Acquisitions, Disaster Preparedness, CSR Reports, and Financial Results Releases - Analyst Notes on DIRECTV, Home Depot, Dish Network, CVS Caremark and McKesson
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NEW YORK, May 22, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding DIRECTV, Inc. (NASDAQ: DTV), The Home Depot, Inc. (NYSE: HD), Dish Network Corp. (NASDAQ: DISH), CVS Caremark Corporation (NYSE: CVS) and McKesson Corporation (NYSE: MCK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2787-100free.
DIRECTV, Inc. Analyst Notes
On May 18, 2014, DIRECTV, Inc. (DIRECTV) and AT&T Inc. (AT&T) jointly announced that they have entered into a definitive agreement under which AT&T will acquire DIRECTV in a stock-and-cash transaction for $95 per share, a 10.23% premium over May 16, 2014 closing price of $86.18. The combined entity will be a content distribution leader across mobile, video and broadband platforms, which will position the proposed entity to better meet consumers' future viewing and programming preferences. Commenting on the deal, Mike White, President and CEO of DIRECTV, said, "U.S. consumers will have access to a more competitive bundle; shareholders will benefit from the enhanced value of the combined company; and employees will have the advantage of being part of a stronger, more competitive company, well positioned to meet the evolving video and broadband needs of the 21st century marketplace." The full analyst notes on DIRECTV are available to download free of charge at:
http://www.analystsreview.com/2787-DTV-22May2014.pdf
The Home Depot, Inc. Analyst Notes
On May 15, 2014, The Home Depot, Inc. (Home Depot) announced that the Company is hosting its second annual Hurricane Preparedness Workshops, a one-day effort to prepare residents in storm prone regions. Home Depot will hold workshops at 700 of its stores from the Gulf Coast to New England on May 31, 2014, in preparation for the beginning of hurricane season. The Company stated that the Hurricane Workshops are an important preventive measure in helping residents prepare for the 2014 hurricane season. In addition, the Federal Emergency Management Agency and The Ready Campaign will participate with Home Depot for the Hurricane Workshops for the second year in a row. The full analyst notes on Home Depot are available to download free of charge at:
http://www.analystsreview.com/2787-HD-22May2014.pdf
Dish Network Corp. Analyst Notes
On May 19, 2014, shares of Dish Network Corp. (Dish Network) edged 0.98% lower, to end the day at $59.36. During the trading session, the Company's shares opened at $58.92 and fluctuated in the range of $57.87 - $61.28. Dish Network traded 7.50 million shares during the day, significantly higher than its 30-day average trading volume of 3.04 million shares. On the same day, The Street reported on that AT&T's $48.5 billion deal for DIRECTV to create a major pay-TV and wireless carrier has put pressure on the growth prospects of Dish Network, as the Company was foreseeing acquisition by AT&T or a merger with DIRECTV. Over the past 12 months, shares of Dish Network increased 52.24%, significantly outperforming the NASDAQ Composite, which increased 17.92% during the same time period. The full analyst notes on Dish Network are available to download free of charge at:
http://www.analystsreview.com/2787-DISH-22May2014.pdf
CVS Caremark Corporation Analyst Notes
On May 19, 2014, CVS Caremark Corporation (CVS Caremark) announced that the Company has published its 2013 Corporate Social Responsibility (CSR) Report, which highlights the Company's CSR strategy, its Prescription for a Better World, and its key priorities including building healthy communities, protecting the planet and creating economic opportunities. Prepared in accordance with the Global Reporting Initiative G4 Guidelines, the report provides an update on the Company's progress on its CSR and sustainability initiatives. The report also provides evidence of the Company's core initiatives focused on providing better access to quality, affordable care and improving health outcomes. The full analyst notes on CVS Caremark are available to download free of charge at:
http://www.analystsreview.com/2787-CVS-22May2014.pdf
McKesson Corporation Analyst Notes
On May 12, 2014, McKesson Corporation (McKesson), the healthcare services and information technology Company, reported its financial results for Q4 FY 2014 and FY 2014 (period ended March 31, 2014). During the quarter, the Company posted 25.0% YoY increase in revenues to $38.1 billion and the revenues for FY 2014 were up 12.7% YoY to $137.6 billion. Net income attributable to McKesson for Q4 FY 2014 came in at $371 million, or $1.58 per diluted share, versus $259 million, or $1.10 per diluted share, in Q4 FY 2013. For FY 2014, net income attributable to McKesson declined slightly to $1.26 billion, or $5.41 per diluted share, from $1.34 billion or $5.59 per diluted share, in the prior year period. John H. Hammergren, Chairman and CEO, McKesson, stated, "McKesson expects Adjusted Earnings per diluted share between $10.40 and $10.80 for the fiscal year ending March 31, 2015." The full analyst notes on McKesson are available to download free of charge at:
http://www.analystsreview.com/2787-MCK-22May2014.pdf
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