Financial Results, Facility Opening, and Management Changes - Research Reports on Norfolk, Cardinal, CSX, Viacom and Carnival
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NEW YORK, November 4, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Norfolk Southern Corp. (NYSE: NSC), Cardinal Health Inc. (NYSE: CAH), CSX Corporation (NYSE: CSX), Viacom, Inc. (NASDAQ: VIAB) and Carnival Corporation (NYSE: CCL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7672-100free.
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Norfolk Southern Corp. Research Reports
On October 22, 2014, Norfolk Southern Corp. (Norfolk) reported Q3 2014 total railway operating revenues of $3.02 billion, up 7.0% YoY. During the quarter, the Company's coal revenues declined 2.3% YoY due to weak global export market, mild weather and lower natural gas prices in the utility market; general merchandise revenue improved 9.6% YoY driven by volume gains in all markets; and intermodal revenue improved 10.2% YoY, helped by robust growth in both international and domestic markets. The Company's Q3 2014 net income increased to $559 million or $1.79 per diluted share, from $482 million or $1.53 per diluted share in Q3 2013. Analysts polled by Thomson Reuters expected the Company to report Q3 2014 EPS (excluding special items) of $1.83 on revenue of $3.07 billion. The Company reported 9M 2014 total railway operating revenues of $8.8 billion, up 4.7% YoY and net income of $1.5 billion, up 6.6% YoY. The full research reports on Norfolk are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/NSC/report.pdf
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Cardinal Health Inc. Research Reports
On October 30, 2014, Cardinal Health Inc. (Cardinal Health) released its Q1 FY 2015 financial results (period ended September 30, 2014). The Company reported Q1 FY 2015 revenue of $24.1 billion, down 1.8% YoY, beating Thomson Reuters consensus revenue estimate of $22.4 billion. The Company stated that revenue for the Pharmaceutical segment declined 3% YoY due to the expiration of the Walgreens contract in the prior year first quarter, while revenue for the Medical segment rose 5% YoY, driven by strong performance from acquisitions and the positive net impact of customer volume. The Company's Q1 FY 2015 net earnings declined to $266 million or $0.78 per diluted share, from $339 million or $0.99 per diluted share in Q1 FY 2014. The Company's Q1 FY 2015 non-GAAP diluted EPS from continuing operations came in at $1.00, surpassing the average estimate of $0.96 by Thomson Reuters. The Company reaffirmed its FY 2015 outlook for non-GAAP diluted EPS from continuing operations of $4.10 to $4.30. The full research reports on Cardinal are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/CAH/report.pdf
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CSX Corporation Research Reports
On October 16, 2014, CSX Corporation (CSX) reported that along with federal, state and local officials, the Company celebrated the grand opening of the new Central Florida Intermodal Logistics Center (ILC) in Winter Haven. The Company informed that the facility, which began operations earlier this year, provides a centralized hub for transportation, logistics and distribution serving Orlando, Tampa and other regional Florida markets. Further, the 318-acre intermodal terminal has capacity to process up to 300,000 containers a year and is designed for scalable expansion as freight volumes continue to grow. The terminal is equipped with advanced environmentally-friendly technology including three high-powered electric cranes, solar panels and high mast exterior lighting to maximize energy efficiency. The full research reports on CSX are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/CSX/report.pdf
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Viacom, Inc. Research Reports
On October 15, 2014, Viacom, Inc. (Viacom) announced that the Company has promoted Ross Martin to the newly created position of Executive Vice President, Marketing Strategy and Engagement for Viacom Media Networks (a division of Viacom). Martin most recently served as the Executive Vice President of Scratch, Viacom Media Networks' creative consulting team. In his new role, Martin will oversee Viacom Media Networks' corporate research, data, and creative strategy teams. In addition, the Company has appointed Kern Schireson to the newly created position of Executive Vice President, Data Strategy and Consumer Intelligence. In his new role, Kern will oversee the Strategic Insights and Research and Data and Audience Development teams, with a focus on developing new systems and tools for measuring content consumption across platforms. Prior to joining Viacom, Kern was associated with Schireson Associates, a data science and analytics firm. The full research reports on Viacom are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/VIAB/report.pdf
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Carnival Corporation Research Reports
On October 30, 2014, Carnival Corporation (Carnival) reported that Gerry Cahill, President and CEO of Carnival Cruise Lines (a cruise brand of the Company), will retire from the Company, effective November 30, 2014. The Company is yet to decide Cahill's successor. Further, Cahill has agreed to continue in an advisory capacity for an unspecified time to provide advice and counsel to the leadership team through the transition period. "Gerry has been instrumental in taking Carnival Cruise Lines to new heights as one of the preeminent brands in the cruise industry," said Arnold Donald, President and CEO, Carnival. The full research reports on Carnival are available to download free of charge at:
http://www.analystsreview.com/Nov-04-2014/CCL/report.pdf
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