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Financial Companies Report Quarterly and Full-Year Results, Partnerships, and Appointments - Research Report on Franklin Resources, Zillow, Cash America, Federated Investors, and Fulton Financial

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


News provided by

Analysts' Corner

Oct 31, 2013, 09:00 ET

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NEW YORK, October 31, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Franklin Resources Inc. (NYSE: BEN), Zillow, Inc. (NASDAQ: Z), Cash America International, Inc. (NYSE: CSH), Federated Investors, Inc. (NYSE: FII), and Fulton Financial Corporation (NASDAQ: FULT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Franklin Resources Inc. Research Report

On October 24, 2013, Franklin Resources Inc. (Franklin Resources) released its Q4 FY 2013 and FY 2013 financial results (period ended September 30, 2013). Total operating revenues were up by 9.3% YoY and down by 4.8% QoQ to $2.0 billion in Q4 FY 2013. The operating revenues increased by 12.4% YoY to $8.0 billion for full-year FY 2013. The Company reported net income for Q4 FY 2013 of $509.0 million, or $0.80 per diluted share, compared to net income of $492.1 million, or $0.77 per diluted share, in Q4 FY 2012. Net income for full-year FY 2013 was $2.2 billion or $3.37 per diluted share, compared $1.9 billion or $2.98 per diluted share in full-year FY 2012. The Full Research Report on Franklin Resources 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/2e0a_BEN]

Zillow, Inc. Research Report

On October 23, 2013, Zillow, Inc. (Zillow) announced that North Alabama Multiple Listing Service, Inc. has joined the Zillow® Partnership Platform and will begin providing up-to-date listing data directly to the Zillow Real Estate Network through NALMLS's MLS Direct Syndication™ platform. According to Zillow, NALMLS listings will be seen by the Company's nearly 64 million monthly mobile and web visitors, and automatically appear on the Company's Real Estate Network including Zillow.com®, Zillow Mobile, Yahoo!® Homes, Google Now™, HGTV®'s FrontDoor™ and HotPads™. Greg Schwartz, Zillow Chief Revenue Officer stated, "Zillow attracts the largest audience of home shoppers in the category nationwide, and is the best place for brokers and agents to market their listings and connect with them. NALMLS, along with thousands of other MLSs, brokers and agents, understand the value in Zillow's wild popularity with home shoppers and dedication to providing accurate and timely listings. We are thrilled to be able to provide home buyers with the most up-to-date for-sale listings in north Alabama, and real estate professionals a way to market to the broadest audience of home shoppers." The Full Research Report on Zillow, 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/5223_Z]

Cash America International, Inc. Research Report

On October 24, 2013, Cash America International, Inc. (Cash America) released its Q3 2013 financial results. Total revenues for Q3 2013 declined by 0.4% YoY to $437.8 million. Net income attributable to Cash America for Q3 2013 was $46.2 million or $1.52 per diluted share, compared to $11.7 million or $0.37 per diluted share in Q3 2012. According to Daniel R. Feehan, President and CEO of Cash America, "The growth in our consumer loan products during the third quarter provided revenue growth to our E-Commerce business to compensate for the challenges in our retail services business, which continued to experience soft growth in pawn loans and lower levels of profit from the disposition of merchandise." The Full Research Report on Cash America International, 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/9187_CSH]

Federated Investors, Inc. Research Report

On October 24, 2013, Federated Investors, Inc. (Federated Investors) released its Q3 2013 financial results. The Company's reported revenue for Q3 2013 came in at $211.9 million, reflecting a decline of 11.2% YoY. Net income for Q3 2013 was $37.7 million, or $0.36 per diluted share, compared to net income of $55.8 million or $0.54 per diluted share in Q3 2012. Commenting on the results, J. Christopher Donahue, President and CEO said, "Federated's top-selling equity funds during the quarter included equity-income strategies and a balanced-allocation portfolio. Interest in these strategies supports findings of the Federated 2013 Investor Mindset Survey, which showed that high-net-worth investors and advisors have become more positive toward equity and balanced strategies as sources of income. We also saw demand for our large-cap growth, small value and high-yield bond strategies." The Full Research Report on Federated Investors, 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/f413_FII]

Fulton Financial Corporation Research Report

On October 24, 2013, Fulton Financial Corporation (Fulton Financial) welcomed Patrick S. Barrett as Senior Executive Vice President and member of the Company's senior management team, effective November 4, 2013. Additionally, Fulton Financial stated that upon retirement of CFO Charles J. Nugent at the end of 2013, Barrett will become the Company's CFO. Commenting on the appointment, E. Philip Wenger, Chairman, President, and CEO of Fulton Financial stated, "Patrick's significant experience in the areas of corporate finance and investor relations will be extremely valuable in his new role. We are delighted to welcome him to the Fulton Financial team, and we look forward to incorporating his expertise and perspective into our strategic thinking." The Full Research Report on Fulton Financial 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/6d37_FULT]

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.

www.AnalystsCorner.com

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