Financial Results, Upcoming Earnings, Product Launch, Filing of Form 8-K - Research Reports on United Rentals, United Parcel, CBS, TJX and Grainger
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NEW YORK, October 21, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding United Rentals, Inc. (NYSE: URI), United Parcel Service, Inc. (NYSE: UPS), CBS Corporation (NYSE: CBS), The TJX Companies, Inc. (NYSE: TJX) and W.W. Grainger, Inc. (NYSE: GWW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7329-100free.
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United Rentals, Inc. Research Reports
On October 15, 2014, United Rentals, Inc. (United Rentals) released its Q3 2014 and 9M 2014 financial results. The Company's Q3 2014 total revenues improved 17.8% YoY to $1.54 billion, helped by 15.6% YoY improvement in equipment rentals to $1.3 billion. The Company's Q3 2014 net income came in at $192 million or $1.84 per diluted share, compared to net income of $143 million or $1.35 per diluted share in Q3 2013. Analysts surveyed by Thomson Reuters expected the Company to report Q3 2014 EPS of $2.08 on revenue of $1.51 billion. The Company's 9M 2014 total revenue improved 13.9% YoY to $4.1 billion, while the net income stood at $346 million, up 40.1% YoY. For full-year 2014, the Company expects total revenue to be in a range of $5.55 billion - $5.65 billion. On the following day, on October 16, 2014, the Company's stock surged 6.65% to end the session at $99.64. The full research reports on United Rentals are available to download free of charge at:
http://www.analystsreview.com/Oct-21-2014/URI/report.pdf
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United Parcel Service, Inc. Research Reports
On October 16, 2014, United Parcel Service, Inc. (United Parcel) announced that the Company will report its Q3 2014 financial results on October 24, 2014 at 7:45 a.m. ET. Following the result release, the Company's CEO, David Abney and CFO, Kurt Kuehn will lead an investor conference call at 8:30 a.m. ET. The live webcast of the conference call will be available on United Parcel's official website. According to Bloomberg Businessweek's analysts, the Company is expected to report Q3 2014 EPS (pre-exceptional) of $1.28 on revenue of $14.2 billion. The full research reports on United Parcel are available to download free of charge at:
http://www.analystsreview.com/Oct-21-2014/UPS/report.pdf
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CBS Corporation Research Reports
On October 16, 2014, CBS Corporation (CBS) announced the launch of CBS All Access, a new digital subscription video on demand and Nielsen-measured live streaming service for the CBS Television Network. The Company informed that through CBS All Access, subscribers will gain access to thousands of episodes from the current season, previous seasons and classic shows on demand, as well as the ability to stream local CBS Television stations live in 14 of the largest U.S. markets at launch. The Company has priced the CBS All Access at a monthly package of $5.99 with access to full current seasons of 15 primetime shows with episodes available the day after they air, and access to exclusive additional content for CBS Television's biggest special events, such as THE GRAMMY® AWARDS, THE ACADEMY OF COUNTRY MUSIC AWARDS and THE VICTORIA'S SECRET FASHION SHOW. The full research reports on CBS are available to download free of charge at:
http://www.analystsreview.com/Oct-21-2014/CBS/report.pdf
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The TJX Companies, Inc. Research Reports
On September 19, 2014, The TJX Companies, Inc. (TJX) filed a 8-K report with the Securities and Exchange Commission (SEC) stating that Willow B. Shire, a member of the Company's Board of Directors and Scott Goldenberg, Senior Executive Vice President and CFO of the Company, has entered into trading plans in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, as of August 26, 2014 and September 11, 2014, respectively. The Company informed that options will be exercised and shares will be sold under the plans on the open market over the period of time and according to the other parameters set forth under the applicable trading plan. Further, each plan has a trading period that begins more than 30 days after the agreement date. The full research reports on TJX are available to download free of charge at:
http://www.analystsreview.com/Oct-21-2014/TJX/report.pdf
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W.W. Grainger, Inc. Research Reports
On October 16, 2014, W.W. Grainger, Inc. (Grainger) reported 11.2% YoY growth in its Q3 2014 operating earnings to $385.5 million, helped by driven by sales growth and positive expense leverage, partially offset by lower gross profit margins. The Company's Q3 2014 net sales improved 6.8% YoY to $2.56 billion. The Company's Q3 2014 net earnings attributable to Grainger stood at $230.3 million or $3.30 per diluted share, compared to net earnings of $210.8 million or $2.95 per diluted share in Q3 2013. Analysts polled by Thomson Reuters expected the Company to report EPS of $3.29 on revenue of $2.57 billion, for the quarter. The Company's 9M 2014 net sales improved 5.6% YoY to $7.5 billion, while net earnings attributable to Grainger improved 2.0% YoY to $652.9 million. For full-year 2014, the Company expects sales growth in the range of 5-5.5% and earnings per share in the range of $12.20 - $12.30, excluding the $0.15 per share charge for the Fabory retirement plan transition in Q2 2014. The full research reports on Grainger are available to download free of charge at:
http://www.analystsreview.com/Oct-21-2014/GWW/report.pdf
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