Earnings Releases, Stock Price Movements, Company Milestone, Senior-level Appointments - Analyst Notes on Avalonbay, Medivation, Hertz, Marriott, and Accenture

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Apr 03, 2014, 08:00 ET

NEW YORK, April 3, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Avalonbay Communities Inc. (NYSE: AVB), Medivation, Inc. (NASDAQ: MDVN), Hertz Global Holdings, Inc. (NYSE: HTZ), Marriott International, Inc. (NASDAQ: MAR), and Accenture plc (NYSE: ACN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

Avalonbay Communities Inc. Analyst Notes

On March 31, 2014, shares of Avalonbay Communities Inc. (Avalonbay) closed at $131.32, up 0.91%, and in line with the broader market index NYSE Composite which gained 0.89% to end the trading session at 10,527.77. The stock of Avalonbay, a real estate investment trust (REIT), opened at $130.54 and fluctuated in the range of $129.40 - $132.17. The Company is due to pay a quarterly dividend of $1.16 per share on April 15, 2014 to shareholders of record as of March 31, 2014. The declared dividend represents a $0.09 per share, or 8.4% increase over the Company's previous quarterly dividend of $1.07 per share. Avalonbay has consistently paid dividends each year since it went public in 1994. The full analyst notes on Avalonbay Communities Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04032014/AVB/report.pdf

Medivation, Inc. Analyst Notes

On March 31, 2014, Medivation, Inc. (Medivation) - a biopharmaceutical Company, announced the appointment of Rick Bierly as the Company's CFO, with immediate effect. According to the Company, Rick will serve as Medivation's Principal Financial and Accounting Officer and will report to David Hung, M.D., President and CEO. According to the Company, after serving more than a decade as Medivation's Chief Business and Financial Officer, Patrick Machado is retiring from his position. Shares of the Company rose 5.39% to close the trading session at $64.37, amidst high volumes. The full analyst notes on Medivation, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04032014/MDVN/report.pdf

Hertz Global Holdings, Inc. Analyst Notes

On March 24, 2014, Hertz Corporation - the world's largest airport general use car rental brand, and a subsidiary of Hertz Global Holdings (Hertz) - announced the opening of its 20^th car rental location in UAE. The new location is in Etihad Airways' one-stop travel retail and check-in facility on Sheikh Zayed Road, where guests can purchase tickets, drop off baggage and board an Etihad Express luxury coach directly from Dubai to Abu Dhabi International Airport. Commenting on the development, Nigel Johnson, MD, Hertz UAE, said, "The new location is an important step in the strategic expansion of our network in the UAE, and it reinforces Hertz as the preferred car rental partner of Etihad Airways. This is our first travel mall outlet in the UAE, and establishing an early presence here is crucial as a booming regional aviation and travel sector underpins our expansion strategy." The full analyst notes on Hertz Global Holdings, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04032014/HTZ/report.pdf

Marriott International, Inc. Analyst Notes

On March 31, 2014, Renaissance Hotels, a hotel brand owned by Marriott International, Inc. (Marriott), announced the opening of its maiden Hotel in Southwest China province of Chengdu. The 348-room Renaissance Chengdu hotel is located in the capital city of Sichuan Province - Chengdu, also known as the "Storehouse of Heaven" due to its abundance of natural, economic and cultural resources. The hotel is operated under a management agreement with Sichuan Master Investment Group. Commenting on the launch, Henry Lee, COO, Greater China, Marriott International said, "Marriott International's portfolio in China continues to expand and we're thrilled to open our first Renaissance Hotel to open in the heart of Chengdu. Renaissance Hotels is known for embracing the spirit of each destination, making it a perfect fit for travelers visiting this exciting city." The full analyst notes on Marriott International, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04032014/MAR/report.pdf

Accenture plc Analyst Notes

On March 27, 2014, Accenture plc (Accenture) announced its financial results for Q2 FY 2014 (period ended February 28, 2014) and reported slightly higher-than-expected decline in net income to $1.03 from $1.65 in Q2 FY 2013. Analysts polled by Reuters expected the EPS at $1.04. The stock ended the session lower by 5.03% at $78.80. The decline in stock was, however, limited by Accenture's upward revision in FY 2014 earnings guidance. Accenture raised its profit forecast to $4.50 - $4.62 for FY 2014.

For Q2 FY 2014, the Company registered an operating income of $951.28 million, compared with $1.16 billion during Q2 FY 2013. "Operating results for the quarter reflect lower contract profitability, primarily due to pricing pressures and higher payroll costs and, to a lesser extent, lower margins in the early stages of a few large contracts," said Accenture, in a statement. During the second quarter, Accenture repurchased or redeemed 9.2 million shares, including approximately 6.5 million shares repurchased in the open market, for a total of $739 million. The full analyst notes on Accenture plc are available to download free of charge at:

http://www.AnalystsReview.com/04032014/ACN/report.pdf

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