NEW YORK, September 13, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting HD Supply Holdings, Inc. (NASDAQ: HDS), W.W. Grainger, Inc. (NYSE: GWW), Louisiana-Pacific Corp. (NYSE: LPX), Magna International, Inc. (NYSE: MGA), and Ingram Micro Inc. (NYSE: IM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
HD Supply Holdings, Inc. Research Report
On September 9, 2013, HD Supply Holdings, Inc. (HDS) reported its Q2 FY 2013 financial results (period ended August 4, 2013). The Company reported net sales of $2.3 billion, up 9.6% YoY and gross profit increased 11.3% YoY to $661 million during the quarter. HDS posted net loss of $72 million or $0.47 per diluted share in Q2 FY 2013, compared to a net loss of $56 million or $0.43 per diluted share in Q2 FY 2012. Joe DeAngelo, CEO of HDS commented, "The fiscal 2013 second quarter was another strong performance for HD Supply despite limited non-residential and municipal end market growth in addition to unusually cooler and wetter weather affecting outdoor construction and HVAC product sales in various parts of the country." The Company anticipates full-year FY 2013 revenue to be in the range of $8.6 billion and $8.8 billion. The Full Research Report on HD Supply Holdings, 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/d56d_HDS]
W.W. Grainger, Inc. Research Report
On August 28, 2013, W.W. Grainger, Inc. (Grainger) announced that it has modified its organizational structure to provide a more consistent integrated approach to pursue growth opportunities. The Company informed that in accordance to the aforesaid modification, Court Carruthers, Senior Vice President and Group President, Americas, will lead its newly formed Americas business, encompassing operations in Canada, the US, Mexico, Panama, Puerto Rico, Dominican Republic, Costa Rica, Colombia and Peru. Additionally, the Company reported that DG Macpherson, Senior Vice President and Group President, Global Supply Chain and International will lead Grainger's emerging operations, which include the Company's high potential businesses in the large economies including Brazil, Europe and Asia. Chairman, President and CEO of Grainger, Jim Ryan, said, "Over the last year, we have brought greater focus to our company strategy, clarifying how we will compete - through both a multichannel model and online model - as well as where we will compete - including mature and growth markets. These changes help position our business to win now and in the future by increasing our focus and driving more integration across the organization." The Full Research Report on W.W. Grainger, 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/0dd4_GWW]
Louisiana-Pacific Corp. Research Report
On September 4, 2013, Louisiana-Pacific Corp. (LP) announced that it has signed a definitive agreement to acquire all of the outstanding common shares of Ainsworth Lumber Co. Ltd. (Ainsworth), for a total consideration of CAD3.76 per Ainsworth common share, based on the closing price of LP common shares as on September 3, 2013. Curt Stevens, LP's CEO commented, "This is an excellent transaction that makes LP more valuable for our customers and our shareholders. Ainsworth has very high quality assets and provides us with an expanded suite of strand-based products and technologies, additional access to key international growth markets, particularly in Asia, and enhanced scale and efficiencies in North America." The Full Research Report on Louisiana-Pacific 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/4fbb_LPX]
Magna International, Inc. Research Report
On September 10, 2013, Magna International Inc. (Magna) announced a facility expansion in Mexico. The Company reported the opening of two new auto supply facilities, which include a Magna Interiors plant in Arteaga and a Cosma International plant in Ramos Arizpe. According to the Company, its new 148,000-square-foot, Magna Interiors facility manufactures headliners and complete overhead systems and consoles for a variety of auto makers, while its Cosma International facility is focused on engineering and design, including mechanical 2D and 3D assembly processing, and compete 3D assembly line design. "As our customers expand their manufacturing footprint, Magna is there to support them with world-class design, engineering and manufacturing," said Scott Paradise, Vice-President, Marketing and New Business Development - The Americas, Magna International. The Full Research Report on Magna International, 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/2e39_MGA]
Ingram Micro Inc. Research Report
On September 9, 2013, Ingram Micro Inc. (Ingram Micro) announced a new Digital Signage Certified Expert (DSCE) training program designed for its channel partners throughout North America. The training program was recently previewed by more than 100 channel partners at Ingram Micro's recent 2013 ProAV / Digital Signage Solutions Partner Invitational. "Ingram Micro's new DSCE certification and training program is comprehensive and extremely valuable for channel partners who are serious about digital signage and want to extend their portfolio and services to include these high-margin solutions," says Jay McCutcheon, Chief Engineer at South Central AV: an Independent Affiliate of Mood and inaugural advisory board member to Ingram Micro's ProAV / Digital Signage BU. The Full Research Report on Ingram Micro 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/478c_IM]
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