NEW YORK, June 27, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Bank of America Corporation (NYSE: BAC), Validus Holdings, Ltd. (NYSE: VR), CBS Outdoor Americas Inc. (NYSE: CBSO), The Howard Hughes Corporation (NYSE: HHC) and EverBank Financial Corp. (NYSE: EVER). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4206-100free.
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Bank of America Corporation Analyst Notes
On June 23, 2014, Bank of America Corporation (Bank of America) announced that it has launched Preferred Rewards, a new program to recognize and reward clients for choosing Bank of America for their banking and Merrill Edge for their investment needs. Bank of America's President of Preferred Banking, Dean Athanasia, stated, "Preferred Rewards is the first program of its kind to offer clients benefits and rewards for everyday banking. It is the results of deep client research to develop and deliver a simple program that provides clients benefits and rewards they will actually use, and shows them how much we appreciate it when they choose to do more business with us." The full analyst notes on Bank of America are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/BAC/report.pdf
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Validus Holdings, Ltd. Analyst Notes
On June 23, 2014, Validus Holdings, Ltd. (Validus) announced that it has signed a definitive agreement to acquire Western World Insurance Group, Inc. (Western World). According to the Company, under the terms of the transaction, Western World's owners will receive $690.0 million in cash in exchange for 100% of Western World's outstanding stock. Additionally, Validus stated that it anticipates the transaction to close on or about the end of Q3 2014, subject to the obtaining of required regulatory approvals and the satisfaction of other customary closing conditions. Validus Chairman and CEO, Ed Noonan, said, "I am very pleased to welcome Western World to the Validus Group and am excited about the potential of combining these two companies. Bringing together Validus, a leader in the short-tail insurance and reinsurance market, and Western World, with its excellent U.S. distribution platform, outstanding management and industry leading technology, creates a franchise that will provide compelling products and services for our customers." The full analyst notes on Validus are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/VR/report.pdf
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CBS Outdoor Americas Inc. Analyst Notes
On June 17, 2014, CBS Outdoor Americas Inc. (CBS Outdoor) announced that it has signed a purchase agreement with Windsor Outdoor to acquire in excess of 35 billboard structures with over 70 display faces in Chicago, Illinois and the surrounding metropolitan area. According to the Company, the transaction is expected to close in fall 2014. CBS Outdoor's CEO, Jeremy Male, stated, "We are very excited to announce this tuck-in acquisition of Windsor Outdoor billboards into our portfolio. We believe that the locations of these billboards along the main corridors into and around downtown Chicago and Chicago O'Hare Airport will be complementary to our existing displays in the area, and is consistent with our top-market focus." The full analyst notes on CBS Outdoor are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/CBSO/report.pdf
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The Howard Hughes Corporation Analyst Notes
On June 24, 2014, The Howard Hughes Corporation ,together with its wholly-owned subsidiary, The Woodlands Development Company have joined Whole Foods Market® as it broke ground on the construction of a 40,000 sq. ft. store in Hughes Landing on Lake Woodlands on June 23, 2014. According to the Company, Whole Foods Market will open a new store in Hughes Landing in 2015. Mark Dixon, Regional President for the Company's Southwest Region, said, "The community has been asking for a store in The Woodlands for some time, and we have been working hard to make that happen. We're excited to be able to provide the highest quality natural and organic products in the growing and dynamic community that is The Woodlands." The full analyst notes on The Howard Hughes Corporation are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/HHC/report.pdf
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EverBank Financial Corp. Analyst Notes
On June 24, 2014, EverBank Financial Corp. stock slipped by 0.74%, ending the day at $20.18. In the past six months, the Company stock reflected an increase of 8.90% compared to the Dow Jones Industrial Average which went up by 2.81% during the same period. The full analyst notes on EverBank Financial are available to download free of charge at:
http://www.analystsreview.com/Jun-27-2014/EVER/report.pdf
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