Initiative for Property Preservation, Earnings Schedule, Asset Acquisition, and Credit Facility Update - Analyst Notes on Assurant, Zions Bank, PartnerRe, Apollo Global and Omega
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NEW YORK, July 7, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Assurant Inc. (NYSE: AIZ), Zions Bancorp (NASDAQ: ZION), PartnerRe Ltd. (NYSE: PRE), Apollo Global Management, LLC (NYSE: APO) and Omega Healthcare Investors Inc. (NYSE: OHI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4501-100free.
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Assurant Inc. Analyst Notes
On June 24, 2014, Assurant Inc. (Assurant) reported that Assurant Field Asset Services, a business unit of the Company's Assurant Specialty Property, has started working on the preservation of foreclosed or vacant properties, citing the negative impact they bring on entire neighborhood. Rob Cooper, Assurant Field Asset Services Managing Director, commented, "The housing crisis has abated, but many properties remain in foreclosure or vacant. That's a potential issue for the entire neighborhood. Even a handful of vacant homes can have a devastating effect on a community, without proper care." The Company's efforts in preserving the properties include securing vacant properties from hazardous debris, winterizing plumbing fixtures, and ensuring proper maintenance of lawns. The full analyst notes on Assurant are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/AIZ/report.pdf
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Zions Bancorp Analyst Notes
On July 1, 2014, Zions Bancorp. (Zions Bank) announced that it is set to report its Q2 2014 earnings results on Monday, July 21, 2014, after the market closes. The Company will also hold a conference call to discuss the results at 5:30 p.m. ET, on the same day. The call will be broadcast live via the Company's website. The full analyst notes on Zions Bank are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/ZION/report.pdf
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PartnerRe Ltd. Analyst Notes
On June 25, 2014, PartnerRe Ltd. (PartnerRe) announced that it will release its Q2 2014 and half year results on Monday, July 28, 2014, after the market close. In addition, the Company will hold a conference call on Tuesday, July 29, 2014, at 10:00 a.m. ET, to review the results. A live webcast of the call can be accessed via the Investor Relations section of the Company's website. The full analyst notes on PartnerRe are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/PRE/report.pdf
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Apollo Global Management, LLC Analyst Notes
On June 26, 2014, Apollo Global Management, LLC (Apollo) announced that Jupiter Resources, a portfolio investment of funds managed by affiliates of the Company, has entered into an agreement to acquire Encana's Bighorn assets including approximately 360,000 net acres of land in the Alberta Deep Basin for CAD2.0 billion. The properties also include first quarter production of 319 mmcfe/d of liquids-rich natural gas. Greg Beard, Apollo's Global Head of Natural Resources and Senior Partner, commented, "The success of our energy investment management efforts depends heavily on identifying and supporting superior management teams. The Jupiter Resources management team has the experience, track record, skill set, and focus that we seek, and we are delighted to invest with them." The full analyst notes on Apollo Global are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/APO/report.pdf
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Omega Healthcare Investors Inc. Analyst Notes
On June 30, 2014, Omega Healthcare Investors Inc. (Omega) announced that it has entered into a new $1.2 billion unsecured credit facility, which consists of a $1 billion unsecured revolving credit facility and a $200 million unsecured term loan facility, effective June 27, 2014. The 2014 Credit facilities, which replace Omega's previous $700 million senior unsecured credit facility, allow the Company to expand its borrowing capacity to $1.75 billion through an "accordion feature." The Revolving Credit Facility will be used for acquisitions and general corporate purposes. "We are extremely pleased with the significant additional capacity and favorable terms provided by the new unsecured credit facility," stated Taylor Pickett, Omega's President and CEO. "Our banks have been terrific business partners as we have continued to grow our portfolio. We are particularly appreciative of their recognition of Omega's credit quality, financial strength, and conservative balance sheet management," added Pickett. The full analyst notes on Omega are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/OHI/report.pdf
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