business news

Business News: ICC Holdings, Inc. Discloses Plan for Niche Expansion into the Cannabis Market

ROCK ISLAND, IL – ICC Holdings, Inc. (NASDAQ: ICCH) (the Company), parent company of Illinois Casualty Company, a regional, multi-line property and casualty insurance company focusing primarily on the food and beverage industry, today reported that the Board of Directors has authorized management to evaluate options for offering its current insurance policies to cannabis-related businesses.  … Continue reading Business News: ICC Holdings, Inc. Discloses Plan for Niche Expansion into the Cannabis Market

SEC News: SEC Files Subpoena Enforcement in Possible Market Manipulation Scheme

Securities and Exchange Commission v. NVC Fund LLC and Frank Ekejija, No. 2:18-mc-00164 (C.D. Cal. filed November 30, 2018) WASHINGTON – The Securities and Exchange Commission (SEC) filed a subpoena enforcement action against NVC Fund LLC and its principal, Frank Ekejija, seeking an order directing them to comply with an investigative subpoena for documents and testimony. … Continue reading SEC News: SEC Files Subpoena Enforcement in Possible Market Manipulation Scheme

Business News: Duke Energy to consolidate Uptown Charlotte office space with new building, reaffirming its commitment to Uptown

Duke Energy plans to reduce occupied space in the Uptown Charlotte area by approximately 25 percent CHARLOTTE, N.C. – Duke Energy today announced it will construct a 39-floor office tower to house employees currently scattered among several aging Uptown Charlotte buildings.  The move will reduce the company’s overall footprint in the Uptown Charlotte area by … Continue reading Business News: Duke Energy to consolidate Uptown Charlotte office space with new building, reaffirming its commitment to Uptown

Business News: GE Board of Directors Authorizes Regular Quarterly Dividend

BOSTON, MA – The Board of Directors of GE (NYSE: GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company.  The dividend is payable January 25, 2019 to shareowners of record at the close of business on December 20, 2018.  The ex-dividend date is December 19, 2018. SOURCE: news … Continue reading Business News: GE Board of Directors Authorizes Regular Quarterly Dividend

Federal Reserve News: FRB announces approval of application by Cadence Bancorporation

WASHINGTON – The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Cadence Bancorporation, Houston, Texas, to acquire State Bank Financial Corporation (SBFC), Atlanta, Georgia, and thereby indirectly acquire SBFC’s subsidiary bank, State Bank and Trust Company, Macon, Georgia. PDF __ … Continue reading Federal Reserve News: FRB announces approval of application by Cadence Bancorporation

Business News: Amgen Announces 10 Percent Increase In 2019 First Quarter Dividend

THOUSAND OAKS, CA – Amgen (NASDAQ:AMGN) today announced that its Board of Directors declared a $1.45 per share dividend for the first quarter of 2019.  The dividend will be paid on March 8, 2019, to all stockholders of record as of the close of business on Feb. 15, 2019.  This represents a 10 percent increase … Continue reading Business News: Amgen Announces 10 Percent Increase In 2019 First Quarter Dividend

Business News: Quanta Services Initiates Quarterly Cash Dividend

HOUSTON, TX – Quanta Services, Inc. (NYSE:PWR) announced today that its Board of Directors has declared an initial quarterly cash dividend to stockholders.  This initial quarterly dividend of $0.04 per share, a rate of $0.16 per share on an annualized basis, will be paid on January 16, 2019, to stockholders of record as of the … Continue reading Business News: Quanta Services Initiates Quarterly Cash Dividend