Tax Credit Awards, Launch of Reloadable Prepaid Cards, Program Expansions, Quarterly Dividends, and Updated Guidance - Analyst Notes on Chase, MasterCard, Zillow, Allied World and Strategic Hotels
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NEW YORK, June 13, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding JPMorgan Chase & Co. (NYSE: JPM), MasterCard Incorporated (NYSE: MA), Zillow, Inc. (NASDAQ: Z), Allied World Assurance Company Holdings, AG (NYSE: AWH) and Strategic Hotels & Resorts, Inc. (NYSE: BEE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3699-100free.
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JPMorgan Chase & Co. Analyst Notes
On June 9, 2014, JPMorgan Chase & Co. (Chase) announced that it has received $60 million in the latest round of New Markets Tax Credit (NMTC) allocations from the U.S. Department of the Treasury's Community Development Financial Institutions Fund. The Company said that it intends to invest the grants to support job and service in low-income communities across the U.S. Chase has received eight NMTC awards over the last nine rounds since the program began 14 years ago, and has invested in over $4.4 billion of NMTC eligible projects that support job creation, educational programs, healthcare and social services and, access to affordable healthy food. Chase's New Markets Tax Credit Group head Matt Reilein commented, "We are proud of our decade-long track record of successfully using New Markets financing to support projects that improve the quality of residents' lives in the communities we serve." The full analyst notes on Chase are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/JPM/report.pdf
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MasterCard Incorporated Analyst Notes
On June 10, 2014, MasterCard Incorporated (MasterCard) announced the launch of the first ever Reloadable Hajj Card in Bangladesh for Pilgrims and Hajj Agencies. The card was launched in partnership with Premier Bank Bangladesh Ltd, a top issuer of prepaid cards for Hajj pilgrims & Hajj Agencies in the country. MasterCard Reloadable Hajj & Travel Prepaid offers exclusive benefits to cardholders including 100% cash withdrawal, acceptance at any MasterCard ATM & POS at Saudi Arabia, SMS notification, 24-hour customer service, no hidden charges and zero issuance fees. MasterCard Area Head of South Asia Vikas Varma commented on the launch, "This marks another important step in our efforts to expand the use of electronic payments among the people of Bangladesh. This product will enable MasterCard Hajj Prepaid cardholders to enjoy best in class privileges and make their payments securely and conveniently while participating in Hajj." The full analyst notes on MasterCard are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/MA/report.pdf
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Zillow, Inc. Analyst Notes
On June 10, 2014, Zillow, Inc. (Zillow) announced three new additions to its Pro for Brokers program- a free program that improves listings accuracy, provides better reporting, includes a powerful contact follow-up system and increases the visibility of listing agents for participating brokers. The Company informed that the new partners, JB Goodwin REALTORS, RE/MAX Capital City and Turnquist Partners Realtors will now send their listings directly to Zillow, while enabling the brokerages to maintain control over their listings data and receive maximum exposure on the Yahoo!-Zillow Real Estate Network. Zillow Chief Industry Relations Officer Errol Samuelson commented, "The Austin housing market is showing a tremendous amount of momentum and we are excited to be able to offer these key partners the opportunity to ensure their listings are getting the most exposure possible." The full analyst notes on Zillow are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/Z/report.pdf
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Allied World Assurance Company Holdings, AG Analyst Notes
On June 9, 2014, Allied World Assurance Company Holdings, AG (Allied World) announced that its the Board of Directors has approved a quarterly dividend of $0.225 per share, which will be payable on July 2, 2014 to shareholders of record on June 24, 2014. The Company informed that this is the first of four installments equal to $0.225 per share for dividends that were approved by Allied World on May 1, 2014. The remaining three installments are expected to be paid in October 2014, January 2015, and April 2015. The Company's transfer agent will make dividend payments in U.S. dollars. The full analyst notes on Allied World are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/AWH/report.pdf
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Strategic Hotels & Resorts, Inc. Analyst Notes
On June 2, 2014, Strategic Hotels & Resorts, Inc. (Strategic Hotels) announced that its management is raising its guidance for full year 2014 comparable EBITDA to a range of $230.0 million to $250.0 million, and comparable FFO between $0.59 and $0.68 per fully diluted share range. The Company's updated guidance reflects some of its recent transactions such as the closing of the common equity offering, the acquisition of the remaining 63.6% interest in the Hotel del Coronado (expected to close in early June 2014), and the redemption of the 8.25% Series C Cumulative Redeemable Preferred Stock (expected to close in early July 2014). For full year FY 2014, the management is also reaffirming its guidance for Total US RevPAR and Total RevPAR growth in the range between 5.0% to 7.0%, and EBITDA margin expansion of 120-200 bps. The full analyst notes on Strategic Hotels are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/BEE/report.pdf
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