New Board Members, Discounts, Investor Conferences, Auctions, and Sales Results - Analyst Notes on AmerisourceBergen, Best Buy, AutoZone, Sotheby's and W.W. Grainger
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NEW YORK, May 20, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding AmerisourceBergen Corp. (NYSE: ABC), Best Buy Co Inc (NYSE: BBY), AutoZone, Inc. (NYSE: AZO), Sotheby's (NYSE: BID) and W.W. Grainger, Inc. (NYSE: GWW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2659-100free.
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AmerisourceBergen Corp. Analyst Notes
On May 15, 2014, AmerisourceBergen Corp. (AmerisourceBergen) announced that President and CEO of Walgreen Co., Gregory D. Wasson, was elected to AmerisourceBergen's Board of Directors, expanding the Company's Board of Directors to 11 members. According to the Company, the appointment was effective immediately although Mr. Wasson has not been appointed to serve on any committees of the Board. The Company reported that as part of the strategic long-term relationship AmerisourceBergen entered into with Walgreens and Alliance Boots GmbH on March 2013, Walgreens was entitled to designate a director to the Company's Board of Directors. Richard C. Gozon, Chairman of the Board of AmerisourceBergen said; "We are very pleased to have Greg join the AmerisourceBergen Board of Directors. His extensive healthcare experience, strategic vision, and commitment to working collaboratively to drive growth and shareholder value for both AmerisourceBergen and Walgreens, will make Greg a tremendous asset to the Board." The full analyst notes on AmerisourceBergen are available to download free of charge at:
http://www.analystsreview.com/2659-ABC-20May2014.pdf
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Best Buy Co Inc Analyst Notes
On May 15, 2014, Best Buy Co Inc (Best Buy) announced 25% off and $50 gift cards for those who plan to shop for appliances through the Memorial Day holiday. The Company stated that customers can expect 10% to 25% savings on all major appliances - plus free delivery, haul away, and recycling for purchases of $399 or more. According to the Company, a My Best Buy member will get even more back. Best Buy added that customers will get a $50 Best Buy gift card by replacing current Kenmore appliance with a new large appliance priced at $399 or more. The deal is good for up to five Kenmore appliance replacements for a possible $250 Best Buy gift cards. The Company informed that these offers are valid from May 15, 2014 to May 31, 2014. The full analyst notes on Best Buy are available to download free of charge at:
http://www.analystsreview.com/2659-BBY-20May2014.pdf
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AutoZone, Inc. Analyst Notes
On May 15, 2014, AutoZone, Inc. (AutoZone) announced its participation at the following investor conferences: City 2014 Global Consumer Conference on May 29, 2014; Stifel 2014 Consumer Conference on June 3, 2014; 7th Annual BB&T Automotive Aftermarket Conference on June 3, 2014; and the Stephens Spring Investment Conference on June 4, 2014. The full analyst notes on AutoZone are available to download free of charge at:
http://www.analystsreview.com/2659-AZO-20May2014.pdf
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Sotheby's Analyst Notes
On May 15, 2014, Sotheby's reported that Amedeo Modigliani's Portrait of Paul Alexandre in Paris will be offered for sale on June 4, 2014, and can be viewed from May 27, 2014 until June 2, 2014 from 10:00 a.m. to 6:00 p.m., except on May 29, 2014 and June 1, 2014. According to the Company, the famous painting that dates from 1911/12 has an estimate of €5-8 million or $6.9-11 million. It portrays Modigliani's first and major patron during the seven years after his arrival in France in 1907. Sotheby's stated that the painting has been seen in public only rarely, during prestigious exhibitions and has previously remained in the ownership of Paul Alexandre's descendants. The full analyst notes on Sotheby's are available to download free of charge at:
http://www.analystsreview.com/2659-BID-20May2014.pdf
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W.W. Grainger, Inc. Analyst Notes
On May 13, 2014, W.W. Grainger, Inc. (Grainger) reported its sales results for the month of April 2014. According to the Company, the sales increased 5% YoY. The results included 1 percentage point from acquisitions, net of dispositions, and 1 percentage point decline from unfavorable foreign exchange. The Company added that without including acquisitions and foreign exchange, the organic sales increased by 5% driven by the 7 percentage points from volume, partially offset by 2 percentage points from the timing of the Easter holiday. The full analyst notes on W.W. Grainger are available to download free of charge at:
http://www.analystsreview.com/2659-GWW-20May2014.pdf
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