Asset Building Initiative, Recognitions, Stake Sale, Financial Results, and Stock Movements - Analyst Notes on Progressive, Annaly, JLL, The Carlyle Group and Nationstar
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NEW YORK, May 19, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Progressive Corp. (NYSE: PGR), Annaly Capital Management, Inc. (NYSE: NLY), Jones Lang LaSalle Inc. (NYSE: JLL), The Carlyle Group LP (NASDAQ: CG) and Nationstar Mortgage Holdings Inc. (NYSE: NSM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2602-100free.
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Progressive Corp. Analyst Notes
On May 14, 2014, Progressive Corp.'s (Progressive) stock reflected an increase of 1.64%, closing the day at $25.44 per share. Over the previous one-month trading period, the Company's stock increased by 6.35%, compared to the Dow Jones Industrial Average which went up by 2.73% during the same one-month trading session. The full analyst notes on Progressive are available to download free of charge at:
http://www.analystsreview.com/2602-PGR-19May2014.pdf
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Annaly Capital Management, Inc. Analyst Notes
On May 8, 2014, Annaly Capital Management, Inc. (Annaly) announced that its subsidiary Annaly Commercial Real Estate Group, Inc. has commenced an initiative to acquire net leased commercial real estate assets across a wide array of markets and industries, including industrial, office, retail and restaurant properties. Under the initiative, the Company will purchase commercial properties of a certain size and profile sourced and managed exclusively for Annaly by affiliates of The Inland Real Estate Group of Companies, Inc. Commenting on the news, Annaly's Chairman and CEO, Wellington J. Denahan, stated, "We believe that the potential to utilize Inland's extensive experience acquiring, managing, leasing, financing and developing real estate nationwide will complement our ability to take advantage of a variety of opportunities as we expand our commercial platform into ownership of real property." The full analyst notes on Annaly are available to download free of charge at:
http://www.analystsreview.com/2602-NLY-19May2014.pdf
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Jones Lang LaSalle Inc. Analyst Notes
On May 6, 2014, Jones Lang LaSalle Inc. (JLL) announced that the Company has been named one of the "World's Most Ethical Companies." According to the Company, this is the 7th consecutive year that it has been recognized by the Ethisphere Institute. Commenting on the recognition, JLL President and CEO, Colin Dyer, stated, "We are very proud to remain among an elite group of companies that have continued on the Ethisphere list over an extended period. As reflected in this important recognition, doing the right thing has indeed been a core cultural value of our firm throughout its long history. We know it brings us the best clients, creates the deepest career opportunities for our people and adds significant value to our shareholders' investment." The full analyst notes on JLL are available to download free of charge at:
http://www.analystsreview.com/2602-JLL-19May2014.pdf
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The Carlyle Group LP Analyst Notes
On May 9, 2014, The Carlyle Group LP (The Carlyle Group) announced that the sale of its stake in Medical Park has been completed. According to the Company, the other shareholders of the Medical Park Group, Sancak Group and Muharrem Usta, also completed the sale of some of their holdings alongside The Carlyle Group, resulting in a majority sale, although further details of the transaction were not disclosed. Can Delda?, Co-Head of Carlyle Middle East, North Africa & Turkey (MENA), stated, "Over the four years of our partnership with Medical Park, we doubled their market share and the business continues to perform robustly. We have enjoyed working with the management team at Medical Park and we wish them the best in their future endeavors with their new partners." The full analyst notes on The Carlyle Group are available to download free of charge at:
http://www.analystsreview.com/2602-CG-19May2014.pdf
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Nationstar Mortgage Holdings Inc. Analyst Notes
On May 8, 2014, Nationstar Mortgage Holdings Inc. (Nationstar) reported its Q1 2014 financial results. Total revenues for Q1 2014 were up by 11.7% YoY to $469.6 million. Q1 2014 net income attributable to Nationstar was $24.0 million or $0.27 per diluted share, compared to Q1 2013 net loss of $50.9 million or $0.56 per diluted share. Jay Bray, CEO of the Company, stated, "Nationstar delivered improved performance across all of our business lines in the first quarter. After substantial growth in 2013, our 2014 focus is simple - continue to provide real solutions to homeowners and improve operating profitability and cash flow generation for our shareholders. In addition, we are executing on critical initiatives to drive long-term sustainability and growth. This includes our strategic acquisition of Real Estate Digital ("RED"), a fee-based real estate services company that provides online marketing, data, transaction management and digital media solutions." The full analyst notes on Nationstar are available to download free of charge at:
http://www.analystsreview.com/2602-NSM-19May2014.pdf
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