Technical Updates, Quarterly Dividend, Appointment, and Regulatory Approval - Research Reports on ABInBev, Under Armour, Colgate, Michael Kors and Whirlpool
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NEW YORK, September 18, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Anheuser Busch Inbev SA (NYSE: BUD), Under Armour Inc. (NYSE: UA), Colgate-Palmolive Company (NYSE: CL), Michael Kors Holdings Ltd. (NYSE: KORS) and Whirlpool Corporation (NYSE: WHR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6568-100free.
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Anheuser Busch Inbev SA Research Reports
On September 15, 2014, shares (ADRs) in Anheuser Busch Inbev SA (ABInBev) surged 3.15% to close the trading session at $114.45. On the same day, the Wall Street Journal (WSJ) reported that the Company is in talks with the banks to get a potential deal worth £75 billion ($122 billion) financed to acquire global beer rival SABMiller PLC (SABMiller). WSJ further stated that the SABMiller PLC had made an offer to buy Heineken NV, which the latter had rebuffed. The tie-up of ABInBev and SABMiller is expected to result in the control of nearly one-third of global beer supply with one company, according to WSJ. Shares in ABInBev opened the session at $113.77 and oscillated in the range of $113.71 - $114.92, with 3.77 million shares changing hands. The full research reports on ABInBev are available to download free of charge at:
http://www.analystsreview.com/Sep-18-2014/BUD/report.pdf
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Under Armour Inc. Research Reports
On September 15, 2014, Under Armour Inc.'s (Under Armour) stock closed the trading session at $67.19, down 2.96% from its previous day's close of $69.24. During the session, the stock vacillated between intra-day low of $66.23 and intra-day high of $69.39. A total of 3.06 million shares were traded during the session, which is higher than its 30-day average volume of 1.94 million shares. The stock's close of $67.19 was 8.49% below its 52-week high of $73.42. The stock has surged 14.50% in the last six months, as compared to Dow Jones Industrial Average that gained 6.01% over the same period of time. The stock closed above its 50-day and 200-day moving averages of $66.73 and $54.90, respectively. The full research reports on Under Armour are available to download free of charge at:
http://www.analystsreview.com/Sep-18-2014/UA/report.pdf
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Colgate-Palmolive Company Research Reports
On September 10, 2014, Colgate-Palmolive Company (Colgate) reported that a $0.36 per common share of quarterly cash dividend has been declared by its Board. The dividend is payable on November 14, 2014, to shareholders of record on October 17, 2014. The full research reports on Colgate are available to download free of charge at:
http://www.analystsreview.com/Sep-18-2014/CL/report.pdf
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Michael Kors Holdings Ltd. Research Reports
On September 12, 2014, Michael Kors Holdings Ltd. (Michael Kors) announced the appointment of Pascale Meyran to the newly created role of Senior Vice President, Chief Human Resources Officer, effective September 15, 2014. In her new role, Pascale Meyran will oversee the creation of a best in class Global Human Resources Department, with a focus on a robust learning and talent development program. Further, Pascale Meyran will report to John D. Idol, the Company's Chairman and CEO. Prior to joining Michael Kors, Ms. Meyran was at S.C. Johnson & Son, where she held the position of Senior Vice President of Global Human Resources since 2010. Commenting on the appointment, John D. Idol stated, "Pascale's appointment brings us a wealth of experience in talent development and training on both a domestic and international level." The full research reports on Michael Kors are available to download free of charge at:
http://www.analystsreview.com/Sep-18-2014/KORS/report.pdf
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Whirlpool Corporation Research Reports
On September 15, 2014, Whirlpool Corporation (Whirlpool) announced that the China Securities Regulatory Commission (CSRC) has approved the Company's acquisition of 51% stake in Hefei Rongshida Sanyo Electric Co., Ltd. The Company informed that this is the final key regulatory approval required in the acquisition process. The Company expects the acquisition to close at the end of Q3 2014 or early in Q4 2014. Further, the Company expects that the closure of this acquisition will not have a material impact on its earnings and cash flow outlook for 2014. In addition, the transaction is expected to be accretive in the first full year of integration. This acquisition is in line with Company's long-term strategy to grow its position in the emerging Chinese market. Jeff Fettig, Chairman and CEO of Whirlpool, said, "This is a significant milestone in bringing our companies together, and we look forward to delivering increased value for the Chinese consumer and leveraging our global enterprise for greater efficiencies." The full research reports on Whirlpool are available to download free of charge at:
http://www.analystsreview.com/Sep-18-2014/WHR/report.pdf
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EDITOR'S NOTES:
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