Industry News

Tritax Big Box REIT plc has acquired the distribution centre at Kingston Park, Peterborough, let to Amazon UK Services Ltd for a purchase price of GBP 42.9 m, the company said. The price reflects a net initial yield of 5.6% on the corporate acquisition. Tritax said that the purchase is being funded from equity proceeds, with senior debt finance expected to be introduced in the near term."/>
Tritax Big Box REIT Acquires Amazon Distribution Centre in UK
First Hawaiian Bank's parent company ended up raising $557.8 million in its initial public offering. The holding company for the state's largest bank said today that underwriters have fully exercised their option to purchase an additional 3.2 million shares of the Aug. 3 offering that was priced at $23 apiece. That brings the total number shares purchased in the offering to 24.25 million shares and increases the amount raised to $557.8 million."/>
BRIEF: First Hawaiian IPO raises $557.8M as underwriters buy more shares [The Honolulu Star-Advertiser]
EZCORP Announces Third Quarter Fiscal 2016 Results
American Hotel Income Properties REIT LP reported today its financial results for the three and six months ended June 30, 2016.. SECOND QUARTER 2016 FINANCIAL HIGHLIGHTS. Funds from operations was up +37.9% to $10.5 million and adjusted funds from operations was up +38.4% to $9.3 million from the increase in the number of hotels in the portfolio, coupled with strong operating performance from effective yield management and cost controls. For the..."/>
American Hotel Income Properties REIT LP Reports Strong Second Quarter 2016 Financial Results
Enterprise Financial Services Corp. announced Tuesday that James B. Lally has been named president of the company. Lally, 48, reports to Peter Benoist, 68, who remains chief executive and has agreed to extend his term as CEO through 2017, or earlier upon the appointment of a successor. Lally, who joined Enterprise in 2003, previously served as executive vice president and head of Enterprise's fee income businesses."/>
BRIEF: James Lally named president of Enterprise Financial [St. Louis Post-Dispatch]
Gannett Co., Inc. has closed its acquisition of the outstanding shares of US-based digital services provider ReachLocal, Inc. for USD 4.60 per share in cash, via a tender offer, the company said. The offer represents a 188% premium to the unaffected closing price on Friday,..."/>
M and A Navigator: Deal pipeline –10 August
Information Services Corporation today declared a quarterly cash dividend of $0.20 per Class A Limited Voting Share. The dividend will be paid on or before October 15, 2016 to shareholders of record as of September 30, 2016.. The dividend has been designated as an eligible dividend pursuant to the Income Tax Act."/>
ISC Declares Quarterly Dividend
Information Services Corporation today reported on the Company's financial results for the second quarter ended June 30, 2016.. --Revenue of $24.7 million compared to $20.1 million in Q2 2015. The increase was largely driven by ESC, acquired on October 1, 2015, which is included in our Services segment;-- EBITDA of $10.3 million compared to $8.3 million in Q2 2015;-- EBITDA margin of 41.7 per cent compared to 41.1 per cent in Q2 2015; and-- Net income of $6.6..."/>
ISC Reports Second Quarter 2016 Financial Results
Preferred Apartment Communities, Inc. has acquired seven grocery-anchored shopping centres with an aggregate of approximately 650,400 rentable square feet located in Georgia, Florida, Texas and North Carolina for approximately USD 158 m, the company said. The acquired portfolio consists of seven properties. The price is exclusive of acquisition-related and financing-related transaction costs."/>
Preferred Apartment Communities Acquires Seven Grocery-Anchored Shopping Centres
Great Southern Bancorp, Inc., the holding company for Great Southern Bank, today announced the pricing of its public offering of $75 million aggregate principal amount of its Fixed-to-Floating Rate Subordinated Notes due August 15, 2026. Due to market demand, Great Southern increased the aggregate principal amount of the Notes to $75 million from the previously announced amount of $50 million. The Notes will initially bear interest at..."/>
Great Southern Bancorp, Inc. Announces Pricing of $75 Million Fixed-to-Floating Rate Subordinated Notes
CorEnergy Infrastructure Trust Inc. said Tuesday that it earned nearly $9 million, or 66 cents a share, in the second quarter before paying preferred dividends. Revenues in April, May and June totaled $22.6 million, largely from rents paid on properties it owns in the oil and gas transportation and storage industries. The company said acquisitions in the last year make comparisons to second-quarter results a year ago meaningless."/>
CorEnergy posts profits and updates on bankruptcies tied to tenants [The Kansas City Star]
Charles Schwab Corp. will build a $100 million, 500,000- square-foot regional campus in Westlake that ultimately will bring 1,200 jobs to North Texas within10 years. The corporate complex will anchor a mixed-use development at the intersection of Texas 114 and Texas 170, where developers also plan a hotel, retail stores and residences. Greg Abbott said Tuesday that the project will get a $6 million grant from the Texas Enterprise Fund, creating the most new jobs of..."/>
Schwab campus in Westlake will bring 1,200 jobs to North Texas [Fort Worth Star-Telegram]
Dundee Corporation is reporting its financial results for the three months ended June 30, 2016. The net loss for the second quarter of 2016 attributable to shareholders was $12.7 million or a loss of $0.25 per share, compared with a net loss of $141.3 million or $2.44 per share incurred during the second quarter of the prior year. "During the second quarter, our operating performance benefited from an increase in commodity-based metal prices, which..."/>
Dundee Corporation Reports Second Quarter 2016 Financial Results
Manhattan Bridge Capital, Inc., a real estate finance company specializing in originating, funding, servicing and managing a portfolio of short-term loans secured by first mortgage liens on real estate, today announced the pricing of an underwritten public offering of 672,269 common shares, par value $0.001 per share, at a price to the public of $5.95 per share. The gross proceeds to Manhattan Bridge Capital, Inc. from this offering are expected to be..."/>
Manhattan Bridge Capital, Inc. Prices Public Offering of 672,269 Common Shares on Tuesday offered another data point that might nudge homeowners to a lender's office: Mortgage closing costs in Florida just about match the national average. Fees on a $200,000 mortgage total $2,180 in Florida, a bit above the national norm of $2,128 but well below Hawaii's $2,655 and New York's..."/>
My closing costs are how much? Florida ranks just above US average [The Palm Beach Post, Fla.]
iStar announced today that it intends to upsize its senior secured credit facility by $50 million to $500 million. The additional debt will be issued at par. Proceeds from the upsize will be used to pay down outstanding borrowings on the Company's secured revolving credit facility."/>
IStar Announces Plan to Upsize Senior Secured Credit Facility to $500 Million
Lamar Advertising Co., the Baton Rouge-based outdoor advertising power, reported its second-quarter adjusted funds from operations jumped to $133.7 million, or $1.37 per share, compared with $118 million, or $1.22 per share, a year ago. The results easily outstripped Wall Street's expectations. Analysts surveyed by Zacks Investment Research expected adjusted funds from operations per share of $1.24."/>
BRIEF: Lamar makes second-quarter earnings leap [The Advocate, Baton Rouge, La.]
Aston Hill Financial Inc. announces it has filed its Consolidated Financial Statements for the quarter ended June 30, 2016 and related Management's Discussion and Analysis with Canadian securities regulatory authorities. "The prudence of our cost containment strategies is being validated," commented Aston Hill President and CEO James Werry. " It is positive to have increased flexibility as we work through operational improvements. ""/>
Aston Hill Announces 2016 Second Quarter Results
MetLife announced in January plans to split away from its Charlotte-based U.S. retail operations, the Observer asked the state what that would mean for the local hub. Commerce Department said it valued "the strong relationship we've built with MetLife," which was awarded more than $87 million in state incentives in 2013 to open hubs in Charlotte and Cary. Commerce also told the Observer it looked forward to continuing to build on its relationship with the New..."/>
State's comments about MetLife were drafted by ... MetLife [The Charlotte Observer]
Firsthand Technology Value Fund, Inc., a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the second quarter ended ended June 30, 2016.. As of June 30, 2016, the Fund’ s net assets were approximately $165.5 million, or $21.88 per share, compared with net assets of approximately $167.6 million, or $21.75 per share, as of March 31, 2016. As of June 30, 2016, the Fund’ s portfolio..."/>
Firsthand Technology Value Fund Announces Second Quarter 2016 Financial Results, NAV of $21.88 per share

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Consumer Discretionary600 Articles
Information Technology553 Articles
Financials470 Articles
Industrials334 Articles
Health Care328 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at