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Quarterly Financial Results, Stock Price Movements, and New Innovations - Analyst Notes on Goodyear, Clorox, Philips, Herman Miller, and Teledyne

Editor Note: For more information about this release, please scroll to bottom.


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Analysts Review

Mar 27, 2014, 08:47 ET

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NEW YORK, March 27, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding The Goodyear Tire & Rubber Company (NASDAQ: GT), The Clorox Co (NYSE: CLX), Koninklijke Philips NV (NYSE: PHG), Herman Miller, Inc. (NASDAQ: MLHR), and Teledyne Technologies Incorporated (NYSE: TDY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

The Goodyear Tire & Rubber Company Analyst Notes 

On March 18, 2014, The Goodyear Tire & Rubber Company (Goodyear) announced that its newest blimp took to the skies for its maiden flight, wherein the ship, aided by tail wind, eclipsed a speed of 80 miles/hour. According to Goodyear, the test flight is part of a comprehensive training program which will be undertaken by Goodyear pilots and crew over the next two months. The new blimp will officially be ready to begin travelling to cities around the United States after a formal christening ceremony in summer 2014. Goodyear stated that the new blimp is a state-of-the-art version that is larger, faster, more maneuverable than previous models, and builds on the Company's legacy as the world's leading builder and operator of airships. The full analyst notes on The Goodyear Tire & Rubber Company are available to download free of charge at:

http://www.AnalystsReview.com/03272014/GT/report.pdf

The Clorox Co Analyst Notes 

On March 24, 2014, shares of The Clorox Co (Clorox) closed at $88.03, up 0.56% from its previous day's closing price. Over the past three trading days, Clorox's shares grew by 0.86%, beating the Dow Jones Industrial Average which increased by 0.34% during that same period. The full analyst notes on The Clorox Co are available to download free of charge at:

http://www.AnalystsReview.com/03272014/CLX/report.pdf

Koninklijke Philips NV Analyst Notes 

On March 20, 2014, Koninklijke Philips NV (Philips) announced the establishment of its Africa Innovation Hub in Nairobi, Kenya. As part of the Company's commitment to invest in Africa, the Philips Innovation Hub will work on the creation of new inventions, as well as bringing these inventions to the market. According to Philips, the Hub will be located at the Philips East African Headquarters in Nairobi, where African talents and international researchers will operate on the concept of "open innovation" and will work in close collaboration with the R&D ecosystem of Kenya and Africa. Philips also informed that it is in discussions with local organizations and Universities on R&D collaborations to co-create meaningful solutions for Africa. Commenting on the establishment, Hon'ble Adan Mohammed, Cabinet Secretary for Industrialization, remarked, "We welcome the establishment of Philips' Innovation Hub in Kenya; Philips is a globally recognized innovation powerhouse and their selection of Nairobi as the site to establish their African Innovation hub is a testament to the Kenyan government's commitment to nurture the drive for research and innovation in the region. We lend our full support to the investment being made by Philips and look forward to the outcomes of their Africa-specific research and projects that can contribute to transforming society, business and government across the continent." The full analyst notes on Koninklijke Philips NV are available to download free of charge at:

http://www.AnalystsReview.com/03272014/PHG/report.pdf

Herman Miller, Inc. Analyst Notes 

On March 19, 2014, Herman Miller, Inc. (Herman Miller) released it Q3 FY 2014 results (period ended March 1, 2014). Herman Miller reported a 7.7% YoY increase in net sales of $455.9 million during the quarter. The Company also posted an increase of 21.4% YoY for new orders amounting to $464.0 million, reflecting broad-based growth across each of the Company's major business units and geographic regions. Herman Miller also stated that its most recent price increase (which became effective February 3, 2014) had the effect of accelerating approximately $22 million of orders that would have otherwise been entered in Q4 FY 2014. The Company's EPS on a diluted basis was $0.33 in Q3 FY 2014, compared to $0.28 in Q3 FY 2013. Commenting on the results, Brian Walker, CEO, stated, "The clear highlight in our results this quarter is the strong order growth across each of our business segments. Particularly encouraging is the fact that this improvement extended into areas that for some time have been headwinds to growth, including the U.S. federal government and key markets within EMEA and Asia. While it's too early to call these improvements sustainable, they certainly increase our optimism. In short, the business fired on all cylinders this quarter, and although uncertainty remains in the global economic and political picture, we feel good about our momentum and direction." The full analyst notes on Herman Miller, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03272014/MLHR/report.pdf

Teledyne Technologies Incorporated Analyst Notes 

On March 24, 2014, shares of Teledyne Technologies Incorporated (Teledyne) dropped 0.43% to end trading at $97.58. Over the past five days of trading, Teledyne's shares slipped by 0.88%, compared to the Dow Jones Industrial Average, which increased by 0.18% over the same period. The full analyst notes on Teledyne Technologies Incorporated are available to download free of charge at:

http://www.AnalystsReview.com/03272014/TDY/report.pdf

About Analysts Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

=============

EDITOR NOTES: 

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

COMPLIANCE PROCEDURE 

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE 

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED 

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.AnalystsReview.com

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