Letter to Shareholders, Conference Schedule, Response against Litigation, Appointment, and Senior Credit Facility Refinancing - Analyst Notes on eBay, Staples, CST Brands, Sotheby's, and Rent-A-Center

NEW YORK, March 28, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding eBay Inc. (NASDAQ: EBAY), Staples, Inc. (NASDAQ: SPLS), CST Brands, Inc. (NYSE: CST), Sotheby's (NYSE: BID), and Rent-A-Center Inc. (NASDAQ: RCII). 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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eBay Inc. Analyst Notes  

On March 25, 2014, eBay Inc. (eBay) announced that it has issued a letter to its shareholders, opposing activist investor and eBay shareholder Carl Icahn's proposal at the 2014 annual meeting to spinoff Paypal into a separate entity, as well as Icahn's two nominations for election into the Company's board. Following is an excerpt from the letter signed by Pierre Omidyar, Board Chairman; Thomas Tierney, Lead Independent Director; and John Donahoe, CEO of eBay - "We have evaluated carefully Mr. Icahn's proposal to spin off PayPal. We do not support it. Mr. Icahn's proposal is not a new idea, and Mr. Icahn himself recently backed away from supporting his own proposal. The eBay Inc. Board of Directors has previously considered this idea closely. We also have had many discussions with shareholders. Our board is in unanimous agreement that neither Mr. Icahn's breakup proposal nor his nominees are in the best interests of eBay's shareholders. The eBay Board of Directors unanimously recommends that shareholders vote "AGAINST" Mr. Icahn's breakup proposal and "FOR" all four of the company's experienced and highly qualified director nominees: Fred Anderson, Edward Barnholt, Scott Cook, and

John Donahoe." Furthermore, the Company also filed a definitive proxy statement with the Securities and Exchange Commission (SEC) with respect to eBay's 2014 Annual Meeting of Stockholders, to be held on May 13, 2014. The full analyst notes on eBay Inc. will be available to download free of charge at:

http://www.AnalystsReview.com/03282014/EBAY/report.pdf

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Staples, Inc. Analyst Notes 

Staples, Inc. reported on the Events page of its website that it will conduct its Q1 2014 earnings conference call on May 20, 2014, at 8:00 a.m. ET. The full analyst notes on Staples, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03282014/SPLS/report.pdf

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CST Brands, Inc. Analyst Notes 

On March 13, 2014, CST Brands, Inc. (CST Brands) announced that Stephen Smith, Former CEO of Cara Operations Limited, has joined the Company's Board of Directors. Commenting on the appointment, Kim Bowers, Chairman and CEO, CST Brands, said, "We are thrilled to add an individual with Stephen's background to our Board. With a significant portion of CST Brands' operations in Canada, Stephen's twenty-five years of experience in consumer service industries in Canada will be invaluable as we continue to grow our presence there." The full analyst notes on CST Brands, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03282014/CST/report.pdf

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Sotheby's Analyst Notes  

On March 25, 2014, Sotheby's issued a response report on Third Point's litigation against the Company's shareholder rights plan. According to the Company, it adopted a one-year shareholder rights plan, which will expire on October 2014 and cannot be extended beyond the said date without shareholder's approval, in response to rapid accumulations of significant portions of its outstanding common stock, including through derivatives. Sotheby stated that it intends to review Third Point's complaint regarding the rights plan, which is designed to limit the ability of any person or group to seize control of the Company without appropriately compensating all Sotheby's shareholders. The Company informed that it believes that Board's decision to adopt and maintain the 12-months right plan is both valid and legal. The full analyst notes on Sotheby's are available to download free of charge at:

http://www.AnalystsReview.com/03282014/BID/report.pdf

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Rent-A-Center Inc. Analyst Notes 

On March 19, 2014, Rent-A-Center Inc. (Rent-A-Center) announced the completion of its previously announced refinancing of its senior credit facility, amounting to $900 million, which consists of $225 million term loan and $675 million revolving credit facility. According to the Company, it expects to access a large pool of capital, while lowering the average cost of indebtedness to the Company. Rent-A-Center informed that it expects the refinancing transaction to reduce diluted EPS for FY 2014 by c. $0.08. Robert Davis, CEO of Rent-A-Center, said, "We believe the increased liquidity provided by the larger revolving credit facility and moderation of mandatory principal payments over the next seven years will further enhance our financial flexibility as we continue to execute on the strategic initiatives outlined at our recent investor day." The full analyst notes on Rent-A-Center Inc. are available to download free of charge at:  

http://www.AnalystsReview.com/03282014/RCII/report.pdf

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