NEW YORK, December 20, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting 3M Co. (NYSE: MMM), The Clorox Company (NYSE: CLX), Leggett & Platt, Incorporated (NYSE: LEG), Fortune Brands Home & Security, Inc. (NYSE: FBHS), and Icahn Enterprises, L.P. (NASDAQ: IEP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
3M Co. Research Report
On December 17, 2013, 3M Co. (3M) reported that its Board of Directors has declared a dividend on the Company's common stock of 85.5 cents per share for the Q1 2014, a 35% increase over the quarterly dividend paid in 2013. The said dividend is payable on March 12, 2014, to shareholders of record at the close of business on February 14, 2014. The Company further informed that 3M has paid dividends to its shareholders without interruption for more than 97 years. According to the release, as of November 29, 2013, 3M had 665.2 million common shares outstanding and 91,873 shareholders of record. The Full Research Report on 3M Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
The Clorox Company Research Report
On December 11, 2013, The Clorox Company announced that the Company has earned a top rating of 100% on the Human Rights Campaign's 2014 Corporate Equality Index (CEI). The Company informed that CEI is a nationally recognized measure of gay, lesbian, bisexual and transgender (GLBT) equality in the workplace. According to the Company, since 2006, Clorox has earned a perfect rating on the CEI and has been named one of the "Best Places to Work for GLBT Equality." The Full Research Report on The Clorox Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Leggett & Platt, Incorporated Research Report
On December 17, 2013, Leggett & Platt, Incorporated (Leggett & Platt) announced that the Company expects to record a $60 million to $75 million (pre-tax) non-cash impairment charge during Q4 2013 related to its Commercial Vehicle Products (CVP) group, which is part of the Specialized Products segment. According to Leggett & Platt, the EPS impact of the non-cash charge should be between $0.28 and $0.35 per share. The Company reported that apart from this impairment charge, the Company has made no change to the underlying full year EPS guidance issued in October 2013. Leggett & Platt previously disclosed that it had been considering strategic alternatives for its CVP unit, including possible divestiture of the business. The Company Informed that as a part of that process, it has become apparent that current market values for certain CVP assets, primarily goodwill, have fallen below recorded book values, due to lower expectations of future revenue and profitability, which is reflected by reduced market demand for the racks, shelving, and cabinets used in telecom, cable, and delivery vans. The Company further revealed its intentions to focus on improving the operating performance and cost structure of the CVP business. The Full Research Report on Leggett & Platt, Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Fortune Brands Home & Security, Inc. Research Report
On December 16, 2013, Fortune Brands Home & Security, Inc. (Fortune Brands Home & Security) announced that the Company has named Robert K. Biggart as Senior Vice President of General Counsel and Corporate Secretary, effective immediately. According to the Company, Biggart brings 29 years of corporate law experience from PepsiCo where he held senior legal roles across most of its business units and global geographic regions. The Company informed that since 2001, Biggart served in a general counsel role for various business units with a proven track record in commercial legal affairs, mergers and acquisitions and joint ventures. Biggart will report to Christopher Klein, CEO of Fortune Brands Home & Security. The Full Research Report on Fortune Brands Home & Security, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Icahn Enterprises, L.P. Research Report
On December 17, 2013, stock of Icahn Enterprises, L.P. (Icahn) closed at $121.01, down by 1.26%. Over the previous three trading sessions, Icahn's stock increased by 0.70% while the Nasdaq composite also increased 0.63% during the same period. The Full Research Report on Icahn Enterprises, L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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