Credit Services Companies Report Scam Awareness Efforts, Senior Secured Credit Facilities, Giveaways and Corporate Announcements - Research Report on Visa, Capital One, Western Union, CIT, and SLM
NEW YORK, September 18, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Visa, Inc. (NYSE: V), Capital One Financial Corp. (NYSE: COF), Western Union Co. (NYSE: WU), CIT Group Inc. (NYSE: CIT), and SLM Corporation (NASDAQ: SLM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Visa, Inc. Research Report
On September 12, 2013, Bloomberg reported that Visa, Inc. along with MasterCard Inc. will ask a judge to put to rest antitrust allegations that have plagued the companies for years over fees that are paid by U.S. merchants to support the credit card networks. Commenting on the ongoing litigation, Steven Semeraro, a former U.S. Justice Department lawyer said, "They're seeing this settlement as finally buying them some peace. And that's worth it to them, however many billions of dollars it's going to cost." The Full Research Report on Visa, 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/a563_V]
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Capital One Financial Corp. Research Report
On September 9, 2013, Capital One Financial Corp. (Capital One) announced that it has ended its contractual credit card relationship with Best Buy, and has completed the previously announced sale of the related portfolio of Best Buy private label and co-branded credit card accounts to Citi. According to the Company, with the completion of the sale, Capital One may start executing its previously announced $1 billion share repurchase program, which does not include specific price targets, and may be executed through open market purchases or privately negotiated transactions, including utilizing Rule 10b5-1 programs, and may be suspended at any time. The Full Research Report on Capital One Financial 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/13b5_COF]
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Western Union Co. Research Report
On September 5, 2013, Western Union Co. (Western Union) and the Better Business Bureau (BBB) announced efforts to promote awareness of scams involving internet transactions for rental properties. Western Union informed that the BBB Scam Stopper was launched jointly by the two Companies to help consumers reduce their chances of becoming a victim of common scams. According to the Company, visitors can sign up on the BBB Scam Stopper to receive scam alerts, weekly emails with details on the latest scams reported all over North America. Additionally, information on scams and tips will also be available at the Company's Consumer Protection Center. The Full Research Report on Western Union Co. - 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/11b8_WU]
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CIT Group Inc. Research Report
On September 11, 2013, CIT Group Inc. (CIT) announced that it provided a senior secured credit facility to The Fragrance Outlet (TFO), which will be used to continue to grow TFO's outlet mall presence as well as develop its "Spritz" brand of stores for traditional malls. According to the Company, CIT Corporate Finance served as Sole Lender and Lead Arranger for the transaction, while CIT Bank, the commercial bank subsidiary of CIT, provided the financing. Commenting on the release, Bob Bielinski, Managing Director of CIT Corporate Finance, Retail and Restaurants said, "CIT is pleased to be able to support the growth of The Fragrance Outlet by providing this credit facility. Over the last few years, The Fragrance Outlet has taken steps to position themselves for success, and we look forward to growing our relationship in the years to come." The Full Research Report on CIT 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/4d4e_CIT]
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SLM Corporation Research Report
On September 12, 2013, SLM Corporation (Sallie Mae) announced that its subsidiary Upromise has launched its second annual "Make the Pledge, Keep the Promise" $100,000 giveaway, together with celebrity mom Elisabeth Rohm. According to the release, to enter the giveaway, interested parties should visit Upromise's website to sign up for a free membership and take the pledge through October 10, 2013. Additionally, interested parties can further boost chances of winning by shopping through the Upromise website, dining at Upromise partner restaurants and/or downloading the free college savings tool, "RewardU." Sallie Mae also stated that 50 finalists will be randomly selected, and will be subjected to public voting to select the 10 grand prize winners of $10,000. The Full Research Report on SLM 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/cd1b_SLM]
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