NEW YORK, January 6, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Starbucks Corporation (NASDAQ: SBUX), Chipotle Mexican Grill, Inc. (NYSE: CMG), Archer Daniels Midland Company (NYSE: ADM), The Wendy's Co (NASDAQ: WEN), and The Andersons, Inc. (NASDAQ: ANDE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Starbucks Corporation Research Report
On December 23, 2013, Starbucks Corporation (Starbucks) announced highlights of 2013. The Company reported that it achieved record revenues of $14.9 billion and double-digit shareholder returns in 2013. Starbucks informed that it added new markets and customers with its new offerings and 1,701 net new stores that were opened across the globe in 2013, with flagship stores in India, Vietnam and Monaco. More than 10,000 U.S. veteran and active military spouses were hired by the Company in 2013. The Full Research Report on Starbucks 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/50aa_SBUX
Chipotle Mexican Grill, Inc. Research Report
On December 20, 2013, Chipotle Mexican Grill, Inc. (Chipotle) announced its participation at the upcoming 16th Annual ICR Xchange Conference on Tuesday, January 14, 2014. According to the Company, the conference will be held at The JW Marriott Grande Lakes Hotel & Resort in Orlando, Florida. The Company stated that the presentation, which starts at 4:00 p.m. ET on the aforesaid date, will be webcast live from Chipotle's website under the Investor Relations section. The Full Research Report on Chipotle Mexican Grill, Inc. - including full deta iled breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/b0e3_CMG
Archer Daniels Midland Company Research Report
On December 20, 2013, Archer Daniels Midland Company (ADM) announced that it has reached a settlement with the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) of allegations under the Foreign Corrupt Practices Act (FCPA) relating primarily to conduct by a Ukraine subsidiary of ADM's majority-owned subsidiary, Alfred C. Toepfer International. According to the Company, it has agreed with these agencies to monetary relief totaling c. $54 million, the amount for which ADM previously established a reserve. ADM's Chairman and CEO Patricia Woertz, commented on ADM's process, "In 2008, soon after we became aware of some questionable transactions by a non-U.S. subsidiary, we engaged an outside law firm and an accounting firm to undertake a comprehensive internal investigation. In early 2009, we voluntarily disclosed the matter to appropriate U.S. and foreign government agencies and undertook a comprehensive anti-corruption global risk analysis and compliance assessment. We have also implemented internal-control enhancements, and taken disciplinary action, including termination, with a number of employees." Woertz also added, "The conduct that led to this settlement was regrettable, but I believe we handled our response in the right way, and that the steps we took, including self-reporting, underscore our commitment to conducting business ethically and responsibly." The Full Research Report on Archer Daniels Midland 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/9649_ADM
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The Wendy's Co Research Report
On December 20, 2013, The Wendy's Co (Wendy's) announced that it will report its preliminary Q4 2013 results on Monday, January 13, 2014 at approximately 7:00 a.m. ET. Wendy's stated that in conjunction with its participation in the ICR Conference in Orlando, Florida, the Company will also present a summary of its full-year 2013 results and 2014 outlook at 8:00 a.m. on the same day. According to the Company, a live webcast of the presentation can be accessed via the investors' relations section of Wendy's website. The Full Research Report on The Wendy's 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/27ac_WEN
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The Andersons, Inc. Research Report
On December 19, 2013, The Andersons, Inc. (The Andersons) announced that its Board of Directors has approved a three-for-two split of its stock. The Company's shareholders will receive an additional share for every two shares they own on the record date of January 21, 2014, in the form of a dividend to be distributed as of the close of business on February 18, 2014. The Anderson stated that its Board also approved a c.$0.17 per share cash dividend for Q1 FY 2014, payable on January 23, 2014 to Company shareholders as of record January 2, 2014. "Our stock's recent outstanding performance has enabled us to undertake this endeavor," said Chairman and CEO of the Company, Mike Anderson. "We believe this action will enhance the liquidity of our shares and enable a larger universe of investors to purchase our shares." The Full Research Report on The Andersons, 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/6bfc_ANDE
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