Companies in the Financial Sector Come up with Quarterly Results and Corporate Announcements - Research Report on PartnerRe, Jones Lang LaSalle, CNO Financial Group, Xoom, and First Financial Holdings Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, November 1, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting PartnerRe Ltd. (NYSE: PRE), Jones Lang LaSalle Inc. (NYSE: JLL), CNO Financial Group, Inc. (NYSE: CNO), Xoom Corporation (NASDAQ: XOOM), and First Financial Holdings, Inc. (NASDAQ: SCBT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
PartnerRe Ltd. Research Report
On October 28, 2013, PartnerRe Ltd. (PartnerRe) released its Q3 2013 financial results. Total revenues were down by 4.1% YoY to $1.6 billion during the quarter. Net income attributable to PartnerRe common shareholders for Q3 2013 was $319.2 million or $5.84 per diluted share, compared to $417.3 million or $7.53 per diluted share in Q3 2012. Commenting on the results, Costas Miranthis, President and CEO of PartnerRe, stated, "We are encouraged by these strong results in the current economic reinsurance pricing environment. Against a backdrop of improved underlying primary pricing, reinsurance remains a competitive market. The market dynamics are similar to what we experienced in prior quarters but our teams have demonstrated that we can leverage the strength of our worldwide franchise to identify attractive business opportunities in all lines, and particularly in diversifying lines, where we have had the most success." The Full Research Report on PartnerRe Ltd. - 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/dd59_PRE]
Jones Lang LaSalle Inc. Research Report
On October 28, 2013, Jones Lang LaSalle Inc. (Jones Lang LaSalle) released its Q3 2013 financial results. The Company's reported revenues were up by 16.6% YoY to $1.1 billion during the quarter. Net income attributable to common shareholders for the quarter was $62.9 million or $1.39 per diluted share in Q3 2013, compared to $49.5 million or $1.10 per diluted share in Q3 2012. According to Colin Dyer, President and CEO of Jones Lang LaSalle, "Our solid third-quarter results show significant revenue growth and increasing profitability across our operations. In the fourth quarter, traditionally the most profitable of the year, we will continue to improve margins, take market share and invest in the long-term strength of the business." The Full Research Report on Jones Lang LaSalle 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/85b9_JLL]
CNO Financial Group, Inc. Research Report
On October 29, 2013, CNO Financial Group, Inc. (CNO Financial Group) announced that the Company is teaming up with the Indiana Pacers during the 2013-2014 basketball season to raise money to help build better communities in central Indiana. According to the Company, for every three-point shot scored by an Indiana Pacers player at Bankers Life Fieldhouse during the regular season, CNO Financial group will donate $50 to the Pacers Foundation. Commenting on the release, Ed Bonach, CEO of CNO Financial Group stated, "Whether it's making a financial contribution or volunteering our time, investing in our communities is at the heart of CNO Financial Group's culture. By partnering with the Pacers, we hope to raise much needed dollars to help the Pacers Foundation fund community programs aimed at furthering their youth-focused mission." The Full Research Report on CNO Financial Group, 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/45cf_CNO]
Xoom Corporation Research Report
On October 22, 2013, Xoom Corporation (Xoom) released its financial results for Q3 2013. The Company's revenues were up by 62.2% YoY to $32.3 million during the quarter. Net income was $1.2 million or $0.03 per diluted share in Q3 2013, compared to net loss of $2.3 million or $0.45 per diluted share in Q3 2012. Commenting on the release, John Kunze, President and CEO of Xoom stated, "The quarter's strong performance across all corridors illustrates the demand for Xoom's digital remittance solution. We are pleased that consumers continue to choose Xoom as their preferred money transfer solution." The Full Research Report on Xoom Corporation - 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/d20d_XOOM]
First Financial Holdings, Inc. Research Report
On October 29, 2013, First Financial Holdings, Inc. (First Financial Holdings), formerly known as SCBT Financial Corp., released its Q3 2013 financial results. On a GAAP basis, the Company's net income available to common shareholders for Q3 2013 was $11.5 million or $0.52 per diluted common share, compared to $9.1 million or $0.60 per diluted common share in Q3 2012. Additionally, the Company stated that its Board of Directors has declared a quarterly cash dividend of $0.19 per share payable on its common stock payable on November 22, 2013, to shareholders of record as of November 15, 2013. The Full Research Report on First Financial Holdings, 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/fd52_SCBT]
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