Acquisition Opportunities, Quarterly Results, Annual Meeting of Shareholders, Stock Price Movements, and New Distribution Agreement - Analyst Notes on Apple, Tesla, PMI, Ralph Lauren and PVH
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NEW YORK, May 13, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Apple Inc. (NASDAQ: AAPL), Tesla Motors Inc. (NASDAQ: TSLA), Philip Morris International Inc (NYSE: PM), Ralph Lauren Corp. (NYSE: RL) and PVH Corp. (NYSE: PVH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2382-100free.
Apple Inc. Analyst Notes
On May 9, 2014, Bloomberg reported that Apple Inc. (Apple) is in advance talks to acquire headphone maker and music-streaming service Beats Electronics LLC (Beats) for $3.2 billion. Bloomberg reported that a deal for the Santa Monica, California-based company, which was founded by music-industry executive Jimmy Iovine and hip-hop artist Dr. Dre, would bolster Apple's online music capabilities by giving it ownership of the Beats Music service that started earlier this year. Music is a very important component of Apple's business with iTunes store and the iPod music player. The full analyst notes on Apple are available to download free of charge at:
http://www.analystsreview.com/2382-AAPL-13May2014.pdf
Tesla Motors Inc. Analyst Notes
On May 7, 2014, Tesla Motors Inc. (Tesla) released its Q1 2014 earnings results. The Company reported total quarterly revenues of $620.5 million, up 10.5% YoY. The Company's Q1 2014 net loss came in at $49.8 million, compared to net income of $11.2 million. During the quarter, the Company produced a record 7,535 Model S vehicles for global delivery. For Q2 2014, the Company plans to deliver 7,500 Model S vehicles and produce 8,500 - 9,000 cars, reflecting a growth of 13% to 19% QoQ. On the next day, the stock of the Company plunged 11.30% to end the trading session at $178.59. The full analyst notes on Tesla are available to download free of charge at:
http://www.analystsreview.com/2382-TSLA-13May2014.pdf
Philip Morris International Inc Analyst Notes
On May 7, 2014, Philip Morris International Inc. (PMI) held its 2014 Annual Meeting of Shareholders. The Company's Chairman of the Board, Louis C. Camilleri addressed shareholders and answered questions, while the Company's CEO André Calantzopoulos, gave the business presentation, including an update of dynamics in key markets as well as the principal drivers for growth in 2014 and beyond. The Company has reaffirmed its full-year 2014 diluted EPS forecast to be in a range of $5.09 to $5.19, versus $5.26 in full-year 2013, as previously announced on April 17, 2014. Mr. Calantzopoulos, said, "We remain very confident in our ability to achieve a 6% to 8% growth in currency-neutral adjusted diluted EPS in 2014 as we expect our underlying business performance to deliver stronger second and third quarter adjusted diluted EPS growth rates, ex-currency." The full analyst notes on PMI are available to download free of charge at:
http://www.analystsreview.com/2382-PM-13May2014.pdf
Ralph Lauren Corp. Analyst Notes
On May 8, 2014, the stock of Ralph Lauren Corp. (Ralph Lauren) declined 0.37% to end the trading session at $151.99, following the S&P 500 Index that declined 0.14% over the same day. Ralph Lauren's stock opened the session at $ 152.65 and fluctuated between $151.88 and $156.39. A total of 1.65 million shares were traded during the day. The stock has a 52-week high of $192.03 and a 52-week low of $141.93. The full analyst notes on Ralph Lauren are available to download free of charge at:
http://www.analystsreview.com/2382-RL-13May2014.pdf
PVH Corp. Analyst Notes
On May 8, 2014, PVH Corp.'s (PVH) wholly owned subsidiary Calvin Klein Inc. (Calvin Klein) and American Designer Fashion S.A. (ADF), an affiliated company of American Sportswear S.A., both part of the ASW Group jointly announced that they have entered into a distribution and retail store license agreement for ADF to exclusively distribute Calvin Klein Jeans, Calvin Klein Underwear, and Calvin Klein white label product categories and accessories in Latin America (excluding Brazil and Mexico), as well as several Caribbean countries, and certain duty free rights in Brazil and Mexico. Tom Murry, CEO, Calvin Klein, said, "We look forward to the opportunities this new arrangement brings to expand our businesses in this important growth market." The full analyst notes on PVH are available to download free of charge at:
http://www.analystsreview.com/2382-PVH-13May2014.pdf
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