Industry News

Strategic Internet Investments, Inc., completes its acquisition of AkCenter Shopping Center as it continues to expand its real estate portfolio in Europe and the Middle East. On July 18, 2016, SIII finalized the acquisition of the AkCenter in exchange for $66,000,000 in debentures. This purchase is the first step in a series of acquisitions in the coming weeks as SIII rapidly expands its commercial real estate portfolio."/>
SIII Closes Acquisition of AkCenter Shopping Center
Zions Bancorporation approved a regular quarterly dividend of USD0.08 per share on the company's common stock, it revealed on Friday. This dividend will be paid on 25 August 2016 to shareholders of record on 18 August 2016.. Additionally, the company commenced its stock buyback programme that included USD45m in the third quarter of 2016."/>
Zions' board approves dividend of USD0.08 per share and authorises repurchase of USD45m common stock
Eagle Financial Services Inc reported on Friday that for the second quarter ended 30 June 2016, its net income was USD1.6m or USD0.46 per diluted common share, increased by USD813, 000 from the net income of USD798, 000 or USD0.23 per diluted common share in the same quarter last year. According to the company, much of this increase related to the increase in net interest income, the decrease in the provision for loan losses and the large expense related to the June 2015 purchase of..."/>
Eagle Financial reports increased net income for 2016 Q2 over Q2 2015 and dividend of USD0.20 per share
Sierra Bancorp authorised a regular quarterly cash dividend of USD0.12 per share, the company disclosed on Friday. This 70th consecutive quarterly dividend is 9% higher than that paid a year ago and will be paid on 18 August 2016 to shareholders of record as of 4 August 2016. Also, the company said it has paid regular cash dividends every year since 1987, comprised of annual dividends from 1987 through 1998 and quarterly dividends since then."/>
Sierra Bancorp announces 70th consecutive dividend of USD0.12 per share for quarter
Fidelity Southern Corporation declared on Friday that it will pay a common stock cash dividend of USD0.12 per share for the quarter. This dividend will be paid on 15 August 2016 to shareholders of record on 2 August 2016.. Fidelity Southern operates as the holding company for Fidelity Bank, which provides financial products and services in the metropolitan Atlanta market and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets, a network of 45 branches as of 31 March..."/>
Fidelity Southern announces dividend of USD0.12 per share for Q3
Macerich announces quarterly dividend of USD0.68 per share
Ocean Shore Holding Co disclosed on Friday that its board of directors approved a quarterly cash dividend of USD0.06 per share on the company's outstanding common stock. This dividend will be paid on or about 26 August 2016 to stockholders of record as of the close of business on 5 August 2016.. Ocean Shore is the parent company of Ocean City Home Bank, operating through its ten other branches in southeastern New Jersey and providing various retail banking services."/>
Ocean Shore declares dividend of USD0.06 per share for quarter
BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets, today announced that Dean Berry will be joining BGC Partners 1 as an Executive Managing Director in its Global Electronic and Hybrid Execution team. In that capacity, Dean will join Phil Norton in leading all e-Commerce brands across BGC Partners and will report to Shaun D. Lynn, President, BGC Partners.. Dean most recently served as the Chief..."/>
BGC Partners to Add Dean Berry to its Global Electronic and Hybrid Execution Team
State Bank of India, will get around one-third of it, Rs.7, 575 crore. Among others, Indian Overseas Bank will receive Rs.3, 101 crore, Punjab National Bank Rs.2, 816 crore, Bank of India Rs.1, 784 crore, Central Bank of India Rs.1, 729 crore, Syndicate Bank Rs.1, 034 crore and Uco Bank Rs.1, 033 crore."/>
Mint, New Delhi, Tamal Bandyopadhyay column [Mint, New Delhi]
DLF Ltd, one of the first..."/>
Plans for REITs remain on drawing board [Mint, New Delhi]
Rallis India Ltd's performance in the June quarter. Standalone sales net of excise duty rose just 1%. The seeds business grew 15%, pushing consolidated sales growth to 7%."/>
Rallis India: slow start to a promising year [Mint, New Delhi]
Delek Group Ltd. gas and oil exploration units Avner Oil and Gas LP and Delek Drilling LP reported this morning that they have bid for the Cypriot government tender to buy rights in the country's economic waters. Winning such a bid would by synergistic to its operations in Israel's offshore gas fields. "Globes" was the first to report last week that Delek was about to make such a bid."/>
BRIEF: Delek bids for Cypriot exploration licenses [Globes, Tel Aviv, Israel]
Kite Pharma: founder and CEO Arie Belldegrun, director and TPG founding partner David Bonderman, and director and Two River cofounder and managing director Joshua Kazam. Following the announcement, DNA..."/>
Israeli drug developer Entera Bio raises $7.5m [Globes, Tel Aviv, Israel]
Apartments sold and rented [Globes, Tel Aviv, Israel]
Sovran Self Storage decided they needed a common name for all of those stores. Until then, Sovran had been content to run its 30 or so stores by their individual names, but as the company grew, it made sense to have a single name, both for branding purposes and so the company's advertising-- mainly in the Yellow..."/>
The Buffalo News, N.Y., David Robinson column [The Buffalo News, N.Y.]

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