NEW YORK, September 24, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Visa Inc. (NYSE: V), MasterCard Incorporated (NYSE: MA), American Express Company (NYSE: AXP), Fifth Street Finance Corp. (NASDAQ: FSC), and SLM Corporation (NASDAQ: SLM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Visa Inc. Research Report
On September 19, 2013, Visa Inc. (Visa) announced that Hotwire and V.me by Visa will together make it easier to purchase last minute travel deals. According to Visa, busy travelers can search and book hotels at big discounts using Hotwire and securely purchasing their selections through V.me. The Company reported that travel ranks as one of the most popular categories for eCommerce with an estimated 7 out of 10 travelers who booked their vacations entirely online in 2012. The Full Research Report on Visa Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-20/V]
MasterCard Incorporated Research Report
On September 17, 2013, MasterCard Incorporated (MasterCard) announced that its Board of Directors has declared a quarterly cash dividend of $0.60 per Class A and Class B common share. MasterCard reported that the cash dividend is payable on November 8, 2013 to shareholders of record as of October 9, 2013. The Full Research Report on MasterCard Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-20/MA]
American Express Company Research Report
On September 10, 2013, American Express Company (American Express) announced that it has reached an agreement with Time Inc., under which Time Inc. has agreed to acquire American Express Publishing Corporation. John Hayes, Chief Marketing Officer of American Express, stated, "Under Ed Kelly's leadership, American Express Publishing has done extraordinary work with great skill, passion and accomplishment. While the company has outperformed its peers by creating editorial products of exceptional quality, banking regulations limit our ability to engage in non-financial activities. We concluded that Time Inc. is the ideal partner to continue the group's tradition of excellence, and we expect to work closely with them on a range of marketing initiatives in the future." The Company expects to complete the transaction during Q4 2013, subject to customary closing conditions. The Full Research Report on American Express Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-20/AXP]
Fifth Street Finance Corp. Research Report
On September 19, 2013, Fifth Street Finance Corp. (Fifth Street) announced the public offering price of $10.31 per share for 15.5 million shares of its common stock. According to the Company, the total gross proceeds of $159.8 million will be used to repay debt outstanding under its credit facilities. Fifth Street further reported that through re-borrowing under its credit facilities, it intends to make investments in small and mid-sized companies in accordance with its investment objective and strategies described in the prospectus supplement and accompanying prospectus and may use such funds for general corporate purposes. The Company expects to close the offering on September 26, 2013. The Full Research Report on Fifth Street Finance Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-20/FSC]
SLM Corporation Research Report
On September 17, 2013, SLM Corporation (Sallie Mae) announced that it helped 2.1 million past-due customers to return their education loan accounts to good standing, during the past academic year. Sallie Mae reported that its effort helped prevent $41 billion in federal and private education loan defaults. John (Jack) F. Remondi, President and CEO, Sallie Mae, commented, "Our goal is to assist our millions of customers to successfully manage their loans, which will help them build and benefit from a good credit record." Remondi added, "We recognize the challenges facing new graduates and work with our customers to understand their individual circumstances and help them navigate the transition to repayment." The Full Research Report on SLM Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-20/SLM]
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