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Technical Updates, Financial Results Releases, Conference Highlights, and Strategic Agreements - Analyst Notes on LVS, Walgreens, Dillard's, Fiserv and Darden

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


News provided by

Analysts Review

May 21, 2014, 08:45 ET

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NEW YORK, May 21, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Las Vegas Sands Corp. (NYSE: LVS), Walgreen Co. (NYSE: WAG), Dillard's Inc. (NYSE: DDS), Fiserv, Inc. (NASDAQ: FISV) and Darden Restaurants, Inc. (NYSE: DRI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2748-100free.

--
Las Vegas Sands Corp. Analyst Notes
On May 16, 2014, the shares of Las Vegas Sands Corp. (LVS) declined 0.34% to end the day at $73.16. During the session, the Company's shares opened at $73.23 and fluctuated in the range of $72.03 - $73.45. A total of 4.99 million shares changed hands during the session. Over the past 12 months, the shares of the Company increased 24.76%, outperforming the broader market index S&P 500, which increased 12.61% during the same period. LVS released its Q1 2014 financial results on April 24, 2014 and surprised the street with better-than-expected growth in adjusted net income, driven mainly by the strong operating results from the Company's Macao property portfolio. LVS posted an adjusted diluted EPS of $0.97 in Q1 2014, beating the Bloomberg's consensus estimate of $0.94. The full analyst notes on LVS are available to download free of charge at:

http://www.analystsreview.com/2748-LVS-21May2014.pdf

--
Walgreen Co. Analyst Notes
On May 16, 2014, Walgreen Co.'s (Walgreens) stock ended 0.50% lower, closing the day at $67.77. During the session, the Company's shares opened at $68.00 and oscillated in the range of $67.57 - $68.59. Walgreens traded a total of 4.73 million shares during the session. Over the past 12 months, the shares of the Company increased 36.60%, as compared to the Dow Jones Industrial Average Index which increased 7.40% during the same period. The full analyst notes on Walgreens are available to download free of charge at:

http://www.analystsreview.com/2748-WAG-21May2014.pdf

--
Dillard's Inc. Analyst Notes
On May 15, 2014, Dillard's Inc. (Dillard's) reported its financial results for Q1 FY 2014 (period ended May 3, 2014). During the quarter, the net sales were reported at $1.6 billion, up 0.14% YoY. Net income for Q1 FY 2014 came in at $111.7 million, or $2.56 per diluted share, as compared to $117.2 million, or $2.50 per diluted share, in Q1 FY 2013. On average, six analysts surveyed by Thomson Reuters expected the Company to report earnings of $2.41 per share for the quarter (excluding special items). On May 16, 2014, the shares of Dillard rallied 14.91% to close at $111.00, cheering the better-than-expected growth in net income. The full analyst notes on Dillard's are available to download free of charge at:

http://www.analystsreview.com/2748-DDS-21May2014.pdf

--
Fiserv, Inc. Analyst Notes
On May 15, 2014, Fiserv, Inc. (Fiserv) announced that George W. Bush, the 43rd President of the U.S., addressed an audience of more than 4,000 financial services professionals at Forum, its spring client conference held from May 12, 2014 to May 15, 2014 in Las Vegas. At the conference, President Bush shared insights on world events, leadership and the intersection of financial services, public policy and government. The Company informed that the format was driven by topics requested by attendees and moderated by Jeff Yabuki, President and CEO of Fiserv, who opened the conference. Further, Ron Johnson, the visionary retail executive who launched Apple's entry into retail with such concepts as the Genius Bar, also addressed the conference's opening session. The full analyst notes on Fiserv are available to download free of charge at:

http://www.analystsreview.com/2748-FISV-21May2014.pdf

--
Darden Restaurants, Inc. Analyst Notes
On May 16, 2014, Darden Restaurants, Inc. (Darden) announced that the Company has entered into an agreement to sell its Red Lobster business and certain other related assets and assumed liabilities to Golden Gate Capital for $2.1 billion in cash. The Company expects to receive net cash proceeds, after tax and transaction costs, of approximately $1.6 billion, of which approximately $1.0 billion will be used to retire outstanding debt. The remaining net proceeds of approximately $500 million to $600 million will be utilized for a new share repurchase program of up to $700 million in FY 2015. Chuck Ledsinger, Lead Director, Darden's Board of Directors, commented, "The structure of the agreement enables us to capture the value of Red Lobster and establish a market validated valuation of its real estate, while also enabling us to avoid the risks associated with continuing to operate the business in the current challenging environment." The full analyst notes on Darden are available to download free of charge at:

http://www.analystsreview.com/2748-DRI-21May2014.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. 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.

4. 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] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.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, represented by Rohit Tuli, CFA. An outsourced research services provider 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.

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