Share Repurchases, Agreements, Public Offering, and Partnerships - Analyst Notes on MetLife, Morgan Stanley, Allstate, Vornado and Doral Financial

NEW YORK, June 13, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding MetLife, Inc. (NYSE: MET), Morgan Stanley (NYSE: MS), The Allstate Corporation (NYSE: ALL), Vornado Realty Trust (NYSE: VNO) and Doral Financial Corp. (NYSE: DRL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3703-100free.

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MetLife, Inc. Analyst Notes
On June 10, 2014, MetLife, Inc. (MetLife) announced that the Company will resume share repurchases and intends to repurchase up to $1 billion in MetLife common stock. According to the Company, it will use existing authorizations from the Board of Directors for repurchasing MetLife common stock. Steven A. Kandarian, Chairman, President and CEO, commented, "Our philosophy is that excess capital belongs to our shareholders. The challenge is to strike the right balance between adherence to our philosophy and recognition that MetLife's required capital levels remain unknown if we are designated a non-bank systemically important financial institution, or SIFI, under the Dodd-Frank Act. We anticipated that the non-bank SIFI capital rules would be known by now, but recent statements by the Federal Reserve suggest that we may not see draft rules until 2015." The full analyst notes on MetLife are available to download free of charge at:

http://www.analystsreview.com/Jun-13-2014/MET/report.pdf

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Morgan Stanley Analyst Notes
On June 9, 2014, Morgan Stanley announced that it has entered a definitive agreement to sell its ownership stake in TransMontaigne Inc. to NGL Energy Partners LP. According to the Company, the sale includes Morgan Stanley's General Partner and Limited Partner interests in TransMontaigne Partners LP, as well as related physical inventory and the assumption of Morgan Stanley's obligations under certain terminal storage contracts. Commenting on the stake sale, Colm Kelleher, President of Institutional Securities, stated, "Following this transaction, Morgan Stanley's leading commodities division will be leaner, more client focused and better aligned with the rest of the Firm's businesses. We are excited about its future prospects and look forward to continuing to service the supply and risk management needs of our clients across the oil, power and gas, and metals sectors." Morgan Stanley expects the transaction to close in Q3 2014. The full analyst notes on Morgan Stanley are available to download free of charge at:

http://www.analystsreview.com/Jun-13-2014/MS/report.pdf

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The Allstate Corporation Analyst Notes
On June 9, 2014, The Allstate Corporation (Allstate) reported that the Allstate Foundation has partnered with Northwestern University's Kellogg Center for Nonprofit Management to start on a program called Greater Good to develop the next generation of nonprofit leaders. According to the Company, 16 nonprofit leaders with more than 10 years of experience each in the nonprofit sector joined the program that commenced at Northwestern University's Chicago campus with a three-day development and training session. Vicky Dinges, Allstate Senior Vice President of Corporate Responsibility, stated, "The Allstate Foundation firmly believes serving the nonprofit sector is not merely about making grants to organizations, but taking a holistic approach to create impact. By providing Allstate volunteers, board members, strategic counsel and opportunities like this one; we hope to positively affect our community partners and the people they serve." The full analyst notes on Allstate are available to download free of charge at:

http://www.analystsreview.com/Jun-13-2014/ALL/report.pdf

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Vornado Realty Trust Analyst Notes
On June 9, 2014, Vornado Realty Trust (Vornado) announced that Vornado Realty L.P., the operating partnership through which Vornado conducts its business, has priced an offering of $450 million aggregate principal amount of 2.50% senior unsecured notes due June 30, 2019. The Company informed that the offering is expected to close on June 16, 2014, subject to customary closing conditions. According to Vornado, the notes were priced at c.99.62% of their face amount to yield c.2.58%, with interests payable semi-annually on June 30 and December 30, commencing December 30, 2014. Additionally, the Company stated that net proceeds from the offering of approximately $445 million will be used to fund Eligible Green Projects. The full analyst notes on Vornado are available to download free of charge at:

http://www.analystsreview.com/Jun-13-2014/VNO/report.pdf

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Doral Financial Corp. Analyst Notes
On June 10, 2014, Doral Financial Corp.'s (Doral Financial) stock went up by 21.38%, closing at $4.94. However, for the past six month trading period, Company's stock went down by 70.21% compared to the S&P 500 which went up by 8.22% during the same trading period. The Street reported on June 10, 2014 that the stock rallied that day after Puerto Rico's supreme court intervened in the Company's case against its home government, which Doral Financial claims owes it $229.9 million in overpaid taxes. According to The Street, Puerto Rico's supreme court ordered a lower court to expedite the process and issue judgment on the lawsuit by June 26, 2014. The full analyst notes on Doral Financial are available to download free of charge at:

http://www.analystsreview.com/Jun-13-2014/DRL/report.pdf

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