|By PR Newswire||
|August 20, 2014 09:30 AM EDT||
NEW YORK, August 20, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding United Parcel Service, Inc. (NYSE: UPS), CBS Corporation (NYSE: CBS), Hertz Global Holdings, Inc. (NYSE: HTZ), Dillard's Inc. (NYSE: DDS) and Motorola Solutions, Inc. (NYSE: MSI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5858-100free.
United Parcel Service, Inc. Research Reports
On August 8, 2014, United Parcel Service, Inc. (UPS) announced that its Board of Directors has named John T. Stankey, the Group President and Chief Strategy Officer for AT&T, as a UPS Company Director with immediate effect. As per UPS, Stankey will serve on the Nominating and Corporate Governance Committee. Subsequent to his appointment, the UPS Board comprises 14 Directors. UPS informed that Stankey will also stand for election to a regular one-year term at UPS's Annual Shareholders' Meeting in May 2015. "John brings to the UPS Board a broad knowledge as a senior executive at one of the world's largest technology companies," said Scott Davis, UPS Chairman and CEO. The full research reports on UPS are available to download free of charge at:
CBS Corporation Research Reports
On August 11, 2014, CBS Corporation (CBS) and Tribune Broadcasting announced a comprehensive, long-term agreement that renews their existing affiliation agreements and gives CBS a new home in the Indianapolis market on Tribune Broadcasting's WTTV. Under the agreement, CBS affiliate in the Indianapolis area will move from LIN Media's WISH-TV (Channel 8) and begin broadcasting on WTTV (Channel 4) on January 1, 2015. "There's nothing more valuable to a local station than programming from the #1 television network, and Tribune Broadcasting has been a great partner in reaching this agreement," said Ray Hopkins, President, Television Networks Distribution, CBS. The agreement also includes early renewals for four Tribune Media-owned CBS affiliates: WREG-TV in Memphis, Tennessee; WHNT-TV in Huntsville, Alabama; KFSM-TV in Ft. Smith, Arkansas, as well as a renewal for WTVR-TV in Richmond, Virginia. The full research reports on CBS are available to download free of charge at:
Hertz Global Holdings, Inc. Research Reports
On August 12, 2014, Hertz Global Holdings, Inc. (Hertz) announced the launch of Hertz NeverLost Companion - a unique travel destination application among major car rental companies. According to the Company, the app, which is developed by Navigation Solutions, facilitates integrated trip planning and navigation, giving travelers the ability to browse millions of U.S. destinations and plan trips on their mobile devices, then directly sync with the in-car Hertz NeverLost GPS system. Commenting on the launch, Hertz Chairman and CEO, Mark P. Frissora said, "Whether searching for restaurants, hotels, gas stations or local events, the app provides users with access to more than 10 million destinations in the U.S. We are putting our advanced technology in travelers' hands to create even more exciting, memorable trips." The full research reports on Hertz are available to download free of charge at:
Dillard's Inc. Research Reports
On August 15, 2014, Dillard's Inc. (Dillard's) announced its Q2 FY 2014 financial results (period ended August 2, 2014). The Company's net income for the quarter stood at $34.5 million, or $0.80 per share, compared to net income of $36.5 million, or $0.79 per share, in Q2 FY 2013. Dillard's reported net sales for Q2 FY 2014 of $1.48 billion, down 0.4% YoY. On average, analysts polled by Thomson Reuters expected the Company's EPS at $0.86 on revenue of $1.53 billion. The Arkansas-based, fashion apparel, cosmetics and home furnishing retailer said that while sales in juniors' and children's apparel were strong, sales in the home and furniture category were weak during the quarter. Comparable stores sales increased 1% for the quarter. Dillard's CEO William T. Dillard, II, stated, "Although our 1% comparable store sales increase led to a profitable quarter, we are somewhat disappointed in the bottom line performance." The full research reports on Dillard's are available to download free of charge at:
Motorola Solutions, Inc. Research Reports
On August 12, 2014, Motorola Solutions, Inc. (MSI) announced that it has issued a notice to redeem all of its $400 million outstanding 6.0% Senior Notes due November 15, 2017. MSI informed that the notes will be redeemed in full on September 11, 2014 at a redemption price based on the yield to maturity of the U.S. Treasury securities with a coupon of 4.25% due November 15, 2017, plus a fixed spread of 30 basis points. The redemption price will be determined at 5 p.m. EDT on September 8, 2014. MSI intends to fund the redemption using a portion of the proceeds expected from offering of its $1.4 billion aggregate principal amount of 3.500% Senior Notes due 2021, 4.000% Senior Notes due 2024 and 5.500% Senior Notes due 2044. The full research reports on MSI are available to download free of charge at:
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