Interim Dividend Announcements, Quarterly Earnings Releases, Stock Price Movements, Annual Meeting Outcomes, and Recognitions - Analyst Notes on HSBC, Discover, Northstar, Itau and KeyCorp Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 28, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding HSBC Holdings Plc (NYSE: HSBC), Discover Financial Services (NYSE: DFS), Northstar Realty Finance Corp. (NYSE: NRF), Itau Unibanco Holding SA (NYSE: ITUB) and KeyCorp (NYSE: KEY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1686-100free.
HSBC Holdings Plc Analyst Notes
On April 24, 2014, HSBC Holdings Plc (HSBC) announced that its Board of Directors has declared a fourth interim dividend for 2013 of $0.19 per ordinary share, payable on April 30, 2014 to holders of record on March 13, 2014 on the Hong Kong Overseas Branch Register and on March 14, 2014 on the Principal Register or the Bermuda Overseas Branch Register. In addition, the Company informed that it has allotted 184,047,509 ordinary shares of $0.50 each to those shareholders who have opted for stock dividend instead of cash dividend. These shares, to be issued on April 30, 2014, will rank pari passu with the existing issued ordinary shares of the Company. The full analyst notes on HSBC are available to download free of charge at:
Discover Financial Services Analyst Notes
On April 22, 2014, Discover Financial Services (Discover) released its Q1 2014 earnings result. The net income allocated to common stockholders declined to $618 million, or $1.31 per diluted share, from $659 million, or $1.33 per diluted share, in Q1 2013. Analysts at Zacks Investment Research estimated its net income to decline to $1.25 per share. Revenues net of interest expense, during the quarter stood at $2.1 billion, up 4.3 YoY, beating the Zacks consensus revenue estimate of $1.77 billion on back of strong growth in net interest income. The Company's net interest income increased 10.9% YoY to $1.6 billion, benefiting from loan growth, lower interest expense and higher loan yield. The full analyst notes on Discover are available to download free of charge at:
Northstar Realty Finance Corp. Analyst Notes
On April 23, 2014, the shares in Northstar Realty Finance Corp. (Northstar) moved up 1.05% to end the trading session at $15.46, outperforming the S&P 500 Index that lost 0.22% on the same day. Shares in Northstar opened the session at $15.42 and fluctuated in the range of $15.34 - $15.56. The stock has a 52-week high of $16.44 and a 52-week low of $8.14. Over the previous three months, the stock has returned 6.47%, outperforming the S&P 500 Index that returned 4.75% over the same period. The full analyst notes on Northstar are available to download free of charge at:
Itau Unibanco Holding SA Analyst Notes
On April 23, 2014, Itau Unibanco Holding SA (Itau) reported the outcomes of Extraordinary and Annual General Meeting held on April 23, 2014. According to the Company, the Extraordinary General Meeting ended with approval for increasing the subscribed and paid in capital stock in the amount of R$ 15 billion as well as increasing the authorized capital limit up to 7.26 billion shares proportional to the share bonus issue. Meanwhile, shareholders at the Annual General Meeting approved the account statements and allocated the net income for fiscal year 2013; elected the members of the Board of Directors and the Fiscal Council for the next annual term of office; and approved, the amount for the aggregate compensation of the members of the Board of Directors, Board of Executive Officers, and Fiscal Council. The full analyst notes on Itau are available to download free of charge at:
KeyCorp Analyst Notes
On April 23, 2014, KeyCorp (KeyCorp) informed that it ranked 47th on the DiversityInc's Top 50 Companies for Diversity List for 2014. In addition, the Company also held 8th rank under the DiversityInc's Supplier Diversity category and 7th rank in the Diversity Councils category. KeyCorp's Chairman and CEO, Beth Mooney, commented, "We are stronger as a company and a community when we hire, support, and collaborate with diverse individuals who bring with them unique backgrounds and ideas. Our efforts to continuously build an environment of diversity and inclusion are a source of pride. We are grateful to DiversityInc for the recognition and all they do to advance corporate America." The full analyst notes on KeyCorp are available to download free of charge at:
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