NEW YORK, March 24, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
American Express Company (NYSE: AXP), Xoom Corporation (NASDAQ:
XOOM), The Carlyle Group LP (NASDAQ: CG), Commerce Bancshares, Inc.
(NASDAQ: CBSH), and Fulton Financial Corporation (NASDAQ: FULT).
Private wealth members receive these notes ahead of publication. To
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American Express Company Analyst Notes
On March 17, 2014, American
Express Company (American Express) announced that it has signed an
agreement to create a joint venture for its Global Business Travel
division (GBT). According to the release, the agreement entitles
the Company to share ownership of the joint venture with an
investor group led by Certares. Additionally, the Company stated
that it will separate its GBT operations into a dedicated holding
structure, which will include certain assets and liabilities that
currently comprise GBT, and will have a 50% ownership stake in the
joint venture following the closing. The Company also stated that
the investor group will hold the remaining 50%, in exchange for an
investment of $900 million in the
joint venture. Lastly, former President of Global Commercial
Services at American Express, Bill
Glenn will be President and CEO of the joint venture while
Certares founder Greg O'Hara will
serve as Chairman. Kenneth I.
Chenault, Chairman and CEO of American Express stated, "The
joint venture reflects our continued commitment to the travel
business through a new structure with an outstanding group of
investors and the resources to grow the business and provide
additional value to our corporate customers. Bill Glenn is an accomplished leader with
experience running major business units during his distinguished
career at American Express." The full analyst notes on American
Express Company are available to download free of charge at:
http://www.AnalystsReview.com/03242014/AXP/report.pdf
Xoom Corporation Analyst Notes
On March 13, 2014, Xoom
Corporation (Xoom) announced that the Company has won a 2013 Silver
Award from W[3], for Xoom's Mobile
Website in the finance category. According to the release, Xoom's
Mobile Website was judged on creativity, usability, navigation,
functionality, visual design and ease of use. Commenting on the
recognition, Joe Raymond, Company
Vice President of Product, stated, "We believe we are shifting the
way consumers transfer money around the globe by changing their
habits and preferences and Xoom's mobile strategy is playing a
large part in this change. Xoom's mobile website epitomizes the
convenience and time-saving service of sending money with Xoom.com
on a mobile device. We are thrilled with the
W[3] award and we will continue to
optimize our services for mobile devices to capitalize on the
continued and growing trend in mobile usage." The full analyst
notes on Xoom Corporation are available to download free of charge
at:
http://www.AnalystsReview.com/03242014/XOOM/report.pdf
The Carlyle Group LP Analyst Notes
On March 14, 2014, The Carlyle
Group LP (The Carlyle Group) announced that former General Motors
Chairman and CEO, Daniel F. Akerson,
has joined the Company on March 1,
2014, as Vice Chairman and Special Advisor to the Board of
Directors. According to the release, in his new roles, Mr. Akerson
will give operational, investment and management guidance to the
Company's investment teams, firm management, and the Board of
Directors, and will be based in the Company's headquarters at
Washington, DC. Commenting on the
news, The Carlyle Group Co-Founder and Chairman of the Board,
Daniel A. D'Aniello, stated, "It is a delight to welcome Dan back
to Carlyle. His remarkable depth of leadership experience will be a
great asset to the Board and our investment teams. We applaud his
leadership in the successful turnaround of General Motors, and look
forward to his expertise in the years to come in service to our
investors." The full analyst notes on The Carlyle Group LP are
available to download free of charge at:
http://www.AnalystsReview.com/03242014/CG/report.pdf
Commerce Bancshares, Inc. Analyst Notes
On March 18, 2014, Commerce
Bancshares, Inc. (Commerce Bank), along with The Honor Society of
Phi Kappa Phi, announced that they have come together to offer a
Visa® rewards credit card to Phi Kappa Phi members. According to
Commerce Bank, the card offers reward points, has no annual fee,
and entitles cardholders to a $100,000 travel insurance, emergency card
replacement, cash advances, 24/7 customer service, Visa Zero
Liability coverage, E-Statements and optional AutoPay, as part of
the Phi Kappa Phi Visa® rewards credit card benefits. Commenting on
the release, Chad Doza, Senior Vice
President of Consumer Credit Card, said, "We are excited to enter
into a relationship with Phi Kappa Phi and to offer their alumni a
customized credit card as another way to show their support for the
Society." The full analyst notes on Commerce Bancshares, Inc. are
available to download free of charge at:
http://www.AnalystsReview.com/03242014/CBSH/report.pdf
Fulton Financial Corporation Analyst Notes
On March 18, 2014, Fulton
Financial Corporation (Fulton Financial) announced that it has
declared a quarterly cash dividend of $0.08 per share on the Company's common stock.
According to the release, the dividend is payable on April 15, 2014, to shareholders of record as of
April 1, 2014. The full analyst notes
on Fulton Financial Corporation are available to download free of
charge at:
http://www.AnalystsReview.com/03242014/FULT/report.pdf
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