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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]
—
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]
—
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]
—
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]
—
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 Lagarcue
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 Lagarcue 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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