Industry News

CIT Group Inc., today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 39 agreements in the second quarter of 2016 for the current and future leases of commercial aircraft. CIT Aerospace also delivered 26 aircraft, including new and used aircraft and lease extensions of existing fleet, to its airline customers around the world. “The continued success of CIT Aerospace in 2016 is based on our industry expertise and our ability to..."/>
CIT Aerospace Signs 39 Agreements Related to the Lease of Commercial Aircraft and Delivers 26 Aircraft in Q2 2016
WisdomTree Investments, Inc., through its subsidiaries in the U.S., Europe, Japan and Canada, is an exchange-traded fund and exchange-traded product sponsor and asset manager headquartered in New York. WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies."/>
WisdomTree ETFs Declare Distributions
Hamilton Lane Appoints Deputy General Counsel
Huntington Bancshares Incorporated today announced that Nancy E. Maloney is joining the company in September, and will assume the role of Executive Vice President, Controller following Huntington's filing of its third-quarter Report on Form 10- Q. Current Huntington Controller David Anderson has announced his intention to retire. Maloney joins Huntington from BMO Financial Group, where she served as U.S. controller and chief accountant."/>
Huntington Bancshares Names Nancy Maloney as Controller
Gladstone Commercial Corporation announced today that it redeemed all remaining 540,000 shares, or 100%, of the outstanding shares, of its 7.125% Series C Cumulative Term Preferred Stock. The shares of Series C Term Preferred Stock were redeemed at a redemption price equal to $25.09401042 per share, representing the payment of the $25.00 liquidation preference, plus accrued and unpaid dividends from and including August 1, 2016, up to and including..."/>
Gladstone Commercial Corporation Announces Redemption of its 7.125% Series C Cumulative Term Preferred Stock
China Lending Corporation, a leading non-bank direct lending corporation servicing micro, small and medium sized enterprises, currently underserved by commercial banks in China, today reported its financial results for the six-month period ending June 30, 2016.."/>
China Lending Corporation Reports 2016 Six-Month Financial Results
Sterling Bancorp, announced today that Terry O'Grady has joined as Managing Director. He will be leading the sales effort for the Asset Based Lending Group in the Midwest Region, providing asset based and commercial loans to middle market companies in the Midwest. O'Grady reflects the continued growth of Sterling's broad team-based approach to providing highly personalized services to its clients..."/>
Terry O'Grady Joins Sterling National Bank
Mogo Finance Technology Inc. announced today the launch of its new Mogo ® Account and iOS mobile app, setting a new standard for what consumers expect in a digital banking experience. With a three-minute account opening experience and instant access to three innovative products, including a free credit..."/>
Mogo Launches New Digital Account on Journey to Build the Best Digital Banking Experience in Canada
Equinix, Inc., the global interconnection and data center company, today announced the opening of its latest International Business Exchange™ data center in Sydney, known as SY4. Centrally located, the new $97 million USD facility supports the strong demand for Platform Equinix™ in Australia. Currently operating two significant data center campuses in Australia, Equinix is adding capacity to meet growing demand for..."/>
Equinix Opens New Data Center in Sydney
Northern Trust announced today that the Northern Trust Purchase Prize, an annual gift of artwork selected from EXPO CHICAGO, will be donated to the DePaul Art Museum at the fifth annual EXPO CHICAGO at Navy Pier’ s Festival Hall. As Presenting Sponsor of EXPO CHICAGO and a long-time supporter of arts and culture, Northern Trust will purchase a work of art to be added to the DePaul Art Museum’ s..."/>
Northern Trust to Donate Artwork to DePaul Art Museum
Brookfield Asset Management Inc. today announced that partnerships it manages made a distribution in-kind to, or ended voting arrangements with, institutional investors with respect to an aggregate of approximately 41 million shares of common stock and 14 million warrants to acquire shares of common stock of General Growth Properties, Inc.. The shares and warrants comprised part of the original consortium that was formed by Brookfield in 2010 to..."/>
Brookfield Asset Management Winds Up Original GGP Consortium With Approximately $10 Billion of Aggregate Gains
American Capital Ltd, Prospect Capital Corp., Waddell& Reed Financial Inc., and Janus Capital Group Inc.. As per The Boston Consulting Group's 14th annual global asset management industry report, advanced digital technologies, techniques, and data and analytics should serve as competitive advantages for asset managers as they continue to transform their operating models and..."/>
Asset Management Stocks Technical Reports -- American Capital, Prospect Capital, Waddell & Reed Financial, and Janus Capital
Apple Hospitality REIT Inc approved a regular common stock cash distribution of USD0.10 per share for September 2016, the company disclosed on Friday. Shareholders of record as of 2 September 2016 will receive the dividend payment on 15 September 2016. Based on the company's common stock closing price of USD19.88 per share on 18 August 2016, the annual distribution USD1.20 per share reflects an annual yield of about 6.0%."/>
Apple Hospitality declares distribution of USD0.10 per share for September 2016
Third Century Bancorp reported on Friday that its board of directors approved a dividend of USD0.04 per share. All shareholders of record on 15 September 2016 will be paid the dividend on 3 October 2016.. Third Century Bancorp operates as the holding company for Mutual Savings Bank that provides various banking products and services in Indiana."/>
Third Century Bancorp declares dividend of USD0.04 for share
Chesswood Group Limited announced today a cash dividend of $0.065 per share for the month of August. The dividend will be payable to shareholders of record at the close of business on August 31, 2016, and will be paid on September 15, 2016.. Chesswood Group Limited has designated its dividends as eligible dividends for the purposes of the Income Tax Act."/>
Chesswood Group Limited Announces August 2016 Dividend
GEO Group Inc declared on Friday that the Federal Bureau of Prisons has rescinded its contract modification granted earlier that extended the contract to operate the company-owned D. Ray James Correctional Facility under existing terms, until 30 September 2018.. Therefore, the company said it expects to receive a modification to operate the facility under new terms. This most recent development will be discussed on its scheduled conference call at 11:00 ET, based on..."/>
GEO Group declares change in D. Ray James Correctional Facility's contract renewal status
Wells Fargo announces preferred stock dividends on 11 series
ZAIS Financial Corp. mortgage banking subsidiary, GMFS, has executed its business continuity plan in light of the severe flooding that has occurred in southern Louisiana, the company said. The company said GMFS remains fully operational, with its systems fully functional and employees reporting to work. GMFS continues to close and sell loans, although at a reduced volume."/>
ZAIS Financial updates operations following Louisiana flooding
Sierra Bancorp has expanded the number of authorized directors on its board to 10 and approved the appointment of three new board members effective September 15, 2016, the company said. The newly appointed directors are Robb Evans, Vonn R. Christenson and Laurence S. Dutto, Ph.D., who were also appointed as directors of Bank of the Sierra by the bank's board. Sierra Bancorp is the holding company of Bank of the Sierra, a publicly traded company with approximately USD2.0 billion in..."/>
Sierra Bancorp expands board to 10 members
CommerceWest Bank has received the bank's board of directors and regulatory approval of a common stock repurchase program of up to USD3.2 million over the next 12 months, the company said. The bank said the timing of repurchases and the exact amount of common equity that may be repurchased under the new authorization will depend on various factors, including market conditions; legal and regulatory considerations; and the Bank's capital position. CommerceWest Bank is a..."/>
CommerceWest Bank approved for stock repurchase plan
Cathay General Bancorp has declared a cash dividend of USD0.18 per common share, the company said. The dividend is payable on September 12, 2016, to stockholders of record at the close of business on September 1, 2016.. Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered bank, and offering a wide range of financial services through 58 branches in the US and one in Hong Kong."/>
Cathay General Bancorp declares dividend
Popular Inc authorised a quarterly cash dividend of USD0.15 per share on the company's outstanding common stock, it revealed on Friday. Shareholders of record at the close of business on 9 September 2016 will receive the dividend payment on 3 October 2016.. Popular is a banking institution in Puerto Rico and the US."/>
Popular announces dividend of USD0.15 per share for quarter

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