Industry News

Atlantic Coast Financial Corporation, the holding company for Atlantic Coast Bank, today announced that its management will participate in the upcoming Raymond James U.S. Bank Conference, which will be held in Chicago on Wednesday, September 7, 2016. John K. Stephens, Jr., President and Chief Executive Officer, and Tracy L. Keegan, Executive Vice President and Chief Financial Officer, will represent the Company and will participate in meetings with..."/>
Atlantic Coast Financial Corporation to Attend the Raymond James U.S. Bank Conference
Lending Club adds 2 executives to investor group
Katahdin Bankshares Corp., parent company of Katahdin Trust Company, has declared a cash dividend of USD.10 per share for the third quarter of 2016, the company said. The dividend will be payable on September 23, 2016 to all shareholders of record as of September 9, 2016.. Katahdin Bankshares Corp. declared a cash dividend on its preferred stock Series D of USD54.6875 per share for the third quarter of 2016."/>
Katahdin Bankshares declares dividend
QNB Corp. has declared a quarterly cash dividend of USD0.30 per share, the company said. 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 declare dividend
Alon Blue Square Israel Ltd. has reported its controlling shareholder, Alon Israel Oil Company Ltd. has approved proposed amendments to its debt arrangement, the company said. The company has notified the court that its shareholder has approved proposed amendments despite the rejection by the holders of Alon Oil's Series A debentures of the amendments to the proposed debt reorganization and arrangement between the company and its financial creditors."/>
Alon Blue Square releases timeline for closing proposed debt arrangement
Valley National Bancorp has declared a preferred stock cash dividend of USD0.390625 per share will be paid September 30, 2016 to shareholders of record on September 9, 2016 on its 6.25% fixed-to-floating rate non-cumulative perpetual preferred stock Series A, the company said. Valley declared a common stock cash dividend of USD0.11 per share will be paid October 3, 2016 to shareholders of record on September 15, 2016.. Valley National Bancorp is a regional bank holding..."/>
Valley National Bancorp declares quarterly preferred stock, common stock dividends
Exchange Bank has declared a quarterly cash dividend of USD0.70 per share on common stock outstanding, the company said. The dividend is payable September 16, 2016 to shareholders of record at the close of business on September 2, 2016.. Exchange Bank is a community banking organization that focuses its lending and other services on businesses and consumers throughout Sonoma County."/>
Exchange Bank increases quarterly cash dividend
T. Rowe Price Group, Inc. has declared a quarterly dividend of USD0.54 per share, the company said. The dividend is payable September 29, 2016 to stockholders of record as of the close of business on September 15, 2016.. Baltimore-based T. Rowe Price Group, Inc. is a global investment management organization with USD776.6 billion in assets under management as of June 30, 2016.."/>
T. Rowe Price declares quarterly dividend
Premier Financial Bancorp, Inc. has declared a third quarter cash dividend of USD0.15 per share on its common stock, the company said. The dividend is scheduled to be paid on September 30, 2016 to common shareholders of record on September 15, 2016.. Premier Financial Bancorp, Inc. is a USD1.5 billion community bank holding company with two bank subsidiaries."/>
Premier Financial Bancorp declares Q3 2016 dividend
National Bank reported. Dollarization of the of individuals' deposits decreased from 80 to 67.8 percent in this period. Meanwhile, Kazakhstan's exchange points' sales of US dollars in cash exceeded its purchases in July for the first time since Jan."/>
BRIEF: Dollarization of deposits reducing in Kazakhstan [Trend News Agency, Baku, Azerbaijan]
Banc of California that allows the bank to be the naming partner of the club's new 22,000- seat soccer stadium, the company said. The stadium will be named Banc of California Stadium, and the company will be the Official Bank of LAFC and the LAFC Foundation. Banc of California Stadium will be home to Major League Soccer's newest team, as well as cultural, entertainment and sporting events throughout the year."/>
Los Angeles Football Club partners with Banc of California
Hospitality Properties Trust declared on Wednesday that the underwriters of its public offering of common shares, have fully exercised their option to buy 1,650,000 additional common shares, thus raising additional net proceeds to about USD48.6m. The settlement of such shares will occur on 26 August 2016, the company added. Citigroup, BofA Merrill Lynch and Morgan Stanley were the joint book running managers for this offering; the joint lead managers were Jefferies, RBC..."/>
Hospitality Properties Trust declares full exercise of underwriters’ option 1.7m additional shares
PNC Enhances ATM Security With Chip Card Capability
Bancorp Inc has sold USD65m of mainly commercial real estate loans from its discontinued loan portfolio, it disclosed on Wednesday. Therefore, the sale reduced the company's discontinued commercial loan portfolio to about USD335m, net of marks, a decrease of 16% as of 22 August 2016. A gain of about USD500, 000 was recognised upon the sale which closed on the same date."/>
The Bancorp declares sale of USD65m of discontinued commercial loans' portfolio
OTC Markets Group Inc., operator of financial markets for 10,000 U.S. and global securities, today announced TGR Financial, Inc, the holding company of First Florida Integrity Bank headquartered in Naples, Florida, has qualified to trade on the OTCQX ® Best Market. TGR Financial upgraded to OTCQX from the Pink ® market. TGR Financial begins trading today on OTCQX under the symbol "TGRF.""/>
OTC Markets Group Welcomes TGR Financial to OTCQX
Ladenburg Thalmann Financial Services Inc., is pleased to welcome Midtown Financial Advisors in Greensboro, N.C. The idea for Midtown Financial Advisors, which officially opened its doors June 1, started in 2013, when independent advisors Rick Raiford, Jeff Phillips, Brad Smith and Chuck Furr discussed merging their practices into one firm that..."/>
Securities America Welcomes Midtown Financial Advisors of Greensboro, N.C.
Rexford Industrial Realty, Inc., a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced the acquisition of a 5- property industrial complex for approximately $40.1 million. The acquisition was funded using cash on hand. "The acquisition of this Orange County industrial complex demonstrates our ability to source high quality assets at..."/>
Rexford Industrial Acquires Five-building Industrial Complex For $40.1 Million
Iron Mountain Incorporated, the global leader in storage and information management services, has selected Virtustream ® xStream ® and Virtustream Viewtrust ® software to orchestrate, automate and secure cloud storage services for Iron Mountain’ s cloud-based service offerings. “Changes in technology and business processes are..."/>
Virtustream and Iron Mountain Join Forces to Build Cloud Platform for Enterprise Data Management
Hilltop Holdings Inc on Wednesday reported that William B. Furr takes over as chief financial officer from 1 September 2016, succeeding Darren Parmenter who takes on the new role of chief administrative officer for the company on the same date. In this new position, Furr will oversee all accounting and finance functions for Hilltop at the holding company level, which include accounting, tax, external reporting, treasury, financial planning and analysis, capital planning, stress..."/>
Hilltop Holdings appoints William B. Furr as CFO
Toronto-Dominion Bank today announced that a dividend in an amount of fifty-five cents per fully paid common share in the capital stock of the Bank has been declared for the quarter ending October 31, 2016, payable on and after October 31, 2016, to shareholders of record at the close of business on October 7, 2016.. In lieu of receiving their dividends in cash, holders of the Bank's common shares may choose to have their dividends reinvested in..."/>
TD Bank Group Declares Dividends
TD Bank Group Reports Third Quarter 2016 Results
Radian Group Inc. today announced the appointment of Jeff Tennyson as president of Clayton Holdings LLC, Radian’ s principal mortgage and real estate services business. Tennyson has served as interim president of Clayton since March 2016, with responsibility for the overall operating results of Clayton’ s business lines. This Smart News Release features multimedia."/>
Radian Names Jeff Tennyson President of Clayton

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