrastructure Capital, Inc., a leading provider of debt and equity financing to the energy efficiency and renewable energy markets, is pleased to announce that Guy Van Syckle, Associate, has been awarded the Rising Star of Energy Efficiency Award from the Alliance to Save Energy, a nonprofit coalition of business, government, environmental and consumer leaders advocating for energy efficiency to achieve a..."/>
Hannon Armstrong Associate Guy Van Syckle Receives Rising Star of Energy Efficiency Award from the Alliance to Save Energy
Universal Insurance Holdings, Inc. announced today that Universal Direct SM, its Direct-to-Consumer online platform for Universal Property& Casualty Insurance Company products, is now available to homeowners in Florida, Hawaii and North Carolina. With these additions, Universal Direct SM is now available in ten states, including Delaware, Georgia, Indiana, South Carolina, Pennsylvania, Minnesota and Alabama."/>
Universal Insurance Holdings, Inc. Launches Universal Direct(SM) In Florida, Hawaii And North Carolina
Zions Bancorporation announced today that it will report its third quarter 2016 earnings results after the NASDAQ close on Monday, October 24, 2016. A conference call discussing the quarterly results will be held at 5:30 p.m. ET on the same day. Forward looking and other material information may be discussed on this conference call."/>
Zions Bancorporation To Report Third Quarter 2016 Earnings Results
ServisFirst Bancshares, Inc.,, the holding company for ServisFirst Bank, today announced it has been named to Sandler O'Neill's Sm-All Stars Class of 2016. ServisFirst was one of the twenty-seven publicly traded banks and thrifts selected among 408 depository institutions across the country with a market cap below $2.5 billion. ServisFirst has been recognized for three consecutive years for this award, which places ServisFirst in the..."/>
ServisFirst Bancshares, Inc. Earns Sandler O'Neill's Sm-All Star Award For Financial Performance
Capital One Financial Corporation will release its Third Quarter 2016 earnings results. Additionally, the company will host a conference call at 5:00 p.m. Eastern Time to review financial and operating performance for the quarter ending September 30, 2016.. The call will be webcast live and the earnings release will be available on the company's homepage at..."/>
Capital One Financial Corporation to Webcast Conference Call on Third Quarter 2016 Earnings
Nasdaq Global Market SM securities totaled 7,538,279,223 shares compared with 7,371,196,258 shares in 2,329 Global Market issues reported for the prior settlement date of August 31, 2016. The mid-September short interest represents 5.32 days average daily Nasdaq Global Market share volume for the reporting period, compared with 5.23 days for the prior reporting period.."/>
Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date September 15, 2016
BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets, today announced that it plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results by 8:00 a.m. ET on Thursday, October 27, 2016.. The advisory release will notify the public that a full-text financial results press release will be accessible at any of the following pages:."/>
BGC Partners' Third Quarter 2016 Financial Results Announcement to be Issued Prior to Market Open on Thursday, October 27, 2016
Synovus Financial Corp., appears at No. 19 on the prestigious list, which includes executives from a who's who of financial institutions-- Bank of the West, Wells Fargo, Bank of America, USAA, U.S."/>
Columbus executive graces list of '25 Women to Watch' [Columbus Ledger-Enquirer, Ga.]
Community West Bancshares,, parent company of Community West Bank, today announced its inclusion in the prestigious Sandler O’ Neill and Partners Bank and Thrift Sm-All Stars- Class of 2016. Sandler O’ Neill has identified Community West Bank as one of the top performing, publicly traded small-cap banks and thrifts in the nation. In its“ Class of 2016 Bank and Thrift Sm-All Stars” report, Sandler O’ Neill recognized Community West among the top 27 best..."/>
Community West Bancshares Named to Sandler O’Neill 2016 Bank and Thrift Sm-All Stars

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