Annual Shareholders Meeting Voting Results, Agreements, Financial Results, and Stock Price Movements - Analyst Notes on Bank of America, American Capital, Radian, Global Cash Access and Qiwi

NEW YORK, May 12, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Bank of America Corporation (NYSE: BAC), American Capital, Ltd. (NASDAQ: ACAS), Radian Group Inc. (NYSE: RDN), Global Cash Access Holdings, Inc. (NYSE: GCA) and Qiwi plc (NASDAQ: QIWI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2297-100free.

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Bank of America Corporation Analyst Notes
On May 7, 2014, Bank of America Corporation (Bank of America) announced the voting results of the Company's 2014 Annual Meeting of shareholders in Charlotte. According to the Company, its shareholders elected 15 Board of Director nominees, approved a management advisory proposal on compensation of named Executive Officers, and gave approval for the appointment of the Company's independent accounting firm. Bank of America stated its shareholders also approved an amendment to the certificate of designations for its 6% Cumulative Perpetual Preferred Stock, Series T. The Company informed that none of the shareholder proposals were approved. The full analyst notes on Bank of America are available to download free of charge at:

http://www.analystsreview.com/2297-BAC-12May2014.pdf

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American Capital, Ltd. Analyst Notes
On May 6, 2014, American Capital, Ltd. (American Capital) has entered into definitive agreement with a group of investors to establish American Capital Equity III, LP (ACE III), a new private equity fund focused on investing in companies in the lower middle market. According to the Company, prior to the closing of the fund, which is expected within 90 days, American Capital will contribute all of its equity and equity-related investments in seven portfolio companies and an option to acquire American Capital's equity investment in an additional portfolio company to ACE III. The Company informed that the aggregate agreed upon value of these investments, assuming the option is exercised, is approximately $640 million, subject to adjustments. American Capital further stated that the investor group, along with the Company, will also provide an aggregate $445 million capital commitment to fund the purchase of new control equity and equity-related investments in companies with $5 million to $25 million of EBITDA. The full analyst notes on American Capital are available to download free of charge at:

http://www.analystsreview.com/2297-ACAS-12May2014.pdf

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Radian Group Inc. Analyst Notes
On May 6, 2014, Radian Group Inc. (Radian) reported its Q1 2014 financial results. Radian's total revenues were $346.3 million, compared to $42.4 million in Q1 2013. Net income was $202.8 million or $0.94 per diluted share, compared to net loss of $187.5 million or $1.30 per diluted share in Q1 2013. On the same day, the Company also reported that it has entered into a purchase agreement to acquire Clayton Holdings for an aggregate cash consideration of $305.0 million, to purchase all of the outstanding equity interests in Clayton, subject to customary purchase price adjustments. Radian stated that the cash consideration includes repayment of Clayton's outstanding debt. Radian informed that in 2013, Clayton had annual revenue of $135.0 million and net income of $9.1 million. The Company informed that it expects to finance the entire purchase price and related expenses, through public issuances of both debt and equity. The full analyst notes on Radian are available to download free of charge at:

http://www.analystsreview.com/2297-RDN-12May2014.pdf

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Global Cash Access Holdings, Inc. Analyst Notes
On May 6, 2014, Global Cash Access Holdings, Inc. (Global Cash Access) reported its Q1 2014 financial results with revenues up by 2.6% YoY to $150.6 million. Net income was $7.5 million or $0.11 per diluted share, compared to $5.7 million or $0.09 per diluted share in Q1 2013. Adjusted EBITDA increased by $1.4 million or 8% YoY to $19.4 million. The Company updated its 2014 outlook and now estimates adjusted EBITDA to be between $76 million and $79 million. Commenting on the results, Company President and CEO, Ram V. Chary, stated, "The underlying foundation of our business continues to improve and position us well for growth. The full-year outlook reflects the differentiated competitive advantage that our integrated solutions drive for our clients." The full analyst notes on Global Cash Access are available to download free of charge at:

http://www.analystsreview.com/2297-GCA-12May2014.pdf

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Qiwi plc Analyst Notes
On May 7, 2014, Qiwi plc's (Qiwi) stock went up by 4.81%, closing the day at $31.38 per share. Over the past three-day trading period, the Company's stock reflected an increase of 8.88%, compared to the Nasdaq Composite which went down by 1.36% during the same trading period. The full analyst notes on Qiwi are available to download free of charge at:

http://www.analystsreview.com/2297-QIWI-12May2014.pdf

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