Dividends, Upcoming Conference Schedules, Quarterly Earnings Releases, and Acquisitions - Research Reports on Wells Fargo, JPMorgan, Citigroup, Regions and Pfizer
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NEW YORK, July 31, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Wells Fargo & Co. (NYSE: WFC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Regions Financial Corp. (NYSE: RF) and Pfizer Inc. (NYSE: PFE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5304-100free.
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Wells Fargo & Co. Research Reports
On July 22, 2014, Wells Fargo & Co. (Wells Fargo) announced that the Company has declared a quarterly common stock dividend of $0.35 per share, payable on September 1, 2014, to holders of record on August 8, 2014. The dividend was approved by the Company's Board of Directors. Further, the recently announced dividend is unchanged from dividend announced in the preceding quarter. The full research reports on Wells Fargo are available to download free of charge at:
http://www.analystsreview.com/Jul-31-2014/WFC/report.pdf
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JPMorgan Chase & Co. Research Reports
On July 28, 2014, JPMorgan Chase & Co. (JPMorgan) reported that the Company's CFO Marianne Lake will present at the upcoming Barclays Global Financial Services Conference on September 9, 2014 at 1:00 p.m. ET at the Hilton Midtown in New York. The Company added that a live audio webcast of the presentation will be available on the day of the conference at its website. The full research reports on JPMorgan are available to download free of charge at:
http://www.analystsreview.com/Jul-31-2014/JPM/report.pdf
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Citigroup Inc. Research Reports
On July 16, 2014, Citigroup Inc. (Citigroup) announced that the Company's Board of Directors has declared a quarterly dividend of $0.01 per share on its common stock, payable on August 22, 2014 to holders of record on August 4, 2014. The Company's recently announced dividend is unchanged from the dividend announced in the previous quarter. The full research reports on Citigroup are available to download free of charge at:
http://www.analystsreview.com/Jul-31-2014/C/report.pdf
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Regions Financial Corp. Research Reports
On July 22, 2014, Regions Financial Corp. (Regions) released its Q2 2014 financial results with total revenue of $1.3 billion, down 2.0% YoY. The Company's Q2 2014 net interest margin (NIM) from continuing operations came in at 3.24%, compared to 3.16% in Q2 2013. During the quarter, the Company's Tier 1 Capital ratio was 12.5%, while Basel III common equity Tier 1 ratio (non-GAAP) was 11.0%, reflecting a strong capital position. The Company's Q2 2014 net income available to common shareholders increased to $292 million or $0.21 per diluted share, from $259 million or $0.18 per diluted share in Q2 2013. Commenting on the results, Grayson Hall, Chairman, President and CEO, stated, "These results demonstrate continued momentum as we effectively execute our business plans. By focusing on meeting our customers' needs, we are delivering sustainable and diversified revenue growth while controlling expenses and maintaining prudent credit standards." The full research reports on Regions are available to download free of charge at:
http://www.analystsreview.com/Jul-31-2014/RF/report.pdf
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Pfizer Inc. Research Reports
On July 16, 2014, Pfizer Inc. (Pfizer) and InnoPharma Inc. (InnoPharma) jointly announced an agreement under which Pfizer will acquire InnoPharma for an upfront cash payment of $225 million, along with contingent milestone payments of up to $135 million. The Company informed that InnoPharma's current portfolio includes 10 generic products approved by the U.S. Food and Drug Administration (FDA) plus a pipeline of 19 products filed with FDA and more than 30 injectable and ophthalmic products under development. John Young, Group President, Pfizer Global Established Pharma (GEP), said, "Today's announcement is an important milestone as we continue to look for innovative growth opportunities for our sterile injectables portfolio, which will increase to seventy three products with this acquisition." The Company expects the transaction to close in Q3 2014, subject to U.S. regulatory approvals. The full research reports on Pfizer are available to download free of charge at:
http://www.analystsreview.com/Jul-31-2014/PFE/report.pdf
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