Stock Price Movements, Earnings Release Schedules, Financial Results, and Proposed Investments - Analyst Notes on Ctrip.com, Best Buy, Chipotle, Lowe's and Melco Crown
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 22, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Ctrip.com International Ltd. (NASDAQ: CTRP), Best Buy Co. Inc. (NYSE: BBY), Chipotle Mexican Grill, Inc. (NYSE: CMG), Lowe's Companies Inc. (NYSE: LOW) and Melco Crown Entertainment Ltd. (NASDAQ: MPEL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1441-100free.
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Ctrip.com International Ltd. Analyst Notes
On April 16, 2014, shares in Ctrip.com International Ltd. (Ctrip.com) - the Chinese travel service provider, gained 2.05% and closed at $51.87. The shares opened at $50.96 and fluctuated in the range of $50.80 - $52.35 during the session. A total of 2.12 million shares changed hands during the day, which was significantly lower than the previous day trading volume of 6.42 million shares. During the past one month, shares gained 3.62% in a striking contrast to the NASDAQ Composite which declined by 3.75% during the same time period. An article on Bloomberg dated April 9, 2014, quoting Company sources said, Baidu's Qunar travel website is in discussions to merge with Ctrip.com. The full analyst notes on Ctrip.com are available to download free of charge at:
http://www.analystsreview.com/1441-CTRP-22Apr2014.pdf
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Best Buy Co. Inc. Analyst Notes
According to the upcoming events section of the official website of Best Buy Co., Inc. (Best Buy), the Company will hold its Q1 FY 2015 earnings conference call on May 22, 2014 at 8:00 a.m. ET. As per Zacks Investment Research, estimated EPS for the quarter is $0.20. The full analyst notes on Best Buy are available to download free of charge at:
http://www.analystsreview.com/1441-BBY-22Apr2014.pdf
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Chipotle Mexican Grill, Inc. Analyst Notes
On April 17, 2014, shares in Chipotle Mexican Grill, Inc. (Chipotle) fell 5.9% after the Company reported Q1 2014 financial results, which fell short of expectations. According to the Company, revenue increased 24.4% YoY to $904.2 million in Q1 2014 and diluted earnings per share were $2.64, an increase of 7.8%. Analysts surveyed by Thomson Financial Network had expected $873.8 million in revenue and EPS of $2.86. As stated, the growth in revenue was from a 13.4% increase in comparable restaurant sales and new restaurants not in the comparable base. Comparable restaurant sales growth was driven by increased traffic and to a lesser extent by an increase in average check and the benefit of one additional trading day in the quarter as compared to Q1 2013. For 2014, management expects 180 - 195 new restaurant openings and high single digit comparable restaurant sales increases, excluding any menu price increase. The full analyst notes on Chipotle are available to download free of charge at:
http://www.analystsreview.com/1441-CMG-22Apr2014.pdf
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Lowe's Companies Inc. Analyst Notes
On April 16, 2014, Lowe's Companies Inc. (Lowe's) stock ended flat to close the trading session at $46.73. The shares opened at $46.97 and oscillated between $46.56 and $47.18 during the session. A total of 4.27 million shares changed hands during the day, lower than the previous day trading volume of 5.44 million shares. The stock has lost 3.01% during the last three months of trade in contrast to the NYSE composite that has gained 1.25% during the same time period. A cash dividend payment of $0.18 per share will be paid on May 07, 2014. Shareholders who purchased the stock prior to the ex-dividend date of April 21, 2014 are eligible for the cash dividend payment. The full analyst notes on Lowe's are available to download free of charge at:
http://www.analystsreview.com/1441-LOW-22Apr2014.pdf
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Melco Crown Entertainment Ltd. Analyst Notes
On April 9, 2014, a news article on Reuters stated that Melco Crown Entertainment (Melco Crown) will invest at least $5 billion to open a casino in Japan if the country lifts its ban on gambling resorts. The news article, which initially featured in The Nikkei, said, that the Macau-based casino operator is already in talks with several Japanese companies to open a casino in Japan, most likely in a city such as Tokyo or Osaka. The Company will also enter the Philippines in Q4 2014, marking its first move abroad, news report on Reuters said. The full analyst notes on Melco Crown are available to download free of charge at:
http://www.analystsreview.com/1441-MPEL-22Apr2014.pdf
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