Companies in the Financial Field Announce Financial Results, Expansions, and Earnings Schedules - Research Report on Ocwen, First Niagara, CBL, Northwest Bancshares, and Webster

NEW YORK, July 26, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Ocwen Financial Corp. (NYSE: OCN), First Niagara Financial Group Inc. (NASDAQ: FNFG), CBL & Associates Properties, Inc. (NYSE: CBL), Northwest Bancshares, Inc. (NASDAQ: NWBI), and Webster Financial Corp. (NYSE: WBS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Ocwen Financial Corp. Research Report

On July 23, 2013, Ocwen Financial Corp. (Ocwen) announced that it will host a conference call to discuss the Q2 2013 operating results on August 1, 2013, at 11:00 a.m. ET. The call will follow the Company's Q2 2013 earnings release, which will be available through the Shareholder Relations section on the Company website. Ocwen informed that a live audio webcast and slide presentation for the call will be available on the Company's website. A replay of the conference call will also be available from August 1, 2013, at 12:01 p.m. ET through August 8, 2013. The Full Research Report on Ocwen Financial Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/OCN]

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First Niagara Financial Group Inc. Research Report

On July 19, 2013, First Niagara Financial Group Inc. (First Niagara) reported its financial results for Q2 2013. The Company's GAAP Net income available to common shareholders was $63.6 million or $0.18 per diluted share, an increase compared to $59.7 million or $0.17 per diluted share in Q1 2013. Commenting on the results, Gary Cosby, Interim President and Chief Executive Officer, noted, "We continue to drive profitable organic growth across our entire footprint by diversifying and enhancing revenue sources while managing expenses to achieve real operating leverage. First Niagara's strong business fundamentals are translating into strong financial performance. As we continue our search for a permanent CEO, the entire First Niagara team has not missed a beat and we are all focused on achieving our overall performance goals by expanding and broadening customer relationships for profitable organic growth." The Full Research Report on First Niagara Financial Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/FNFG]

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CBL & Associates Properties, Inc. Research Report

On July 22, 2013, CBL & Associates Properties, Inc. (CBL) announced the addition of Dunham's Sports to the Randolph Mall in Asheboro, NC. CBL informed that the 60,200-square-foot store will be located in the anchor space currently occupied by Dillard's, which closed in late July 2013, and redevelopment construction will begin soon. According to Stephen Lebovitz, President and Chief Executive Officer of CBL, "We are excited to announce the addition of Dunham's Sports. This new location will provide Asheboro and the surrounding areas with a premier sporting goods retailer. This addition represents another step in our ongoing commitment to enhancing Randolph Mall to further its long-term success." The Full Research Report on CBL & Associates Properties, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/CBL]

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Northwest Bancshares, Inc. Research Report

On July 22, 2013, Northwest Bancshares, Inc. (Northwest Bancshares) reported its financial results for Q2 2013. The Company's net income decreased to $13.5 million or $0.15 per diluted share, compared to $16.4 million or $0.17 per diluted share in Q2 2012. Additionally, the Company also announced that its Board of Directors has declared a $0.01 increase in its cash dividend to $0.13 per share payable on August 15, 2013, to shareholders of record as of August 1, 2013. Commenting on the results, William J. Wagner, President and CEO, said, "Although earnings for the quarter are disappointing, they were greatly impacted by several unusual items, including a $1.9 million write-down of a foreclosed property, $1.3 million in ATM replacement expense and a $553,000 decrease in mortgage banking income." The Full Research Report on Northwest Bancshares, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/NWBI]

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Webster Financial Corp. Research Report

On July 22, 2013, Webster Financial Corp. (Webster), the holding company for Webster Bank, reported that Webster Bank has selected Aveksa, Inc., part of RSA, The Security Division of EMC, for its Business Driven Identity and Access Management (IAM) platform. Webster Bank has selected the IAM platform to help secure its enterprise with improved audit readiness, continuous compliance, and ability to make accurate and timely access-related decisions. Commenting on the news, Colin Eccles, Executive Vice President, Chief Information Officer, Webster Bank, said, "As one of the 33 largest banks in the nation, it is essential that we deploy the most sophisticated technology to support our banking services to provide an exceptional banking experience that enables our customers to bank when, where and how they want. We evaluated many Identity and Access Management solutions and selected Aveksa due to the breadth and depth of its functionality. Through our selection of Aveksa, we can rest assured that employee access to mission-critical applications and data is accurate and secure across the enterprise." The Full Research Report on Webster Financial Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-24/WBS]

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SOURCE Investors' Reports