Industry News

Morningstar, Inc., a leading provider of independent investment research, has published a summary of Morningstar Analyst Rating™ activity for 99 U.S. funds that occurred in September 2016. The Morningstar Analyst Rating for funds represents Morningstar's conviction in the fund's ability to outperform on a risk-adjusted basis over the long term. The five-tiered, qualitative Morningstar Analyst Rating scale has three positive levels,..."/>
Morningstar Upgrades Analyst Rating for Four U.S. Funds; Downgrades Five Funds; Affirms Ratings on 51 Funds in September
Nasdaq today reported monthly volumes for September 2016, as well as quarterly volumes and estimated revenue capture for the quarter ending September 30, 2016, on its investor relations website.. A data sheet showing the monthly volumes and quarterly capture rates can be found at: About Nasdaq Nasdaq is a leading provider of trading, clearing, exchange technology, listing, information and public company..."/>
Nasdaq September 2016 Volumes, 3Q16 Est. Revenue Capture
Heritage Insurance Holdings, Inc., a property and casualty insurance holding company, announced today that its subsidiary, Heritage Property& Casualty Company is working diligently to adjust and pay claims of its insureds that were impacted by Hurricane Matthew. Bruce Lucas, Chairman and CEO of Heritage said, "Our claims support and mitigation teams continue their tireless efforts to reach policyholders and provide assistance during..."/>
Heritage Insurance Holdings, Inc. Provides Update to Hurricane Matthew Initial Loss Projections
Triangle Capital Corporation, a leading provider of capital to lower middle market companies, announced today that it closed a $27.6 million second lien debt investment in KidKraft, Inc., a designer and distributor of toys and playsets for children.. Triangle Capital Corporation invests capital in established companies in the lower middle market to fund growth, changes of control and other corporate events. Triangle offers a wide variety of investment..."/>
Triangle Capital Corporation Invests $27.6 Million in KidKraft, Inc.
Janus Capital Group Inc. by Henderson Group plc. On October 3, 2016, the two companies announced a merger of equals pursuant to which the combined company will be named Janus Henderson Global Investors plc. Under the terms of the agreement, Janus shareholders will receive 4.7190 newly issued shares in Janus Henderson, the value of which is equivalent to $14.06..."/>
Robbins Arroyo LLP: Acquisition of Janus Capital Group Inc. (JNS) by Henderson Group plc (HGG) May Not Be in Shareholders' Best Interests
AmTrust Financial Services, Inc., announced today that it plans to release its third quarter and nine months 2016 results before the market opens on Thursday, November 3, 2016. At 10:00 AM ET that same day, CEO and President, Barry Zyskind, and CFO, Ron Pipoly, will review results and discuss business conditions via a conference call and webcast that may be accessed as follows:. A replay of the conference call will be accessible from 1:00 PM ET on Thursday, November..."/>
AmTrust Financial Services, Inc. to Announce Third Quarter and Nine Months Results on Thursday, November 3, 2016
Facebook has arrived, and Shelly Marsh knows it because her customers keep trying to pay for their hashbrowns, biscuits and sourdough pancakes with American Express credit cards. "We don't take American Express because the fees are too high," said Marsh, co-owner of the popular diner Dad's Place in Prineville, Ore. "But that's what they use at Facebook."/>
High-tech attraction: What to expect when you're expecting Facebook [Albuquerque Journal, N.M.]
Rich Drab Joins Marsh to Lead Dovetail Insurance
KeyCorp completed its purchase of First Niagara Financial Group on July 29 and received regulatory approval for the $3.6 million merger on Sept. 22.."/>
BRIEF: Good-bye First Niagara, hello KeyBank [The Morning Call (Allentown, Pa.)]
First Interstate BancSystem, Inc., parent company of First Interstate Bank, will report third quarter results after the market closes on Monday, October 24, 2016. A conference call for investors is scheduled for Tuesday, October 25, 2016 at 11:00AM ET during which the Company will discuss quarterly results. There will be a question and answer session following the presentation."/>
First Interstate BancSystem, Inc. Announces Third Quarter Earnings Release and Conference Call
United Security Bancshares, Inc., today announced that it will change its corporate name to First US Bancshares, Inc., effective Tuesday, October 11, 2016. The name change is part of an overall rebranding effort for the Company and its banking subsidiary, First US Bank.. “Our recent rebranding of First US Bank has been met with an overwhelmingly positive response, and we seek to increase our name recognition as we expand into new markets by more closely..."/>
United Security Bancshares, Inc. Announces Name Change
TD Ameritrade Holding Corporation is today releasing the Investor Movement Index ® reading for September 2016. The Investor Movement Index, or the IMX SM, is a proprietary, behavior-based index created by TD Ameritrade that aggregates Main Street investor positions and activity to measure what investors are actually doing and how they are positioned in the..."/>
TD Ameritrade Investor Movement Index: IMX Matches Equity Markets at Their High Point
Ally Financial Inc., is observing the second annual National Online Bank Day, recognized each year on the second Monday in October. To celebrate the occasion, the bank is introducing a new certificate of deposit product, Select CD, which features a limited time only promotional rate and term. As a leader in the online banking landscape, Ally established National Online Bank Day in 2015 to emphasize the compelling value..."/>
Ally Celebrates Second Annual National Online Bank Day
State Street Global Advisors, the asset management business of State Street Corporation, today called on corporate boards to develop principles for engaging with activist investors to promote long-term value creation and sustainable economic growth. This comes in response to new research from a report by Lazard’ s Corporate Preparedness Group, 1 showing that more companies are reaching quick settlements with..."/>
State Street Global Advisors Calls on Corporations to Protect Long-Term Shareholder Interests in Activist Engagements
Stewart Information Services Corp. announced today it will hold a conference call to discuss third quarter 2016 earnings at 8:30 a.m. Eastern Time on Thursday, October 20, 2016. The call will follow the company’ s release of earnings at 6:15 a.m. that day. Individuals wishing to participate can dial 632-3384 and 424-1675– access code STCQ316."/>
Stewart Information Services Corporation Announces 3rd Quarter 2016 Earnings Conference Call

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