|By PR Newswire||
|March 18, 2014 08:01 AM EDT||
NEW YORK, March 18, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Capital One Financial Corp. (NYSE: COF), PNC Financial Services Group Inc. (NYSE: PNC), ACE Limited (NYSE: ACE), UMB Financial Corporation (NASDAQ: UMBF), and F.N.B. Corporation (NYSE: FNB). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Capital One Financial Corp. Analyst Notes
On March 6, 2014, Capital One Financial Corp. (Capital One) announced that the Company has launched its annual Taxes and Savings Survey to find out how refund recipients are planning to use their dollars. According to the release, the survey stated that 80% expect to get a refund and more than half plan to spend the majority of the refund while 40% of people receiving a refund are saving the majority of it. Commenting on the release, Jim Kelly, Head of Direct Banking, Capital One, stated, "Four in five Americans are expecting to get tax refunds this year and most of them are already thinking about what they intend to do with the money. Whether your goal is to save for the future, pay down debt to help get your finances in order or even to spend all or some of your refund on something important to you, planning ahead is essential to help keep yourself on track. A tax refund isn't a year-end bonus or magic windfall, it's the government giving you some of your own money back, so it makes sense to think carefully about how you plan to use it, putting that refund to work for yourself and getting on a path to save more and invest in your financial future." The full analyst notes on Capital One Financial Corp. are available to download free of charge at:
PNC Financial Services Group Inc. Analyst Notes
On March 12, 2014, PNC Financial Services Group Inc. (PNC) announced that PNC Bank, N.A., a member of the Group, reported the closing of a $50 million asset-based loan for Hamilton Metals, Inc. According to the release, the transaction also includes capital markets and foreign exchange services. Additionally, the Company stated that Hamilton Metals, Inc. will use the funds to refinance existing debt and provide ongoing working capital. The full analyst notes on PNC Financial Services Group Inc. are available to download free of charge at:
ACE Limited Analyst Notes
On March 12, 2014, ACE Limited (ACE) announced that the ACE Group has appointed 33 senior executives as corporate officers, effective immediately. According to the release, the list of the officers appointed include John Keogh, Vice Chairman and COO, ACE Group, Chairman, Insurance - Overseas General; Timothy Boroughs, Executive Vice President, CIO, Ace Group; Edward Clancy Executive Vice President, Ace Group Global Accident & Health and Life; and Patricia Henry Vice President, Government Affairs, Ace Group, just to name a few. Commenting on the release, Evan G. Greenberg, Chairman and CEO of ACE Limited, stated, "I am so pleased to make these appointments, which recognize the substantial scope of responsibilities these executives carry. As important, these titles are meant to reflect their track record of success, personal character and commitment to what we are all about ─ our values, culture and work ethic." The full analyst notes on ACE Limited are available to download free of charge at:
UMB Financial Corporation Analyst Notes
On March 4, 2014, UMB Financial Corporation (UMB) announced that the UMB Fund Services, Inc. (UMBFS) has been named "Best North American Hedge Fund Administrator" as part of the 2014 Hedgeweek Awards. According to the release, the Hedgeweek Awards are based on a "peer review system" where readers of the Hedgeweek are invited to elect a "best in class" in a series of categories via an online survey. Commenting on the release, John Zader, CEO of UMB Fund Services, stated, "UMB Fund Services has been gaining industry-wide recognition for the quality of our people, process and technology in the past few months. We are very pleased that the word is getting out that we are a different kind of service provider - one that is truly client-focused and strives to deliver on our vision of the unparalleled customer experience. We are very grateful to Hedgeweek and its readers for giving us this award." The full analyst notes on UMB Financial Corporation are available to download free of charge at:
F.N.B. Corporation Analyst Notes
On March 10, 2014, F.N.B. Corporation (FNB) announced that the Company has executed a balance sheet strategy to sell its entire portfolio of pooled trust preferred securities (TPS). According to the release, the Company expects net proceeds of the sale to be of $51.6 million and a resulting pre-tax gain of $13.8 million. Additionally, the Company also stated that it expects to utilize a portion of the gain to sell certain low-yielding securities to enhance future net interest income. The full analyst notes on F.N.B. Corporation are available to download free of charge at:
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