Exclusive Content, Board Changes, Community Program, New Offering, and Acquisition - Research Report on Netflix, JCPenney, Lowe's, Nordstrom, and GNC
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NEW YORK, October 18, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Netflix, Inc. (NASDAQ: NFLX), J.C. Penney Company, Inc. (NYSE: JCP), Lowe's Companies Inc. (NYSE: LOW), Nordstrom Inc. (NYSE: JWN), and GNC Holdings Inc. (NYSE: GNC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Netflix, Inc. Research Report
On October 14, 2013, Netflix, Inc. (Netflix) announced that it has ordered a new psychological thriller series from "Damages" creators Todd A. Kessler, Daniel Zelman, and Glenn Kessler ("KZK"). Netflix revealed that the series centers on a family of adult siblings whose secrets and scars are revealed when their black sheep brother returns home. According to Netflix, this 13-episode first season, from Sony Pictures Television, will premiere exclusively for Netflix members to watch instantly in all Netflix territories. Cindy Holland, Vice President of Original Content for Netflix, commented, "We were spellbound after hearing Todd, Glenn and Daniel's pitch, and knew Netflix was the perfect home for this suspenseful family drama that is going to have viewers on the edge of their seats." Holland added, "Their work on 'Damages' was truly ahead of its time and we're proud to be bringing our viewers this upcoming series." The Full Research Report on Netflix, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/c1c4_NFLX]
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J.C. Penney Company, Inc. Research Report
On October 9, 2013, J.C. Penney Company, Inc. (JCPenney) announced the election of Stephen I. Sadove to its Board of Directors. JCPenney reported that Sadove is currently Chairman and CEO of Saks Incorporated (Saks), and he will be leaving Saks upon the completion of its previously announced merger with Hudson's Bay Company, and his election to JCPenney's board will be effective immediately after the conclusion of his service with Saks. The Company also announced that Geraldine B. Laybourne will be stepping down from the Board of Directors, and her departure will enable her to focus more time as chairman of KANDU, a startup consumer technology company for kids. The Full Research Report on J.C. Penney Company, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/500f_JCP]
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Lowe's Companies Inc. Research Report
On October 4, 2013, Lowe's Companies Inc. (Lowe's) reported that the Lowe's Charitable and Educational Foundation has awarded a $500,000 grant to the First Response Team of America, a nonprofit organization dedicated to working alongside local agencies to help save lives in the wake of destruction. Tad Agoglia, Founder of the First Response Team, said, "When an entire community loses everything they have in just the blink of an eye, it's difficult for residents to know where to start." Agoglia continued, "In those crucial hours, days and weeks after a disaster, Lowe's Heroes and the First Response Team are there with a unique set of equipment and volunteers. With Lowe's support, we help communities take their first steps toward recovery and rebuilding." The Full Research Report on Lowe's Companies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/b4cd_LOW]
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Nordstrom Inc. Research Report
On October 9, 2013, Nordstrom Inc. (Nordstrom) and Me to We announced that it will be the first US retailer to offer the latter's Artisans collection of original jewelry hand-crafted by Maasai Mamas living in Kenya. According to Nordstrom, select styles will be available in 10 Nordstrom stores and at Nordstrom.com. The Company reported that Me to We items also support Free The Children, its charity partner, which works locally to educate, engage, and empower youth in making a difference in their own communities and internationally to remove the barriers to education and end the cycle of poverty. Roxanne Joyal, Founder of Me to We Artisans, stated, "Together, we leverage the artistic ingenuity of their traditional Maasai beadwork and style pieces into collections that are on-trend with the current and evolving fashion markets. We are grateful to be partnering with Nordstrom, working together to provide young customers with purchasing options that truly make a difference." The Full Research Report on Nordstrom Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/7e7a_JWN]
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GNC Holdings Inc. Research Report
On October 2, 2013, GNC Holdings Inc. (GNC) announced that it has successfully acquired A1 Sports Limited (d/b/a Discount Supplements), the leading multi-brand sports nutrition e-commerce retailer in the UK. GNC, however, did not report the terms of the transaction, but disclosed that the acquisition was funded with cash on hand. GNC stated that GNC.com, LuckyVitamin.com, and discount-supplements.co.uk will continue to operate as separate businesses, after the completion of the acquisition, and each will have its own product offerings and target customers. Joe Fortunato, GNC's Chairman, President, and CEO, commented, "Entering the UK and other key European and Scandinavian markets are core elements of our strategic plan to expand GNC's global reach. With this acquisition, we are well positioned to capitalize on the fastest growing channel in Europe's top market." Fortunato added, "We would like to welcome founder and Executive Chairman Stuart Harris along with key members of his management team who have agreed to participate in the continued growth of the business." The Full Research Report on GNC Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/54b0_GNC]
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