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Financial Services Get a Boost with Strong Financial Results, and Prestigious Awards and Recognitions - Research Report on Citi, CME Group, Schwab, TD Ameritrade, and HDFC Bank

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


News provided by

Investors' Reports

Jul 18, 2013, 08:00 ET

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NEW YORK, July 18, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Citigroup, Inc. (NYSE: C), CME Group Inc. (NASDAQ: CME), The Charles Schwab Corporation (NYSE: SCHW), TD Ameritrade Holding Corporation (NYSE: AMTD), and HDFC Bank Ltd. (NYSE: HDB). 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 July 15, 2013, Citigroup, Inc. (Citi) released its financial results for Q2 2013. The Company reported revenues of $20.5 billion, with net income of $4.2 billion or $1.34 earning per diluted share, (or $1.25 excluding Credit Valuation Adjustments and Debt Valuation Adjustments), up from Q2 2012 revenues of $18.4 billion, with net income of $2.9 billion, or $0.95 earnings per diluted share. According to Michael Corbat, Chief Executive Officer of Citi, "We reduced the earnings drag caused by Citi Holdings, where we saw the largest percentage reduction of assets since 2010. We again consumed a modest amount of DTA, bringing the total utilized to about $1.3 billion for the first half of the year. We increased our already strong capital levels, reaching an estimated Basel III Tier 1 Common ratio of 10%. Generating consistent and quality earnings is a key priority and this quarter met that goal." 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.investorsreports.com/report/2013-07-16/C]

--

CME Group Inc. Research Report

On July 10, 2013, CME Group Inc. (CME Group) announced that it was awarded Derivative Intelligence's 2013 Global Derivatives Award for Exchange of the Year. According to the Company, winners were chosen based on a number of factors, including innovation, market impact, performance, client feedback and uniqueness of approach. Commenting on the recognition, Terry Duffy, CME Group Executive Chairman and President, stated, "We are honored to receive this award from Derivatives Intelligence. If there is one thing we have all learned through this financial crisis, it is the importance of effective risk management." The Full Research Report on CME Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-16/CME]

--

The Charles Schwab Corporation Research Report

On July 12, 2013, The Charles Schwab Corporation (Schwab) announced that it has scheduled a Business Update for institutional investors on July 26, 2013, from approximately 8:30 a.m. to 12:45 p.m. PT or 11:30 a.m. to 3:45 p.m. ET. The Company also reported that the participants include members of the Company's Executive Management, who will host this program to help the investment community stay abreast with recent developments and management's strategic focus. In other news dated, July 11, 2013, the Company reported that the registered investment advisors (RIAs) continued to set the pace for growth in the industry in 2012, based on the results from the Schwab Advisor Services annual RIA Benchmarking Study. According to Jonathan Beatty, Senior Vice President, Sales and Relationship Management, Schwab Advisor Services, "Several factors are helping to support industry health and growth including steady investment performance across all firms. We're also seeing that quality client service and an emphasis on relationships remain key drivers for client retention and of overall RIA growth and success." The Full Research Report on The Charles Schwab Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-16/SCHW]

--

TD Ameritrade Holding Corporation Research Report

On July 9, 2013, TD Ameritrade Holding Corporation (TD Ameritrade) announced that it will hold a conference call to discuss the Company's Q3 FY 2013 results and related matters on July 23, 2013, at 8:30 a.m. EDT or 7:30 a.m. CDT. In other news dated July 8, 2013, the Company revealed the Investor Movement Index (IMX) reading for June 2013. The IMX is a proprietary, behavior-based index created by TD Ameritrade that aggregates Main Street investor positions and activity to measure what investors are actually doing and how they are positioned in the markets. Nicole Sherrod, Managing Director of TD Ameritrade's Trade Group, stated, "It's interesting to see the IMX bounce in June as investors led the recent S&P 500 dip. This indicates that investors got the pullback they anticipated and in response there were days in June when our clients were heavy buyers, dialing up their equity market exposure." The Full Research Report on TD Ameritrade Holding Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-16/AMTD]

--

HDFC Bank Ltd. Research Report

On July 7, 2013, HDFC Bank Ltd. (HDFC Bank) reported that it has been voted as the Best Bank in Asia on the list of Best Investor Relations Companies, conducted by global magazine Institutional Investor. In addition, the survey ranked HDFC Bank 3rd on the list of Best Companies in India. About 1,500 respondents of the survey also recognized HDFC's top management, Mr. Aditya Puri, MD, HDFC Bank, was voted as the Best CEO in Asia in the Banking Sector. In other news dated July 1, 2013, the Company announced that Jet Airways has enhanced its partnership with HDFC Bank by launching India's first Premium Debit Card. According to HDFC bank, the new card, the JetPrivilege-HDFC Bank World Debit Card, will allow users to earn JPMiles on all daily purchases in stores on online, in addition to purchases on Jet Airways. The Full Research Report on HDFC Bank Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-16/HDB]

----

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].
  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 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.

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.

SOURCE Investors' Reports

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