Completed Acquisitions, Appointments, Dividend Distributions, and Recognitions - Analyst Notes on AMG, Wells Fargo, Citigroup, Essex and Western Union
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NEW YORK, July 3, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Affiliated Managers Group Inc. (NYSE: AMG), Wells Fargo & Company (NYSE: WFC), Citigroup, Inc. (NYSE: C), Essex Property Trust Inc. (NYSE: ESS) and Western Union Co. (NYSE: WU). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4394-100free.
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Affiliated Managers Group Inc. Analyst Notes
On June 30, 2014, Affiliated Managers Group Inc. (AMG) announced that the Company has completed the acquisition of River Road Asset Management (River Road) from a subsidiary of Aviva PLC, Aviva Investors North America Holdings, Inc. According to the Company, under the transaction, River Road executive team and key investment professionals have agreed to long-term commitments to remain with the Company. Additionally, AMG stated that through a number of sub-advisory mandates, River Road will maintain an ongoing relationship with Aviva. The full analyst notes on AMG are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/AMG/report.pdf
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Wells Fargo & Company Analyst Notes
On June 25, 2014, Wells Fargo & Company (Wells Fargo) reported that its capital markets and investment banking business, Wells Fargo Securities, announced the joining of Matt Carter as Managing Director and Head of International Debt Syndicate. According to the Company, Carter will manage the execution of cross-border capital markets opportunities and debt capital markets transactions for EMEA and Asia Pacific regions. Additionally, the Company stated that Carter's product coverage includes investment grade corporate bonds, preferred stock, private placements and hybrid capital. The Company also stated that Carter will report to Robert Fernandez, Head of the International Debt Capital Markets Group, and John Hines, Head of Global Debt Syndicate, and will be based in London. Commenting on the appointment, Fernandez, stated, "Matt brings to the organization years of expertise and deep institutional relationships that will strengthen our ability to serve our clients' global financial needs." The full analyst notes on Wells Fargo are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/WFC/report.pdf
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Citigroup, Inc. Analyst Notes
On June 30, 2014, Citigroup, Inc.'s (Citigroup) stock dipped by 0.08%, closing at $47.10. For the past six-month trading period, Citigroup's stock lost 9.60% compared to the Dow Jones Industrial Average which increased by 1.51% during the same trading period. The full analyst notes on Citigroup are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/C/report.pdf
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Essex Property Trust Inc. Analyst Notes
On June 11, 2014, Essex Property Trust Inc. (Essex) announced that its Board has approved an annualized increase to its regular cash dividend of $0.36 per share. According to the Company, Q2 2014 dividend distribution of $1.30 per share is payable on July 15, 2014, to shareholders of record as of June 30, 2014. Additionally, Essex stated that the Board has also declared a regular quarterly distribution of c.$0.45 per share for its Series H Preferred Stock for Q2 2014 payable on July 15, 2014, to stockholders of record as of July 1, 2014. The full analyst notes on Essex are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/ESS/report.pdf
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Western Union Co. Analyst Notes
On June 30, 2014, Western Union Co. (Western Union) announced that the Company has been recognized with a prestigious Partner in Transformation Award for 2014, presented by Sears Holdings Corp. at its 2014 Vendor Summit. According to the Company, it has received the award for creating a customer destination at Kmart stores, driving significant foot traffic. Commenting on the recognition, Western Union Senior Vice President and General Manager, U.S., Carter Hunt, stated, "We are proud and honored to receive this prestigious award from Sears Holdings. This is another example of our commitment to our Agents and the strong relationships we've developed over the years to serve our customers giving them - choice, convenience, reliability and speed." The full analyst notes on Western Union are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/WU/report.pdf
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