Fund Management Recognitions, Common Stock Dividend, and New Liability Program - Analyst Notes on Fortress, Sun Communities, Allied World, PrivateBancorp and New Residential
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NEW YORK, July 4, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Fortress Investment Group LLC (NYSE: FIG), Sun Communities Inc. (NYSE: SUI), Allied World Assurance Company Holdings, AG (NYSE: AWH), PrivateBancorp Inc. (NASDAQ: PVTB) and New Residential Investment Corp. (NYSE: NRZ). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4447-100free.
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Fortress Investment Group LLC Analyst Notes
On June 30, 2014, Fortress Investment Group LLC (Fortress) announced that it has been named by Institutional Investor magazine as the "Institutional Hedge Fund Manager of the Year" for its outstanding achievement across Fortress Credit and Liquid Markets hedge fund strategies acknowledging successful management of nearly $14 billion on behalf of institutional investors and private clients. The award recognizes the Company's outstanding performance in its flagship Drawbridge Special Opportunities and Fortress Macro funds which recorded net returns of 18.4% and 14.1%, respectively, in 2013. In previous years, the Company received recognitions from the Institutional Investor including the "Discretionary Macro-Focused Hedge Fund of the Year" award in 2012, and "Credit-Focused Fund of the Year" for both 2011 and 2010. The full analyst notes on Fortress are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/FIG/report.pdf
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Sun Communities Inc. Analyst Notes
On June 18, 2014, the Board of Directors of Sun Communities Inc. (Sun Communities) declared a quarterly dividend of $0.65 per share of common stock for Q2 2014, which will be paid on July 18, 2014 to shareholders of record on June 30, 2014. The Company also declared a dividend of c. $0.45 per share on the Company's 7.125% Series A Cumulative Redeemable Preferred Stock, payable on July 15, 2014 to shareholders of record on July 1, 2014. The full analyst notes on Sun Communities are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/SUI/report.pdf
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Allied World Assurance Company Holdings, AG Analyst Notes
On June 25, 2014, Allied World Assurance Company Holdings, AG (Allied World) announced that Allied World North America and WKFC Underwriting Managers have launched a special event liability program, which is designed to address the duration of an event for up to a period of one year, covering a broad range of risks in all 50 states. Allied World North America Senior Vice President of Programs Grace Meek commented, "This latest program launch is another demonstration of our continued commitment to address evolving risks in the U.S. market. Special event insurance is one of the most responsible decisions you can make when planning an event, given the amount of time and energy put into execution. We collaborated with WKFC to provide this unique coverage because of their expertise in this area. I look forward to working with them personally to build this book of business." Available coverages include commercial general liability, liquor liability and spectator liability. The full analyst notes on Allied World are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/AWH/report.pdf
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PrivateBancorp Inc. Analyst Notes
On June 30, 2014, PrivateBancorp Inc. (PrivateBancorp) announced that it will release the financial results for Q2 2014 on July 17, 2014, before the market open. The Company added that it will host a conference call on the same day, at 11:00 a.m. ET, to review the results. The call will be webcast live, and a replay version will be accessible via the "Second Quarter 2014 Earnings Conference Call" link on the Investor Relations page of the Company's website. The full analyst notes on PrivateBancorp are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/PVTB/report.pdf
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New Residential Investment Corp. Analyst Notes
On June 17, 2014, New Residential Investment Corp.'s (New Residential) Board of Directors declared a quarterly cash dividend of $0.175 per common share and a special cash dividend of $0.075 per common share for Q2 2014. The declared dividends are payable on July 31, 2014, to shareholders of record as of June 27, 2014. The full analyst notes on New Residential are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/NRZ/report.pdf
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