Financial Results, Technology Addition at Stores, and New Contracts - Research Reports on Thermo Fisher, 3M, Masco, Walgreens and Cognizant Technology
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NEW YORK, October 31, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Thermo Fisher Scientific, Inc. (NYSE: TMO), 3M Company (NYSE: MMM), Masco Corporation (NYSE: MAS), Walgreen Co (NYSE: WAG) and Cognizant Technology Solutions Corporation (NASDAQ: CTSH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7614-100free.
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Thermo Fisher Scientific, Inc. Research Reports
On October 22, 2014, Thermo Fisher Scientific, Inc. (Thermo Fisher) announced its Q3 FY 2014 financial results (period ended September 27, 2014). Revenue grew 30.7% YoY to $4.2 billion. Adjusted EPS was reported at $1.71 versus $1.30 in Q3 2013. "We're pleased to extend our long track record of consistently delivering strong adjusted EPS growth," said Marc N. Casper, President and CEO of Thermo Fisher. For FY 2014, the Company expects revenue to range from $16.74 billion to $16.82 billion versus its prior guidance of $16.86 billion to $16.98 billion. Thermo Fisher also expects its FY 2014 adjusted EPS to range from $6.87 to $6.95. The full research reports on Thermo Fisher are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/TMO/report.pdf
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3M Company Research Reports
On October 23, 2014, 3M Company (3M) announced its Q3 2014 financial results with net sales of $8.1 billion versus $7.9 billion in Q3 2013. Net income stood at $1.3 billion or $1.98 per diluted share compared with $1.2 billion or $1.78 per diluted share in Q3 2013. Inge G. Thulin, 3M's Chairman, President and CEO said, "This was another strong quarter for 3M. The 3M team once again delivered broad-based organic growth with operating margins exceeding 22 percent in all businesses. As we look forward, our focus will remain on actively managing the portfolio and strategically investing in the business to continue delivering profitable growth across the company. 3M remains on track to deliver its long-term financial objectives." 3M updated its guidance for FY 2014 and now anticipates earnings in the range of $7.40 to $7.50 per share versus a prior expectation of $7.30 to $7.55. The full research reports on 3M are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/MMM/report.pdf
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Masco Corporation Research Reports
On October 27, 2014, Masco Corporation (Masco) announced its Q3 2014 earnings results. Net sales were reported at $2.2 billion, up 3.8% YoY. Net Income stood at $543 million or $1.51 per diluted share, compared to $109 million or $0.30 per diluted share in Q3 2013. Masco's President and CEO Keith Allman said, "The positive trends we saw in the second quarter continued in the third with particular strength in our Plumbing wholesale channel, ongoing growth in all channels of our Installation segment, and solid momentum in our North American and international window businesses." He added, "We are committed to continuously improving our operating performance and, despite a slower than anticipated housing recovery, our long-term outlook remains positive." The full research reports on Masco are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/MAS/report.pdf
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Walgreen Co Research Reports
On October 20, 2014, Walgreen Co (Walgreens) announced the availability of Apple Pay at Walgreens and Duane Reade drugstores nationwide. According to the Company, Apple Pay makes the check-out process for customers convenient and simplified. The Company informed that security and privacy is the main feature of Apple Pay, and when a user adds a credit or debit card with Apple Pay, the actual card numbers are neither stored on the device nor on Apple servers, instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on the device. "Customer experience is top of mind for Walgreens, and Apple Pay provides more flexibility for customers to use their payment of choice," said Alex Gourlay, President, Customer Experience and Daily Living, Walgreens. Walgreens stated that Apple Pay works with iPhone 6, iPhone 6 Plus and the upcoming Apple Watch in more than 8,200 Walgreens and Duane Reade drugstores. The full research reports on Walgreens are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/WAG/report.pdf
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Cognizant Technology Solutions Corporation Research Reports
On October 24, 2014, Cognizant Technology Solutions Corporation (Cognizant Technology) announced that it has been selected by the Vorwerk Group (Vorwerk) to transform Vorwerk's IT infrastructure and provide application services. Cognizant Technology informed that through this transition, Vorwerk will be able to standardize and centralize its IT environment to a higher degree while reducing costs. The Company informed that it will provide Vorwerk with integrated service management, data center, network and application management services as part of the six-year engagement. Cognizant will further deliver end-user computing services and field services as well as manage a new service desk, providing help to Vorwerk's employees in a variety of languages. Reiner Strecker, Managing Partner at Vorwerk said, "As an expanding business, customer orientation and time-to-market are top priorities for us. We chose Cognizant as our strategic partner because of the company's ability to understand our needs and provide the best support to meet them." The full research reports on Cognizant Technology are available to download free of charge at:
http://www.analystsreview.com/Oct-31-2014/CTSH/report.pdf
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