NEW YORK, September 13, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Citigroup, Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), Visa, Inc. (NYSE: V), Goldman Sachs Group, Inc. (NYSE: GS), and Starwood Property Trust, Inc. (NYSE: STWD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Citigroup, Inc. Research Report
On September 10, 2013, Reuters reported that according to a filing with the U.S. Securities and Exchange Commission, the Federal Deposit Insurance Corp. is offering $2.4 billion of bonds of Citigroup, Inc. (Citigroup). According to the Reuters report, in a written statement Citigroup said, "When the transaction concludes, no U.S. government entity will continue to hold any securities in Citi issued as a result of the financial crisis." As per the report, the securities which are offered originated with a promise the government made in January 2009 to support the Company's capital by agreeing to share in any losses on $301 billion of Citigroup assets. The Company statement further said, "We remain very appreciative of the support provided by the U.S. Treasury, FDIC and American taxpayer during the financial crisis and are pleased that their investment realized a return of more than $13 billion." The Full Research Report on Citigroup, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/C]
JPMorgan Chase & Co. Research Report
On September 10, 2013, JPMorgan Chase & Co. (JPMorgan Chase) announced that under its Chase brand, it has launched Mission Main Street, to serve as part of a multi-media advertising and lending campaign that features success stories from a business owner's perspective. Donan Vieira, Head of Marketing and Product for Chase Business banking said, "These entrepreneurs represent the spirit of American business, and we're thrilled to have them part of Mission Main Street to raise their profiles and inspire others. The stories they share help reinforce the power of a strong partnership between Chase bankers and their clients." In news released on September 9, 2013, the Company announced that its Board of Directors plans to elect Linda B. Bammann and Michael A. Neal as directors of the Company. According to the release, Ms. Bammann is to be elected on September 16, 2013, while Mr. Neal is expected to join the Board in January 2014, after his retirement from his current position as Vice Chairman of General Electric Company. The Full Research Report on JPMorgan Chase & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/JPM]
Visa, Inc. Research Report
On September 10, 2013, Reuters reported that Visa, Inc. (Visa), along with Goldman Sachs Group Inc., and Nike Inc., will join the blue chip Dow Jones Industrial Average. As reported in the news, the three Companies will be replacing Alcoa Inc., Bank of America Corp. and Hewlett-Packard Co. Further, the report stated that the changes will be effective with the opening of trading on September 23, 2013. The Reuters report further added that the changes in the index were led by the low stock price of the three Companies chosen for removal and the index committee's desire to diversify the sector and industry group representation of the index. The Full Research Report on Visa, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/V]
Goldman Sachs Group, Inc. Research Report
On September 3, 2013, Goldman Sachs Group, Inc. (Goldman Sachs) announced that it intends to report its Q3 2013 financial results on October 17, 2013. According to the Company, the release will be issued at approximately 7:30 a.m. ET, and will be available on the Company's website. Goldman Sachs also stated that it will host a conference call at 9:30 a.m. ET, which will be open to public on the same day, to discuss the Company's results, outlook and related matters. The Company further informed that an audio webcast and a replay of the call can be accessed through the Company website. The Full Research Report on Goldman Sachs Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/GS]
Starwood Property Trust, Inc. Research Report
On September 10, 2013, Starwood Property Trust, Inc. (Starwood Property Trust) announced the pricing of an underwritten public offering of 25 million shares of its common stock for total estimated gross proceeds of approximately $607.5 million (or approximately $698.6 million if the option to purchase additional shares is exercised in full). According to the Company, the underwriters have a 30-day option to purchase up to an additional 3.8 million shares from the Company. Starwood Property Trust stated that it intends to use the net proceeds received from the offering to originate and purchase additional commercial mortgage loans and other target assets and investments and might also use it for general corporate purposes. The Company also informed that the settlement of the offering is subject to customary closing conditions and is expected to occur on September 13, 2013. The Full Research Report on Starwood Property Trust, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/STWD]
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by an analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE Investors' Reports