Asset Sale Transactions, Launch of New Headquarters, Product Suite Expansion, and Quarterly Cash Dividend - Analyst Notes on Kimco, HSBC, PNC, Franklin Templeton Investments and ACE
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, July 1, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Kimco Realty Corporation (NYSE: KIM), HSBC Holdings plc (NYSE: HSBC), PNC Financial Services Group Inc. (NYSE: PNC), Franklin Resources Inc. (NYSE: BEN) and ACE Limited (NYSE: ACE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4293-100free.
--
Kimco Realty Corporation Analyst Notes
On June 16, 2014, Kimco Realty Corporation (Kimco) announced that it has completed the sale of four retail properties from its Mexico portfolio as part of its stated strategy to exit Latin America, in order to focus on the U.S. and Canadian shopping center portfolios. The gross sale price of the shopping centers, with a total of 1.2 million square feet, reached $82.1 million (1.1 billion Mexican pesos), and generated pro-rata proceeds of around $53.3 million (688.1 million Mexican pesos). Kimco is currently negotiating contracts for the disposition of all of its remaining retail Latin American assets. The full analyst notes on Kimco are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/KIM/report.pdf
--
HSBC Holdings plc Analyst Notes
On June 24, 2014, HSBC Holdings plc (HSBC) announced that its wholly-owned subsidiary, HSBC Private Bank (Suisse) SA, has entered into an agreement to sell a portfolio of its private banking assets in Switzerland to LGT Group Foundation's wholly-owned subsidiary - LGT Bank. The transaction represents progress in the execution of HSBC's strategy to grow its Private Banking business in Switzerland. Expected completion of the transaction is in Q4 2014, subject to regulatory and other approvals. The full analyst notes on HSBC are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/HSBC/report.pdf
--
PNC Financial Services Group Inc. Analyst Notes
On June 24, 2014, PNC Financial Services Group Inc. (PNC) announced the topping off of its new global headquarters, for which Company officials, employees, labor dignitaries, project partners and construction workers gathered to sign the final steel beam before it was placed atop the building structure. PNC Chairman President and CEO Bill Demchak commented, "The tower's construction is a reflection of PNC's commitment to Pittsburgh and a testament to our tremendous growth over the past decade. The new headquarters will serve as a statement about the importance that we place on sustainability and innovation and on providing the best-possible environment for our employees." The Tower at PNC Plaza is expected to accommodate 2,200 local employees upon its opening in the fall of 2015. The full analyst notes on PNC are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/PNC/report.pdf
--
Franklin Resources Inc. Analyst Notes
On June 18, 2014, the Board of Directors of Franklin Resources Inc. (Franklin Templeton Investments) declared a quarterly cash dividend of $0.12 per share, payable on July 11, 2014 to stockholders of record holding shares of common stock at the close of business on June 30, 2014. The quarterly dividend represents a 24% increase over the quarterly dividend paid for the same quarter last year. The full analyst notes on Franklin Templeton Investments are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/BEN/report.pdf
--
ACE Limited Analyst Notes
On June 25, 2014, ACE Limited (ACE) announced that it is expanding its suite of products to address the needs of U.S.-based life sciences companies through ACE Westchester Professional Risk, its wholesale-focused business. Life Sciences policy of this business offers life sciences companies domestic and global product liability and provide them coverage for clinical trials, including biotechnology, specialty pharmaceutical, and non-implantable medical device organizations. The Life Sciences capability continues to expand with a focus on product distribution through wholesale brokers. ACE Westchester Professional Risk Vice President, Randi Goldberg, commented, "ACE's longstanding leadership role in the Life Sciences arena will allow us to continue to respond to an ever-changing marketplace with flexibility and innovation. We continue to offer the extensive product knowledge and underwriting expertise that has always distinguished ACE, but with the added value of an approach tailored to the wholesale market." Key highlights of the Life Sciences program include the ability to add locally admitted policies in more than 140 countries, package policy that includes property, auto and crime coverage, and products-completed operations and professional liability coverage. The full analyst notes on ACE are available to download free of charge at:
http://www.analystsreview.com/Jul-01-2014/ACE/report.pdf
--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. 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.
4. 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] http://www.analystsreview.com .
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com .
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.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, represented by Rohit Tuli, CFA. An outsourced research services provider 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
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article