Welcome!

News Feed Item

Financial Companies Report Earnings Results, Schedules, and Launches - Analyst Notes on ACE, MBIA, PNC, Assured Guaranty, and Annaly

Editor Note: For more information about this release, please scroll to bottom

NEW YORK, March 7, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding ACE Limited (NYSE: ACE), MBIA Inc. (NYSE: MBI), PNC Financial Services Group Inc. (NYSE: PNC), Assured Guaranty Ltd. (NYSE: AGO), and Annaly Capital Management, Inc. (NYSE: NLY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

ACE Limited Analyst Notes

On March 4, 2014, ACE Limited (ACE) announced that the ACE European Group reported that launch of its new business travel proposition ACE Business Class, as it further invests in helping corporate clients manage their growing multinational risks. According to the release, ACE Business Class provides comprehensive travel insurance cover combined with market-leading medical and travel assistance services. Commenting on the release, Patrick Drinan, Regional Senior Vice President, Accident and Health for EMEA at ACE, stated, "Business travel spending now exceeds $1 trillion and, despite the after-effects of the financial crisis and recession in many countries, experts expect demand from European businesses to continue to increase. ACE Business Class gives companies of all sizes the confidence to travel globally knowing that their people, their most precious assets, are protected by substantial financial, medical and risk expertise, even as the risks evolve and grow." The full analyst notes on ACE Limited are available to download free of charge at:

http://www.AnalystsReview.com/03052014/ACE/report.pdf

MBIA Inc. Analyst Notes

On March 3, 2014, MBIA Inc. (MBIA) reported its Q4 2013 and full-year 2013 financial results. In Q4 2013 consolidated total revenues declined by 37.4% YoY to $458 million, while full-year 2013 consolidated revenues went down by 50.3% YoY to $1.2 billion. Consolidated net income for Q4 2013 was $132 million, or $0.68 per diluted share, compared to consolidated net income of $636 million, or $3.26 per diluted share, in the year ago period. Consolidated net income for full-year 2013 was $250 million, or $1.29 per diluted share, compared to consolidated net income of $1.2 billion, or $6.33 per diluted share in full year 2012. The full analyst notes on MBIA Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03052014/MBI/report.pdf

PNC Financial Services Group Inc. Analyst Notes

On February 28, 2014, PNC Financial Services Group Inc. (PNC) announced that it will report its Q1 2014 financial results on April 16, 2014. According to the release, PNC President and CEO, William S. Demchak, along with CFO, Robert Q. Reilly, will hold a conference call for investors on the same day at 10:00 a.m. EDT. The Company also stated that it will hold its Annual Meeting of Shareholders at the InterContinental Hotel Tampa on April 22, 2014. The full analyst notes on PNC Financial Services Group Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03052014/PNC/report.pdf

Assured Guaranty Ltd. Analyst Notes

On February 26, 2014, Assured Guaranty Ltd. (Assured Guaranty) reported its Q4 2013 and full-year 2013 financial results. Q4 2013 total revenue went up by 191.0% YoY to $649 million, while full-year total revenues went up by 68.6% YoY to $1.6 billion. Net income for Q4 2013 was $349 million, or $1.90 per diluted share, compared to net income of $74 million or $0.38 per diluted share in Q4 2012. Net income for full year 2013 was $808 million, or $4.30 per diluted share, compared to net income of $110 million, or $0.57 per diluted share, in full year 2012. The full analyst notes on Assured Guaranty Ltd. are available to download free of charge at:

http://www.AnalystsReview.com/03052014/AGO/report.pdf

Annaly Capital Management, Inc. Analyst Notes

On February 25, 2014, Annaly Capital Management, Inc. (Annaly) reported its Q4 2013 and full-year 2013 financial results. Net income for Q4 2013 was $1 billion, or $1.03 per diluted share, compared to net income of $700.5 million or $0.68 per diluted share in the year ago period. Net income for full year 2013 was $3.7 billion or $3.74 per diluted share, compared to net income of $1.7 billion or $1.71 per diluted share in the prior year period. Commenting on the release, Wellington J. Denahan, Chairman and CEO of Annaly, stated, "We are encouraged by the reduced uncertainty in the fixed income markets with the introduction of monetary policy tapering. Our commercial assets continue to build momentum, with commercial investments now representing 14% of our stockholders' equity. The lower leverage stance permits us to be opportunistic with capital deployment allowing us to strengthen earnings in future periods." The full analyst notes on Annaly Capital Management, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03052014/NLY/report.pdf

About Analysts Review

We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

=============

EDITOR NOTES:

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute

http://www.AnalystsReview.com/

SOURCE Analysts Review

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
18th Cloud Expo, taking place June 7-9, 2016, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.