Posted on 2/1/17
Old Point Financial And Morgan Marrow To Establish Insurance Company
Old Point Financial Corp. and Morgan Marrow Co. have agreed to establish Old Point Insurance LLC, which will be a wholly-owned subsidiary of Old Point National . . .
Posted on 2/1/17
SS&C Relocates New York City Offices to Dynamic Midtown Location
SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced it has signed a 15-year lease for 135,571 square . . .
Posted on 2/1/17
Evercore and Luminis Partners Strengthen Strategic Alliance
Evercore (NYSE: EVR), a leading global independent investment banking advisory firm based in New York, and Luminis Partners, an independent corporate advisory firm based in Sydney, . . .
Posted on 2/1/17
Medley Launches Sierra Total Return Fund
NEW YORK--(BUSINESS WIRE)--Medley Management Inc. (NYSE: MDLY), a credit-focused asset management firm, today announced the launch of Sierra Total Return Fund, a closed-end investment management company . . .
Posted on 2/1/17
Crystal Financial Provides Acquisition Financing for Model N
BOSTON--(BUSINESS WIRE)--Crystal Financial LLC, an independent commercial finance company, announced its investment in a $50.0 million Term Loan Facility for Model N, Inc. (NYSE: MODN). Based . . .
Posted on 1/31/17
Capstone Partners Advises The DiSTI Corp. on its Partnership with Dos Rios Partners and Akoya Capital Partners
Capstone Partners LLC, a leading investment banking firm, announced that it has successfully advised
Posted on 1/31/17
Heritage Financial Consultants Named a Best-Run Company by SmartCEO
Heritage Financial Consultants, a preeminent Mid-Atlantic wealth management firm providing comprehensive financial services, today announced that SmartCEO selected the firm as a 2017 Best-Run Company.SmartCEO’s Best-Run . . .
Posted on 1/31/17
Fidelity vs. TD Ameritrade: Best IRA Companies
Individual retirement accounts can be a great way to save for the future, offering tax efficiency and more choice than employer-sponsored retirement accounts. By opening a . . .
Posted on 1/30/17
T. Rowe Price As A 'Low Bar' Investment
Maryland-based asset management firm T. Rowe Price (NASDAQ:TROW) strikes me as a "low bar" type of investment for a number of reasons. What I mean by . . .
Posted on 1/30/17
Virtus Investment Partners Prices Public Offerings of Common Stock
Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that it has priced its concurrent underwritten public offerings, consisting of . . .
Posted on 1/27/17
How Risky Is New York Community Bank?
The main source of revenue for any bank is lending out money, and then getting the money back with interest. Anybody can lend out money -- . . .
Posted on 1/27/17
FNCB Bancorp Reports 2016 Earnings of $6.3 Million
DUNMORE, Pa., Jan. 26, 2017 (GLOBE NEWSWIRE) -- FNCB Bancorp, Inc. (OTCQX:FNCB), the parent company of Dunmore-based FNCB Bank, today reported net income of $6.3 million, . . .
Posted on 1/27/17
Capstone Partners Receives High Industry Recognition
Capstone Partners LLC, a leading investment banking firm, was recognized as the recipient of 11 industry awards in 2016. For the third consecutive year the firm . . .
Posted on 1/26/17
Viking's Sub Secures Credit Facility with Commercial Bank
Viking Investments Group, Inc. (OTC PINK: VKIN) is pleased to announce its wholly-owned subsidiary, Mid-Con Petroleum, LLC, obtained a revolving line of credit facility from CrossFirst Bank, . . .
Posted on 1/26/17
Capstone Partners Receives High Industry Recognition
Capstone Partners LLC, a leading investment banking firm, was recognized as the recipient of 11 industry awards in 2016. For the third consecutive year the firm . . .
Posted on 1/26/17
T. Rowe Price Earnings Surpass Estimates, But Stock Drops Due To Client Outflow
T. Rowe Price Group Inc., a money management firm based in Baltimore, reported fourth quarter earnings rose 25.3 percent and beat analyst estimates due to the . . .
Posted on 1/26/17
T. Rowe Price Group Reports Fourth Quarter And Annual 2016 Results
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its fourth quarter of 2016 results, including net revenues of $1.1 billion, net income of $379.8 million, . . .
Posted on 1/26/17
Virtus Investment Partners Proposes Stock Offerings
Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that it is commencing concurrent underwritten public offerings of $100 million . . .
Posted on 1/25/17
Joyal Capital Management announces Recent Real Estate Private Equity Investments through the JCM Opportunity Fund
The JCM Opportunity Fund I, LLC is pleased and excited to announce its most recent investment – a to-be-developed, fifty-six unit condominium development in the rapidly-growing . . .
Posted on 1/25/17
Fidelity Total Bond Fund Portfolio Managers Named 2016 Morningstar U.S. Fixed-Income Fund Manager of the Year
BOSTON--(BUSINESS WIRE)--Fidelity Investments® today announced that Morningstar, Inc. has awarded its 2016 Fixed-Income Fund Manager of the Year in the United States to the portfolio managers . . .
Posted on 1/25/17
Korea Equity Fund Board of Directors Determines to Adopt a Plan to Liquidate the Fund
Korea Equity Fund, Inc. (NYSE: KEF) announced that the Board of Directors of the Fund, after considering alternative options for the Fund, has determined to approve . . .
Posted on 1/25/17
Cricket Valley Energy Center Closes Financing of $1.584 Billion Energy Center in Dover, New York
DOVER, N.Y.--(BUSINESS WIRE)--Cricket Valley Energy Center, LLC, announced today the successful financial close for the construction of the $1.584 billion Cricket Valley Energy Center, a fully-permitted . . .
Posted on 1/24/17
Evolution Wellness Seeks $1.2M In Private Equity
Evolution Wellness LLC wants to raise $1.2 million in shares in a private stock offering, according to a Securities and Exchange Commission filing.The Baltimore-based health care . . .
Posted on 1/24/17
Viking Recognized for Investment in Kansas Oil
Viking Investments Group, Inc. (OTCQB: VKIN) is pleased to announce it received a tribute from the Senate of the State of Kansas recognizing the company for its . . .
Posted on 1/24/17
Xplore Technologies Invests in Customer Service, Expands Worldwide Service Organization
AUSTIN, Texas, Jan. 24, 2017 (GLOBE NEWSWIRE) -- Xplore Technologies Corp. (NASDAQ:XPLR) today announced that it has completed a significant expansion of its global support and . . .
