New App Launches, New Partnerships, Facility Expansions, Gaming License Payments, and Settlements - Analyst Notes on Pearson, Men's Wearhouse, HD Supply, Penn National, and Acacia
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NEW YORK, April 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Pearson plc (NYSE: PSO), The Men's Wearhouse, Inc. (NYSE: MW), HD Supply Holdings, Inc. (NASDAQ: HDS), Penn National Gaming Inc. (NASDAQ: PENN), and Acacia Research Corporation (NASDAQ: ACTG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Pearson plc Analyst Notes
On March 27, 2014, Pearson plc (Pearson) announced the launch of its new app, Inspired Locations of Learning, which uses Foursquare's data to share best global learning locations and help students improve study performance. According to Pearson, it has listed over 200 inspiring locations at universities in the US, UK, India and Indonesia, and is now looking for students to add their own global favourites. In addition, the Company said that the first 1,000 students who sign up to the app will have a school textbook donated in their name to a library in Africa through a partnership with Book Aid International. Moreover, users during the first month will have the chance to win a year's worth of university books. The Company stated that the app is available for free for iOS and Android users. The full analyst notes on Pearson plc are available to download free of charge at:
http://www.AnalystsReview.com/04082014/PSO/report.pdf
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The Men's Wearhouse, Inc. Analyst Notes
On March 31, 2014, The Men's Wearhouse, Inc. (Men's Wearhouse) announced that it has hired AlixPartners, an advisory firm, for the integration of Jos. A. Bank Clothiers, Inc. According to Men's Wearhouse President and CEO Doug Ewert, "AlixPartners' vast experience in retail as well as in large merger integration situations will provide significant support to our company's goal of achieving an estimated $100 to $150 million of annual run-rate synergies over three years through improving purchasing efficiencies, optimizing customer service and marketing practices and streamlining duplicative corporate functions." In addition, Mr. Ewert said that this engagement between the two companies will "produce the fourth largest U.S. men's apparel retailer with pro forma sales of approximately $3.5 billion," and that "there will be no rebranding or remodels required." The full analyst notes on The Men's Wearhouse, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04082014/MW/report.pdf
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HD Supply Holdings, Inc. Analyst Notes
On March 27, 2014, HD Supply Holdings, Inc. (HD Supply Holdings) announced that it has expanded its northeast footprint with combined Waterworks and White Cap facility. The Company said that the newly-opened combined Waterworks and 25,000-square foot White Cap facility is located at 232 Frontage Road, Manchester, N.H, which also has a one-acre yard, which will serve HD Supply Waterwork's contractor, municipality, and utility customers and HD Supply White Cap's industrial, commercial and residential customers by warehousing and distributing both companies' products. HD Supply Waterworks President Steve LeClair commented on the news, "The new location heightens our level of services in the Northeast region. Inventory availability is critical to maintaining a competitive advantage in our industry and the New Hampshire location gives us added leverage to better serve our customers." The full analyst notes on HD Supply Holdings, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04082014/HDS/report.pdf
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Penn National Gaming Inc. Analyst Notes
On March 28, 2014, Penn National Gaming Inc. (Penn National) announced that it has submitted an electronic payment of $25 million for the Plainridge Park Casino gaming license to the Commonwealth of Massachusetts. According to Penn National, it has been awarded with the Commonwealth's sole Category 2 gaming license on February 28, 2014 and held a groundbreaking ceremony on March 14, 2014. The Company hosted a construction vendor event for minority-owned, women-owned, veteran-owned and locally-owned businesses based in Manhattan that are interested in contracting with Penn National to develop Plainridge Park Casino. Penn National also said that it has entered into an agreement with nearly 50 area businesses to help the community participate more in this economic development project. The full analyst notes on Penn National Gaming Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04082014/PENN/report.pdf
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Acacia Research Corporation Analyst Notes
On April 3, 2014, Acacia Research Corporation (Acacia) announced that its subsidiary, Cell and Network Selection LLC, has entered into a settlement and patent license agreement with Huawei Technologies Co., Ltd. According to Cell and Network Selection LLC, the agreement provides resolution for all disputes with certain Huawei Technologies Co., Ltd affiliates pending in the United States District Court for the Eastern District of Texas, Civil Action No. 6:13-cv-00404. The full analyst notes on Acacia Research Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04082014/ACTG/report.pdf
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