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Press Releases

  • SIOUX FALLS, S.D., May 22, 2017-- Raven Industries, Inc. today reported financial results for the first quarter that ended April 30, 2017.. Net sales increased more than 35 percent, with all divisions achieving greater than 20 percent growth year-over-year; Operating income increased more than $10 million year-over-year, driven primarily by volume leverage in...

  • KNOXVILLE, Tenn., May 22, 2017-- SmartFinancial, Inc., parent company of SmartBank, and Capstone Bancshares, Inc., parent company of Capstone Bank, jointly announced today the signing of a definitive merger agreement pursuant to which SmartFinancial will acquire Capstone. Established in 2007, SmartBank has more than $1 billion in assets and operates 14 branches...

  • BEIJING, May 22, 2017/ PRNewswire/-- Zhaopin Limited, a leading career platform in China focused on connecting users with relevant job opportunities through their career lifecycle, today announced its unaudited financial results for the third quarter ended March 31, 2017.. Total revenue increased by 30.3% to RMB492.8 million. Online recruitment services...

  • LONDON---- Luxoft Holding, Inc, a leading provider of software development services and innovative IT solutions to a global client base, today announced results for the three months and the full financial year ended March 31, 2017. US GAAP revenue amounted to $204.1 million, an increase of 20.6% year over year and an increase of 22.0% year over year on a constant...

  • INDIANAPOLIS, May 22, 2017/ PRNewswire/-- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P.,, has agreed to sell $600 million principal amount of its 2.625% senior notes due June 15, 2022, and $750 million principal amount of its...

  • HARTFORD, Conn., May 22, 2017/ PRNewswire/-- The Virtus Total Return Fund Inc. today announced that Randle L. Smith, CFA, senior portfolio manager and senior analyst at Duff& Phelps Investment Management Co., a subadviser to the fund, will retire as co-portfolio manager of the fund, effective June 30, 2017. Connie M. Luecke, CFA, senior portfolio manager, of Duff& Phelps and...

  • Net income attributable to IHC of $8,529,000, or$. 49 per share diluted, for the three months ended December 31, 2016 increased from $4,933,000, or$. 28 per share diluted, in the same period of 2015. Income from continuing operations increased to$. 44 per share, diluted, or $7,753,000, for the three months ended December 31, 2016 compared to$. 21 per share, diluted, or...

  • PROVIDENCE, R.I.---- Citizens Financial Group, Inc. today announced the pricing of senior unsecured notes offerings by Citizens Bank, N.A. of $1.5 billion aggregate principal amount, consisting of:. $500 million 2.200% fixed-rate notes due 2020 $250 million floating-rate notes due 2020 with an interest rate of 3- month LIBOR plus 0.57% $500 million 2.650%...

  • WESTLAKE VILLAGE, Calif.---- PennyMac Mortgage Investment Trust announced today that its Board of Trustees, in accordance with the terms of PMT’ s 8.125 Percent Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares, declared a Series A Preferred Share dividend of $0.54167 per share for the second quarter of 2017. About PennyMac Mortgage...

  • STAMFORD, Conn., May 22, 2017-- Independence Holding Company announced today that it intends to commence a tender offer within the next week to purchase up to 2,000,000 shares of its common stock at a price per share of $20.00. On May 19, 2017, the closing price of IHC common stock on the New York Stock Exchange was $17.30 per share. The Board of Directors of IHC has...

  • SAN FRANCISCO, May 22, 2017/ PRNewswire/-- Marcato Capital Management LP, a San Francisco- based investment manager which manages funds that now beneficially own approximately 9.9% of the outstanding common shares of Buffalo Wild Wings, Inc., today published a detailed FAQ that answers pertinent questions Marcato has received in connection with its proxy...

  • PARSIPPANY, N.J., May 22, 2017/ PRNewswire/-- PBF Energy Inc. announced today that its indirect subsidiary, PBF Holding Company LLC, priced $725 million in aggregate principal amount of 7.25% senior notes due 2025 in a private offering. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. PBF Holding intends to use the net...

  • BENTONVILLE, Ark., May 22, 2017-- America’ s Car-Mart, Inc. today announced its operating results for the fourth quarter and full fiscal year 2017.. The weighted average contract term increased to 32.5 months from 31.6. Net Charge-offs as a percent of average finance receivables of 8.7%, down from 9.0% for prior year quarter Accounts over 30 days past due increased...

  • Consolidated net revenues for the quarter were approximately $7.5 M, a gross profit of approximately $6.5 M and operating profit of approximately $1.2 M after adjustment for depreciation. All operating subsidiaries were profitable with Wainwright Holdings leading the way followed by Gourmet Foods in New Zealand, Brigadier Security Systems in Canada and...

  • GUANGZHOU, China, May 22, 2017-- Fanhua Inc.,,, a leading independent online-to-offline financial services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2017 1.. Total revenues grew by 61.6% compared to the first quarter of 2016 and operating income increased to RMB63.2 million, significantly higher...

  • The brands included in the transactions are Elephant Bar Restaurant, Baker Bros American Deli, and Ruby Tequila's Mexican Kitchen. Elephant Bar Restaurant, a globally inspired scratch kitchen founded in 1980, was sold via a stock purchase agreement on May 19,2017 to an affiliate of SBR, LLC. Ruby Tequila's Mexican Kitchen is an authentic Mex-Tex restaurant...

  • WHEATON, Ill.---- First Trust Mortgage Income Fund has declared the Fund’ s regularly scheduled monthly common share distribution in the amount of $0.065 per share payable on June 15, 2017, to shareholders of record as of June 5, 2017. The ex-dividend date is expected to be June 1, 2017. First Trust Advisors L.P., the Fund's investment advisor, along with its affiliate,...

  • CHARLOTTE, N.C.---- JELD-WEN Holding, Inc. today announced a secondary public offering of 14,000,000 shares of common stock by certain of the company’ s existing stockholders, including Onex Partners Manager LP and its affiliates. Morgan, Deutsche Bank Securities, RBC Capital Markets, BofA Merrill Lynch, Goldman Sachs& Co. LLC, and Wells Fargo Securities are acting...

  • WHEATON, Ill.---- First Trust New Opportunities MLP& Energy Fund has declared the Fund’ s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on June 15, 2017, to shareholders of record as of June 5, 2017. The ex-dividend date is expected to be June 1, 2017. The monthly distribution information for the Fund appears below.

  • WHEATON, Ill.---- First Trust High Income Long/Short Fund has increased its regularly scheduled monthly common share distribution to $0.1247 per share from $0.124 per share. The distribution will be payable on June 15, 2017, to shareholders of record as of June 5, 2017. Effective with the monthly distribution declared on February 21, 2017, and continuing for all...