Financial Companies Report Dividends, Expansions, Appointments, Financial Results - Analyst Notes on MetLife, MasterCard, American Express, Simon Property Group, and Ocwen Financial
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, March 13, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding MetLife, Inc. (NYSE: MET), MasterCard Incorporated (NYSE: MA), American Express Company (NYSE: AXP), Simon Property Group Inc. (NYSE: SPG), and Ocwen Financial Corp. (NYSE: OCN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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MetLife, Inc. Analyst Notes
On March 5, 2014, MetLife, Inc. (MetLife) confirmed the Company's previously announced declaration of its Q1 2014 dividends of $0.25 per share on its floating rate non-cumulative preferred stock, Series A (NYSE: METPrA), and $0.41 per share on its 6.50% non-cumulative preferred stock, Series B (NYSE: METPrB). According to the release, the dividends will be payable on March 17, 2014, to shareholders of record as of February 28, 2014. The full analyst notes on MetLife, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03132014/MET/report.pdf
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MasterCard Incorporated Analyst Notes
On March 4, 2014, MasterCard Incorporated (MasterCard) announced the Company's expansion into seven new markets across Central and West Africa. According to the release, the addition of Chad, Central African Republic, Guinea-Bissau, Liberia, Sierra Leone, Rwanda, and The Gambia to the Company's network extends its presence to 48 of Africa's 55 markets. Commenting on the news, Michael Miebach, Middle East and Africa President at MasterCard, stated, "Africa's ongoing economic development, steady population growth and encouraging political outlook means that there is an increasing need for innovative and secure payment solutions that address market needs. The continent has immense strategic importance to MasterCard and we will continue to invest in infrastructure, people and know-how in this part of the world. This has been the fastest growing area for MasterCard for the past few years, and we expect it to continue to register high growth." The full analyst notes on MasterCard Incorporated are available to download free of charge at:
http://www.AnalystsReview.com/03132014/MA/report.pdf
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American Express Company Analyst Notes
On March 10, 2014, American Express Company (American Express) announced several new technology initiatives at the SXSW Interactive Festival, to promote financial inclusions in the U.S. According to the Company, the initiatives include a new program from American Express Ventures to support startups, establishment of a Financial Innovation Lab, and sponsorship of a documentary. Commenting on the news, Dan Schulman, Group President, Enterprise Growth, American Express, stated, "We want to help modernize traditional banking and advance the next generation of products. By supporting new technology as well as the work of researchers and promising startups, I believe we can bring more people from the margins to the mainstream." The full analyst notes on American Express Company are available to download free of charge at:
http://www.AnalystsReview.com/03132014/AXP/report.pdf
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Simon Property Group Inc. Analyst Notes
On February 28, 2014, Simon Property Group Inc. (Simon Property Group) announced that Tom Ward has been named as the Company's Vice President, Investor Relations. According to Simon Property Group, Tom Ward will report to Liz Zale, Senior Vice President of Corporate Affairs, and will lead the Company's investor relations team. Commenting on the appointment, Steve Sterrett, CFO stated, "Tom comes to Simon Property Group with a breadth of experience working in investor relations for major corporations and we look forward to having him continue his track record of success." Liz Zale then added, "We're excited to add Tom to the Simon team, and are confident that the investment community will benefit from his unique perspective representing companies from real estate and hospitality to technology." The full analyst notes on Simon Property Group Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03132014/SPG/report.pdf
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Ocwen Financial Corp. Analyst Notes
On February 27, 2014, Ocwen Financial Corp. (Ocwen Financial) reported its Q4 2013 and full-year 2013 financial results. Total revenue for Q4 2013 went up by 135.0% YoY to $556.0 million, while total revenue for full-year 2013 increased by 141.2% YoY to $2.0 billion. Q4 2013 net income attributable to the Company's common stockholders was $104.3 million or $0.74 per diluted share, compared to net income attributable to the Company's common stockholders of $65.2 million or $0.47 per diluted share in Q4 2012. Full-year 2013 net income attributable to Ocwen common stockholders was $282.1 million or $2.02 per diluted share, compared to net income attributable to Ocwen common stockholders of $180.8 million or $1.31 per diluted share in full year 2012.The full analyst notes on Ocwen Financial Corp. are available to download free of charge at:
http://www.AnalystsReview.com/03132014/OCN/report.pdf
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