Launch of Mentorship Program, Authorization of Share Repurchase Program, Creation of New Association, New Facilities - Analyst Notes on Disney, Bed Bath & Beyond, CVS Caremark, UPS and JetBlue
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NEW YORK, July 11, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Walt Disney Company (NYSE: DIS), Bed Bath & Beyond Inc. (NASDAQ: BBBY), CVS Caremark Corporation (NYSE: CVS), United Parcel Service, Inc. (NYSE: UPS) and JetBlue Airways Corporation (NASDAQ: JBLU). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4682-100free.
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Walt Disney Company Analyst Notes
On July 7, 2014, Walt Disney Company (Disney) announced the 11 startup companies that have been selected for a special mentorship and investment program, the Techstars-powered Disney Accelerator. The selected companies are Buzzstarter, ChoreMonster, Codarica, Cogo, Jogg, Sphero, Sidelines, SnowShoe, Twigtale, TYFFON, and Ubooly. The 15-week immersive program will provide companies access to mentorship from top Disney executives, up to $120,000 in investment capital and special access to resources from across The Walt Disney Company. The selected companies will regularly meet and work together with different mentors, including Chairman and CEO Robert A. Iger, and leaders from Pixar, Marvel, Lucasfilm, ABC, ESPN and Walt Disney Imagineering, as well as other entertainment industry leaders, investors, and an extensive network of technology mentors from Techstars to build and expand their business and conceptualize long-term strategies. The program will end with a Demo Day in October where each team will present their company to industry leaders, Disney executives, and the entrepreneurial community. The full analyst notes on Disney are available to download free of charge at:
http://www.analystsreview.com/Jul-11-2014/DIS/report.pdf
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Bed Bath & Beyond Inc. Analyst Notes
On July 7, 2014, Bed Bath & Beyond Inc. (Bed Bath & Beyond) announced that a new $2.0 billion share repurchase program has been authorized by its Board of Directors, which it expects to commence after the completion of its existing share repurchase program, which had approximately $861 million remaining as of May 31, 2014. The funding is expected to come from operating cash flow as well as various financing alternatives. According to Bed Bath & Beyond, it is currently planning that the new share repurchase program will be completed during FY 2016. The repurchases may be effected in the open market through accelerated repurchase and other negotiated transactions which include plans designed to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. The full analyst notes on Bed Bath & Beyond are available to download free of charge at:
http://www.analystsreview.com/Jul-11-2014/BBBY/report.pdf
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CVS Caremark Corporation Analyst Notes
On July 8, 2014, CVS Caremark Corporation's (CVS Caremark) President and CEO, Larry J. Merlo, along with CEOs from more than a dozen of the largest corporations and organizations, announced the creation of the American Heart Association (AHA) CEO Roundtable. According to the Company, the initiative is aimed at creating a workplace culture focused on health. The new initiative leads by example to engage more than 2 million collective employees, and will reach more than 200,000 colleagues nationwide. In addition, a new AHA-commissioned survey showed that employees are more likely to participate in and benefit from workplace health programs when encouraged by their CEO and senior management. The Company's "Plan for Health" offers incentives which include a lower paycheck contribution for colleagues who undergo a free health screening and complete an online health assessment each year. The full analyst notes on CVS Caremark are available to download free of charge at:
http://www.analystsreview.com/Jul-11-2014/CVS/report.pdf
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United Parcel Service, Inc. Analyst Notes
On July 7, 2014, United Parcel Service, Inc. (UPS) announced the opening of a new 8,400 square meter package sorting and delivery facility in Southampton, which will employ 180 employees, accommodate up to 150 delivery trucks and offer a sorting capacity of 7,500 packages per hour. The facility conforms to the BREEAM standard of excellence, the world's leading assessment method for sustainable buildings. According to UPS, the new facility will nearly double the capacity of its Southampton and Eastleigh facilities that it has replaced. In addition, it features the latest in sustainable and environmentally friendly design, which highlights the Company's commitment to making its network as efficient and environmentally sound as possible. The full analyst notes on UPS are available to download free of charge at:
http://www.analystsreview.com/Jul-11-2014/UPS/report.pdf
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JetBlue Airways Corporation Analyst Notes
On July 7, 2014, JetBlue Airways Corporation (JetBlue) announced that it has appointed Nancy Elder as Vice President, Communications, who will serve as a member of the senior leadership team and will report to JetBlue President Robin Hayes. She will oversee JetBlue's communication strategy, crewmember communications, media relations, crisis communications, and special events. Prior to joining the Company, Ms. Elder served as chief strategy officer in Matter Unlimited, a strategic and creative communications agency, where she was also a founding partner. She also held several communications and marketing leadership roles at major corporations including General Electric Co., MasterCard Inc., Marsh Inc., and Time Warner Inc. The full analyst notes on JetBlue are available to download free of charge at:
http://www.analystsreview.com/Jul-11-2014/JBLU/report.pdf
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