Factors Moving Markets: Comprehensive Report on Oxford Industries, Pepsico, Performance Sports, Philip Morris, and Pinnacle Foods
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, January 6, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Oxford Industries (NYSE: OXM), Pepsico (NYSE: PEP), Performance Sports (NYSE: PSG), Philip Morris (NYSE: PM), and Pinnacle Foods (NYSE: PF). 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):
OXM Research Report: ( http://get.analystsreview.com/pdf/?c=Oxford%20Industries&d=06-Jan-2015&s=OXM ),
PEPResearch Report: ( http://get.analystsreview.com/pdf/?c=Pepsico&d=06-Jan-2015&s=PEP ),
PSGResearch Report: ( http://get.analystsreview.com/pdf/?c=Performance%20Sports&d=06-Jan-2015&s=PSG ),
PM Research Report: ( http://get.analystsreview.com/pdf/?c=Philip%20Morris&d=06-Jan-2015&s=PM ),
PF Research Report: ( http://get.analystsreview.com/pdf/?c=Pinnacle%20Foods&d=06-Jan-2015&s=PF ).
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Analyst Update: Financial Results, Sponsorship, Collaboration, Dividends, and Changes in Board of Directors
Reviewed by: Rohit Tuli, CFA®
The US markets rattled on Monday and ended the day in red amid an indiscriminate sell-off triggered by a renewed plunge in crude oil prices which plummeted below $50 a barrel. The Dow Jones Industrial Average crushed 1.86%, to finish the day at 17,501.65. NASDAQ Composite edged 1.57% lower to 4,652.57 while S&P 500 suffered its largest one-day decline in three months, closing at 2,020.58, down 1.83%. The European markets also ended on a negative note as concerns over a potential Greek exit of the Eurozone continued to weigh on sentiment. Weakness in the Euro further dented investor confidence as the currency dropped to a 9-year low against the dollar on expectations of fresh European Central Bank stimulus. The Chinese shares however maintained their bullish tone on hopes of fresh measures from the government to kickstart the economy. Overall, the Asian markets finished the day on a mixed note.
Oxford Industries, Inc. (Oxford Industries) posted Q3 FY 2014 consolidated net sales of $219.5 million, up by 11.1% YoY, mainly driven by net sales growth at Tommy Bahama, Lilly Pulitzer and Lanier Clothes. The Company has also approved a cash dividend of $0.21 per share, payable on January 30, 2015 to shareholders of record as of the close of business on January 16, 2015.
A division of Pepsico, Inc. (Pepsico), PepsiCo Americas Beverages, announced that it will sponsor the Marcus Graham Project's iCR8 boot camp 2015, a summer-long experiential learning program offering aspiring advertising and marketing leaders with an opportunity to gain the necessary exposure and experience to solidify careers within the industry.
A subsidiary of Performance Sports Group Ltd. (Performance Sports), Performance Lacrosse Group Inc., has reached an agreement with the National Operating Committee on Standards for Athletic Equipment (NOCSAE) on a solution for the recently decertified Cascade R helmet.
The Board of Directors of Philip Morris International Inc. (Philip Morris) declared a regular quarterly dividend of $1.00 per common share, payable on January 9, 2015, to stockholders of record as of December 24, 2014. Additionally, the Company informed about the resignation of Louis C. Camilleri, Chairman of the Board, effective December 31, 2014.
Consistent with NYSE governance requirements for non-controlled companies, Pinnacle Foods Inc. (Pinnacle Foods) announced changes to its Board of Directors, including the election of a new independent director and modifications to its Board committee composition.
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About Analysts Review
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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.
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