Western Alliance Bancorporation (WAL) 35.24 $WAL Bridge

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Jun 13, 2016 at 2:08 PM

Western Alliance Bancorporation (WAL) 35.24 $WAL

Bridge Bank Opens New Branch in San Francisco's Financial District
PR Newswire - Mon May 23, 8:00AM CDT
Bridge Bank today announced an expansion of its regional presence with the opening of a new San Francisco branch office in the historic Russ Building in the city's financial district. The new branch location is part of the company's broader mission to offer small and mid-market businesses, and growth-oriented technology companies a better way to bank. It is the eighth location in Bridge Bank's national network of offices.
WAL: 35.24 (-0.97)

Eaton Vance (EV) Q2 Earnings: What's in Store for the Stock?
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:31AM CDT
Will Eaton Vance (EV) disappoint yet again? Or will it surpass earnings estimates this quarter? Let's see how things have shaped up for this announcement.
AB: 23.01 (+0.03), AMG: 157.00 (-2.68), WAL: 35.24 (-0.97), EV: 34.93 (-0.44)

Respite for JPMorgan: Lawsuit over Madoff Fraud Dismissed
Zacks Equity Research - Zacks Investment Research - Thu May 19, 10:04AM CDT
In a major relief to JPMorgan (JPM), U.S. District Judge John Koeltl dismissed an investor suit pertaining to losses over Bernard Madoff's Ponzi scheme.
JPM: 63.65 (-0.19), CARO: 17.06 (+0.22), WAL: 35.24 (-0.97), BK: 41.09 (-0.15)

BB&T to Shut & Consolidate 28 Units Following Two Buyouts
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:39AM CDT
BB&T (BBT) will be closing and consolidating 28 branches as part of its deal to buy Allentown, PA-based National Penn Bancshares Inc., which was completed in Apr 2016.
BBT: 36.00 (+0.08), WAL: 35.24 (-0.97), BK: 41.09 (-0.15), BMRC: 51.34 (+1.05)

Why is SEI Investments (SEIC) a Strong Buy Stock Now?
Zacks Equity Research - Zacks Investment Research - Thu May 12, 7:37AM CDT
With declining volatility and change in investors's sentiments, SEI Investments (SEIC) with its strong fundamentals and good growth potential looks like a good investment bet.
SEIC: 49.16 (-0.57), RJF: 52.74 (-0.12), WAL: 35.24 (-0.97), LPLA: 24.52 (-0.23)

GE Closes Sale of Franchise Finance U.S. Hotel Business to Western Alliance
BusinessWire - Mon Apr 25, 6:00AM CDT
--Closings to date reach $148 billion; signings total $166 billion
GE: 30.01 (-0.03), WAL: 35.24 (-0.97)

Western Alliance tops 1Q profit forecasts
Automated Insights - Thu Apr 21, 4:18PM CDT
PHOENIX (AP) _ Western Alliance Bancorp (WAL) on Thursday reported first-quarter earnings of $61.3 million.
WAL: 35.24 (-0.97)

Western Alliance Reports Record First Quarter 2016 Financial Performance and Closing of Asset Purchase
BusinessWire - Thu Apr 21, 4:12PM CDT
Western Alliance Bancorporation (NYSE:WAL) (the "Company"

announced today its financial results for the first quarter 2016, as well as the closing of the asset purchase transaction with GE Capital US Holdings, Inc. ("GE"

.
WAL: 35.24 (-0.97)

Invest Like a Pro: Bet on Broker Upgrades
Zacks Equity Research - Zacks Investment Research - Tue Apr 12, 6:01PM CDT
In these volatile times, it is wise to seek help from the pros.
HCA: 78.34 (-1.21), WHR: 176.95 (-0.57), WAL: 35.24 (-0.97), STZ: 153.68 (+0.28), FUL: 47.17 (-0.91)

Altitude Digital Launches First White-Label Programmatic Video Platform for Publishers and Secures $17.5 Million in New Financing
Marketwired - Mon Apr 11, 1:30PM CDT
As premium publishers demand more control over their programmatic offerings, Altitude Digital has announced the launch of the world's first fully white-labeled, self-service Programmatic Video Platform. Publishers can now independently manage their mobile and desktop video advertising. This evolution redefines the capabilities of traditional supply-side platforms (SSPs).
WAL: 35.24 (-0.97)

Fifth Third Offers Early Retirement Buyouts to Cut Costs
Zacks Equity Research - Zacks Investment Research - Fri Apr 08, 2:15PM CDT
As part of its attempts to curb costs, Fifth Third (FITB) offered employees early retirement buyouts in the first quarter of 2016.
FITB: 18.42 (-0.11), WAL: 35.24 (-0.97), NRIM: 26.14 (-0.90), FNBC: 17.53 (+0.33)

Sunesis Pharmaceuticals Announces Closing of $15 Million Venture Loan
GlobeNewswire - Fri Apr 01, 7:17AM CDT
Sunesis Pharmaceuticals, Inc. (Nasdaq:SNSS) today announced that it has entered into a $15 million loan agreement ("the agreement"

with Bridge Bank, a division of Western Alliance Bank and Solar Capital Ltd. (collectively, "the lenders"

.
SLRC: 18.83 (+0.05), WAL: 35.24 (-0.97), SNSS: 0.55 (+0.01)

Kroll Bond Rating Agency Releases Comment on Western Alliance Bancorporation's Acquisition of GE Capital's U.S. Hotel Franchise Finance Loan Portfolio
BusinessWire - Thu Mar 31, 2:00PM CDT
Kroll Bond Rating Agency (KBRA) releases research report entitled "Western Alliance Bancorporation Acquires GE Capital's U.S. Hotel Franchise Finance Loan Portfolio - Comment". The report makes the following key points:
WAL: 35.24 (-0.97)

Upgrade Alert for Western Alliance Bancorp (WAL)
Comtex SmarTrend(R) - Thu Mar 31, 3:33AM CDT
Western Alliance Bancorp (NYSE:WAL) was upgraded from Market Perform to Outperform at Keefe Bruyette today. The stock closed yesterday at $33.92 on volume of 2.5 million shares, above average daily volume of 917,000. Western Alliance Bancorp is a multi-bank holding company. The Company provides a full range of banking and related services to businesses and consumers in Nevada, Arizona, and California.
WAL: 35.24 (-0.97)

GE to Divest Franchise Finance Business in US and Canada
Zacks Equity Research - Zacks Investment Research - Wed Mar 30, 1:40PM CDT
General Electric Company (GE), a leading industrial goods manufacturer, recently announced the strategic sale of GE Capital's Franchise Finance U.S. hotel business to Western Alliance Bank
GE: 30.01 (-0.03), WAL: 35.24 (-0.97), CSL: 99.79 (-0.01)

Western Alliance Bancorporation to Acquire GE Capital's U.S. Hotel Franchise Finance Loan Portfolio
BusinessWire - Tue Mar 29, 3:57PM CDT
Western Alliance Bancorporation (NYSE: WAL) announced today that its wholly owned subsidiary, Western Alliance Bank, has signed a definitive agreement to acquire GE Capital's domestic select-service hotel franchise finance loan portfolio. The acquisition includes loans outstanding of about $1.4 billion. Additionally, approximately 35 members of GE Capital's team that is focused on this sector and already based in Scottsdale, Ariz., will become part of Western Alliance.
WAL: 35.24 (-0.97)

GE to Sell Franchise Finance U.S. Hotel Business to Western Alliance
BusinessWire - Tue Mar 29, 3:56PM CDT
GE (NYSE:GE) has reached an agreement to sell GE Capital's Franchise Finance U.S. hotel business to Western Alliance Bank, a wholly owned subsidiary of Western Alliance Bancorporation (NYSE: WAL). The sale includes approximately $1.4 billion in ending net investment (ENI) and the majority of the hotel business employees. The business provides real estate financing to owners of limited service hotel properties.
GE: 30.01 (-0.03), WAL: 35.24 (-0.97)

JPMorgan (JPM) Fined $225K by CFTC for Inaccurate LTRs
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 2:05PM CDT
JPMorgan (JPM) was penalized by the Commodity Futures Trading Commission ("CFTC"

for failing to submit accurate large trader reports ("LTRs"

for physical commodity swap positions.
BOFI: 18.73 (-0.02), JPM: 63.65 (-0.19), WAL: 35.24 (-0.97), NRIM: 26.14 (-0.90)

SharpSpring Establishes $2.5 Million Revolving Credit Facility
GlobeNewswire - Tue Mar 22, 8:15AM CDT
SharpSpring, Inc. (NASDAQ:SHSP), a global provider of cloud-based marketing technologies, has signed a loan and security agreement with Bridge Bank, a division of Western Alliance Bank, for a revolving credit facility of $2.5 million with a maturity date of March 21, 2018. The facility will be undrawn initially.
WAL: 35.24 (-0.97), SHSP: 4.44 (-0.06)

Bridge Bank Provides $14 Million Senior Debt Facility to TaskUs
PR Newswire - Tue Mar 22, 8:00AM CDT
Bridge Bank, a division of Western Alliance Bank, today announced the closing of $14 million senior debit financing with TaskUs, a market leader in outsourced customer support of venture-backed, high-growth companies. The funds will be used to further expand the company's customer care and logistical support systems as TaskUs continues to work with some of the world's most innovative and disruptive companies.
WAL: 35.24 (-0.97)

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