Direction of Market Influences - New Coverage of Oil-Dri, OM Group, Owens-Illinois, Packaging Corporation of America and Penske Automotive

NEW YORK, December 22, 2014 /PRNewswire/ --

Moments ago, Analysts Review released new research updates concerning several important developing situations including Oil-Dri (NYSE: ODC), OM Group (NYSE: OMG), Owens-Illinois (NYSE: OI), Packaging Corporation of America (NYSE: PKG), and Penske Automotive (NYSE: PAG). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.

To access our full PDF reports on a complementary basis, please visit the links below.

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Today's update concerns the following companies:

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Full PDF Download Links (you may have to copy and paste the following links into your browser):

ODC Research Report: ( http://get.analystsreview.com/pdf/?c=Oil-Dri&d=22-Dec-2014&s=ODC ),

OMG Research Report: ( http://get.analystsreview.com/pdf/?c=OM%20Group&d=22-Dec-2014&s=OMG ),

OI Research Report: ( http://get.analystsreview.com/pdf/?c=Owens-Illinois&d=22-Dec-2014&s=OI ),

PKG Research Report: ( http://get.analystsreview.com/pdf/?c=Packaging%20Corporation%20of%20America&d=22-Dec-2014&s=PKG ),

PAG Research Report: ( http://get.analystsreview.com/pdf/?c=Penske%20Automotive&d=22-Dec-2014&s=PAG ).

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Analyst Update: Dividends Declaration, Quarterly Earnings, Acquisitions and Partnership Updates

Reviewed by: Rohit Tuli, CFA®  

The U.S. markets extended their gains for a third session on Friday with the S&P 500 adding up its second best week in almost two years. The Dow Jones Industrial Average finished at 17,804.80, up 0.15%, the NASDAQ Composite edged 0.36% higher at 4,765.38, and the S&P 500 advanced 0.46% to close the session at 2,070.65. The rally in the U.S. stocks was fueled by the Federal Reserve's assurance on Wednesday to take a patient approach towards raising interest rates, which calmed the investors over the policy outlook. On the other hand, the European markets ended Friday's session on a mixed note as Italian banking and healthcare stocks weighed down the wider benchmarks. The Asian markets extended the previous day's gain on Friday and ended on a positive note boosted by the momentum on Wall Street following the reassurance from Federal Reserve that interest rates would be hiked no sooner than mid-2015.

Oil-Dri Corporation of America (Oil-Dri) declared quarterly cash dividends of $0.20 per share of the Company's Common Stock and $0.15 per share of the Company's Class B Stock, payable in Q3 FY 2015, on March 6, 2015, to stockholders of record at the close of business on February 20, 2015.

OM Group, Inc. (OM Group) has successfully completed its previously-announced acquisition of Ener-Tek International, Inc., operating under the brand name Yardney Technical Products. The Group funded the $24 million acquisition price through existing cash balances.

Owens-Illinois, Inc. (Owens-Illinois) announced the completion of its 50-50 joint venture formation with Constellation Brands to own and operate a glass container production plant in Nava, Mexico, which it recently purchased from Anheuser-Busch InBev. The plant will operate under the name IVC and make bottles exclusively for Constellation's adjacent brewery.

Packaging Corporation of America's (Packaging Corporation of America) board has approved a regular quarterly dividend of $0.40 per share on its common stock. The dividend will be paid to shareholders of record as of December 19, 2014 with a payment date of January 15, 2015. Previously, on October 20, 2014, the Company announced financial results of Q3 2014, wherein it posted net sales of $1.5 billion in Q3 2014, up 79.7% YoY.

Penske Automotive Group, Inc. (Penske Automotive) completed the acquisition of a majority stake in The Around the Clock Freightliner Group (ATC), a heavy- and medium-duty truck dealership group located in Texas, Oklahoma and New Mexico, subsequent to which the Company now owns approximately 91% of ATC.

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About Analysts Review  

At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.

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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.

Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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