Quarterly Earnings, Market Activity, Regulatory Updates, Strategic Agreements, and Product Launch - Research Reports on Sanderson, Philip Morris, MetLife, 3M and GoPro Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, August 29, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Sanderson Farms, Inc. (NASDAQ: SAFM), Philip Morris International, Inc. (NYSE: PM), MetLife, Inc. (NYSE: MET), 3M Company (NYSE: MMM) and GoPro, Inc. (NASDAQ: GPRO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6078-100free.
Sanderson Farms, Inc. Research Reports
On August 26, 2014, Sanderson Farms, Inc. (Sanderson) announced its Q3 FY 2014 financial results (period ended July 31, 2014). The Company's net sales in the quarter rose 4.0% YoY to $768.4 million. Sanderson's net income for the quarter came in at $76.1 million or $3.30 per diluted share, compared with $67.9 million, or $2.95 per diluted share, in Q3 FY 2013. Analysts polled by Zacks Investment Research expected the Company's net income at $3.77 per share and revenues at $778.7 million. Shares of the Company slipped 5.60% to end at $89.79 following the announcement. The Chairman and CEO Joe F. Sanderson, Jr. said that the Q3 FY 2014 results were affected by accruals booked for the Company's bonus award program and a contribution to the Company's employee stock ownership plan. Also, lower than anticipated volume processed at the Company's poultry plants affected the performance during the quarter, Sanderson added. The full research reports on Sanderson are available to download free of charge at:
Philip Morris International, Inc. Research Reports
On August 26, 2014, the stock of Philip Morris International, Inc. (Philip Morris) gained 0.08% to end the session at $85.26. During the session, the stock opened at $85.24, and fluctuated in the range of $84.83 - $85.46. Philip Morris' stock has a 52-week high of $91.81 and a 52-week low of $75.28. Over the last one month, the Company's stock increased by 0.48%, compared to the Dow Jones Industrial Average, which rose 0.86% during the same period. The full research reports on Philip Morris are available to download free of charge at:
MetLife, Inc. Research Reports
On August 21, 2014, Reuters reported that the U.S. Financial Stability Oversight Council (FSOC) has taken the next step to determine if New York based insurer Metlife Inc. (Metlife) can be designated as a systemically important financial institution. According to Reuters, the U.S. FSOC has closed the evidentiary record on Metlife, which is the last formal step before the council takes its decision. Reuters added that the tag of systemically important financial institution will subject Metlife to stricter capital and risk management oversight by financial regulators. The full research reports on MetLife are available to download free of charge at:
3M Company Research Reports
On August 26, 2014, 3M Company (3M) reported that its 3M Critical & Chronic Care Solutions division reached a group purchasing agreement with health care alliance company Premier, Inc. (Premier) for multiple catheter securement and stability products. According to the Company, the new agreement will allow Premier's health care provider members to take advantage of special pricing and terms pre-negotiated by Premier. 3M informed that the agreement covers products including Tegaderm™ CHG Chlorhexidine Gluconate I.V. Securement Dressings, Tegaderm™ I.V. Advanced Securement Dressings, and the 3M™ PICC/ CVC Securement Device + Tegaderm™ I.V. Advanced Securement Dressing, a sutureless securement system. "The products covered by this purchasing agreement offer a unique mix of versatility and reliability, applying 3M's expertise in transparent films and adhesives to improve patient care and safety, clinician confidence and overall cost of care," said Brent Ashton, Global Business Director for 3M Critical & Chronic Care Solutions. The full research reports on 3M are available to download free of charge at:
GoPro, Inc. Research Reports
On August 25, 2014, GoPro, Inc. (GoPro) announced the launch of its new Fetch mount, the Company's first pet accessory, which allows dog owners to document life from a dog's point of view. The Company informed that Fetch dog harness has two mount locations for HERO cameras - one on the back for over-the-head shots and another on the chest for a field of view closer to all the action. "We designed Fetch to meet the unique needs and usage for pets and can't wait to see the images and videos that owners will capture and share now that they have a mount specifically for their dog," said Paul Osborne, GoPro's Senior Director of product management. GoPro said that its Fetch mount is fully adjustable and can fit small dogs of 15 pounds (7 kilograms) to large breeds up to 120 pounds (54 kilograms). The full research reports on GoPro are available to download free of charge at:
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