Acquisition Agreements, New Partnerships, Actuarial Reviews, Corporate Updates and Trading Commencement - Research Report on Huntington, Xoom, Tower Group, Ambac and Qiwi

NEW YORK, October 15, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Huntington Bancshares Incorporated (NASDAQ: HBAN), Xoom Corporation (NASDAQ: XOOM), Tower Group Inc. (NASDAQ: TWGP), Ambac Financial Group, Inc. (NASDAQ: AMBC), and Qiwi plc (NASDAQ: QIWI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Huntington Bancshares Incorporated Research Report

On October 10, 2013, Huntington Bancshares Incorporated (Huntington) announced that it has signed a definitive agreement with Camco Financial Corporation (Camco Financial), under which Huntington will acquire Camco Financial, the parent company of Cambridge Ohio-based Advantage Bank, in a cash and stock transaction. Commenting on the acquisition agreement, Steve Steinour, Chairman, President and CEO of Huntington Bank, said, "This is a great opportunity to enhance our presence in several areas within our existing footprint and to expand into several new attractive geographies. We are pleased to welcome the more than 55,000 customers of Advantage Bank to Huntington. Our new customers will now have access to some of the highest rated customer service in the industry and to some of the most innovative banking products and services, which have helped to grow our customer base by more than 30 percent in the past three years. The acquisition will also give our current customers the convenience of more branches." The Full Research Report on Huntington Bancshares Incorporated - 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/25d4_HBAN]

Xoom Corporation Research Report

On October 7, 2013, Xoom Corporation (Xoom) announced its partnership with Red Pocket Mobile, a contract-free wireless service provider, to offer Red Pocket subscribers integrated access to Xoom's mobile and desktop global money transfer sites. Commenting on the partnership, Julian King, Xoom's Senior Vice President of Marketing and Corporate Development, said, "Partnering with Red Pocket further propels Xoom's expansion into the mobile domain. Red Pocket has become known for exceptional mobile service that includes many loyal subscribers in America's immigrant population who still have strong ties to family and friends in their home countries. At Xoom, we're changing the way money transfers have typically been done by offering our customers a digital service on desktop and mobile that is safe, convenient and very fast." 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]

Tower Group Inc. Research Report

On October 7, 2013, Tower Group Inc. (Tower Group) announced that with the assistance of its independent actuarial consultants, it has completed a comprehensive review of Tower Group's loss reserves as of June 30, 2013. The Company said that as a result of this review, it expects to strengthen loss reserves by approximately $365 million (approximately $185 million of which was attributable to its U.S. Insurance subsidiaries), primarily for accident years 2009 through 2011 in commercial insurance lines of business, including workers' compensation, commercial multi-peril, commercial auto and other liability lines. Tower Group stated that the reserve strengthening reflects adverse loss emergence, coupled with changes in judgment, including actuarial factors. Additionally, the Company expects to announce its full results for the second quarter promptly upon the conclusion of management's evaluation of the results. The Full Research Report on Tower 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/7df7_TWGP]

Ambac Financial Group, Inc. Research Report

On October 10, 2013, Ambac Financial Group, Inc. (Ambac) announced that in response to recent questions about the Company's exposure to the Commonwealth of Puerto Rico, Ambac has posted an overview of its Puerto Rico exposures in the Investor Relations section of the Company's website. Additionally, in other news dated September 30, 2013, Ambac reported that it will release its Q3 2013 financial results and hold an earnings conference call on November 14, 2013. The Full Research Report on Ambac 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/d20d_XOOM]

Qiwi plc Research Report

On October 8, 2013, Qiwi plc (Qiwi) announced the commencement of trading of its American Depositary Shares (ADSs) representing its Class B shares, on Moscow Exchange. According to the Company, the ADSs are to trade on the Innovation and Investment Market with the ticker QIWI, with pricing and settlement of the Company's securities made in RUB. Commenting on this, QIWI CFO Alexander Karavaev, stated, "Listing on Moscow Exchange will open to our partners, including QIWI agents, direct access to the Company's ADSs. We believe that this will contribute to the expansion of our investor base and will be positive for the development of QIWI's core business." The Full Research Report on Qiwi plc - 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/0217_QIWI]

EDITOR 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 fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to making 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 [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 represented by Ananya Ghosh, CFA, has 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Analysts' Corner