Merger Deal Updates, Senior Level Appointments, Fund Distributions, and Technical Updates - Research Reports on Lorillard, Goodyear, Keurig, Equity Residential and U.S. Bancorp
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NEW YORK, September 3, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Lorillard, Inc. (NYSE: LO), The Goodyear Tire & Rubber Company (NASDAQ: GT), Keurig Green Mountain, Inc. (NASDAQ: GMCR), Equity Residential (NYSE: EQR) and U.S. Bancorp (NYSE: USB). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6171-100free.
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Lorillard, Inc. Research Reports
On August 29, 2014, The Wall Street Journal reported that Lorillard, Inc. (Lorillard) and Reynolds American Inc. (Reynolds), which agreed to a $25 billion merger in July 2014, were asked to submit more information by Federal Trade Commission (FTC) on the deal. According to the report, the request from the FTC will extends the deal's waiting period until 30 days after the companies have furnished additional information sought by regulators. The two companies continue to expect to close the deal in first half of 2015. The full research reports on Lorillard are available to download free of charge at:
http://www.analystsreview.com/Sep-03-2014/LO/report.pdf
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The Goodyear Tire & Rubber Company Research Reports
On August 27, 2014, The Goodyear Tire & Rubber Company (Goodyear) announced the appointment of Richard Kellam as Senior Vice President, Global Sales and Marketing, effective September 22, 2014. In this role, Kellam will be responsible for establishing a program of sales and marketing excellence aligned with the Company's focus on working from the market back to enhance the customer and consumer experience. Kellam will report to Richard J. Kramer, Goodyear's Chairman and CEO. According to the Company, Kellam brings in more than 28 years of experience to in key sales and marketing leadership roles in global companies to Goodyear. The full research reports on Goodyear are available to download free of charge at:
http://www.analystsreview.com/Sep-03-2014/GT/report.pdf
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Keurig Green Mountain, Inc. Research Reports
On August 27, 2014, Keurig Green Mountain, Inc. (Keurig) announced the appointment of José Octavio Reyes Lagunes, retired Vice Chairman of The Coca-Cola Export Corporation, to its Board of Directors as a Class I Director, effective August 25, 2014. Keurig stated that the term of Reyes will expire at the Company's 2015 Annual Meeting where he will stand for election by stockholders. Norm Wesley, Keurig's Chairman of the Board of Directors, said, "José's significant experience in the cold beverage industry and his global perspective make him an ideal addition to the Board of Keurig as we look forward to the introduction of our Keurig Cold beverage system and to growth opportunities outside of North America for both our Keurig Cold and our Keurig hot beverage systems." The full research reports on Keurig are available to download free of charge at:
http://www.analystsreview.com/Sep-03-2014/GMCR/report.pdf
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Equity Residential Research Reports
On August 29, 2014, the stock of Equity Residential gained 0.42% to end the trading session at $66.47. During the session, the stock opened at $66.44, and fluctuated within the range of $66.14 - $66.62, with a total of 2.21 million shares changing hands. Over the last one month, the Company's stock has increased by 0.12%, compared to the Dow Jones Industrial Average which rose 1.29% during that period. The full research reports on Equity Residential are available to download free of charge at:
http://www.analystsreview.com/Sep-03-2014/EQR/report.pdf
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U.S. Bancorp Research Reports
On August 26, 2014, U.S. Bancorp's asset management division U.S. Bancorp Asset Management, Inc. announced distributions for two closed-end funds -- American Strategic Income Portfolio Inc.-III and American Select Portfolio Inc. -- which are expected to reorganize effective September 8, 2014, as part of a previously announced plan. The planned reorganization will see four funds, including the two aforesaid funds, merging into a newly organized closed-end fund, Diversified Real Asset Income Fund (the Acquiring Fund), which will be managed by Nuveen Fund Advisors, LLC and sub-advised by Nuveen Asset Management, LLC, both current sub-advisors of the Funds. According to the Company, this distribution is in compliance with the regulations requiring the acquired funds in any reorganization fully distribute any accumulated undistributed net investment income (UNII) and realized capital gains prior to effecting the reorganization. The full research reports on U.S. Bancorp are available to download free of charge at:
http://www.analystsreview.com/Sep-03-2014/USB/report.pdf
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