Identifying Opportunity: New Reports on Regal Beloit, Rock-Tenn, A.O. Smith, Sonic Automotive and Sonoco
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 23, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Regal Beloit (NYSE: RBC), Rock-Tenn (NYSE: RKT), A.O. Smith (NYSE: AOS), Sonic Automotive (NYSE: SAH), and Sonoco (NYSE: SON). 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.
--
Today's update concerns the following companies:
============
Full PDF Download Links (you may have to copy and paste the following links into your browser):
RBC Research Report: (http://get.analystsreview.com/pdf/?c=Regal%20Beloit&d=23-Dec-2014&s=RBC ),
RKT Research Report: (http://get.analystsreview.com/pdf/?c=Rock-Tenn&d=23-Dec-2014&s=RKT ),
AOS Research Report: http://get.analystsreview.com/pdf/?c=A.O.%20Smith&d=23-Dec-2014&s=AOS ),
SAH Research Report: ( http://get.analystsreview.com/pdf/?c=Sonic%20Automotive&d=23-Dec-2014&s=SAH ),
SON Research Report: ( http://get.analystsreview.com/pdf/?c=Sonoco&d=23-Dec-2014&s=SON ).
============
--
Analyst Update: Acquisitions,Quarterly Results, and Recognitions
Reviewed by: Rohit Tuli, CFA®
The U.S. stock market on Monday booked its fourth straight day of gains as S&P 500 and Dow Jones Industrial Average (DJIA) closed at new records. The rally in U.S. markets was fueled by continued hopes that the Federal Reserve wouldn't be in a rush to raise interest rates. The S&P 500 gained 0.38%, DJIA advanced 0.87%, and the Nasdaq moved up 0.34% at the close of the session. The European markets also ended the day in green, rising for the fifth session in a row, with Greek shares boosted by the Prime Minister's offer to bring pro-European independents into the government. The Asian stocks were mostly higher on Monday as steadiness in crude oil prices and the Russian ruble, along with the Federal Reserve's indication that it will take a slow approach to raising interest rates, lifted the market sentiments.
Regal Beloit Corporation (Regal Beloit) has entered into an Asset and Stock Purchase Agreement with Emerson Electric Co. (Emerson) to acquire Emerson's Power Transmission Solutions (PTS) business for $1.4 billion in cash. The Company estimates 2015 accretion between $0.40 and $0.60 per share and 2016 accretion between $0.95 and $1.15 per share.
Rock-Tenn Company (Rock-Tenn) noted improvements in its fiscal fourth quarter and 2014 results. The Company's sales during the quarter increased 4.9% YoY to $2.6 billion as a result of the Tacoma Mill and display acquisitions completed in fiscal 2014. For FY 2014, sales rose 3.7% YoY to $9.9 billion.
Lochinvar, LLC's new FTXL™ Fire Tube Boiler was recognized in the 2015 AHR Expo Innovation Awards Competition. Lochinvar, LLC, a wholly owned subsidiary of A.O. Smith Corporation (A.O. Smith), will showcase its products at the 2015 AHR Expo, scheduled to be held during January 26-28, 2015, in Chicago.
Sonic Automotive, Inc. (Sonic Automotive) reported its third quarter 2014 results with all-time record new retail unit sales of 36,301 units, up 6.5% YoY. The Company also reported its highest third quarter gross profit of $341.5 million, up 4.7% YoY. Net income stood at $24.7 million versus $23.2 million in Q3 2013.
Sonoco Products Company (Sonoco) has received Sherwin-Williams' Certified Supplier Award for the fifth consecutive year for attaining the highest level of product quality and performance, and exceptional customer service.
--
About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
--
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.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: AnalystsReview.com
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article