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ICRA Lanka reaffirms long & short term ratings of First Capital Holdings

2017-10-11 lankabusinessonline
ICRA Lanka Limited, subsidiary of ICRA Limited, a group company of Moody’s Investors Service, has reaffirmed the issuer rating of [SL]A- (pronounced SL A minus) with stable outlook for First Capital Holdings PLC (FCH or the company). ICRA Lanka has also reaffirmed the issue rating of [SL]A- (pronounced SL A minus) with stable outlook for the LKR 314.6 Mn type B and type C senior unsecured redeemable debenture programme of the company.

Sri Lanka to add dollar-denominated board to Colombo Stock Exchange: OBG report

2017-10-11 lankabusinessonline
Oct 11, 2017 (LBO) – The Colombo Stock Exchange (CSE) is finalising plans to launch a dollar trading board, part of a broader strategy to develop Sri Lanka’s bourse into a regional capital markets centre and boost the inflow of foreign funds, research and consultancy firm Oxford Business Group (OBG) said.

Don't Count Out Prem Watsa And Fairfax

2017-10-02 seekingalpha
Fairfax (OTCPK:FRFHF) is Canada’s answer to Berkshire Hathaway (NYSE:BRK.A), (NYSE:BRK.B). The company is in insurance and various investments just like Berkshire. Prem Watsa, Fairfax’s CEO, is one of the most respected value investors in business and has a phenomenal track record. Investors have cooled on the stock because the book value hasn't grown in several years. Watsa is sitting on a hoard of cash, waiting for a big pullback. (35-1)

First Capital Securities denies JD.com unit to purchase stake

2017-09-17 reuters
BEIJING (Reuters) - Chinese brokerage First Capital Securities Co Ltd (002797.SZ) denied on Sunday that a unit of e-commerce firm JD.com (JD.O) was in talks to purchase a 24 percent stake.

Corporate News Blog - PHH Corp. Purchase its Shares Via a Tender Offer

2017-08-14 accesswire
LONDON, UK / ACCESSWIRE / August 14, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for PHH Corp. (NYSE: PHH), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=PHH. The Company announced on August 11, 2017, that it would be purchasing its common stock for a total amount of up to $266 million in cash.

Either China's Bond Market Or Commodities Are Getting It Wrong - Bloomberg

2017-08-13 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

First Capital Realty's (FCRGF) CEO Adam Paul on Q2 2017 Results - Earnings Call Transcript

2017-08-04 seekingalpha
First Capital Realty Inc. (OTC:FCRGF) Q2 2017 Earnings Conference Call August 3, 2017 2:00 PM ET

Park Sterling Corporation Announces Results for Second Quarter 2017

2017-07-27 marketwired
CHARLOTTE, NC --(Marketwired - July 27, 2017) - Park Sterling Corporation (NASDAQ: PSTB), the holding company for Park Sterling Bank, today released unaudited results of operations and other financial information for the second quarter of 2017.

First Financial Bancorp's (FFBC) CEO Claude Davis on Q2 2017 Results - Earnings Call Transcript

2017-07-26 seekingalpha
Good day. And welcome to the First Financial and MainSource Merger Announcement and Second Quarter 2017 Earnings Conference Call and Webcast. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

HSBC, Bank of East Asia get green light for mainland securities joint ventures

2017-06-30 scmp
Deal makes HSBC the first foreign bank to hold a majority stake in a mainland securities joint venture

Reliable Dividend Bank Stocks: Valuations & Recommendations

2017-06-26 seekingalpha
These 30 reliable dividend bank stocks as a group have created alpha over 1, 3, 5, and 10 years.

Central Bank expected to keep key rates unchanged: First Capital

2017-06-21 lankabusinessonline
June 21, 2017 (LBO) – The Central Bank of Sri Lanka is expected to keep key interest rates unchanged in its monthly monetary policy announcement on Friday, with slower first quarter growth and a deceleration in inflation contributing to the decision, First Capital Research said in a pre-policy research note.

Oxford Business Group launches new publication on Sri Lanka economy

2017-06-19 lankabusinessonline
Sri Lanka’s plans to capitalise on high levels of investor confidence and a $1.5bn deal with the IMF to implement a much‐needed modernisation drive and structural reforms are mapped out in a new report just produced by the global research and consultancy firm Oxford Business Group (OBG).

Finding Alpha In Reliable Dividend Banks

2017-06-14 seekingalpha
The holy grail of investing is finding stocks that perform better than the S&P 500 over the short and long term while exhibiting low volatility.

Sell-off in China’s pledged stocks may be double Hong Kong’s GDP

2017-05-28 scmp
With the continual decline of Chinese equities, the 5.4 trillion yuan worth of stocks pledged as borrowing collaterals stand at risk of being sold off

Gazit-Globe (GZT) CEO Dori Segal on Q1 2017 Results - Earnings Call Transcript

2017-05-23 seekingalpha
Ladies and gentlemen, thank you for standing by. Welcome to the Gazit-Globe First Quarter 2017 Results Conference Call. At this time, all participants are in a listen-only mode. There will be a presentation followed by question-and-answer session. I advise you that this conference is being recorded today, Tuesday, May 23, 2017.

First Capital reports PAT of Rs231 mln for year

2017-05-22 lankabusinessonline
Press Release: First Capital Holdings PLC, a full service investment bank providing a diverse range of advisory services and financial products through its subsidiaries, (First Capital Group) reported a consolidated profit after tax of Rs. 231Mn for the year 2016/17 compared to Rs. 47Mn in the previous year.

Esports Entertainment Group Closes Over Subscribed Financing with Total Proceeds of $1.2 Million to Launch Esports Wagering Platform and Operations

2017-05-18 marketwired
ST. MARY'S, ANTIGUA--(Marketwired - May 18, 2017) - VGambling Inc./Esports Entertainment Group Inc. (OTCQB: GMBL) (or the "Company"), a licensed online gambling company with a specific focus on esports wagering, is pleased to announce the closing of its previously announced financing, for total proceeds of $1,200,000.

Sri Lanka foreign reserves fall to 7-year low in March

2017-04-19 lankabusinessonline
Apr 19, 2017 (LBO) – Sri Lanka’s external reserves have fallen to a 6.9 year low after country’s reserves dropped almost 9 percent to 5.12 billion US dollars in March 2017, a research note showed.

First Capital Bolsters Management Team With Appointment Of Chief Financial Officer

2017-04-18 prnewswire
NEW YORK, April 18, 2017 /PRNewswire/ -- First Capital Real Estate Trust Incorporated ("First Capital"), a Maryland public non-traded real estate investment trust ("REIT"), today announced that Stephen M. Johnson has joined First Capital as Chief Financial Officer. Mr. Johnson will be responsible for overseeing all aspects of the finance function, including capital market activities, financial reporting, accounting, tax and internal audit.

China Tipped to Boost Liquidity Again as Bank Tax Payments Loom - Bloomberg

2017-04-06 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Sri Lanka Dec quarter listed company earnings +5 pct: First Capital

2017-04-03 lankabusinessonline
Apr 03, 2017 (LBO) – Earnings of Sri Lanka’s listed companies grew 5 percent, year-on-year, during the December quarter supported by the banking and diversified sectors, First Capital said in a research report.

First Capital Real Estate Trust Incorporated And PhotoMedex, Inc. Announce Entry Into Contribution Agreement

2017-03-31 prnewswire
NEW YORK, March 31, 2017 /PRNewswire/ -- First Capital Real Estate Trust Incorporated ("First Capital"), a Maryland real estate investment trust ("REIT"), today announced that on March 31, 2017 it entered into an Interest Contribution Agreement ("Agreement") with PhotoMedex, Inc. a Nevada corporation (NASDAQ: CM and TASE: PHMD), and with a wholly owned subsidiary of PhotoMedex, pursuant to which First Capital is obligated or has an option to contribute its interests in certain properties (or the entities having or which expect to acquire rights to such properties) in a series of installments by no later than December 31, 2017, subject to the satisfaction of certain conditions set forth in the Agreement, in exchange for these interests, PhotoMedex is obligated to issue shares of its common stock ("Common Stock") and newly designated Series A Convertible Preferred Stock  ("Preferred Stock"), as described below.

First Capital Takes Another Step Towards Completing Its Strategic Transaction With Presidential Realty

2017-03-31 prnewswire
NEW YORK, March 31, 2017 /PRNewswire/ -- First Capital Real Estate Trust Incorporated ("First Capital"), a public non-traded real estate investment trust ("REIT") incorporated in Maryland, today announced it has entered into a second amendment to the previously announced Interest Contribution Agreement dated December 16, 2016, as amended, with Presidential Realty Corporation (OTC: PDNLA/PDNLB) ("Presidential"), a REIT incorporated in Delaware.

CUSIP: 31942S104