Program Recognition, Promotional Offers, Regulatory Review Delay, Technical Updates, and New Dividend Policy - Research Reports on Avis Budget, Hertz, Time Warner Cable, Melco and Teekay
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NEW YORK, October 7, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Avis Budget Group, Inc. (NASDAQ: CAR), Hertz Global Holdings, Inc. (NYSE: HTZ), Time Warner Cable Inc. (NYSE: TWC), Melco Crown Entertainment Limited (NASDAQ: MPEL) and Teekay Corporation (NYSE: TK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6962-100free.
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Avis Budget Group, Inc. Research Reports
On September 30, 2014, Avis Budget Group, Inc. (Avis Budget) announced that its loyalty program for travel professionals Unlimited Budget® has been named as a 2014 Gold Magellan Award Winner by Travel Weekly. According to the Company, Unlimited Budget was recognized in the ground transportation/loyalty program category. "We are proud to achieve gold at the Magellan Awards and sincerely thank Travel Weekly and the travel agent community for this honor," said Tom Villani, Vice President, Global Travel and Partnerships, Avis Budget. The full research reports on Avis Budget are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/CAR/report.pdf
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Hertz Global Holdings, Inc. Research Reports
On October 1, 2014, Hertz Global Holdings, Inc. (Hertz) announced the launch of its Hertz Golden Tickets prize draw offering customers across Europe the chance to win experiences of a lifetime. The Company informed that the competition runs throughout the month of October and is open to customers making prepaid car rental bookings with Hertz in participating countries for collection before the end of the year. "The days may be drawing in as the seasons change but we hope the Hertz Golden Tickets giveaway will inspire people to get out and experience the wealth of adventure that lies on their doorsteps," said Michel Taride, Group President, Hertz International. The full research reports on Hertz are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/HTZ/report.pdf
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Time Warner Cable Inc. Research Reports
On September 29, 2014, Bloomberg reported that the New York Public Service Commission's pending decision on the proposed acquisition of Time Warner Cable Inc. (TWC) by Comcast Corp. (Comcast) has been delayed by over a month. As per the report, the commission will now vote on November 13, 2014 instead of October 2, 2014, according to an agreement between the commission and Comcast filed on September 26, 2014. As per the Bloomberg report, the commission's staff has recommended that the acquisition be approved only if Comcast agrees to certain concessions which would cost it $300 million. The full research reports on Time Warner Cable are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/TWC/report.pdf
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Melco Crown Entertainment Limited Research Reports
On September 30, 2014, the stock of Melco Crown Entertainment Limited (Melco) ended the session higher by 2.18% at $26.29. During the session, shares in Melco opened at $25.80, and traded in the range of $24.77 - $27.33, with a total of 12.90 million shares changing hands. Moreover, the stock has declined 7.30% in the last one month, as compared to the Nasdaq Composite index which fell 1.90% during that period. The full research reports on Melco are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/MPEL/report.pdf
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Teekay Corporation Research Reports
On September 29, 2014, Teekay Corporation (Teekay) announced that its Board of Directors has approved the adoption of a new dividend policy, which will result in an increase of approximately 75-80% in the Company's annualized cash dividend. Under the new dividend policy, the Company said it intends to distribute to its shareholders a majority of the cash flows it receives from ownership in its publicly-traded subsidiaries. The implementation of the new policy depends upon the anticipated sale of the Petrojarl Knarr FPSO unit to Teekay Offshore and its contract start-up. The Company said it expects to complete the sale by Q4 2014 which, if happens, would pave way for the new policy to come into effect from Q1 2015. Cheering the new policy, the Company's stock ended higher by 13.71% at $66.36 on September 30, 2014. The full research reports on Teekay are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/TK/report.pdf
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