Industry News

OFG Bancorp will report third quarter 2016 financial results Friday, October 21, 2016 before the market opens and hold its conference call later that morning at 10:00 AM ET. The call will be accessible live via a webcast on OFG’ s website at A replay will be available shortly thereafter."/>
OFG Bancorp to Report 3Q16 Results and Hold Conference Call on Friday, October 21, 2016
Daily Mail, London, market report column [Daily Mail, London]
Daily Mail, London, Alex Brummer column [Daily Mail, London]
National Grid's gas distribution network– worth an estimated pounds sterling 6 bn. Billionaire tycoon Li Ka-shing will battle against a rival Chinese consortium, as well as a New York private equity firm, a group of Chinese investors and a German-owned investment company for the key assets of National Grid. The firm put the' for sale' sign up over the gas pipe in February, revealing it would sell at..."/>
Hong Kong's richest man bids pounds sterling 6 billion for UK gas network [Daily Mail, London]
AXIS Capital Holdings Limited declared on Friday that Michiko Kurahashi takes over as chief marketing officer and Joe Cohen as chief communications cfficer. In these roles, Kurahashi and Cohen will collaborate to build an integrated marketing communications function and elevates the AXIS brand and strengthen its clients, partners and employees relationships. Kurahashi will work closely with its three business units, AXIS Insurance, AXIS Reinsurance and AXIS Accident&..."/>
Axis Capital names Michiko Kurahashi and Joe Cohen as CMO and CCO
West Bancorporation, Inc., parent company of West Bank, will report its results for the third quarter of 2016, on Thursday, October 27, 2016 before the markets open.. The Company will discuss its results in a conference call scheduled for 10:00 a.m. Central Time on Friday, October 28, 2016. The telephone number for the conference call is 888-339-0814. A recording of the call will be available until November 11, 2016, by dialing 877-344-7529. The..."/>
West Bancorporation, Inc. to Announce Quarterly Results, Hold Conference Call
Home BancShares, Inc., parent company of Centennial Bank, announced today the pricing of the previously announced underwritten secondary offering of 2,650,000 shares of common stock offered by its Chairman, John Allison, at a price per share to the public of $22.00.. The Company is not selling any shares in the offering and will not receive any of the proceeds from the offering. Stephens Inc. is serving as sole book-running manager for the offering."/>
Home BancShares, Inc. Announces Pricing of Secondary Offering by Selling Shareholder
Cowen Group, Inc. today announced that Cowen Prime Services LLC, the prime services division of Cowen, has been named Best North American Prime Broker at the 2016 Hedgeweek USA Awards. The award is based on a peer review system whereby Hedgeweek’ s readers, including institutional and high net worth investors, hedge fund managers and other industry professionals at fund administrators, prime brokers,..."/>
Cowen Prime Services Wins Hedgeweek USA Award 2016
Intrexon Corporation, a leader in the engineering and industrialization of biology to improve the quality of life and health of the planet, today announced it has entered into Exclusive Channel Collaborations with two startups backed by the Harvest Intrexon Enterprise Fund, sponsored by Harvest Capital Strategies, LLC. Through Intrexon's proprietary ActoBiotics™ Lactococcus lactis platform, these companies will pursue new..."/>
Intrexon to Develop Disease-Modifying Therapies in New Collaborations with Harvest Intrexon Enterprise Fund
Fairfax Financial Holdings Limited announces today that the Toronto Stock Exchange accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares, Cumulative 5- Year Rate Reset Preferred Shares, Series C, Cumulative Floating Rate Preferred Shares, Series D, Cumulative 5- Year Rate Reset Preferred Shares, Series E, Cumulative Floating Rate Preferred Shares, Series F, Cumulative 5- Year Rate..."/>
Fairfax Financial Holdings Limited: Intention to Make A Normal Course Issuer Bid for Subordinate Voting Shares and Preferred Shares
Aon plc, and Briotix, Inc., provider of human performance solutions, have formed a strategic alliance to offer a comprehensive suite of ergonomic services and solutions to help clients across industries elevate productivity, facilitate risk and injury reduction, and promote excellence throughout their operations across..."/>
Aon Global Risk Consulting and Briotix Form Strategic Alliance To Deliver Suite of Ergonomics Solutions on a Global Scale
AXIS Capital Holdings Limited authorised a quarterly dividend of USD0.35 per share on the company's common stock, it disclosed on Friday. This dividend will be paid on 17 October 2016 to the shareholders of record at the close of business on 3 October 2016.. Additionally, the board approved a dividend of USD0.429688 and USD0.34375 per share on the company's series C 6.875% and series D 5.5% preferred share, respectively."/>
AXIS Capital announces common and preferred stock dividends for quarter
First Bancorp, the parent of First National Bank, revealed on Friday that its board of directors authorised a third-quarter dividend of USD0.23 per share. This dividend equals an annual dividend of USD0.92 per share that translates into a yield of 3.91% based on the 21 September 2016 closing price of USD23.50 per share. It will be paid on 28 October 2016 to shareholders of record as of 5 October 2016 and is unchanged from that paid in the past quarter."/>
First Bancorp announces dividend of USD0.23 per share for quarter
Prosafe SE at a price of NOK 0.53 per share. After the transaction, Frode Ravndal owns 0 shares in Prosafe SE. Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels."/>
Prosafe SE : Mandatory notification of trade
Santander Consumer USA Holdings Inc. today announced that it will be restating financial statements and associated disclosures for the full years 2013, 2014 and 2015, and the quarters within 2014 and 2015, as well as the first quarter of 2016, due to errors identified in the financial statements for each of those periods. The Audit Committee of the Company's Board of Directors has concluded these financial statements and disclosures should..."/>
Santander Consumer USA Holdings Inc. Provides Update on Filings
Capitala Finance Corp reported on Thursday that it will pay normal distributions of USD0.13 per share for the fourth quarter of 2016, as approved by its board of directors. All shareholders of record date on 21 October, 21 November and 21 December 2016 will receive the payments on 28 October, 29 November and 29 December 2016.. Also, the company said that it has adopted an opt-out distribution reinvestment plan that provides for reinvestment of distributions automatically in..."/>
Capitala Finance declares distributions of USD0.13 per share for Q4 2016
Harley-Davidson Fat Boy in Terminator is probably etched in the memory of every bike lover in the world. Luxury bikes have caught the imagination of many for years, and the craze is now spreading to India. Harley-Davidson and Triumph Motorcycles are cashing in on this demand."/>
More and more Indians upgrading to costly foreign bikes [Hindustan Times, New Delhi]
Nasdaq MarketSite in Times Square in celebration of its initial public offering. In honor of the occasion, Guosheng Qi, Chairman and Chief Executive Officer, will ring the Closing Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Gridsum Holdings, Inc. (Nasdaq: GSUM) to Ring The Nasdaq Stock Market Closing Bell
Apptio, Inc., the leading provider of cloud-based Technology Business Management software, will visit the Nasdaq MarketSite in Times Square in celebration of its initial public offering. In honor of the occasion, Sunny Gupta, Co-Founder& CEO, will ring the Opening Bell. Where: Nasdaq MarketSite– 4 Times Square– 43 rd& Broadway– Broadcast Studio."/>
Apptio, Inc. (Nasdaq: APTI) to Ring The Nasdaq Stock Market Opening Bell

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