Dividends, Appointments and Promotions, and Exchange Offers - Analyst Notes on JPMorgan Chase, Radian, Chatham Lodging, Symetra and Endurance
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 18, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding JPMorgan Chase & Co. (NYSE: JPM), Radian Group Inc. (NYSE: RDN), Chatham Lodging Trust (NYSE: CLDT), Symetra Financial Corporation (NYSE: SYA) and Endurance Specialty Holdings Ltd. (NYSE: ENH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3829-100free.
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JPMorgan Chase & Co. Analyst Notes
On June 11, 2014, JPMorgan Chase & Co. (JPMorgan Chase) reported that the Company has declared dividends of $300.00 per share or $30.00 per related depositary share and $354.38 per share or c.$35.44 per related depositary share on its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series R and Series S, respectively. According to the Company, the dividends are payable on August 1, 2014, to respective stockholders of record as of the close of business on July 2, 2014. The full analyst notes on JPMorgan Chase are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/JPM/report.pdf
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Radian Group Inc. Analyst Notes
On June 4, 2014, Radian Group Inc. (Radian) reported that its mortgage insurance (MI) subsidiary, Radian Guaranty Inc., added five veteran mortgage industry professionals to its sales team. Joining the Company as Senior Account Managers for North Texas; Georgia and southern half of South Carolina; Chicago, Iowa and Nebraska; and North Carolina and Northern South Carolina are Joe Crumley, Ashley RouLaine, Amy Michalak, and Heather Bullard, respectively. Additionally, the Company stated that Lynn Koscher has been promoted to Divisional National Account Manager for the North Division. Radian Chief Franchise Officer, Brien McMahon, stated, "With the largest MI portfolio in the industry, we owe our success to our many loyal lending partners and are excited to expand our team to serve them even better than we do today." The full analyst notes on Radian are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/RDN/report.pdf
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Chatham Lodging Trust Analyst Notes
On June 11, 2014, Chatham Lodging Trust (Chatham Lodging) announced that its board of trustees declared a monthly common share dividend of $0.08 for June 2014. According to the Company, the common dividend is payable on July 25, 2014, to shareholders of record as of June 30, 2014. The full analyst notes on Chatham Lodging are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/CLDT/report.pdf
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Symetra Financial Corporation Analyst Notes
On June 9, 2014, Symetra Financial Corporation (Symetra) reported that its subsidiary Symetra Life Insurance Company appointed Harry Monti as Vice President of Group Life and Disability Operations. According to the Company, Monti will be based in Symetra's Enfield, Connecticut office, and will be responsible for leading the unit's administration and claims functions. Symetra Life Insurance Company's Senior Vice President of Group Life and Disability Income, Craig Raymond, stated, "Harry brings a breadth of industry knowledge along with a strong service-oriented operational background to Symetra's Group Life and Disability Income team - a combination that will be invaluable as we continue to position our group life and disability operation for growth by delivering an outstanding customer service experience. Harry has a great strategic sense for the business, and he understands the competitive value inherent to industry leading claims administration systems and processes." The full analyst notes on Symetra are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/SYA/report.pdf
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Endurance Specialty Holdings Ltd. Analyst Notes
On June 9, 2014, Endurance Specialty Holdings Ltd. (Endurance) announced the commencement of an exchange offer for all of the outstanding common shares of Aspen Insurance Holdings Limited (Aspen). According to the Company, under the terms of the exchange offer, each holder of Aspen common shares will have the right to receive for their Aspen common shares, at their election: all cash ($49.50 for each Aspen share); all Endurance common shares (c.0.9 Endurance shares for each Aspen share); or a combination of cash and Endurance common shares (c.0.6 Endurance common shares and $19.80 in cash for each Aspen share). Additionally, the Company stated that the exchange offer will expire on August 29, 2014, at 5:00 p.m. ET. Endurance informed that the exchange offer is in connection with its increased proposal to acquire Aspen announced on June 2, 2014. The full analyst notes on Endurance are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/ENH/report.pdf
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