Strategic Update: Free Research on Estee Lauder Companies, Flowers Foods, FEMSA Comercio, Del Monte and General Mills
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 29, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Estee Lauder Companies (NYSE: EL), Flowers Foods (NYSE: FLO), FEMSA Comercio (NYSE: FMX), Del Monte (NYSE: FDP), and General Mills (NYSE: GIS). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
EL Research Report: ( http://get.analystsreview.com/pdf/?c=Estee%20Lauder%20Companies&d=29-Dec-2014&s=EL ),
FLO Research Report: ( http://get.analystsreview.com/pdf/?c=Flowers%20Foods&d=29-Dec-2014&s=FLO ),
FMX Research Report: ( http://get.analystsreview.com/pdf/?c=FEMSA%20Comercio&d=29-Dec-2014&s=FMX ),
FDP Research Report: ( http://get.analystsreview.com/pdf/?c=Del%20Monte&d=29-Dec-2014&s=FDP ),
GIS Research Report: ( http://get.analystsreview.com/pdf/?c=General%20Mills&d=29-Dec-2014&s=GIS ).
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Analyst Update: Acquisitions, Stock Options Exercise, Tender Offer Results and Dividend Declaration
Reviewed by: Rohit Tuli, CFA®
The U.S. stock market prolonged its winning streak on Friday, ending the day in green, as positive sentiments continued to buoy the markets after the Christmas holiday. The Dow Jones Industrial Average (DJIA) gained for seven consecutive trading days and ended the session at 18,053.71, up 0.13%, while the S&P 500 moved up 0.33% to 2088.77. The Nasdaq Composite advanced 0.70% and closed at 4,806.86, its highest level since March 2000. The European markets will remain close till Monday. The Asian stocks were mostly higher, as investors played down a slew of Japanese economic reports on inflation, industrial output and the labor market. The data showed that inflation in Japan was slowing, despite efforts of increasing it; however, the market reaction to the November figures was largely muted.
Leading skin care, makeup, and hair care products maker, The Estee Lauder Companies Inc (Estee Lauder Companies) has signed an agreement to acquire the Hollywood skin care brand GLAMGLOW for an undisclosed amount.
Flowers Foods, Inc. (Flowers Foods) announced that Allen L. Shiver, the Company's President and CEO, and Stephen R. Avera, Executive Vice President, Secretary, and General Counsel, exercised stock options.
Cadena Comercial de Farmacias, S.A.P.I. de C.V., a subsidiary of FEMSA Comercio, S.A. de C.V. (FEMSA Comercio), has agreed to acquire 100% of Farmacias Farmacón, a drugstore operator in the western Mexican states of Sinaloa, Sonora, Baja California and Baja California Sur. The transaction awaits customary regulatory approvals, and is expected to close during Q1 2015.
Fresh Del Monte Produce, Inc. (Del Monte) announced the final results of its modified Dutch auction tender offer, which expired on December 2, 2014. As per the terms of the tender offer, the Company has accepted for purchase 2.36 million ordinary shares, at a purchase price of $34.50 per share, for an aggregate purchase price of c.$81.6 million.
General Mills, Inc. (General Mills) declared quarterly dividend of $0.41 per share, payable on February 2, 2015, to shareholders of record on January 12, 2015. A day after the dividend announcement, the company released its second fiscal quarter 2015 results, reaffirming its 2015 targets, with net sales expected to grow at a low single-digit rate from the 2014 base of $17.9 billion on a constant currency basis.
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About Analysts Review
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Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
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