Divestiture and Asset Sale Agreements, Market Activity, and Earnings Schedule - Research Reports on MGM Resorts, Discovery, Thermo Fisher, BD and GE
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NEW YORK, September 12, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding MGM Resorts International (NYSE: MGM), Discovery Communications, Inc. (NASDAQ: DISCA), Thermo Fisher Scientific, Inc. (NYSE: TMO), Becton, Dickinson and Company (NYSE: BDX) and General Electric Company (NYSE: GE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6453-100free.
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MGM Resorts International Research Reports
On September 5, 2014, MGM Resorts International (MGM Resorts) issued a press release stating that it has entered into an agreement to sell the historic Railroad Pass Hotel & Casino to First Federal Realty of Henderson, Nevada (First Federal Realty). According to the release, First Federal Realty plans to retain all employees of Railroad Pass Hotel & Casino with Curt Thompson continuing as the Executive Director. The Company did not disclose the terms of the sale and said that the closing date remains contingent upon regulatory approvals and other customary closing conditions. The full research reports on MGM Resorts are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/MGM/report.pdf
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Discovery Communications, Inc. Research Reports
On August 27, 2014, Discovery Communications, Inc. (Discovery Communications) announced that it will report its Q3 2014 financial results on November 4, 2014, at 7:00 a.m. ET. The Company will also host a conference call at 8:30 a.m. ET to discuss the results. The full research reports on Discovery are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/DISCA/report.pdf
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Thermo Fisher Scientific, Inc. Research Reports
On September 9, 2014, shares in Thermo Fisher Scientific, Inc. (Thermo Fisher) declined 0.78% to close the trading session at $124.00, following the S&P 500 index that declined 0.65% over the same trading session. Shares in Thermo Fisher opened the session at $124.78 and fluctuated between intra-day low of $123.78 and intra-day high of $124.95, with 1.40 million shares changing hands. The stock has a 52-week high of $127.63 and a 52-week low of $89.71. Over the past one month, the stock has returned 2.34%, in line with the S&P 500 that returned 2.94% over the same period of time. The full research reports on Thermo Fisher are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/TMO/report.pdf
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Becton, Dickinson and Company Research Reports
On September 9, 2014, Becton, Dickinson and Co.'s (BD) stock ended the session 0.36% higher at $115.55, partially reversing the loss of previous trading session. BD's stock opened the session at $115.22 and oscillated in the range of $114.53 - $115.75. The stock has a 52-week high of $120.66 and a 52-week low of $98.30. The Company stock has surged 4.58% on YTD basis, as compared to Dow Jones Industrial Average that gained 2.64% over the same period of time. The full research reports on BD are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/BDX/report.pdf
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General Electric Company Research Reports
On September 8, 2014, General Electric Company (GE) announced that the Company has signed a definitive agreement to sell its Appliances business to Electrolux for a total consideration of $3.3 billion. As per the agreement, Electrolux will continue use of the GE Appliances brand. Both GE and Electrolux expect the transaction to close in 2015, which has been approved by their respective Boards. The transaction values GE Appliances at 8.0x EBITDA LTM. "This transaction is consistent with our strategy to be the world's best infrastructure and technology company," said GE Chairman and CEO Jeff Immelt. "We are creating a new type of industrial company, one with a balanced, competitively positioned portfolio of infrastructure businesses with strong advantages in technology, growth markets, driving customer outcomes, and a culture of simplification." The full research reports on GE are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/GE/report.pdf
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