Quarterly Financial Results, Study Results, and Appointments - Research Reports on Covidien, Community Health, Express Scripts, Caterpillar and Boeing
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NEW YORK, November 7, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Covidien plc (NYSE: COV), Community Health Systems, Inc. (NYSE: CYH), Express Scripts Holding Company (NASDAQ: ESRX), Caterpillar Inc. (NYSE: CAT) and The Boeing Company (NYSE: BA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7772-100free.
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Covidien plc Research Reports
On November 4, 2014, Covidien plc (Covidien) announced 12-month results of the DEFINITIVE AR study, the first randomized study designed to identify the clinical benefits of plaque removal using directional atherectomy followed by drug coated balloon. According to the Company, the study results demonstrated higher technical success and lower incidence of vessel injuries known as flow-limiting dissections. Additionally, the study suggested that the combination of directional atherectomy and anti-restenosis therapy with drug coated balloons (known as DAART) improves patency in long and severely calcified lesions. "The results suggest DAART may address an unmet clinical need in difficult to treat long or severely calcified lesions," said Professor Thomas Zeller of the Universitaets-Herzzentrum, Bad Krozingen, Germany. The full research reports on Covidien are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/COV/report.pdf
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Community Health Systems, Inc. Research Reports
On November 3, 2014, Community Health Systems, Inc. (Community Health Systems) announced its Q3 2014 financial results. The Company's net operating revenues for the quarter increased 51.1% YoY to $4.8 billion. Community Health Systems' net income attributable to shareholders also jumped to $62 million, or $0.54 per diluted share, from $4 million, or $0.04 per diluted share, in the year ago period. Excluding adjustments, the Company's net income stood at $1.01 per share, beating the average estimate of $0.76 per share in a Reuters' poll of analysts. Community Health Systems said that its Q3 2014 operating results reflect a 49.0% increase in total admissions, and a 53.2% increase in total adjusted admissions compared with the same period in 2013. In a separate same day press release, the Company also announced that its subsidiary has acquired operational control of Gaffney Medical Center, which is a 125-bed hospital located in Gaffney, South Carolina. The full research reports on Community Health are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/CYH/report.pdf
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Express Scripts Holding Company Research Reports
On October 28, 2014, Express Scripts Holding Company (Express Scripts) announced its Q3 2014 financial results. Express Scripts said that its revenue during the quarter fell 0.5% YoY to $25.8 billion. However, the Company's revenue managed to beat the sixteen Wall Street analysts' consensus revenue estimate of $24.93 billion. Net income attributable to the Company increased to $582.3 million, or $0.78 per diluted share, from $426.7 million, or $0.52 per diluted share, in the year ago period. On an adjusted basis, the Company said that it earned $1.29 per share in Q3 2014, which was in-line with average estimates in a Reuters' analysts' poll. Looking ahead, Express Scripts has narrowed its adjusted diluted EPS guidance from a range of $4.84 to $4.92 to a range of $4.86 to $4.90, which maintains the mid-point of $4.88. The full research reports on Express Scripts are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/ESRX/report.pdf
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Caterpillar Inc. Research Reports
On October 23, 2014, Caterpillar Inc. (Caterpillar) announced its Q3 2014 financial results. Caterpillar's consolidated sales and revenue during the quarter increased 0.9% YoY to $13.5 billion, helped by favorable changes in price realizations and currency and increased Financial Products' revenues which counterbalanced the lower sales volume. Hit by the weak demand for mining equipment, Caterpillar's sales volume fell $187 million during the quarter. The Company's net profit for the period increased to $1.0 billion, or $1.63 per diluted share, from $946 million, or $1.45 per diluted share, in the year ago period. Analysts, on average, expected the Company to earn $1.36 a share on sales of $13.2 billion. The company now expects 2014 sales and revenues to be about $55 billion, the middle of the previous outlook range of $54 to $56 billion. The full research reports on Caterpillar are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/CAT/report.pdf
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The Boeing Company Research Reports
On November 4, 2014, The Boeing Company (Boeing) announced the appointment of Gordon Johndroe as Vice President, Government Operations Communications, effective November 7, 2014. Johndroe joins Boeing from Lockheed Martin, where he led worldwide corporate media relations. In his new role, he will be responsible for developing and implementing communications strategies associated with advocacy for the Company's products and businesses, as well as issues management and outreach to the Washington, D.C. news media and related constituencies. The full research reports on Boeing are available to download free of charge at:
http://www.analystsreview.com/Nov-07-2014/BA/report.pdf
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