Warrant Exercise Price Revisions, Acquisitions, and Maturity Extensions - Analyst Notes on JPMorgan Chase, Leju, Gramercy Property Trust, The Carlyle Group and Credit Acceptance
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NEW YORK, July 7, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding JPMorgan Chase & Co. (NYSE: JPM), Leju Holdings Limited (NYSE: LEJU), Gramercy Property Trust Inc. (NYSE: GPT), The Carlyle Group LP (NASDAQ: CG) and Credit Acceptance Corp. (NASDAQ: CACC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4504-100free.
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JPMorgan Chase & Co. Analyst Notes
On July 1, 2014, JPMorgan Chase & Co. (JPMorgan Chase) announced that in accordance with the terms of the outstanding warrants to purchase common stock of the Company, it will reduce the warrant exercise price from $42.42 per share to c.$42.41 per share, effective as of close of business on July 3, 2014. According to the Company, the adjustment resulted from the Company Board of Director's declaration on May 20, 2014, of a quarterly dividend of $0.40 per share on the outstanding shares of the Company's common stock, payable on July 31, 2014, to stockholders of record as of the close of business on July 3, 2014. JPMorgan Chase further stated that the dividend declaration did not result in a change in the Warrant Share Number. The full analyst notes on JPMorgan Chase are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/JPM/report.pdf
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Leju Holdings Limited Analyst Notes
On July 2, 2014, Leju Holdings Limited's (Leju) stock increased by 1.27%, ending at $11.19. For the past one-month trading period, Company's stock went up by 0.81% compared to the Dow Jones Industrial Average's gain of 1.38% during the same trading period. The full analyst notes on Leju are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/LEJU/report.pdf
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Gramercy Property Trust Inc. Analyst Notes
On July 1, 2014, Gramercy Property Trust Inc. (Gramercy Property Trust) announced that the Company has closed the acquisition of an R&D flex facility located in Malvern, Pennsylvania (Philadelphia MSA). According to the Company, the facility measures approximately 191,000 sq. ft. and is 100% leased through March 2030 to a leading healthcare diagnostics company. Additionally, the Company stated that the facility was acquired for a purchase price of approximately $28.4 million in cash. The full analyst notes on Gramercy Property Trust are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/GPT/report.pdf
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The Carlyle Group LP Analyst Notes
On June 30, 2014, The Carlyle Group LP (The Carlyle Group) announced that the Company has completed the acquisition of Ortho-Clinical Diagnostics, Inc. (OCD), a former subsidiary of Johnson & Johnson, for approximately $4 billion. Commenting on the acquisition, Company Managing Director, Stephen H. Wise, stated, "As a free-standing company with new leadership and accelerated investment in R&D, OCD is well positioned to tap into rising demand for sophisticated medical diagnostic products and services worldwide. We have assembled a remarkable senior management team, led by Dr. Martin D. Madaus, and we look forward to partnering with him in the years to come." The full analyst notes on The Carlyle Group are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/CG/report.pdf
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Credit Acceptance Corp. Analyst Notes
On June 23, 2014, Credit Acceptance Corp. (Credit Acceptance) announced that the Company has extended the maturity of its credit facility with a commercial bank syndicate. According to the Company, the date has been extended from June 23, 2016 to June 23, 2017. Additionally, the Company stated that although the maturity date has been extended, there were no material changes to the terms of the facility. The full analyst notes on Credit Acceptance are available to download free of charge at:
http://www.analystsreview.com/Jul-07-2014/CACC/report.pdf
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