NEW YORK, April 14, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding MGM Resorts International (NYSE: MGM), Rite Aid Corp. (NYSE: RAD), Viacom, Inc. (NASDAQ: VIAB), Expedia Inc. (NASDAQ: EXPE) and Vipshop Holdings Limited (NYSE: VIPS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1073-100free.
MGM Resorts International Analyst Notes
On April 9, 2014, New York-New York Hotel & Casino, a wholly owned subsidiary of MGM Resorts International (MGM), announced that it is turning up the flavor on its dynamic new plaza experience with the addition of fan-favorite restaurants Tom's Urban and Shake Shack, to be opened in December 2014. The Company informed that the restaurants will take the space presently occupied by The Sporting House (closing June 3, 2014), and join recently opened retail outlets Swatch, Stupidiotic, I Love NYNY and Starbucks, as well as Hershey's Chocolate World, which is opening this spring. Cynthia Kiser Murphey, the hotel's President and Chief Operating Officer, commented, "With the opening of our new plaza, we have created an engaging pedestrian environment with the striking backdrop of the New York-New York skyline and know that Tom's Urban and Shake Shack will bring the fun experience and fantastic flavors our guests love." The full analyst notes on MGM are available to download free of charge at:
Rite Aid Corp. Analyst Notes
On April 10, 2014, Rite Aid Corp. (Rite Aid) released its financial results for Q4 FY 2014 and FY 2014 (period ended March 1, 2014). The Company posted the net income of $55.4 million, or $0.06 per diluted share, during the quarter; beating the analysts' estimates on back of growth in pharmacy same store sales. On average, analysts polled by Reuters forecasted the Company's EPS at $0.04. The Company's revenues during the quarter increased 2.2% YoY to $6.6 billion. While the front end sales declined 0.7% YoY, the pharmacy sales witnessed an increase of 3.5% YoY. For FY 2014, the Company's revenues remained almost flat $25.5 billion, but the net income zoomed to $249.4 million, or $0.23 per diluted share, from $118.1 million, or $0.12 per diluted share, in FY 2013. The Company also provided an upbeat FY 2015 guidance, sending the stock to a fresh 52-week high. The full analyst notes on Rite Aid are available to download free of charge at:
Viacom, Inc. Analyst Notes
On April 9, 2014, Viacom, Inc. (Viacom) reported that TV Land is set to remake the hidden camera reality television series "Candid Camera," together with Ben Silverman's multimedia studio Electus and Peter Funt's Candid Camera, Inc. co-producing. Announcing the development, Larry W. Jones, President of TV Land, said "A remake of Candid Camera is the perfect addition to our portfolio of original series." The landmark series revolves around the concept of concealing cameras to capture the reactions of ordinary people being confronted with unusual and often challenging situations. In addition to Ben Silverman, the new show will be executive produced and co-hosted by former "Candid Camera" host Peter Funt, son of the show's original creator and host, Allen Funt. The full analyst notes on Viacom are available to download free of charge at:
Expedia Inc. Analyst Notes
On April 8, 2014, Expedia Inc. (Expedia) reported the results of the latest Hotels.com Amenities Survey. As per the survey, travelers look for complimentary breakfasts along with free Wi-Fi as the as the most valuable hotel amenities. The survey revealed that food is becoming more of a factor when it comes to hotel property amenities, while Wi-Fi availability emerged as the most desirable in-room amenity. The full analyst notes on Expedia are available to download free of charge at:
Vipshop Holdings Limited Analyst Notes
On April 8, 2014, the stock (ADR) of China-based online discount retailer Vipshop Holdings Ltd. (Vipshop) rallied 5.38% to end the session at $150.32, amid reports that the stock has been upgraded to "outperform" from "neutral" by Credit Suisse. The stock opened the session at $146.49, and fluctuated in the range of $141.20 - $150.95. A total of 1.13 million shares changed hands during the day. Powered by its strong earnings growth, the stock has gained 430.23% over the past 12 months, far outperforming the broad market indexes during the same period. Vipshop's total revenues in Q4 2013 climbed 117.3% YoY to $651.0 million, while net income jumped over four-fold to $25.4 million. The full analyst notes on Vipshop are available to download free of charge at:
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