Quarterly Financial Results, Rejected Proposals, Business Separations, Appointments, and Stock Movements - Analyst Notes on Citigroup, Aspen Insurance, Ocwen Financial, Cash America, and Nationstar

NEW YORK, April 22, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Citigroup, Inc. (NYSE: C), Aspen Insurance Holdings Ltd. (NYSE: AHL), Ocwen Financial Corp. (NYSE: OCN), Cash America International, Inc. (NYSE: CSH), and Nationstar Mortgage Holdings Inc. (NYSE: NSM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

--

Citigroup, Inc. Analyst Notes 

On April 14, 2014, Citigroup, Inc. (Citigroup) reported its Q1 2014 financial results. Total revenues for Q1 2014 increased by 13.2% QoQ and decreased by 0.6% YoY to $20.1 billion. Net income for Q1 2014 was $3.9 billion, or $1.23 per diluted share, compared to Q1 2013 net income of $3.8 billion or $1.23 per diluted share. CEO Michael Corbat stated, "Despite a quarter that was difficult for our company, we delivered strong results. Both our consumer and institutional businesses performed well and we grew both loans and deposits while holding the line on our expenses. We reduced our deferred tax assets more than any other quarter since the crisis and drove Citi Holdings closer to break even. We are committed to bringing our capital planning process to the highest possible standards, befitting an institution of our global reach." The full analyst notes on Citigroup, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04222014/C/report.pdf

--

Aspen Insurance Holdings Ltd. Analyst Notes 

On April 14, 2014, Aspen Insurance Holdings Ltd. (Aspen) announced that after careful evaluation with the assistance of the Company's financial and legal advisors, its Board of Directors has unanimously determined to reject an unsolicited proposal from Endurance Specialty Holdings Ltd. (Endurance) to acquire the Company for $47.50 per share, 60% in Endurance common stock and 40% in cash. Commenting on the development, Glyn Jones, Chairman of the Board of Directors, Aspen, stated, "After careful review and deliberation, the Board of Directors unanimously determined that Endurance's proposal is not in the best interests of Aspen or its shareholders. Endurance has a mixed operating track record, new leadership, an unproven strategy, and no experience with large acquisitions. Moreover, this transaction would be highly disruptive to Aspen's corporate culture, which has proven to be a significant competitive advantage in the marketplace." The full analyst notes on Aspen Insurance Holdings Ltd. are available to download free of charge at:

http://www.AnalystsReview.com/04222014/AHL/report.pdf

--

Ocwen Financial Corp. Analyst Notes 

On April 14, 2014, Ocwen Financial Corp.'s (Ocwen Financial) stock reflected an increase of 4.30%, closing at $39.58. However, for the past one-month trading period, the Company's stock slipped by 1.43%, compared to the Dow Jones Industrial Average which went up by 0.67% during the same trading period. The full analyst notes on Ocwen Financial Corp. are available to download free of charge at:

http://www.AnalystsReview.com/04222014/OCN/report.pdf

--

Cash America International, Inc. Analyst Notes 

On April 10, 2014, Cash America International, Inc. (Cash America) announced that its Board of Directors has authorized management to review potential strategic alternatives including a tax-free spin-off for the separation of its online lending business comprising its e-commerce division, Enova International, Inc. (Enova). According to the Company, management will analyze the potential separation and will make a final recommendation to the Board in 2014 or if the Board approves a separation, a transaction is expected to be completed by late 2014 or early 2015, subject to market, regulatory and other conditions. Commenting on the announcement, President and CEO Daniel R. Feehan stated, "We now think that pursuing a separation of the businesses and management teams into two discrete companies is potentially very beneficial for the operating activities and ongoing strategy of each business." The full analyst notes on Cash America International, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04222014/CSH/report.pdf

--

Nationstar Mortgage Holdings Inc. Analyst Notes 

On April 2, 2014, Nationstar Mortgage Holdings Inc. (Nationstar) announced two new leadership appointments with David Hisey as Chief Strategy and External Affairs Officer and Robert Stiles as CFO. According to the Company, Mr. Hisey, current CFO, will be assuming the newly-created position of Chief Strategy and External Affairs Officer and will lead several key departments that have been aligned to develop and drive implementation of the Company's strategic plans and external relations efforts. Additionally, Nationstar stated that currently Mr. Stiles, the current CFO of Solutionstar (a wholly-owned subsidiary of the Company), will expand his responsibilities and assume the CFO role at Nationstar. The full analyst notes on Nationstar Mortgage Holdings Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04222014/NSM/report.pdf

--

About Analysts Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

--

=============

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 Nidhi Vatsal, 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 pubco [at] AnalystsReview.com.
• For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
• Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com 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 Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review 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 

Analysts Review 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 

Analysts Review 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 Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review 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 Review

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED