Industry News

Facebook data center in far north Fort Worth. In an interview, Berzina said he was pursuing another job but declined to provide specifics "until it is sewed up.""/>
Fort Worth Chamber's top economic development exec steps down [Fort Worth Star-Telegram]
State National Companies, Inc. today announced that A.M. Best has revised the issuer credit rating outlook to positive from stable and affirmed the financial strength rating of A and the ICRs of“ a” of State National Insurance Company, Inc. and its subsidiaries, National Specialty Insurance Company and United Specialty Insurance Company, which operate under a pooling agreement and are collectively referred to as State National Group."/>
State National Companies A.M. Best “A” (Excellent) Rating Affirmed
SunTrust Banks, Inc. was named to IDG's CIO 100 for developing and implementing an innovative new card services platform. The technology provides SunTrust credit card clients with enhanced online and mobile functionality, along with a streamlined dashboard for SunTrust teammates to more efficiently respond to client requests. "To be recognized by CIO as one of the top 100 technology innovators in the country underscores our commitment to..."/>
SunTrust Named to CIO 100 for Innovative Use of Information Technology
Landmark Infrastructure Partners LP has been invited to present at the 2016 Gateway Conference, which is being held on September 7-8, 2016 at the Four Seasons Hotel in San Francisco, CA.. Tim Brazy, Chief Executive Officer, is scheduled to present on Thursday, September 8 at 9:30 a.m. Pacific Time, with one-on-one meetings held throughout the conference. The presentation will be webcast live and available for replay on the Investors section of the..."/>
Landmark Infrastructure Partners LP to Present at the 5th Annual Liolios Gateway Conference on September 8, 2016
Northrim BanCorp, Inc. today announced that its Board of Directors increased its regular quarterly cash dividend by $0.01, or 5.3%, to $0.20 per share. The dividend will be payable on September 23, 2016, to shareholders of record at the close of business on September 15, 2016.. “As we continue to build the Northrim franchise, we are committed to providing returns to our shareholders,” said Joseph Beedle, President and CEO."/>
Northrim BanCorp, Inc. Raises Quarterly Cash Dividend 5.3% to $0.20 per Share
Unity Bancorp, Inc., parent company of Unity Bank, announced that its Board of Directors has declared a 25 percent increase in its cash dividend from $0.04 per common share to $0.05 per common share. Such dividend is payable on September 29, 2016, to shareholders of record as of September 13, 2016.. In addition the Board of Directors declared a 10 percent stock dividend payable on September 30, 2016 to shareholders of record as of September 15, 2016.."/>
Unity Bancorp Declares 25% Increase in Cash Dividend and a 10% Stock Dividend
Zions Bancorporation, will make a presentation at the Barclays Global Financial Services Conference on Tuesday, September 13, 2016 at 11:15 a.m. ET. A live webcast of the presentation may be accessed on the Zions Bancorporation website, The webcast will also be archived and available on the website for 30 days."/>
Zions Bancorporation To Present At The Barclays Global Financial Services Conference And Updates Warrant Information
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Sports Direct. They are demanding a wide-ranging review of the business following a share price slump and months of bad publicity over working practices. One top investor is voting against the reappointment of the firm's chairman."/>
As top investors launch an unprecedented attack... [Daily Mail, London]
State Street Global Advisors, the asset management business of State Street Corporation, today announced changes to the name and index for its SPDR Russell Small Cap Completeness ® ETF. Effective August 31, 2016, the Fund will be renamed the SPDR S&P ® 1000 ETF and begin tracking the S&P 1000 Index. The Fund’ s annual gross expense ratio remains unchanged and no action is required by shareholders to effect these changes."/>
State Street Global Advisors Announces Changes to the SPDR® Lineup
Blade co-leads term loan for Paraguay's Bunco Continental
Eaton Vance Senior Floating-Rate Trust and Eaton Vance Senior Income Trust have commenced tender offers to purchase up to 27 percent and 44 percent, respectively, of their outstanding auction preferred shares, the company said. Each fund's tender offer is scheduled to expire at 5:00 p.m. Eastern Time on Friday, September 23, 2016, but may be extended at the discretion of the Fund. The funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp.."/>
Eaton Vance commences tender offers for preferred shares
Northwest Bancshares, Inc., the parent company of Northwest Bank, has been recognized by Forbes as one of America's 50 Most Trustworthy Financial Companies, the company said. In determining this year's award winners, Forbes commissioned MSCI ESG Research, an independent research company that reviewed the accounting and governance behaviors of nearly 700 publicly-traded financial companies. Northwest was named the 10th highest ranked bank on the list."/>
Forbes recognizes Northwest among America's most trustworthy financial companies
Crossroads Capital, Inc. has engaged Setter Capital, a Toronto-based secondary market advisory firm, to assist the company in identifying prospective buyers for the company's portfolio investments, the company said. The company's board of directors resolved to monetize the company's portfolio holdings at the earliest practicable date in connection with the company's investment objective to preserve capital and maximize stockholder value by pursuing the sale of the..."/>
Crossroads Capital engages Setter Capital to identify prospective buyers
F.N.B.' s strategic emphasis on local leadership and decision-making, key roles in the company's newest regions will be filled by executives joining the company from Yadkin. Upon the anticipated completion of the merger in the first quarter of 2017, FNB's regional..."/>
F.N.B. reports leadership positions for new markets in Southeastern US
Ally Financial has distributed backpacks and school supplies to 600 Detroit-area students at Boys& Girls Clubs of Southeastern Michigan's annual "Be Fit for School" event, and stocked the Detroit Club's library with 50 books on financial literacy topics and money skills, the company said. Ally is sponsoring the new Backpack Caf program, which will allow Boys& Girls Clubs' kids dealing with food-insecurity to take a backpack full of healthy food home with them each weekend."/>
Ally, Boys & Girls Clubs to deliver school supplies to Detroit students

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