Offers for Notes, Dividends and Distributions, Financial Results, Appointments and Expansions - Research Report on Citigroup, Popular, Ambac, DuPont Fabros, and BofI
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NEW YORK, November 20, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Citigroup, Inc. (NYSE: C), Popular, Inc. (NASDAQ: BPOP), Ambac Financial Group, Inc. (NASDAQ: AMBC), DuPont Fabros Technology, Inc. (NYSE: DFT), and BofI Holding Inc. (NASDAQ: BOFI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Citigroup, Inc. Research Report
On November 12, 2013, Citigroup, Inc. (Citigroup) announced the commencement of offers to purchase three series of outstanding notes. The Company stated that the offers which currently total up to $450 million are consistent with the Company's liability management strategy and reflect its ongoing efforts to enhance the efficiency of its funding and capital structure. According to Citigroup, the offers listed included principal amounts of c.$377.5 million for the 5.850% notes due 2034, c.$433.7 million for the 5.875% notes due 2037, and c.$1.2 billion for the 6.875% notes due 2038. Additionally, the offers will expire on December 10, 2013, at 11:59 p.m. New York City time, unless extended or terminated earlier. The Full Research Report on Citigroup, 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/7010_C
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Popular, Inc. Research Report
On November 5, 2013, Popular, Inc. (Popular) announced that it has declared monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock. According to the Company, it has declared a monthly cash dividend of c.$0.13 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A; and that of c.$0.17 per share of 8.25% Non-cumulative Monthly Income Preferred Stock, Series B. Additionally, the Company also declared monthly distributions of c.$0.14 per security of 6.70% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust I; and that of c.$0.13 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II. The Company stated that both dividends and monthly distributions are payable on December 2, 2013, to shareholders of record as of November 15, 2013. The Full Research Report on Popular, 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/f129_BPOP
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Ambac Financial Group, Inc. Research Report
On November 13, 2013, Ambac Financial Group, Inc. (Ambac) reported its Q3 2013 financial results. Net income attributable to common shareholders was $231 million or $4.98 per diluted share in Q3 2013, compared to $157.5 million or $0.52 per diluted share in Q3 2012. Diana Adams, President and CEO of Ambac, stated, "We are making good progress on our two strategic priorities - realizing the maximum return on our investment in Ambac Assurance and seeking to diversify and grow our business focus and broaden our revenue base. We are committed to driving value through the execution of these strategies and to providing transparency regarding our progress and performance." The Full Research Report on Ambac Financial 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/580a_AMBC
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DuPont Fabros Technology, Inc. Research Report
On November 11, 2013, DuPont Fabros Technology, Inc. (DuPont Fabros) announced that Jeffrey H. Foster has been named as the Company's Executive Vice President and CFO, succeeding Mark Wetzel, who resigned from his position to pursue other opportunity. Commenting on the appointment, Hossein Fateh, DuPont Fabros President and CEO stated, "We feel very confident that Jeff's experience as DFT's Chief Accounting Officer from the time of our formation, and his interaction with the Company's investors during that period, makes him a natural fit for the CFO role. This experience, as well as Jeff's broad background in a variety of financial and accounting roles, will allow DFT to continue its rapid growth and maintain its position as one of the premier developers and operators of enterprise-class, wholesale data center facilities." The Full Research Report on DuPont Fabros Technology, 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/4c83_DFT
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BofI Holding Inc. Research Report
On November 12, 2013, BofI Federal Bank, a subsidiary of BofI Holding Inc., announced the expansion of its Commercial and Industrial Lending, Lender Finance Division (C&I) under the leadership of Patrick Walsh and Salvatore Salzillo. The Company stated that BofI Federal Bank's C&I lending platform offers financing solutions to specialty finance companies with requirements of $10 million to $40 million. Greg Garrabrants, President and CEO of BofI Federal Bank, stated, "BofI has a strong brand and reputation in providing debt capital to real estate private lenders and we look forward to gaining greater market recognition for the other asset classes financed by the Bank's Lender Finance Division to add to our strong reputation in real estate warehouse and term facilities for real estate private lenders. With a collective lending experience of over 60 years, the C&I senior management team of Pat Walsh and Sal Salzillo provides creative solutions to specialty finance companies that are looking to raise debt capital." The Full Research Report on BofI Holding 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/0060_BOFI
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