NEW YORK, July 25, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding State Street Corporation (NYSE: STT), The Bank of New York Mellon Corporation (NYSE: BK), The Blackstone Group L.P. (NYSE: BX), Affiliated Managers Group, Inc. (NYSE: AMG) and Artisan Partners Asset Management Inc. (NYSE: APAM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5103-100free. -- State Street Corporation Research Reports
On July 22, 2014, State Street Corporation (State Street) reported its Q2 2014 financial results. Revenue increased 1.6% YoY to $2.6 billion. Net income came in at $602 million, or $1.38 per diluted common share, compared with $571 million, or $1.24 per diluted common share in Q2 2013. Joseph L. Hooley, State Street's Chairman, President and CEO said, "We continue to see strong demand for our products and services as evidenced by our second quarter new business wins which were $250 billion in asset servicing and $18 billion in net new assets to be managed. We also have a robust and well-diversified new business pipeline." He added that the Company continues to prioritize returning capital to shareholders through dividends and purchases, and during Q2 2014 it purchased approximately $410 million of the common stock. The full research reports on State Street are available to download free of charge at: http://www.analystsreview.com/Jul-25-2014/STT/report.pdf -- The Bank of New York Mellon Corporation Research Reports
On July 22, 2014, The Bank of New York Mellon Corporation (BNY Mellon) announced that according to its Depositary Receipts (DR) 2014 Midyear Update, the first half of the year registered the highest level of DR capital raisings in the last three years. According to the update, as of June 30, 2014, about 41 capital markets transactions raised more than $9.1 billion globally, versus the $3.6 billion raised through 20 transactions during the same period in 2013. Furthermore International companies continuously turn to US stock exchanges to connect with American investors for initial public offerings and subsequent capital raising activities, while Companies from Asia-Pacific have dominated activity to date, accounting for almost 60% of capital raised with more than $5.5 billion. BNY Mellon added that China was responsible for nearly half of the new capital raising DR programs. The full research reports on BNY Mellon are available to download free of charge at: http://www.analystsreview.com/Jul-25-2014/BK/report.pdf -- The Blackstone Group L.P. Research Reports
On July 17, 2014, The Blackstone Group L.P. (Blackstone) reported its Q2 2014 financial results. Total revenues increased 56.1% YoY to $2.2 billion. Economic Net Income (ENI) was $1.3 billion, up 88.6% YoY. Net income registered $517.0 million, or distributable earnings of $0.65 per common unit, compared with $211.1 million, or distributable earnings $0.28 per common unit in Q2 2013. Stephen A. Schwarzman, Chairman and CEO, said, "Blackstone's second quarter results marked one of our best ever in terms of both ENI and distributable earnings." He added, "Despite our sharp increase in realizations to $39 billion over the past year, continued capital inflows and strong investment performance brought us to another record for total assets under management, reaching $279 billion at quarter end, up 21% year over year." The full research reports on Blackstone are available to download free of charge at: http://www.analystsreview.com/Jul-25-2014/BX/report.pdf -- Affiliated Managers Group, Inc. Research Reports
On July 22, 2014, Affiliated Managers Group, Inc. (AMG) announced that it will report its Q2 2014 financial results on July 29, 2014, followed by a conference call on the same day at 11:00 a.m. ET. The Company stated that its Chairman and CEO Sean M. Healey, President and Chief Operating Officer Nathaniel Dalton, and CFO Jay C. Horgen will host the call. AMG added that the teleconference call, as well as its replay, will be made available on its Investor Relations website. The full research reports on AMG are available to download free of charge at: http://www.analystsreview.com/Jul-25-2014/AMG/report.pdf -- Artisan Partners Asset Management Inc. Research Reports
On July 21, 2014, Artisan Partners Asset Management Inc. (Artisan Partners) reported its Q2 2014 financial results. Total revenues were up 28.7% YoY to $208.5 million. Operating income registered $80.8 million, compared with $48.3 million in Q2 2013. Net income stood at $19.3 million, or $0.42 per diluted share, compared with $5.7 million, or $0.38 per diluted share in Q2 2013. The Company also reported assets under management (AUM) of $112.0 billion up 30.6% YoY. According to Eric Colson, President and CEO, as of June 30, 2014 seven out of its 11 strategies with 10-year track record have added value over the trailing 10-year period. Furthermore, four of its five distribution channels and four of its six investment teams experienced positive client cash flows during the quarter. The full research reports on Artisan Partners are available to download free of charge at: http://www.analystsreview.com/Jul-25-2014/APAM/report.pdf -- About Analysts Review We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership. =============== EDITOR'S NOTES: =============== 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. 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. 4. 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 [at] http://www.analystsreview.com. 5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com. 6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.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 Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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 Analysts Review 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 Analysts Review 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 Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review 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. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
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