Joint Ventures, Conference Call Schedules, Stock Price Updates, Appointments, and Share Repurchase Programs - Analyst Notes on American Airlines, United Rentals, Liberty Global, Melco Crown, and Ctrip
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NEW YORK, April 10, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding American Airlines Group Inc. (NASDAQ: AAL), United Rentals, Inc. (NYSE: URI), Liberty Global Inc. (NASDAQ: LBTYA), Melco Crown Entertainment Ltd. (NASDAQ: MPEL), and Ctrip.com International Ltd. (NASDAQ: CTRP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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American Airlines Group Inc. Analyst Notes
On April 3, 2014, American Airlines Group Inc., formed after the American Airlines merged itself with US Airways, announced that US Airways will join its venture with British Airways, Iberia and Finnair that operates flights between North America and Europe. According to the Company, the joint venture also includes revenue sharing agreement in which member airlines have permission to coordinate schedules and pricing on North Atlantic routes. US Airways adds 28 trans-Atlantic routes to the joint business comprising nonstop service from the United States to 18 European destinations including Munich, Athens and Amsterdam. US Airways will join the joint business as an affiliate member until it fully integrates operations with American Airlines as part of their merger to create the largest airline in the world. The full analyst notes on American Airlines Group Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04102014/AAL/report.pdf
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United Rentals, Inc. Analyst Notes
On April 3, 2014, United Rentals, Inc. (United Rentals) announced that it will hold its Q1 2014 conference call with Michael Kneeland, CEO, William Plummer, CFO, and Matt Flannery, Chief Operating Officer, on Thursday, April 17, 2014, at 11:00 a.m. ET. The conference call has been scheduled a day after the Company releases its quarterly earnings release on April 16, 2014, after the market closes. According to Zacks Investment Research data, the consensus EPS estimate for Q1 2014 is $0.70. The Company reported a 25.2% YoY increase in its Q4 2013 adjusted earnings of $1.59 per share. The full analyst notes on United Rentals, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04102014/URI/report.pdf
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Liberty Global Inc. Analyst Notes
On April 7, 2014, the shares in Liberty Global Inc. (Liberty) declined 4.94%, closing the day at $38.49. During the session, the Company's shares opened at $40.37 and vacillated in the range of $37.98 - $40.69. Liberty traded 7.87 million shares during the day, higher than its 30-day average trading volume of 3.76 million shares. The Company awaits the approval of European Commission for its proposed merger with Ziggo N.V., aimed at expanding its operations in Europe. According to a Reuters report, the European Commission has also turned down the request of Dutch regulators seeking authority to review this deal, and is expected to roll out its decision on May 8, 2014. The full analyst notes on Liberty Global Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04102014/LBTYA/report.pdf
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Melco Crown Entertainment Ltd. Analyst Notes
On April 2, 2014, Bloomberg reported that Melco Crown Entertainment Ltd. (Melco Crown) plans to attract 8,000 people to work at its third casino resort in Macau by offering competitive pay and management scholarships. According to the report, Melco Crown's billionaire CEO Lawrence Ho stated that the Company will begin hiring for Studio City by the end of this year, about six months before the scheduled opening in mid-2015. Studio City, a $2.9 billion Hollywood studio-themed resort, is Melco's third project in Macau after Altira and City of Dreams. The Company aims to equip the resort with 500 gaming tables and more than 1,500 slot machines. The full analyst notes on Melco Crown Entertainment Ltd. are available to download free of charge at:
http://www.AnalystsReview.com/04102014/MPEL/report.pdf
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Ctrip.com International Ltd. Analyst Notes
On April 3, 2014, Ctrip.com International Ltd. (Ctrip) announced that its Board of Directors has approved a new share repurchase program whereby Ctrip may purchase its own American depositary shares (ADSs) with a total value of up to $600 million. The Company intends to fund the repurchase out of its existing cash balance, including cash generated from operations and cash received from the convertible bonds issued in 2012 and 2013. The Company stated that the proposed share repurchase may be effected on the open market at prevailing market prices and/or in negotiated transactions off the market from time to time as market conditions warrant in accordance with applicable requirements of Rule 10b5-1 and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended. The full analyst notes on Ctrip.com International Ltd. are available to download free of charge at:
http://www.AnalystsReview.com/04102014/CTRP/report.pdf
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