Stock Updates, Annual Shareholders Meeting Updates, Prestigious Awards, Package Launches, and Senior-Level Appointments - Analyst Notes on Western Digital, Corning, Entergy, Marriott and Archer Daniels
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, May 12, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Western Digital Corporation (NASDAQ: WDC), Corning Inc. (NYSE: GLW), Entergy Corporation (NYSE: ETR), Marriott International, Inc. (NASDAQ: MAR) and Archer Daniels Midland Company (NYSE: ADM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2322-100free.
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Western Digital Corporation Analyst Notes
On May 7, 2014, shares of Western Digital Corporation (Western Digital) ended the trading session at $83.35, down 1.26%. The broader index NASDAQ Composite closed at 4,067.67, down 0.3%. The Company's stock opened at $83.99 and fluctuated in the range $82.39 - $84.94. A total of 2.50 million shares of Western Digital were traded, which was higher than its 30-day average daily volume of 2.07 million. The stock of the Company has fallen 5.37%, compared with the closing of $88.08 on April 30, 2014 when the Company released its Q3 FY 2014 financial results. The net income during the reported quarter had declined to $375 million, or $1.55 per share, from $391 million, or $1.60 per share, in Q3 FY 2013, and its revenues had also declined to $3.7 billion from $3.8 billion in the year-ago period. The full analyst notes on Western Digital are available to download free of charge at:
http://www.analystsreview.com/2322-WDC-12May2014.pdf
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Corning Inc. Analyst Notes
On April 29, 2014, Corning Inc. (Corning) informed that its Chairman, President and CEO, Wendell P. Weeks addressed shareholders at the Company's annual meeting of shareholders held earlier that same day. During the meeting, Weeks stated that "This Company is built for longevity" and it has successfully navigated the latest challenge in its 163-year history. According to the Company, Weeks told shareholders that Corning has delivered on its intentions to alleviate the Display Technologies segment and refurbish the earnings growth. Corning reported sales of nearly $8 billion and grew core earnings per share 16% in 2013. Wendell P. Weeks commented, "In just over two years, we doubled the dividend and repurchased 13% of outstanding shares." The full analyst notes on Corning are available to download free of charge at:
http://www.analystsreview.com/2322-GLW-12May2014.pdf
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Entergy Corporation Analyst Notes
On May 6, 2014, Entergy Corporation (Entergy) announced that Tree-Trimming has earned Entergy Corporation Honors from Arbor Day Foundation. The Company informed that this is the ninth consecutive year that it has been honored for its proper tree pruning, planting and care that helps minimize the number of service outages customers experience from falling trees and limbs. Robbin Jeter, Entergy Mississippi Vice President of Customer Service, said, "In order to meet Entergy's commitment to providing reliable service to our customers, we have to be both vigilant and responsible when it comes to vegetation management. A great amount of planning and focus by Entergy's distribution and transmission vegetation groups is required to meet Tree Line USA standards. We are pleased the Arbor Day Foundation recognizes the good work we do on behalf of our customers and the environment." The full analyst notes on Entergy are available to download free of charge at:
http://www.analystsreview.com/2322-ETR-12May2014.pdf
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Marriott International, Inc. Analyst Notes
On May 7, 2014, Marriott International, Inc. (Marriott) informed that its wholly owned subsidiary The Ritz-Carlton Hotel Company (The Ritz-Carlton Hotel) launched the 'Intrigue You' package in Middle East, designed to deliver individual and tailored experiences to the people looking for a lavish break within the region. The package offers guests the chance to book two nights' accommodation, and receive a third night with the compliments of The Ritz-Carlton. The Company stated that this package is available at seven hotels and resorts across the Middle East. The full analyst notes on Marriott are available to download free of charge at:
http://www.analystsreview.com/2322-MAR-12May2014.pdf
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Archer Daniels Midland Company Analyst Notes
On May 7, 2014, Archer Daniels Midland Company (ADM) announced two management appointments -- Ian Pinner as President, Global Cocoa, where he will supervise the Cocoa Press Operations of the Company; and Scott Walker as Vice President, Oilseeds Portfolio Optimization, to front run the Company's sale of its chocolate business. Matt Jansen, Senior Vice President and President, Oilseeds, said, "As we work to sell our chocolate business?while retaining and continuing to improve our global cocoa press operations?it is important that each of these businesses have strong leaders who can dedicate themselves fully to these distinct efforts. Ian and Scott are both proven leaders, and I look forward to working with them in their new roles." The full analyst notes on Archer Daniels are available to download free of charge at:
http://www.analystsreview.com/2322-ADM-12May2014.pdf
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