Industry News

KeyCorp has reported it plans to add 304 First Niagara branches to its new network following completion of the planned merger, the company said. The company's plan includes a focus on enhancing convenience and capabilities for clients. The new KeyBank branch network created by the merger will include 488 branches in upstate New York and in Connecticut, Massachusetts and Pennsylvania."/>
KeyBank expands branch network as part of First Niagara acquisition
HCP executive chairman assume role of interim president/CEO
Lazard Ltd will announce its second-quarter and first-half 2016 results in a press release to be issued Thursday morning, July 28, 2016.. The press release will be available on Lazard’ s website at: www.lazard.com. Lazard will host a conference call at 8:00 a.m. EDT on July 28, 2016, to discuss the company’ s financial results for the second quarter and first half of 2016."/>
Lazard to Announce Second-Quarter and First-Half 2016 Results
Black Knight Financial Services, Inc. has released its latest Mortgage Monitor Report that found in the first quarter, tappable equity grew by USD260 billion, a six percent increase in the first three months of 2016, the company said. The report, based on data as of the end of May 2016, found 38 million borrowers have at least 20 percent equity in their homes, with an average of USD116, 000 in tappable equity per borrower. Mortgage Monitor leveraged data from..."/>
Black Knight's Mortgage Monitor reports available home equity rises by USD260bn in Q1 2016
Sierra Bancorp, the holding company of Bank of the Sierra, has completed its acquisition of Coast Bancorp of San Luis Obispo County, California through the merger of Coast Bancorp with and into Sierra Bancorp, the company said. Pursuant to the terms of the acquisition agreement dated January 4, 2016, Coast Bancorp shareholders received aggregate merger consideration of approximately USD13.5 million, payable USD3.3 million in cash with the balance payable in shares of the..."/>
Sierra Bancorp completes acquisition of Coast Bancorp
Golub Capital BDC, Inc. has originated USD156.0 million in new middle-market investment commitments during the three months ended June 30, 2016, the company said. The company said approximately 81 percent of the new middle-market investment commitments were one stop loans, 17 percent were senior secured loans, an amount less than 1.0 percent were subordinated debt loans and 2.0 percent were equity securities. Of the new middle-market investment commitments, USD147.6..."/>
Golub Capital BDC reports USD156m in Q3 FY 2016 middle-market originations
BFC Financial Corporation and Bluegreen Corporation today announced that Bluegreen is celebrating its 50 th Golden Anniversary. "This year marks the 50th Golden Anniversary of Bluegreen Vacations, an accomplishment we take great pride in. From one resort in the Smoky Mountains, the Bluegreen Vacation Club ® has grown to 66 resorts, access to more than 4,500 resorts worldwide, and more than 199,000 owners enjoying the choice, flexibility and value..."/>
BFC Financial Proudly Announces Bluegreen's Milestone: Bluegreen Vacations Commences Its 50th Golden Anniversary Celebrations
Kennedy-Wilson Holdings, Inc. to hold conference call and webcast to discuss second quarter financial results. BEVERLY HILLS, Calif.---- Global real estate investment company Kennedy Wilson will release its second quarter 2016 financial results on Thursday, August 4, 2016 after the market closes. The company will hold a live conference call and webcast to discuss results at 7:00 a.m. PT/ 10:00 a.m."/>
Kennedy Wilson to Announce Second Quarter 2016 Earnings
Kemper Corporation reported on Wednesday that it expects to include pre-tax catastrophe losses of about USD52m in its second quarter 2016 results. Also, the company said that the losses were related to many storms and the single hail storm in north Texas in mid-April, heavily impacted its policyholders there. Besides, it does not expect to recover any of these losses under its catastrophe reinsurance programme."/>
Kemper expects Q2 2016 catastrophe losses of about USD52m
Newcastle Investment Corp approved a common stock cash dividend of USD0.12 per share for the quarter ending 30 June 2016, the company disclosed on Wednesday. The dividend will be paid on 29 July 2016 to shareholders of record on 22 July 2016.. Additionally, the board authorised dividends of USD0.609375, USD0.503125 and USD0.523438 per share on the company's 9.750% series B, 8.050% series C and 8.375% series D preferred stock, respectively, for the period..."/>
Newcastle announces common and preferred stock dividends for Q2 2016
City Office REIT, Inc. announced today the closing of the previously announced acquisition of the Research Park Collection in Orlando, Florida for a purchase price of $49.8 million, exclusive of closing costs. The property includes five Class A office buildings and a 10 acre land parcel within the Central Florida Research Park, the fourth largest research park in America. The Research Park Collection's five buildings total 272,192 square..."/>
City Office REIT Announces Closing of Office Property in Orlando, Florida
Marlin Business Services Corp., a leader in the commercial equipment financing industry, announced it has entered an agreement with Rush Enterprises to support its dealership network with financing options for their customers to purchase new and used commercial trucks. Marlin dedicated field representatives will be offering financing through more than 100 Rush Truck Centers throughout the United States.. Marlin has extensive experience..."/>
Marlin Business Services Corp. Offering Financing To Rush Enterprises Dealerships
IHS Markit Ltd., a global leader in critical information, analytics and solutions that drive economies and markets worldwide, is updating its 2016 financial guidance in connection with the previously announced completion of the merger to form IHS Markit. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160713005320/en/."/>
IHS Markit Ltd. Updates 2016 Financial Guidance
Southwest Securities International Securities Limited solely sponsored Plover Bay Technologies Limited IPO, was successfully listed on the Main Board of Stock Exchange of Hong Kong on 13 July 2016. The Shares offered under the Hong Kong Public Offering were subscribed approximately 46 times and the final issue price was set at an impressive near 20 times the historical P/E ratio. Founded in 2006, the new listing, Plover Bay Technologies is a SD-WAN..."/>
Southwest Securities International Solely Sponsored Plover Bay Technologies IPO Successfully Lists on the Main Board of HKEX
Allstate Corporation and Atlantic Media. As the 2016 general election campaign kicks off, the 26th..."/>
Americans Say 2016 Election Is More Important Than Others In Recent History, New Poll Reveals
Aon plc. The Ward's 50 property-casualty group of insurance companies produced a 10.5 percent statutory return on average equity from 2011 to 2015,..."/>
Ward Group Announces Its Ward's 50 List for 2016
Realty Income Corporation approved the 553rd consecutive common stock monthly dividend of USD0.1995 per share, the company revealed on Tuesday. This 553rd consecutive monthly dividend that reflects an annual amount of USD2.394 per share, will be paid on 15 August 2016 to shareholders of record as of 1 August 2016 and the ex-dividend date is 28 July 2016.. Additionally, the board authorised a dividend of USD0.138021 per share on the company's monthly..."/>
Realty Income announces 553rd consecutive monthly common stock dividend

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