Company Statement, New Remittance Service, Financing Deal, Loss Estimates Update, and Financial Results Schedule - Research Reports on Ocwen, ICICI Bank, Banco Bradesco, Prudential and Allstate

NEW YORK, October 27, 2014 /PRNewswire/ --

Today, Analysts Review released its research reports regarding Ocwen Financial Corp. (NYSE: OCN), ICICI Bank Ltd. (NYSE: IBN), Banco Bradesco S.A. (NYSE: BBD), Prudential Financial, Inc. (NYSE: PRU) and The Allstate Corporation (NYSE: ALL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7441-100free.

Ocwen Financial Corp. Research Reports 

On October 21, 2014, Ocwen Financial Corp. (Ocwen) issued a statement in response to the letter it received from the New York Department of Financial Services (DFS) related to erroneously dated borrower correspondence. Ocwen said that it "regrets that, due to software errors in our correspondence systems, we inadvertently sent improperly dated letters to some borrowers." According to a Reuters report, DFS's letter to Ocwen alleged that the Company may have harmed hundreds of thousands of borrowers by sending backdated letters about loan modifications and foreclosures. In its response statement, the Company has said that 283 borrowers in New York received letters with incorrect dates, and added that 281 were still with it. Ocwen later modified its statement to say that it is aware of additional borrowers in New York who received letters with incorrect dates but does not yet know how many such letters there were. "We are working with and fully cooperating with DFS and the Monitor to address their concerns," said the Company. Shares tanked 18.20% to close at $21.48. The full research reports on Ocwen are available to download free of charge at:

http://www.analystsreview.com/Oct-27-2014/OCN/report.pdf

ICICI Bank Ltd. Research Reports 

On October 1, 2014, ICICI Bank Ltd (ICICI Bank), India's largest private sector lender, announced the launch of 'Call2Remit', a new service for Money2India.com (M2I) users to initiate money transfer/remittance requests by simply calling the customer care centre of M2I. According to ICICI Bank, it has become the first Indian bank to launch such a service, which is aimed at creating another alternative for users to place their money transfer requests in a convenient and hassle free manner. Commenting on the development, ICICI Bank's President Vijay Chandok said, "We have observed that users at times want to place a money transfer request urgently but fail to do so in time since they do not have access to the internet. With 'Call2Remit', users no longer have to wait and worry about these issues." The full research reports on ICICI Bank are available to download free of charge at:

http://www.analystsreview.com/Oct-27-2014/IBN/report.pdf

Banco Bradesco S.A. Research Reports
On October 10, 2014, Brazilian lender Banco Bradesco S.A. (Banco Bradesco) announced that it will release its Q3 2014 financial results on October 30, 2014, before the market opens. The Company will also host conference calls on the following day to discuss the results, at 7:00 a.m. ET in Portuguese and 9:00 a.m. ET in English. The full research reports on Banco Bradesco are available to download free of charge at:

http://www.analystsreview.com/Oct-27-2014/BBD/report.pdf

Prudential Financial, Inc. Research Reports 

On October 13, 2014, Prudential Financial, Inc.'s commercial mortgage finance subsidiary, Prudential Mortgage Capital Company (Prudential Mortgage), announced that it has secured $115.8 million in permanent financing through Freddie Mac for Art Place at Fort Totten - a 520-unit mixed-income and mixed-use development in Northeast Washington, D.C. Prudential Mortgage informed that the borrower is an affiliate of The Morris and Gwendolyn Cafritz Foundation. According to Prudential Mortgage, Prudential Financial's $400 million impact investment portfolio was also a participant in financing of this transaction, providing $25 million. "When this property is completed, it will bring high quality market rate and affordable housing to the community, along with new commercial and retail opportunities for neighborhood residents," said Alex Viorst, a principal with Prudential Mortgage's affordable housing business. The full research reports on Prudential are available to download free of charge at:

http://www.analystsreview.com/Oct-27-2014/PRU/report.pdf

The Allstate Corporation Research Reports 

On October 16, 2014, The Allstate Corporation (Allstate) announced estimated catastrophe losses for the month of September 2014 of $250 million pre-tax, or $163 million after-tax. For Q3 2014, the estimated catastrophe losses were $517 million pre-tax, or $336 million after-tax. Allstate informed that the Q3 2014 catastrophe losses comprised 29 events at an estimated cost of $384 million, pre-tax, plus increased reserve re-estimates of prior reported catastrophe losses. The Company stated that the reserve re-estimates were due to higher than anticipated reported property claims related to two severe weather events in Q2 2014. The full research reports on Allstate are available to download free of charge at:

http://www.analystsreview.com/Oct-27-2014/ALL/report.pdf

About Analysts Review

We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.

===============
EDITOR'S 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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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 pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com 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 Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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

Analysts Review 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

Analysts Review 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 Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review 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.

http://www.AnalystsReview.com

SOURCE Analysts Review