Financial Companies Report Dividends and New Appointments - Analyst Notes on Simon Property Group, EastGroup Properties, Cathay General, Government Property Income Trust, and City National
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NEW YORK, April 14, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Simon Property Group Inc. (NYSE: SPG), EastGroup Properties Inc. (NYSE: EGP), Cathay General Bancorp (NASDAQ: CATY), Government Properties Income Trust (NYSE: GOV), and City National Corp. (NYSE: CYN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1039-100free
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Simon Property Group Inc. Analyst Notes
On April 7, 2014, Simon Property Group Inc. (Simon Property Group) announced that it has amended and extended its $4.0 billion unsecured multi-currency revolving credit facility. According to the release, the newly refinanced facility can be increased to $5.0 billion during its term and will initially mature on June 30, 2018. Commenting on the release, Company Chairman and CEO, David Simon, stated, "The newly refinanced credit facility extends the duration to more than five years while providing a reduction in our borrowing costs. This further enhances our already strong financial flexibility, and with our existing $2.0 billion revolver, provides $6.0 billion of total revolving credit capacity for the Company." The full analyst notes on Simon Property Group Inc. are available to download free of charge at:
http://www.analystsreview.com/1039-SPG-14Apr2014.pdf
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EastGroup Properties Inc. Analyst Notes
On March 31, 2014, EastGroup Properties Inc. (EastGroup Properties) announced that it will hold its Q1 2014 conference call and webcast on April 17, 2014, at 11:00 a.m. ET. According to the Company, during the conference call, President and CEO, David Hoster, along with CFO Keith McKey, will review the Q1 2014 results and discuss its current operations. Additionally, EastGroup Properties stated that it will release its Q1 2014 earnings results on the day before, April 16, 2014, on its website. The full analyst notes on EastGroup Properties Inc. are available to download free of charge at:
http://www.analystsreview.com/1039-EGP-14Apr2014.pdf
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Cathay General Bancorp Analyst Notes
On April 7, 2014, Cathay General Bancorp (Cathay General) announced that it will report its Q1 2014 financial results on April 16, 2014, after the market close. The Company has also scheduled a conference call on the same day at 3:00 p.m. PT or 6:00 p.m. ET. The full analyst notes on Cathay General Bancorp are available to download free of charge at:
http://www.analystsreview.com/1039-CATY-14Apr2014.pdf
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Government Properties Income Trust Analyst Notes
On April 8, 2014, Government Properties Income Trust announced that the Company has declared a regular quarterly common share distribution of $0.43 per common share ($1.72 per share per year). According to the Company, the distribution will be paid on May 21, 2014, to its common shareholders of record as of the close of business on April 25, 2014. The full analyst notes on Government Properties Income Trust are available to download free of charge at:
http://www.analystsreview.com/1039-GOV-14Apr2014.pdf
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City National Corp. Analyst Notes
On April 1, 2014, City National Corp. (City National) announced the appointment of Michael R. Walker as Executive Vice President and Regional Executive of the Company's growing Bay Area region. According to the release, Walker will be responsible for the Company's commercial banking activities throughout the Bay Area, and will join the Company's 21-member Executive Committee, succeeding Robert Brant who retired last year. Commenting on the release, Christopher Warmuth, President of City National Bank, stated, "We're delighted that Michael will lead the continued growth of our Northern California operations. City National is a leading lender to the Bay Area's business community, and Michael is committed to helping local companies succeed." The full analyst notes on City National Corp. are available to download free of charge at:
http://www.analystsreview.com/1039-CYN-14Apr2014.pdf
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