Business Collaborations, Earnings Releases, Dividend Declarations, Upcoming Conferences, Leadership Changes, and Strategic Alliances - Analyst Notes on GE, Emerson, PulteGroup, PNC and Regions
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NEW YORK, May 15, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding General Electric Company (NYSE: GE), Emerson Electric Co. (NYSE: EMR), PulteGroup, Inc. (NYSE: PHM), PNC Financial Services Group Inc. (NYSE: PNC) and Regions Financial Corporation (NYSE: RF). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2498-100free.
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General Electric Company Analyst Notes
On May 12, 2014, General Electric Company (GE) announced that GE Oil & Gas and Devon Energy have entered into a new technology collaboration agreement (TCA). The agreement aims to drive innovations that will improve the performance and economics of unconventional oil and natural gas projects with the increasing demand for energy. As per GE, the alliance will focus on artificial lift, advanced drilling technologies and water treatment innovations. The new agreement was announced at the groundbreaking ceremony for GE's new Oil & Gas Technology Center in Oklahoma City where both companies will work to accelerate the development and testing of products. Lorenzo Simonelli, President and CEO of GE Oil & Gas, said, "Our new TCA with Devon builds on years of collaboration with the goal of helping unconventional projects reach new levels of efficiency and production capacity." The full analyst notes on GE are available to download free of charge at:
http://www.analystsreview.com/2498-GE-15May2014.pdf
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Emerson Electric Co. Analyst Notes
On May 6, 2014, Emerson Electric Co. (Emerson) announced financial results for Q2 FY 2014 (period ended March 31, 2014). Sales for Q2 FY 2014 totaled $6.0 billion, down 2.5% YoY. Net earnings available to common shareholders came in at $547 million, or 77 cents per diluted share, versus $561 million or 77 cents per diluted share in Q2 FY 2013. Commenting on the financial results, David N. Farr, Chairman and CEO, said "The second quarter results reflect several unanticipated external factors, including unusual weather and weaker business investment in the U.S., and a more cautious approach by customers on large global project execution." Emerson's outlook remains unchanged as the Company expects underlying sales growth of 3% - 5% for full year 2014. The Company also declared a regular quarterly cash dividend of $0.43 per share of common stock, payable June 10, 2014 to stockholders of record May 16, 2014. The full analyst notes on Emerson are available to download free of charge at:
http://www.analystsreview.com/2498-EMR-15May2014.pdf
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PulteGroup, Inc. Analyst Notes
On May 7, 2014, PulteGroup, Inc. (PulteGroup), announced that the Company's Board of Directors has declared a quarterly cash dividend of $0.05 per common share. According to PulteGroup, the quarterly cash dividend will be payable July 2, 2014, to shareholders of record at the close of business on June 19, 2014. PulteGroup is amongst the largest homebuilding companies of America with operations in nearly 50 markets throughout the country with a brand portfolio of Centex, Pulte Homes, Del Webb and DiVosta Homes. The full analyst notes on PulteGroup are available to download free of charge at:
http://www.analystsreview.com/2498-PHM-15May2014.pdf
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PNC Financial Services Group Inc. Analyst Notes
On May 8, 2014, PNC Financial Services Group, Inc. (PNC) announced that William S. Demchak, Chairman, President and CEO, will discuss business performance, strategy and banking at the Deutsche Bank Global Financial Services Investor Conference in New York City at 9:30 a.m. ET on May 28, 2014. In a separate press release dated May 6, 2014, PNC announced that Vicki C. Henn will replace Joan L. Gulley as Chief Human Resources Officer. Henn's appointment will be effective with Gulley's retirement on June 30, 2014. Currently, Henn serves as the Senior Human Resources Business Partner for Retail Banking. The full analyst notes on PNC are available to download free of charge at:
http://www.analystsreview.com/2498-PNC-15May2014.pdf
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Regions Financial Corporation Analyst Notes
On May 5, 2014, Regions Financial Corporation (Regions) and ESPN announced that Regions, will continue its 21-year position as the Official Bank of the SEC and is also the latest sponsor of the soon-to-be-launched SEC Network. According to Regions, its position also includes category exclusivity at all SEC Championship events throughout the year. The partnership also provides Regions with intellectual property rights and category exclusivity in retail banking for all marketing and promotional activities involving the SEC. Regions informed that the six-year deal includes Regions' continuing sponsorship of the popular Regions Bank SEC Coaches Luncheon, which is held annually in conjunction with the SEC Football Championship in Atlanta. The full analyst notes on Regions are available to download free of charge at:
http://www.analystsreview.com/2498-RF-15May2014.pdf
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