Acquisitions, Board Appointments, and Financial Results - Research Report on Apple, Mattel, Harman, Brunswick, and Mattress Firm
NEW YORK, December 9, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Apple Inc. (NASDAQ: AAPL), Mattel, Inc. (NASDAQ: MAT), Harman International Industries Inc. (NYSE: HAR), Brunswick Corporation (NYSE: BC), and Mattress Firm Holding Corp. (NASDAQ: MFRM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Apple Inc. Research Report
On December 3, 2013, Bloomberg reported that Apple Inc. (Apple) purchased Topsy Labs Inc. (Topsy), which gives it tools to spot trends as they emerge on Twitter Inc.'s (Twitter) social network. According to the Bloomberg report, Apple purchased Topsy in a transaction valued at over $200 million. The Bloomberg report added that companies use Topsy's service to analyze consumer sentiment on Twitter. Further, Bloomberg informed that Topsy is one of a few partners that has real-time access to the messages on Twitter and can search through every tweet published since 2006. The Full Research Report on Apple 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/e809_AAPL
Mattel, Inc. Research Report
On December 2, 2013, Mattel, Inc. (Mattel) announced the start of its fourth annual global Mattel 12 Days of Play program. Mattel said that 12 Days of Play, a series of holiday-themed philanthropic events that will give the gift of play to more than 100,000 children in over 30 countries, began as a local event in one city and grew to an annual global movement with a reach to thousands of children in locations such as Malaysia, China, Australia, Chile, and Spain. Mattel informed that in the Los Angeles area alone, more than 2000 reindeer-hat-wearing volunteers will join children at inner-city elementary schools and the Mattel Children's Hospital UCLA. Mattel further revealed its plans to create eight Winter Wonderlands with its signature partner Playworks, LA's BEST, and other local organizations. Mattel informed that the Winter Wonderlands will feature real falling snow and activities such as sledding, ice skating, racing Hot Wheels cars down a 40-foot track, photo opportunities with real-life Barbie, a chance to meet Mr. and Mrs. Claus, and plenty of toys. The Full Research Report on Mattel, 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/af28_MAT
Harman International Industries Inc. Research Report
On December 4, 2013, Harman International Industries Inc.'s (Harman) stock rose 2.21%, ending the day at $81.34. Over the previous three trading sessions, shares of Harman gained 0.37% compared to the S&P 500 which declined 0.72% during the same period. The Full Research Report on Harman International Industries 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/fb84_HAR
Brunswick Corporation Research Report
On December 3, 2013, Brunswick Corporation (Brunswick) announced that David V. Singer has been elected to the Company's Board of Directors. Commenting on the appointment, Dustan E. McCoy, Brunswick's Chairman and CEO, said, "We are pleased to welcome David to Brunswick's board of directors. David brings to the table broad operating experience as well as solid financial credentials. Accomplished, recognized and experienced, David will be a welcomed addition to our strong and experienced board of directors." The Company informed that Singer retired after serving as the CEO of Snyder's-Lance, Inc. (Snyder's) from 2010-2013, and was previously President and CEO of Lance, Inc., which merged with Snyder's in 2010. The Full Research Report on Brunswick 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/7fb7_BC
Mattress Firm Holding Corp. Research Report
On December 4, 2013, Mattress Firm Holding Corp. (Mattress Firm) announced its Q3 FY2013 financial results (period ended October 29, 2013). The Company's net sales increased 17.7% YoY to $326.2 million during the quarter. Net income was $18.1 million or $0.53 per diluted share in Q3 FY2013, compared to net income of $12.5 million or $0.37 per diluted share in Q3 FY2012. Commenting on the results, Steve Stagner, Mattress Firm's President and CEO, said, "As a result of initiatives we recently put in place combined with the early benefits we are experiencing from a renewed commitment of manufacturer advertising spend, we successfully drove traffic and comparable store sales growth in our third fiscal quarter. We implemented a number of sales initiatives during the quarter that encouraged our sales associates to improve their productivity and capture a higher percentage of sales from customers. While these initiatives resulted in an anticipated reduction in margins, we experienced a positive momentum shift in comparable store sales toward the end of the quarter that has continued into our fourth quarter. Furthermore, our strong pace of organic growth continued as we added 40 new stores to our base this quarter. We remain focused on our strategy of driving continued sales growth and building relative market share." The Full Research Report on Mattress Firm Holding Corp. - 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/d5d1_MFRM
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