Earnings Releases, Strategic Acquisitions, Technology Deployment, Stock Price Movements, and Lab Constructions - Analyst Notes on Con Edison, United Rentals, Boeing, KeyCorp and Charter
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NEW YORK, May 13, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Consolidated Edison Inc. (NYSE: ED), United Rentals, Inc. (NYSE: URI), Boeing Co. (NYSE: BA), KeyCorp (NYSE: KEY) and Charter Communications Inc. (NASDAQ: CHTR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2381-100free.
Consolidated Edison Inc. Analyst Notes
On May 8, 2014, Consolidated Edison, Inc. (Con Edison) reported earnings for Q1 2014. The Company reported net income for common stock of $1.23 per share, up 86.4% YoY. According to Con Edison, earnings from ongoing operations were $1.17 per share in Q1 2014 in comparison to $1.08 per share in Q1 2013. Thomson Reuters' average analysts expected the Company to report profit per share of $1.05 for Q1 2014. The Company also confirmed its previous forecast of EPS from ongoing operations forecast for full-year 2014 in the range of $3.65 to $3.85. The full analyst notes on Con Edison are available to download free of charge at:
http://www.analystsreview.com/2381-ED-13May2014.pdf
United Rentals, Inc. Analyst Notes
On May 6, 2014, United Rentals, Inc. (United Rentals) announced that it has acquired the Power and HVAC assets of Blue-Stream Services, LLC. The Company informed that Blue-Stream Services is a forerunner in equipment rental services in the Gulf region. Paul McDonnell, Senior Vice President, Operations, United Rentals, commented, "The Blue-Stream acquisition expands the footprint of our Power and HVAC specialty rental operations in the Gulf, and deepens our presence in attractive end markets. This is a high-margin business with an experienced team and strong customer relationships. It offers significant cross-selling opportunities with our broader network." On May 8, the stock closed at $92.89 down 0.48% and since May 6, 2014, the stock has fallen 0.58%. The full analyst notes on United Rentals are available to download free of charge at:
http://www.analystsreview.com/2381-URI-13May2014.pdf
Boeing Co. Analyst Notes
On May 5, 2014, Boeing Co. (Boeing) announced that Xiamen Airlines has selected Boeing's Airplane Health Management (AHM) system to boost efficacy in its maintenance and engineering processes. Boeing informed that the agreement contains implementation of AHM for the current Xiamen Airlines fleet of 94 Next-Generation 737s and six 787 Dreamliners on order. Boeing stated that Xiamen Airlines will use AHM to collect and evaluate airplane operations data while the airplane is flying and this real-time data will be used to indicate ground operations crews of any problems before the plane lands, which in turn would reduce flight schedule disturbances and maintenance related lags. The full analyst notes on Boeing are available to download free of charge at:
http://www.analystsreview.com/2381-BA-13May2014.pdf
KeyCorp Analyst Notes
On May 8, 2014, stock of KeyCorp (KeyCorp) closed at $13.58, down 0.29%. The broader index NYSE Composite closed at $10,610.65, ending the trading session 0.15% down. The Company's stock opened at $13.59 and oscillated in the range $13.48 and $13.75. The trading volume of the KeyCorp's stock rose to 12.19 million shares, above the previous trading volume of 8.68 million. In the last three months, KeyCorp's stock has gained 6.59%. The full analyst notes on KeyCorp are available to download free of charge at:
http://www.analystsreview.com/2381-KEY-13May2014.pdf
Charter Communications Inc. Analyst Notes
On April 29, 2014, Charter Communications, Inc. (Charter) announced commencement of construction on the Charter Technology and Engineering Center (CTEC). The Company informed that the CTEC will house its Advanced Engineering teams, a large testing lab and resources from the Product, IT, Network Operations and Care teams required to move Charter's projects through the development lifecycle. Jay Rolls, Senior Vice President & Chief Technology Officer, Charter, said, "Charter is pleased to build our lab in Colorado, a state with a long and impressive history in the cable industry. Taking technical innovations from concept to customer involves a great deal of integration and testing. Having a state-of-the-art facility will allow Charter to expedite that process and give us an even higher degree of confidence in successfully rolling out amazing new innovations." On May 8, 2014, Charter's stock closed at $137.41, down 1.51% over its previous day's closing price. The full analyst notes on Charter are available to download free of charge at:
http://www.analystsreview.com/2381-CHTR-13May2014.pdf
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