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SOURCE Analysts' Corner
NEW YORK, October 2, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Regions Financial Corp. (NYSE: RF), Starwood Property Trust, Inc. (NYSE: STWD), Newcastle Investment Corp. (NYSE: NCT), Credit Suisse Group (NYSE: CS), and Kohlberg Kravis Roberts & Co. (NYSE: KKR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Regions Financial Corp. Research Report
On September 25, 2013, Regions Financial Corp.'s subsidiary, Regions Bank announced that it is commemorating Hispanic Heritage Month (September 15, 2013 to October 15, 2013) with a special focus on providing more financial information and advice to consumers. Michele Elrod, Head of Regions Corporate Marketing, said, "Our customers have told us that they want more advice, guidance and information to help them make sound financial decisions, and we've worked in a variety of areas to ensure that this information is available to them -- from online, to through our branches and to training our bankers to provide this to customers. Hispanic Heritage Month presents a great opportunity for us to expand what we've already done -- with educational webinars with known experts and local events -- to reach more people with more financial education." The Full Research Report on Regions Financial Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4332_RF]
Starwood Property Trust, Inc. Research Report
On September 23, 2013, Starwood Property Trust, Inc., (Starwood Property Trust) in relation to its most recent underwritten public offering, announced the full exercise and closing of the underwriters' option to purchase an additional 3.75 million shares of its common stock for gross proceeds of c.$91.1 million. Additionally, Starwood Property Trust stated that after giving effect to the full exercise of the option it has sold a total of 28.75 million shares of common stock in the offering for aggregate gross proceeds of c.$698.6 million. According to the Company, 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, while a portion of the proceeds may also be used for other general corporate purposes, including but not limited to, the payment of liabilities and other working capital needs. 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.analystscorner.com/r/full_research_report/338c_STWD]
Newcastle Investment Corp. Research Report
On September 27, 2013, Newcastle Investment Corp. (Newcastle) announced that its Board of Directors has unanimously approved a plan to spin off its media assets, which include an interest in GateHouse Media, Inc. and 100% ownership of Local Media Group, Inc. The Company intends to effect the spin-off in early 2014 by distributing shares of its subsidiary, New Media Investment Group Inc. (New Media). Newcastle stated that New Media will be a publicly traded company focused primarily on investments in local media asset portfolios and on growing its online advertising and digital marketing businesses. The Full Research Report on Newcastle Investment Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c94f_NCT]
Credit Suisse Group Research Report
On September 17, 2013, Credit Suisse Group (Credit Suisse) announced that the Company's Customized Fund Investment Group (CFIG) hosted the seventh annual 'Credit Suisse Conference on Small & Emerging Managers in Private Equity, Real Estate, and In-State Investments,' from September 11 to September 12, 2013, in San Diego, California. Commenting on the conference, Kelly Williams, Head of CFIG stated, "As in years past, this conference provided a forum for constructive discussion among small and emerging private equity managers and key institutional investors. CFIG remains committed to helping clients identify ways to gain exposure to the growing number of small and emerging managers in the private equity, real estate and in-state investment spaces." The Full Research Report on Credit Suisse Group - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/78e3_CS]
Kohlberg Kravis Roberts & Co. Research Report
On September 27, 2013, Kohlberg Kravis Roberts & Co. (KKR) announced that the Company and Panasonic Corporation (Panasonic) have signed a share purchase agreement and a shareholders' agreement, under which the duos will become joint partners of Panasonic Healthcare Co., Ltd (Panasonic Healthcare). According to the Company, under the terms of the agreement, PHC Holdings Co, Ltd. (PHCHD), a wholly-owned by KKR investment funds, will purchase all outstanding shares of Panasonic Healthcare, including its related intellectual property and assets, for an equity value of approximately JPY 165 billion (or c.$ 1.67 billion). KKR further stated that the transaction will be followed by a third party share allocation by PHCHD, after which KKR will own 80% of outstanding shares of PHCHD and Panasonic will own 20%. KKR's Co-Founder and Co-CEO, Henry Kravis stated, "Panasonic Healthcare's experienced management team and employees, our equity partner Panasonic, and KKR all share a common goal of working together as partners over the long term to support further growth of Panasonic Healthcare." The Full Research Report on Kohlberg Kravis Roberts & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a282_KKR]
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