NEW YORK, August 13, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding McKesson Corporation (NYSE: MCK), SBA Communications Corp. (NASDAQ: SBAC), Sotheby's (NYSE: BID), Sysco Corporation (NYSE: SYY) and L Brands, Inc. (NYSE: LB). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5697-100free.
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McKesson Corporation Research Reports
On August 8, 2014, Reuters reported that McKesson Corporation (McKesson) has decided to pay $18 million to resolve legal claims that alleges the Company of submitting false assurance to the U.S. Centers for Disease Control and Prevention (CDC) of shipping vaccines at the correct temperature. According to the Reuters report, the Justice Department has accused McKesson of failing to properly set monitors to the suitable temperature range from approximately April to November 2007. Citing a statement from McKesson, Reuters informed that the Company believes that the monitors complied with the contract, and that there was no allegation that the vaccines were compromised. McKesson also denied its liability, but later agreed to pay the penalty given the uncertainty of lawsuit, and in the interest of sustaining a strong relationship with the CDC. The full research reports on McKesson are available to download free of charge at:
http://www.analystsreview.com/Aug-13-2014/MCK/report.pdf
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SBA Communications Corp. Research Reports
On August 11, 2014, SBA Communications Corp. (SBA) shares ended the day's trading session at $109.49, down 0.91% from its previous day's closing price of $110.49. During the day, SBA shares oscillated in the range of $109.45 - $111.73. Shares of SBA underperformed the NASDAQ index, which closed the session with 0.71% increase. As of August 11, 2014 SBA had a stock beta of 0.68 and market capitalization of $14.1 billion. The full research reports on SBA are available to download free of charge at:
http://www.analystsreview.com/Aug-13-2014/SBAC/report.pdf
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Sotheby's Research Reports
On August 8, 2014, Sotheby's announced its Q2 2014 and H1 2014 financial results. The total revenues for the quarter increased 10.2% YoY to $335.8 million and net income attributable to Sotheby's was recorded as $77.6 million, down 15.4% YoY. Diluted Earnings per Share (EPS) were reported as $1.11 in Q2 2014 as compared to $1.33 in Q2 2013. The revenue for H1 2014 was $492.6 million, 21.2% YoY and the net income attributable to Sotheby's for the period was $71.5 million, as compared to $69.4 million in H1 2013. Diluted EPS for H1 2014 were recorded as $1.01 as compared to $1.00 in H1 2013. Following the results, the Company closed the trading session on August 8, 2014 with $37.49, down 7.9%. The full research reports on Sotheby's are available to download free of charge at:
http://www.analystsreview.com/Aug-13-2014/BID/report.pdf
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Sysco Corporation Research Reports
On August 11, 2014, Sysco Corporation (Sysco) announced its financial results for Q4 FY 2014 and FY 2014 results (period ended June 28, 2014). The sales for Q4 FY 2014 were recorded as $12.3 billion, up 5.9% YoY and operating income was $424.5 million, as compared to $459.8 million in Q4 FY 2013. The net earnings for Q4 FY 2014 were $254.2 million, down 10.2% YoY. The diluted EPS for Q4 FY 2014 was $0.43, down 8.5% YoY. The sales for FY 2014 increased to $46.5 billion, up 4.7% YoY and operating income for the year declined to $1.6 billion, as compared to $1.7 billion in FY 2013. The net earnings for FY 2014 were reported at $931.5 million, down 6.1% YoY. Diluted EPS in FY 2014 dropped to $1.58, down 5.4% YoY. The full research reports on Sysco are available to download free of charge at:
http://www.analystsreview.com/Aug-13-2014/SYY/report.pdf
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L Brands, Inc. Research Reports
On August 8, 2014, L Brands, Inc. (L Brands) declared a regular quarterly dividend of $0.34 per share, payable on September 5, 2014 to shareholders of record as of August 22, 2014. According to L Brands, the aforesaid dividend will mark the Company's 159th consecutive quarterly dividend. L Brands stock gained 4.3% to close the session at $63.20 on August 8, 2014. The full research reports on L Brands are available to download free of charge at:
http://www.analystsreview.com/Aug-13-2014/LB/report.pdf
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