Industry News

Industrial Alliance Insurance and Financial Services Inc.. The outlook assigned to this Credit Rating is stable, which is consistent with the outlook for the existing ratings of IA and its core operating insurance subsidiaries. The proceeds from the debt offering will be added to IA's capital base and be utilized for general..."/>
A.M. Best Assigns Issue Credit Rating to Industrial Alliance Insurance and Financial Services Inc.’s New Subordinated Debentures
Fifth Third Bancorp is scheduled to report third quarter 2016 financial results on October 20, 2016. The earnings release will be available at www.53.com at approximately 6:30 AM ET. The Company will host a conference call at 9:00 AM ET to discuss results."/>
Fifth Third Bancorp to Announce Third Quarter 2016 Results, Host Conference Call on October 20, 2016 at 9:00 AM
WSFS Financial Corporation, the parent company of WSFS Bank, today announced that Rodger Levenson, Executive Vice President, Chief Corporate Development Officer and Dominic C. Canuso, Executive Vice President and Chief Financial Officer, will be meeting with analysts and investors at the FIG Partners 12 th Annual Bank CEO Forum on September 19 and 20, 2016 in Atlanta, GA.. Presentation Materials: 2 Q 2016 Investor Presentation slides will be included..."/>
WSFS to Present at the FIG Partners 12th Annual Bank CEO Forum
Encore Capital Group, Inc., an international specialty finance company, today announced it will hold its fourth annual Global Volunteer Day on Saturday, Sept. 17, 2016 in San Diego, CA, Phoenix, AZ, Troy, MI, Roanoke, VA, St. Cloud, MN, Tampa, FL, Houston, TX, as well as sites in Costa Rica, India and Puerto Rico when an estimated 350 employees will volunteer personal time to give back to their communities.. Encore employees across the United States will build sustainable..."/>
Encore Capital Group pledges $55,000 and an estimated 350 volunteers to support local communities through 4th Annual Global Volunteer Day
T. Rowe Price Group Inc. will hold its first community shred event, intended to teach people how to dispose of sensitive documents without compromising their personal information. The free event takes place from 8 a.m. to 11 a.m. Saturday at the T. Rowe Price Owings Mills Financial Center, located at 4515 Painters Mill Rd. in Owings Mills."/>
BRIEF: T. Rowe Price to hold document shredding event [The Baltimore Sun]
Morningstar, Inc., a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund asset flows for August 2016. Assets continued to exit active U.S.-equity funds, with an estimated $25.4 billion in outflows in August, though down from July's $32.9 billion. Passive U.S.-equity funds persisted in attracting investor money, with an estimated inflow of $16.4 billion in August, about half..."/>
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for August 2016
Encore Capital Group, Inc., an international specialty finance company, announced that Vice President and Chief Compliance Officer Doris Hektor and Director, Corporate Compliance LeeSa Geelhood will join Consero’ s 2016 Corporate Compliance& Ethics Forum to be held Sept. 18-20 in Newport Beach, CA. Both will serve as panelists: Hektor on Developing A Compliance& Ethics Function That Meets The Needs Of The Future; Geelhood on Middle Managers: The Vital Link..."/>
Encore Capital Group Represented at Consero 2016 Corporate Compliance & Ethics Forum
Callidus Capital Corporation is pleased to announce that, in accordance with its previously announced dividend policy, the Company will pay a monthly eligible dividend of $0.0833 per common share of the Company to holders of Common Shares of record on September 30, 2016. The dividend will be paid on or before October 20, 2016.. The Company's dividend policy, previously completed and proposed normal course issuer bids, and its current substantial..."/>
Callidus Capital Corporation Declares Monthly Dividend
Lazard Global Total Return and Income Fund, Inc. has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.07948 per share on the Fund’ s outstanding common stock. The distribution is payable on October 24, 2016 to shareholders of record on October 13, 2016. The ex-dividend date is October 11, 2016.."/>
Lazard Global Total Return and Income Fund Declares Monthly Distribution
Lazard World Dividend& Income Fund, Inc. has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.05737 per share on the Fund’ s outstanding common stock. The distribution is payable on October 24, 2016 to shareholders of record on October 13, 2016. The ex-dividend date is October 11, 2016.."/>
Lazard World Dividend & Income Fund Declares Monthly Distribution
Chubb has added a suite of new coverages to its specialized clean tech industry insurance program. The Clean Tech Sustainability Suite provides essential protection for firms conducting research and development and can help clean tech firms rebuild "green" in the case of a property loss. "Chubb's Clean Tech Sustainability Suite responds directly to the priorities of today's clean tech companies," said Christi Edwards, North America Clean Tech..."/>
Chubb Helps Clean Tech Companies Rebuild 'Green' After a Loss, Launches New 'Sustainability Suite' of Coverages
Webster Financial Corporation, the holding company for Webster Bank, N.A., announced today the following details for its third quarter 2016 earnings release and conference call:. About Webster Webster Financial Corporation is the holding company for Webster Bank, National Association. With $25.1 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 176..."/>
Webster Financial Corporation Announces Third Quarter 2016 Earnings Release and Conference Call
Everbridge, a global software company that provides critical communications and enterprise safety applications to help keep people safe and businesses running during critical events, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering on The Nasdaq Stock Market.. A photo accompanying this announcement is available at..."/>
Nasdaq Welcomes Everbridge (Nasdaq: EVBG) to The Nasdaq Stock Market
ITT Educational Services Inc. voluntarily ceased operations as its financial condition became untenable. Before that, though, the government made it impossible for ITT to do business, and then washed its hands, basically saying, "we'll see what happens," while knowing exactly what was going to happen."/>
The Indianapolis Star James Briggs column [The Indianapolis Star]
PHI Group, a U.S. diversified holding company engaged in mergers and acquisitions, announced today that shareholders of the previously announced South African target company, representing 77% of the total issued share capital and its major lenders, have approved PHI Group’ s revised offer to acquire the TARGET. Majority shareholders agreed to exchange their shares for PHI Group’ s stock, which will have been dually-listed on the Johannesburg Stock..."/>
Majority Shareholders and Lenders of South African Target Company Approve PHI Group’s Revised Offer  

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