Where Opportunity is Found -- Research Report on Archer Daniels Midland, Armstrong, Arrow Electronics, Avnet and Avon
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 22, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Archer Daniels Midland (NYSE: ADM), Armstrong (NYSE: AWI), Arrow Electronics (NYSE: ARW), Avnet (NYSE: AVT), and Avon (NYSE: AVP). 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):
ADM Research Report: ( http://get.analystsreview.com/pdf/?c=Archer-Daniels-Midland&d=22-Dec-2014&s=ADM ),
AWI Research Report: ( http://get.analystsreview.com/pdf/?c=Armstrong%20World%20Industries&d=22-Dec-2014&s=AWI ),
ARW Research Report: ( http://get.analystsreview.com/pdf/?c=Arrow%20Electronics&d=22-Dec-2014&s=ARW ),
AVT Research Report: ( http://get.analystsreview.com/pdf/?c=Avnet&d=22-Dec-2014&s=AVT ),
AVP Research Report: ( http://get.analystsreview.com/pdf/?c=Avon%20Products&d=22-Dec-2014&s=AVP ).
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Analyst Update: Divestitures, Appointments, Shares Repurchase, Product Availability and Management Structure
Reviewed by: Rohit Tuli, CFA®
The U.S. markets extended their gains for a third session on Friday with the S&P 500 adding up its second best week in almost two years. The Dow Jones Industrial Average finished at 17,804.80, up 0.15%, the NASDAQ Composite edged 0.36% higher at 4,765.38, and the S&P 500 advanced 0.46% to close the session at 2,070.65. The rally in the U.S. stocks was fueled by the Federal Reserve's assurance on Wednesday to take a patient approach towards raising interest rates, which calmed the investors over the policy outlook. On the other hand, the European markets ended Friday's session on a mixed note as Italian banking and healthcare stocks weighed down the wider benchmarks. The Asian markets extended the previous day's gain on Friday and ended on a positive note boosted by the momentum on Wall Street following the reassurance from Federal Reserve that interest rates would be hiked no sooner than mid-2015.
Archer Daniels Midland Company (Archer Daniels Midland) has agreed to sell its global cocoa business to Olam International Limited for $1.3 billion, subject to customary adjustments. The proposed sale is expected to close during the second quarter of 2015. After the sale, the majority of almost 1,550 colleagues in Archer Daniels Midland's cocoa business will transfer to Olam.
Armstrong World Industries, Inc. (Armstrong) announced the appointment of Gregory P. Spivy as a member of the Armstrong Board of directors, effective December 15, 2014. Gregory has been Chairman of MSD Performance, Inc. and a former director of KAR Auction Services, Inc., MDS, Inc., MSC Software Corp. and PRA International.
Arrow Electronics, Inc. (Arrow Electronics) announced the repurchase of up to an additional $200 million of common stock through a share repurchase program. Earlier, the Company announced that Gregory Tarpinian has been named as its Senior Vice President, General Counsel, and Secretary after the retirement of Peter S. Brown from the aforesaid roles.
SILICA, an Avnet, Inc. (Avnet) company and one of the leading semiconductor distributors in Europe, has announced availability of Analog Devices' (ADI) Hittite Microwave products, widening the distributor's wireless communications portfolio by more than 1100 new standard products across 36 device families.
Avon Products, Inc. (Avon) announced changes in its management structure to support its multiyear turnaround plan. Under the new structure, its Latin America Business will be divided into two Avon executives who will each oversee a defined set of markets within the region.
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About Analysts Review
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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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