Industry News

Chicopee Bancorp, Inc., the holding company for Chicopee Savings Bank, announced the unaudited results of operations for the three and six months ended June 30, 2016.. The Company also announced on July 22, 2016, that its Board of Directors declared a quarterly cash dividend of $0.09 per share. Stockholders of record on August 5, 2016 will receive the cash dividend on or about August 19, 2016.."/>
Chicopee Bancorp, Inc. Reports Second Quarter Results and Announces Quarterly Cash Dividend of $0.09 per Share
Fortress Investment Group LLC. Zhonghong is principally engaged in the development and operation of tourism-related properties and commercial real estate. Abercrombie& Kent will retain its..."/>
Luxury Travel Leader Abercrombie & Kent to Continue Innovation With New Investor
Lennar Corp., is offering the money for options, upgrades or closing costs to buyers who commit during the model grand opening weekend. Summit Reserve has 73 single-family homes priced from the $300,000 s."/>
Real Estate Notebook: $5,000 incentive for homebuyers in Greenacres [Sun Sentinel]
Waterstone Financial, Inc., holding company for WaterStone Bank, reported net income per diluted share of $0.29 for the quarter ended June 30, 2016, which represents a 70.6% increase compared to net income per diluted share of $0.17 for the quarter ended June 30, 2015 and a 107.1% increase compared to net income per diluted share of $0.14 for the quarter ended March 31, 2016. Net income per diluted share was $0.43 for the six months ended June..."/>
Waterstone Financial Announces Results of Operations for Quarter and Six Months Ended June 30, 2016
Mondelez International, maker of Oreo and Cadbury chocolate, likely is mounting another offer to take over chocolate giant Hershey after its $26 billion offer was rebuffed late last month, some analysts say. Whether the Deerfield-based global snack and confectionery company will succeed in its complicated Hershey quest or become acquired by another company, such as Kraft Heinz, has emerged as one of the more compelling food business storylines of the summer."/>
Sweet dreams? Oreo-maker Mondelez could make another bid to buy Hershey [Chicago Tribune]
HarborOne Bancorp, Inc., the holding company for HarborOne Bank, reported a net loss of $681,000 for the quarter ended June 30, 2016 compared to net income of $124,000 for the first quarter of 2016 and net income of $1.1 million for the second quarter of 2015. The Company reported a net loss of $557,000 for the six months ended June 30, 2016 compared to net income of $2.0 million for the same period in 2015. The Company’ s results for the quarter ended June 30, 2016..."/>
HarborOne Bancorp, Inc. Announces Second Quarter 2016 Earnings
Highwoods Properties, former owner of Kansas City's Country Club Plaza shopping district, has sold two of the four Plaza-area office buildings that weren't included in retail center's sale. The real estate services company CBRE Group Inc. said Friday that the building at 801 W. 47th St. was sold to Price Brothers Development Co., an entity that already owns adjacent property. Highwood's former building at 4600 Madison was sold to Stanton Road Capital LLC, an investment..."/>
Highwoods sells two of its remaining KC properties [The Kansas City Star]
Fifth Third Bancorp has announced the formation of a dedicated group to serve the financial services needs of the technology, media and telecommunications industry. The team is led jointly by Pete Foley and Kevin Khanna, both of whom bring extensive expertise and knowledge in the industry. “The creation of this vertical business unit allows Fifth Third to dedicate a team of resources to provide customized solutions to one of the fastest growing industry sectors in..."/>
Fifth Third Bancorp Announces Technology, Media & Telecommunications Vertical
Norwood Financial Corp and its subsidiary, Wayne Bank, announced earnings for the three months ended June 30, 2016 of $1,878,000. This represents a decrease of $85,000, from the $1,963,000 earned in the similar period of 2015 due primarily to increases in operating expenses and the provision for loan losses. Earnings per share were$. 51 in the 2016 period, decreasing from the$. 53 earned in the..."/>
Norwood Financial Corp Announces Second Quarter Earnings
Brookfield Canada Office Properties announced today that it has entered into an agreement to lease 140,000 square feet to Scotiabank at the company's Brookfield Place Calgary East development. Taking this new agreement into account, the development is 81% pre-leased. "The signing of Scotiabank at Brookfield Place Calgary is a prime example of the continued demand for modern, efficient work environments provided by a trusted developer and landlord like..."/>
Brookfield Canada Office Properties Enters Into Agreement With Scotiabank to Lease 140,000 Square Feet at Brookfield Place Calgary
Ambac Financial Group, Inc., a holding company whose subsidiaries provide financial guarantees and other financial services, will release its second quarter 2016 earnings on August 9, 2016, following the close of the market.. On August 10, 2016 at 8:30am, Nader Tavakoli, President and Chief Executive Officer, and David Trick, Chief Financial Officer and Treasurer, will discuss second quarter 2016 results during a live conference call."/>
Ambac to Release Second Quarter 2016 Earnings on August 9, 2016
Banco Bradesco S.A. American Depository Shares between April 30, 2012 and May 31, 2016, inclusive."/>
GPM Reminds Investors of the August 2 Deadline in the Class Action Lawsuit Against Banco Bradesco S.A.
True North Commercial Real Estate Investment Trust is pleased to announce it has closed the acquisition of an office property located at 6865 Century Avenue, Mississauga, Ontario. The Century Property is a two-story office building situated on 2.66 acres with a total of approximately 64,000 rentable square feet and 226 surface parking stalls with direct exposure from Highway 401 and is well situated with excellent..."/>
True North Commercial Real Estate Investment Trust Completes Acquisition in the Greater Toronto Area
Wells Financial Corp., the holding company of Wells Federal Bank, announced net income for the second quarter of 2016 of $523,000, down $27,000 or 4.9%, when compared to the second quarter of 2015."/>
Wells Financial Corp. Announces Second Quarter Results of Operations
Pacific Continental Corporation, the holding company of Pacific Continental Bank, has approved a regular cash dividend of USD0.11 per share, the company said. The dividend is payable August 16, to shareholders of record as of August 2.. Pacific Continental Bank has USD2.0 billion in assets, and delivers banking services through 14 banking offices in Oregon and Washington."/>
Pacific Continental declares regular dividend
Bank Mutual Corporation has reported net income of USD3.9 million in the second quarter 2016, a 10 percent increase over net income of USD3.6 million in the same quarter of 2015, the company said. Year-to-date, Bank Mutual Corporation reported net income of USD8.4 million 2016 compared to USD7.1 million in the same six-month period in 2015.. Bank Mutual's net interest income increased by USD556, 000 or 3.3 percent and by USD1.0 million or 3.1 percent during the three and six..."/>
Bank Mutual reports net income of USD4m in Q2 2016
BancorpSouth, Inc. has reported net income of USD34.7 million for the second quarter of 2016, compared with net income of USD39.7 million for the second quarter of 2015 and net income of USD22.5 million for the first quarter of 2016, the company said. The company reported net operating income-- excluding MSR of USD37.2 million, or USD0.39 per diluted share, for the second quarter of 2016 compared to USD37.0 million, or USD0.39 per diluted share, for the second quarter of 2015 and..."/>
BancorpSouth reports Q2 2016 USD34m in net income
Parke Bancorp, Inc., the parent company of Parke Bank, has reported net income available to common shareholders of USD8.3 million, for the quarter ended June 30, 2016, compared to net income available to common shareholders of USD2.2 million for the quarter ended June 30, 2015, an increase in net income of 275.5 percent, the company said. Net income available to common shareholders year-to-date was USD10.7 million or USD1.26 per diluted common share, compared to USD4.4 million,..."/>
Parke Bancorp reports Q2 2016 net income of USD8m
Fidelity National Financial, Inc. has declared an FNF Group quarterly cash dividend of USD0.21 per share, the company said. The dividend will be payable September 30, 2016, to stockholders of record as of September 16, 2016.. Fidelity National Financial, Inc. is organized into two groups, FNF Group and FNFV Group."/>
Fidelity National Financial declares quarterly cash dividend

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