Industry News

Crombie Real Estate Investment Trust today announced a distribution of $0.07417 per unit for the period from July 1, 2016, to and including July 31, 2016. The distribution will be payable on August 15, 2016, to unitholders of record as at July 31, 2016.. About Crombie REIT Crombie Real Estate Investment Trust is an open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario."/>
Crombie REIT Announces Monthly Distribution
BB/T completes Conversion of Acquired National Penn Branches
Horizon Bancorp has closed its acquisition of LaPorte Bancorp, Inc. in a stock and cash transaction worth around USD 94.1 m, the company said. LaPorte Bancorp is the parent company of The LaPorte Savings Bank. Under the terms of the merger agreement, shareholders of LaPorte Bancorp had the option to receive USD 17.50 per share in cash or 0.629 shares of Horizon common stock, or a combination of both, for each share of LaPorte..."/>
Indiana’s Horizon Bancorp Closes USD 94.1m Acquisition of LaPorte
First American Financial Corporation, a leading provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the availability of its new TotalView report in DataTree.com, First American’ s advanced real estate research solution. The TotalView report combines data from both public and proprietary sources to..."/>
First American Launches “TotalView,” Providing a Comprehensive View of Property, Ownership, Encumbrance and Market Data in a Single Report
Bankers Life launches guaranteed lifetime income annuity
Lending Club names BlackRock veteran as chief capital officer
BNY Mellon to service EUR2bn in assets for Nomura Deutschland
BB&T Corporation has completed its National Penn conversion including core systems, products and most signage changes for 108 branches in Pennsylvania, Maryland and New Jersey, the company said. BB&T's footprint is made up of 26 autonomous community bank regions, each with its own president, to leverage local market experience and keep decisions local. Clients now have access to an expanded network of more than 2,200 branches and more than 3,000 ATMs, offering clients access to..."/>
BB&T completes National Penn conversion
Alon Blue Square Israel Ltd. has been notified that the holders of the Series C debentures approved, by the requisite majority, the proposed debt reorganization and arrangement between the company and its financial creditors, the company said. The company said its financial creditors unanimously approved the proposed debt reorganization and arrangement between the company and its financial creditors. Alon Blue Square Israel Ltd. is a holding company operating through..."/>
Alon Blue Square notified of debt arrangement approval
Voya Financial, Inc., has declared monthly distributions on the common shares of two of its closed-end funds, the company said. The distribution of Voya Global Equity Dividend and Premium Opportunity Fund is USD0.076. The dividend of Voya International High Dividend Equity Income Fund is USD0.069."/>
Voya Equity closed-end funds declare distributions
Valley Commerce Bancorp,, a bank holding company and the parent company of Valley Business Bank, has reported second quarter 2016 net income of USD1.1 million or USD0.37 per diluted share, compared to earnings of USD911, 000, or USD0.31 per diluted share, for the second quarter of 2015, the company said. For the six months ended June 30, 2016, the company reported net income of USD2.2 million, or USD0.75 per diluted share. This compared to earnings of USD1.7 million, or USD0.58 per..."/>
Valley Commerce Bancorp reports Q2 2016 net income of USD1.1m
PNC Financial Services Group, Inc. has reported net income of USD989 million, or USD1.82 per diluted common share, for the second quarter of 2016 compared with net income of USD943 million, or USD1.68 per diluted common share, for the first quarter of 2016 and net income of USD1.044 billion, or USD1.88 per diluted common share, for the second quarter of 2015, the company said. Second quarter net interest income of USD2.1 billion for the second quarter decreased USD30 million, or 1.0..."/>
PNC reports Q2 2016 net income of USD989m
United Security Bancshares has reported net income of USD3, 790,000 for the six months ended June 30, 2016, an increase of USD499, 000, or 15.16 percent, relative to the net income of USD3, 291,000 recognized for the six months ended June 30, 2015, the company said. Basic and diluted earnings per share increased to USD0.23 for the six months ended June 30, 2016, as compared to USD0.20 for the six months ended June 30, 2015.. The company reported consolidated net income of USD2, 021,000..."/>
United Security Bancshares reports 1st half 2016 net income of USD3.8m
Sun Life Financial has joined over 130 Boston area companies by signing onto the 100 percent Talent: The Boston Women's Compact, pledging commitment to leveling the playing field for working women, the company said. This commitment represents one of many by Sun Life to embrace a diverse workforce and advance equality. The Boston Women's Workforce Council, an initiative of Boston Mayor Marty Walsh, is a partnership between the City of Boston and Simmons..."/>
Sun Life Financial signs onto 100 percent Talent: Boston Women's Compact
Manulife Floating Rate Senior Loan Fund announced today that a monthly cash distribution in the amount of C $0.05625 per Class A Unit of the Fund and US $0.05625 per Class U Unit of the Fund, will be paid on August 15, 2016 to unitholders of record as of July 29, 2016.. A unitholder who has continually held units since inception will have received a total of C $2.42940 per Class A Unit and US $2.45586 per Class U Unit as of the payment date. For more information,..."/>
Manulife Floating Rate Senior Loan Fund Announces Monthly Distribution for Class A and Class U Units
Manulife U.S. Regional Bank Trust announced today that a monthly cash distribution in the amount of C $0.04160 per Class A Unit of the Fund and US $0.04160 per Class U Unit of the Fund, will be paid on August 15, 2016 to unitholders of record as of July 29, 2016.. A unitholder who has continually held units since inception will have received a total of C $0.9568 per Class A Unit and US $0.9568 per Class U Unit as of the payment date."/>
Manulife U.S. Regional Bank Trust Announces Monthly Distribution For Class A and Class U Units
Northeast Indiana Bancorp, Inc., the parent company of First Federal Savings Bank, today announced net income for the six months ended June 30, 2016 increased $149,000 or 8.3% to $1.96 million compared to net income of $1.81 million for the six months ended June 30, 2015. The current six months earnings equates to an annualized ROA of 1.34% and an ROE of 11.72% compared to an annualized ROA of 1.31% and an annualized ROE of 11.63% for the six..."/>
Northeast Indiana Bancorp, Inc. Announces Year To Date And Second Quarter Earnings
Bluerock Residential Growth REIT, Inc. announced today the completion of its underwritten public offering of 2,300,000 shares of its 7.625% Series C Cumulative Redeemable Preferred Stock, liquidation preference of $25.00 per share, including 300,000 shares of Series C Preferred Stock issued pursuant to the full exercise of an option to purchase additional shares of Series C Preferred Stock granted to the underwriters, at a price to the..."/>
Bluerock Residential Growth REIT (BRG) Announces Closing of Public Offering of Series C Preferred Stock and Full Exercise of Underwriters' Option

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