Industry News

Erie Indemnity Company names Chief Financial Officer
Morningstar, Inc., a leading provider of independent investment research, has expanded its commodity research into the oil markets and has appointed Sandy Fielden as director of research, commodities and energy. Morningstar added energy, oil, gas, and commodities data and analytics to its lineup of global investment research and data offerings in 2009 with the acquisition of Logical Information Machines, rebranded in 2011 as Morningstar..."/>
Morningstar Expands Commodity Research into Oil Markets; Hires Sandy Fielden as Director of Research, Commodities and Energy
Morningstar to guide investors through it. That just may be a great big business idea-- if equity crowdfunding really takes off. Of course, one of the things that improves the odds of equity crowdfunding taking off is having a company like Stratifund..."/>
Star Tribune (Minneapolis) Lee Schafer column [Star Tribune (Minneapolis)]
Nasdaq MarketSite in Times Square ahead of the film’ s nationwide release on July 29.. In honor of the occasion, the following representatives will ring the Closing Bell:. Mila Kunis Kathryn Hahn Robert Simonds Sophie Watts Thomas B. McGrath Noah Fogelson Rich Sullivan."/>
STX Entertainment’s “Bad Moms” Stars and Corporate Executives to Ring The Nasdaq Stock Market Closing Bell
American Housing Income Trust, Inc. today announced that it has appointed Les Gutierrez and James Stevens to the Board of Directors resulting in an increase to five members on the Board of Directors. Sean Zarinegar, Chairman of the Board and Chief Financial Officer of the Company commented, "Our objective from inception has been to diversify not only our property holdings, but also our leadership. We knew from the beginning that in order to attract..."/>
American Housing Income Trust Appoints New Directors
Community Trust Bancorp, Inc. increased its quarterly cash dividend to $0.32 per share beginning with the October 1, 2016 payment to shareholders of record on September 15, 2016. This represents an increase of 3.23% in the quarterly cash dividend. Community Trust Bancorp, Inc., with assets of $3.9 billion, is headquartered in Pikeville, Kentucky and has 70 banking locations across eastern, northeastern, central, and..."/>
Community Trust Bancorp, Inc. Increases Its Cash Dividend
Westfield Financial, Inc., the holding company for Westfield Bank, reported net income of $389,000, or $0.02 per basic and diluted share, for the quarter ended June 30, 2016, compared to $1.4 million, or $0.08 per basic and diluted share, for the quarter ended June 30, 2015. For the six months ended June 30, 2016, net income was $2.4 million, or $0.14 per basic and diluted share,..."/>
Westfield Financial, Inc. Reports Results for the Quarter Ended June 30, 2016 and Declares Quarterly Dividend
Fiera Capital Corporation, a leading independent asset management firm, announced that its affiliated U.S. division, Fiera Capital Inc., has entered into an agreement that will bring the entire team of Larch Lane Advisors LLC and its current strategies to Fiera Capital. The Larch Lane team is expected to join Fiera Capital on September 1, 2016. The Larch..."/>
Larch Lane Team to Join Fiera Capital
Fiera Capital Corporation, a leading independent asset management firm, announced that its affiliated U.S. division, Fiera Capital Inc., has entered into an agreement that will bring the entire team of Larch Lane Advisors LLC and its current strategies to Fiera Capital. The Larch Lane team is expected to join Fiera Capital on September 1, 2016."/>
Larch Lane Team to Join Fiera Capital
Horizon Bancorp today announced its unaudited financial results for the three and six-month periods ended June 30, 2016.. Net income for the second quarter of 2016 was $6.3 million or$. 52 diluted earnings per share. Excluding acquisition-related expenses and gain on sale of investment securities, net income for the second quarter of 2016 increased 38.9% compared to the same period of 2015 to $7.2 million or$. 59 diluted earnings per share. Net income for the..."/>
Horizon Bancorp Announces Record Quarterly and Six-Month Net Income
Synchrony Financial, a premier consumer financial services company with more than 80 years of retail heritage. The Container Store Credit Card will provide financing options for the purchase of the retailer’ s more than 11,000 products, customized variety of services and..."/>
The Container Store Launches Customer Financing Through Private Label Credit Card Program
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending September 30, 2016 of $0.20 per common share; an increase of 11.1% over the prior dividend level. The dividend will be payable on October 21, 2016 to common stockholders of record at the close of business on October 7, 2016.. The Board of Directors declared a dividend of..."/>
Terreno Realty Corporation Increases Quarterly Dividend and Files Second Quarter 2016 Financial Statements
Surrey Bancorp,, the holding company for Surrey Bank& Trust, today reported earnings for the second quarter of 2016.. For the quarter ended June 30, 2016, net income totaled $1,138,821 or $0.27 per fully diluted share, compared to $739,936 or $0.18 per fully diluted common share earned during the second quarter of 2015.. Net income for the three months ended June 30, 2016, is approximately 53.9 percent higher than for the same period in 2015. The increase in..."/>
Surrey Bancorp Reports Second Quarter Net Income of $1,138,821
Cullen/Frost Bankers, Inc. today reported second quarter 2016 results. The company's net income available to common shareholders for the second quarter of 2016 was $69.5 million, compared to $71.1 million in the second quarter 2015. On a per-share basis, net income was $1.11 per diluted common share, compared to $1.11 per diluted common share reported a year earlier for the second quarter of 2015."/>
Cullen/Frost Reports Second Quarter Results
IG Group, Nadex-The North American Derivatives Exchange saw the total number of trades and the overall trading volume on the exchange in the second quarter of 2016 grow by nearly 40% versus Q2 of 2015. The growth in trading volume reflects continued mainstream enthusiasm for exchange-traded binary options and spreads. Growing Interest& Awareness; Deeper Markets."/>
Nadex Q2 2016: Record Growth Continues as Exchange-Traded Binary Options Go Mainstream
Computershare Limited announced today it has launched referral arrangements with HighTower for wealth management services and TD Ameritrade, Inc., for brokerage services. These arrangements are an important part of Computershare's strategy to expand its offerings to its employee equity plans clients. "Our clients have expressed an interest in having both wealth management and brokerage services available for their executives and the..."/>
Computershare Now Offers Wealth Management and Brokerage Services To Employee Equity Plan Clients
Home Bancorp Inc., the parent company for Home Bank N.A. in Lafayette, reported net income of $4 million for the second quarter, a 41 percent increase from second-quarter 2015.. The results were affected by merger-related expenses from its acquisition of Louisiana Bancorp Inc., the former holding company for the Bank of New Orleans, and also the sale of a banking center. Excluding those factors, second-quarter net income still totaled $3.7 million, up 22 percent compared..."/>
BRIEF: Home Bancorp Inc. in Lafayette reports $4 million quarterly profit [The Advocate, Baton Rouge, La.]
Ameriprise Financial's second-quarter operating earnings fell 12.7 percent to $379 million, or $2.23 a share. Net income fell 19.3 percent to $335 million, or $1.97 a share, the company reported after the market closed on Tuesday. Operating earnings, which the company believes best represents the economics of the company, included after-tax adjustments of 17 cents per share for unfavorable items."/>
Ameriprise earnings drop in second quarter [Star Tribune (Minneapolis)]
Commercial National Financial Corporation today announced 2016 second quarter net income of $689,000, or$. 21 per share compared to 2015 second quarter net income of $687,000, or$. 21 per share. Excluding merger-related expenses of the previously announced merger with Capital Directions, Inc., the holding company for Mason State Bank, second quarter 2016 net income was $750,000, or$. 23 per share.. Total assets were $397.9 million at June 30, 2016 compared..."/>
Commercial National Financial Corporation Reports 2nd Quarter 2016 Earnings
Suffolk Bancorp, parent company of Suffolk County National Bank, announced that its Board of Directors today declared a quarterly cash dividend of $0.10 per share on its common stock. The dividend will be payable on August 24, 2016 to shareholders of record as of August 10, 2016.. Suffolk Bancorp is a one-bank holding company engaged in the commercial banking business through Suffolk County National Bank, a full service commercial bank headquartered in..."/>
Suffolk Bancorp Declares Quarterly Dividend

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