New Payroll Cards, Acquisitions, Financing Arrangements, Credit Amendments, and Scholarship Awards - Research Report on CIT, Western Union, Equifax, Sallie Mae, and Fifth Street PR Newswire NEW YORK, July 11, 2013 NEW YORK, July 11, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Wall Street Reports announced new research reports highlighting CIT Group Inc. (NYSE: CIT), The Western Union Company (NYSE: WU), Equifax Inc. (NYSE: EFX), SLM Corp. (NASDAQ: SLM), and Fifth Street Finance Corp. (NASDAQ: FSC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. CIT Group Inc. Research Report On July 1, 2013, CIT Group Inc. (CIT) announced that CIT Transportation Lending provided financing to Lease Corporation International (LCI), to acquire three AgustaWestland 139 helicopters. According to the Company, the aircraft are in offshore oil and gas configuration and are on lease to UK-based Bond Helicopters and Malaysia-based Weststar Aviation. CIT Group stated that CIT Transportation structured and facilitated the transaction, while financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT. Oliver Althoff, Director, CIT Transportation Lending, said, "LCI's vision, execution and product offering positions them well to serve helicopter operators and CIT is happy to provide financing in support of their growth strategy." Terms of the transaction were not disclosed by CIT. The Full Research Report on CIT Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/4d4c_CIT] -- The Western Union Company Research Report On July 3, 2013, The Western Union Company (Western Union) and the Commercial Bank of Dubai (CBD) announced that they will work together to introduce a co-branded prepaid payroll card in the United Arab Emirates (UAE). Western Union expects the CBD Western Union Payroll Card to be available in the summer of 2013. According to the Company, the payroll card follows the introduction of the UAE government-mandated Wages Protection System (WPS), which requires that all workers in the UAE receive their payroll electronically (deposited to a bank account or onto a prepaid card). Jean Claude Farah, Senior Vice President, Middle East and Africa, Western Union, said, "Now, with this new card, workers in the UAE will have yet another convenient way to conduct one of their primary financial transactions - sending money home to their loved ones." Frans Jan Burkens, Head of Consumer Banking at Commercial Bank of Dubai, added, "Once available, the card can be used at participating Western Union Agent locations in the UAE to send funds to more than 515,000 Western Union locations in 200 countries and territories. In the future, workers in the UAE will be able to send funds directly from the card online or with their phones." The Full Research Report on The Western Union Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/17ba_WU] -- Equifax Inc. Research Report On July 8, 2013, Equifax Inc. (Equifax) announced that it has acquired TrustedID, a privately held company which offers products and services to help protect consumers from the threat of identity theft, allowing customers to monitor and manage their online reputation within social media services, and take better control of their offline identity. According to Equifax, TrustedID will become part of Equifax Personal Solutions, the Company's direct-to-consumer business unit offering credit monitoring and identity protection solutions. Trey Loughran, President of Equifax Personal Solutions, said, "TrustedID is a leading provider of identity protection solutions with innovative offerings, a flexible technology platform and strong partner relationships. By combining these capabilities with our operational, product, marketing and data assets, we will continue to enhance and expand our suite of credit and identity solutions to meet consumer needs." Financial terms of the transaction were not disclosed by the Company. The Full Research Report on Equifax Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/7815_EFX] -- SLM Corp. Research Report On July 8, 2013, SLM Corp. (Sallie Mae) announced that Sallie Mae Bank, its wholly owned subsidiary, has awarded a total of $85,000 in scholarships to 23 undergraduate students. According to the Company, the scholarship recipients are pursuing engineering, nursing, respiratory therapy or teaching programs at higher education institutions in six Utah counties. Amy Dalton, a scholarship recipient, said, "Currently, I am preparing to enter my final year of nursing school and because of the assistance of programs such as the Sallie Mae Bank program, I can very realistically see my dreams coming true." Sallie Mae reported that it has awarded nearly $535,000 in scholarship assistance to students attending colleges in Cache, Davis, Salt Lake, Tooele, Utah, and Weber counties, since the beginning of the scholarship program in 2006. The Full Research Report on SLM Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ca13_SLM] -- Fifth Street Finance Corp. Research Report On June 24, 2013, Fifth Street Finance Corp. (Fifth Street) announced that it has improved pricing on its credit facility with Wells Fargo Bank, N.A. (Wells Fargo). According to Fifth Street, the amended facility includes a 0.25% reduction in pricing to LIBOR plus 2.5% per annum, with no LIBOR floor, and greater flexibility on terms and eligible collateral. 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.wsreports.com/r/full_research_report/0a69_FSC] ---- 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. 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New Payroll Cards, Acquisitions, Financing Arrangements, Credit Amendments, and Scholarship Awards - Research Report on CIT,
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