Financial Companies Report Quarterly Financial Results, Dividends and Merger Agreements - Research Report on Cole, Nasdaq OMX, Flagstar, IBERIABANK, and BBCN

NEW YORK, October 28, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Cole Real Estate Investments, Inc. (NYSE: COLE), Nasdaq OMX Group Inc. (NASDAQ: NDAQ), Flagstar Bancorp Inc. (NYSE: FBC), IBERIABANK Corp. (NASDAQ: IBKC), and BBCN Bancorp, Inc. (NASDAQ: BBCN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Cole Real Estate Investments, Inc. Research Report

On October 23, 2013, Cole Real Estate Investments, Inc. (Cole) announced that it has signed a definitive agreement to merge the Company with American Realty Capital Properties, Inc. (ARCP). According to the Company, the transaction, which is expected to close in H1 2014, is valued at $11.2 billion and will create the largest net lease REIT with an enterprise value of $21.5 billion. Additionally, it was stated that the merger agreement has been unanimously approved by the Board of Directors of each company and is subject to customary closing conditions, including stockholder votes by both the Companies. Cole also stated that ARCP has secured c.$2.8 billion of fully committed financing from Barclays in connection with this transaction. The Full Research Report on Cole Real Estate Investments, 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/5bba_COLE]

Nasdaq OMX Group Inc. Research Report

On October 23, 2013, Nasdaq OMX Group Inc. (NASDAQ OMX) released its Q3 2013 financial results. Net revenues increased by 22.8% YoY to $506 million in Q3 2013. The Company's net income attributable to NASDAQ OMX for Q3 2013 was $113 million or $0.66 per diluted share, compared to $89 million or $0.52 per diluted share in Q3 2012. Commenting on the results, Bob Greifeld, CEO of NASDAQ OMX, stated, "This quarter is a great illustration of our strategy and the transformation of the fundamental business and revenue profile of NASDAQ OMX. We now feature a Technology Solutions segment composed of dominant industry leaders, with over $500 million of annualized revenue in the third quarter, and a Market Services segment which now sees two thirds of its transaction revenue coming from derivative and fixed income categories, each with strong secular growth opportunities. The industry leadership, unique product and service offering, and earnings potential create a compelling franchise for investors and an unmatched partner for our customers." The Full Research Report on Nasdaq OMX 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/1624_NDAQ]

Flagstar Bancorp Inc. Research Report

On October 22, 2013, Flagstar Bancorp Inc. (Flagstar) released its Q3 2013 financial results. The Company's reported net income applicable to common shareholders for Q3 2013 was $12.8 million or $0.16 per diluted share, compared to $79.7 million or $1.36 per diluted share in Q3 2012. Commenting on the results, Sandro DiNello, President and CEO of Flagstar stated, "As expected, mortgage-related revenues were lower this quarter, with higher interest rates driving a significant decline in refinance volume. The 17 percent increase in purchase mortgage originations, along with improved credit performance and decreased fixed and variable expenses, helped to partially offset the reduction in refinance activity." The Full Research Report on Flagstar Bancorp 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/1e08_FBC]

IBERIABANK Corp. Research Report

On October 22, 2013, IBERIABANK Corp. (IBERIABANK) released its Q3 2013 financial results. The Company's reported earnings available to common shareholders in Q3 2013 were $22.8 million or $0.78 per diluted share, compared to $20.8 million or $0.73 per diluted share. Commenting on the results, Daryl G. Byrd, President and CEO stated, "During the third quarter of 2013, we experienced solid growth in loans and deposits and a fairly stable margin during the third quarter. The decline in mortgage activity in the third quarter was offset by excellent growth in other fee income products and services. We are very pleased with the progress we achieved in our profitability improvement initiative during the third quarter." The Full Research Report on IBERIABANK 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/2754_IBKC]

BBCN Bancorp, Inc. Research Report

On October 22, 2013, BBCN Bancorp, Inc.'s (BBCN) Board of Directors declared a quarterly cash dividend of c.$0.08 per common share for Q3 2013. According to the Company, the dividend will be payable on or about November 15, 2013, to all stockholders of record as of November 1, 2013. In a separate release issued on October 21, 2013, the Company reported its Q3 2013 financial results. Net income available to common stockholders for Q3 2013 was $23.6 million or $0.30 per diluted share, compared to $18.4 million or $0.24 per diluted share in Q3 2012. The Full Research Report on BBCN Bancorp, 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/3600_BBCN]

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 making 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.

http://www.analystscorner.com/

SOURCE Analysts' Corner