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Announcements, Recognitions, Financial Results, and Schedules by Financial Companies - Research Report on Principal Financial, Legg Mason, Broadridge Financial, World Acceptance, and Financial Engines

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


News provided by

Analysts' Corner

Nov 01, 2013, 09:00 ET

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NEW YORK, November 1, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Principal Financial Group Inc. (NYSE: PFG), Legg Mason Inc. (NYSE: LM), Broadridge Financial Solutions Inc. (NYSE: BR), World Acceptance Corp. (NASDAQ: WRLD), and Financial Engines, Inc. (NASDAQ: FNGN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Principal Financial Group Inc. Research Report

On October 29, 2013, Principal Financial Group Inc. (Principal Financial Group) announced that Larry Zimpleman, Chairman, President, and CEO of the Company, received the 2013 Lillywhite Award at the Pensions & Investments West Coast Defined Contribution Conference in San Francisco. According to the Company, the Employee Benefit Research Institute (EBRI) sponsors the award which recognizes outstanding lifetime contributions to Americans' economic security. Additionally, EBRI President and CEO, Dallas Salisbury, presented the award, and commented, "Larry's contributions to America's retirement prospects extend through the tens of millions of participants served by The Principal® during his career, as well as his leadership in a wide variety of professional and academic organizations over the years. He is a long-standing champion of savings and financial literacy, who continues to lead both his company and this industry by his example." The Full Research Report on Principal 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/80cd_PFG]

--

Legg Mason Inc. Research Report

On October 25, 2013, Legg Mason Inc. (Legg Mason) released its Q2 FY 2014 financial results (period ended September 30, 2013). Net income attributable to the Company for Q2 FY 2014 was $86.3 million or $0.70 per diluted share during the quarter, compared to $80.8 million or $0.60 per diluted share in Q2 FY 2013. Commenting on the results, Joseph A. Sullivan, President and CEO of Legg Mason, stated, "This quarter, we generated solid operating results and better than expected earnings growth while we continued to strengthen our business and position the firm for improved earnings leverage. This performance builds upon our progress in enhancing Legg Mason's position as an industry leader. We will continue to focus on improving productivity, penetration and market share in our global retail distribution platform, capitalizing on additional product development and investment extension opportunities, and supporting the expansion of institutional distribution capabilities at our affiliates." The Full Research Report on Legg Mason 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/0d5b_LM]

--

Broadridge Financial Solutions Inc. Research Report

On October 28, 2013, Access Data Corp. (Access Data), a Broadridge Financial Solutions Inc. (Broadridge Financial Solutions) company, announced that several asset management firms including OppenheimerFunds have selected its Premium Reporting offering available through the Schwab Asset Intelligence (SAI) portal as demand for market intelligence and data transparency rises. Commenting on the release, Dan Cwenar, President of Access Data at Broadridge, stated, "With Premium Reporting, we go beyond standard data delivery to provide intelligence that fund firms can use to identify opportunities to grow their assets under management. This information is invaluable when setting sales and marketing strategies, ultimately helping OppenheimerFunds and our mutual fund clients of all sizes target the right firms and offer the right products, at the right time - and this is all made possible by our SaaS delivery model." The Full Research Report on Broadridge Financial Solutions 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/f133_BR]

--

World Acceptance Corp. Research Report

On October 24, 2013, World Acceptance Corp. (World Acceptance) released its Q2 FY 2014 financial results (period ended September 30, 2013). Total revenues were up by 7.6% YoY to $150.0 million during the quarter. Net income was $21.6 million or $1.80 per diluted share in Q2 FY 2014, compared to net income of $22.9 million or $1.72 per diluted share in Q2 FY 2013. Commenting on the results, Sandy McLean, CEO of the Company, stated, "The Company's growth in earnings per share has benefitted from our ongoing share repurchase program during the current fiscal year. We continue to use our excellent cash flow and strong financial position to fund our loan growth while repurchasing shares. In the first six months of fiscal 2014, the Company has repurchased approximately 733,000 shares for $65.1 million. Combined with the 2.6 million shares repurchased during fiscal 2013, the Company has reduced its weighted average diluted shares outstanding by 10.6% when comparing the two six-month periods." The Full Research Report on World Acceptance Corp.- 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/a10d_WRLD]

--

Financial Engines, Inc. Research Report

On October 22, 2013, Financial Engines, Inc. (Financial Engines) announced that it will host a conference call to discuss Q3 2013 financial results on November 5, 2013 at 5:00 p.m. ET. According to the Company, the call will be hosted by Jeff Maggioncalda, CEO and Ray Sims, CFO. Additionally, a press release on the Company's Q3 2013 results information will be issued on the same day, after the market closes. The Full Research Report on Financial Engines, 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/97e6_FNGN]

----

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 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 [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.

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