NEW YORK, July 30, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports
highlighting T. Rowe Price Group, Inc. (NASDAQ: TROW), Xoom
Corporation (NASDAQ: XOOM), Prospect Capital Corporation (NASDAQ:
PSEC), NYSE Euronext, Inc. (NYSE:NYX), and Viewpoint Financial
Group (NASDAQ: VPFG). Today's readers may access these reports free
of charge - including full price targets, industry analysis and
analyst ratings - via the links below.
T. Rowe Price Group, Inc. Research
Report
On July 24, 2013, T. Rowe Price
Group, Inc. (T. Rowe) reported its financial results for Q2 2013.
Net revenue increased 15.9% YoY to $854.3
million. Net income was $247.8
million or $0.92 per diluted
share, compared to net income of $206.8
million or $0.79 per diluted
share in Q2 2012. Commenting on the results, James A.C. Kennedy, the Company's Chief
Executive Officer and President, said, "We remain confident about
our positioning and progress. Our overall investment performance
remains very strong, especially in our asset allocation portfolios.
Despite the outflows we have experienced from certain institutional
clients, our ability to win new business and our active pipeline
for new institutional accounts remain in line with previous years.
We continue to work to deepen our investment teams, to maintain our
culture, and to keep our talent. We have also been picking up the
pace of investment in technology and distribution, in order to
increase our capabilities and broaden our distribution reach." The
Full Research Report on T. Rowe Price 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/c441_TROW]
Xoom Corporation Research Report
On July 24, 2013, Xoom Corporation
(Xoom) reported its financial results for Q2 2013. Revenue
increased 59.4% YoY to $33.5 million.
GAAP net income was $4.1million or
$0.11 per diluted share, compared to
net loss of $1.6 million or
$0.32 per diluted share in Q2 2012.
Adjusted EBITDA for Q2 2013 was $6.1
million, compared to a negative adjusted EBITDA of
$0.3 million for Q2 2012. According
to John Kunze, President and Chief
Executive Officer, Xoom, "We are pleased with our solid results
driven by growth across all corridors, including strength from our
India corridor. We believe our
initiatives in providing customers the best-in-class money transfer
service are paying off." The Full Research Report on Xoom
Corporation - 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/d20d_XOOM]
Prospect Capital Corporation Research
Report
On July 12, 2013, Prospect Capital
Corporation (Prospect) announced that it has received a BBB+ rating
with a stable outlook from Kroll Bond Rating Agency (KBRA).
According to Prospect, the BBB+ rating of the Company reflects its
significant position in senior secured debt investments, strong
leverage metrics that are well below the BDC (Business Development
Company) regulatory limits, excellent asset quality performance to
date, and the quality of its credit originations and monitoring.
The Company further added that the rating was based on KBRA's
Finance Company Rating Methodology which was published on
April 1, 2013. Prospect had completed
its Initial Public Offering (IPO) in June
2004. The Full Research Report on Prospect Capital
Corporation - 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/e381_PSEC]
NYSE Euronext, Inc. Research
Report
On July 24, 2013, NYSE Euronext,
Inc. (NYSE Euronext) announced that it has joined the United
Nations' Sustainable Stock Exchanges (SSE) initiative. The
initiative aims to explore how exchanges can work together with
investors, regulators, and companies to enhance corporate
transparency on Environmental, Social and Corporate Governance
(ESG) issues and encourage responsible long-term approaches to
investment. According to Duncan L.
Niederauer, CEO of NYSE Euronext, "As the only carbon
neutral global exchange group, we are proud to join the SSE
initiative and partner with the UN and our industry to support best
practices in corporate governance and transparency related to
corporate sustainability. We lead by example by running our
business in an environmentally responsible manner, and by
leveraging the unique power of our platform and our NYSE Euronext
community, we empower learning and collaboration within the broader
corporate sector." The Full Research Report on NYSE Euronext, 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/801c_NYX]
ViewPoint Financial Group Research
Report
On July 23, 2013, Viewpoint
Financial Group (ViewPoint) reported its financial results for Q2
2013. The Company's net income of $8.2
million, or $0.21 per diluted
share, increased by 25.9% YoY and 1.4% QoQ. Net interest margin
increased by ten basis points to 3.72% compared to 3.62% in Q2
2012. Commenting on the results, President and CEO Kevin Hanigan said, "I am very pleased with our
quarter. Our key ratios (NIM, Efficiency Ratio, ROA, and ROE) are
all appreciably up from the second quarter of 2012, resulting in a
24% earnings per share increase that was fueled by a 38% increase
in commercial loans." The Full Research Report on Viewpoint
Financial Group - 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/dff5_VPFG]
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