Acquisitions, Branch Opening, Promotions, and Dividends - Analyst Notes on Ulta Beauty, Genuine Parts, KAR Auction, HSNi and Applied
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NEW YORK, June 25, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA), Genuine Parts Company (NYSE: GPC), KAR Auction Services (NYSE: KAR), HSN, Inc. (NASDAQ: HSNI) and Applied Industrial Technologies (NYSE: AIT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4091-100free.
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Ulta Salon, Cosmetics & Fragrance, Inc. Analyst Notes
On June 20, 2014, Ulta Salon, Cosmetics & Fragrance, Inc.'s (Ulta Beauty) stock declined 0.03%, ending the day $95.00. Over the previous three trading sessions, shares of the Company increased 0.38%, compared with Nasdaq Composite, which also increased 0.71% during the same trading period. The full analyst notes on Ulta Beauty are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/ULTA/report.pdf
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Genuine Parts Company Analyst Notes
On June 17, 2014, Genuine Parts Company (Genuine Parts) announced that the Company's Office Products Group -S. P. Richards Company, has entered into a definitive agreement to acquire Impact Products, LLC (Impact). The Company informed that the transaction is expected to close on July 1, 2014 and is contingent upon satisfaction of customary closing conditions and receipt of applicable regulatory approvals. The Company expects approximately $85 million in annual revenues from the acquired business. Tom Gallagher, Chairman and CEO of Genuine Parts Company, said, "The addition of Impact Products better positions S.P. Richards for future growth. This new business serves to further diversify S.P. Richards' product offering and is complementary to our Garland C. Norris acquisition completed earlier in the year. We are pleased to welcome this fine organization to the S. P. Richards and GPC family." The full analyst notes on Genuine Parts are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/GPC/report.pdf
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KAR Auction Services Analyst Notes
On June 18, 2014, Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (KAR Auction), announced the official grand opening of a new branch, called Denver East, in Commerce City, Colorado on July 1, 2014.The Company stated that located at 8510 Brighton Road in Commerce City , the new branch is expected to enhance IAA's presence in the Denver market and provide customers in the surrounding regions with more options and efficient service at auction. According to the Company, the new facility also offers greater convenience and additional services to customers in the Denver area and supports continued growth in the marketplace. The Company informed that the new facility was constructed to include a number of environmentally friendly attributes, including LED lighting, enhanced insulation materials, and use of recycled asphalt for the surface, fly ash for the base material, and recycled concrete for the rock base. The full analyst notes on KAR Auction are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/KAR/report.pdf
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HSN, Inc. Analyst Notes
On June 10, 2014, HSN, Inc. (HSNi) announced the promotion of Maria Martinez to the position of Chief Human Resources Officer, with immediate effect. The Company stated that under her new role, Ms.Martinez will provide leadership in executing human resources strategies in support of the Company's business objectives. Further, she will have specific responsibility for talent acquisition and assessment, succession planning, leadership development, employee engagement, performance management, total rewards, and wellness programs. HSNi informed that Ms. Martinez has more than twenty years of experience in strategic planning, organizational development and team building. Mindy Grossman, CEO, HSNi, said, "Maria has developed and spearheaded a number of internal initiatives that have supported our strategic objectives and made an impact across the HSNi portfolio of brands. She is innovative and results-oriented and her proven track record as a leader and expertise in human resources makes her the perfect candidate for this position." The full analyst notes on HSNi are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/HSNI/report.pdf
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Applied Industrial Technologies Analyst Notes
On June 19, 2014, Applied Industrial Technologies (Applied) announced that the Company's Board of Directors has declared a quarterly cash dividend of $0.25 per common share. According to the Company, the dividend is payable on August 29, 2014, to shareholders of record at the close of business on August 15, 2014. In addition, the Company announced that its Annual Meeting of Shareholders is scheduled on October 28, 2014 at 10:00 a.m. at Applied's Corporate Headquarters. The Company stated that the record date for determining shareholders who are entitled to notice of and to vote at the Annual Meeting is August 29, 2014. The full analyst notes on Applied are available to download free of charge at:
http://www.analystsreview.com/Jun-25-2014/AIT/report.pdf
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