New Airbus Delivery, National Credit Trends, Financing Facilities, Stock Price Updates, and Quarterly Cash Dividends - Research Report on CIT, Equifax, Fifth Street Finance, PHH, and CapitalSource
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, December 16, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting CIT Group Inc. (NYSE: CIT), Equifax Inc. (NYSE: EFX), Fifth Street Finance Corp. (NASDAQ: FSC), PHH Corporation (NYSE: PHH) and CapitalSource Inc. (NYSE: CSE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
CIT Group Inc. Research Report
On December 10, 2013, CIT Group Inc. (CIT) announced that its aircraft leasing division, CIT Aerospace has delivered a new Airbus A320-200 to Air Corsica. The Company informed that the aircraft, MSN 5887, is powered by CFM International CFM56-5B6/3 engines and is the first aircraft that CIT Aerospace has placed with the airline. The Full Research Report on CIT Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/4d4e_CIT
--
Equifax Inc. Research Report
On December 10, 2013, Equifax Inc. (Equifax) released its new National Credit Trends Report data. According to the report, in six of the 25 largest metro areas (Dallas, Pittsburgh, Houston, Portland, Boston, and Denver), consumer debt - along with credit cards, mortgage, auto financing, home equity loans and student loans - went up over the last 12 months. Further, the report stated that consumer debt remained roughly flat at $11.01 trillion across the country at the end of Q3 2013. Trey Loughran, President of Equifax Personal Solutions, commented, "For the most part, the metropolitan areas where consumer debt is increasing are places that did not experience an extreme housing boom and subsequent bust. In these six markets, consumers are generally growing more confident." He added, "Americans are feeling more confident and shedding their debt more slowly." However, Loughran also stated that consumers are still showing discipline and being careful in their purchases, and therefore does not expect consumer spending or consumer debt to accelerate dramatically. The Full Research Report on Equifax Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/731c_EFX
--
Fifth Street Finance Corp. Research Report
On December 2, 2013, Fifth Street Management LLC (Fifth Street), the alternative asset manager and SEC-registered investment adviser of Fifth Street Finance Corp. (Fifth Street Finance), announced that it has arranged a $47 million one-stop financing facility and a $2 million equity co-investment supporting Moelis Capital Partners' (MCP) acquisition of OmniSYS, LLC (OmniSYS). The facility contains a $42 million term loan and a $5 million revolver led by the Company, in convergence with another business development company. Andy Kieffer, a partner of Moelis Capital Partners commented, "Fifth Street demonstrated great flexibility throughout this transaction. Although the turnaround timeframe was very tight, Fifth Street was able to quickly grasp our vision for OmniSYS and deliver on its financing commitment as promised." Juan Alva, a partner of Fifth Street, added, "We are delighted MCP chose us to lead this deal. We look forward to strengthening our relationship even further in the years ahead." The Full Research Report on Fifth Street Finance Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/0c6c_FSC
--
PHH Corporation Research Report
On December 11, 2013, PHH Corporation's (PHH) stock declined 1.74%, ending the day at $23.15. Over the previous three trading sessions, shares of PHH declined 0.86% compared to the Dow Jones Industrial Average which also declined 1.10% during the same period. The Full Research Report on PHH Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/19e2_PHH
--
CapitalSource Inc. Research Report
On December 3, 2013, CapitalSource Inc. (CapitalSource) declared a quarterly cash dividend of $0.01 per share on its common stock for Q4 2013. According to the Company, shareholders of record on December 13, 2013 will be paid the dividends on December 27, 2013. The Full Research Report on CapitalSource Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/8f0b_CSE
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner
Share this article