Study Results, Market Activity Report, Enhancing Client Protection, and Pricing of Offering - Analyst Notes on Wells Fargo, Schwab, ROIC, SunTrust and MFA
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, June 18, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Wells Fargo & Company (NYSE: WFC), The Charles Schwab Corporation (NYSE: SCHW), Retail Opportunity Investments Corp. (NASDAQ: ROIC), SunTrust Banks, Inc. (NYSE: STI) and MFA Financial, Inc. (NYSE: MFA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3837-100free.
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Wells Fargo & Company Analyst Notes
On June 10, 2014, Wells Fargo & Company (Wells Fargo) released results from its 2014 Wells Fargo Millennial Study. The survey, which was conducted among over 1,600 U.S. adults aged 22-33 (millennials) and among over 1,500 U.S. adults aged 49-59 (baby boomers), showed that eight in ten millennial Americans admit that following the Great Recession of 2008 they have learned to save at present to prepare for any possible economic problems in the future. The survey also found that despite this generation's reported lesson, 45% are not saving for retirement, while a little more than half (55%) are saving. Wells Fargo Director of Retail Retirement Karen Wimbish commented, "The silver lining of the recession that started over five years ago is that a majority of millennials get that saving is a necessity and even equate it with 'surviving' tough times. But millennial women are starting out their working lives making far less than men and, as a consequence, are saving less and feeling less contentment at the start of their working lives." The full analyst notes on Wells Fargo are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/WFC/report.pdf
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The Charles Schwab Corporation Analyst Notes
On June 13, 2014, The Charles Schwab Corporation (Schwab) released the Company's Monthly Market Activity Report, which includes company highlights for the month of May 2014. The report features the $10.9 billion of net new assets brought to the Company by new and existing clients, the increase in total client assets to a record $2.35 trillion as of month-end May, and the 14% sequential decrease in daily average revenue trades observed during May 2014 trading activity. The full analyst notes on Schwab are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/SCHW/report.pdf
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Retail Opportunity Investments Corp. Analyst Notes
On June 13, 2014, Retail Opportunity Investments Corp. (ROIC) announced the pricing of 12.5 million shares of common stock at $14.95 per share, and provided the underwriters the option to purchase up to an additional c. 1.9 million shares within 30 days. The Company expects net proceeds of approximately $178.6 million from the offering, which it intends to use to reduce borrowings under the Company's $350.0 million unsecured revolving credit facility. The full analyst notes on ROIC are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/ROIC/report.pdf
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SunTrust Banks, Inc. Analyst Notes
On June 13, 2014, SunTrust Banks, Inc. (SunTrust) announced that the Company has started issuing EMV chip cards to all new consumers to add a layer of protection for client information. The existing cards will be replaced with the EMV chip cards as they expire. The embedded microchips provide stronger transaction security features which were previously not available on cards with the traditional magnetic stripe. The offering of EMV chip cards is being carried out a year earlier than the credit card industry's scheduled October 2015 transition to chip technology. SunTrust's Client Segments and Solutions Executive, Beverly Ladley, commented, "Protecting our clients' information is a responsibility we take very seriously. Adding chip technology makes an already secure card even safer and provides our clients with an extra level of protection." The full analyst notes on SunTrust are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/STI/report.pdf
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MFA Financial, Inc. Analyst Notes
On June 13, 2014, the Board of Directors of MFA Financial, Inc. (MFA) declared a regular quarterly cash dividend of $0.20 per share of common stock for Q2 2014, which will be payable on July 31, 2014, to stockholders of record on June 27, 2014. The full analyst notes on MFA are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/MFA/report.pdf
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