Report Findings, Appointments, Business Expansion, Completed Acquisitions, and Earnings Release Schedule - Analyst Notes on Willis, TCF Bank, Piedmont, Evercore and Arch
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, July 4, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Willis Group Holdings Public Limited Company (NYSE: WSH), TCF Financial Corporation (NYSE: TCB), Piedmont Office Realty Trust Inc. (NYSE: PDM), Evercore Partners Inc. (NYSE: EVR) and Arch Capital Group Ltd. (NASDAQ: ACGL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4451-100free.
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Willis Group Holdings Public Limited Company Analyst Notes
On July 1, 2014, Willis Group Holdings Public Limited Company (Willis) announced that its reinsurance division, Willis Re, released the findings of its 1st View Renewals Report. The Company stated that the report showed significant rate reductions in the reinsurance sector as the excess capital supply in the market continues to chase muted demand. The report also found a continued benign loss activity throughout H1 2014, which has compounded the softening market. Willis Re CEO John Cavanagh commented, "The current market position is increasingly challenging for reinsurers. Below average loss ratios in the first half of 2014 and reasonably adequate reserving positions mean that, barring any major underwriting or investment losses in the coming months, we will see another year of reasonable returns. This places further pressure on rating levels for 2015." The full analyst notes on Willis are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/WSH/report.pdf
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TCF Financial Corporation Analyst Notes
On June 23, 2014, TCF Financial Corporation (TCF Bank) announced the grand opening of its new branch in the Knollwood Mall area of St. Louis Park, Minnesota, which replaces the Company's facility at 8020 Highway 7. According to the Company, the new branch features several enhancements that are aimed to deliver more convenience and faster transactions to customers including: the addition of a concierge station which will provide timely assistance and information, a new cash dispensing equipment at the teller line, video equipment in the drive-through and ATMs in both the drive-through and lobby. The Company informed that as a part of the opening celebration of the new branch, TCF Bank will give financial assistance to the non-profit organization St. Louis Park Emergency Program (STEP), with TCF Bank associates also volunteering to support STEP's mission. The full analyst notes on TCF Bank are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/TCB/report.pdf
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Piedmont Office Realty Trust Inc. Analyst Notes
On July 1, 2014, Piedmont Office Realty Trust Inc. (Piedmont) announced the completion of its acquisition of 5 Wall Street, a Class-A property located in Burlington, Massachusetts, which complements the Company's previously completed purchase of another Class-A project located in Burlington - 5 & 15 Wayside Road. The Capital Markets Senior Vice President Wil Stone, who represented Piedmont in the acquisition commented, "We are pleased to have been successful in purchasing yet another quality asset below current replacement cost in the highly desirable Burlington submarket. The building offers tenants convenient access to the Route 128 corridor, as well as providing an array of amenities, including an on-site fitness center and over 300,000 square feet of retail, entertainment and dining within walking distance of the property." Piedmont informed that its recent acquisitions and its existing assets in the Boston Metro area comprise approximately 1.5 million square feet. The full analyst notes on Piedmont are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/PDM/report.pdf
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Evercore Partners Inc. Analyst Notes
On June 12, 2014, Evercore Partners Inc. (Evercore) announced that it has appointed Donald Monson in its Investment Banking business as a Senior Managing Director in its Technology Group where he will be in charge of advising companies in the Internet and Digital Media sector. The Company informed that prior to joining Evercore, Mr. Monson served as a Managing Director and Head of International Internet and Digital Media Investment Banking at J.P. Morgan. Evercore Executive Chairman Roger Altman commented, "Evercore is steadily building a large, world class technology banking practice. The addition of Donald Monson to the Firm underscores this. He joins an already strong team in Menlo Park, California and throughout the world." Evercore informed that Mr. Monson will join the Company in September 2014. The full analyst notes on Evercore are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/EVR/report.pdf
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Arch Capital Group Ltd. Analyst Notes
On July 1, 2014, Arch Capital Group Ltd. (Arch) announced that it intends to release its Q2 2014 financial results on Thursday, July 31, 2014, after the market closes. The Company informed that it will also hold a conference call at 11:00 a.m. ET on Friday, August 1, 2014 to review the results. Arch stated that the call will be webcast live and will be accessible via the Investors section of the Company's website. The full analyst notes on Arch are available to download free of charge at:
http://www.analystsreview.com/Jul-04-2014/ACGL/report.pdf
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