Community Initiatives, Outlook Study Releases, Launch of Services and Notes Offering - Analyst Notes on Wells Fargo, Schwab, ROIC, SunTrust and Realty Income
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 26, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Wells Fargo & Company (NYSE: WFC), The Charles Schwab Corporation (NYSE: SCHW), Retail Opportunity Investments Corp. (NASDAQ: ROIC), SunTrust Banks, Inc. (NYSE: STI) and Realty Income Corp. (NYSE: O). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4146-100free.
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Wells Fargo & Company Analyst Notes
On June 23, 2014, Wells Fargo & Company (Wells Fargo) reported the progress of "Go College" - the national education initiative of its Education Financial Services. According to the Company, the program which started through the Company's partnership with First Generation Films has drawn an audience of 10,000 during local screenings of the "First Generation" documentary, and more than 1 million viewers across social media platforms. Wells Fargo stated that the initiative was designed to encourage discussions, on the steps which students and parents can take to make attending college possible. The Company informed that "Go College" has reached various cities including Los Angeles, Las Vegas, Phoenix, Oakland, and Washington D.C. to present film screenings of First Generation to high school students. The full analyst notes on Wells Fargo are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/WFC/report.pdf
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The Charles Schwab Corporation Analyst Notes
On June 19, 2014, The Charles Schwab Corporation's (Schwab) Advisor Services presented its 15th semi-annual "Independent Advisor Outlook Study" during its annual EXPLORE conference. According to Bernie Clark, Schwab's Head and Executive Vice President, there exist significant potential for the Company's growth over the next decade as the study found that the Generation Now- the next generation of clients, begins to seek financial advice to guide them in reaching their financial goals. Schwab added that currently this next generation who is in age group of 30 yrs to 45 yrs, control nearly $3.5 trillion in investable assets. Mr. Clark commented, "We feel that the next generation investor is unequivocally an opportunity for independent advisors. They have significant wealth, and their individualized priorities along with the competing financial needs in their lives can benefit greatly from the customized, client-focused advice that independent advisors can deliver." According to the Company, the study was conducted to highlight the opinion of independent advisors regarding new opportunities with the next generation of clients, and to understand how these advisors are planning take advantage of these opportunities through their respective business strategies. The full analyst notes on Schwab are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/SCHW/report.pdf
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Retail Opportunity Investments Corp. Analyst Notes
On June 19, 2014, Retail Opportunity Investments Corp. (ROIC) announced the closing of its underwritten public offering of 14,375,000 shares of common stock, including 1,875,000 shares of common stock, which was issued pursuant to the exercise in full by the underwriters of their option to purchase additional shares. According to the Company, net proceeds from the offering totaled c.$205.5 million, which the Company plans to use to reduce borrowings under its $350.0 million unsecured revolving credit facility. The full analyst notes on ROIC are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/ROIC/report.pdf
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SunTrust Banks, Inc. Analyst Notes
On June 23, 2014, SunTrust Banks, Inc. (SunTrust) announced the launch of a Medical Specialty Group of financial advisors to better serve the specialized Private Wealth Management needs of medical practitioners. SunTrust informed that the group, which is an addition to the Company's six existing specialized units, consists of financial advisors who are expert in dealing with independent medical practices, owners, physicians and their families. The Company stated that the services offered through the Medical Specialty Group include: investment management, commercial loans, commercial mortgages, financial planning, trust and estate administration, insurance planning, treasury and payment solutions, personal banking and more. SunTrust Medical Specialty Group's Executive and registered representative of SunTrust Investment Services, Inc. Jerry Coleman, commented, "From helping a doctor in residency purchase a first home to navigating the challenges of owning an independent practice - and succession planning when it's time to retire - our advisors are positioned to help those in the medical industry no matter their financial need." The full analyst notes on SunTrust are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/STI/report.pdf
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Realty Income Corp. Analyst Notes
On June 18, 2014, Realty Income Corp. (Realty Income) announced the pricing of $350 million of 3.875% senior unsecured notes due 2024. The Company informed that the notes was priced at 99.956% of the principal amount for an effective yield to maturity of 3.88%. Realty Income stated that it intends to use net proceeds from the offering, to repay a portion of the borrowings outstanding under its acquisition credit facility and for other general corporate purposes and working capital, which may include acquisitions. The full analyst notes on Realty Income) are available to download free of charge at:
http://www.analystsreview.com/Jun-26-2014/O/report.pdf
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