Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,390.94 -33.91 -0.21%
S&P 500 1,859.44 -2.87 -0.15%
NASDAQ 4,089.40 3.18 0.08%
Ticker Volume Price Price Delta
STOXX 50 3,148.26 9.00 0.29%
FTSE 100 6,613.97 29.80 0.45%
DAX 9,374.71 56.89 0.61%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

Senior Notes Offerings, Partnerships, Expansion of Services, and Appointments - Research Report on Bank of America, Citigroup,



Senior Notes Offerings, Partnerships, Expansion of Services, and Appointments
    - Research Report on Bank of America, Citigroup, Wells Fargo, PNC, and
                                   SunTrust

PR Newswire

NEW YORK, August 20, 2013

NEW YORK, August 20, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Bank of
America Corporation (NYSE: BAC), Citigroup, Inc. (NYSE: C), Wells Fargo &
Company (NYSE: WFC), The PNC Financial Services Group, Inc. (NYSE: PNC), and
SunTrust Banks, Inc. (NYSE: STI). Today's readers may access these reports
free of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

Bank of America Corporation Research Report

On August 15, 2013, Bank of America Corporation (Bank of America) and its
wholly-owned subsidiaries, Merrill Lynch & Co., Inc. and BAC Canada Finance
Company, announced the expiration of their offers to purchase for up to
approximately $2.9 billion cash 11 series of their respective senior notes
which are scheduled to mature in 2014. The Company stated that approximately
$6.2 billion in aggregate principal amount of the Notes had been validly
tendered and not withdrawn as of the expiration date on August 14, 2013 at
11:59 p.m., New York City time. The Full Research Report on Bank of America
Corporation - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-08-15/BAC]

--

Citigroup, Inc. Research Report

On August 14, 2013, Citigroup, Inc. (Citigroup) announced that it has
initiated an offer to purchase for cash certain of its seven series of
outstanding notes. Citigroup reported that the notes have an aggregate
principal amount outstanding of approximately $11.5 billion as of August 13,
2013. According to the Company, the offers, which totals to $3.07 billion, are
consistent with its liability management strategy, and reflect its ongoing
efforts to enhance the efficiency of its funding and capital structure. The
Full Research Report on Citigroup, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.InvestorsReports.com/report/2013-08-15/C]

--

Wells Fargo & Company Research Report

On August 7, 2013, Wells Fargo & Company (Wells Fargo) announced its new
partnership with American Express. Wells Fargo stated that it will begin
issuing new credit cards which will be accepted on the American Express
network, and the new cards will be available in the marketplace across the
nation by mid-2014. John Stumpf, Chairman and CEO of Wells Fargo, said, "We
are delivering on our strategy to expand our credit card business." Stumpf
explained, "Our goal is to offer Wells Fargo customers a suite of cards that
help them meet their financial goals. We're proud to have American Express as
a partner in this effort - a great company with a proven brand for customer
service." The Full Research Report on Wells Fargo & Company - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.InvestorsReports.com/report/2013-08-15/WFC]

--

The PNC Financial Services Group, Inc. Research Report

On August 15, 2013, The PNC Financial Services Group, Inc. (PNC) announced the
addition of Andrew Feldstein to its Board of Directors, with immediate effect.
James E. Rohr, Executive Chairman of PNC, commented, "Mr. Feldstein brings a
reputation for innovation and additional risk management expertise to the
Board. His vision and experience should benefit PNC as we seek to grow our
business and further strengthen our balance sheet." According to PNC,  Mr.
Feldstein is also the co-founder, chief executive officer and chief investment
officer of BlueMountain Capital Management, LLC (BlueMountain), and prior to
founding BlueMountain in 2003, he  worked as managing director and head of
Structured Credit, head of High Yield Sales, Trading & Research and head of
Global Credit Portfolio for JPMorgan. The Full Research Report on The PNC
Financial Services Group, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-08-15/PNC]

--

SunTrust Banks, Inc. Research Report

On August 14, 2013, SunTrust Banks, Inc. (SunTrust) and BCSG jointly announced
that it has started offering its small business clients the wide range of
tools and services available through BCSG's Business Hub and CreditHQ online
tools. According to the Companies, Business Hub is a package of the most
important tools a small business owner needs to run their business and through
it customers can access leading online accounting software, a website builder,
a business planning tool legal document creator and a data backup and sharing
application. The Company further stated that CreditHQ is an online credit
management tool to help small businesses avoid late payment and bad debt by
checking and monitoring businesses to whom they extend payment terms.  Beverly
Ladley, Retail Products and Consumer Lending Executive for SunTrust, stated,
"Working with BCSG, we identified the most common areas where business owners
could use assistance, and have packaged solutions to help them gain an edge in
running their businesses more effectively and efficiently. Business Hub and
CreditHQ add another differentiator for the bank's value proposition to small
businesses and help strengthen our client relationships." The Full Research
Report on SunTrust Banks, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-08-15/STI]

----

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.

SOURCE Investors' Reports

Contact: Kristi Saunders CONTACT PHONE: +1-315-982-6420 (North America)
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement