NEW YORK, October 10, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting The Clorox Company (NYSE: CLX), Crown Holdings Inc. (NYSE: CCK), Packaging Corp. of America (NYSE: PKG), Domtar Corporation (NYSE: UFS), and Sonoco Products Co. (NYSE: SON). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Clorox Company Research Report
On October 3, 2013, The Clorox Company (Clorox) announced its updated strategic plan, the 2020 Strategy. According to the Company, its strategic plan focuses on delivering long-term, profitable growth through the year 2020 and is an evolution of the Company's recently completed Centennial Strategy. The Company stated that its 2020 strategy aims to continue delivering total stockholder returns in the top third of Clorox's peer group by driving economic profit. Clorox informed that to meet its 2020 goals it will be focusing on the following strategies: Engage its people as business owners; Increase Company's brand investment behind superior products and more targeted 3D plans; Grow into profitable new categories, channels and countries; and Fund growth by reducing waste in our work, products and supply chain. Chairman and CEO Don Knauss said, "Building on this foundation, our sights are set on 2020, with a strategy that focuses the company on the highest-value opportunities to deliver sustainable, profitable growth," Clorox further stated that in addition to its 2020 strategy its long term financial goals include: growing net sales by 3% to 5 % annually, expanding EBIT margin 25-50 basis points annually and generating free cash flow of 10% to 12% of sales annually. The Full Research Report on The Clorox Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4ebb_CLX]
Crown Holdings Inc. Research Report
On September 24, 2013, Crown Holdings, Inc. (Crown Holdings) announced its updated Q3 2013 earnings outlook. The Company reported that it has revised its expected diluted EPS to a range of $1.05 to $1.10 from its previously projected diluted EPS range of $1.15 to $1.25. According to the Company, the revised outlooks primarily reflect lower than expected end-user demand in certain of the Company's markets, including European food cans and North American beverage cans. The Company further informed that it will release its Q3 2013 earnings results on October 16, 2013, after the market closes on the New York Stock Exchange, and will also host a conference call to discuss these results at 9:00 a.m. EDT on October 17, 2013. The Full Research Report on Crown Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/57fc_CCK]
Packaging Corp. of America Research Report
On September 16, 2013, Packaging Corp. of America (PCA) announced that it has entered into a definitive agreement with Boise, under which PCA will acquire all of the outstanding common shares of Boise for $12.55 per share in cash, for an aggregate transaction value of $2 billion which includes $714 million of outstanding indebtedness of Boise. PCA stated that the transaction is expected to close in Q4 2013 subject to certain customary conditions and regulatory approvals. According to the PCA, the combined companies generated $5.5 billion in sales and $879 million in EBITDA (excluding special items) in the last twelve months ended June 30, 2013. PCA Executive Chairman, Paul Stecko said, "The acquisition is an excellent fit, both geographically and strategically, with unique and substantial synergies. It provides the containerboard that PCA needs to support our strong corrugated products growth." PCA's CEO, Mark Kowlzan added, "This acquisition allows us to apply our operating and sales expertise across a much larger system and provides significant growth potential. I am confident, that together, we will achieve significant operating benefits." PCA further informed that the boards of directors of both Boise and PCA have unanimously approved the agreement. The Full Research Report on Packaging Corp. of America - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/df34_PKG]
Domtar Corporation Research Report
On October 3, 2013, Domtar Corporation (Domtar) announced that it will release its Q3 2013 financial results on October 24, 2013, before market opens. The Company also informed that it will also host a conference call to discuss the results at 10:00 a.m. ET on the same day after the announcement of the results. The Full Research Report on Domtar Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/90c3_UFS]
Sonoco Products Co. Research Report
On September 17, 2013, Sonoco Products Co. (Sonoco) announced its successful inclusion to the 2013/2014 Dow Jones Sustainability World Index (DJSI) for the fifth consecutive year. M. Jack Sanders, President and CEO of Sonoco said, "As one of only a handful of global packaging companies listed on DJSI World, we understand the importance of reducing the environmental footprint from our global operations, providing a safe and healthy workplace for our employees, providing innovative packaging and recycling solutions to meet our customers' sustainability goals and supporting the communities where we operate by providing ongoing engagement with all stakeholders." The Full Research Report on Sonoco Products Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0e41_SON]
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner
