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Financial Corporations Release Financial Results, Corporate Announcements, and Appointments - Research Report on Morgan Stanley, NASDAQ OMX, CNO Financial Group, KCG, and Apollo Investment Corporation

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


News provided by

Analysts' Corner

Jul 25, 2013, 08:00 ET

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NEW YORK, July 25, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Morgan Stanley (NYSE: MS), NASDAQ OMX Group Inc. (NASDAQ: NDAQ), CNO Financial Group, Inc. (NYSE: CNO), Knight Capital Group, Inc. (NYSE: KCG), and Apollo Investment Corporation (NASDAQ: AINV). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Morgan Stanley Research Report

On July 18, 2013, Morgan Stanley (Morgan Stanley) released its financial results for Q2 2013, with net revenues of $8.5 billion, an increase of 22.5% YoY. Income from continuing operations was $1.0 billion or $0.43 per diluted share, an increase compared to income of $562 million or $0.28 per diluted share in Q2 2012. According to James P. Gorman, Chairman and Chief Executive Officer, "This quarter, we saw significant year-over-year revenue growth in each of our five major business units and higher year-over-year profitability. Of particular note, Equity sales and trading results were strong across all products and regions, while Investment Banking delivered top-three rankings in announced and completed M&A, global equity offerings and global IPOs. In addition, we look forward to the full benefits of the recently completed Wealth Management acquisition. We continue to work as one firm to realize the advantages specific to our business model." The Full Research Report on Morgan Stanley - 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/e76a_MS]

--

NASDAQ OMX Group Inc. Research Report

On July 19, 2013, NASDAQ OMX Group Inc. (NASDAQ OMX) announced that shares of RetailMeNot, Inc. began trading on The NASDAQ Global Select Market under the ticker symbol "SALE." Bruce Aust, Executive Vice President, Global Corporate Client Group, NASDAQ OMX, stated, "We are thrilled to welcome RetailMeNot to our family of listed companies which include some of the most recognizable names in retail. We congratulate RetailMeNot on their initial public offering and we are eager to begin a successful partnership with the company and its stockholders." 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]

--

CNO Financial Group, Inc. Research Report

On July 22, 2013, Bankers Life and Casualty Company (Bankers Life), a subsidiary of CNO Financial Group, Inc., announced that it has received the honor of being named among the country's top 50 performing life-health insurance companies in the 2013 Ward's 50 ranking, an honor given to only 50 of the 800 life-health insurers analyzed. Commenting on the recognition, Scott Perry, President of Bankers Life, said, "It is a great honor to be selected to the Ward's 50 list of top performing life and health insurers. This recognition affirms our commitment to delivering strong financial and operating results that our customers, shareholders, and employees come to expect and depend on even in sluggish economic conditions." The Full Research Report on CNO Financial 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/45cf_CNO]

--

Knight Capital Group, Inc. Research Report

On July 15, 2013, Knight Capital Group, Inc. (KCG) announced that its current Chief Risk Officer (CRO) Nick Ogurtsov will also assume the role of Chief Operating Officer upon Darren Mast's resignation, effective August 16, 2013. Also effective on the same date, Ryan Primmer will fill the position of Global Head of Fixed Income, Foreign Exchange and Commodities, and will be responsible for the Firm's Fixed Income and Foreign Exchange and Commodities trading globally. KCG also informed that Greg Tusar has been appointed as the Co-Head of Global Execution Services and Platforms, which will be effective from August 20, 2013. Along with Albert Maasland, Mr. Tusar will be responsible for KCG's sales, products and platforms worldwide. KCG stated that Mr. Ogurtsov, Mr. Tusar and Mr. Primmer will report to Daniel Coleman, CEO of the Company. The Full Research Report on Knight Capital 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/5824_KCG]

--

Apollo Investment Corporation Research Report

On July 18, 2013, Apollo Investment Corporation announced that it will release the Company's Q1 FY 2014 financial results (period ended June 30, 2013) before the market opens on August 8, 2013 at 7:30 a.m. ET. The Company will host a conference call on August 8, 2013, at 12:00 p.m. ET. The Company informed that a replay of the event, both telephonically and through audio webcast, will be available on the Company's website beginning approximately two hours after the live call through August 22, 2013. The Full Research Report on Apollo Investment 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/f4b9_AINV]

----

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].
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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.

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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.

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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.

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