Asset Management and Insurance Companies Advance with Financial Results, Corporate Announcements, and New Appointments - Research Report on Ameriprise, Evercore, Aon, Northern Trust, and StanCorp Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, July 29, 2013 NEW YORK, July 29, 2013 /PRNewswire/ -- Today, Investors' Reports announced new research reports highlighting Ameriprise Financial Inc. (NYSE: AMP), Evercore Partners Inc. (NYSE: EVR), Aon Corporation (NYSE: AON), Northern Trust Corporation (NASDAQ: NTRS), and StanCorp Financial Group Inc. (NYSE: SFG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Ameriprise Financial Inc. Research Report On July 24, 2013, Ameriprise Financial Inc. (Ameriprise) reported its financial results for Q2 2013. Net income was $322 million or $1.54 per diluted share, an increase compared to net income of $224 million or $0.99 per diluted share in Q2 2012. Operating net revenue increased 9% YoY to $2.7 billion. Commenting on the results, Jim Cracchiolo, Chairman and Chief Executive Officer of the Company, said, "Ameriprise delivered another quarter of strong financial results. Revenues and earnings were up nicely; in fact, our operating return on equity reached an all-time high of 17.9 percent. All of our business segments performed well, most notably Advice and Wealth Management. We're experiencing good growth in client acquisition and strong client net inflows, which are key drivers of advisor productivity gains." The Full Research Report on Ameriprise Financial Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/AMP] -- Evercore Partners Inc. Research Report On July 24, 2013, Evercore Partners Inc. (Evercore) reported its financial results for Q2 2013. The Company's U.S. GAAP net revenues were $207.4 million, reflecting an increase of 20.2% YoY and 36.9% QoQ. The Company's net income was $16.4 million or $0.44 per diluted share, compared to net income of $7.9 million or $0.25 per diluted share in Q2 2012 and $6 million or $0.16 per share in Q1 2013. Reflecting on the quarter's performance, Ralph Schlosstein, President and Chief Executive Officer, said, "Our quarterly results reflect the continuing market share gains by our firm, as our independent advisory model is increasingly embraced by corporate leaders, private equity firms, Boards of Directors and large institutional investors. Our net revenues exceeded $200 million for the second time in our history, and this was the second strongest quarter in our history by most important measures." The Full Research Report on Evercore Partners Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/EVR] -- Aon Corporation Research Report On July 24, 2013, Aon Benfield, a global reinsurance intermediary of Aon Corporation, announced that Impact Forecasting, its catastrophe model development center of excellence at Aon Benfield, has issued its mid-year natural disasters analysis which aggregated the key global natural disaster perils data for H1 2013. As per the data, the total economic losses during H1 2013 totaled $85 billion, which is approximately 15% lower compared to the 10-year average of $100 billion, while insured losses for the period reached $20 billion, approximately 20% below the 10-year average of $25 billion. The data also showed that during H1 2013, 24% of global economic losses were covered by insurance, a figure slightly below the 10-year average of 28%, due to multiple significant catastrophe events which occurred in areas where insurance penetration remained low. The Full Research Report on Aon Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/AON] -- Northern Trust Corporation Research Report On July 23, 2013, Northern Trust Corporation (Northern Trust) announced that it has named Michael B. Dowd as the Head of Insurance Accounting Product and Service for the Americas and has brought in Anthony S. Eifrid to lead the investment accounting practice and oversee expansion of middle office services for Northern Trust's insurance practice. According to David J. Sullivan, Insurance Practice Head for Northern Trust in the Americas, "As a full service provider of customized services to insurance companies, we rely on a dedicated team of professionals to help our clients navigate issues from financial pressures and regulatory requirements to an increased focus on risk governance. The depth of experience that Mike Dowd and Tony Eifrid bring, as financial and operations executives for major insurers and professional services firms, will further strengthen the consultative approach we take with our insurance clients." The Full Research Report on Northern Trust Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/NTRS] -- StanCorp Financial Group Inc. Research Report On July 23, 2013, StanCorp Financial Group Inc. (StanCorp) reported its financial results for Q2 2013. Net income was $57.7 million or $1.30 per diluted share, compared to net income of $20 million or $0.45 per diluted share in Q2 2012. Also, after-tax net capital losses were $1.6 million for Q2 2013, compared to $2.5 million for the Q2 2012. Commenting on the news, Greg Ness, Chairman, President and Chief Executive Officer, said, "Our second quarter results continue our strong start to 2013 with solid earnings growth in all of our businesses. I am pleased with the significant improvement in group insurance claims experience, the outstanding results in our Asset Management segment and the reduction in operating expenses as a result of our expense management actions. We remain firmly committed to our growth and profitability initiatives in all of our lines of business." The Full Research Report on StanCorp Financial Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/SFG] ---- 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. If you notice any errors or omissions, please notify us below. 3.This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4.If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5.For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6.Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. InvestorsReports.com SOURCE Investors' Reports Contact: Kristi Saunders, +1-315-982-6420 (North America)
Asset Management and Insurance Companies Advance with Financial Results, Corporate Announcements, and New Appointments -
Press spacebar to pause and continue. Press esc to stop.