Mortgage Blog

Apollo Endosurgery Inc. is seeking to raise millions of dollars by selling more shares.

The Austin-based medical device company said Wednesday it will launch a public offering of more than 3.7 million common stock at $5.50 per share, which would raise $20.6 million. It has also given the underwriter, Craig-Hallum Capital Group LLC, the option to purchase up to 562,055 additional shares, worth $3 million.

The offering is expected to close June 22 pending closing conditions.

Apollo (Nasdaq: APEN)…

Fifth Third Bancorp gave shareholders a gift to kick off summer by boosting its dividend payment by nearly 13 percent.

Fifth Third (Nasdaq: FITB), the nation’s 13th-biggest bank, said it will pay shareholders a quarterly dividend of 18 cents per share July 16 to shareholders of record June 29. That’s a 12.5 percent increase from the 16 cents per share it paid in the prior quarter.

The increase puts Fifth Third’s dividend yield at 2.3 percent.

“That’s a pretty hefty increase,” Terry…

Glassdoor has revealed its list of the Top CEOs in 2018, and one of them is based in Kansas City.

NBKC Bank's Brian Unruh ranked No. 23 on the list of top CEOs at small and medium companies, with a 98 percent employee approval rating. No other area CEOs made the list.

NBKC Bank was a Kansas City Business Journal Best Places to Work honoree in 2017 — the same year it moved into its new headquarters on Ward Parkway. The headquarters includes arcade games, a state-of-the-art fitness center,…

Capital One co-founder Nigel Morris joined LendUp's board as chair, giving the San Francisco fintech a powerful vote of confidence as it expands its credit card business.

Is online shopping keeping inflation low?

The company is in talks with a few banks to expand its partnership program.

The Atlanta Chapter of the Association for Corporate Growth today announced that Jim Douglass will chair the 2019 Atlanta ACG Capital Connection.

The event is scheduled to be held at the Hotel at Avalon and Alpharetta Conference Center on Feb 5-7, 2019.

“We are very excited to have Mr. Douglass leading the 2019 event,” said Melanie Brandt ACG Atlanta’s President and CEO. “Private-equity investors are the pillar of the conference. Jim’s perspective and expertise will help ensure we continue…

The acquisition will add a new line of business for BST, which has been diversifying its lines of business in recent years.

Geico didn’t simply say Tuesday that it would be bringing hundreds of jobs to Lenexa — CEO Tony Nicely did his best to promote those jobs to everyone in the room.

The nation’s second-largest auto insurer plans to bring 500 jobs to a new service center at 11214 Renner Road within five years. The Lenexa center could open in August.

Geico wants to fill 100 slots by the end of the year and keep adding at a pace of 50 a quarter, said Maria Scarangella, vice president of talent acquisition and…

Wells Fargo & Co., the largest bank in the Denver metro by deposits, is planning to restructure two wealth-management units that serve affluent customers in a move that could affect more than 12,000 employees.

The Wall Street Journal, citing unidentified sources, reports on the plan by San Francisco-based Wells Fargo that would combine its Wealth Brokerage Services unit, which works out of its retail bank branches, with its Private Client Group, which has its own brokerage offices.

A company spokeswoman…