Financial Companies Report Dividends, Appointments, Agreements, and Recognitions - Analyst Notes on RPAI, Associated Bank, RAIT Financial Trust, BGC and BofI Holding
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NEW YORK, May 7, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Retail Properties of America, Inc. (NYSE: RPAI), Associated Banc Corp. (NASDAQ: ASBC), RAIT Financial Trust (NYSE: RAS), BGC Partners, Inc. (NASDAQ: BGCP) and BofI Holding Inc. (NASDAQ: BOFI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2120-100free.
Retail Properties of America, Inc. Analyst Notes
On April 22, 2014, the Board of Directors of Retail Properties of America, Inc. (RPAI) announced a Q2 2014 dividend of $0.44 per share on the Company's 7.00% Series A Cumulative Redeemable Preferred Stock, payable on June 30, 2014 to preferred stockholders of record as of June 19, 2014. Additionally, RPAI declared a Q2 2014 dividend of $0.17 per share on its outstanding Class A common stock, payable on July 10, 2014 to Class A common stockholders of record as of June 27, 2014. The full analyst notes on RPAI are available to download free of charge at:
http://www.analystsreview.com/2120-RPAI-07May2014.pdf
Associated Banc Corp. Analyst Notes
On April 29, 2014, Associated Banc Corp. (Associated Bank) announced that it has hired Keith Butala as Assistant Vice President, Relationship Manager, with Associated Bank, working with senior business leaders to provide commercial banking relationships resulting in optimal sales growth. Additionally, the Company stated that Corry Harris has joined Associated Bank, as Bank Manager for the location at 2311 W. Pioneer Pwy, Peoria, III. In his new role, Harris develops new business relationships and grows existing relationships working closely with internal departments to provide customized banking products. The full analyst notes on Associated Bank are available to download free of charge at:
http://www.analystsreview.com/2120-ASBC-07May2014.pdf
RAIT Financial Trust Analyst Notes
On April 29, 2014, RAIT Financial Trust announced the completion of a non-recourse, floating-rate CMBS transaction collateralized by floating rate commercial real estate first lien mortgage loans and participations originated by RAIT totaling approximately $196 million. According to the Company, the transaction involved the issuance and sale by a RAIT Financial Trust subsidiary of investment grade notes totaling approximately $155.9 million with a weighted average cost of LIBOR plus 1.79%, which provide an advance rate to the Company subsidiary of approximately 79.5%. In addition, RAIT Financial Trust stated that its affiliates retained all of the issuer's un-rated subordinated interests totaling c. $40.2 million. The full analyst notes on RAIT Financial Trust are available to download free of charge at:
http://www.analystsreview.com/2120-RAS-07May2014.pdf
BGC Partners, Inc. Analyst Notes
On May 1, 2014, BGC Partners, Inc. (BGC) announced that it intends to expand its Latin American presence with an agreement to acquire Remate Lince, S.A.P.I. de C.V. (Remate), marking the Company's first acquisition agreement in Latin America since the acquisition of Brazil's Liquidez DTVM Ltda. in 2009 and highlights the Company's ambitions to expand its position in this important strategic region, drive liquidity and market connectivity to its customer base in Latin America, and export peso-denominated products to our global platform. Commenting on the news, Shaun D. Lynn, Company President, stated, "BGC is one of the fastest growing inter-dealer brokers in the industry. We continue to expand our international footprint and suite of products, delivering exceptional value to our clients. Remate has earned a premier reputation in the Latin American marketplace and we are excited to sign an agreement with them and welcome them to the BGC family shortly." The full analyst notes on BGC are available to download free of charge at:
http://www.analystsreview.com/2120-BGCP-07May2014.pdf
BofI Holding Inc. Analyst Notes
On April 29, 2014, BofI Holding Inc. (BofI Holding) announced that it has retained its ranking as the best performing thrift for 2013 and was named the best of the 100 biggest public thrifts by asset size for 2013 as announced by SNL Financial. According to the Company, SNL Financial previously named BOFI the top-performing thrift for the year 2012, up from the number two position in 2011 and 2010. BofI Holding, Inc., and its subsidiary BofI Federal Bank President and CEO, Gregory Garrabrants, stated, "Once again we are honored by this recognition -- a number one finish for the second year in a row and a top five finish over previous years is indicative of the strength and efficiency of our business model. The most important objective of our business model is to create superior long-term value for our customers and stockholders and we are well-positioned to continue to meet this goal." The full analyst notes on BofI Holding are available to download free of charge at:
http://www.analystsreview.com/2120-BOFI-07May2014.pdf
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