Industry News

Jefferson Security Bank announced on Tuesday a half yearly dividend of USD0.50 per share, as approved by its board of directors. This dividend will be paid on 15 September 2016 to shareholders of record as of 31 August 2016. The total dividend of USD1.00 per share for 2016 represents an increase of 11% when compared to the 2015 total of USD0.90 per share."/>
Jefferson Security Bank declares half yearly dividend of USD0.50 per share
Preferred Apartment Communities, Inc. today announced that it closed on a loan investment of up to approximately $21.1 million. This investment is in connection with Bristol Development Group's plans to develop a 271- unit multifamily community located in Birmingham, Alabama. Additionally, with this investment, PAC received an option to purchase the multifamily community following stabilization at a discounted price to market."/>
Preferred Apartment Communities, Inc. Announces Investment in Birmingham, Alabama Multifamily Development
Allied World Assurance Company Holdings AG on Wednesday revealed that Jason Glasgow has been appointed vice president, practice lead of Technology, Privacy& Network Security Professional Liability for Allied World U.S. Glasgow in this position will be in charge of the strategy, management and underwriting of Allied World's U.S. Most recently, Glasgow was with Travelers where he served as vice president and Cyber Risk Product Manager."/>
Allied World North America names Jason Glasgow as head of U.S. Cyber Platform
Empire State Realty Trust Inc declared on Wednesday that an affiliate of Qatar Investment Authority has invested USD622m and acquired a 9.9% interest in the company on a fully diluted basis. QIA purchased 29,610,854 newly issued class A common shares at USD21.00 per share, equivalent to a 9.9% economic and voting interest in the company on a fully diluted basis. This QIA interest is in class A shares that reflect a 19.4% ownership of class A shares; however, it can only vote shares..."/>
Empire State Realty Trust reports USD622m investment by Qatar Investment Authority
Farmers National Banc Corp's board of directors has approved a common stock cash dividend of USD0.04 per share, the company reported on Wednesday. This dividend will be paid on 30 September 2016 to all shareholders of record on 9 September 2016.. A diversified financial services company, Farmers has banking assets of USD1.9bn and trust assets of USD1bn."/>
Farmers National Banc Corp announces dividend of USD0.04 per share
Willis Towers Watson, a leading global advisory, broking and solutions company. The survey of 967 U.S. companies also found that employers continue to reward their best performers with significantly larger pay raises as they look for ways to keep their top talent and strengthen their pay-for-performance cultures. The survey, conducted by Willis Towers Watson..."/>
U.S. companies holding the line on pay raises for 2017, Willis Towers Watson survey finds
Morguard, a North American real estate and property management company, today launched a national social cause marketing campaign called BeYou, supported by Big Brothers Big Sisters of Canada. With the goal of helping girls increase self-esteem, personal growth and self-worth, the program will be rolled out in 21 enclosed shopping centres in the Morguard owned and managed retail portfolio. The multi-faceted social cause marketing campaign is..."/>
Morguard Launches BeYou: National Retail Social Cause Marketing Campaign In Support of Helping Young Girls Increase Self-Esteem, Personal Growth and Self-Worth
First Capital Realty Inc., one of Canada's largest owners, developers and managers of grocery anchored, retail-focused urban properties, announced today that it intends to renew its normal course issuer bid for each of its outstanding series of convertible unsecured subordinated debentures. All convertible debentures purchased under the NCIB will be cancelled."/>
First Capital Realty Announces Renewal of Normal Course Issuer Bid For Convertible Debentures
Square 1 Bank Announces Credit Facility to Revionics
The Information Industry in the U.S. and Abroad
NATIONAL Grid faces an pounds sterling 18 m bill over emergency plans to keep the lights on. It paid pounds sterling 113 m to Drax and Fiddler's Ferry power stations for so-called black-start services– ensuring they could restart themselves independently if there was a catastrophic power cut. Drax was considering mothballing some of its units and Fiddler's Ferry faced closure, which would have affected black-start capability."/>
Daily Mail, London, business briefs column [Daily Mail, London]
JRP Group to set a change of direction in motion after two months of share price falls. The annuity provider had been the worst faller on the market since the EU referendum; its share price had fallen more than 40 pc from June 23 to when the FTSE opened yesterday. But a confident update helped to allay investors' fears."/>
Daily Mail, London, market report column [Daily Mail, London]
Gabelli Go Anywhere Trust announces extension of IPO
Apollo Global Management LLC have decided to further extend the offering of Apollo's cash tender offer for all of Diamond Resorts International Inc's outstanding shares of common stock, Apollo reported on Wednesday. This extension of the tender offer will be for a period of four business days and the new expiry date will be 17:00 New York City time on 30 August 2016, unless further extended. Continental Stock Transfer& Trust..."/>
Affiliates of funds managed by affiliates of Apollo Global Management extend tender offer for Diamond Resorts shares
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Daily Mail, London, City Focus column [Daily Mail, London]
Medical Properties Trust Inc reported on Tuesday that Michael G Stewart and C Reynolds Thompson III have been elected to its board of directors. Stewart is a private investor and an attorney with broad healthcare experience, while Thompson is chairman and chief investment officer of Select Strategies Realty of Cincinnati, a private real estate company specialising in retail and mixed-use properties. Also, he is a member of the board of visitors of the Culverhouse College of..."/>
Medical Properties Trust names two new board members
Kimco Realty Corp has established a redemption price of USD1, 033.90 for each USD1, 000 principal amount of its 5.70% senior notes due 2017, plus accrued and unpaid interest to the redemption date of 26 August 2016, it reported on Wednesday. This price was calculated under the terms of the indenture governing the senior notes. The company provided a notice of redemption and related materials to all senior notes holders of record on 26 July 2016 and a supplemental notice of..."/>
Kimco Realty declares redemption price of USD1,033.90 for senior notes due 2017
TCP Capital Corp. today announced the appointment of M. Freddie Reiss as an independent director. Reiss will expand TCPC's Board of Directors to seven members. Reiss will serve on the Audit Committee, Governance and Compensation Committee, and Joint Transactions Committee."/>
M. Freddie Reiss Named Independent Director At TCP Capital Corp.
Safeguard Scientifics, Inc.. For more than 60 years, Safeguard has been providing capital and operational support to entrepreneurs across an evolving spectrum of industries, according to the company's website. The video interview was recorded on Tuesday, August 9, 2016 via Skype from SNN's office in Los Angeles,..."/>
StockNewsNow.com Publishes New Video Interview with Safeguard Scientifics (NYSE: SFE)
TMX Group today announced that it is funding an independent working group, the Advancing Innovation Roundtable, which will examine ways to increase access to growth capital for companies in Canada's innovation economy. Launching in September 2016, the Roundtable will focus on the scalability issues of Canadian technology and innovation firms caused by insufficient..."/>
Unlocking Growth Opportunities for Canada's Innovation Economy

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