NEW YORK, July 16, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Wells Fargo & Company (NYSE: WFC), Western Union Co. (NYSE: WU), Qiwi plc (NASDAQ: QIWI), City National Corp. (NYSE: CYN) and Newcastle Investment Corp. (NYSE: NCT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4841-100free.
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Wells Fargo &Company Analyst Notes
On July 10, 2014, Wells Fargo & Company (Wells Fargo) reported the addition of Philippine National Bank (PNB) to its ExpressSend remittance network. According to the Company, PNB will now allow Wells Fargo ExpressSend® customers to send money to family and friends in more than 600 PNB locations in the Philippines. Well Fargo stated that with the expansion it will waive all transfer fees for remittances sent from an eligible account by new and existing ExpressSend customers to beneficiaries at PNB through September 30, 2014. The Company informed that the addition of PNB as a Remittance Network Member increases its ExpressSend payout locations in Philippines to more than 5,700 branches and nearly 6,700 ATMs. Executive Vice President and Head of Wells Fargo's Global Remittance Services, Daniel Ayala, said, " By adding PNB, the 4th largest bank in the Philippines, we are able to expand our payout network, making it easier than ever for customers to support their family and friends in the Philippines." The full analyst notes on Wells Fargo are available to download free of charge at:
http://www.analystsreview.com/Jul-16-2014/WFC/report.pdf
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Western Union Co. AnalystNotes
On July 3, 2014, Western Union Co. (Western Union) announced that it will release its Q2 2014 earnings results on July 31, 2014 at approximately 4 p.m. ET. The Company informed that on the same day at 4:30 p.m. ET it will also conduct a conference call to discuss the results. Western Union stated that the call will be hosted by its President and CEO, Hikmet Ersek along with participation from its Executive Vice President and Interim CFO, Raj Agrawal. The full analyst notes on Western Union are available to download free of charge at:
http://www.analystsreview.com/Jul-16-2014/WU/report.pdf
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Qiwi plc Analyst Notes
On July 10, 2014, Qiwi plc (Qiwi), together with Ural Bank for Reconstruction and Development (UBRD) announced the launch of a large-scale project aimed at attracting new high-quality borrowers to the bank. According to Qiwi, it has signed an agreement with UBRD, under which its QIWI Advertising will bring more than 20 thousands new retail borrowers to the bank in 10 months. The Company added that Qiwi Advertising tools will be used to assess default risk of potential clients, level of their interest in credit offers and forecast probability of timely debt repayment. Commercial Director of QIWI Advertising, Danilo Shevchenko, said, "UBRD is a Top 25 Russian retail bank. Thus we understand that helping UBRD to attract a large number of high-quality borrowers can be an example of game changing technology for the Russian retail loan market as a whole." The full analyst notes on Qiwi are available to download free of charge at:
http://www.analystsreview.com/Jul-16-2014/QIWI/report.pdf
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City NationalCorp. Analyst Notes
On July 2, 2014, City National Corp. (City National) reported that the Company's wholly owned subsidiary, Los Angeles-based City National Bank, has opened an office in the Daytona Beach area and has hired David Pijot as a Senior Vice President and Relationship Manager along with Elaine Cunningham as an Assistant Vice President and Account Manager. According to the Company, both Pijot and Cunningham have experience in the entertainment, sports and motorsports industries and in their new roles will report to Holly Bell, Senior Vice President and Southeast Team Manager for City National's Entertainment Division in Nashville, Tennessee. "A number of our entertainment and entrepreneurial clients are heavily involved in the motorsports industry, which is based here and popular nationwide. We have deep roots in the sports and entertainment industries, and the addition of this very talented team allows us to serve more clients," said Bell. The full analyst notes on City National are available todownload free of charge at:
http://www.analystsreview.com/Jul-16-2014/CYN/report.pdf
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Newcastle Investment Corp. Analyst Notes
On June 30, 2014, Newcastle Investment Corp. (Newcastle) announced that it has completed the acquisition of six senior housing communities, for a purchase price of $186 million, excluding transaction costs. The Company stated that these six rental continuing care retirement communities (CCRCs) are all located in Texas, and consist of a total of 1,265 beds. Newcastle added that together with the acquisition, it has entered into a triple-net master lease agreement with a subsidiary of Lifecare Companies LLC. Under the agreement, the lease has an initial term of 15 years, with two five-year renewal options. The Company stated that the initial cash lease yield is 7.6% with 3.75% increases in years 2nd to 4th and 2.50% in years 5th to 15th. The full analyst notes onNewcastleare available to download free of charge at:
http://www.analystsreview.com/Jul-16-2014/NCT/report.pdf
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