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SOURCE Investors' Reports
NEW YORK, October 2, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting IntercontinentalExchange, Inc. (NYSE: ICE), CIT Group Inc. (NYSE: CIT), Colonial Properties Trust (NYSE: CLP), Endurance Specialty Holdings Ltd. (NYSE: ENH), and Umpqua Holdings Corporation (NASDAQ: UMPQ). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
IntercontinentalExchange, Inc. Research Report
On September 25, 2013, IntercontinentalExchange, Inc. (ICE) announced that it will provide trade execution services for its financially settled, bilateral over-the-counter (OTC) energy markets through ICE Swap Trade, the Company's swap execution facility (SEF). According to the Company, ICE transitioned its cleared OTC energy contracts to futures contracts in October 2012. ICE reported that certain contracts that continued to trade on ICE OTC commodity markets will begin trading on ICE Swap Trade, which is expected to launch on October 2, 2013, to satisfy new regulatory requirements with the inclusion of all uncleared swaps markets. Chuck Vice, ICE President and COO said, "Last year, ICE transitioned its cleared energy OTC markets to futures, and this next step will complete the evolution of our markets, which reflect new regulatory requirements. As with other transitions, customers will maintain uninterrupted access to execution services." The Full Research Report on IntercontinentalExchange, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-30/ICE]
CIT Group Inc. Research Report
On September 25, 2013, CIT Group Inc. (CIT) announced that it has arranged a $36 million senior secured credit facility to Punta Lima LLC, owner of the Punta Lima Wind Farm in Puerto Rico. Although the terms of the transaction were not disclosed, but CIT reported that CIT Corporate Finance served as Sole Lead Arranger while CIT Bank provided the financing. Commenting on the financing, Mike Lorusso, Group Head of CIT Energy said, "Wind power facilities are an increasingly important part of the alternative energy mix, a sector CIT Energy has extensive experience in. This transaction provides CIT an opportunity to partner with an established renewable developer and we look to growing our relationship with Gestamp." The Full Research Report on CIT Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-30/CIT]
Colonial Properties Trust Research Report
On September 27, 2013, Colonial Properties Trust (Colonial) announced that in a special meeting held on the date of the announcement, its shareholders have voted to approve the proposed merger with Mid-America Apartment Communities, Inc., pursuant to the definitive merger agreement dated June 3, 2013. The Company informed that c.97% of the votes cast of shareholders voted in favor of the approval and adoption of the merger, representing c.77% of Colonial's total outstanding common shares as of August 22, 2013. According to the Company, the merger is expected to close on October 1, 2013, subject to the satisfaction or waiver of the remaining conditions to closing. The Full Research Report on Colonial Properties Trust- including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-30/CLP]
Endurance Specialty Holdings Ltd. Research Report
On September 11, 2013, Endurance Specialty Holdings Ltd. (Endurance Specialty Holdings) announced that it will issue its financial results for Q3 2013 (period ended September 30, 2013), after the market closes on November 4, 2013. The Company also stated that on the following day, November 5, 2013, Chairman and CEO John R. Charman and members of senior management will host a conference call at 8:30 a.m. ET to discuss the financial results. The Full Research Report on Endurance Specialty Holdings Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-30/ENH]
Umpqua Holdings Corporation Research Report
On September 17, 2013, Umpqua Holdings Corporation (Umpqua Holdings) announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share on the Company's common stock. According to the Company, the quarterly dividend is payable on October 15, 2013, to shareholders of record as of September 30, 2013. The Full Research Report on Umpqua Holdings Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-30/UMPQ]
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