Contest Winners, Appointments, and Share Repurchases - Analyst Notes on Regions, CBRE Group, Summit Hotel Properties, Western Asset Mortgage Capital Corporation and Anworth
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 16, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Regions Financial Corp. (NYSE: RF), CBRE Group, Inc (NYSE: CBG), Summit Hotel Properties, Inc. (NYSE: INN), Western Asset Mortgage Capital Corporation (NYSE: WMC) and Anworth Mortgage Asset Corporation (NYSE: ANH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3306-100free.
Regions Financial Corp. Analyst Notes
On May 22, 2014, Regions Financial Corp. (Regions) reported that its subsidiary, Regions Bank, announced the 32 winners of its 2014 Regions Riding Forward® Scholarship Essay Contest, which offers college scholarships to high school seniors and college students. According to the Company, the recipients included Isidora Beach - Franklin; Mary Braun - Columbia; Emily Buddy - Covington; Ebone Allen - West Memphis (attends University of Arkansas); Calvin Brown, Sr. - Alpharetta (attends Jackson State University); and Kendrick Carter - Millington (attends University of Tennessee), to name a few. Lajuana Bradford, Head of Regions Corporate Social Responsibility, stated, "Riding Forward Scholarships are one example of how Regions lives out our commitment to do well by doing good. Providing opportunities for young people to further their education is an investment that benefits families and communities and creates ripple effects that build a stronger economic foundation and opportunities in the future." The full analyst notes on Regions are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/RF/report.pdf
CBRE Group, Inc Analyst Notes
On May 19, 2014, CBRE Group, Inc (CBRE Group) announced that during the Company's Annual Shareholders' meeting held on May 16, 2014, Vice Chairman of the Board Ray Wirta has been selected by the Company's Board of Directors to succeed Richard (Dick) Blum who has stepped down as Chairman of the Board. Additionally, the Company stated that Blum will remain a member of the Board of Directors and through investment partnerships, continues to be a major shareholder. Commenting on the developments, Blum stated, "During my time as Chairman, it was a pleasure to lead a talented Board and work with a highly motivated management team. Ray is highly qualified to lead the Board through its next chapter. He was the Company's CEO from 1999 to 2005, a time when it took the leading market position globally. I look forward to continue serving on the Board and remaining a major shareholder." The full analyst notes on CBRE Group are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/CBG/report.pdf
Summit Hotel Properties, Inc. Analyst Notes
On May 29, 2014, Summit Hotel Properties, Inc. (Summit Hotel Properties) announced that it has appointed Chief Accounting Officer Paul Ruiz, as Interim CFO, effective immediately. According to the Company, Ruiz will assume responsibilities from Stuart Becker, who has resigned. Additionally, Summit Hotel Properties stated that Korn Ferry has been engaged to conduct a nationwide search for the Company's permanent CFO. President and CEO, Daniel Hansen, commented, "Paul's experience, coupled with the depth of our finance team, will serve us well during this transition. Furthermore, let me thank Stuart for his many contributions to Summit Hotel Properties as Chief Financial Officer and wish him well in his future endeavors." The full analyst notes on Summit Hotel Properties are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/INN/report.pdf
Western Asset Mortgage Capital Corporation Analyst Notes
On June 12, 2014, Western Asset Mortgage Capital Corporation's stock reflected a decrease of 1.09%, closing the day at $14.47. In the past three trading days, the Company's stock went down by 1.83% compared to the Dow Jones Industrial Average which went down by 1.23% during the same trading period. The full analyst notes on Western Asset Mortgage Capital Corporation are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/WMC/report.pdf
Anworth Mortgage Asset Corporation Analyst Notes
On May 27, 2014, Anworth Mortgage Asset Corporation (Anworth) reported that on May 22, 2014, its Board of Directors has authorized the Company's acquisition of up to an additional 10 million shares of the Company's common stock through a repurchase program. According to the Anworth, on May 14, 2014, the Board had authorized the Company to acquire up to an additional 10 million shares of the Company's common stock. Previously on December 13, 2013, the Board had authorized the acquisition of an additional 5 million shares of the Company's common stock. The full analyst notes on Anworth are available to download free of charge at:
http://www.analystsreview.com/Jun-16-2014/ANH/report.pdf
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