NEW YORK, November 3, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Darden Restaurants, Inc. (NYSE: DRI), Hertz Global Holdings, Inc. (NYSE: HTZ), MGM Resorts International (NYSE: MGM), Costco Wholesale Corporation (NASDAQ: COST) and Time Warner Cable Inc. (NYSE: TWC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7632-100free.
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Darden Restaurants, Inc. Research Reports
On October 16, 2014, Darden Restaurants, Inc. (Darden) announced that its Board of Directors has appointed William S. Simon (Bill) to the Company's Board, effective immediately. With Bill's appointment, the Board has also voted to increase the number of seats on the Board to 13. Darden informed that Bill has previously served on the Company's Board for two years but did not stand for re-election at the Annual Meeting earlier this month. Most recently, Bill served as the CEO of Walmart U.S. "My fellow Board members and I are pleased that Bill has agreed to return as a Director. As previously indicated, we were willing to consider the right former director with the skill sets, experience and perspectives that would best complement the new Board members," said Jeffrey C. Smith, Darden's Independent Non-Executive Chairman. The full research reports on Darden are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/DRI/report.pdf
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Hertz Global Holdings, Inc. Research Reports
On October 29, 2014, Hertz Global Holdings, Inc. (Hertz) and Panasonic Enterprise Solutions Company (Panasonic) jointly announced that they have completed two solar power installations at Hertz Rent-a-Car facilities at Denver International and St. Louis International Airports. The Company informed that solar installations at Hertz's Newark Liberty International Airport are in progress and the same is expected to be completed later this year, while construction at Hertz's John F. Kennedy Airport is scheduled to start in 2015. According to the Company, once completed, the four Hertz airport locations will have a combined capacity of 1 megawatt of clean energy, which will be used to power Hertz customer service areas and other nearby Hertz buildings. The full research reports on Hertz are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/HTZ/report.pdf
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MGM Resorts International Research Reports
On October 30, 2014, MGM Resorts International (MGM) announced its Q3 2014 financial results. The Company's consolidated net revenues during the quarter increased 0.9% YoY to $2.48 billion. During the quarter, MGM Resorts' consolidated net loss attributable to the Company narrowed to $20.3 million, or $0.04 loss per diluted share, from $22.3 million, or $0.05 loss per diluted share, in the year ago period. "While we expected to have some negative impact to margins during the quarter as a result of the disruptions related to our investments in Delano at Mandalay Bay and the Strip frontage at Monte Carlo, we were also negatively affected by lower year over year table games hold and an increase in certain expenses," said Jim Murren, Chairman and CEO of MGM. The full research reports on MGM are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/MGM/report.pdf
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Costco Wholesale Corporation Research Reports
On October 28, 2014, Costco Wholesale Corporation (Costco) announced that its Board of Directors has declared a quarterly cash dividend of 35.5 cents per share on the Company's common stock. The quarterly dividend is payable November 28, 2014, to shareholders of record at the close of business on November 14, 2014. The full research reports on Costco are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/COST/report.pdf
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Time Warner Cable Inc. Research Reports
On October 30, 2014, Time Warner Cable Inc. (TWC) announced its Q3 2014 financial results. TWC informed that its net income during the quarter came in at $499 million, or $1.76 per diluted share, compared to $532 million, or $1.84 per diluted share, a year earlier. On an adjusted basis, the Company's net income per diluted share stood at $1.86, missing the average estimate of $1.90 in a Reuters' poll of analysts. Revenues of the Company were at $5.71 billion, up 3.6% YoY but below the Reuters consensus estimate of $5.75 billion. TWC's Residential video revenue decreased 4.0% YoY to $2.5 billion due to fall in Residential video subscribers on YoY basis. The Company lost 184,000 residential video subscribers in the quarter, far more than the StreetAccount's expectations of 136,000, as per a Reuters report. The full research reports on Time Warne Cable are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/TWC/report.pdf
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