Industry News

OFG Bancorp today announced that its Board of Directors declared the following regular quarterly cash dividends on its preferred stock for the third quarter ending September 30, 2016:. $21.875 per share on its 8.750% Non-Cumulative Convertible Perpetual Preferred Stock, Series C $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D. Preferred stock dividends are payable on October 17, 2016, to holders of record on..."/>
OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends
OFG Bancorp today announced that its Board of Directors declared a regular quarterly cash dividend of $0.06 per share on its common stock for the third quarter ending September 30, 2016.. The dividend is payable on October 17, 2016, to holders of record on September 30, 2016 with an ex-dividend date of September 28, 2016.. “The declaration of a dividend on the common stock reflects the solid results in recent quarters while recognizing that despite some..."/>
OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend
Nasdaq Global Market SM securities totaled 7,501,329,605 shares compared with 7,662,477,758 shares in 2,335 Global Market issues reported for the prior settlement date of July 29, 2016. The mid-August short interest represents 4.37 days average daily Nasdaq Global Market share volume for the reporting period, compared with 5.06 days for the prior reporting period.."/>
Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date August 15, 2016
GSV Capital Corp., today announced an adjustment to the conversion rate of its 5.25% Convertible Senior Notes due 2018. The adjustment to the Convertible Senior Notes was made as a result of the cash dividend declared by the Company’ s Board of Directors on August 3, 2016, which is payable on August 24, 2016 to the Company’ s stockholders of record as of the close of business on August 16, 2016.. As a result of the dividend, effective after the close of business..."/>
GSV Capital Corp. Announces Adjustment to Conversion Rate of 5.25% Convertible Senior Notes Due 2018
United Security Bancshares, Inc. announced that the Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.02 per share. The dividend is payable on October 3, 2016 to shareholders of record at the close of business on September 9, 2016.. “Our Board of Directors is pleased to pay a quarterly cash dividend to our shareholders,” stated James F. House, President and CEO of United Security Bancshares, Inc.“ We will continue to..."/>
United Security Bancshares, Inc. Declares Cash Dividend
U.S. Bancorp's financial performance and corporate strategies."/>
U.S. Bancorp to Host Investor Day
Stearns Lending Restructures Management [Mortgage Daily]
Paz Oil Company Ltd. to comply with the requirements of the Concentration Law. Paz today reported that it has received permission from Prime Minister Benjamin Netanyahu and Minister of Finance Moshe Kahlon to sell its stake. Bino required such permission because Paz also owns the Ashdod Oil Refinery, which is considered a national strategic asset."/>
BRIEF: Zadik Bino readies to sell Paz stake [Globes, Tel Aviv, Israel]
Travelers Companies, Inc., is scheduled to speak at the Barclays Global Financial Services Conference in New York City on Tuesday, Sept. 13, 2016, at 8:15 a.m. ET. A live audio webcast of the event will be available on the investor section of the Travelers website at A replay will be available on the same site for 90 days."/>
Travelers CEO to Speak at the Barclays Global Financial Services Conference
Pinnacle Bancshares, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share. The dividend is payable September 16, 2016 to stockholders of record on September 6, 2016. The quarterly amount is equivalent to an annualized rate of $0.44 per share."/>
Pinnacle Bancshares Declares $0.11 Per Share Quarterly Cash Dividend
QNB Corp., parent company of QNB Bank, at a regular meeting on August 23, 2016 declared a quarterly cash dividend of $0.30 per share. The cash dividend is payable on September 30, 2016 to shareholders of record September 16, 2016.. QNB Corp. offers commercial and retail banking services through the 11 banking offices of its subsidiary, QNB Bank."/>
QNB Corp. Declares Dividend
TowneBank Announces Quarterly Cash Dividend
Rifco Inc., issued 17- Aug-2016 by Sym-Tech Inc. over CNW, the stock symbol for Rifco Inc. is now included. The complete, corrected release follows:. Sym-Tech Inc. Announces Acquisition of Shares in Rifco Inc.
/C O R R E C T I O N from source -- Sym-Tech Inc./
Infinity Property and Casualty Corporation, today announced Mr. James R. Gober, Chairman, President and CEO, Mr. Rob Bateman, EVP and CFO, and Mr."/>
Infinity Property and Casualty Corporation to Present at the 2016 Keefe, Bruyette & Woods Insurance Conference
Home Capital Group Inc. and its federally regulated lending subsidiary, Home Trust Company, today provided a statement on loan sales practices following a recent report published on an investing web site. Home Trust, in the normal course of its business, from time to time sells loans to third parties, when loans require work-outs or restructurings. All loans sold to third parties are accounted for, with any losses reflected in write-offs for the related..."/>
Home Capital Statement on Loan Sales Practices
Nasdaq MarketSite in Times Square to raise awareness for the tens of thousands of Americans impacted by historic flooding in Louisiana, the worst natural disaster in the US since Superstorm Sandy. More than 1900 Red Cross workers are on the ground in Louisiana now providing shelter, food and comfort, and will continue to be there in the weeks and months ahead, helping residents recover from this devastating disaster."/>
American Red Cross to Ring the Nasdaq Stock Market Opening Bell

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