Environmental Program Sponsorship, Launch of New Funds, and Upcoming Summer Events - Analyst Notes on CIT, Synovus, WisdomTree, PrivateBancorp and Howard Hughes
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NEW YORK, May 22, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding CIT Group Inc. (NYSE: CIT), Synovus Financial Corp. (NYSE: SNV), WisdomTree Investments, Inc. (NASDAQ: WETF), PrivateBancorp Inc. (NASDAQ: PVTB) and The Howard Hughes Corporation (NYSE: HHC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2777-100free.
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CIT Group Inc. Analyst Notes
On May 15, 2014, CIT Canada, a part of CIT Group Inc. (CIT), announced the sponsorship of Green4Good™, an IT asset re-use and recycling program initiated and operated by Compugen Finance Inc., a wholly owned subsidiary of Compugen Inc. According to the Company, Green4Good has numerous partnerships across Canada with companies that provide their decommissioned IT equipment. Managing Director of CIT Canada, Blake Macaskill, stated, "CIT is pleased to sponsor Green4Good and support the exceptional value that they bring to so many charities across Canada." Macaskill added, "The Green4Good program eliminates the environmental impact associated with the disposition of end-of-first-life IT assets, while at the same time turning the net residual value of decommissioned IT assets into much needed assistance for charitable organizations." The full analyst notes on CIT are available to download free of charge at:
http://www.analystsreview.com/2777-CIT-22May2014.pdf
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Synovus Financial Corp. Analyst Notes
On May 16, 2014, Synovus Financial Corp. (Synovus) implemented one-for-seven reverse stock split that it initially announced on April 24, 2014. The Company informed that the par value for the stock split was $1.00 per share, which became effective at 4:15 p.m. EDT on May 16, 2014 and entitled the Synovus shareholders to receive one new share of Synovus common stock for every seven shares of Synovus common stock they held. The Synovus' common stock continues trading under the trading symbol "SNV," but now has a new CUSIP number and a new ISIN number. The full analyst notes on Synovus are available to download free of charge at:
http://www.analystsreview.com/2777-SNV-22May2014.pdf
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WisdomTree Investments, Inc. Analyst Notes
On May 7, 2014, WisdomTree Investments, Inc. (WisdomTree) announced the launch of the WisdomTree International Hedged Dividend Growth Fund (IHDG), and the WisdomTree Europe Dividend Growth Fund (EUDG) on the NYSE Arca. According to the Company, IHDG is designed to provide exposure to dividend-paying stocks of companies with growth characteristics in the developed world (excluding Canada and the U.S.), while EUDG is designed to provide exposure to dividend-paying stocks of companies with growth and quality characteristics that are listed on a stock exchange in one of the following countries: Austria, Belgium, Denmark, and Finland, to name a few. Wisdom Tree Director of Research, Jeremy Schwartz, remarked, "We believe that a currency-hedged exposure to the broader-based developed world may be attractive to certain investors." He added, "Many investors in international equities desire to take currency exposure, and EUDG provides this exposure." The full analyst notes on WisdomTree are available to download free of charge at:
http://www.analystsreview.com/2777-WETF-22May2014.pdf
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PrivateBancorp Inc. Analyst Notes
On May 19, 2014, PrivateBancorp Inc.'s (PrivateBancorp) stock went up by 3.31%, closing the day at $26.66 per share. Over the past one month trading session, the Company's stock went down by 9.89%, compared to Nasdaq Composite which increased by 0.74% during the same trading period. The full analyst notes on PrivateBancorp are available to download free of charge at:
http://www.analystsreview.com/2777-PVTB-22May2014.pdf
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The Howard Hughes Corporation Analyst Notes
On May 19, 2014, The Howard Hughes Corporation announced the new 2014 SEE/CHANGE summer line-up launch on Memorial Day Weekend at the South Street Seaport. According to the Company, SEE/CHANGE will showcase an exciting array of retail pop-ups, culinary offerings, live music, DJ series, outdoor cinema and family-friendly fare, starting May 23, 2014 and running through the summer as part of the Seaport District's ongoing neighborhood revitalization. CEO David R. Weinreb stated, "We are pleased to bring back great summer programming of SEE/CHANGE activations and events as part of our continued commitment to reenergize this iconic district." Weinreb added, "Our SEE/CHANGE launch last summer showcased an exciting array of events, from music to film and food, where neighbors and visitors alike gathered and shared experiences unique to the Seaport. We are looking forward to this summer season and once again sharing all that SEE/CHANGE has to offer." The full analyst notes on Howard Hughes are available to download free of charge at:
http://www.analystsreview.com/2777-HHC-22May2014.pdf
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