Industry News

First Financial Northwest, Inc. today announced that its subsidiary financial institution, First Financial Northwest Bank, has opened a fourth branch office, located at The Landing in Renton, Washington.. The Landing’ s branch office is staffed with a local, successful, seasoned, and highly-skilled team. The Bank’ s expansion into The Landing’ s retail area features its continued focus on efficiency with a small footprint and an extensive use of the latest..."/>
First Financial Northwest, Inc. Announces New Branch of Subsidiary Bank
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an improved land parcel in Hanover, Maryland on July 12, 2016 for a purchase price of approximately $8.2 million. The property consists of approximately 13.4 acres, of which 8.7 acres are paved, at 7479 New Ridge Road adjacent to Baltimore Washington International Airport, the Baltimore Washington Parkway and MD Route 100."/>
Terreno Realty Corporation Acquires Property in Hanover, MD for $8.2 Million
First Niagara Financial Group, Inc., the company said. The merger of First Niagara into KeyCorp is expected to be completed on or about1 August 2016, pending the satisfaction of customary closing conditions. Systems and client conversion is expected during 4 Q16, subject to pending regulatory approval by the OCC for the merger..."/>
US Federal Reserve Clears KeyCorp to Acquire First Niagara Financial Group
St James's Place climbing 4.6 pc, or 36 p to 825.5 p."/>
Daily Mail, London, market report column [Daily Mail, London]
RLI Corp.-- RLI Corp. announced today that RLI Insurance Company has been named as one of the insurance industry’ s top performing companies by Ward Group for the 26 th consecutive year. RLI is one of only three property and casualty insurers to be recognized as a Ward’ s 50 ® Top P&C Performer every year since the list’ s inception in 1991.. “RLI continues to be honored to receive this recognition from Ward Group,” said RLI Corp. Chairman& CEO Jonathan E. Michael.“ We are proud of..."/>
RLI Named to Prestigious Ward’s 50® Top P&C Performers List for 26th Consecutive Year
First Financial Northwest, Inc. announced today that it has commenced a modified "Dutch auction" tender offer to purchase up to $40.0 million in aggregate value of its common stock at a price per share not less than $13.00 and not greater than $14.00. The tender offer is expected to expire on August 9, 2016, unless extended. The maximum number of shares proposed to be purchased in the tender offer represents approximately 23.1% of First Financial’ s..."/>
First Financial Northwest, Inc. Commences Self Tender Offer to Repurchase up to $40.0 million of its Common Stock Through a Modified "Dutch Auction" Tender Offer
Virtus Investment Partners, Inc., which operates a multi-manager asset management business, today reported preliminary open-end mutual fund flows and assets under management for the second quarter of 2016:. Virtus Investment Partners is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. Virtus offers access to a variety of investment..."/>
Virtus Investment Partners Announces Second Quarter Open-End Mutual Fund Flows and Assets
MGM Resorts International has launched a mobile gaming platform, easyPLAY ® Mobile Tournaments, the first digital and interactive tournament to be offered by a regulated casino in the United States. Developed by mobile gaming tech company oneLIVE inc, the platform allows guests at nine iconic Las Vegas resorts to compete with other players in a variety of tournament games using their own mobile devices whether they are at the pool, sipping..."/>
MGM Resorts Launches Nation's First Mobile Real Money Tournaments In Las Vegas
WisdomTree Expands Offering on Schwab ETF OneSource™
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc., today announced that its research publication, Midyear Outlook 2016: A Vote of Confidence, is now available for download. Published by LPL Financial’ s Research department, the publication contains investment insights and market guidance for investors in the second half of 2016.. It has been a volatile year..."/>
LPL Financial Research Publishes Midyear Investment Outlook 2016
Codorus Valley Bancorp, Inc., the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.13 per common share, payable on August 9, 2016, to shareholders of record at the close of business on July 26, 2016. This quarterly cash dividend is the same as the amount paid in the previous quarter. Codorus Valley Bancorp, Inc. is the largest independent financial..."/>
Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend
Senior Housing Properties Trust on Tuesday declared its regular quarterly distribution of USD0.39 per share on its common stock. This quarterly cash payment will be distributed on or about 18 August 2016, to shareholders of record at the close of business as of 22 July 2016.. Senior Housing Properties Trust is a real estate investment trust, or REIT, that owns senior living communities, medical office buildings and wellness centers throughout the United States."/>
Senior Housing Properties Trust approves USD0.39 per share distribution
Horizon Bancorp and CNB Bancorp signed a definitive merger agreement whereby Horizon will acquire CNB Bancorp, parent company of the Central National Bank and Trust Company, the companies revealed on Tuesday. The merger agreement allows stockholders of CNB to receive a special cash dividend, all to be paid by Horizon and equals 120% of the remaining capital. These amounts will be determined as of the end of the month before the closing of the merger and which will be dependent on..."/>
Horizon Bancorp signs merger agreement with CNB Bancorp
First Financial Bancorp. announced today that it expects to release second quarter 2016 financial results after the market close on Thursday, July 21, 2016. A teleconference and webcast to discuss these results will be held on Friday, July 22, 2016 at 8:30 a.m. Eastern time. About First Financial Bancorp First Financial Bancorp is a Cincinnati, Ohio based bank holding company."/>
First Financial Bancorp. to Announce Second Quarter 2016 Financial Results on Thursday, July 21, 2016
OceanFirst Financial Corp., headquartered in Toms River, New Jersey, and Ocean Shore Holding Co., headquartered in Ocean City, New Jersey, jointly announced today that they have entered into a definitive agreement and plan of merger pursuant to which Ocean Shore, the holding company and parent of Ocean City Home Bank, will merge with and into OceanFirst, the holding company and parent of OceanFirst Bank. Ocean City Home Bank will also..."/>
OceanFirst Financial Corp. Announces Agreement to Acquire Ocean Shore Holding Co.; OceanFirst To Strengthen Franchise and Become Fourth Largest New Jersey Based Banking Institution by Deposit Market Share
Medical Properties Trust, Inc. announced today that its operating partnership, MPT Operating Partnership, L.P., and MPT Finance Corporation, a wholly-owned subsidiary of the Operating Partnership, intend to offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2026. The Notes will be senior unsecured obligations of the Issuers, guaranteed by the Company. The Issuers intend to use approximately $474.3..."/>
Medical Properties Trust Announces Public Offering of $500 Million of Senior Notes Due 2026

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