Companies in the Financial Field Announce Financial Results, Expansions, and Earnings Schedules - Research Report on Ocwen, First Niagara, CBL, Northwest Bancshares, and Webster

NEW YORK, July 26, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Ocwen Financial Corp. (NYSE: OCN), First Niagara Financial Group Inc. (NASDAQ: FNFG), CBL & Associates Properties, Inc. (NYSE: CBL), Northwest Bancshares, Inc. (NASDAQ: NWBI), and Webster Financial Corp. (NYSE: WBS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Ocwen Financial Corp. Research Report

On July 23, 2013, Ocwen Financial Corp. (Ocwen) announced that it will host a conference call to discuss the Q2 2013 operating results on August 1, 2013, at 11:00 a.m. ET. The call will follow the Company's Q2 2013 earnings release, which will be available through the Shareholder Relations section on the Company website. Ocwen informed that a live audio webcast and slide presentation for the call will be available on the Company's website. A replay of the conference call will also be available from August 1, 2013, at 12:01 p.m. ET through August 8, 2013. The Full Research Report on Ocwen Financial Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/OCN]

--

First Niagara Financial Group Inc. Research Report

On July 19, 2013, First Niagara Financial Group Inc. (First Niagara) reported its financial results for Q2 2013. The Company's GAAP Net income available to common shareholders was $63.6 million or $0.18 per diluted share, an increase compared to $59.7 million or $0.17 per diluted share in Q1 2013. Commenting on the results, Gary Cosby, Interim President and Chief Executive Officer, noted, "We continue to drive profitable organic growth across our entire footprint by diversifying and enhancing revenue sources while managing expenses to achieve real operating leverage. First Niagara's strong business fundamentals are translating into strong financial performance. As we continue our search for a permanent CEO, the entire First Niagara team has not missed a beat and we are all focused on achieving our overall performance goals by expanding and broadening customer relationships for profitable organic growth." The Full Research Report on First Niagara Financial Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/FNFG]

--

CBL & Associates Properties, Inc. Research Report

On July 22, 2013, CBL & Associates Properties, Inc. (CBL) announced the addition of Dunham's Sports to the Randolph Mall in Asheboro, NC. CBL informed that the 60,200-square-foot store will be located in the anchor space currently occupied by Dillard's, which closed in late July 2013, and redevelopment construction will begin soon. According to Stephen Lebovitz, President and Chief Executive Officer of CBL, "We are excited to announce the addition of Dunham's Sports. This new location will provide Asheboro and the surrounding areas with a premier sporting goods retailer. This addition represents another step in our ongoing commitment to enhancing Randolph Mall to further its long-term success." The Full Research Report on CBL & Associates Properties, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/CBL]

--

Northwest Bancshares, Inc. Research Report

On July 22, 2013, Northwest Bancshares, Inc. (Northwest Bancshares) reported its financial results for Q2 2013. The Company's net income decreased to $13.5 million or $0.15 per diluted share, compared to $16.4 million or $0.17 per diluted share in Q2 2012. Additionally, the Company also announced that its Board of Directors has declared a $0.01 increase in its cash dividend to $0.13 per share payable on August 15, 2013, to shareholders of record as of August 1, 2013. Commenting on the results, William J. Wagner, President and CEO, said, "Although earnings for the quarter are disappointing, they were greatly impacted by several unusual items, including a $1.9 million write-down of a foreclosed property, $1.3 million in ATM replacement expense and a $553,000 decrease in mortgage banking income." The Full Research Report on Northwest Bancshares, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/NWBI]

--

Webster Financial Corp. Research Report

On July 22, 2013, Webster Financial Corp. (Webster), the holding company for Webster Bank, reported that Webster Bank has selected Aveksa, Inc., part of RSA, The Security Division of EMC, for its Business Driven Identity and Access Management (IAM) platform. Webster Bank has selected the IAM platform to help secure its enterprise with improved audit readiness, continuous compliance, and ability to make accurate and timely access-related decisions. Commenting on the news, Colin Eccles, Executive Vice President, Chief Information Officer, Webster Bank, said, "As one of the 33 largest banks in the nation, it is essential that we deploy the most sophisticated technology to support our banking services to provide an exceptional banking experience that enables our customers to bank when, where and how they want. We evaluated many Identity and Access Management solutions and selected Aveksa due to the breadth and depth of its functionality. Through our selection of Aveksa, we can rest assured that employee access to mission-critical applications and data is accurate and secure across the enterprise." The Full Research Report on Webster Financial Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/WBS]

----

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 a CFA. 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 has, through Chartered Financial Analysts, 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.

SOURCE Investors' Reports