Dividends, Offers for Notes, Survey Results, and Rankings - Research Reports on Bank of America, Citigroup, JPMorgan Chase, Wells Fargo and Discover
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NEW YORK, September 22, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Bank of America Corporation (NYSE: BAC), Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Company (NYSE: WFC) and Discover Financial Services (NASDAQ: DFS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6642-100free.
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Bank of America Corporation Research Reports
On September 16, 2014, Bank of America Corporation (Bank of America) announced that its Board of Directors have declared a regular quarterly cash dividend of $18.125 per share on its 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on October 30, 2014 to shareholders of record as of October 1, 2014. The full research reports on Bank of America are available to download free of charge at:
http://www.analystsreview.com/Sep-22-2014/BAC/report.pdf
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Citigroup Inc. Research Reports
On September 9, 2014, Citigroup Inc. (Citigroup) announced the commencement of offers to purchase for cash: 5.500% Notes due 2017, with an aggregate principal amount outstanding of $1.25 billion; and 6.125% Notes due 2018, with an aggregate principal amount outstanding of c.$2.52 billion. According to Citigroup, these offers, totaling up to approximately $410 million aggregate principal amount of the Notes, are consistent with Citigroup's liability management strategy, and reflect its ongoing efforts to enhance the efficiency of its funding and capital structure. Citigroup informed that the offers are set to expire at 11:59 p.m., New York City time, on October 6, 2014, unless extended or earlier terminated. Subject to the terms and conditions set forth in the Offer to Purchase and the Letter of Transmittal, holders of Notes that are validly tendered on or prior to 5:00 p.m., New York City time, on September 22, 2014, unless extended and accepted for purchase shall be entitled to receive the total consideration calculated in the manner mentioned in the Offer to Purchase. The full research reports on Citigroup are available to download free of charge at:
http://www.analystsreview.com/Sep-22-2014/C/report.pdf
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JPMorgan Chase & Co. Research Reports
On September 16, 2014, JPMorgan Chase & Co. (JPMorgan Chase) announced that its Board of Directors has declared a quarterly dividend of $0.40 per share on the outstanding shares of the common stock. The dividend is payable on October 31, 2014, to stockholders of record at the close of business on October 6, 2014. The full research reports on JPMorgan Chase are available to download free of charge at:
http://www.analystsreview.com/Sep-22-2014/JPM/report.pdf
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Wells Fargo & Company Research Reports
On September 15, 2014, Wells Fargo & Company (Wells Fargo) reported the results of "How America Views Homeownership" survey conducted by the Company along with Ipsos Public Affairs. According to the survey, over two-thirds of Americans feel that it is a good time to buy a home, while others are reluctant to do so because of uncertainty about qualifying for a mortgage or navigating the homebuying process. Wells Fargo informed that the said nationwide survey of 2,017 adults also showed that many Americans report that their financial houses are in order, improving their ability to buy a home. "Although the homebuying process has changed in many ways in recent years, our survey found Americans still view homeownership as an achievement to be proud of and many believe that now is a good time to buy a home," said Franklin Codel, Head of Wells Fargo Home Mortgage Production. "Our survey also suggests we have an opportunity as lenders, nonprofit agencies and real estate agents to better inform Americans about credit ratings, mortgage costs and housing affordability. This would help demystify the homebuying experience for many consumers." The full research reports on Wells Fargo are available to download free of charge at:
http://www.analystsreview.com/Sep-22-2014/WFC/report.pdf
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Discover Financial Services Research Reports
On September 4, 2014, Discover Financial Services (Discover) announced a correction to its press release issued on August 28, 2014. As per the the updated release, the Company has secured the highest customer-satisfaction ranking among U.S. card companies, tying for top rating in 2014 J.D. Power U.S. Credit Card Satisfaction Study. Discover added that it ranks highest or second highest in every major category of the study, which is based on the opinions of more than 19,000 credit card users. Discover stated that it received the highest rating in the area of customer interaction. "As we seek to help cardmembers achieve brighter financial futures, Discover aims to make every single customer interaction a positive one," said David Nelms, Chairman and CEO of Discover. "We are so grateful for the honor of serving our cardmembers and for the recognition they've bestowed upon the 14,500 Discover employees who focus every day on providing them with the best products and service possible." The full research reports on Discover are available to download free of charge at:
http://www.analystsreview.com/Sep-22-2014/DFS/report.pdf
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