Litigation Update, Pricing of Offering, Earnings, New Free-To-Play Games, and Rejection of Acquisition Proposal - Research Reports on McDonald's, eBay, Netflix, GameStop and Time Warner
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, August 1, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding McDonald's Corporation (NYSE: MCD), eBay Inc. (NASDAQ: EBAY), Netflix, Inc. (NASDAQ: NFLX), GameStop Corp. (NYSE: GME) and Time Warner Inc. (NYSE: TWX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5349-100free.
McDonald's Corporation Research Reports
On July 29, 2014, McDonald's Corporation (McDonald's) released a statement following the NLRB's decision, hinting to contest the allegation regarding joint employer relationship of the Company with its franchisees. Heather Smedstad, Senior Vice President Human Resources, McDonald's USA, stated, "This decision to allow unfair labor practice complaints to allege that McDonald's is a joint employer with its franchisees is wrong. McDonald's will contest this allegation in the appropriate forum. McDonald's also believes that this decision changes the rules for thousands of small businesses, and goes against decades of established law regarding the franchise model in the United States. McDonald's, as well as every other company involved in franchising, relies on these existing rules to run successful businesses as part of a system that every day creates significant employment, entrepreneurial and economic opportunities across the country. McDonald's does not direct or co-determine the hiring, termination, wages, hours, or any other essential terms and conditions of employment of our franchisees' employees - which are the well-established criteria governing the definition of a "joint employer." The full research reports on McDonald's are available to download free of charge at:
http://www.analystsreview.com/Aug-01-2014/MCD/report.pdf
eBay Inc. Research Reports
On July 23, 2014, eBay Inc. (eBay) announced the pricing of a $3.5 billion underwritten public offering of its senior unsecured notes, consisting of $450 million 2017 Floating Rate Notes, $400 million 2019 Floating Rate Notes, $1.15 billion 2019 2.200% Fixed Rate Notes, $750 million 2021 2.875% Fixed Rate Notes and $750 million 2024 3.450% Fixed Rate Notes. The pricing was fixed at 100.000% of the principal amount for 2017 and 2019 Floating Rate Notes, 99.788% for the 2019 Fixed Rate Notes, 99.779% for the 2021 Fixed Rate Notes, and 99.899% for the 2024 Fixed Rate Notes. The Company plans to use the net proceeds of approximately $3.48 billion for general corporate purposes, including the repayment of outstanding commercial paper borrowings. The full research reports on eBay are available to download free of charge at:
http://www.analystsreview.com/Aug-01-2014/EBAY/report.pdf
Netflix, Inc. Research Reports
On July 21, 2014, Netflix, Inc. (Netflix) announced its earnings for Q2 2014. During the quarter, the Company's revenues increased significantly by 25.3% YoY, on account of strong growth in the Company's domestic streaming and international streaming segments, led by strong growth in streaming members, price increase undertaken in the existing offerings, and introduction of higher priced plans. The Company's domestic streaming and international streaming members increased by 21.6% and 78.1% YoY, respectively. Revenues from the Domestic DVD segment fell by 16.2% YoY as the Company continued to focus more on its content streaming business. The Company's basic EPS more than doubled to $1.18 in Q2 2014 as compared to $0.51 in Q2 2013. The full research reports on Netflix are available to download free of charge at:
http://www.analystsreview.com/Aug-01-2014/NFLX/report.pdf
GameStop Corp. Research Reports
On July 24, 2014, Kongregate, a wholly-owned subsidiary of GameStop Corp. (GameStop), announced that it will release new free-to-play mobile games in the next few months as the Company continues to expand its mobile game publishing program. Emily Greer, CEO & Co-founder of Kongregate, said, "We are thrilled to offer new and exciting content to our gaming fans across our different free-to-play platforms, and at the same time help developers find success in mobile gaming. Whether developing a web- or mobile-based game, it is a competitive market for small studios." Some of the games Kongregate will publish include "Rise of Mythos" from developer Changyou, "Cry Havoc" and "SpellStone" from Synapse Games, "Party of Heroes" from Dedalord, "Epic Skater" from YourDailyFill, and "Call of Gods" from BoyJoy. The full research reports on GameStop are available to download free of charge at:
http://www.analystsreview.com/Aug-01-2014/GME/report.pdf
Time Warner Inc. Research Reports
On July 16, 2014, Time Warner Inc. (Time Warner) announced that it has rejected a proposal from Twenty-First Century Fox to acquire all of the outstanding shares of the Company for a combination of 1.531 of Twenty-First Century Fox Class A non-voting common shares and $32.42 in cash per share. The Company's Board, after consulting with its financial and legal advisors, stated that the proposal was not in the best interests of the Company or its stockholders, as it considered that the execution of the Company's strategic plan will continue to drive significant and sustainable value for the Company's stockholders. Moreover, the Board perceived considerable strategic, operational, and regulatory risks to executing the merger with Twenty-First Century Fox. The Board also hinted significant risk and uncertainty regarding the valuation of Twenty-First Century Fox's non-voting stock and Twenty-First Century Fox's ability to govern and manage a combination of the size and scale of the two companies. The full research reports on Time Warner are available to download free of charge at:
http://www.analystsreview.com/Aug-01-2014/TWX/report.pdf
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
EDITOR'S NOTES:
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
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.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article