Quarterly Dividends, Financial Results, New Appointments, and Audit Committee Invitations - Research Report on Kimberly-Clark, Unilever NV, Rock-Tenn, Energizer Holdings, and Snyder's-Lance
NEW YORK, August 9, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Kimberly-Clark Corporation (NYSE: KMB), Unilever NV (NYSE: UN), Rock-Tenn Co. (NYSE: RKT), Energizer Holdings Inc. (NYSE: ENR), and Snyder's-Lance, Inc. (NASDAQ: LNCE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Kimberly-Clark Corporation Research Report
On August 1, 2013, Kimberly-Clark Corporation (Kimberly-Clark) announced that its Board of Directors has approved a regular quarterly dividend of $0.81 per share, which will be payable on October 2, 2013 to stockholders of record on September 6, 2013. The Company stated that it has increased its dividend for the 41st consecutive year in 2013, besides marking its 79th straight year of dividend payment. The Full Research Report on Kimberly-Clark 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/a3ff_KMB ]
Unilever NV Research Report
On July 26, 2013, Unilever NV (UN) reported that the Company's Audit Committee has invited distinguished accountancy firms to tender for UN's statutory audit contract, as PricewaterhouseCoopers will finish its term as UN's auditor after the completion of their accounts audit for the year 2013 (period ending December 31, 2013). Commenting on this announcement, CFO of UN, Jean-Marc Huët, stated, "To maintain Unilever's position at the forefront of good governance, we have decided to put our statutory audit work out to tender with the intention of nominating a new external auditor for 2014. Our business is very large in scale and reach, with operations in over a hundred countries. The challenge that this poses for our auditors has been successfully met by PricewaterhouseCoopers over many years and we have always been impressed with the rigour and quality of their audit. However, given changes in the regulatory environment and market expectations, it makes sense for Unilever to rotate its auditors at this time." The Full Research Report on Unilever NV - 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/003f_UN ]
Rock-Tenn Co. Research Report
On August 2, 2013, Rock-Tenn Co. (RockTenn) reported that Steve Voorhees, Chief Operating Officer of RockTenn, will step in as the new Chief Executive Officer of the Company, after the retirement of Jim Rubright on October 31, 2013. The Company also stated that Ward Dickson will join the Company on September 16, 2013 as Executive Vice President and CFO, and he will be responsible for finance, information technology and procurement. The Company further stated that Voorhees and Jenny Hourihan have been elected to the board of RockTenn. Stephen Felker, RockTenn's Lead Independent Director and soon-to-be Board Chairman, said, "RockTenn will lose a remarkable CEO with Jim Rubright's retirement from the company. Under Jim's leadership, RockTenn has grown to become a highly respected leader in the paper and forest products industry. RockTenn's share price has increased more than eight fold and with dividends earned a compound annual return of 18.6 percent - for 14 years." The Full Research Report on Rock-Tenn Co. - 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/a42a_RKT ]
Energizer Holdings Inc. Research Report
On July 31, 2013, Energizer Holdings Inc. (Energizer) reported that the Company's Board of Directors has declared a dividend for Q4 FY 2013 of $0.50 per share of Common Stock. Energizer informed that the approved dividends will be payable on September 10, 2013 to all shareholders of record as of the close of business on August 20, 2013. The Full Research Report on Energizer 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/2795_ENR ]
Snyder's-Lance, Inc. Research Report
On August 6, 2013, Snyder's-Lance, Inc. (Snyder's-Lance) announced results for Q2 2013 with net revenues of $439.1 million, up 9.9% YoY. Net income attributable to the Company was $13.0 million, or $0.19 per diluted share, in Q2 2013, compared to net income of $19.3 million, or $0.28 per diluted share, in Q2 2012. Carl E. Lee, Jr., Snyder's-Lance's President and CEO, commented, "Ongoing consumer and marketing efforts are planned for the third quarter. We firmly believe that our strategic plan remains solid and we have a number of product innovations and initiatives for the remainder of 2013 and beyond to build our brands and expand their distributionSnyder's-Lance expects that its 2013 net revenue will grow by 10% to12% YoY and earnings per diluted share (excluding special items) will increase between 22% and 32% YoY." The Company also stated that it has approved a quarterly cash dividend of $0.16 per share on the Company's common stock, which is payable on August 30, 2013 to stockholders of record at the close of business on August 21, 2013. The Full Research Report on Snyder's-Lance, 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/f5f2_LNCE ]
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