01.10.2013 14:00:00
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New Credit Facility, Appointments, Agreements, Asset Sales and Merger Deals - Research Report on Genworth Financial, MAA, CoStar Group, Colonial Property Trust and Grupo Financiero
NEW YORK, October 1, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Investors' Reports announced new research reports highlighting Genworth Financial Inc. (NYSE: GNW), Mid-America Apartment Communities Inc. (NYSE: MAA), CoStar Group Inc. (NASDAQ: CSGP), Colonial Properties Trust (NYSE: CLP), and Grupo Financiero Galicia S.A. (NASDAQ: GGAL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Genworth Financial Inc. Research Report
On September 26, 2013, Genworth Financial Inc. (Genworth Financial) and its wholly owned subsidiary, Genworth Holdings, Inc. announced that it has entered into a credit agreement that provides the subsidiary with a three-year $300 million, multicurrency revolving credit facility, with a $100 million sublimit for letters of credit. According to the Company, the proceeds of the loans may be used for working capital and general corporate purposes. Commenting on the agreement, Martin P. Klein, Executive Vice President and CFO of the Company said, "We are pleased to have entered into this credit agreement as it represents another milestone in our plan to turn the company around. With access to the credit facility, we have further strengthened our balance sheet and enhanced our financial flexibility." The Full Research Report on Genworth Financial Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/GNW]
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Mid-America Apartment Communities Inc. Research Report
On September 3, 2013, Mid-America Apartment Communities Inc. (MAA) announced the appointment of Robert J. DelPriore as Executive Vice-President and General Counsel of the Company. According to MAA, in his new role, Mr. DelPriore will be responsible for overseeing legal and regulatory matters for the Company, besides, coordinating corporate governance and enterprise risk management activities. Commenting on the appointment, MAA's Chairman and CEO, Eric Bolton said, "We are thrilled to have Rob join our executive management team. Our board and management team have worked with him in his capacity as our outside securities counsel for a number of years. Rob brings a wealth of knowledge and experience, in a wide range of legal and compliance matters, to our company. In joining our management staff he will be in a position to have a more active and hands-on involvement with our expanding operation and strategy development." The Full Research Report on Mid-America Apartment Communities Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/MAA]
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CoStar Group Inc. Research Report
On September 10, 2013, CoStar Group Inc. (CoStar) announced that Transwestern- one of its largest clients, has signed a new national agreement with the Company's information services. According to the Company, the multi-year agreement provides more than 600 Transwestern users in 32 of the CoStar's offices with expanded access to the Company's services and consolidates dozens of separate subscription agreements. The Company further added that some of Transwestern's offices have contracted to upgrade their subscription to CoStar's full suite of information services, including CoStarGo, CoStar's innovative mobile app for the iPad. CoStar Group Founder and CEO, Andrew C. Florence said, "We are extremely pleased and gratified that industry-leading companies such as Transwestern continue to choose CoStar as their primary information partner. We take great pride in supporting our longtime clients' continued growth and success." The Full Research Report on CoStar Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/CSGP]
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Colonial Properties Trust Research Report
On September 18, 2013, Colonial Properties Trust (Colonial Properties Trust) announced that it has settled the sale of its Colonial Promenade Tannehill retail asset in Birmingham, Alabama, for a total sale price of $38.5 million. According to the Company, the Colonial Promenade Tannehill property was unencumbered and sales proceeds of the same were used to repay a portion of the outstanding balance of the Company's unsecured credit facility. The Full Research Report on Colonial Properties Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/CLP]
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Grupo Financiero Galicia S.A. Research Report
On September 10, 2013, Grupo Financiero Galicia S.A. (Grupo Financiero) announced that it has entered into a preliminary merger agreement to implement the merger of Lagarcué S.A. and Theseus S.A. with Grupo Financiero being the surviving company of the merger. According to the Company, once committed, the merger will consolidate to Grupo Financiero´s ownership interest in its principal subsidiary Banco de Galicia y Buenos Aires S.A. (Banco Galicia) by adding c.25.5 million of Class "B" shares of Banco Galicia, representing 4.5% of the total capital stock of Banco Galicia, which are currently owned by Lagarcué S.A. and Theseus S.A. The Company informed that, post the merger, Grupo Financiero stake in Banco Galicia will reach 99.5%. The Full Research Report on Grupo Financiero Galicia S.A. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-26/GGAL]
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SOURCE Investors' Reports
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Aktien in diesem Artikel
CoStar Group Inc. | 71,15 | -4,60% | |
Genworth Financial Inc. | 7,15 | 0,00% | |
Grupo Financiero Galicia S.A. (Spons. ADRs) | 58,50 | -1,68% | |
Mid-America Apartment Communities IncShs | 149,20 | -1,87% |