Small Business Grants, Public Offerings, Results Schedule, Quarterly Dividends, and Sale Agreements - Research Report on JPMorgan Chase, Qiwi, Tower, Alexander & Baldwin, and Hersha Hospitality
NEW YORK, October 4, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting JPMorgan Chase & Co. (NYSE:JPM), Qiwi plc (NASDAQ:QIWI), Tower Group Inc. (NASDAQ:TWGP), Alexander & Baldwin, Inc. (NYSE:ALEX), and Hersha Hospitality Trust (NYSE:HT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
JPMorgan Chase & Co. Research Report
On October 1, 2013, JPMorgan Chase & Co. (Chase) announced the launch of Mission Main StreetSM Grants, a program that will award 12 grants of $250,000 to small businesses across America. According to the Company, the program represents Chase's ongoing commitment to help small businesses grow. Donna Vieira, Head of Marketing and Product for Chase Business Banking said, "Small businesses inspire us every day, and Mission Main Street Grants is just one way that Chase can say 'thank you' for all that small businesses do in their local communities and across the country. Chase's commitment to small business is a long term investment through products, services and Mission Main Street Grants, so small businesses can take big steps for their business and community." The Full Research Report on JPMorgan Chase & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4b5b_JPM]
Qiwi plc Research Report
On September 30, 2013, Qiwi plc (Qiwi) announced the pricing of a previously announced underwritten public offering of 8.2 million of its Class B shares in the form of American Depositary Shares (ADSs) by certain of its shareholders at a price to the public of $30.50 per share (offering price). In addition, a 30-day option has been given to the underwriters to purchase up to an additional 1.2 million ADSs from the selling shareholders at the offering price, less underwriting discounts and commissions. Additionally, Qiwi informed that the selling shareholders will receive all of the proceeds from the offering, which is expected to close on or about October 4, 2013, subject to customary closing conditions. The Full Research Report on Qiwi plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0217_QIWI]
Tower Group Inc. Research Report
On September 17, 2013, Tower Group Inc. (Tower) announced that the Company plans to release its Q2 FY 2013 financial results during the week of October 7, 2013. The Company informed that it is continuing to work on its Q2 FY 2013 Form 10-Q and expects to file the report as soon as practical, after it releases its financial results. The Full Research Report on Tower Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7df7_TWGP]
Alexander & Baldwin, Inc. Research Report
On October 1, 2013, Alexander & Baldwin, Inc.'s (Alexander & Baldwin) Board of Directors declared a Q4 2013 dividend of $0.04 cents per share. According to the Company, the dividend is payable on December 5, 2013, to shareholders of record as of the close of business on November 7, 2013. The Full Research Report on Alexander & Baldwin, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b332_ALEX]
Hersha Hospitality Trust Research Report
On September 24, 2013, Hersha Hospitality Trust (Hersha Hospitality) announced that it has entered into a definitive agreement to sell 16 hotels to an affiliate of Blackstone Real Estate Advisors for gross proceeds of $217 million, or approximately $125,000 per key. Commenting on the sale, Hersha Hospitality CEO, Mr. Jay H. Shah stated, "The anticipated sale of these non-core portfolio hotels completes our transformation into a pure play, urban transient portfolio with exposure to some of the highest demand gateway markets in the United States. The sale of these assets will result in material improvement to our RevPAR quality and EBITDA growth potential, and demonstrates our ability to achieve diverse strategic objectives across the Company. We are pleased to have timed our two portfolio sale processes to capitalize on private equity interest in stabilized, select service assets in suburban markets." The Full Research Report on Hersha Hospitality Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b96a_HT]
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