Stock Price Updates, Appointments, and IPO Pricings - Analyst Notes on FedEx, Wynn, Restoration Hardware, CBS, and Delta Air Lines
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NEW YORK, April 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding FedEx Corporation (NYSE: FDX), Wynn Resorts Ltd. (NASDAQ: WYNN), Restoration Hardware Holdings, Inc. (NYSE: RH), CBS Corporation (NYSE: CBS), and Delta Air Lines Inc. (NYSE: DAL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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FedEx Corporation Analyst Notes
On March 28, 2014, the shares of FedEx Corporation (FedEx) declined for the fifth consecutive session and ended lower by 0.08% at $125.85. During the session, the Company's shares opened at $132.44 and oscillated in the range of $132.01 - $133.40. FedEx traded 5.02 million shares during the day, higher than its 30-day average trading volume of 2.48 million shares. The stock has declined by 4.60% since March 19, 2014, when the Company released its Q3 FY 2013 financial results and confirmed that severe winter storms took toll on its operations and earnings. FedEx reported that bad weather impacted its year-over-year operating income by an estimated $125 million. Over the past 12 months, the shares of the Company increased 34.43%, beating the NYSE Composite, which increased 14.58% during the same period. The full analyst notes on FedEx Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04022014/FDX/report.pdf
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Wynn Resorts Ltd. Analyst Notes
On March 28, 2014, the stock of Wynn Resorts Ltd. (Wynn) snapped the seven-day long losing streak and ended higher by 1.75% at $217.51. During the session, the Company's shares opened at $214.11 and oscillated in the range of $212.97 - $220.50. A total of 2.12 million shares changed hands during the day. Wynn stock is now down by 12.76% from its 52-week high of $249.31 hit on March 5, 2014. Over the past 12 months, the shares of the Company increased 73.79%, significantly outperforming the NASDAQ Composite which increased 27.18% during the same period. The full analyst notes on Wynn Resorts Ltd. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/WYNN/report.pdf
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Restoration Hardware Holdings, Inc. Analyst Notes
On March 27, 2014, Restoration Hardware Holdings, Inc. (RH) announced the appointment of Doug Diemoz as Chief Development Officer for leading the Company's future international growth and global expansion efforts. Additionally, Diemoz will also be responsible for the development and management of emerging new businesses. The Company informed that Diemoz will report to RH's Chairman and CEO, Gary Friedman, and serve as a member of the Company's Executive Leadership Team. Commenting on the appointment, Gary Friedman, Chairman and CEO, said, "On behalf of the entire RH team, I am thrilled that Doug will be joining RH. I've known and admired Doug for years and believe his high energy, drive, and collaborative nature is an excellent fit for our culture. His finance, operations, and international experience will be invaluable as we execute our long term growth strategy." The full analyst notes on Restoration Hardware Holdings, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/RH/report.pdf
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CBS Corporation Analyst Notes
On March 27, 2014, CBS Outdoor Americas Inc. (CBS Outdoor), the outdoor advertising subsidiary of CBS Corporation (CBS), announced the pricing of its initial public offering (IPO) of 20 million shares of its common stock at a price to the public of $28.00 per share. The price, which is at the high-end of the expected range of $26 - $28, will fetch the Company around $560 million. The offer is expected to close on or about April 2, 2014, following which CBS Corporation will own approximately 83% of CBS Outdoor (or approximately 81% of the outstanding stock if underwriters exercise their option to purchase additional 3 million shares in full). Meanwhile, the shares began trading on March 28, 2014, on NYSE under the ticker symbol "CBSO," and received an overwhelming response from investors. On its first trading day, the stock of CBS Outdoor gained 5.36% to close at $29.50. During the session, it touched an intra-day high of $30.47. The full analyst notes on CBS Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04022014/CBS/report.pdf
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Delta Air Lines Inc. Analyst Notes
On March 28, 2014, Delta Air Lines Inc.'s (Wynn) stock edged 1.76% lower, closing the day at $33.53. During the session, the Company's shares opened at $34.14 and vacillated in the range of $33.51 - $34.69. Over the previous five days, the shares of the Company increased 2.44%, outperforming the NYSE Composite which moved 0.41% higher during the same period. The full analyst notes on Delta Air Lines Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/DAL/report.pdf
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