Where Investors Are Going: Complementary Research on HARMAN, Hershey, Hormel Foods, Bachoco and Ingredion
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 30, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including HARMAN (NYSE: HAR), Hershey (NYSE: HSY), Hormel Foods (NYSE: HRL), Bachoco (NYSE: IBA), and Ingredion (NYSE: INGR). 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):
HAR Research Report: ( http://get.analystsreview.com/pdf/?c=Harman&d=30-Dec-2014&s=HAR ),
HSY Research Report: ( http://get.analystsreview.com/pdf/?c=Hershey&d=30-Dec-2014&s=HSY ),
HRL Research Report: ( http://get.analystsreview.com/pdf/?c=Hormel%20Foods&d=30-Dec-2014&s=HRL ),
IBA Research Report: ( http://get.analystsreview.com/pdf/?c=Bachoco&d=30-Dec-2014&s=IBA ),
INGR Research Report: ( http://get.analystsreview.com/pdf/?c=Ingredion&d=30-Dec-2014&s=INGR ).
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Analyst Update: Acquisitions, CSR Activities, Profit Sharing Activities, Financial Results andStock Repurchase Program
Reviewed by: Rohit Tuli, CFA®
The US stock markets on Monday ended the day on a fairly flat note, as gains were curbed when an early rally in energy stocks was lost due to tumbling oil prices. U.S. crude settled down $1.12 at $53.61 a barrel. While the NASDAQ remained flat at 4,806.91, the S&P 500 posted its 53rd record close of the year on Monday at 2,090.57, up 0.09%. Dow Jones Industrial Average however edged 0.09% lower at 18,038.23. The European stock markets on Monday closed on a mixed note. Greek stocks and bonds slumped after politicians in the country failed for a third time to endorse Prime Minister Antonis Samaras' preferred candidate. Following the rally in the US markets on optimism about the U.S. economic outlook, the Asian stock market rose broadly on Monday. Chinese and Hong Kong shares extended recent gains in reaction to Friday's announcement by the People's Bank of China on easing liquidity requirements at banks staring next year.
Harman International Industries, Inc. (HARMAN) has entered into an agreement to acquire S1nn GmbH & Co. KG (S1nn). The S1nn team will be integrated into Harman's Infotainment division. A day before the acquisition announcement, the Company released its 2014 Sustainability Report.
The Hershey Company (Hershey) has committed over $1 million funds for its Project Peanut Butter to help severely malnourished Ghanaian children through peanut-based Ready to Use Therapeutic Foods (RUTFs). In the release dated December 17, 2014, Hershey in partnership with Project Peanut Butter announced that the project's new facility in Ghana is now beginning full operation.
Hormel Foods Corporation (Hormel Foods) has distributed a record annual profit sharing of $17.4 million to entitled hourly and salaried employees during the Company's 76th annual Thanksgiving Eve Day tradition. Last month, the Company also reported record performance for the fourth quarter and fiscal year 2014.
Industrias Bachoco, S.A. de C.V. (Bachoco) is on road to recovery as it reported strong growth in its net sales and net income for third quarter 2014. Net sales came in at Mexican pesos (MXN) 10.6 billion (up 12.5% YoY) led by increased volume of chicken sold along with solid chicken and swine prices during the quarter. Gross margin was at 23.3% compared to 13.6% reported in Q3 2013.
Ingredion Incorporated's (Ingredion) board has declared stock repurchase program permitting purchases of up to five million of Ingredion's outstanding common shares from January 1, 2015 to December 31, 2019. The board also declared a quarterly dividend of $0.42 per share on Ingredion's common stock, payable on January 26, 2015, to stockholders of record at the close of business on December 31, 2014.
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About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
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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