Merger Agreements, Earnings Schedule, Inclusion in Indices, Organizational Changes, and Quarterly Dividends - Research Report on Edgen, CSX, URS, HD Supply, and Tyco
NEW YORK, October 4, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Edgen Group Inc. (NYSE: EDG), CSX Corporation (NYSE: CSX), URS Corporation (NYSE: URS), HD Supply Holdings, Inc. (NASDAQ: HDS), and Tyco International Ltd. (NYSE: TYC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Edgen Group Inc. Research Report
On October 1, 2013, Edgen Group Inc. (Edgen) announced that it has signed a definitive merger agreement with Sumitomo. Under the agreement, Sumitomo will acquire all outstanding shares of Edgen for $12.00 per share in cash. The Companies expect the acquisition, which is subject to customary closing conditions and regulatory approvals, to close before the end of 2013. Commenting on the merger agreement, President and CEO of Edgen, Kazuhiro Takeuchi said, "The opportunity to align the Edgen Group strategy with the Sumitomo organization will benefit both businesses. The Edgen Murray and Bourland & Leverich commercial brands are well established and can now bring even greater scale to serve customers throughout global energy end-markets. Our focus on highly engineered and mission critical steel products and our extensive industry knowledge and expertise in increasingly complex applications used in oil and gas drilling, extraction, production and processing complement Sumitomo's existing business." The Full Research Report on Edgen Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e525_EDG]
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CSX Corporation Research Report
On September 18, 2013, CSX Corporation (CSX) announced that it will report its Q3 2013 financial and operating results on October 15, 2013, after the market closes. The Company informed that it will also host an earnings conference call on the following day, October 16, 2013 at 8:30 a.m. ET via teleconference and a live audio webcast. CSX stated that the presentation materials and audio webcast will be available on the Company's website. The Full Research Report on CSX Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cc8a_CSX]
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URS Corporation Research Report
On October 1, 2013, URS Corporation (URS) announced that W.J. Lingard, the Company's Chief Operating Officer (COO) has been has been named to the additional position of President, with immediate effect. URS stated that Lingard will continue to report to Martin M. Koffel, Chairman and CEO of the Company. URS informed that each of the Company's four divisions - Federal Services, Infrastructure & Environment, Energy & Construction, and Oil & Gas - will now directly report to Lingard. The Company also announced that George Nash, the current COO of the Company's Energy & Construction division, will become the President of the division with effect from January 1, 2014. Mr. Nash will be succeeding Robert Zaist, who will become Vice President of Corporate Initiatives at URS. The Full Research Report on URS Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/da14_URS]
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HD Supply Holdings, Inc. Research Report
On September 30, 2013, HD Supply Holdings, Inc. (HD Supply) announced that it will join the broad-market Russell 1000, Russell 3000, and Russell Global Indexes, after the US markets close on the day of the announcement. The Company informed that its addition is part of the annual reconstitution by Russell Investments of its comprehensive set of US and global equity indexes. The Full Research Report on HD Supply Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d56d_HDS]
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Tyco International Ltd. Research Report
On September 12, 2013, Tyco International Ltd. (Tyco) announced that its Board of Directors has declared a quarterly dividend of $0.16 per share. The Company stated that the dividend is payable on November 14, 2013, to shareholders of record at the close of business on October 25, 2013. The Full Research Report on Tyco International Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f0c5_TYC]
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