Upcoming Investor Conferences, Survey Results, Corporate Statement, and Third Quarter Results - Research Reports on Visa, Simon, Goldman Sachs, ARCP and Umpqua
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NEW YORK, November 7, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Visa Inc. (NYSE: V), Simon Property Group Inc. (NYSE: SPG), The Goldman Sachs Group, Inc. (NYSE: GS), American Realty Capital Properties, Inc. (NASDAQ: ARCP) and Umpqua Holdings Corporation (NASDAQ: UMPQ). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7793-100free.
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Visa Inc. Research Reports
On November 4, 2014, Visa Inc. (Visa) announced that Jim McCarthy, SVP Global Head of Innovation & Strategic Partnerships, will make a presentation at the Pacific Crest Technology Investor Forum in New York on November 12, 2014, at 8:00 a.m. PT. On the same day, CEO of Visa, Charlie Scharf will address at the Bank of America Merrill Lynch 2014 Banking & Financial Services Conference in New York, at 1:00 p.m. PT. According to the Company, a listen-only audio webcasts and a replay version of the same will be accessible for 30 days on the Investor Relations page at Visa's website. The full research reports on Visa are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/V/report.pdf
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Simon Property Group Inc. Research Reports
On November 3, 2014, Simon Property Group Inc. (Simon) reported results of its 2014 Holiday Shopping Behavior Survey. The results from the survey suggests that 89% of respondents between the ages of 18 and 33, who intend to buy one or more gifts plans to shop at the mall this holiday season. Highlighting the growing popularity of malls among the shoppers, the Company's survey revealed that - a) nearly 87% of the respondents agree that malls have the latest and hottest fashion and styles of the season; b) 87% holiday shoppers said they need to browse stores for holiday gift ideas, while 79% spend time browsing to find the "big" gifts they purchase during the holidays; c) 78% agree that "the wide variety of shopping options" is a major mall attraction; d) 85% agree that "malls provide the variety of retail options while shopping for several different people; and e) 84% agree that malls provide them ideas for holiday gifts. Additionally, 81% of the respondents agree that shopping at the mall helps avoid the risk of gifts not being delivered on time. The full research reports on Simon are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/SPG/report.pdf
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The Goldman Sachs Group, Inc. Research Reports
On November 3, 2014, The Goldman Sachs Group, Inc. (Goldman Sachs) announced that its CFO, Harvey Schwartz is scheduled to represent the Company at Bank of America Merrill Lynch 2014 Banking and Financial Services Conference in New York City, on Wednesday, November 12, 2014 at 8:50 a.m. EST. A live audio webcast of the presentation will be available on the Investor Relations section of Goldman Sachs' website. The full research reports on Goldman Sachs are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/GS/report.pdf
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American Realty Capital Properties, Inc. Research Reports
On November 3, 2014, American Realty Capital Properties, Inc. (ARCP) issued a statement in response to a notice from RCS Capital Corporation. Following is an excerpt from ARCP's statement - "In the middle of the night, we received a letter from RCS Capital Corporation ("RCS") (NYSE: RCAP) purporting to terminate the equity purchase agreement, dated September 30, 2014, between RCS and an affiliate of ARCP. As we informed RCS orally and in writing over the weekend, RCS has no right and there is absolutely no basis for RCS to terminate the agreement. Therefore, RCS's attempt to terminate the agreement constitutes a breach of the agreement. In addition, we believe that RCS's unilateral public announcement is a violation of its agreement with ARCP. The independent members of the ARCP Board of Directors and ARCP management are evaluating all alternatives under the agreement and with respect to the Cole Capital® business, generally." The full research reports on ARCP are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/ARCP/report.pdf
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Umpqua Holdings Corporation Research Reports
On October 15, 2014, Umpqua Holdings Corporation (Umpqua) reported its Q3 2014 results. The total interest income for the quarter was $239.5 million, up 106.6% YoY. Net interest income was $225.7 million for Q3 2014, up 111.3% YoY, primarily driven by higher interest-earning assets, as well as 19 additional days of Sterling net interest income due to the timing of the acquisition in the prior quarter. The net earnings available to common shareholders were $58.8 million, up 152.8% YoY with diluted EPS of $0.27, up 28.6% YoY. The Company's non-interest income for the quarter was $61.9 million as compared to $26.1 million in Q3 2013. The full research reports on Umpqua are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/UMPQ/report.pdf
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