Customer Security Enhancements, Litigation Outcomes, Dividends, and Conference Calls - Research Report on Citigroup, Visa, Discover Financial, Fifth Third Bancorp, and Capital One Financial
NEW YORK, September 23, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Citigroup Inc. (NYSE: C), Visa Inc. (NYSE: V), Discover Financial Services (NYSE: DFS), Fifth Third Bancorp. (NASDAQ: FITB), and Capital One Financial Corp. (NYSE: COF). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Citigroup Inc. Research Report
On September 16, 2013, Reuters reported that a Citigroup Inc. (Citigroup) C.N. unit has received directions from a securities arbitration panel to pay $3.1 million to a couple from Florida, who alleged that the firm did not properly supervise Scott Andrew King, a broker who worked for Citigroup between 2002 and 2005, leading them to invest in a politician's real estate developments that was later broken. According to Reuters' release, the arbitration panel found Citigroup liable and directed the Company to pay more than $1 million to cover the couple's lost real estate investments, and $2.1 million to cover the couple's share of the $10 million judgment. Reuters further reported that a Citigroup spokeswoman said, "We disagree with the award which was not supported by facts or law." The Full Research Report on Citigroup Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-19/C]
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Visa Inc. Research Report
On September 17, 2013, Jennifer Fischer, Head of Americas Payment System Security of Visa, posted on Visa Inc.'s (Visa) blog that the Company is evolving its strategies and practices to ensure that it is reaching consumers in relevant ways, including its efforts to educate consumers about payment security. Fischer stated that through Visa's flagship security event, the Visa Global Security Summit on October 2, 2013, two standout teams from Disrupt will present their creative apps that would help consumers learn payment security basics. According to the release on the blog, attendees vote will decide the app winner of the $5000 Developers Challenge Award. Fischer further wrote that the Company is excited to be tapped into the talent of the independent developer community to help expand its thinking on how to reach consumers via mobile. The Full Research Report on Visa Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-19/V]
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Discover Financial Services Research Report
On September 18, 2013, PULSE, a Discover Financial Services (Discover) company, announced that it has implemented a major upgrade to its DebitProtect Fraud Mitigation Service and introduced an optional fraud blocking service. Discover stated that with this system, transactions can be blocked in real time, enabling PULSE Participants to respond faster to suspected fraud before more fraud is reported on a card, thus reducing losses of the cardholder. The Company informed that in addition, financial institution participants may use an optional service that includes the development of custom rules specific to their organization, helping minimize the impact of false positives on cardholders. George Danforth, PULSE Vice President, Emerging Products, said, "This technology leap was necessary because fraud sophistication and speed are increasing, with fraud cycles becoming shorter, more varied and harder to detect. DebitProtect uses unique PULSE data, scoring and analytics to monitor debit transactions at ATMs and the point of sale and adds an additional layer of fraud detection to those provided by processors and in-house systems." The Full Research Report on Discover Financial Services - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-19/DFS]
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Fifth Third Bancorp. Research Report
On September 18, 2013, Fifth Third Bancorp. (Fifth Third) declared a Q3 2013 cash dividend on its common shares, worth $0.12. According to the Company, the cash dividend will be payable on October 17, 2013, to shareholders of record on September 30, 2013. The Full Research Report on Fifth Third Bancorp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-19/FITB]
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Capital One Financial Corp. Research Report
On September 17, 2013, Capital One Financial Corp. (Capital One) announced that the Company will report its Q3 2013 earnings results on October 17, 2013, at approximately 4:05 p.m. ET. The Company also informed that it will host a conference call at 5:00 p.m. ET on the same day to review the financial and operating performance for Q3 2013. According to Capital One, the live webcast of the call can be accessed at the Company's website and replay of the same will be available at the website 2 hours after the conference call, until 5:00 p.m. ET on November 7, 2013. The Full Research Report on Capital One Financial Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-19/COF]
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