NEW YORK, May 1, 2015 /PRNewswire/ --

Moments ago, Analysts Review released new research updates concerning several important developing situations including Coca-Cola Company (NYSE: KO), Bank of America Corp (NYSE: BAC), ICICI Bank Limited (NYSE: IBN), XL Group plc (NYSE: XL), and Citigroup Inc. (NYSE: C). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA(R) research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.

To access our full PDF reports on a complementary basis, please visit the links below.

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Today's update concerns the following companies:

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Full PDF Download Links (you may have to copy and paste the following links into your browser):

KO Research Report: ( http://get.analystsreview.com/pdf/?c=Coca-Cola&d=01-May-2015&s=KO ),

BAC Research Report: ( http://get.analystsreview.com/pdf/?c=Bank%20of%20America&d=01-May-2015&s=BAC ),

IBN Research Report: ( http://get.analystsreview.com/pdf/?c=ICICI%20Bank&d=01-May-2015&s=IBN ),

XL Research Report: ( http://get.analystsreview.com/pdf/?c=XL%20Group&d=01-May-2015&s=XL ),

C Research Report: ( http://get.analystsreview.com/pdf/?c=Citigroup&d=01-May-2015&s=C ).

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Analyst Update: Strategic Update, Earnings Release,New Offerings, Regulatory Investigations, Updates from AGM

Reviewed by: Rohit Tuli, CFA(R)

U.S. stocks tumbled on Thursday as Fed remained apprehensive about the interest rate outlook amid weaker than expected US first quarter economic data. The NASDAQ Composite was down 1.64%, to finish at 4941.42; the Dow Jones Industrial Average slipped 1.08%, to 17,840.52, and the S&P 500 ended 1.01% lower, at 2,085.51. Most importantly, the NASDAQ biotech index dropped 3.05% on Thursday and was down 8.1% in the past one week, led by disappointing earnings. European stocks gained on Thursday, supported by the strong euro and news of euro bloc's recovery from four consecutive months of deflation. Germany's DAX 30 rose 0.19%; France's CAC 40 jumped 0.14%, and the London's FTSE 100 closed 0.21% higher. Meanwhile, Asian markets mostly disappointed on Thursday. Japan's Nikkei, Australia's S&P ASX and Hong Kong's Hang Seng index all fell on Thursday.

The Coca-Cola Company announced additional steps toward the implementation of a 21st Century Beverage Partnership Model in the United States, pursuant to which, the Company has agreed in principle with three U.S. bottlers - Coca-Cola Bottling Company High Country, Coca-Cola Bottling Company United and Swire Coca-Cola USA, to continue granting new, expanded territories.

Bank of America faces SEC probe over complex lending maneuvers that may have violated consumer protection rules, the Wall Street Journal reported on April 28. According to the report, the investigation adds to the bank's list of regulatory woes, which include faults in the Federal Reserve's stress tests and inquiries into an exotic overseas product used to minimize some clients' tax burdens.

On April 27, 2015, ICICI Bank Ltd. reported that consolidated profit after tax increased to $2.0 billion in FY 2015 from $1.8 billion in FY 2014. Net interest income increased to $3.0 billion in FY2015 from $2.6 billion in FY 2014.

On April 16, XL Group announced that its Environmental insurance business has created a new excess insurance policy providing their clients and brokers in the US and Canada with a simplified solution for buying an additional layer of environmental insurance protection. This new excess insurance form supports a consistent coverage approach between the excess layer and the underlying policy.

As per a report by the Wall Street Journal, Citigroup Inc. shareholders approved the pay packages of the bank's top executives on April 28, 2015. About 84% of investors voted in favor of CEO Michael Corbat's $13 million pay package at the annual shareholder meeting in New York.

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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.

Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA(R). An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

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