Companies Announce Dividends, Sustainable Partnerships, and Showcase New Technologies - Analyst Notes on Church & Dwight, AGCO, Avery Dennison, VeriFone and Xylem
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NEW YORK, May 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Church & Dwight Co., Inc. (NYSE: CHD), AGCO Corporation (NYSE: AGCO), Avery Dennison Corp (NYSE: AVY), VeriFone Systems Inc (NYSE: PAY) and Xylem Inc (NYSE: XYL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2199-100free.
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Church & Dwight Co., Inc. Analyst Notes
On May 1, 2014, the Board of Directors of Church & Dwight Co., Inc. (Church & Dwight) reported a regular quarterly dividend of $0.31 per share - marking the Company's 453rd regular consecutive quarterly dividend. Church & Dwight informed that its stockholders of record on May 12, 2014 will be paid the dividends on June 2, 2014. The full analyst notes on Church & Dwight are available to download free of charge at:
http://www.analystsreview.com/2199-CHD-08May2014.pdf
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AGCO Corporation Analyst Notes
On April 29, 2014, AGCO Corporation (AGCO) reported its Q1 2014 results with net sales of $2.3 billion, down 2.9% YoY. In Q1 2014, the Company's North American sales grew 5.2% YoY. According to AGCO, the elevated levels of farm income in 2013 continued to support industry demand in Q1 2014 led by the dairy, protein and professional hay segments. However, South American net sales dropped 9.3% YoY primarily due to lower sales in Brazil, and sales in Asia/Pacific region also declined 16.6% YoY due to lower sales and increased market development costs in China. The Company said that EAME sales (excluding currency translation impacts) remained flat despite softer market conditions. AGCO's net income for the quarter stood at $99.2 million, compared with $117.1 million in Q1 2013. Martin Richenhagen, Chairman, President and CEO of the Company, said, "We are focusing our efforts on increasing productivity and reducing material costs throughout our operations to offset these market headwinds. We also demonstrated our commitment to return cash to stockholders by making meaningful progress with the $500 million share repurchase program announced in December of 2013." The full analyst notes on AGCO are available to download free of charge at:
http://www.analystsreview.com/2199-AGCO-08May2014.pdf
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Avery Dennison Corp Analyst Notes
On May 5, 2014, Avery Dennison Corp (Avery Dennison) announced a $200,000 grant to the Rainforest Alliance to foster best practices in forestry management, create jobs and increase access to sustainably-managed forest products. The Company detailed that the grant will help in the following manner: promote best practices in forestry management in line with Forest Stewardship Council certification to approximately 80,000 hectares (or 188,000 acres) of land in Brus Laguna, Honduras; diversify the timber value chain and increase access to new markets for farmers; and create new jobs and strengthen organizational and business capacities of community forest enterprises. Dean Scarborough, Chairman, President and CEO of Avery Dennison stated, "As a leader in labeling and packaging, we're in a unique position to move our industry toward sustainably sourced materials, and that includes investing in the communities that manage natural resources. By working with the Rainforest Alliance, we can improve the livelihoods of farmers and their families while creating economic dividends for the entire value chain." The full analyst notes on Avery Dennison are available to download free of charge at:
http://www.analystsreview.com/2199-AVY-08May2014.pdf
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VeriFone Systems Inc Analyst Notes
On May 1, 2014, VeriFone Systems Inc. (VeriFone) announced that it has scheduled to release its Q2 FY 2014 results on June 5, 2014 after market close. The results will be followed by a conference call that will be hosted by the Company's management at 1:30 p.m. PT on the same day. The full analyst notes on VeriFone are available to download free of charge at:
http://www.analystsreview.com/2199-PAY-08May2014.pdf
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Xylem Inc Analyst Notes
On May 5, 2014, Xylem Inc (Xylem) announced that it will showcase new and innovative water and wastewater solutions at the IFAT trade show - the world's leading trade show for water, sewage, and raw materials management - in Munich, Germany in the ongoing week. "The breadth and depth of Xylem's expertise in water and wastewater solutions and how we can solve complex water challenges sets us apart in the industry, and many of our capabilities will be on display at IFAT," said André Dhawan, president of Xylem Europe, the Middle East, India and Africa (EMEIA). "We will also unveil some exciting new technologies at the show, including smart additions to our monitoring and control portfolio specifically designed for water and wastewater facilities." The full analyst notes on Xylem are available to download free of charge at:
http://www.analystsreview.com/2199-XYL-08May2014.pdf
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