NEW YORK, September 13, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports highlighting Citigroup, Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM), Visa, Inc. (NYSE: V), Goldman Sachs Group, Inc. (NYSE: GS), and Starwood Property Trust, Inc. (NYSE: STWD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Citigroup, Inc. Research Report
On September 10, 2013, Reuters reported that according to a filing with the U.S. Securities and Exchange Commission, the Federal Deposit Insurance Corp. is offering $2.4 billion of bonds of Citigroup, Inc. (Citigroup). According to the Reuters report, in a written statement Citigroup said, "When the transaction concludes, no U.S. government entity will continue to hold any securities in Citi issued as a result of the financial crisis." As per the report, the securities which are offered originated with a promise the government made in January 2009 to support the Company's capital by agreeing to share in any losses on $301 billion of Citigroup assets. The Company statement further said, "We remain very appreciative of the support provided by the U.S. Treasury, FDIC and American taxpayer during the financial crisis and are pleased that their investment realized a return of more than $13 billion." The Full Research Report on Citigroup, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/C]
JPMorgan Chase & Co. Research Report
On September 10, 2013, JPMorgan Chase & Co. (JPMorgan Chase) announced that under its Chase brand, it has launched Mission Main Street, to serve as part of a multi-media advertising and lending campaign that features success stories from a business owner's perspective. Donan Vieira, Head of Marketing and Product for Chase Business banking said, "These entrepreneurs represent the spirit of American business, and we're thrilled to have them part of Mission Main Street to raise their profiles and inspire others. The stories they share help reinforce the power of a strong partnership between Chase bankers and their clients." In news released on September 9, 2013, the Company announced that its Board of Directors plans to elect Linda B. Bammann and Michael A. Neal as directors of the Company. According to the release, Ms. Bammann is to be elected on September 16, 2013, while Mr. Neal is expected to join the Board in January 2014, after his retirement from his current position as Vice Chairman of General Electric Company. The Full Research Report on JPMorgan Chase & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/JPM]
Visa, Inc. Research Report
On September 10, 2013, Reuters reported that Visa, Inc. (Visa), along with Goldman Sachs Group Inc., and Nike Inc., will join the blue chip Dow Jones Industrial Average. As reported in the news, the three Companies will be replacing Alcoa Inc., Bank of America Corp. and Hewlett-Packard Co. Further, the report stated that the changes will be effective with the opening of trading on September 23, 2013. The Reuters report further added that the changes in the index were led by the low stock price of the three Companies chosen for removal and the index committee's desire to diversify the sector and industry group representation of the index. The Full Research Report on Visa, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/V]
Goldman Sachs Group, Inc. Research Report
On September 3, 2013, Goldman Sachs Group, Inc. (Goldman Sachs) announced that it intends to report its Q3 2013 financial results on October 17, 2013. According to the Company, the release will be issued at approximately 7:30 a.m. ET, and will be available on the Company's website. Goldman Sachs also stated that it will host a conference call at 9:30 a.m. ET, which will be open to public on the same day, to discuss the Company's results, outlook and related matters. The Company further informed that an audio webcast and a replay of the call can be accessed through the Company website. The Full Research Report on Goldman Sachs Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/GS]
Starwood Property Trust, Inc. Research Report
On September 10, 2013, Starwood Property Trust, Inc. (Starwood Property Trust) announced the pricing of an underwritten public offering of 25 million shares of its common stock for total estimated gross proceeds of approximately $607.5 million (or approximately $698.6 million if the option to purchase additional shares is exercised in full). According to the Company, the underwriters have a 30-day option to purchase up to an additional 3.8 million shares from the Company. Starwood Property Trust stated that it intends to use the net proceeds received from the offering to originate and purchase additional commercial mortgage loans and other target assets and investments and might also use it for general corporate purposes. The Company also informed that the settlement of the offering is subject to customary closing conditions and is expected to occur on September 13, 2013. The Full Research Report on Starwood Property Trust, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-10/STWD]
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