Prestigious Awards, Stock Updates, Contracts, and Strategic Acquisitions - Analyst Notes on 3M, D.R. Horton, Honeywell, Eaton and Avago
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NEW YORK, May 9, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding 3M Co. (NYSE: MMM), D.R. Horton Inc. (NYSE: DHI), Honeywell International Inc. (NYSE: HON), Eaton Corporation (NYSE: ETN) and Avago Technologies Limited (NASDAQ: AVGO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2261-100free.
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3M Co. Analyst Notes
On May 1, 2014, 3M Co. (3M) announced that two of its latest technologies have been honored by the famed Edison Awards, a global competition for honoring exceptional creativity and ingenuity. The Company informed that its 3M™ Petrifilm™ Salmonella Express System received a silver Edison Award in the Science/Medical area's "Detection" category, while the Two-Phase Immersion Cooling Technology using 3M™ Novec™ Engineered Fluid grabbed a bronze Edison Award within the Applied Technology section's "Industrial Productivity" category. Tina Bauman, Global Marketing Supervisor, 3M Food Safety, said, "We were very excited to launch the 3M Petrifilm Salmonella Express System last year because we knew it would be a breakthrough for food processors around the world and their ability to rapidly detect Salmonella, bacteria that are responsible for one of the most common forms of food poisoning." The full analyst notes on 3M are available to download free of charge at:
http://www.analystsreview.com/2261-MMM-09May2014.pdf
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D.R. Horton Inc. Analyst Notes
On May 6, 2014, the stock of D.R. Horton, Inc. (D.R. Horton) closed at $22.43, down 2.39% from its previous day's close. After opening at $22.89, the stock fluctuated in the range of $22.17 - $22.96. A total of 10.90 million shares were traded, as compared to 5.37 million traded during the previous session. The stock is still up by 5.06% compared with the closing price on April 23, 2014, helped by the stronger-than-expected performance in Q2 FY 2014. The Company released its Q2 FY 2014 financial results on April 24, 2014, showing both the revenue and net income surpassed the Zacks consensus estimates. The full analyst notes on D.R. Horton are available to download free of charge at:
http://www.analystsreview.com/2261-DHI-09May2014.pdf
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Honeywell International Inc. Analyst Notes
On May 1, 2014, Honeywell Process Solutions (HPS), a part of the Honeywell International Inc.'s (Honeywell's) Performance Materials and Technologies strategic business group, announced that its automation and safety technology has been selected for the third phase of a pipeline project supplying natural gas from Central Asia to China. According to HPS, Asia Trans Gas selected its Experion® Process Knowledge System (PKS) and Safety Manager technology to manage operations and to prevent safety issues in a third pipeline to be built as a part of the Central Asia-China Gas Pipeline (CACGP) project. HPS informed that Asia Trans Gas is a collaboration of China National Petroleum Corp. (CNPC) and UzbekNefteGas, Uzbekistan national holding company. Aldous Wong, Regional GM, Honeywell Process Solutions, Greater China, said, "The Honeywell system will increase operators' access to information and help them make faster, better-informed decisions to promote the integrity and safety of the pipeline." The full analyst notes on Honeywell are available to download free of charge at:
http://www.analystsreview.com/2261-HON-09May2014.pdf
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Eaton Corporation Analyst Notes
On May 6, 2014, Eaton Corporation (Eaton) announced that it is helping upstream oil and gas customers reduce the impact of electrical failures in complex, offshore applications. The Company stated that its Electrical Engineering Services and Systems division helps customers tackle electrical system breakdowns and augment safety, functioning and usefulness. Eaton also showcased these services at the Offshore Technology Conference (OTC) in Houston from May 5-8, 2014. Bob Kirslis, Industrial Segment Manager, Electrical Engineering Services and Systems Division, Eaton, said, "Electrical equipment failures in offshore applications can be difficult to address quickly, resulting in significant downtime, costs and production loss. Our global network of experienced professionals offers customers the expertise and customized solutions they need to maximize operational predictability and prevent future outages." The full analyst notes on Eaton are available to download free of charge at:
http://www.analystsreview.com/2261-ETN-09May2014.pdf
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Avago Technologies Limited Analyst Notes
On May 6, 2014, Avago Technologies Limited (Avago) announced the completion of the acquisition of LSI Corporation for $11.15 per share in an all-cash transaction valued at around $6.6 billion. According to Avago, this acquisition creates a diversified semiconductor market leader with nearly $5 billion in projected annual revenues. Avago further stated that the acquisition will establish it as a leader in the enterprise storage market and will also expand Avago's product offerings and is expected to introduce system-level expertise in its wired infrastructure market. In addition to the benefits of the acquisition, the Company continues to anticipate achieving annual cost savings at a run rate of $200 million by the end of the fiscal year ending November 1, 2015. Following the announcement, the stock gained 4.81% to close at $67.34. Avago plans to release its Q2 FY 2014 financial results on May 29, 2014. The full analyst notes on Avago are available to download free of charge at:
http://www.analystsreview.com/2261-AVGO-09May2014.pdf
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