Record Donations, Scheduled Conferences, and Financial Results - Research Report on Wells Fargo, American Express, Host Hotels & Resorts, IntercontinentalExchange, and W.P. Carey
NEW YORK, November 8, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Wells Fargo & Company (NYSE: WFC), American Express Company (NYSE: AXP), Host Hotels & Resorts Inc. (NYSE: HST), IntercontinentalExchange, Inc. (NYSE: ICE), and W. P. Carey & Co. LLC (NYSE: WPC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Wells Fargo & Company Research Report
On November 4, 2013, Wells Fargo & Company (Wells Fargo) announced that the Company's team members donated a record total of $89.0 million to community non-profits in 2013, including $64.9 million pledged during the Company's annual Community Support and United Way Campaign. Chairman and CEO of Wells Fargo, John Stumpf, commented, "Wells Fargo's team members have always been deeply committed to supporting their communities. This year they demonstrated that deep commitment again through record contributions and volunteering. I'm inspired by how our team members live our company's vision and values." The Full Research Report on Wells Fargo & Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
American Express Company Research Report
On November 4, 2013, American Express Company (American Express) announced that its President Edward P. Gilligan, will participate in the Bank of America Merrill Lynch Banking and Financial Services Conference on Tuesday, November 12, 2013, at 2:20 p.m. ET in New York. American Express stated that Mr. Gilligan will participate in a question and answer session relating to the Company's business strategy and results. The Company informed that a live audio webcast and audio replay of the presentation will be available through its Investor Relations website. The Full Research Report on American Express Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Host Hotels & Resorts Inc. Research Report
On November 5, 2013, Host Hotels & Resorts Inc. (Host Hotels & Resorts) released its Q3 2013 financial results with total revenues reported at $1.2 billion, representing a 5.6% YoY increase. Net income attributable to the Company was $19.0 million or $0.03 per diluted share, compared to net loss attributable to the Company of $34.0 million or $0.05 per diluted share in Q3 2012. Adjusted Funds From Operations (FFO) per diluted share arrived at $0.25 versus $0.23 in Q3 2012. For full-year 2013, the Company anticipates diluted EPS to be in the range of approximately $0.39 to $0.41 and adjusted FFO per diluted share to range from approximately $1.28 to $1.30. The Full Research Report on Host Hotels & Resorts Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
IntercontinentalExchange, Inc. Research Report
On November 5, 2013, IntercontinentalExchange, Inc. (InterContinentalExchange) released its Q3 2013 financial results with total revenues reported at $337.9 million representing an increase of 4.5% YoY. Net income attributable to the Company arrived at $141.3 million or $1.92 per diluted share, compared to $131.1 million or $1.79 per diluted share in Q3 2012. Jeffrey C. Sprecher, IntercontinentalExchange's Chairman and CEO, stated "ICE delivered another solid quarter with significant operational and strategic initiatives that provide for continued long-term growth. The pending completion of our acquisition of NYSE Euronext will expand our reach to serving customers in important asset classes including interest rates and equities. We will maintain our focus on meeting our customers' needs and on disciplined growth and industry-leading returns for shareholders." The Company informed that for Q4 2013 its Board of Directors has declared a quarterly cash dividend of $75.0 million, contingent on the closing of the NYSE Euronext acquisition, with a record date of December 16, 2013 and a payment date of December 31, 2013. The Full Research Report on IntercontinentalExchange, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
W. P. Carey & Co. LLC Research Report
On November 5, 2013, W. P. Carey & Co. LLC (W.P. Carey) released its Q3 2013 financial results. Net income attributable to the Company stood at $18.5 million or $0.27 per diluted share, compared to $2.6 million or $0.06 per diluted share in Q3 2012. Adjusted Funds From Operations (FFO) stood at $71.1 million or $1.03 per diluted share, compared to $33.9 million or $0.82 per diluted share in Q3 2012. According to the Company, the increased AFFO was primarily due to income from the properties the Company acquired in its merger with Corporate Property Associates 15 - Incorporated on September 28, 2012 (the "CPA®:15 Merger") partially offset by the cessation of asset management revenue received from CPA®:15 after the CPA®:15 Merger was completed. President and CEO Trevor Bond stated, "The third quarter marks the conclusion of our first full year as a REIT and also included another significant milestone for the company with the announcement of our proposed merger with CPA®:16 - Global. While we continue to closely monitor the current economic environment, we believe that the strength our business model and adhering to our established, conservative investment criteria will enable us to continue providing steady income to both our stockholders and investors in our Managed REITs." The Full Research Report on W. P. Carey & Co. LLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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