Core Funds Expansion, Stock Offering Program, Recognition, and New Offerings, Conference Call Schedule - Analyst Notes on BlackRock, Boston Properties, Regions, CIT and Kimco Realty
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NEW YORK, June 17, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding BlackRock, Inc. (NYSE: BLK), Boston Properties Inc. (NYSE: BXP), Regions Financial Corp. (NYSE: RF), CIT Group Inc. (NYSE: CIT) and Kimco Realty Corporation (NYSE: KIM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3786-100free.
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BlackRock, Inc. Analyst Notes
On June 10, 2014, BlackRock, Inc. (BlackRock) reported that it has expanded its iShares Core lineup with 10 equity and fixed income U.S. iShares, designed to introduce to investors a simple and low-cost approach to investing in long-term equities and bonds. The Company informed that the expansion of the U.S iShares Core will include iShares Core Select with additional options for long-term investors provides diversified exposures to U.S. growth, value, and dividend equities; European and Pacific equities utilizing all-cap MSCI IMI benchmarks; three U.S. bond sectors, and a more diversified bond market exposure. BlackRock's Head of Global Markets & Investments for iShares, Patrick Dunne commented, "Investors seek value for money in long-term investments especially in core broad market exposures. That's where we are aiming to accelerate iShares growth by expanding the iShares Core. We are now taking buy-and-hold investing up a level with greater choice and flexibility. Look for growth or value, seek to bump up your income stream, invest in Europe or Asia, or buy a bond sector - and do it easily and cost-effectively." The full analyst notes on BlackRock are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/BLK/report.pdf
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Boston Properties Inc. Analyst Notes
On June 3, 2014, Boston Properties Inc. announced that it has established an "at the market" stock offering program that will allow the Company to sell up to $600 million of its common stock. According to the Company, the stock would be offered through BNY Mellon Capital Markets, LLC, BofA Merrill Lynch, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, who will be acting as sales agents for a three-year period. The program replaces the Company's prior $600 million "at the market" stock offering program that expired on June 2, 2014. According to the Company, net proceeds from the offering will be used for general corporate purposes, which may include investment opportunities and debt reduction. The full analyst notes on Boston Properties are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/BXP/report.pdf
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Regions Financial Corp. Analyst Notes
On June 11, 2014, Regions Financial Corp.'s subsidiary Regions Bank announced that it has recognized Batesville City President David Smith with the Regions Bank Better Life Award. According to the Company, the award recognizes Regions Bank's associate for outstanding dedication and job performance, as well as exemplary involvement and commitment to the community. In addition to the recognition, Regions Bank donates $1,000 in the name of the recipient to a charity of the winner's choice, and Smith chose the Alabama-Mississippi Chapter of the National Multiple Sclerosis Society for the same. "I know that money will someday lead to a cure for multiple sclerosis," Smith said. "But most people living with multiple sclerosis might not live to see that cure." The full analyst notes on Regions are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/RF/report.pdf
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CIT Group Inc. Analyst Notes
On June 12, 2014, CIT Group Inc.'s subsidiary CIT Bank announced the launch of its RampUp Family of CDs, which offers customers the option to raise their interest rates when rates go up. According to the Company, RampUp™ CDs allow customers to boost their rates and RampUp™ Plus CDs allow them to both boost the rate and bump up the initial deposit all within the CD's term. This new suite of flexible savings products builds on what was previously known as CIT Bank's Achiever CDs by expanding the range of terms from 1-Year to 4-Years. CIT Group Inc.'s President, and Chairman & CEO of CIT Bank, Nelson J. Chai commented, "Our RampUp™ Family of CDs is truly built around our customers, offering more flexibility than traditional CDs with the same competitive rates. The launch of these new CDs will provide customers with a broader range of terms and give them the ability to adjust to market fluctuations. It's a great way to help our customers achieve their savings goals and we encourage them to consider opening an account today." The full analyst notes on CIT are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/CIT/report.pdf
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Kimco Realty Corporation Analyst Notes
On June 11, 2014, Kimco Realty Corporation (Kimco Realty) announced that it will release its Q2 2014 earnings on Tuesday, July 29, 2014 after market close. A live webcast of the earnings conference call can be accessed on the Investor Relations section of Kimco Realty's website on Wednesday, July 30, 2014 at 10:00 a.m. EDT. The full analyst notes on Kimco Realty are available to download free of charge at:
http://www.analystsreview.com/Jun-17-2014/KIM/report.pdf
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