Senior Level Appointments, Sale of Portfolio Company, and Event Schedules - Research Reports on PNC, American Capital, FITB, Prudential Financial and ACE
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NEW YORK, October 8, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding PNC Financial Services Group Inc. (NYSE: PNC), American Capital, Ltd. (NASDAQ: ACAS), Fifth Third Bancorp (NASDAQ: FITB), Prudential Financial, Inc. (NYSE: PRU) and ACE Limited (NYSE: ACE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7015-100free.
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PNC Financial Services Group Inc. Research Reports
On October 2, 2014, PNC Financial Services Group, Inc. (PNC) reported the appointment of Marjorie Rodgers Cheshire to its board of directors, effective immediately. Cheshire is President and Chief Operating Officer of A&R Companies, the umbrella organization for A&R Development Corp. and A&R Management, Inc. In addition, the PNC's Board of Directors declared a quarterly cash dividend on the common stock of $0.48 per share, payable on November 5, 2014 to shareholders of record at the close of business on October 15, 2014. The Board also declared the cash dividends on the preferred stocks series: quarterly dividend of $0.45 per share on Series B; quarterly dividend of $113.83 per share on Series K; quarterly dividend of $1,531.25 per share on Series P; quarterly dividend of $1,343.75 per share on Series Q; and semi-annual dividend of $2,425.00 per share on Series R. The full research reports on PNC are available to download free of charge at:
http://www.analystsreview.com/Oct-08-2014/PNC/report.pdf
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American Capital, Ltd. Research Reports
On October 2, 2014, American Capital, Ltd. (American Capital) and its affiliated fund, American Capital Equity III, LP (ACE III), announced the sale of their portfolio company Avalon Laboratories Holding Corp. (Avalon) to Nordson Corporation for $180 million. The Company informed that over the life of its investment, American Capital realized a compounded annual rate of return of 19% on its equity investment, including dividends and fees. "We are extremely pleased with the results of our investment in Avalon, which is the first exit for ACE III," said Eugene Krichevsky, Partner, American Capital Equity Management. "Avalon generated strong financial performance during our hold period, with double digit annual revenue and EBITDA growth despite the global recession. Led by a talented management team dedicated to innovation, the Company has become the leading supplier of complex medical tubing products for the cardiology and pulmonology market segments." The full research reports on American Capital are available to download free of charge at:
http://www.analystsreview.com/Oct-08-2014/ACAS/report.pdf
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Fifth Third Bancorp Research Reports
On September 23, 2014, Fifth Third Bancorp (FITB) reported that it will release its Q3 2014 financial results on October 16, 2014 at 6:30 a.m. ET. The financial results release will be followed by a conference call at 9:00 a.m. ET to discuss the financial performance. On average, analysts polled by Bloomberg Businessweek expect the Company to report Q3 2014 EPS of $0.44 on revenue of $1.5 billion. Analyst estimates typically exclude one-time items. The full research reports on FITB are available to download free of charge at:
http://www.analystsreview.com/Oct-08-2014/FITB/report.pdf
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Prudential Financial, Inc. Research Reports
On October 3, 2014, Prudential Financial, Inc. (Prudential Financial) reported that it will host a conference for analysts and investors in New York City, on June 17, 2015, in which John Strangfeld, CEO and Chairman, and other members of the senior management team will discuss the Company's businesses and strategies. The full research reports on Prudential Financial are available to download free of charge at:
http://www.analystsreview.com/Oct-08-2014/PRU/report.pdf
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ACE Limited Research Reports
On October 2, 2014, ACE Limited's (ACE's) subsidiary Combined Insurance announced the appointment of Art Kandarian, a retired Colonel, U.S. Army, as Vice President Sales, in line with its commitment to support the needs of the nation's military veterans and spouses. In his new role, Kandarian will be responsible for executing on the Company's growth strategy and developing Combined Insurance's nationwide military sales markets, as well as leading the integration of those markets with the Company's military veteran recruiting initiatives. Most recently, Kandarian served as chief of staff for NATO Special Operations Component Command/Special Operations Joint Task Force after retiring from the U.S. Army in 2013. The full research reports on ACE are available to download free of charge at:
http://www.analystsreview.com/Oct-08-2014/ACE/report.pdf
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