NEW YORK, December 19, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Johnson Controls (NYSE: JCI), Kaman (NYSE: KAMN), KAR Auction Services (NYSE: KAR), Kimberly-Clark (NYSE: KMB), and Knoll (NYSE: KNL). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
JCI Research Report: ( http://get.analystsreview.com/pdf/?c=Johnson%20Controls&d=19-Dec-2014&s=JCI ),
KAMN Research Report: ( http://get.analystsreview.com/pdf/?c=Kaman&d=19-Dec-2014&s=KAMN ),
KAR Research Report: ( http://get.analystsreview.com/pdf/?c=KAR%20Auction%20Services&d=19-Dec-2014&s=KAR ),
KMB Research Report: ( http://get.analystsreview.com/pdf/?c=Kimberly%20Clark&d=19-Dec-2014&s=KMB ),
KNL Research Report: ( http://get.analystsreview.com/pdf/?c=Knoll&d=19-Dec-2014&s=KNL ).
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Analyst Update: Earnings Guidance, Approvals, Recognitions, Upcoming Events, and Dividend
Reviewed by: Rohit Tuli, CFA®
The U.S. stock market extended its winning streak on Thursday, recording its best two-day gains in last three years. The rally in U.S. started on Wednesday after Federal Reserve's Chairwoman Janet Yellen assured the markets that the central bank would be patient about lifting interest rate. The S&P 500 advanced 2.43%, Dow Jones Industrial Average moved up 2.40%, and Nasdaq Composite ended the session 2.24% up. The European stocks also surged, recording their strongest daily gain in three years, supported by a rise in Greek shares. The rebound in oil prices, dovish statement of Federal Reserve and calmness in Russian market also boosted European markets. Most Asian stock markets ended higher as investors were encouraged to take more risk following the positive stimulus led by the U.S. Federal Reserve statement.
Johnson Controls, Inc. (Johnson Controls) expects to post record profits in fiscal 2015 with profitability improvements in all three of its businesses. For FY 2015, segment income is expected to grow c.11% YoY, while diluted EPS is anticipated to be within $3.55 to $3.70 and consolidated net sales is forecasted at c.$42.3 billion.
Kaman Corporation (Kaman) has received New Zealand Ministry of Defense (MoD) acceptance for the first SH-2G(I) Super Seasprite helicopter for the New Zealand Defence Force (NZDF). Previously in May, 2013, Kaman was awarded with a $120 million purchase contract by the MoD for ten hi-tech Kaman SH-2G(I) Super Seasprite aircraft, spare parts, a full mission flight simulator, and related logistics support.
Jim Hallett, CEO, KAR Auction Services, Inc (KAR Auction Services) was awarded with the EY Entrepreneur of the Year 2014 National Services Award at the Entrepreneur of the Year Awards gala, the culminating event of the EY Strategic Growth Forum.
Kimberly-Clark Corporation (Kimberly-Clark) to host its second annual KChallenge startup competition at the 2015 Consumer Electronics Show (CES) in Las Vegas, Nevada to be held from January 6 to January 9, 2015. The Company informed that the winning startup will get the opportunity to pilot a project with one of Kimberly-Clark's global brands such as Kleenex, Huggies, Depend, Scott or Kotex.
Manufacturer of branded furniture Knoll, Inc.'s (Knoll) Board of Directors has declared a quarterly cash dividend of $0.12 per share payable on December 31, 2014 to shareholders of record on December 15, 2014. Earlier on November 12, 2014, the Company also announced the election of Christopher G. Kennedy to its Board of Directors.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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.
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