NEW YORK, April 22, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Bank of America Corporation (NYSE: BAC), The Goldman Sachs Group, Inc. (NYSE: GS), Sovran Self Storage Inc. (NYSE: SSS), Washington Real Estate Investment Trust (NYSE: WRE), and Universal Insurance Holdings Inc. (NYSE: UVE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1207-100free
Bank of America Corporation Analyst Notes
On April 9, 2014, Bank of America Corporation (Bank of America) announced that it has reached an agreement with the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (CFPB). According to the Company, the agreement is for resolving issues related to the marketing and sale of credit card debt cancellation products and billing of identity theft protection products, including those marketed and billed by its vendors. Additionally, the Company stated that it has stopped marketing identity theft protection products as of December 2011, and credit card debt cancellation products as of August 2012. Bank of America added that as part of the agreement, it will pay fines totaling $45 million to the OCC and CFPB and will also refund approximately $738 million to the affected customers. The full analyst notes on Bank of America Corporation are available to download free of charge at:
The Goldman Sachs Group, Inc. Analyst Notes
On April 11, 2014, The Goldman Sachs Group, Inc. (Goldman Sachs) announced that it has declared dividends on its series of non-cumulative preferred stock. According to the release, dividends of $236.98 per share on Series A and $252.78 per share on Series C and D of Floating Rate Non-Cumulative Preferred Stock, $387.50 and $371.88 per share of 6.20% and 5.95%, Non-Cumulative Preferred Stock, Series B and I, respectively, and $343.75 per share of 5.50% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series J, respectively, will be paid on May 12, 2014, to preferred shareholders of record as of April 27, 2014. Additionally, Goldman Sachs stated that it has declared a dividend of $1,011.11 per share of Perpetual Non-Cumulative Preferred Stock, Series E and F, payable on June 2, 2014 to shareholders of record as of May 18, 2014. The full analyst notes on The Goldman Sachs Group, Inc. are available to download free of charge at:
Sovran Self Storage Inc. Analyst Notes
On April 7, 2014, Sovran Self Storage Inc. (Sovran Self Storage) announced that its Board of Directors has declared a quarterly dividend of $0.68 per share of common stock. According to the release, the quarterly dividend is payable on April 28, 2014, to shareholders of record as of April 17, 2014. The full analyst notes on Sovran Self Storage Inc. are available to download free of charge at:
Washington Real Estate Investment Trust Analyst Notes
On April 7, 2014, Washington Real Estate Investment Trust (Washington REIT) announced the appointment of Mr. Thomas Q. Bakke, as Executive Vice President and Chief Operating Officer, with effect from April 21, 2014. According to the Company, Mr. Bakke will be responsible for overseeing all aspects of the Company's real estate operations, including asset management, marketing, leasing, property management and development. The Company informed that prior to joining Washington REIT, Mr. Bakke served as a Senior Managing Director at Cushman & Wakefield. Paul T. McDermott, President and CEO of Washington REIT said, "Tom will play a pivotal role in driving our strategy forward as we continue to focus on our core business and aggressively pursue strategic opportunities to further strengthen and expand the portfolio. I look forward to working closely with Tom as we elevate Washington REIT to a new level of success that delivers long-term value for our shareholders." The full analyst notes on Washington Real Estate Investment Trust are available to download free of charge at:
Universal Insurance Holdings Inc. Analyst Notes
On April 10, 2014, Universal Insurance Holdings Inc. (Universal Insurance Holdings) announced that the Insurance Commissioner of Delaware has issued a Certificate of Authority to Universal Property & Casualty Insurance Company (UPCIC), a wholly-owned subsidiary of the Company, approving UPCIC as a licensed insurance entity in Delaware. According to the release, UPCIC expects to file its homeowners insurance rates and forms with the Delaware Insurance Commissioner and expects to begin writing homeowners insurance in Delaware by the end of Q2 2014, pending normal regulatory approvals. Chairman, President and CEO, Sean P. Downes, stated, "Geographic diversification is a key component of our strategy to drive shareholder value, and this approval marks another important step in that process. We look forward to building strong relationships with independent agents in Delaware and offering our insurance products to citizens of the state." The full analyst notes on Universal Insurance Holdings Inc. are available to download free of charge at:
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