Industry News

Philippine Stock Exchange could help step up infrastructure building and boost growth in the construction industry substantially in the next five years with increased available funding, Fitch-owned BMI Research said. "We believe the government's proposal to ease the regulations for companies to list major public-private partnership infrastructure projects on the Philippine..."/>
Construction may grow 8% a yr if PPP listed -- BMI [The Manila Times, Philippines]
Kingfisher Airlines Ltd on Friday in which the grounded carrier sought to make amendments to an original application and press a counterclaim seeking Rs.3, 000 crore in damages from a consortium of creditors. Kingfisher counsel had presented their arguments on 5 July, but the tribunal had reserved its order to either admit or dismiss the application."/>
Debt tribunal dismisses Kingfisher Airlines application [Mint, New Delhi]
Do smartphones hurt productivity? [The Baltimore Sun]
EZCorp Inc. saw its stock price surge on Thursday and Friday after the company announced that it was selling off one of its divisions. EZCorp's shares closed Friday at $8.97, a 17.4 percent increase over its Wednesday closing price of $7.64 percent. The company saw a one-day surge of 16.5 percent on Thursday, the day after it announced it was selling Grupo Finmart, its Mexico City-based payday lending business."/>
Austin-based EZCorp Inc. sees stock price surge [Austin American-Statesman]
Chicago Tribune Gail MarksJarvis column [Chicago Tribune]
Sierra Bancorp, the holding company of Bank of the Sierra, announced today the completion of its acquisition of Coast Bancorp of San Luis Obispo County, California through the merger of Coast Bancorp with and into Sierra Bancorp. Pursuant to the terms of the acquisition agreement dated January 4, 2016, Coast Bancorp shareholders received aggregate merger consideration of approximately $13.5 million, payable $3.3 million in cash..."/>
Sierra Bancorp Completes Acquisition of Coast Bancorp of San Luis Obispo County
Syncora Holdings Ltd. today announced that it has posted additional information that it is making available to certain Syncora Guarantee Inc. surplus noteholders and SHL preferred holders, in connection with the Company's previously announced restructuring transaction, on the Company's home page at About Syncora Holdings Ltd. Syncora Holdings Ltd. is a Bermuda-domiciled holding company. Inc. and Syncora Guarantee..."/>
Syncora Holdings Ltd. Makes Additional Information Available On Its Website
LendingClub Corporation, if they purchased the Company's securities pursuant or traceable to the company's initial public offering or between December 11, 2014 and May 6, 2016, inclusive. This action is pending in..."/>
Ambac Financial Group, Inc., if they purchased the Company's securities between November 13, 2013 and June 30, 2015, inclusive. This action is pending in the United States District Court for the Southern District of New York."/>
Syncora Holdings US Inc., a wholly-owned subsidiary of Syncora Holdings Ltd., today announced that on July 8, 2016, it commenced private offers to exchange up to $55,164,182 of Syncora Guarantee Inc.' s outstanding 6% Surplus Notes due 2024 and up to $14,835,818 of SGI's outstanding 5% Surplus Notes due 2011 for the consideration set forth in the table below. The Existing Short-Term Surplus Notes and the Existing Long-Term Surplus Notes are..."/>
Syncora Holdings US Inc. Announces Private Exchange Offers For Syncora Guarantee Inc.'s Outstanding 6% Surplus Notes Due 2024 and 5% Surplus Notes Due 2011 and Syncora Holdings Ltd. Announces Special General Meeting of Preferred Shareholders
Nasdaq today announced that Microchip Technology Incorporated, will become a component of the NASDAQ-100 Index ® and the NASDAQ-100 Equal Weighted Index prior to market open on Monday, July 18, 2016. Microchip Technology Incorporated will replace Endo International plc in the indexes.. Microchip Technology Incorporated is headquartered in Chandler, Arizona, and has a market capitalization of approximately $10.8 billion."/>
Microchip Technology Incorporated to Join the NASDAQ-100 Index Beginning July 18, 2016
Chimerix was on the fast track. It had received federal approval to test its experimental drug on Ebola-infected patients in Europe and the United States. Then last year, Chimerix was on the brink of getting that same antiviral drug, brincidofovir, accepted in the national stockpile to protect Americans against bioterror threats."/>
Chimerix pins hopes on smallpox antidote [The News & Observer (Raleigh, N.C.)]
Triumph Bancorp, Inc. today announced that it expects to release its 2016 second quarter financial results July 26, 2016 after the close of business. Upon filing, the financial results will be available on the Company’ s website at through the Investor Relations portal.. Aaron P. Graft, vice chairman and CEO, and Bryce Fowler, CFO, will review the quarterly results in a conference call for investors and analysts beginning at 8:30 a.m. CDT..."/>
Triumph Bancorp Announces Schedule for Second Quarter 2016 Earnings Release and Conference Call
Grayson Bankshares, Inc. have closed their merger, the banks said. The deal, which was agreed last November, is worth around USD 30 m. With the completion of the merger, the subsidiary banks of Bank ofFloydand Grayson National Bank are now combined into one national bank regulated by the Office of the Comptroller of the Currency."/>
Virginia, US Bank Holding Companies Cardinal Bankshares, Grayson Close USD 30m Merger
Sears, one of the original stores of the Danbury Fair mall, has recently completed a renovation and is open for business with a more modern look and single-level layout. Sears formerly occupied two floors at the mall, but has leased its 70,000- square-foot second floor to the European fashion store Primark. Sears, which was part of the mall when it opened in October 1986, now takes up 58,123 square feet on the first level."/>
Renovation gives Sears a fresh look at Danbury Fair mall [The Hour, Norwalk, Conn.]
Banco Bradesco S.A.. Investors who purchased or otherwise acquired shares between April 30, 2012 through May 31, 2016, inclusive, are encouraged to contact the Firm prior to the August 2, 2016, lead plaintiff motion deadline.. If you purchased shares of Banco Bradesco during the Class Period, please contact Joon M. Khang, Esquire, of Khang& Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA..."/>
IMPORTANT SHAREHOLDER NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Banco Bradesco S.A. and Reminds Investors with Losses to Contact the Firm
Faces and places [The Macon Telegraph]
Ellington Financial LLC today announced that its estimated book value per common share as of June 30, 2016 was $20.58, or $20.30 on a diluted basis. Estimated book value per share on a diluted basis takes into account securities convertible into the Company's common shares. These estimates are subject to change upon completion of the Company's month-end valuation procedures relating to its investment positions, and any such change..."/>
Ellington Financial LLC Reports Estimated Book Value Per Share As Of June 30, 2016
Aon plc, the leading global provider of risk management and human resource consulting and outsourcing, plans to announce second quarter 2016 results on Friday, July 29 th, 2016 in a news release to be issued before the market opens. Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, July 29 th, 2016. The conference call will be broadcast live through Aon's website at"/>
Aon Announces Second Quarter 2016 Earnings Release and Conference Call
Bay Bancorp, Inc., the parent company of Bay Bank, announced today that it has completed its acquisition of Hopkins Bancorp, Inc. Bay Bank, FSB is now the fifth largest community bank headquartered in the Baltimore region based upon deposit market share. Following the merger, Bay Bank will have total assets of approximately $650 million and 12 branches in the Baltimore-Washington corridor.. Bay Bank acquired two branches from Hopkins Federal Savings Bank..."/>
Bay Bank Finalizes its Acquisition with Hopkins Federal Savings Bank

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