Financial Results, Upcoming Earnings Schedules, Private Exchange Platforms and Other Announcements - Research Report on Citi, Marsh & McLennan Companies, CubeSmart, W.P. Carey, and AmTrust
NEW YORK, October 18, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Citigroup, Inc. (NYSE: C), Marsh & McLennan Companies, Inc. (NYSE: MMC), CubeSmart (NYSE: CUBE), W. P. Carey & Co. LLC (NYSE: WPC), and AmTrust Financial Services, Inc. (NASDAQ: AFSI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Citigroup, Inc. Research Report
On October 15, 2013, Citigroup, Inc. (Citi) announced its Q3 2013 financial results. Citigroup's reported that its total revenues stood at $17.9 billion, up 30.5% YoY and down 12.7% QoQ. Net income was $3.2 billion compared to $468 million in Q3 2012. Citicorp, the Company's business segment, reported that its total revenues were $16.6 billion in Q3 2013, down 4.3% YoY and 14.2% QoQ.Net income came in at $3.3 billion, compared to $4.0 billion in Q3 2012 and $4.8 billion in Q2 2013. Commenting on the results, Michael Corbat, CEO of Citi, stated, "We performed relatively well in this challenging, uneven macro environment. While many of the factors which influence our revenues are not within our full control, we certainly can control our costs and I am pleased with our expense discipline and improved efficiency year-to-date." The Full Research Report on Citigroup, 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/7010_C]
Marsh & McLennan Companies, Inc. Research Report
On October 15, 2013, Marsh & McLennan Companies, Inc.'s (Marsh & McLennan Companies) reported that Mercer, its wholly owned subsidiary has signed up 52 employers to offer a comprehensive range of benefits through Mercer's private exchanges for the 2014 plan year. According to the Company, the 52 employers include Petco and Kinder Morgan. Mercer stated that it anticipates that the exchanges will cover 200,000 employees, retirees, and family members next year. Julio A. Portalatin, Mercer's President and CEO, stated, "We're delighted that Petco and Kinder Morgan as well as so many other leading employers are choosing to offer benefits through Mercer's private exchanges for 2014. This speaks to their recognition that Mercer's exchange offerings provide the opportunity to manage their costs, simplify plan administration, and offer employees and retirees a range of benefits to meet their needs." The Full Research Report on Marsh & McLennan Companies, 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/b68a_MMC]
CubeSmart Research Report
On October 11, 2013, CubeSmart announced that it plans to release the Company's Q3 2013 financial results on November 7, 2013. The Company informed that it will host a conference call on November 8, 2013 at 11:00 a.m. E.T.. CubeSmart stated that a live webcast of the conference call will be available on the investor relations page of the Company's website and replay of the same will be available on its website for 30 days after the live webcast. The Full Research Report on CubeSmart - 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/8fdf_CUBE]
W. P. Carey & Co. LLC Research Report
On October 1, 2013, Carey Watermark Investors Incorporated (CWI), a real estate investment trust managed by affiliates of W. P. Carey & Co. LLC, announced that Lake Arrowhead Resort & Spa, which was acquired by CWI in July 2012, has officially joined the Autograph Collection, part of the Marriott International, Inc. global portfolio. The Company stated that the 173-room resort, located in Lake Arrowhead, California, has recently completed a $4.6 million renovation of its guest rooms, suites, public areas, function spaces, recreation facilities and spa. Commenting on the announcement, Michael Medzigian, CEO of CWI, said, "By joining Autograph Collection, Lake Arrowhead Resort & Spa can continue to leverage its name, history, and unique location while simultaneously tapping into the powerful distribution channels of Marriott International; we believe this affiliation positions the property for future success. In combination with the completion of the renovation and our implementation of bottom-line, service-oriented operational improvements, we have achieved a strategic milestone in our plan to maximize the value of this well-known mountain resort." The Full Research Report on W. P. Carey & Co. LLC - 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/3a99_WPC]
AmTrust Financial Services, Inc. Research Report
On October 15, 2013, AmTrust Financial Services, Inc. (AmTrust) announced that it intends to release its Q3 2013 and 9M 2013 financial results on November 5, 2013, at 9:00 a.m. E.T. before the market opens. AmTrust informed that its CEO and President, Barry Zyskind, and CFO, Ron Pipoly, will review the results and discuss business conditions via a conference call and webcast. The Company stated that the call and webcast will be made accessible to interested parties, along with a replay which will be available from 12:00 p.m. E.T. on November 5, 2013, through 11:59 p.m. E.T. on November 12, 2013. The Company also informed that a replay of the webcast can be retrieved from the Company's website. The Full Research Report on AmTrust Financial Services, 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/e570_AFSI]
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