Expansive Redevelopment, Updated Bank Credit Facility, Dividends, Acquisition, and Appointments - Analyst Notes on AIG, UDR, Strategic Hotels & Resorts, Regency Centers and StanCorp Financial Group
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NEW YORK, June 24, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding American International Group, Inc. (NYSE: AIG), UDR, Inc. (NYSE: UDR), Strategic Hotels & Resorts, Inc. (NYSE: BEE), Regency Centers Corporation (NYSE: REG) and StanCorp Financial Group Inc. (NYSE: SFG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4045-100free.
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American International Group, Inc. Analyst Notes
On June 19, 2014, American International Group, Inc. (AIG) announced that the Company has entered into an amended and restated 5-Year $4 billion Bank Credit Facility. According to the Company, the amended and restated facility replaces the previous 4-Year $4 billion facility that it has entered into in October 2012. AIG further stated that along with the tenor increase, the entire $4 billion facility is now available as a revolving credit and for the issuance of letters of credit. AIG Executive Vice President and CFO, David Herzog, remarked, "We are pleased to have the support of our lenders in amending this credit facility. The terms of this newly amended and restated facility provide greater flexibility to AIG and our subsidiaries." The full analyst notes on AIG are available to download free of charge at:
http://www.analystsreview.com/4045-AIG-24Jun2014.pdf
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UDR, Inc. Analyst Notes
On June 19, 2014, UDR, Inc. (UDR) announced that its Board of Directors has declared a regular quarterly dividend on its common stock as well as on its Series E preferred stock for Q2 2014. According to UDR, a dividend of $0.26 per share is payable in cash on July 31, 2014, to the Company's common stock shareholders of record as of July 10, 2014. Meanwhile, the Board of Directors of UDR declared a regular quarterly dividend of $0.3322 per share on its Series E preferred stock, payable on July 31, 2014 to Series E preferred stock shareholders of record as of July 10, 2014. The full analyst notes on UDR are available to download free of charge at:
http://www.analystsreview.com/4045-UDR-24Jun2014.pdf
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Strategic Hotels & Resorts, Inc. Analyst Notes
On June 12, 2014, Strategic Hotels & Resorts, Inc. announced that it has closed on the acquisition of the remaining 63.6% ownership interest in the Hotel del Coronado for $210.0 million. Additionally, the Company stated that the transaction valued the asset at $787.0 million with the inclusion of the assumption of the existing $475.0 million mortgage financing. The full analyst notes on Strategic Hotels & Resorts are available to download free of charge at:
http://www.analystsreview.com/4045-BEE-24Jun2014.pdf
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Regency Centers Corporation Analyst Notes
On June 16, 2014, Regency Centers Corporation (Regency Centers) announced that the Kings Park Shopping Center, located in Burke, Virginia, will be receiving an updated facelift, enhanced common areas and structural expansion. Regency Centers' Senior Vice President and Senior Market Officer, Alan Roth, stated, "Regency Centers placed a keen focus on 'placemaking' by enhancing the overall experience for the customer. As a result, residents will not only see improvements to their shopping center with the traditional re-surface of the parking lot and updated façade, they will be thrilled with the warmth provided through new landscaping and the ability to mingle with neighbors in the new outdoor hardscape patio areas." The full analyst notes on Regency Centers are available to download free of charge at:
http://www.analystsreview.com/4045-REG-24Jun2014.pdf
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StanCorp Financial Group Inc. Analyst Notes
On June 9, 2014, StanCorp Financial Group Inc.'s subsidiary StanCorp Equities, Inc. (The Standard) announced the appointment of Joe Bruns and Mark Schatzel, two new retirement plan consultants for its Eastern Sales region. According to the Company, Bruns will support retirement plan advisors in the Baltimore-Washington metropolitan area, while Schatzel will support advisors in Pennsylvania. Commenting on the appointment, Dan Hall, Vice President of Retirement Plan Sales for The Standard, said, "We are excited about the depth of industry knowledge and experience that Joe and Mark bring to The Standard. The addition of two sales team members in the Northeast will enhance our ability to support advisors in the region. Mark and Joe will be focused on helping advisors grow their practice and implement customized retirement plan solutions for their plan sponsor clients." The full analyst notes on StanCorp Financial Group are available to download free of charge at:
http://www.analystsreview.com/4045-SFG-24Jun2014.pdf
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