Strategic Agreements, Grants, and Stock Updates - Research Report on Bank of America, Wells Fargo, PNC, KeyCorp and Mitsubishi UFJ Financial Group
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NEW YORK, December 31, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Bank of America Corporation (NYSE: BAC), Wells Fargo & Company (NYSE: WFC), PNC Financial Services Group Inc. (NYSE: PNC), KeyCorp (NYSE: KEY), and Mitsubishi UFJ Financial Group, Inc. (NYSE: MTU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Bank of America Corporation Research Report
On December 19, 2013, Bank of America Corporation (Bank of America) reported that Bank of America Merrill Lynch, marketing name for the global banking and global markets businesses of Bank of America, and Earthport have signed a multi-year agreement to expand Bank of America Merrill Lynch's low-value clearing capabilities globally, and to improve the efficiency of its high-volume, low-value payments. The Company stated that under the agreement, the Bank of America Merrill Lynch's corporate clients will have increased access to the cross-border payments capabilities required to advance global competitiveness. Commenting on the release, Ather Williams III, Head of Global Payments for Bank of America Merrill Lynch, stated, "Our clients are asking us to help them quickly enter new markets across the globe. In many cases, a low-value international payment vehicle perfectly suits their needs. The situation reflects the increasing trend for clients to ask for financial products and services that support new models, rather than services designed for a different purpose, in a different era. We are pleased that the agreement with Earthport will deepen our ability to provide clients with industry-leading solutions." The Full Research Report on Bank of America 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/fb34_BAC
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Wells Fargo & Company Research Report
On December 20, 2013, Wells Fargo & Company (Wells Fargo) announced that 59 nonprofits have received grants totaling $11.4 million from the UrbanLIFT[SM] Community Grant Program for helping to strengthen neighborhoods in 25 metropolitan statistical areas (MSAs). The Company informed that among the nonprofits that were awarded grants include Greater Phoenix Urban League, Inc. and Habitat for Humanity Central Arizona in Phoenix, Boys & Girls Club of Kern County and Self-Help Enterprises in Bakersfield, to name a few. Commenting on the grants, JK Huey, Senior Vice President of Asset Management and Preservation with Wells Fargo Home Lending Servicing, stated, "These grants will help advance community stabilization in cities that were significantly impacted by the housing downturn. We look forward to seeing how the projects, funded by the UrbanLIFT community grant program, help create safer and sustainable neighborhoods." The Full Research Report on Wells Fargo & Company - 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/d00c_WFC
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PNC Financial Services Group Inc. Research Report
On December 26, 2013, PNC Financial Services Group Inc.'s (PNC) stock went up by 0.17%, closing at $77.26. Over the past three trading days, the Company's stock went up by 1.17%, underperforming S&P 500 which advanced 1.30% during the same three-day trading period. The Full Research Report on PNC Financial Services 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/2733_PNC
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KeyCorp Research Report
On December 26, 2013, KeyCorp's stock went down by 0.07% to close at $13.44. Over the past three days, the Company's stock went up by 0.90%, compared to the Dow Jones Industrial Average which went up by 1.60% over the same three-day trading period. The Full Research Report on KeyCorp - 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/039c_KEY
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Mitsubishi UFJ Financial Group, Inc. Research Report
On December 26, 2013, Mitsubishi UFJ Financial Group, Inc.'s (Mitsubishi UFJ Financial Group) stock went up by 2.71%, ending the day at $6.45. During the past three trading days, the Company's stock gained 1.90%, compared to the Dow Jones Industrial Average which rose 1.60% over the same three-day trading period. The Full Research Report on Mitsubishi UFJ 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/2130_MTU
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