Market Activity, Acquisition Closure, App Launch, New Offering, and Exercise of Options - Research Reports on Conn's, Abbott, 3M, Alibaba Group and Banco Bradesco
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NEW YORK, October 2, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Conn's Inc. (NASDAQ: CONN), Abbott Laboratories (NYSE: ABT), 3M Company (NYSE: MMM), Alibaba Group Holding Limited (NYSE: BABA) and Banco Bradesco S.A. (NYSE: BBD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6928-100free.
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Conn's Inc. Research Reports
On September 29, 2014, the stock of Conn's Inc. (Conn's) ended the session at $30.70, up 6.49%. The stock opened the session at $28.73 and oscillated in the range of $28.43-$31.18 with a trading volume of 4.97 million shares. YTD shares in Conn's fell 60.99% as compared to the NASDAQ Composite Index, which gained 8.47% during the same trading period. The stock closed 15.41% above its 52-week low of $26.60. As per the SEC filings made by Luxor Capital Group, LP and associated funds (together, Luxor Capital) on September 26, 2014, September 25, 2014, and September 24, 2014, Luxor Capital has acquired a total of 1,073,414 units of common stock of Conn's for an average price of $27.82 over this time period. The full research reports on Conn's are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/CONN/report.pdf
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Abbott Laboratories Research Reports
On September 26, 2014, Abbott Laboratories (Abbott) reported that it has completed the acquisition of CFR Pharmaceuticals (CFR Pharma), establishing itself among the top 10 pharmaceutical companies in Latin America. According to the Company, Abbott's indirect acquisition of over 99% of CFR Pharma's ordinary shares for c. $2.9 billion has not only resulted in over two-fold growth in its Latin American branded generics pharmaceutical presence, but has also expanded the Company's presence in the fast-growing markets. Miles D. White, Chairman and CEO, Abbott, said, "By adding CFR's portfolio of well-known, trusted products, Abbott has taken another key step in actively shaping its portfolio to better meet the evolving needs of health care and drive sustainable growth." According to the Company, the transaction will not impact Abbott's ongoing earnings-per-share guidance for 2014. However, Abbott anticipates this transaction to be accretive to ongoing earnings per share in 2015. The full research reports on Abbott are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/ABT/report.pdf
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3M Company Research Reports
On September 25, 2014, 3M Company (3M) reported introduction of Post-it Plus App by its Post-it Brand. According to the Company, the new app captures up to 50 Post-it Notes at once from a Post-it Note collaboration session and digitizes them, allowing groups to shorten transcription time, share, organize or refine ideas quickly and add to the discussion from anywhere. Paul Kim, Vice President and General Manager at stationery and office supplies, 3M, said, "Post-it Notes continue to be the go-to tool for capturing thoughts and ideas in the analog world. As technology continues to permeate every aspect of our lives, the ability to instantly capture Post-it Notes with the Post-it Plus App means that collaboration leaders can have the same simple, intuitive Post-it Note experience, and now share those ideas with others in the digital world." The full research reports on 3M are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/MMM/report.pdf
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Alibaba Group Holding Limited Research Reports
On September 22, 2014, Alibaba Group Holding Limited (Alibaba Group) announced that the underwriters of its previously announced initial public offering have fully exercised the option to purchase an additional 48,015,900 American depositary shares (ADSs) from the Company and certain selling shareholders. According to Alibaba Group, post the full exercise of underwriters' option, the Company and the selling shareholders raised gross proceeds of c. $25.03 billion from the initial public offering, which made history as the biggest IPO in the U.S. The full research reports on Alibaba Group are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/BABA/report.pdf
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Banco Bradesco S.A. Research Reports
On September 29, 2014, the stock of Banco Bradesco S.A. (Banco Bradesco) ended the session at $14.55, down 8.38%. The stock opened the session at $14.59 and oscillated in the range of $14.47-$14.96, with a trading volume of 14.16 million shares. Year-to-date, Banco Bradesco stock has gained 17.72% as compared to the NASDAQ Composite Index, which has gained 3.78% during the same trading period. The full research reports on Banco Bradesco are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/BBD/report.pdf
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