|By PR Newswire||
|March 28, 2014 08:01 AM EDT||
NEW YORK, March 28, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Norfolk Southern Corporation (NYSE: NSC), ADT Corporation (NYSE: ADT), GameStop Corp. (NYSE: GME), HD Supply Holdings, Inc. (NASDAQ: HDS), and Magna International Inc. (NYSE: MGA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Norfolk Southern Corporation Analyst Notes
On March 19, 2014, Norfolk Southern Corporation (Norfolk Southern) announced the release of its 2013 Annual Report, highlighting 2013 as a breakthrough year. "We achieved record performance levels as our investments in network capacity, technology, and new talent delivered the safe, efficient, and dependable service our transportation customers deserve," said Wick Moorman, CEO of Norfolk Southern. "We set new precedents for railway operating revenues and income from railway operations and achieved new landmarks for net income, earnings per share, and operating ratio." The Company's annual report is distributed to stockholders, the financial community, news media, and libraries, and can also be requested by contacting Norfolk Southern. The full analyst notes on Norfolk Southern Corporation are available to download free of charge at:
ADT Corporation Analyst Notes
On March 25, 2014, ADT Corporation (ADT) announced the appointment of Jerri DeVard to the position of Senior Vice President and Chief Marketing Officer, effective March 31, 2014. Reporting directly to ADT President and CEO Naren Gursahaney, DeVard will be responsible in leading the Company's marketing efforts across the Residential, Small Business, and Health business units. She will also oversee all strategic, operational, and financial aspects of ADT's integrated marketing programs. Prior to joining the Company, DeVard was Nokia's first Chief Marketing Officer and a member of its executive committee. The full analyst notes on ADT Corporation are available to download free of charge at:
GameStop Corp. Analyst Notes
On March 25, 2014, GameStop Corp. (GameStop) announced the launch of the GameStop Technology Institute (GTI). The Company informed that GTI is focused on creating affiliations with leading technology corporations and academic institutions to discover and deliver business innovation and technology solutions. The Company also informed that IBM and the Center for Retailing Studies at Texas A&M University's Mays Business School have also joined GameStop as founding partners of GTI. "The launch of GTI represents GameStop's commitment to cultivate innovation within the retail industry, as well as lead the charge in discovering new technology advancements to drive positive customer experiences," said Paul Raines, CEO of GameStop. The full analyst notes on GameStop Corp. are available to download free of charge at:
HD Supply Holdings, Inc. Analyst Notes
On March 25, 2014, HD Supply Holdings, Inc. (HD Supply) reported financial results for Q4 FY 2013 and full-year FY 2013 (period ended February 2, 2014). In Q4 FY 2013, the Company achieved net sales of $1.9 billion, up 6.9% YoY, while net sales for full-year FY 2013 were $8.5 billion, up 9.4% YoY. Q4 FY 2013 net loss was $66 million, or $0.34 per diluted share, compared to a net loss of $713 million, or $5.46 per diluted share, in Q4 FY 2012. Full-year FY 2013 net loss was $218 million, or $1.31 per diluted share, compared to a net loss of $1.2 billion, or $9.03 per diluted share, for full-year FY 2012. "We delivered 9 percent sales growth and 21 percent Adjusted EBITDA growth, as adjusted for unusual items, despite a challenging and uncertain market environment. Our focused growth strategies and investments coupled with our differentiated customer-centric business model continue to deliver profitable growth in excess of our estimate of market growth," said Joe DeAngelo, CEO of HD Supply. The full analyst notes on HD Supply Holdings, Inc. are available to download free of charge at:
Magna International Inc. Analyst Notes
On March 18, 2014, Magna International Inc. (Magna) announced that the Ontario Securities Commission (OSC) has issued an issuer bid exemption order (2014 Order), which permits the Company to make private agreement purchases of Magna's Common Shares from an arm's length third-party seller. Magna was previously granted an issuer bid exemption order (2013 Order) on November 22, 2013, which permitted the Company to make private agreement purchases from an arm's length third-party seller pursuant to the terms and conditions contained in the 2013 Order. Magna further noted that the Normal Course Issuer Bid expires on November 12, 2014, and the maximum number of Common Shares which may be purchased by way of all private agreements, including the 2013 Order, cannot surpass 4.0 million, and the maximum number of Common Shares purchased in any weekly tranche by way of private agreement will not exceed 1.0 million. The Company informed that as of the date of the release, it has purchased 2.4 million Common Shares under the 2013 Order. The full analyst notes on Magna International Inc. are available to download free of charge at:
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