NEW YORK, April 22, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
Bank of America Corporation (NYSE: BAC), The Goldman Sachs Group,
Inc. (NYSE: GS), Sovran Self Storage Inc. (NYSE: SSS), Washington
Real Estate Investment Trust (NYSE: WRE), and Universal Insurance
Holdings Inc. (NYSE: UVE). Private wealth members receive these
notes ahead of publication. To reserve complementary membership,
limited openings are available at:
http://www.analystsreview.com/1207-100free
--
Bank of America Corporation Analyst Notes
On April 9, 2014, Bank of America
Corporation (Bank of America) announced that it has reached an
agreement with the Office of the Comptroller of the Currency (OCC)
and the Consumer Financial Protection Bureau (CFPB). According to
the Company, the agreement is for resolving issues related to the
marketing and sale of credit card debt cancellation products and
billing of identity theft protection products, including those
marketed and billed by its vendors. Additionally, the Company
stated that it has stopped marketing identity theft protection
products as of December 2011, and
credit card debt cancellation products as of August 2012. Bank of America added that as part
of the agreement, it will pay fines totaling $45 million to the OCC and CFPB and will also
refund approximately $738 million to
the affected customers. The full analyst notes on Bank of America
Corporation are available to download free of charge at:
http://www.analystsreview.com/1207-BAC-22Apr2014.pdf
--
The Goldman Sachs Group, Inc. Analyst Notes
On April 11, 2014, The Goldman
Sachs Group, Inc. (Goldman Sachs) announced that it has declared
dividends on its series of non-cumulative preferred stock.
According to the release, dividends of $236.98 per share on Series A and $252.78 per share on Series C and D of Floating
Rate Non-Cumulative Preferred Stock, $387.50 and $371.88
per share of 6.20% and 5.95%, Non-Cumulative Preferred Stock,
Series B and I, respectively, and $343.75 per share of 5.50% Fixed-to-Floating Rate
Non-Cumulative Preferred Stock, Series J, respectively, will be
paid on May 12, 2014, to preferred
shareholders of record as of April 27,
2014. Additionally, Goldman Sachs stated that it has
declared a dividend of $1,011.11 per
share of Perpetual Non-Cumulative Preferred Stock, Series E and F,
payable on June 2, 2014 to
shareholders of record as of May 18,
2014. The full analyst notes on The Goldman Sachs Group,
Inc. are available to download free of charge at:
http://www.analystsreview.com/1207-GS-22Apr2014.pdf
--
Sovran Self Storage Inc. Analyst Notes
On April 7, 2014, Sovran Self
Storage Inc. (Sovran Self Storage) announced that its Board of
Directors has declared a quarterly dividend of $0.68 per share of common stock. According to the
release, the quarterly dividend is payable on April 28, 2014, to shareholders of record as of
April 17, 2014. The full analyst
notes on Sovran Self Storage Inc. are available to download free of
charge at:
http://www.analystsreview.com/1207-SSS-22Apr2014.pdf
--
Washington Real Estate Investment Trust Analyst
Notes
On April 7, 2014, Washington Real
Estate Investment Trust (Washington REIT) announced the appointment
of Mr. Thomas Q. Bakke, as Executive
Vice President and Chief Operating Officer, with effect from
April 21, 2014. According to the
Company, Mr. Bakke will be responsible for overseeing all aspects
of the Company's real estate operations, including asset
management, marketing, leasing, property management and
development. The Company informed that prior to joining Washington
REIT, Mr. Bakke served as a Senior Managing Director at Cushman
& Wakefield. Paul T. McDermott,
President and CEO of Washington REIT said, "Tom will play a pivotal
role in driving our strategy forward as we continue to focus on our
core business and aggressively pursue strategic opportunities to
further strengthen and expand the portfolio. I look forward to
working closely with Tom as we elevate Washington REIT to a new
level of success that delivers long-term value for our
shareholders." The full analyst notes on Washington Real Estate
Investment Trust are available to download free of charge at:
http://www.analystsreview.com/1207-WRE-22Apr2014.pdf
--
Universal Insurance Holdings Inc. Analyst Notes
On April 10, 2014, Universal
Insurance Holdings Inc. (Universal Insurance Holdings) announced
that the Insurance Commissioner of Delaware has issued a Certificate of Authority
to Universal Property & Casualty Insurance Company (UPCIC), a
wholly-owned subsidiary of the Company, approving UPCIC as a
licensed insurance entity in Delaware. According to the release, UPCIC
expects to file its homeowners insurance rates and forms with the
Delaware Insurance Commissioner and expects to begin writing
homeowners insurance in Delaware
by the end of Q2 2014, pending normal regulatory approvals.
Chairman, President and CEO, Sean P.
Downes, stated, "Geographic diversification is a key
component of our strategy to drive shareholder value, and this
approval marks another important step in that process. We look
forward to building strong relationships with independent agents in
Delaware and offering our
insurance products to citizens of the state." The full analyst
notes on Universal Insurance Holdings Inc. are available to
download free of charge at:
http://www.analystsreview.com/1207-UVE-22Apr2014.pdf
--
About Analysts Review
We provide our members with a simple and reliable way to leverage
our economy of scale. Most investors do not have time to track all
publicly traded companies, much less perform an in-depth review and
analysis of the complexities contained in each situation. That's
where Analysts Review comes in. We provide a single unified
platform for investors' to hear about what matters. Situation
alerts, moving events, and upcoming opportunities.
--
=============
EDITOR NOTES:
- 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 Nidhi Vatsal, a CFA
charterholder. 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 [at] AnalystsReview.com.
- For any urgent concerns or inquiries, please contact us
at compliance [at] AnalystsReview.com.
- Are you a public company? Would you like to see similar
coverage on your company? Send us a full investors' package to
research [at] AnalystsReview.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort
basis. This document, article or report is prepared and authored by
Analysts Review. An outsourced research services provider
represented by Nidhi Vatsal, CFA, has only reviewed the information
provided by Analysts Review in this article or report according to
the Procedures outlined by Analysts Review. Analysts Review 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
Analysts Review 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
Analysts Review 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 Analysts Review
whatsoever for any direct, indirect or consequential loss arising
from the use of this document. Analysts Review expressly disclaims
any fiduciary responsibility or liability for any consequences,
financial or otherwise arising from any reliance placed on the
information in this document. Analysts Review 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.
CFA® and Chartered Financial Analyst® are registered trademarks
owned by CFA Institute.
SOURCE Analysts Review