NEW YORK, July 26, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports
highlighting Ocwen Financial Corp. (NYSE: OCN), First Niagara
Financial Group Inc. (NASDAQ: FNFG), CBL & Associates
Properties, Inc. (NYSE: CBL), Northwest Bancshares, Inc. (NASDAQ:
NWBI), and Webster Financial Corp. (NYSE: WBS). Today's readers may
access these reports free of charge - including full price targets,
industry analysis and analyst ratings - via the links below.
Ocwen Financial Corp. Research
Report
On July 23, 2013, Ocwen Financial
Corp. (Ocwen) announced that it will host a conference call to
discuss the Q2 2013 operating results on August 1, 2013, at 11:00
a.m. ET. The call will follow the Company's Q2 2013 earnings
release, which will be available through the Shareholder Relations
section on the Company website. Ocwen informed that a live audio
webcast and slide presentation for the call will be available on
the Company's website. A replay of the conference call will also be
available from August 1, 2013, at
12:01 p.m. ET through August 8, 2013. The Full Research Report on Ocwen
Financial Corp. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge
at: [http://www.investorsreports.com/report/2013-07-24/OCN]
--
First Niagara Financial Group Inc.
Research Report
On July 19, 2013, First Niagara
Financial Group Inc. (First Niagara) reported its financial results
for Q2 2013. The Company's GAAP Net income available to common
shareholders was $63.6 million or
$0.18 per diluted share, an increase
compared to $59.7 million or
$0.17 per diluted share in Q1 2013.
Commenting on the results, Gary
Cosby, Interim President and Chief Executive Officer, noted,
"We continue to drive profitable organic growth across our entire
footprint by diversifying and enhancing revenue sources while
managing expenses to achieve real operating leverage. First
Niagara's strong business
fundamentals are translating into strong financial performance. As
we continue our search for a permanent CEO, the entire First
Niagara team has not missed a beat and we are all focused on
achieving our overall performance goals by expanding and broadening
customer relationships for profitable organic growth." The Full
Research Report on First Niagara Financial Group Inc. - including
full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investorsreports.com/report/2013-07-24/FNFG]
--
CBL & Associates Properties, Inc.
Research Report
On July 22, 2013, CBL &
Associates Properties, Inc. (CBL) announced the addition of
Dunham's Sports to the Randolph Mall in Asheboro, NC. CBL informed that the
60,200-square-foot store will be located in the anchor space
currently occupied by Dillard's, which closed in late July 2013, and redevelopment construction will
begin soon. According to Stephen
Lebovitz, President and Chief Executive Officer of CBL, "We
are excited to announce the addition of Dunham's Sports. This new
location will provide Asheboro and
the surrounding areas with a premier sporting goods retailer. This
addition represents another step in our ongoing commitment to
enhancing Randolph Mall to further its long-term success." The Full
Research Report on CBL & Associates Properties, Inc. -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-07-24/CBL]
--
Northwest Bancshares, Inc. Research
Report
On July 22, 2013, Northwest
Bancshares, Inc. (Northwest Bancshares) reported its financial
results for Q2 2013. The Company's net income decreased to
$13.5 million or $0.15 per diluted share, compared to $16.4 million or $0.17 per diluted share in Q2 2012. Additionally,
the Company also announced that its Board of Directors has declared
a $0.01 increase in its cash dividend
to $0.13 per share payable on
August 15, 2013, to shareholders of
record as of August 1, 2013.
Commenting on the results, William J.
Wagner, President and CEO, said, "Although earnings for the
quarter are disappointing, they were greatly impacted by several
unusual items, including a $1.9
million write-down of a foreclosed property, $1.3 million in ATM replacement expense and a
$553,000 decrease in mortgage banking
income." The Full Research Report on Northwest Bancshares, Inc. -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-07-24/NWBI]
--
Webster Financial Corp. Research
Report
On July 22, 2013, Webster
Financial Corp. (Webster), the holding company for Webster Bank, reported that Webster Bank has selected Aveksa, Inc., part of
RSA, The Security Division of EMC, for its Business Driven Identity
and Access Management (IAM) platform. Webster Bank has selected the IAM platform to
help secure its enterprise with improved audit readiness,
continuous compliance, and ability to make accurate and timely
access-related decisions. Commenting on the news, Colin Eccles, Executive Vice President, Chief
Information Officer, Webster Bank,
said, "As one of the 33 largest banks in the nation, it is
essential that we deploy the most sophisticated technology to
support our banking services to provide an exceptional banking
experience that enables our customers to bank when, where and how
they want. We evaluated many Identity and Access Management
solutions and selected Aveksa due to the breadth and depth of its
functionality. Through our selection of Aveksa, we can rest assured
that employee access to mission-critical applications and data is
accurate and secure across the enterprise." The Full Research
Report on Webster Financial Corp. - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investorsreports.com/report/2013-07-24/WBS]
----
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 a CFA. 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@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us
at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar
coverage on your company? Send us a full investors' package to
research@EquityNewsNetwork.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
Equity News Network. An outsourced research services provider has,
through Chartered Financial Analysts, only reviewed the information
provided by Equity News Network in this article or report according
to the Procedures outlined by Equity News Network. Equity News
Network 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
Equity News Network 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
Equity News Network 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 Equity
News Network whatsoever for any direct, indirect or consequential
loss arising from the use of this document. Equity News Network
expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance
placed on the information in this document. Equity News Network
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.
SOURCE Investors' Reports